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

thats a whole different issue SWW!

classic case is COIL. used to be Silvermines, looking to invest in media companies, now is linked to Cambrian buying resources! funny thing is though i do fancy their chances...how sucked in am i to all this crap!

dust will settle soon and the quality will shine through (like gems - lol, had to add that!)

One hopes so prop.

dave dazzler has shown me over the last 18 months that things usually get better if you hold long enough in stock with propects.

Right then,. time to clear the decks and prepare the ingredents for dinner.

Only a stir fry chicken today, nowt exciting

SWW,

" things usually get better if you hold long enough in stock with propects."

VERY wise words IMHO!

i so so agree. i know these are hardly Buffet value stocks but the principle of holding for the long term as a quality stock has to be the best strategy.

Something just fell on me head {its ok its only jsp} ouch me head..

DD you bottom fishing again lol?

Had it on the watchlist for a while but will wait to see it settle

You know i love to leger.

For those of you looking for that little gem that's going to make you rich. Well read this taken from Shares. "We worry that the winds of good fortune are blowing so strong for the oil exploration companies that even the turkeys may get off the ground. The critical, time-comsuming challenge for the investors is to differentiate between the turkeys and the exploration minnows with real assets and upside potential".
There are a few being pushed on the boards at the moment, so DYOR. Want my advice, you won't get any better than SEY.
And remember where there is oil there is gas and lots of it. The LNG industry is going to be huge. Shell are making a massive investment in a new plant in Qatar. Tankers are being ordered and built, and on shore storage sites being constructed. This will be the next oil. So look at HMY and STAR.

MS

DNX has started to fly.

MS - also look at BG. - not only big in LNG, but a possible takeover target from one of the majors, so I read.

SD

hightech - nice breakout on DNX, i bought another lump at 510p and now way overexposed - should be a nice run up to results and hopefully a re-rate afterwards

sorry for o/t guys

stockdog,
What about ISYS. Isn't it in LNG industry?

don't know ISYS

ISYS (Invensys) is an electronic equipment fabricator. Don't think that they have anything to do with LNG.

And why all the sells on SEY today. Somebody not saying something?

BG's been on the radar screen of one of the major oils for a while. Would be a good move.

MS

Sterling Energy PLC
22 March 2005


Sterling Energy plc

Re: Directorate


Sterling Energy plc announces the resignation with immediate effect of Alan
Levison as a non-executive director following his acceptance of a senior
executive position with another oil company.

Is this a problem?

MS

From the extraordinary general meeting of the Company to be held on
18 November 2004

Chairmans Statement

I am pleased to report significant progress during 2004 which bodes well for the future of Sterling.
The first half of the year has also been a period of significant consolidation for the Company following
the acquisitions of Fusion and the Osprey assets. I am delighted to say that the management teams
have integrated well and work on all the assets is proceeding smoothly this is no small achievement
when one considers the impressive pace of growth that has been maintained. I am also happy to
announce that Alan Levison, who has considerable high-level experience in the energy sector and in
African affairs, has agreed to join the Board as an independent non-executive director.

http://www.sterlingenergyuk.com/common/downloads/ProposedPlacingofNewOrdinarySharesandInvestmentinMauritania.pdf

He like most people has to take his chances to improve himself just like any others.

FWIW Harry Wilson was on the board of PET before becoming CEO of Sterling. He only lasted a few months there at PET, from what I recall.

http://www.sterlingenergy.co.uk/ourCompany/mgmtStructure.asp

Levison has disappeared from the management pictures already if he was ever put in the gallery on the new look site of course!

Evening all, nice to see some good posts here today. As to Levison leaving, I don't think its a majorly negative point. Since he wasn't even on the board that long, did he actually do anything for us? Nice post SWW and as you say, his picture is gone and I don't know if it was ever there in the first place.

From reading the RNS, there is none of the usual "the board of Sterling wish him all the best" Sounds to me like it is no great loss. Now if Harry was to leave, then that would indeed make me re-think my position.