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AFREN (AFR) Is this the next TULLOW??? (AFR)     

niceonecyril - 04 Apr 2009 08:30

< "> Chart.aspx?Provider=EODIntra&Code=AFR&Siedit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

Time Traveller - 28 Jan 2010 09:59 - 728 of 3666

They're spending money and committing to more expense with the agreement. More potential but nothing concrete and so investors hold back to do some additional research to find out if it was a good deal or not.

mitzy - 28 Jan 2010 11:47 - 729 of 3666

A fall of 4% is a worry.

Balerboy - 28 Jan 2010 13:21 - 730 of 3666

anyone going to top up if we get around 90p??

niceonecyril - 28 Jan 2010 14:19 - 731 of 3666

Some thougjt provoking,constructive posts on such excellent news this am?
cyril

kkeith2000 - 28 Jan 2010 14:24 - 732 of 3666

Webcast about to start at 2.30pm also presentation slides on afrens website

blanche - 28 Jan 2010 15:21 - 733 of 3666

Topped up with another 10,000 @ 93p on the way back.chirpa chirpa cheap cheap.
happy days. loads of news to come here all year. Over 2.00 by xmas. easy money.

hey kieth. Just gets better here!

dealerdear - 28 Jan 2010 16:06 - 734 of 3666

You wally! The MM's must have a field day with people like you around.

HARRYCAT - 28 Jan 2010 17:09 - 735 of 3666

Bit harsh, dd!!! Long term should be a reasonable return on investment?

niceonecyril - 28 Jan 2010 17:13 - 736 of 3666

Blanchr i thik you have a bargain,as to whether in this market correction its at bottom,who know's,but imo HC's right.
cyril

niceonecyril - 28 Jan 2010 17:13 - 737 of 3666

Blanchr i thik you have a bargain,as to whether in this market correction its at bottom,who know's,but imo HC's right.
cyril

required field - 28 Jan 2010 17:21 - 738 of 3666

Timing the bottom is impossible, but you can buy value for a longterm hold : this is a good one...I'm expecting at least 150p before the end of the year...we need a little bit of good news to turn ftse and sorts around.

dealerdear - 28 Jan 2010 17:45 - 739 of 3666

I wasn't criticising the buying of the share but rather more the attitude that supports it. Around 93p does indeed look as though it may be a place to buy but AFR will simply follow the market and if we are going to double-bottom then christ knows where this is going. What did it reach before, around 18p or so?

However, anyone who thinks that buying a stock is 'easy money' will surely get burnt to a cinder in this market. I seem to remember Marni having a similar view and unless he was banned from the site, no doubt he is now trying to find shelter in a field somewhere!

niceonecyril - 28 Jan 2010 19:14 - 740 of 3666

Warren Buffet buys when he feels the SP is at bargain levels.
Morgan Stanley has increased their holdings crossing the 3%(3.45%) threshold.
cyril

blanche - 29 Jan 2010 09:30 - 741 of 3666


This company is totally different company to when they went to 20p. The last price rise and fall was based around the oil price mostly and yes the markets.

Not many oil and gas companies with prospects over the next two years and beyond as good as afren. 100,000 bopd by end of 2012! 3.50 - 5.00 imho.

P.S My portfolio was up 93% last year. Burn`t bigtime.

required field - 29 Jan 2010 09:35 - 742 of 3666

I bought some Afren shares at 14p and for a moment they went lower than that...I think 11p for a brief moment...seems crazy now, seemed crazy then !......I don't think we shall have a drop back to another doubledip but pullbacks like this one were bound to come along.

blanche - 29 Jan 2010 09:45 - 743 of 3666

Rf gr8t buy at 14p. I think the lowest i paid was 22p. I hope you still hold those 14p shares. Long way to go here.

required field - 29 Jan 2010 09:56 - 744 of 3666

I've bought and sold along the way but I've always retained a very strong foothold in Afren.....staying put for the moment : to make me sell : there would have to another big, big bank crisis coming and I don't think there is one....

blanche - 29 Jan 2010 10:04 - 745 of 3666

Agreed no bank crisis, Steady year ahead. Sp,s only moving north on solid news. Of which Afren will have loads.

niceonecyril - 29 Jan 2010 10:12 - 746 of 3666

Yes i recall you as one of the few at those levels,as far as the present SP is concerned it looks a bargain? This is imo down ti th present market,on one of the threads i warned that news of a market cirrection was on the way.It just shows the power of rhose who can.
So hopefully we're nearing the bottom and things will steady,remebering soon to enter the FSTE250 and 15k bopd is not that far off
cyril

2517GEORGE - 29 Jan 2010 10:18 - 747 of 3666

I think it's premature to write off another banking crisis, but good luck with AFR.
2517
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