Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

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

iturama - 19 Nov 2004 12:23 - 1900 of 7811

Since outside shareholders were not given the opportunity, they couldn't take up too much could they? More a case of flying the flag by buying a nominal amount. Most of them don't need much more in any case.

proptrade - 19 Nov 2004 12:28 - 1901 of 7811

thought it was an obvious one that nobody else had pointed out!

anyway, nice to see a bit of moneyam input on the thread

seawallwalker - 19 Nov 2004 12:31 - 1902 of 7811

They are after food and drink tips! (Moneyam)

I must be a bit dim today not to have seen the rns's.

Bad night though!

Wife had wind.................

seawallwalker - 19 Nov 2004 12:32 - 1903 of 7811

Just looked up your last email prop, about summed it up didn't it?

mickeyskint - 19 Nov 2004 12:33 - 1904 of 7811

Whats everyone doing at the week end. Me, well painting the hall and replacing the skirting. Indian takeaway Sat evening oooo can't wait.

MS

seawallwalker - 19 Nov 2004 12:38 - 1905 of 7811

My 23rd wedding anniversary Saturday.

Taking the Missus out for a meal at the chippy! Round to the Foresters Pub on the Sea Front.

Have to keep her under 6 pints though, any more than that and she ends up picking fights..............

Wouldn't mind but she insists on driving home, I know it's wrong! I'll just do 4 pints, so I should drive but there you go...........

proptrade - 19 Nov 2004 12:42 - 1906 of 7811

can't remember what i said but i will agree!

mickeyskint - 19 Nov 2004 12:42 - 1907 of 7811

SWW

Have a good one. 23 years, you get less for murder. Me I'm a 32 year man myself and all with the original.

MS

proptrade - 19 Nov 2004 12:45 - 1908 of 7811

SWW

enjoy. 23 years..wow. i am on 7 years, 3 kids (almost) and 33 years old. what do you buy them at 23 years????

seawallwalker - 19 Nov 2004 12:46 - 1909 of 7811

Prop, you are right to agree.

MS, you have done very well.

Maybe we should go a curry instead as well or instead?

mickeyskint - 19 Nov 2004 12:46 - 1910 of 7811

A new hoover and a pack of Hamlets.

MS

proptrade - 19 Nov 2004 12:49 - 1911 of 7811

MS, you really make me smile.

the nice thing is she can re-enact the hamlet ad with the combover!

seawallwalker - 19 Nov 2004 12:51 - 1912 of 7811

Commentry from one of my "Mates" on ADVFN..................(Not Harry I don't think!)

To alL those selling now....
You may be gaining 0.75p a share if you got shares in the placing and for say 50,000 you will make an easy 300 but the way to make money out of the e & p sector is to spot the shares that will double, triple, etc. and hold.
Looking at all the e & p stocks right now I would argue that most are pretty much fully valued. Out of them SEY stands out to me at the best prospect. Here is a summary of the reasons..
-the company has a strong revenue and asset base with its Gulf of Mexico assets
- the company has not 1 but 2 'transforming deals'

The first is its free carry royalty for offshore Mauritania where the Chinguetti field will be producing in 2006. The Toif discovery is the excitement here. Already expected to be about 2 and a half times bigger than Chinguetti, the field looks enormous. And the operator still has a number of prospects yet to explore. Overall this could triple the current level of co. profits.

The second is the deal with the Mauritania goverment for a profit share in 12% of Chinguetti. In a couple of years this could also triple co. profits or more. And there is the additional chance that further deals will be done with the government. Political risk is there as with any government in Africa - the institutions who have oversubscribed for the shares are confident enough. And the deal 'wipes its face' with oil at $20 (currently $45+).

Obviously I hold the shares so I am biased but I genuinely can't find a better investment in the sector.

mickeyskint - 19 Nov 2004 12:52 - 1913 of 7811

PT

You've got to keep us posted when the little one arrives early in the new year.

MS

proptrade - 19 Nov 2004 12:59 - 1914 of 7811

you bet, and i might even post a picture on the thread to add yet more diversity to the subject matter!

also starting a new business in the new year so should be a somewhat busy time

mickeyskint - 19 Nov 2004 13:06 - 1915 of 7811

Been in business for my self so I know what it's like. I think you should get 40K just for the worry and that's before taking a wage. But it's not like that. Hope it all works out for you and your family. Remember you can always join SWW missus.

LOL

MS

proptrade - 19 Nov 2004 13:07 - 1916 of 7811

that is my new business....

mickeyskint - 19 Nov 2004 13:09 - 1917 of 7811

PT

Nice one. :-)

MS

proptrade - 19 Nov 2004 13:14 - 1918 of 7811

i can't believe we are almost at 2000 posts!

willfagg - 19 Nov 2004 13:16 - 1919 of 7811

after initial sellers( were these investors who got them at 17 p making a small profit?) Cant imagine why they would sell! Now already showing signs of strength and could go blue today
Register now or login to post to this thread.