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

900k sell at .45p - what a loser.

nice rise back to .5 on bid,keeps recoVering from .45 these days.

Nice rise up to now any news
keith

Another nice 1M buy.

I think it's safe to say with todays buy/sell ratio, THE BULLS ARE BACK IN TOWN.

Ain't their a song from years back about that one:

THE BULLS ARE BACK...THE BULLS ARE BACK...THE BULLS ARE BACK IN TOWWWWWWWWWWWN. lol

In the thread header, dated 11 Nov 2005 I stated "In 6 months time I expect this to be worth 3-5 times the current price." Price then was 0.275p mid.

So this has just over a month (5 weeks from tomorrow) to get to 0.825p-1.375p.

Still possible? Yes, I think it is..

I think it's more than possible mjr a fair value at the moment would be 1-1.5p. Good rise today 13%
keith

1.8M buys , 3.2M sells, and a 2x500k rollover.

MJ - Other way round, 3.2m buys v's 1.8m sells...... I think a 30 for 1 share swap would put SER on the map for many!!

explosive - what trades screen are you looking at?

1.8M buys v 3.2M sells today.

Was looking at Sterling Energy

I checked my portfolio on FT after work today. For about 10 minutes it was saying that SER shares had slumped to 0.01p a share. I absolutley sh*t myself! Luckily it was just a glitch. Heard any thing from your friend on the inside lately mjr?

Which one?
Yes, lots, but nothing I'm prepared to post on here. Just read between the lines.

The moment has arrived.. The Parabolic SAR has gone +ve again!!

free stock charts from ADVFN.COM

Nice finish to the week. Looking good for take-off next week I think.

Been here before MJ, news, trading statement and '05s figures added to SEOs out of date web-site is needed....

This is SER not SEO or SEY.

explosive - sounds like you don't even know which share you're in? Do us all a favour and sell, so us serious investors can pick up a few more cheap shares before blast off?

Parabolic SARs are new to me mjr. I can see various dotted lines and tiny green and red arrowheads but I'm afraid I can't make H nor T of their message.
The reliability of this message - previously referred to - arouses my interest.
Could you take time out to explain the 'system' please, in fairly easy to understand terms!
Thanks.

SAR stands for "Stop and Return". I don't know the exact mathematics of it, but what it does is give a very clear buy/sell signal - the green arrow is "buy" the red arrow is "sell", then the line of blue dots forms a kind of tracking stop-loss which follows the new trend. The good thing about it for me is it is very clear and reliable, as you can see from the chart above.