This oil company floated (with a main market listing) in December. Its main production is in Turkmenistan -- it has its own fleet of tankers operating in the Caspian, and on the Volga and Don rivers -- it has profitable production interests in Congo-Brazzaville -- it has been granted an exploration license in Egypt -- it is debt free.

On a p/e of about 14 for 2003, it is not as cheap as it was but I like it as a growth story (particularly if it can bring its gas reserves in the Turkmen Nebit Dag field to market), and a play on continued strong oil prices.

http://www.burren.co.uk

Aimtrader

Seems to be a total silence about BUR. Is everyone in shock ~? or just holding their breathe ?
666 today. Is it worth going in at this price? is there still an upside?

Did quite well earlier in year but lack of recent news lessens my ardour.

what say you?

CrispyD

A strong finish today pulled back some of yesterday's losses. For what it's worth, I think we'll mark time for a few days before climbing again towards the interim results which, I predict, will be spectacular.

Flying again today. Easily cleared 7. Added to long position via sbet.

Still flying - up another 20p today so far. Profits forecast upgrade by one broker (sorry - name escapes me) estimates EPS at 95p for 2005. Therefore still on a PE of just 7.5. These still have a long way to go. Next stop 8. Anyone else out there still enjoying the ride?

Pond Life
Very much enjoying the ride! See no reason to sell anything for some time. My only regret is that I hadn't got more in!

Pond life closed at 750p today ,,i see you predicted 800p 3 weeks ago , i think that's coming soon,,jumped back in on these a few pence ago.Cheers JB .

Anyone still in Burren since the recent drop from 11 ,(i am ) all oilers look to be languishing at the moment ,,anyone still holding ,,and any view ???

Looks like no one is took a bit of a battering today ,but would expect it to bounce shortly.

I'm still here and nursing the best part of a 175 point drop since we hit 1100. Not nice, but I've held on because whenever I've sold BUR before it has bit me on the backside and I've paid more to buy back my position. This is still a quality company and the story hasn't changed. This drop is just down to sector rotation and a falling oil price ('collapsed' to $60 - the end of the oil world is nigh - errr... not)
With record results to be announced next month these should climb back before too long, but possibly not before I have had to change my underwear.

Cheers Pond Life ,i'm holding because like you i have sold and its gone straight back up .Are results on April 4th or have i got that wrong ? ...
PS you should change your underwear before they bounce back anyway.

There we go pushing back through 10 , now can we hold it this time .

We're back through the 1000 barrier. Onwards and upwards. I reckon we'll be back to 1100 by results and then its on to new highs. I opened a new sbet position almost at the bottom of the dip, so I'm doubly enjoying the ride back up.
Glad you held on Jimmy?

Im not going anywhere Pond Life , like you say,, first stop 11 and then its onwards to new highs ..

Haven't posted for many months, but am still in and looking forward to results.

Still moving up. We have had 8 straight days of rises. What a nice bounce!

When are the results?

30th March

excellent results are out on thursday and with the share price having dropped from a high of 1096 in january to 1033 today I'd say this could be a bargain share. buy today and sell on friday for a decent profit.

Or not sell on Friday for an even bigger profit .

LOL. The BUR story hasn't stopped just yet. Thursday is just another milestone. Given the market reaction to the DNX results today, we can look forward to a bright day on Thursday. I reckon BUR will reveal EPS of 110p give or take. With Dana now on an historic PE of 13.6, this would equate to a price for BUR of somewhere north of 14. We should all be so lucky!