This stock looks like the most undervalued oil company on the stock exchange. >
Sefton Resources epic SER. It is currently trading at a price of 0.275p valueing the whole company at just 4M.

You might look at the market cap and assume that this company is just an explorer or a shell, but in fact Sefton is producing over 6000 barrels of oil per month with a monthly revenue of over $300k. It's recent work on it's Tapia oilfield exceeded expectations, meaning the company hit it's 200BOPD target 5 months early, and is now expecting resource and production estimates to be further upgraded. This is before it embarks on a steam-assisted programme early next year which
could see production rates multiplied 2-4 times! It is also looking at drilling further wells on the rich Tapia field in the light of the better than expected results.

So why is it only valued at 4M? The primary reason is lack of awareness of the stock, the sub-1p price puts many people off straight away, and a large overhang.

A year or so ago the company was put in financial dire straits by a
well blowout and had to undertake large discounted placings to get
itself back on track, which it has done with a vengeance. However,
some of these placing shares, which represent some 25% of the company
are being sold into the market, depressing the price so that despite the fact that the companies prospects have improved dramatically over
the past year, the price has dropped by nearly 60%.

This makes the company an absolute bargain at these rock-bottom prices. In 6 months time I expect this to be worth 3-5 times the current price. SERIOUSLY.

There is plenty of research to get your teeth into, the best place to start is the website :

www.seftonresources.com

There are 2 excellent articles on Sefton on the following website by Ian Mclelland (Jan/Feb 2006) - well worth a read to get up to speed on this company and it's prospects:

www.proactiveinvestors.com

Still hold 2 mil at .28p average.

Starting to look very promising and some new moves on L2 today with a mm
that has not moved for a long time jumping from .25p to .33p bid in one go
late on today (KBC)

Just what does Seymore Pierce know for them to make a sudden U-Turn, they
were on the offer for months and would not budge, now they want to be alone
on the bid and seem to be taking a lot of stock either for themselves or for a
client(s).

Thanks for the level 2 insight Ravey.
Now what was I saying about much better spreads?..

Getting better - we have a BREAKOUT of the 18-month downtrend.

free stock charts from ADVFN.COM

thats a nice suprise to come home to up 16% and Very close spread .41 on the bid with Lloyds.can only buy 37k but sell 750k.its a Very messey day for lot of oils.

someone wants to build up stock 2.5 mil max on bid 750k on the offer ,,neVer been seen before. who going to be first to take there profits,and who thinks we will see .6 Very soon .

With analyst's reports expected this week and news before the end of the month, I can't see this changing direction in a hurry.

Bid at .45 and loking good... MJ I agree with news round the corner the sp shouldn't change direction... Looks like we have lift off.

Closing price was 0.4/0.5 explosive. Hope to see the spread close a bit tomorrow, probably by the offer coming down a bit. Unless the strong buying, or whatever is driving this rapid rise continues and the bid continues upwards?

mjr1234 what sort of analst report are you exspecting this week,people buying in at .5, would be interest to know where they think we are going,and why they did,nt buy in below .3 .I was here 2 years ago in at .44 then when i thought we were moVeing a few at .6,now the hole lots in profit 3k,lets be off to new highs what a wait.

Trading report is what I'm expecting cellby...

cellby,

I am expecting a write-up by Proactive Investors this week, and an Initiation of Coverage report by Hardman&Co this week or the next.

7p is target... for next week ;-)

LOL we would all be rich LOL. No not for quite sometime methinks, but............... you never know, one day?

I think you will get a pleasent suprise next week

katcenka r u in full ramp mode?

If not do share your info please! Pretty please!!!!! :-)

mjr1234 thanks for that they should be pointing out how this co has turned it self around from disaster to producer. oils droped and theres a big panic on today,but think oils the place to be.

last chance to get in before 1p is reached

What we are expecting this month:

- Hardman&Co Initiation of Coverage
- Proactive Investor report
- RNS detailing plans for this year / positive financial update?
- Oilbarrel report

and the price rose again today, now .0053p to buy and yesterday it was .0050p, at this rate I will be a millionaire

Katcenta - 7p for next week then ah!! I think you meant .70 seven tenths of a penny rather than 7.00 being 7 pence.... Mind you if the sp does hit 7p next week I be a very happy bunny....