< "> edit 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

Hmm, lots of games, pullbacks to 50% even in last 10 days, this has a way to go, can see 70p, then pull back to 50p, forward to 100p then pullback to 70p, thats the way it will be all the way to 200p

ellio... i completely agree with the gist of wot ur saying here... i believe the recent rise has happened due to oil price again... but as the oil price drops, then so to will affers... UNLESS they have value-adding announcements... that is where it is tough for someone to trade afr... u can try to sell some for quick profit or go short when u think its sp is a tad high, but they do have some expected newsflow to come... when that will be is the key question...

sojitz deals - at least one is expected this summer...
la noumbi drill...
nigeria master gas plan - dishing out tenements...
ebok appraisals in a couple of mths...
ebok updates for remainder of 2009...

Sit back and enjoy the ride, it will be rollercoaster though, trading is not an option though as intraday swings are big and you will no doubt get caught on the wrong side again and again, set entry points and stick to them. 50P will still be an entry point after we hit 60p with this one, but if it goes 70p, then maybe 50p will be gone.

HUGE!!!!!!!! 6.3 million buy just gone through. WOW!

BREAKOUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Kieth are you still around,if so did you buy in on the lows? This is gonna make me rich!!

Hello blanche nice to see you leading the charge
Yes am still in i have never been fully out since i started buying them over 3 years although i do try and sell a few and bank a little profit and hopefully buy back cheaper, sometimes it works and sometimes it goes wrong
This will make us all rich blanche
Been taking it easy today soaking up a few rays, hopefully a good day for us tomorrow
Take care

oil dips below $69

well the bid did come for slv --see my posting on here on 24th june-no-190--worth 105p in share terms!--the shares are @80p level having been as high as 88p and still worth buying even now!--could be a counter offer i am told --afr have also done very well--still hang on in there--more to come!--good luck to you all.

Nice rising trend here....!.

Yep bye bye 60p

Something for you to read over the weekend blanche, i will have to try and raise some funds soon, can't have too many of these lol
Look at the profit forecasts for 2010

Midas update: Profit predictions make Afren worth a fresh look
Midas recommended Afren in January 2007, when the shares were 56p. They have had a rollercoaster ride since then, surging as high as 116p last summer and falling to just 13p earlier this year.
The company focuses on oil and gas exploration in Africa. It differs from many other foreign businesses in the region because it partners with indigenous African companies and state-owned enterprises, so that relationships with local governments tend to be harmonious.
Last week, Afren updated investors about one of its largest operations, a site in Nigeria called Ebok.
This will start producing oil next year and should be generating up to 35,000 barrels a day by the end of 2010, doubling the company's current production.
Analysts forecast a massive turnaround in its fortunes, with profits before tax of $108 million (65 million) in 2009, rising to $457 million next year.
Midas verdict: Afren shares are 59p, so Midas investors who have held them for the past twoanda-half years may feel slightly aggrieved. Those who took Midas's advice and sold stock when the price hit 92p last September will have done better, but clearly, the shares have been buffeted along with the oil price.
Looking ahead, however, the company's prospects are good and brokers believe that the stock should rise to at least 80p. Investors who bought in 2007 should sit tight. New investors should consider buying at current levels.

http://www.dailymail.co.uk/money/article-1197526/MIDAS-Joanne-Hart-Water-tap-cash-soon.html

Kieth i think alot of these broker recommendations are to conservative. I think this is going to be over a pound by christmas maybe 1.20 ish. After all we made to 1.80 last year, I know the oil price was twice what it is now, But look at all the news since then, and the fact will will be pumping shed loads of oil out of the ground early next year. My long term target is 3.50.
I would free up as much funds as as you can and plough it in here. As yazoo once said The only way is up! Cheers and good luck.

blanche Yazz sang that, where is she now?

http://www.yazzmusic.co.uk/

Whoops i stand corrected! Youre right

Well ? this is taking a real knock on the head...anybody that's been away for the last couple of weeks will not believe it when they look at the sp again !.

Going back down to 40p I guess in the next few days

LAGOS (AFP) - Militants in Nigeria's Niger Delta region said Wednesday they had blown up two key oil pipelines in the region operated by the Anglo-Dutch oil giant Shell (LSE: RDSB.L - news) and the Italian group Agip.

The Movement for the Emancipation of the Niger Delta (MEND) said in a statement it had blown up the lines in a pre-dawn attack in the Bayelsa state, in the Niger Delta, as part of their campaign to cripple the oil industry.

Might not go as far as 40p...the drop is certainly more than the drop in crude and might be coupled with the above news.