Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Faroe Petroleum (FPM)     

royscoones - 03 Feb 2008 16:10

This company seems to have been searching for a long time - any ideas out there?

required field - 22 Sep 2010 13:22 - 55 of 364

Going like a train...

required field - 22 Sep 2010 13:34 - 56 of 364

Was it something I said..?......by jove !....

cynic - 22 Sep 2010 14:14 - 57 of 364

i've had a look at these and cannot get inspired ..... sp has had a nice rise today on no news, but sellers now outnumber buyers 2:1

required field - 22 Sep 2010 16:16 - 58 of 364

You cannot go by 2nd level all the time, it's about what the stock has to offer...I've been in from about 50p or so.....and there is a lot more to come...

cynic - 22 Sep 2010 16:18 - 59 of 364

i was looking for inspiration to buy and didn't find it!

required field - 22 Sep 2010 16:23 - 60 of 364

How about a hefty drilling campaign ?.....5 strikes out of 5 so far in the last 2 years and some incredible high impact wells off the coast of Norway to be spudded and along the atlantic margin....just one of these comes in and it will go up to 300p and beyond...plus what they already have and something in the north sea and the market cap is not too high for such an oilie.....I'm staying put and even if the sixth well which they are drilling now does not come right : I shall not be selling....now...do I get my sales badge ?......well financed plus all exploration costs can be offset against Norwegian tax....

cynic - 22 Sep 2010 16:43 - 61 of 364

thanks for that RF .... shall look again tomorrow, prob with buying boots

required field - 24 Sep 2010 20:18 - 62 of 364

Did you buy some Cynic ?....sp doing well...but nothing is sure about the next well results....long term, it looks excellent value....300p is not beyond this stock regardless of current well expectations.....5 more wells to come within a year at least....

cynic - 24 Sep 2010 20:21 - 63 of 364

yes i did, this morning, though at slightly too high a price

required field - 25 Sep 2010 09:58 - 64 of 364

One of the tips this week in the Investors chronicle.....lot...lot more to come....in time...perhaps in a year, this might be worth double what it is today....

required field - 27 Sep 2010 09:12 - 65 of 364

Above 2 now and rising....also possibility of a takeover for FPM as the Koreans are on the prowl along with a few others....

required field - 11 Oct 2010 10:40 - 66 of 364

An update on their latest well must be due soon....

required field - 15 Oct 2010 16:11 - 67 of 364

Still no news.....really overweight on this one....a dry well would not be a disaster as plenty more coming up....but a success could send the share price into the stratosphere....plus news on possible Greenland acreage is due soon....so plenty in the pipeline for this gem.....

cynic - 15 Oct 2010 19:58 - 68 of 364

RF - you don't half go out on a limb! .... hope you have more than the normal count of fingers

required field - 16 Oct 2010 20:52 - 69 of 364

I have bought in heavily here.....biggest asset in my portfolio.....so many positives.....could be taken out by a bigger boy as well....even if the latest well comes up dry, it will not be a disaster like for many other oil companies...if you read through their finals or interims..: the number of assets is impressive, coupled with a not exaggerated sp....looks tremendous to me, this one.....

required field - 22 Oct 2010 10:55 - 70 of 364

Should be nearing target....might have encountered hydrocarbons....still no news...

required field - 22 Oct 2010 12:24 - 71 of 364

Looks like : quite a few buys this morning.....are we about to break away from the 200p's....?.

required field - 26 Oct 2010 11:08 - 72 of 364

Good purchase...with production plus exploration...good balance of assets.....could hit a huge discovery in future years....

Troys - 01 Nov 2010 07:57 - 73 of 364

RNS

required field - 01 Nov 2010 08:37 - 74 of 364

And where is the bad news ?.....sp down on what ?....
Register now or login to post to this thread.