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

I have another item.

Its in the last line.

web adress follows.

In the UK today, mining stocks suffered again, depressed by negative comments from Merrill Lynch (NYSE: MER - news) which cut its stance on the sector to 'neutral' from 'buy', highlighting the negative impact of US dollar weakness and rapidly rising input costs.
Anglo American (LSE: AAL.L - news - msgs) shares were down 26 pence at 1168 in early deals, while Rio Tinto (LSE: RIO.L - news - msgs) fell 22 pence to 1465 and BHP Billiton (LSE: BLT.L - news - msgs) eased 10-1/2 pence to 580 after the three were downgraded to 'neutral' from 'buy' by the US broker.
On the second line, Lonmin (LSE: LMI.L - news) dropped 16 pence to 885 after Merrill cut its rating to 'sell'.
Centrica (LSE: CNA.L - news - msgs) was another loser, off 2-1/4 pence at 253-3/4, after the same broker cut its recommendation to 'neutral' from 'buy.
'Centrica may be the most positively geared European utility to falling oil
prices. However, we think the recent fall in Sterling energy (LSE: SEY.L - news) prices may
underpin current expectations rather than provide a windfall.' the US broker noted.

http://uk.biz.yahoo.com/041207/323/f81s4.html

If you want to know about Mauritania go to the CIA yes the CIA web site. It's all there.

MS

There you are, warts an' all!

SWW, i don't understand what ML is saying...is that badly worded or am i being thick?

My interpretation is that the price is about right at the moment, and they do not expect a rise, (hence the comment about providing a windfall aimed no doubt at recent buyers). What they do not consider is the fall in oil price which has affected all oil companies.

ML often come out with this sort of thing and the market goes the other way to whaty I have expected from their comments.

They must be wrong as the price is strengthening.


Aside, are you okay?

not bad, just trying to make head and tail of the market right now....will send you an emal.

rgds
prop

wow, first time SEY BB has been off the front page for a while. wuiet as a mouse out there....

There's not much action on the trades so far, proptrade. So I guess that we have nothing to speculate on. I see HNR taking a bit of a hit again this morning. Spill over from yesterday and continuing oil price drop, no doubt.

Still, at least a good result for the Arsenal. Top of the group - I hadn't even considered that permutation. :>)

Also seems to be an intermittent problem with posting - i've been logged off twice!

Strafrog,

This should now be fine.

Ian

Starfrog,

This should be fine now - let me know if you have any further problems,

Ian

starfrong...and what a game it was. i was there and the atmosphere was simply excellent. I thought that after last nights performance we could have beaten any team in the world at least 2-0 (not being arrogant of course!). i agree, i hadn't considered ending top of the table. what was all the worry about!

and chelsea lost....lovely story.

The only result that matters now is beating the blues... Are they on the slippery slope... Should be a good match on Sunday.

i know, can't wait. i think losing to porto may be a chink in their armour. at least that is ehat i am hoping!

IanT - everything is fine now. Thankyou. :>)

Am I the only one that thinks its a bit suspicious that Chelski 'lost' to Porto? They both qualify now.

you are not alone. on the way back from the game a number of supporters were saying the same.

hasn't it gone quiet...oh so quiet

About 2000 posts ago, I suggested that there was a large background seller and the idea was scoffed at. SWW found a newspaper article (The Express???) the other day which suggested that a large seller had gone clear. I don't believe for one minute that the seller has gone clear and I suspect that the journalist (not the brightest bulb in the box) has been fed a load of rocking poo to help suck in some buyers. There's no such thing as a free lunch! These are starting to look totally stuffed, imo.