proptrade
- 14 Jun 2004 11:58
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
seawallwalker
- 14 Jun 2005 16:14
- 4275 of 7811
They seem to have been pushing this to the limit today.
House Brokers could have soemthing to do with it.
gavdfc
- 14 Jun 2005 16:16
- 4276 of 7811
Now back to 2 on 16.75
proptrade
- 14 Jun 2005 16:27
- 4277 of 7811
yup...good stuff obviously
seawallwalker
- 14 Jun 2005 17:56
- 4278 of 7811
Offer slid up to 17.25 in the last 3 trades.
This is being driven.
proptrade
- 14 Jun 2005 23:10
- 4279 of 7811
i think they were just withdrawn after mkt but who knows....
looking for momentum tomorrow...hopefully a break above 17
seawallwalker
- 14 Jun 2005 23:12
- 4280 of 7811
http://www.sterlingenergyplc.com/common/downloads/AnnualReportandAccounts2004.pdf
2004 accounts and reports.
I get the feeling that we are waiting for the Mustang Island result and we will not be told, as it seems to be part of a much bigger workover and developement plan.
seawallwalker
- 14 Jun 2005 23:13
- 4281 of 7811
All very healthy looking imo.
seawallwalker
- 14 Jun 2005 23:15
- 4282 of 7811
SEY.L STERLING ENERGY London 16:55 16.60 p +0.60 +3.75% trades38,320,256
That is one heck of a number.......
proptrade
- 14 Jun 2005 23:15
- 4283 of 7811
i read it a couple of days ago. i am nice and bullish and may add. i think we have been in a healthy consolidation period and now can move higher.
SWW, i thought i was the only nutter up now!
seawallwalker
- 14 Jun 2005 23:22
- 4284 of 7811
kids are keeping me off most of the day of late.
I need them to go to work or uni.........
gavdfc
- 14 Jun 2005 23:23
- 4285 of 7811
As to the 17.25 offer, that is the out of hours price on the offer and it usually rises above what it was during the day. Also, during out of hours trade, if you look at the bid, it usually falls to below what it was during hours. Personally, I pay no attention to the out of hours spread, others may disagree though.
I got my copy of the 2004 report and accounts in the post this morning, beats reading it on a monitor! Email them and ask for a copy, I'm sure they'll send one out to you. And yes agree it is looking healthy here.
stockdog
- 14 Jun 2005 23:48
- 4286 of 7811
Looking for the break above 18.75p resistance level and onwards to assault the old 20p peak from October - then we'll see some action as it rises to a new paradigm - RNS or no.
sd
Andy
- 14 Jun 2005 23:52
- 4287 of 7811
gav,
I agree, the PDF file is a bit tedious, I will email them for a copy, and maybe buy a certificate to ensure future copies, and AGM details.
I topped up today, and feel that we may see 18p again soon, after the recent price rise, and VOLUME!
Today's volume was very large and with the price rising, SEY looks to be positive IMHO.
gavdfc
- 15 Jun 2005 00:10
- 4288 of 7811
Andy,
I've always found them very accomodating with requests for hard copies of accounts and stuff. I just feel that it's easier reading something when you can hold it rather than having to stare into a screen. Team SEY seems to be awake as we hit the midnight hour! The oil price and the long futures are strong right now with the long contracts hitting new highs in general.OPEC meeting tomorrow in Vienna as I'm sure you know. Will be interesting to see how the market reacts to the 500k prod increase that is being talked about.
Andy
- 15 Jun 2005 00:25
- 4289 of 7811
Gav,
Thanks, I will contact SEY tomorrow.
I think the oil price will remain strong personally.
seawallwalker
- 15 Jun 2005 06:59
- 4290 of 7811
More relevant posts between 11pm and midnight plus than any hours during trading hours.
I caught a bit of Bloomberg before shut down and there was an unnamed guy who semed to know what he was on about in respect of oil.
He said that the 500k increase was unklikely to make much impact, but his own opinion was that oil would head topwards 60 to 70 USD per barrel, or fall off the precipice and become ultra cheap.
That actually backed his horse both ways, but he is right of course.
The latter would happen if the world economies failed to manage the high price of oil imo and a recesion happened.
Is this a bubble or not?
I think it started as a bubble but the poo has now been absorbed as a norm.
seawallwalker
- 15 Jun 2005 07:22
- 4291 of 7811
http://www.timesonline.co.uk/newspaper/0,,172-1654413,00.html
"The only spare capacity left in the Opec system is in Saudi Arabia, which, theoretically, could produce an extra million barrels per day on a short-term basis. However, most of the oil is so-called heavy, high-sulphur crude that is unattractive to most refiners."
Seems to be no answer then does it?
proptrade
- 15 Jun 2005 08:26
- 4292 of 7811
morning, maybe we should start the graveshift mkt...enough punters seem to be about.
SEY really easy about sending hard copies. most companies are very obliging even if you are not a shareholder.
Andy
- 15 Jun 2005 08:50
- 4293 of 7811
proptrade,
Just rung SEY, chap that answered the phone is very friendly, and my copy is on it's way.
proptrade
- 15 Jun 2005 09:43
- 4294 of 7811
easy isn't it!
i do that all the time...annoy FD's, CEO's, company secretaries and PR firms. I so so rarely don't get a very pleasant response.
you don't get someting if u don't ask!