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What's happeneing with Sibir??? (SBE)     

gildph - 27 Aug 2004 10:31

Has anyone please got any info on this one? It was supposed to start trading again in July and then August - almost end of August and nothing!

Sunray41 - 26 Jul 2005 20:51 - 86 of 229

Thanks for pointer.
Never seen an RNS like Camerons before, must have led a sheltered life.The real question remains . How did it happen and what is probability of restitution ?
Meanwhile SBE keep pumping the oil and dont ignore the current account would be my plea.

mbugger - 27 Jul 2005 18:41 - 87 of 229

Wait for court case in Sept.2005.

BANKONE - 29 Aug 2005 19:29 - 88 of 229

No followers on this site - been in SBE since 7p - (consolidation apart not doing so bad. Nice mover over the last week more to come ANTON has it as a buy at 2.78 + 10%. Therefore a 3.15p a share target without news from the Theft of asset and the connection to Mr A. The BVI result is awaited but they may take months but the Harley street Class Action failed. I don't believe the SP rise was due to that, I believe Flow raes are imminently due to be announced and together with the $70 dollar Barrell this share is going to motor and quickly. This is a gusher and a half providing the Russkies don't tax its boll**ks off. Good luck to anyoneeeeeeeeeeeee outtttttttttttttt thereeeeeeeeeeeeee stilllllllllllllllllllllll holdingggggggggggg. Hello ---- Hello. DYOR

BANKONE - 30 Aug 2005 21:30 - 89 of 229

WHAT AN EXCELLENT RNS - but it would appear to be wasted on thios B&B No takers - No one is listening. This share is going to go ballistic tomorrow, ALL the M and B and X and R buys that have gone through recently, The MMs can't get enough of this share. Its gonna explode and rightly so a long time waiting but here she goes.

Sunray41 - 30 Aug 2005 22:22 - 90 of 229

Not wasted B1
This long term holder is watching a unique story unfold
We are back to the pre-MrChelsea position

BANKONE - 30 Aug 2005 22:50 - 91 of 229

Hello Sunray Lot of talk on this share on other B&B as you probably know with talk of an exceptional rise tommorrow and the MMs trying to get them on the cheap prior to a court result or an out of court result from Mr A. Tipping them to rise another 15/25/50p some are talking 4pounds. This is not a ramp. I bought SBE a long time ago as a pension fund not a lot of shares but 10,000 shares and I will not be selling this share until 2009 come what may. I believe as I'm sure all long term investors in this one believes that its a special little gem with all solid foundations in place. Any company worth its metal is always open to business fraud and like everyone says when it happens I never thought it would happen to me. You don't get a knighthood in commerce if your crap. Sir Henry knows his way around the legal entities also and knows exactly where he stands with them. He knows and believes in the restoration of Sibirs asset to its rightful owner *****SIBIR*****
The building blocks are there, the infrastructure is there, the product is there, the pipeline is there, the flow rates are there, the demand is there, the price is exceptional and tipped to reach $100 plus a barrell, and best of all Sunray41 you and I are here too. Good luck and stay with it as long as you can. Cheers heres to tomorrow.

BANKONE - 31 Aug 2005 20:14 - 92 of 229

Another day another dollar, in fact 19p. Press releases are suggesting that SBE lawyers will get something back for their stolen asset when it eventually hits the court process. Perhaps Mr A is capitulating under pressure from Mr P as bad publicity is all the 'K ' wants at this time. China is a fast growing GDP area which requires a lot of oil as it does not have any reserves whatsoever. Russia is ideally placed to supply it what it requires at a price and that includes a benefit to shareholders. Profit takers in to day when it reached its high of 3.37p that will pail into insignificance once the flow rates are announced and the asset returned. FTSE 100 here we come.

lansdownboy - 01 Sep 2005 08:17 - 93 of 229

Will try and get update from Colleagues in the Field in Siberia with regards Project updates. Like BANKONE ,we have been sitting on this baby for a long time. Can't believe no one else is getting in. You only have to read SIBIR report coming back into the market of what its true worth is.

BANKONE - 01 Sep 2005 17:49 - 94 of 229

Sir Henry is as cute and canny as a cart load of monkeys - what a way to get the K on their side as well as Mr P. Honourable thing to do at a time when come sept 20th he will want as many honourable people as possible in his corner against Mr A.
This sweetener of 16m (24mUS$) properly incurred debt has been settled. This will enable this company to move progressively forward honourably and prove that SIBIR is legit, does not take its liabilities lightly and rather than tax avoidance, multi company wrangling and downright theft like Mr A, Sir Henry stands head and shoulders above them all. Might not inform the PI regularly but if I knew I had got something good I would let the product/company do the talking and right now SIBIR is 2p down after shelling out 24mUS$ coupled with some profit takers is not a bad result for today. Its like my old dad told me, god rest his soul, if your earning the big bucks you can afford the stoppages. If only I were????? but never mind hopefully SIBIR will help me put my feet up in retirement. Good luck to all SBE holders, I think tomorrow will show a slight profit as Friday is renowned for its profit taking. I'm long term in this so I have no need to ramp it as I believe in this share and have done for some considerable time. I believe there is 15pound in this share and FTSE 100 material to come - Not yet 2007 maybe but I'll still be in it, might have taken my original stake out but I'll remain.

Sunray41 - 01 Sep 2005 22:38 - 95 of 229






Sunray41 - 06 Sep 2005 16:54 - 96 of 229

Another good day against the "powers of darkness"
SBE senior mgt are certainly directing a good campaign
Don't know where this will get to B1, but like you I am sticking with it.

mbugger - 06 Sep 2005 17:11 - 97 of 229

Any news of BVI court case due to start on sept. 1 s what i understand,B1 or SUNR.

Sunray41 - 07 Sep 2005 10:38 - 98 of 229

Cannot find any news, I guess we all keep watching

BANKONE - 07 Sep 2005 18:45 - 99 of 229

I think it is tommorrow or Friday that the class action plaintiffs ( Now ruled out of court) have to be identified on the order of the trial judge, this should be an interesting revelation, if Class law identify its plaintiff - if they don't I suppose a massive fine is imposed if is the case that Mr A or some other of his cronie that can be linked to him. If Class Law stay stum the fine will be paid by you know who.
The three day BVI case on or about the 20th will possibly just be a direction hearing and applications by defence and prosecution for my time etc, stringing the case along unless Mr A wants to fold his hand. Compex fraud cases which this one will be may take years to sort out and I'm sure you don't need informing of this - however the results are due 30th of this month and they are nigh on guaranteed to be exceptional with other good news relating to the pipeline and the refineryies couples with drilling news on the well they are currently running. Good month ahead - I don't believe this share has peaked yet there is still plenty of upside according to ANTONS review which values the share at $6.78 approx 3.66 as of todays standing with good news along the way 4.50 should not be a problem. Buys outweighing sells 3 to 1 and plenty of M,B X VW and T buyers some of which have been at a premium to the buy prices. Good luck to all sibir holders.

Sunray41 - 07 Sep 2005 21:50 - 100 of 229

Agree with your assessment B1
Anything which comes out of the Court could take years to conclude - meanwhile the real business looks to be on lift-off.
The essential thing for their business team is to remember they have a real business to run and let the legal team deal with the other "affair"
which has all the looks of a novel or a film script.
Friday could be an interesting day and maybe an expensive one.
Good luck - keep watching

BANKONE - 09 Sep 2005 19:03 - 101 of 229

Nice 4.5p rise with no news coming out. Maybe over the weekend some release will be made. Get ready for the T10's and the T20 trades coming in on the back of the anticipated exceptional results, which they will be - might not be into profit yet, but will make substantial inroads into that loss. Coupled with the investment program and the update on transportation followed by increased flow rates makes this share a potential 5/6 pound share by the new year in three months 2005/06.
I've been in this one since the early sibir days, not as long as some - but now all our patience IS being REWARDED - Good luck to everyone in this be advised though DYOR (The volume charts on this look positive - The buying of the share is positive - The fundamentals on this company from Oil rig - the product - the volume of recovered oil - to refinery - to transportation - to the service stations - to the price at the service stations that they own and operate - the Management - the relationship with the authorities - the investment in them bu Royal Dutch Shell - the rumour of the takeover by BP - The upward movement of the share - the buying in exceptional volumes by M, B, X and better still the O trades (us the private investor) show a positive, professional company which has only one way to go upwards with or without what rightfully belongs to Sibir.

mbugger - 11 Sep 2005 20:02 - 102 of 229

In after consolidation at equiv. sp 20.3p,actually203,but now appears to be about to motor,think consoldn.was10/1,right on B1.

Sunray41 - 12 Sep 2005 20:24 - 103 of 229

Interesting little High Court diversion today. I was always told "dont mess with the Senior Courts " --- perhaps it needs translating into Russian.
As long as it does not divert Cameron and his team from the principle task of extracting oil I am happy to hold my hand.

BANKONE - 12 Sep 2005 23:10 - 104 of 229

Sunray41.
That decision today was so predictable, as is the appeal result. Complete bogus and time wasting distraction. The appeal Court Judges will still thro out the Appeal - but what will happen - Hazzard a guess - Nothing. The fine will be paid but NO ONE will be identified. Why should they ID their backer. The fine will still be the same and it will be paid and the company is still what it is, in damn fine fettle. MM's can adjust the price to reflect this but they can't hold the price back too long 4:1 buys to sells - someone mopped up the sells easily. Indication strong buying opportunity lets the big boys in again and frightens the PI. They are not having mine, never. This share has an exceptional future.

Sunray41 - 12 Sep 2005 23:32 - 105 of 229

Agree B1 but it would be nice to see this disgracefull event exposed.
You are right , they wont squeall on their backer
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