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.

Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

.

required field - 08 Jul 2011 13:46 - 2117 of 3002

Just decided to go long....overdone this drop....

dreamcatcher - 08 Jul 2011 13:49 - 2118 of 3002

Did not think the sp would retrace so much. Lets hope then for a good climb.

required field - 08 Jul 2011 13:51 - 2119 of 3002

Volatile, that's for sure....might steady out just above 200p at some stage...

dreamcatcher - 08 Jul 2011 13:53 - 2120 of 3002

lets hope.

required field - 08 Jul 2011 13:54 - 2121 of 3002

Just the sort of company with this single asset that could be taken over by Centrica or Norwegian Statoil at some stage.....perhaps 250 to 350 pence per share perhaps more as this is at a proven stage just waiting to be developed...

dreamcatcher - 08 Jul 2011 13:58 - 2122 of 3002

I am no expert. If Statoil are interested, what is holding them off. Would they get the company now at a reduced rate?

dreamcatcher - 08 Jul 2011 14:01 - 2123 of 3002

Or a farm in?

required field - 08 Jul 2011 14:02 - 2124 of 3002

I'm convinced that we shall see a 400p price tag on XEL once again, if you were going to buy this then somewhere between now and the end of the year would be the time to pounce....after that the company would probably turn any offer down as too close to production and the buyout would have to be much...much..higher....

dreamcatcher - 08 Jul 2011 14:05 - 2125 of 3002

I still wonder if they are looking for a major partner.

required field - 08 Jul 2011 14:07 - 2126 of 3002

I think that BP are involved with some sort of talks with them.....an offer might come from them....who knows ?...

dreamcatcher - 08 Jul 2011 14:09 - 2127 of 3002

Is 4 not cheap for a takeover ?

dreamcatcher - 08 Jul 2011 14:10 - 2128 of 3002

I was thinking of 7-10 don't laugh.

required field - 08 Jul 2011 14:11 - 2129 of 3002

You have to be realistic......loads of buying now so a rebound back above 200p is on the cards (I hope)...

dreamcatcher - 08 Jul 2011 14:11 - 2130 of 3002

They could be in talks. You just wonder why no company has pounced

dreamcatcher - 08 Jul 2011 14:17 - 2131 of 3002

I suppose the board of directors would accept a takeover and put it foreward to the share holders. Look what they would be worth on their recent purchase alone. Millions!

required field - 08 Jul 2011 14:18 - 2132 of 3002

Market not helping at the moment......job to guess this.....

dreamcatcher - 08 Jul 2011 14:23 - 2133 of 3002

I wonder if the shareholder will not come out as well with a takeover.

dreamcatcher - 08 Jul 2011 14:45 - 2134 of 3002

Seems to be on the level. As long as there is not a 4pm sell off.

gibby - 08 Jul 2011 15:17 - 2135 of 3002

interesting day so far - limping back up a bit - next 75 mins will tell

gibby - 08 Jul 2011 15:17 - 2136 of 3002

but beeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeennnnnnnnnnnnnnnnnnnnn a good run!!!
Register now or login to post to this thread.