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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/

graph.php?movingAverageString=%2C50%2C20

weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

seawallwalker - 15 Jul 2005 08:36 - 4542 of 7811

Clarification of Media Report

proptrade - 15 Jul 2005 08:58 - 4543 of 7811

well i think the market missed the report and the retraction!

they are just playing it safe....

by the way i really recommend the recipe!

goal - 15 Jul 2005 09:17 - 4544 of 7811

Yes, the prawns with cold custard went down a treat.. thanks SW.

proptrade - 15 Jul 2005 09:27 - 4545 of 7811

after all the effort into my recipe writing...i get trumped by prawns and custard!

goal - 15 Jul 2005 09:46 - 4546 of 7811

Up 1.30% at the mo I wonder if it will stay blue by the end of the day?

proptrade - 15 Jul 2005 10:01 - 4547 of 7811

19.25 bid! (JEFF)

seawallwalker - 15 Jul 2005 10:30 - 4548 of 7811

I think you are right prop, about the report and retraction not coming to market.

I think that Simon Potter was probably quoted though, on an off the record conversation, there being no smoke without fire, and the comments in the report were quotes from him.

There are shades of the Tiof /Woodside denial here, where Woodie eventually had to come on board with what Simon Potter was saying about the potential size of the field.

There are Companies sniffing around in the merger and aquisition arena, and as we know Hardman and Sterling were tipped as being taken out this year, plenty of pundits gave that message out at the start of the year, and it makes sense to do this before Chinguetti starts producing, and Tiof is declared commercial.

ROC rose late last week on takeover speculation, that did not filter down to everyone because of the events, so there is quite likely something in the air.

A good wait and see job imo.

seawallwalker - 15 Jul 2005 10:42 - 4549 of 7811

Showing strength today while others are drifting.

Funny how this often happens with Sterling.

proptrade - 15 Jul 2005 15:28 - 4550 of 7811

19.5 bid now.....

Pond Life - 15 Jul 2005 16:02 - 4551 of 7811

19.55 - 19.71 on line. Very narrow spread - couldn't be any narrower.

Fundamentalist - 15 Jul 2005 16:18 - 4552 of 7811

and finally we see 20p on the offer

proptrade - 15 Jul 2005 16:24 - 4553 of 7811

not any more! 20.25 offered!

Pond Life - 15 Jul 2005 16:32 - 4554 of 7811

Finished at 19.6 - 20.21 on line. Can't be much stock about and the price is being chased higher - which is nice!

seawallwalker - 15 Jul 2005 16:55 - 4555 of 7811

Great end to the week, it's now time to gloat.

Long may it continue.

Have a good weekend people.

Andy - 15 Jul 2005 17:30 - 4556 of 7811

Pond life,

Very nice indeed!

What a terrific end to the week, my best day for a long time, and one terrifiic day for SEY.

A great weekend to all,

Andy.

proptrade - 15 Jul 2005 17:35 - 4557 of 7811

good w/e!

stockdog - 15 Jul 2005 19:55 - 4558 of 7811

Yes, a good week all round, with a nice strong finish for SEY at its all-time peak ready for more fun next week. No upward resitsance left (except gravity!) and a nice strong support beneath us at 18.75.

seawallwalker - 15 Jul 2005 21:46 - 4560 of 7811

Any shorters out there???????????????????

Long way from 10p now.

Great call!

Thanks for the tip.

Ha!

Andy - 15 Jul 2005 22:03 - 4561 of 7811

SWW,

Only certifiable ones!

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