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

SD, I've never used stockcharts.com, will take a look, cheers. I quite like Money AM's charts, seem simple enough to use. I like the feature where you can add the black line as I did in the chart. Also use Bigcharts for intraday Dow and Netdania for streaming fx. Also looked at Livecharts.co.uk but the constant adverts were a bit annoying.

Doc, cheers for the Oilbarrel link, good read.

2x2m at 19.75 just gone through.

indeed. can you believe this thread is near 5000 posts!

Lol! Will probably get there in a week or so! More decent sized trades showing up just before and after the close.

yup. good Katrina news for SEY and these nip above 20.

Hopefully by next week we will know a bit more if we were affected by the storm or not. From the link SWW posted yesterday, it seems that we may have missed the full impact of the storm. I assume that if SEY's operations had been badly affected then they would have to release an RNS advising of the damage etc, not sure if they would have to release one if there was no impact though.

stockdog,
You're right - my memory is failing fast. Once round the goldfish bowl and I've even forgotten that my name is...err...
How come you could recall that?

Well, I remembered I had made a point about it and looking back to make sure my memory was working I discovered your's wasn't - lol!

Hoping Eugene is OK, but their off-take via LOOP (??) may be in a bit of a state - so still a way to go for the GoM to get back on track maybe.

Nice end to the week on reasonable volume. Feels good for next week.

Have a good weekend everyone.

sd

still ticking higher...

still ticking higher...

me - I'm just still ticking! - or is that still just ticking?

Yes prop, an excellent start to the week.

If we can tick past 19.75, we will then stand a good chance of assaulting the recent 20.75p high - and then . . .

SD, as you point out, 19.5 bid. bodes well and good news should see 20.75 at least...

19.75 bid....

RNS!

click here to view a printable version of this article click here to view a landscape printable version of this article click here to mail this article to a friend

Sterling Energy PLC
05 September 2005



Sterling Energy PLC (the 'Company')

Holding in Company


The Company was informed on 2 September 2005 by The Goldman Sachs Group, Inc.
('GS Inc') that, at the close of business on 30 August 2005, GS Inc, no longer
had a notifiable interest in the issued share capital of the Company.

5 September 2005


This information is provided by RNS
The company news service from the London Stock Exchange

According to Hemscott, these are the major shareholders;

AMVESCAP PLC 237,566,615 17.05%
Westmount Energy Ltd 70,000,000 5.02%
UBS AG 60,448,408 4.34%
Goldman Sachs Group Inc 42,958,953 3.08%
The Moore Macro Fund L.P 42,600,000 3.06%

So Goldman Sachs MAY only have sold .09 of one percent to issue the announcement.

Of course they could also have some more, but this may explain why the price has risen today.

Andy,

The way I read the RNS is that GS have sold a few to take them under the 3% mark. If they'd have sold a shed load then we probably wouldn't have had the rise that we have had. Also noticed a nice 1.5m at 20 from this morning.

20p bid.
Just as well, all my other oils are having a very bad day. DGO, BUR, VPC and TLW al in the red.

With the amount of selling since the 1.5 mil buy, I expect this one to retrace a bit.

Just got home, still not in.

Nice bit of action, not understanding why GS would reduce at such a good time unless it's not........?