http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

If I knew the answer to that then I would be on the panel of Dragon's Den, not floundering around with paper losses at the moment.
I did sell all my stocks of DES, FOGL, & RKH in late May, so it is easy for me to now make guesses, but I am expecting a summer slump in stock prices generally.
As for selling, it just depends on your timescale. If you are happy to wait for prices to bounce back, then sit tight. My own opinion is that, after talking to an explosives engineer who works for a big Mid East based Co, Maggie went to war with the primary objective of securing a big oilfield. Oil, yes. How much? Unknown.

its britains last ace up its sleeve.....even gordon brown has sent a ship out there protecting the islands

apart from falklands we have not much to generate wealth anymore.

so u think it will go back to level where it started from...ie 50p

In my opinion the magnitude of the fall in both DES and RKH today is insane, in case of des it was on no real news and in case of rkh it was on the back of what exactly?

The fact that they seem to indicate drilling in 2009 rather than 2008? are people really that concerned about taking their profit in 2008? What a bunch of morons! Well it is pretty obvious that most ppl invested in these stocks have no experience of either investing or the oil industry.

here's a cracker from daniel stewart from last month about iec....predicting 1500p....and 1 month later, its less than 8 quid......never mind thats only about half the price from what useless daniel stewart says.....and they get paid for this woeful advice.....

Shares in Imperial Energy Corporation Plc. jumped higher midmorning after announcing its first new oil discovery at its Kiev Eganskoye field, while UBS raised its price target to 1,500 pence from 1,450 pence and repeated its 'buy' view in reaction.
At 10:42 a.m., shares in Imperial Energy were up 54 pence or 5.51 percent at 1,034, while the FTSE 250 index lost 111.7 points to 9,937.6.

Earlier on Monday, the company said it has discovered first new oil at its Kiev Eganskoye field, East of the OB River in the Tomsk region of the Russian Federation.
Imperial said it is in the process of batch drilling five wells on the Kiev Eganskoye field with three heavy duty rigs, including the company's recently purchased rig 502, and added 14 further wells are planned to be drilled on the field this year.

Commenting this morning, UBS said it thinks this is potentially the most significant discovery in Imperial's history and could be the tip of the iceberg as this result offers significant further potential.

Elsewhere, ABN Amro said it thinks the significance of thes news should not be underestimated and underlines the potential of Imperial's acreage following its successful rights issue.

Finally, Daniel Stewart repeated its 'buy' stance and 1,500 pence price target

Its the same DS that predicted the demise of Silverjet.... they were proved 100% right


Silverjet and Daniel Stewart Securities in credibility stand-off

Industry Sector
Airlines & Airports
Silverjet plc, the British airline offering a private jet experience at a fraction of the price, has rubbished a research note published today by Daniel Stewart Securities.

Silverjet said the note, which set a target share price for Silverjet of zero, contains numerous material mistakes and inaccuracies.

Silverjet added that the Directors remain confident that the Company will achieve its first month of profit before tax in the current financial year ending 31 March 2008. Cash flow will be broadly neutral over the remainder of its current financial year ending 31 March 2008 and the business is expected to be cash generative thereafter.

It would appear that credibility is now just as much at stake as investors money. Daniel Stewart has predicted oblivion for Silverjet, while Silverjet has promised profitability and cash flows. Only time will tell....

Monday, January 14, 2008

http://www.smallcapnews.co.uk/article/Silverjet_and_Daniel_Stewart_Securities_in_credibi/4300.aspx


and

Yesterday's trading: Silverjet in for crash-landing
Geoff Foster, Daily Mail
15 January 2008, 7:50am

Storm clouds hovered above Luton-based business class only airline Silverjet as its shares nosedived 14p to 35p after Daniel Stewart said sell and put a zero price target on the stock.

It believes the group's business model will never work and the company will eventually run out of cash. It raised 12m in a placing at 60p in November. The broker forecasts a pretax loss of 31m for the year to end-March 2008 and a 27m deficit for 2009.
Silverjet's claim that it only needs to sell a certain number of seats to break-even was rubbished by Daniel Stewart which said that its figures do not account for additional costs, such as advertising, administration and depreciation.

These could be quite substantial and with jet fuel prices up around 16% and 'dire' current traffic levels, all airlines are having a rough time. An angry Silverjet fought back last night and said that Daniel Stewart's note contained numerous material mistakes and inaccuracies.

Directors led by chief executive Lawrence Hunt said that Silverjet will achieve its first month of profit before tax in the current year and continues to trade strongly with 5,000 bookings made last week. They say the airline is in a strong financial position having just raised 22m (at 60p).

Rival Maxjet's bankruptcy on Christmas Eve, one of the busiest travel days of the year, was blamed on rising fuel and operating costs, competitive pressures, a decline in consumer spending and the delayed delivery of two Boeing 767-200s.

Broker Arden says that with Maxjet gone, Silverjet is now the cheapest business class service to New York. Meanwhile, investors should remember that the Rueben brothers' stake in the company should rise to 22% on conversion of a loan on February 11.

http://www.thisismoney.co.uk/investing-and-markets/tips-and-tactics/article.html?in_article_id=429395&in_page_id=23



and time did tell.. it went bust in May.... DS were spot on !!

where the hell did u come from.....are u some advfn twat....someone that wants to slag off companies and hate seeing a company trying to do well....typical of uk peoiple!!

well i suppose daniel stewart have to get 1 right at some point!!!

dont even like tim heeley name....sounds like a thick paddy b?????......he says "at end of day, u have to drill well if u going to get oil".....wow....is that how it happens, jes thanks tim nice but dim

check out daniel stewart sp....its in tatters....i wonder why? shit analysts thats why and little business....if any!

I've touched a raw nerve... which is nice !!

scotinvest, you have knack of picking dogs - did you acquire that skill or were you just gifted with it ?

hurry up and die fusebox

its just a punt for me as its for 2009.....i hold to see what happens....take u r a sad shorter...do u do anything constructive ever in life...doubt it

keep posting drivel every 2 minutes.
dont sleep now

survival of the fittest my friend.... mother nature will get rid of numptys like you first .... thankfully

i'm fit as hell....i was brought up under stalin

Stalin died of a brain haemorrhage .... you wont die of that, as you have no brain to haemorrhage... but you'll die of senality pretty soon.. you are showing classic signs of that on here.

Here is the Daniel Stewart note if anyone wants to read it :





Rockhopper Exploration - SELL
Price: 88.75p Target price: 25p
Code: RKH.L Analyst: Tim Heeley | 020 7776 6933

Results but no new news

Rockhopper has announced results for the year ending March 2008. A loss of $1.4mn is reported and the company currently has cash of around $10mn in the bank following the fund raise of 3.6mn in May.

However there is no new news from the company on drilling timetables. It states all technical issues on its acreage have been resolved and that it is close to completing the interpretation of its 3D analysis. It further states that the issues surrounding further work on the licence are logistics and associated finance. For all intents and purposes we interpret this to mean how will it drill a well.

The company continues to state that it is considering all options on this front and we observe that the company now states it is talking to SPD, its consultant on the drilling side, about drilling in 2009 noting that timescales are continually being pushed outwards and drilling, or indeed a deal of any kind, is not, in any way, imminent. We further note that announcements from Desire on this front have not been forthcoming of late.

Furthermore Rockhopper states that the placing in May 2008 was oversubscribed to blue chip institutions, however we note that Schroders, the largest institutional holder of the stock prior to the placing, sold its entire notifiable position at the time therefore not following its money.

We continue to believe that investors money is better placed elsewhere within the sector to capitalise on record oil prices, such as a company with production or an active drilling campaign. We maintain our sell and 25p target.

i actually agree with DS insofar as there is not a single outfit in falklands that has even found oil yet, let alone started pumping

Shell drilled in 1998 and did recover live oil to the surface but at $10 a barrel didnot pursue this. Having been down to the Islands a number of times If you can drill in the north sea you can drill in the Falklands.

schroder didnt sell all of its holdings.....theres lots of inaccurancies in DS but i've seen it recently on other companies too.......doubt this paddy heeley knows anthing of oil industry

read the article you thicko :

"sold its entire notifiable position"

it didnt say they sold "its entire position".. its says "its entire notifiable position".

You really are one thick gimp !!

54p now

Straight through 200 DMA!
Support at 50p, 40p & 30p, so it will be interesting to see which level it settles at.