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.

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.

"The Company announces that on 9 July 2008 it received notification from Richard Visick, a non-executive director of the Company, that on the same day he acquired 200,000 ordinary shares of 1 pence each in the Company ('Ordinary Shares') at a price of 58 pence per Ordinary Share."
These look to be held in his pension fund, so he seems to be pretty confident of a
very comfortable retirement!

http://business.timesonline.co.uk/tol/business/markets/article4312901.ece

Falkland Island oil explorers have been falling on worries that Desire Petroleums long-awaited deal to secure a rig, which could be shared with Rockhopper Exploration, has not yet materialised. But Rockhopper rallied 3p to 60p after share-buying by directors and after its house broker Landsbanki said: We believe that an announcement of Desire Petroleums farm-out is expected within four to six weeks. Nevertheless, it cut its Rockhopper target price from 163p to 134p. Desire gained 8p to 59p and Falklands Oil & Gas rose 12p to 104p

Landsbanki desperately trying to support the sp, no sign of any oilrig for any of the Falklands oilies. Time to put them on the backburner,just another hopeful surge which is now disipated. The only hope is if BHP/BLT come up with a rig for FOGL.

lol....more than 9% up today....and thats with market getting hammered and dow jones getting slaughtered.

keep your nose in the pick n mix at woolies, halifax......is it still functioning woolies by the way, aint ben in it for years.....wlw soon be 1p

u should try some research halifax....u aint a clue about real world....lots of rigs go to brazil etc and fi cos could get one short time......also des / rkh only need any sort of rig as its in shallow waters compared to south of falklands.