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 think this is starting to look cheap?Anyone agree?

Has done for a while as have all the PSC members.

All look good prices to buy in at.

Tiof 6 resolves soon whichmay be the catalyst to better things for all of them.

Woodside have in their AGM document, plans to do more drilling in PSC A & B this year.

I suppose we will have to wait till all the production drilling levels out or even till the finals bafore things really get moving.

Price of oil and the strenghtening dollar are having an effect.

Do we know when to expect their next drilling report?

SWW, no problem.

Thanks gav.

You seem to be one of a very few who get copies of these.

Happy New Year to one and all, nice to see the contributions on the BBs again, makes interesting and enjoyable reading even if my lot is in the RED at present, hopefully SEY will make a U-turn soon

have faith...early days yet and we are all in the same boat. i am thinking of adding here as well....

You are not alone prop. Across the bb. world similar things are being said.

Chartists are saying there is a buy signal, but I would not know, I just see a teacup in the picture with a spoon and fork!

PRE holders thought that was a good sign but that was just before the DD lucked out!

I can not see how a chartist can make anything of Oil E & P myself, I am questioning my rabbit closely when I can catch him!

He just says " Eeeihh"! Which I take to mean "Hold".

Hmmm...........

Wish he could speak chicken, my dog just says "Roof"! but he never knows what he is on about.

Silly Billy.

That's the goat, he is too intersted in emptying the washing line after the Missus has put out the weekly load. I would tell her but I want a new jumper.

Anyone seen my sheep?

Answers to the name of Mint Sauce!

Last seen New Years Eve...............

sounds like that octupal shot of 50% proof has hit home....i'll put the coffee on!

SWW, Lol!! Think you should get a hold of your rabbit and ask him what he thinks of SIA. ;-)

As to the brokers notes, the first 2 I got sent out from SEY, I asked and they sent them. I'd been in touch with them regarding some issues before I asked, but they seemed happy to send them and the last set of results when they were released. They were the Evo's and Oriel notes from earlier last year. The recent one was from someone who emailed me the new one.

chart not looking good - some support at these levels but broken that-

I am surprised ,I expected the buyers to looat c14.5 p and decide it was now looking a bargain....but it would not appear that way.I will have to buy some more as i think this is a dfinate one for the ASOS challenge this year....Now where are the children's piggy banks????

Fundy asked me on another thread if I would kindly paste a chart for him.

A picture paints a thousand words Hils, but ....we shall see.

for a news driven stock that is waiting for news this drift is typical.

you know what, if there is no strike eventually then we are all in the crap but if there is these technical charts are irrelevant when the fundamentals take over.

Hils, i would like to see them again once the Tiof news in announced (good or bad!)

Rgds
PT

I'm in long term so not a problem. If it's 18+ in 2006 or before I've made money.

LOL

MS

Proptrade,

It's all too easy to discount the chart and examine only the fundamentals. Once you start to do that, however, you hit across another problem in so far as, prior to the Mauritania placing, these were undoubtably priced for prospective earnings growth. The effect of (nearly) doubling the shares in issue means that their forecast earnings will also need to double simply to maintain the original prospective peg. The absense of any hard numbers to accompany the Mauritania announcement has indicated that, whilst it is probably a good deal, it is unlikely to actually double their earnings.

You're then left with a self-fulfilling prophecy in that the fundamentals are actually within the chart all along.

Hilary I'm in long term but yor're starting to make me nervous.

MS

Hilary , is it your opinion then that the shares are fairly valued for the increased number ofshares or do you think they have further to fall?Assuming there is no major news which of course would throw everything in the air.

Hi people.

I am still here and have not fled in panic.

Whats new?

Not much!

Make your own decisions though; those that you can live and sleep with!

Good luck.