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

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

The share is on the move up again

earlier on the offer (large spread ) and now on the bid

with 2 v 2 on the L2 on the price o,55 - 0.65p +0.05p

The big mouth sell on Friday, got the timing wrong as usual

Top sliced 500k from 2.5 mil at 0.54p, still holding 2 million but will
continue to top slice into strength as Ser gets closer to it's real value.

Now up on the bid 0.62 -0.65p +0.085p

on a good move up and narrow spread.

With a 1 YEAR chart BREAKOUT

BREAKOUT

ravey davy gravy

I'll take your word, but I did not see any 500K sell last Friday @ 0.54p

Two large "T" trades earlier buys just reported at 0.60p

Those were the reason of the sudden move up

Thats not true.

The 2.4 mil was a worked sale filled by heavy smaller buying at higher prices.

2.4M T trade almost certainly a buy, given the opening bid/offer of 0.5/0.6.
I always assume intra-day T trades go in the direction of the price (ie if price has risen, it is a buy, if price has fallen, it is a sell). It seems to work most of the time.

Not that it matters of course.

You have to laugh.

I get critised for taking a 100% profit in under 2 months now on a trade !

mjr1234

Do not take any notice of the "fool" just big mouth no trousers

I don't think (it) has any idea of trading

Go back and read the last 50 posts on this thread.

A nice balanced thread with polite responses and then master rsi
turns up and ruins it, i really really hate the scum rampers such as rsi
who come over from advfn to spam this great bb with their ramps.

All because i stated how many shares i had bought.....cannot believe
some people.

ravey/Master RSI

Lets not ruin the thread any further with petty squables. It seems you and Master RSI have a history, but can you both try and keep it off the thread - you could set up your own "Ravey vs Master RSI" slagging match thread if you want? ;)

0.60 -0.68p +0.09p

moving higher at both sides and a new high for the day,
after some profit taking earlier

ravey davy gravy

STOP talking rubbish

There only one problem here "YOU"

You started not once but twice, so just SHUT UP, and all the problems are over

Your mmemory is faulty somewhere, this was you second "try" below, I do not take sh#t from amateurs like you, I ve being on the share business making money too long "boy"

ravey davy gravy - 23 Feb 2006 23:51 - 563 of 600
I now hold 2.5 million at average 0.34p, dont tell master rsi because i am
a amateur who has not a clue according to him ;-))

Can we calm down ladies and gentlemen.

A much better bid/offer spread at the moment - anyone care to post level 2?

1 v 1.

Wins supporting the bid, at 0.6p bid they were a full .1p higher
than next bid so i have took more profits at 0.61p, if the price
continues to rise i will hold what i have, if they shake it too far
i will buy them back cheaper.

I am IN.

I thought for a minute about trying to trade some - maybe sell 20% of my holding and try to buy back in cheaper.

Then I though - why on Earth would I take that risk when I fully believe this will continue rising month on month?

Not worth the risk to attempt to trade in and out of this share.
As i've always said - this is a buy and hold.

This has the potential for a minimum of a 300-500% increase this year, therefore I will not be selling 1 share until that target is reached.

I'm squarely with Warren Buffet on this one.

Ravey - you can't have many left now?

mjr1234

noticed top thread with a new oil Chart !

Did a see it somewhere before?