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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/

graph.php?movingAverageString=%2C50%2C20

weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

seawallwalker - 28 Oct 2004 14:58 - 1194 of 7811

Makes good reading don't it?

Had seen it before, I thought here.

The 25-30p bit is what I like to see, that is why the price is up where it is currently.

That is also why pundits are saying buy at sub 20p while you can.

seawallwalker - 28 Oct 2004 14:58 - 1195 of 7811

What, the halfpenny a time bit??

mickeyskint - 28 Oct 2004 14:59 - 1196 of 7811

Sorry if I've duplicated.

MS

seawallwalker - 28 Oct 2004 15:05 - 1197 of 7811

What, the halfpenny a time bit??

moneyplus - 28 Oct 2004 15:12 - 1198 of 7811

My word you all talk a lot I.ve hardly got time to read the other threads!! I notice you've all lost your appetite with all the excitement. I could only stretch to 5000 so I would like the opportunity to add before they shoot up. Very happy so far in fact thinking of dumping PXC to add here.

seawallwalker - 28 Oct 2004 15:14 - 1199 of 7811

What, the halfpenny a time bit??

seawallwalker - 28 Oct 2004 15:16 - 1200 of 7811

LOL.

Sorry.

It's good to talk.

S**t that was BT.

Getting our appetites back today it seems.

mickey got his last night!

mickeyskint - 28 Oct 2004 15:26 - 1201 of 7811

A hour and it's all over for the day so here we go.

Tonights menu:- Cumberland sausages with fried onions mashed swede mashed spuds and peas. I'm salavating already. The dog can have the bone back proper grub for me from now on.

MS

The Other Kevin - 28 Oct 2004 15:41 - 1202 of 7811

Pumpkin and parsnip gratin for tomorrow night. Beans on toast tonight as we are both out.

seawallwalker - 28 Oct 2004 15:49 - 1203 of 7811

Who gets the beans on toast?

mickeyskint's dog?

I am being lazy today.

I bought a ready made steak pie from tesco earlier, which I am serving with mash made out of steamed King Edwards, (remember the sack I bought for 5?), swede, carrots and green beans.

I have a fine bottle of New World Chardonnay that I have to drink before it goes off.

That's the trouble with white wine, it has a short shelf life of around 2 to 5 years.

After that it is sold to chippy's to put into the vinny bottles.

Threshers are doing buy 2 bottles of Gallo turning leaf chardonnay for 10, plus nectar pints.

Well I bought 2 and have drunk one already today, so I may as well do the second before the wife gets in.

Don't want that going off...........

Women just do not understand!

She always moans about what I do while she is out at work, can't think why!

gavdfc - 28 Oct 2004 15:59 - 1204 of 7811

Been out for a while. Yep it is good to talk, we're a friendly bunch on here. Sounds like you had a good night last night Mickey. No doubt sirloin is better than a bone! Tea for me tonight is a chippy, can't be bothered cooking! The dilema there is what to have!

Agree with SWW about the small caps. IMO is easier here to make money than on the blue chips, far better growth prospects on small caps, especially with SEY! :-))) According to Shares mag, SEY is on a projected PEG of 0.2, one of the lowest in the market. Can't see that sort of growth coming from a FTSE100 company.

From the Killik's note, I take it they are just assuming the placing price is around the 19p mark since that is where we roughly are just now. What was good reading from the note was the increase in turnover, from 20m up to 60m in 2006. Thats a nice rise! Plus we will be getting that sort of income from the duration of the field.

As for Gallo, tasty! Not had that in a while. The other problem with white wine is that it goes down far too quickly! Todays menu's all sound good, but me being a lazy bones will just have to do with a chippy!

I wonder why your wife moans at you SWW... ;-) Maybe she doesn't understand the stress you must be going through!

mickeyskint - 28 Oct 2004 16:03 - 1205 of 7811

White wine in my house has a shelf of 5 mins.
I've got a couple of things to do then I'll be joining you. I'll have a little heart starter first then a nice bottle of red. Have you tried wine from Laithwaites. Got to buy a case at a time but for the same as supermarket prices you won't better it. Give them a ring 08704448282

MS

seawallwalker - 28 Oct 2004 16:05 - 1206 of 7811

ms I will have a lookie......................

cheers!

gavdfc - 28 Oct 2004 16:05 - 1207 of 7811

Had a bottle of white last night, had a shelf life of exactly the time it took to chill it!

seawallwalker - 28 Oct 2004 16:09 - 1208 of 7811

Glad to see everythings back to normal here.

Food and now wine.

Great!

gavdfc - 28 Oct 2004 16:13 - 1209 of 7811

Thanks for the tip Mickey, has been added to my favourites list.

proptrade - 28 Oct 2004 16:18 - 1210 of 7811

evening all, out for a lovely lunch in W1...stuffed (mozzerala to start, sea bream with balsamic and spinich for mains and a double espresso).

great banter today, all feels like we are pushing in the right direction. the only thing i don't get is the placement level. i am surprised it is at 19p...do we have confirmation? if it is 19p these things will be 25p in no time

gavdfc - 28 Oct 2004 16:25 - 1211 of 7811

Think that the 19p placing is just speculation, perhaps fuelled by the Killik note and some press speculation. Would be good if it was that price though. Sounds like a good lunch you had Prop, better than my turkey sandwich.

mickeyskint - 28 Oct 2004 16:30 - 1212 of 7811

The boys on ADVFN think it will be 17p. For the instutions to get on board it must carry a substantial discount. Watch this space and all will be revealed.
The thing I like about this thread is that we can all drift in and out of making a serious comment without some one getting the hump. Not so on other threads or BB's

LOL

MS

gavdfc - 28 Oct 2004 16:43 - 1213 of 7811

I guess we will find out soon. Hope it's very soon as I want to get more of these but waiting to find out what the placing price will be. Was tempted to buy today but held off, may regret it but who knows.

I also remember that PCI did a recent placing of 72m shares at 13p to institutions to raise 9.4m. The RNS for this came out on 27/9, the sp that day opened at 14 and closed at 14.75. So there was also a discount there so I would assume that there would be one here.
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