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

MJR1234 - 'my guesses of the sp next week are just a bit of fun to pass the time'

Welll i hope you make that caveat every time you do that. Coz otherwise your views would be worthless!

Ur response might be: people should make their own decisions

My reply: yes they should. But people should not be here to ramp. As that is what your in fact doing!!!"!

jameel,

You clearly don't know what "ramping" means. Talking positively about a stock is not "ramping", neither is making predictions. Go and look it up.

Cellby,

If you hold AFR then you should buy EEL to increase your chances in that area.

2. share ramping (100%)
The process of influencing the share price of a company and then taking advantage of it, for example by buying shares in a company when they are at a low price and then starting a rumour that the company is being taken over. When the share price ...
(From A Dictionary of the Internet in Computing)

MJR1234...... surprising that you make no comment on why your ' guesses of the sp next week are just a bit of fun to pass the time'

Why would one do that? MJR1234!! I guess either:
1. u have nothing better to do; and/or
2 ur desperate for the odd 0.5% increase and/or
3. possibly ones not all there! and ur pleadiung insanity as a defence?

Which one is it? If its 3, then we recommend the hospital for treatment. If its 1 then we suggest get a life and if its 2, you ought to be banned from this site.

:-)! Hey no hard feelings!

Thanks aldwickk. No made-up rumours or lies on here, just facts and maybe a bit speculation/guesswork based on those facts. But there is never any attempt to mislead, or try and persuade people to buy in and move the share price (even if that were possible on this stock). As i've stated many times, I'm in this for the long-term gains - an investment, this is not a short-term in-and-out stock, and as I always state, and have made clear in the header - every investor should DO THEIR OWN RESEARCH before dealing in any stock.

mjr1234
Well you have persuaded me mjr I might get some of these next week.

thanks aldwickk haVe been in and out of eel couple of times.got a bit spooked by the locals playing with pipe lines,but do think eel are a sound co and would like to get back in around 350.are you in ser,they are Very slow but spreads a lot better these days,think they haVe done most of hard work pulling their comany out of the hole from blowout and flood.where are the next 10 baggers hiding these days.

Ten bagger ?

Ten bagger ? HIF @10p ..with nearly every major house having been forced by disclosure rules to declare thier 3%+ plus interest and a plethora of houses with principal positions there is too much clever money or rather. clever players money backing this for it to fail .......mais qui sait ? je suppose ? But thats the beauty of it all . Who does "REALLY " know ? .. . As for SER i suspect there are an army of holders in the 1.000.000 + bracket @ 0.027p { 2,700 quid } and will sell on a on fractional movement . ..0,027p was SER 's nadir yet many who bought at that level are already selling. Without wishing to sound aloof , i suppose dor some the idea of 2700 profit is to much to ignore. But with 0.5 ish appearing as the support level they realise they sold too early . This is one for the future ,,,,an acorn ...A long term lnvestors share . Not one for a traders or anyone in the lookout for quick money . Sheeeet !! Looking through SER s acreage value in "Alexanders" and its not that far short of current m/c . Not so long ago EEN were a burnt out penny share with little interest and a farcical spread . Now after a share consolidation, robust management and some good strikes they are soaring ...Perhaps this should be the best route for SER ....A 100~1 ratio giving it a s/p of 27p would give this paint dryer a bit of volatility and exposure ...@+ J ...Bonne chance mes amies. Bon nuit de Dubai

Why good luck only to your female friends TFC? What have the lads done to warrant being left out?

Blah, Blah Blah French Connection (aka Bluedolphine/Katcenka etc), what a load of rambling rubbish, but that's not untypical for you.

Anyway, back to SER, I'm feeling very positive for next week. Looking at the wedge formation on the chart, with decreasing highs, level/slightly increasing lows, and decreasing volume, it's make your mind up time for the price next week. As I said in my earlier post, I expect it to move significantly one way or the other as it breaks out of this formation.

Now, given the fact that there has been consistent net buying over the last 3 weeks, with the majority of sells coming from HOODS gullibles, and combined with the positive fundamentals and imminent news, which we all know will be good (those of use who have done their research, asked the right questions and read between the lines), I know which dirction my money is on.

No doubt the pointless de-rampers who hang around this thread like a bad smell (potatohead/TheFrench/Katcenka etc - probably all the same pointless individual), will state the complete opposite (albeit with the usual lack of facts or figures to back them up).

Anyway as they say the proof is in the pudding, so lets just wait and see what happens..

mjr
I thought the The French was very positive and he does know his oils I use to have een and it has done well if he thinks this is a long termer then I would agree with that.
Check out my new thread GTL and be the first visitor.

Cellby - holding ser, sey (sold), fto, pvr, hnr (sold). Any reason why you don't hold CHP?

mjr ...Are we not singing from the same song sheet here ...?? As it happens i have held a chunk of SER since the last placement and was saying as a long term hold they are attractive and suggesting perhaps a share consolidation of perhaps 100 ~ 1 would bring with it the same benefits it brought EEN .. As you remarked yourself 99% of investors ignore shares @ the sub 1p level ( Usually with good reason. ) But this story is a little different. One half decent strike and the market will reward it greatly . .......An s/p of 49p would bring more exposure, volatility and liquidity than one of 0.49 ...Perhaps 100bpoe p/d is derisory but with refineries paying on average $62 p/b it at least has the cash generation to keep ticking over ...and hopefully the same luck that looked down on Cairn , DNX ,BUR, JKX,EEL,AFR will shine on SER ...So mrj whose rattled your cage you irrational illogical cretin ? . A deramper ..? oh give me a break you prol and read what i stated in my mail~ rather than what you THINK i have written ..Also if your judgement on character is as good as your perception reg. shares dont ever give up the day job . OK ? Lastly , .l am NOT Bluedolphine , potatohead NOR Katcenka . l am not that sad as to have the need to play silly games ; but in allowing myself to be drawn into debating such crap with you makes me wonder what type of devious minds constitute this board ... You have three weeks to achieve 0.75/ 1..375 . ....@+ J

or ill send aldwick around !

Am here already.

TheFrench,

LOL. I have an IP tracker in the thread header which lists the IP's of visitors to this thread, so I can see who you are and who your aliases are - so give up the act. You're now squelched anyway, along with your other aliases so don't bother replying to me.

Will the long awaited news arrive this week?
MT

Mickey Take
Was that a Mickey Take or is ser waiting for news.