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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 - 22 Sep 2005 14:38 - 4961 of 7811

Dangerous game being played out on the EVS front.

I think, (but don't say I said so), they have had it.

That assumption is not based on anything I know, more what I have seen on other discussions.

gavdfc - 22 Sep 2005 14:43 - 4962 of 7811

Lol Sww! Far too much wind about for my liking! Rita seems to be weakening slightly according to CNBC, let's hope it weakens a lot. Some buys, albeit small at 19 now.

seawallwalker - 22 Sep 2005 14:43 - 4963 of 7811

There go a few 19p buys.

2 hours to go, you may be correct prop.

seawallwalker - 22 Sep 2005 16:30 - 4964 of 7811

Looks like you are well right!!

Well read, well red?

proptrade - 22 Sep 2005 16:33 - 4965 of 7811

GOOD OLD EVO. he went 18.5 bid about 30 seconds before the close and two other boys had joined the 18.25 bid a few minutes before...

bit of volume printed as well which is probably the reason why they moved higher in the afternoon...somene looking for a sexy offer..

seawallwalker - 22 Sep 2005 16:36 - 4966 of 7811

Don't look at me.................

gavdfc - 22 Sep 2005 16:39 - 4967 of 7811

Decent sized T trade as well, 2.4m at 18.75.

proptrade - 22 Sep 2005 16:46 - 4968 of 7811

that was the trade i was refering to....

SWW, lol

gavdfc - 22 Sep 2005 20:34 - 4969 of 7811

Hurricane Rita loses force, reclassified into Category 4 on Saffir-Simpson scale
AFX


MIAMI (AFX) - Hurricane Rita has lost power and has been reclassified into Category 4 of the Saffir-Simpson scale from Category 5, according to the National Hurricane Centre.

newsdesk@afxnews.com

Sunray41 - 22 Sep 2005 22:28 - 4970 of 7811

Good call Prop ----- Thanks for the teach-in

stockdog - 22 Sep 2005 23:05 - 4971 of 7811

Chartwise looks like we could've bounced off the March-April resistance turned support at 18.5p ish, Rita willing.

seawallwalker - 23 Sep 2005 07:08 - 4972 of 7811

The widely awaited Interims

Problems in the Gulf obtaining equipment for developement of wells but profits are up.

Pond Life - 23 Sep 2005 07:19 - 4973 of 7811

Interims read well, but it's still all to come with SEY. I can't see the shares moving too far as a result of this statement.

seawallwalker - 23 Sep 2005 07:27 - 4974 of 7811

Pondy - I have to agree, they do not contain the usual bullish slant for me.

I will be interested in any comment from Peel Hunt and EVO if anyone sees anything.

I should probably reword the first comment but what the heck...............

That's how I feel after the first read.

seawallwalker - 23 Sep 2005 07:46 - 4975 of 7811

Interesting to see no movement on the sp pre market.

Anyone got level 2 to see if they are awake yet?

seawallwalker - 23 Sep 2005 07:52 - 4976 of 7811

Do you know, I can recall a time when you lot were up early.

Obviously been too sucessful over the last 12 months if you can afford to lay in bed like this!

stockdog - 23 Sep 2005 07:56 - 4977 of 7811

Up at 5.45am all this week - out and about, back now. Good solid results, but tacit warning H2 to come not much improved on H1 and 1.1m Perth closure will dent profits considerably.

A pretty stunning portfolio of operations for such a small/young company - which as you say says it's all to come - roll on Chinguetti revenues which will be the step up referred to in H1 2006.

SP may go either way today - especially as Rita heads for Galveston, whether 4 or 5 strength.

sd

proptrade - 23 Sep 2005 09:15 - 4978 of 7811

up at 6.00 am every morning you cheeky bugger!

saying that CSB and CMB have enabled a little less focus this year....

results are as expected. all to look forward to as stated above.

gavdfc - 23 Sep 2005 10:41 - 4979 of 7811

Morning all, up at a reasonable time every day I am! Just had a quick skim over the results, will read them in more detail over the weekend but look ok to me. Anyone seen anything from Evo's yet? Wouldn't expect any big moves in the sp today.

gavdfc - 23 Sep 2005 10:54 - 4980 of 7811

Just found this on Google:

Sterling Energy 1H Reveals Solid Progress

Friday, September 23, 2005 5:36:56 AM ET
Dow Jones Newswires



0924 GMT [Dow Jones] Sterling Energy's (SEY.LN) 1H results "reveal solid progress and we expect a similar 2H 05," says Evolution Securities. "However, these results should pale into insignificance when the Chinguetti field comes on stream in 1Q 06." Reiterates buy rating and 32p price target. Shares flat at 18.75p. (SMT)


Contact us in London. +44-20-7842-9464
Markettalk.eu@dowjones.com



(END) Dow Jones Newswires

September 23, 2005 05:24 ET (09:24 GMT)

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