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

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



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

StarFrog as the issue is several times oversubscibed it is very unikely to fall all imo etc, disclaimer, disclaimer, disclaimer, disclaimer,

Smoked bacon is best!!

Coooo, DES nearly back to where I bought in earlier.

Wont buy in a falling stock.

Not necessarily, StarFrog, because they're priced for earnings growth as opposed to simple asset value. Within the equation you also have to include the prospective earnings enhancement from the Mauritania deal.

Ultimately, the share price will move on the balance of supply and demand for the stock.

sww - i hope you are right, although another buying opportunity would be nice.

StarFrog - good luck to you if you do.

As a long term holder, the variance does not affect me at these prices.

hilary, sww - thanks for the reassurance. I get worried too easily sometimes. But I'm also in for the long run.

Afternoon all,,i am in ,,18.10,,lets get the brews on.

Welcome dave. Now do you have a recipe..... :)

Welcome DD

gave up on your 15p target then!!!

Welcome Dave.

18.10 is not a bad price, did you see the Shares Mag item above a few posts?

Here it is again.

Shares Mag(SEY) - 18.25p BUY

Old favourite Sterling remains a buy having first been tipped at 6.5p on 24 April 2003 and updated several times since - most recently on 13 May 2004 at 15p.

One wet hole one dry hole from the Mauritannian drilling programme looks reasonable but the big reason for buying the shares is the revenue sharing deal which will allow Sterling a bigger slice of revenues from the Chinguetti Field by funding the governments 12% stake at a cost of 97 Million.

The ease with which Sterling raised the money through broker Evolution speakes volumes for it's City standing. The 30p target next year remains bright, probably achieved through being taken over. The PE should fall to 16 in 2005.

Cheers all,you have made me feel very welcome,thanks,should be a good trip..
Sw ,i have just read you bit,as to the share mag,,no post man here yet,,its still early .
Fundy gave up on 15,,bit to much much to ask i think,,,cheers easyjet!!

It's the post above your last Dave!

Here we go..................

lol

Do me nice that 30.

I see there was a 50000 at 18.00 dam,should of been me.

I often wonder how that happens.

Mind you there was a million at 18.10 as well earlier.

30 is a nice first target.

Yes lets not be greedy , prices i am happy at 18.10,last week was it 20+,,well there you go prices..

Welcome aboard Dave. Hope you enjoy the ride.

As an extra to SWW's recipe for chicken a la brick, saw this on tv and it looked nice. Take some smokey bacon or pancetta and dice it up. Peel a lemon and chop that up as well. They take some thyme and mix the three together in a bowl. Add half a pack of softened butter and mash all the ingredients together. Then take your hand and push in under the skin to separate it from the flesh. Take the mixture and force it down between the flesh and the skin and press it down as far as it will go. Any remaining mixture could be rubbed on the thighs. Never tried it myself but sounded tasty.

Your turn to get the tea brewed Dave.

Right on , assam it is , on the chicken theme m&s ready cooked 4.99 umm nice.

SWW

In the next life I'm coming back as your dog, on account that it get's better grub than me. Still sucking on that same old bone. Oh wo is me!

Christmas is coming boy's and I don't want you to spent too much on my present. Spurs for the double would be nice, but alas I've got more chance winning the lottery. Who want's to be a millionaire, I do.

MS

MS,should be a good game in the carling cup next.