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Premier Oil - Can it go as far (or further) than Cairn ?? (PMO)     

pjstanton - 21 Jan 2004 13:43

What a chart, further to go, or not
Comments please

draw?epic=PMO

Stan - 18 Apr 2016 15:01 - 342 of 543

As I was saying (334) -):

mentor - 18 Apr 2016 15:06 - 343 of 543

as I was saying post 340

cynic - 18 Apr 2016 15:14 - 344 of 543

ah; 340 must have been yet another of your predictable abusive posts

mentor - 18 Apr 2016 15:17 - 345 of 543

re -340

if one has to put a mad DOG down, one has to do it properly
no pussy footing about

Stan - 18 Apr 2016 15:17 - 346 of 543

..I'm speechless -):

cynic - 18 Apr 2016 15:22 - 347 of 543

i told you he was a laugh a minute

mentor - 18 Apr 2016 15:31 - 348 of 543

Stan

re - I'm speechless

do not be, speak you mind.

I am tired an sick ( expression ) of the times of Meddling - cynic - has come to different threads just to interfered and talk rubbish about shares that has no idea.

then complaining to MAM with the other half - goldfinger - another LIAR of first class and delinquent of 2nd class.
cynic, always needs someone behind, does not half enough push by himself, so now uses - jimmy b -

enough for now

cynic - 28 Feb 2013 13:37 - 497 of 500
have already requested that this arschloch be removed once again

cynic - 18 Apr 2016 15:45 - 349 of 543

your unwarranted abuse of all and sundry is legendary (in your own lunchtime)

as you say, enough ..... so fuck off!

mentor - 18 Apr 2016 15:52 - 350 of 543

That must be for the neighbour WHO is JEW but not from Poland is wearing a cap to cover the boldness

lets say is " goldilocks1 "

mentor - 18 Apr 2016 15:58 - 351 of 543

Oil prices slide after demise of freeze plan - Mon, 18th Apr 2016 14:47

* Freeze deal collapse deals a blow to prices
* Kuwait strike, cut in U.S. rig count prevent steeper price fall
* Iran urges other nations to keep freeze talks going
* Rebalancing focus shifts outside OPEC

LONDON, April 18 (Reuters) - Oil prices slid on Monday after a meeting between major producing nations on a proposed output freeze fell apart, leaving the world grappling with an excess of unwanted crude.

Oil exporting nations, including non-OPEC Russia, had gathered in the Qatari capital of Doha for what was expected to be the rubber-stamping of a deal to stabilise output at January levels until October.

But the deal crumbled when OPEC heavyweight Saudi Arabia demanded that Iran join in despite its repeated assertions it would not do so until it had reached pre-sanctions levels of output.

"Saudi Arabia intentionally torpedoed the agreement and was willing to accept its failure. This has severely damaged the credibility of oil producers in general and of OPEC in particular," Commerzbank said in a note.

Brent crude futures fell almost 7 percent in early trading on Monday before bouncing back to $41.70 per barrel at 1335 GMT, down 3.35 percent since their last settlement.

Traders said an oil worker strike in Kuwait that cut the country's crude output by some 60 percent prevented Brent from tumbling below $40 per barrel. A cut in U.S. drilling down to 2009 levels had prevented steeper falls there.

Benchmark U.S. crude futures were down by 3.62 percent at $38.90 a barrel after falling as low as $37.61 earlier in the day.

On Monday, Iran urged other oil producers to continue efforts to prop up prices, but insisted it was justified in not yet freezing its own output following the lifting of sanctions in January.

The deal's collapse revived some fears that government-controlled producers will ramp up their battle for market share by offering ever-steeper discounts.

Morgan Stanley said the failure sparked "a growing risk of higher OPEC supply," especially as Saudi Arabia threatened it could hike output following the failed deal.

Still, supply disruptions elsewhere, such as in OPEC member Nigeria, helped underpin prices. Investment bank Goldman Sachs said "gradually declining non-OPEC production as well as planned maintenance in the face of resilient oil demand in Q1 have recently pointed to improving oil fundamentals."

Additionally, analysts said OPEC's failure to act, and the subsequently lower oil prices, would simply shift rebalancing away from the cartel and towards higher cost producers.

"Once again the Saudis have delivered a hammer blow to fellow producers," said David Hufton, managing director of broker PVM. "It promises to be the final nail in the coffin for those shale producers and their lenders hanging on for a short-term price reprieve."

jimmy b - 18 Apr 2016 16:12 - 352 of 543

mentor you really are a first class prick who thinks he knows it all ,you are MASTER RSI among others from ADVFN , you cruise round looking for trouble and don't like it when people stand up to you .
Lets get this straight late last year you fcuked up on several penny shares (you lost 50%) on all of them after telling folk they were stupid when they pointed out they didn't agree with you and you did not come back on here for three months .
Go back to ADVFN it suits you far better.

mentor - 18 Apr 2016 16:25 - 353 of 543

Have you got permission from mummy to post here

alright is " goldilocks1 " who send you an email to say that.

I got a nice hammer to crack all those nut cases around here

mentor - 18 Apr 2016 16:40 - 354 of 543

jimmy

Poster know what to buy and also not to lie, but you make all those mistake time and time again

it seems - cynic - has teach you the wrong things of life ans to make profits is not in your agenda, but is in mind.

I say when I buy, when I sell and the prices also, mind you at the time . Do you or the other half, that say it when the share price is up the next day. ( caught a dozen times and is true ) no lies about.

The truth is on the pudding, that I just finish eating - after Eight Mousse ( so heavenly ) with Oykos yougurt

skinny - 18 Apr 2016 16:40 - 355 of 543

63391182.jpg

jimmy b - 18 Apr 2016 17:04 - 356 of 543

You got hammered on every thing at the end of last year ,i pointed this out and you stayed away with your tail between your legs ,i'm surprised you have the neck to come back .

mentor - 18 Apr 2016 18:09 - 357 of 543

jimmy b

You got it alright - Manuel ( cynic- other nickname by some posters) and you pushing each other

Your other half will not like posting this video.
--------------

show me your money,
I mean where are all those trades I made so badly for you?

As you are very interested why I stay away from here, here are the main reasons

I did stay away from here, there was a place were I got Level 2 for free for 2 month, instead of the £39 pounds I was paying, and nice people I met, still posting there but not so often.

By the way is not like here that you can edit your post, so stays with all the mistakes that one can do if posting fast and not checking spelling like I do.

I said many times, that you mate - cynic - was buying my stocks, so from time to time I do not post my good ones.

there is only 1 stock ( bought twice ) I still hold ( well below ) price I paid, but as I have not sold I have not lost any money, and more I almost hold the stock for free as the share price was ready for the bounce ( cat bounce ) got 600K @ 0.585 and sold less that 3 weeks later at 1.40p ( was much higher the day before 1.725p ) ( bought t+20 sold closing t+8.

XXXX 18 Dec'15 - 10:20 - 4162 of 4574
Has the bottom being reached?

the last few trades give the indication of that, on reaching the low of the day 0.525p the MMs are moving prices a bit more slow and the buys being large and at around middle price

Bought not long ago 600.000K just above middle price 0.585p
Paying full offer now 0.60p, and the MMs are moving into the bid since 3 v 1

looking good, the bounce back, even if is a " Cat bounce is due"
-----------
XXXX CHA- 7 Jan '16
re - Disappointing day
That is most likely the start of the next cycle and is not up
Yesterday was the main point on reaching very high but finishing unchange

sold (close T +20 bargain ) the 600K @ 1.40p for a £4830 gain or 136%


further more, during this time oils were my pick, I already said here not long ago

PMO- bought 6 january at 37p, were suspended as it went to 19p but sold 10 march at 49.325. ( had to pay for the stock, most times I close )
had bought some more as it was raising 26 february at 39.9563p sold same day 10 march at 49.10p
bought on the 15 march at 43.70p and again 31 march at 43.1875 and sold 12 April 52.3125 and 13 april at 53.275p ( both closing bargains, meaning I had not paid for the stock.

Twice bought ENQ for a 7 and 10% but the last one less than a month ago got close to 50%.

twice bought CPX during that time 2.90p sold 3.55p ( 29 January ) and bought 2.93 sold 3.45

TLW made 21p on the stock, first time ever dealing on the stock bought 19 feb sold 3 march

many more with less % gains OPHR, BHRD,FCRM and GENL the worse just a couple p

-------------
hope you are feeling better, or I will have to change my capital tax numbers

mentor - 18 Apr 2016 22:39 - 358 of 543

OPEC Failure Turns Premier Oil Into Even Better Bargain!-By Motley Fool | Mon, 18th April 2016 - 15:19

"Oil Price Slumps As OPEC Talks Fail!" screamed the headlines this morning, and I feared the worst for my investment in Premier Oil (LSE:PMO) as I rushed to check the prices.

And you know what? Nothing much has actually happened. Brent Crude is still selling above $40 per barrel, and at $41.20 as I write it's really only lost the $3 to $4 it picked up in optimistic anticipation of a successful outcome at the oil-heads pow-wow. And, the truth is, very few of us expected any production-capping breakthrough anyway, not with Iran only just having been allowed to start selling again and not even having sent a delegate.

Down... a little

And the share prices? Premier is down 6% to 49.2p, but it's still 22% up since 7 April. And shares in Tullow Oil (LSE:TLW) have only lost a very modest 1.4% to 210p. Since the start of the year, Premier is up 14% and Tullow is up 25%. In my book, this is not a time to be crying.

Clearly Premier Oil's massive debts of more than $2.2bn mean it really does need to see oil prices rising. But the thing is, it doesn't really need big rises and it doesn't need them all that fast. Premier's lenders are still being very flexible and have extended its covenants to mid-2017. On top of that, abut a third of Premier's 2016 production still hedged at above $70, and its cash position is remaining pretty stable. Premier has pared its costs to the bone by ditching some non-core assets, and at the same time its acquisition of E.ON's North Sea assets for $120m, which are immediately cash generative, seems like a masterpiece of bottom picking to me.

mentor - 18 Apr 2016 23:42 - 359 of 543

an again ABCD and the change of direction at time of PMO retracement V oil price ( 8 February to 20 March )

p.php?pid=chartscreenshot&u=AMVTxGdOMSuC

...........p.php?pid=staticchart&s=NYM%5EBZ%5CM16&t

VICTIM - 19 Apr 2016 07:24 - 360 of 543

Blah Blah Blah Blah Blah Blah .

HARRYCAT - 19 Apr 2016 08:31 - 361 of 543



Oil holding steady at $43 pb. I thought I had missed the boat to sell my PMO stake, but it seems not, for the moment!
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