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

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

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????

Prop, you are right to agree.

MS, you have done very well.

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

A new hoover and a pack of Hamlets.

MS

MS, you really make me smile.

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

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.

PT

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

MS

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

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

that is my new business....

PT

Nice one. :-)

MS

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

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

i think so. now that the placement is out the way, onwards and upwards

I will never critise a buyer or seller, for doing just that, whatever time they pick to do it, so long as it does not affect me.

Out for the rest of the day, so, have a good weekend people, and you Dave!

Cheers sw , big up for the 23rd.

Where will this one go on monday. Lots of sells.

MS

Mickyskint and others.

This answers your question I believe.

Taken from very kind poster at ADVFN,(eurofox), where my "Mates" are!

Why did the bid stay at 17.5???

eurofox - 19 Nov'04 - 17:24 - 2689 of 2691


because clearly there are buyers for all of these - there is no MM in the world that would take trades of that size on to their books without knowing in advance where they are going - otherwise (a) the selling price for those trades would have been very much lower and (b) so would the closing bid

Not sure if those big end of day trades are all sells.

No, there is some doubt expressed about sells today.

Seems there are reports of sells where the buyers compare their purchase!

Something amiss there.

If we assume buys for a few, then that also would explain no movement in the price.

I care not in the short term anyway.

I would like to keep these for a long time depending on what is going on. I intend of course to keep up to date in the mean time.

He who dares Rodney!

He who dares.............