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

Sorry to go on but I must tell the truth..........

That is what happen 3 weeks ago at the thread "trades" and the "fool" can't forget GTL was 2.43p and yesterday went to 3.35p, that is only 3 weeks ago .

Master RSI - 05 Feb 2006 18:51 - 7 of 44
This is my selection for the "UPS" this week GTL

GTL price 2.43p
Biggest ever volume of 50M some 17 times the usual
Broke 2p last Friday what was resistance since last September, the chart is looking very bullish now as on a couple days will do a Golden Cross
Construction work on its new ethanol plant in the US is on track to start in the Q4 of 2006 on production for 50 mln gallon a year company is investigating the potential expansion of that site to 100 mln gallon
Ethanol stocks have been rising since the mention of the word "ethanol" at Union speech by President Bush

ravey davy gravy - 05 Feb 2006 19:41 - 8 of 44
Be careful with Gtl resources.

Looks like a pump and dump from that lovely advfn bb.

55 mil market cap for a company that hopes to start production of methanol
by the end of 2007 not 2006, 2 years away and you only have to look at the
ups and downs of Biofules to see that the price is already far too high on future
events so dont chase it because you will get hung.

Gentlemen please,

I'm sure you are both fine upstanding individuals of the highest moral standing etc etc, but perhaps discretion would be the better part of valour and therefore could I ask that you slang each other off elsewhere and we keep messages on the thread to constructive issues to do with SER.

Ever grateful, Many thanks

.

SER 5.5 0- 5.60p +0.05p

The L2 is 2 v 2, share price not moving since 9.17 am

Banked 100% on a small % of my holding at 0.54p to reduce having
bought at 0.27p a few months back.

Sefton will probably go higher though, all the mm's are in play for the
first time and there is serious competition for stock both ways.

Master Rsi, you are squelched, when money am start a new game i will
come and fine you, cannot believe you get jealous just because i have such
a small holding of Ser stock at a low price but each to their own.

ravey davy gravy

Your apology will be welcome, nothing else will do

Do not bother to come to my "TREAD" and pinch my selection of good shares

You are the one following me, that tells everhing on everyone's books

now come on lads theres money to be made here keep to ser

girls any chance we can stick to the matter in hand. i.e. SER

I just got in at 0.58p, hope its still a good price to make some profit!

olami5,

Yes, especially if you hold this until April/May, when I expect this to have exceeded 1p.

1.5m on the bid .52 and 250k on offer at .58 ,someone is trying to gather in stock. im on a nice profit ,but after 2 years waiting i want more.

cellby,

I have my own target below which I will not sell one single share. I am sticking to this as in the past I have made the mistake of selling far too early.
It is more than double the current price.

               LUNCH TIME FUN

               
Some one needs balls ?......... yessssss         " ravey davy gravy "        

OIL prices going higher after the news .......

Shots, blast near Saudi oil installation - TV UPDATE

Updating with gunfire heard near oil gathering centre in Abqaiq)
DUBAI - An explosion and gunfire were heard near an oil installation in
Abqaiq in Saudi Arabia's oil-rich Eastern Province, Al-Arabiya satellite news
channel reported.
Brent crude for April delivery rose 1.95 usd to 62.50 on the news, while the
US WTI benchmark contract was up 1.91 at 62.47.
Witnesses reported gunfire near the oil gathering center in Abqaiq, but the
source of the shots was not immediately clear, said the Saudi-owned television.
It was not immediately possible to confirm the report from officials in
Saudi Arabia, the world's top oil exporter which has been battling a wave of
terror by suspected Al-Qaeda militants since May 2003.

        JOKE OF THE DAY

The Lucky Donkey
One day a farmer's donkey fell down into a well.
The animal cried piteously for hours as the farmer
tried to figure out what to do. Finally he decided
the animal was old, and the well needed to be covered
up anyway, it just wasn't worth it to retrieve the
donkey. He invited all his neighbors to come over and
help him. They each grabbed a shovel and began to shovel
dirt into the well.

At first, the donkey realized what was happening and
cried horribly. Then, to everyone's amazement, he quieted
down. A few shovel loads later, the farmer looked down
the well and was astonished at what he saw.

As every shovel of dirt hit his back, the donkey did
something amazing. He would shake it off and take a step
up. As the farmer's neighbors continued to shovel dirt
on top of the animal, he would shake it off and take a
step up. Pretty soon, everyone was amazed, as the donkey
stepped up over the edge of the well and trotted off.

The Moral:
Life is going to shovel dirt on you, all kinds of dirt.
The trick to getting out of the well is to shake it off
and take a step up. Each of our troubles is a stepping
stone. We can get out of the deepest wells just by not
stopping, never giving up! Shake it off and take a step up

Remember the five simple rules to be happy:
1. Free your heart from hatred - Forgive.
2. Free your mind from worries - Most never happen.
3. Live simply and appreciate what you have.
4. Give more.
5. Expect less

       

A truly inspiring tale, Master. Cheers!

MJ - Looks like the Waltons have moved in. If this continues the squelch function may get some use... Must say you've called this week pretty well, credit where due well done....

Thanks explosive. I've got to admit, I didn't think it would get past 0.5p quite so soon, but now we have, I expect it to become a good support level. Should be more rises next week, but I do expect some pullbacks at some point, although again I expect them to be small and short-lived.

Yeah I'm also predicting a small fall next week. The current pace is unexpected however it would seam the market was awoken to SERs potential.

Should Reach 1.4p + following news in March IMO
MT