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

Large volume today, is there news around?
2517

hello George
I don't know but something maybe coming plenty of buy's today

Only news today is in respect of TEG Canada and new shares being issued.

Don't mean to moan here guys but lets keep this thread on topic please. If you want to discuss thread ethics then open a new thread.

Thought you might like to know......I got an email from Gary D at Sefton the other day. Basically he says that the Hardman Report is expected mid May with the end of year results coming out by the end of May. The up turn in dealings and price could have something to do with this report being just around the corner.

Production has declined slightly but they expected that. It should pick up again once the steaming programme begins.

Gary also told me that Sefton will be adding a calendar to their website listing all the release dates for reports, results and alike.

Hang on to your shares guys n' gals. I've got a feeling things are about to get interesting!!! I can see a nice sharp rise coming. The price of oil can't be doing any harm either!

Lets not forget though. While a high oil price does wonders for Sefton and your shares, it also puts a bigger dent in your pocket when you fill your car up!

Swings and roundabouts people, swings and roundabouts!

the business gaVe these a mention oVer weekend,saying they could be worth a look,along with regal,mrp .nice to haVe a positiVe write up,hoping for more rise this week.

cellby - "the business"?? Is that the name of the source that mentioned these?

explosiVe look at todays traders thread,it giVes what the papers say oVer weekend,the business is one comes out on saturday . i buy it sometimes but not this week worth a read.

Rhino - MRJ started this thread and has been a major contributor to it, continually adding more positive comments.

And then he accused another poster - who disagreed with some of his conclusions - of having multiple aliases, but at the same time also admitted to having some sort of tracker device keeping details of other contributor's IP addresses. He was asked, perfectly reasonably IMO, to explain his reasons for this and has yet to respond.

In my view these facts are perfectly 'on topic' and are entirely relevant to the thread.

Hi Cellby, thanks for the post, unfortunatly my subscription doesn't include the traders thread. Good reason for me to upgrade though.

Rhino - I can't see that thread ethics are being discussed here, everyone is entitled to defend themselves should a personal alligation be made as TFC has done. If your refering specificaly to a post maybe one of mine then obviously I'm missing something!!

EB try digital look
They have free trades and live prices
Helli

I'm not having a pop at anyone! I just think we're going down a rabbit hole with the whole tracker thing. I agree that he shouldn't of done it and I'm not trying to defend what he did. I just don't want to see a decent thread about a promising company turned into a pantomime.

I shall say no more on the tracker subject. I apologise if anyone thought I was having a moan about them in particular.

rhino

Decent thread and well informed posters agree, pity the companies cr*p at issuing information.
MT

Bonsoir mes potes ...Mores the pity that MRJ has not re-appeared to apologise for his libelous remarks ..Has he been banned ? or more appropriately simply warned that his comments are both erroneous and often very misleading; and thus inappropriate to the thread . ...l seem to remember another poster similar to him called PM1 whose modus operandi was exactly the same but reg SEO ......( i) lnitially bolster & ramp the share in question . ( ii ) Berate and insult those who disagreed with his own analysis which often culminating in his burying his head in the sand and childishly "squelching " them ( iii) when questioned about specifics he always ignores them , changes the subject and prattles on about an irrelavent matter often resulting in his sudden disappearance .....Only to re-appear another name, l submit . . ....ln my opinion multiple alias should be disallowed. lt invites the very duplicity which should be driven from this board .THIS is NOT ADVFN !!!..........Furthermore if he cant learn to listen to others point of view he should not be contributing to such a forum . And never forget theres always someone cleverer than yourself out there !! .......As for SER : Trading has been quite intense of late and one wonders if the massive overhang @ 0.25p has been erradicated or at least diluted . . For only then will this be factorised into the share price .... But at least we are heading in the right direction ! .0.5 seems to be where the bridgehead of support lies . Hopefully acting as a springboard to fivefold the current s/p . SER is not a mere EXPO as its current value implies but rather a small expo/ producer with sufficient monies from current operations to finance and enhance both current and planned projects ......Mickey. You are so right when you state the company and its so called PR people seem very reluctant to keep shareholders informed . Bonne chance /..,,a'bientot .....@+ J,,, ,,,,

Amities / Salut mes amis ...Perhaps DRIVER should reiterate his posting as regarding "ramping " and the "pumping and dumping " procedure for the benefit of THIS board. lt was an excellent post and looking at some of the awful speculative investments bought recently by newbies cannot be said to often without being of benefit to an army of green inexpierienced speculators !! . !!!! Over to you Driver ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,@+ J

GOING UP AGAIN......... HOPEFULLY WILL CONTINUE........IF THERES SOME NEWS!!!

and back down we tick...............

I visit this thread every day, more than once, and I am very intrigued how most of you seem to get great encouragement from movements in the share price. Encouragement from what might come to pass in the fairly near future, I can understand. Derampers get massacred the moment they post and it seems as if nobody wants to face a realistic, or even, the worst scenario.

I'm only a very small PI but I get a kick out of my holding going up 50 for a tick-up of one-hundredth of a penny in the SP (I don't need to mention the downside of course!). You will get bigger kicks, I'm sure.

The only price I'm interested in is the bid (as I'm not looking to add) and the closing bid over the last few days has been 43, 47, 50, 48, 47, 47, 45, 43, 40. I'm making no comment about the absurd wild swings in the size of the spread, as that makes matters worse. This adds up, to me, to a colossal disappointment - which is why I can't really appreciate the very positive stance that most of you take. I know it's a comfort, but even so. For the first time in several months I am now showing a small loss.

For obvious reasons I want you all to be right but it's taking its time in coming!

There is something a bit funny about this one. I mentioned a while ago that I could not find the production graph I used to find on their website. MJR came straight back and said it was there, I looked again and couldn't find it. This made me more cautious on the stock. Its probably my weak computer skills but I'll not be happy with this one again until I see the production graph again. Any one seen it?

Confidant

Here they are:

http://www.seftonresources.com/news/current_activities/current_activities.asp

thank you -- I think they made it smaller and at my age the old eyes and all that