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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

queen1 - 07 Apr 2006 09:19 - 5674 of 7811

25.75p - Key breakout or another false dawn?

Andy - 07 Apr 2006 09:20 - 5675 of 7811

queen1,

With SEY, who knows?

Andy - 07 Apr 2006 09:21 - 5676 of 7811

queen1,

+1.75p! @ 26.50 MID (25.75 - 27)

queen1 - 07 Apr 2006 09:28 - 5677 of 7811

Perhaps someone found that rocket Andy.....

queen1 - 07 Apr 2006 09:29 - 5678 of 7811

Perhaps someone found that rocket Andy.....

queen1 - 07 Apr 2006 09:29 - 5679 of 7811

So sceptical that I wrote it twice!!

proptrade - 07 Apr 2006 09:31 - 5680 of 7811

whats going on here...i think my screen is faulty!

Sunray41 - 07 Apr 2006 10:00 - 5681 of 7811

Crack appearing in the glass ceiling?

proptrade - 07 Apr 2006 10:13 - 5682 of 7811

and i sold half last week!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

diydave - 07 Apr 2006 13:56 - 5683 of 7811

Proptrade.
Trust you put the proceeds in SCR then!!!

Andy - 07 Apr 2006 14:21 - 5684 of 7811

prop, queen1

You cynics!

Steadied now, and volume has dried up, so I doubt we will see any more rise today personally.

As the results approach, and the subsequent analyst presentation, I feel we will move further northwards, at least until the pertinent points of the presentation are known.

I don't expect much from the results, but I do expect SEY to announce revenue projections for 2006 - 20077, and of course an update of their other projects.

We are due a drilling result from the GOM, I wonder if that will be forthcoming next week?

queen1 - 07 Apr 2006 14:57 - 5685 of 7811

Cynical maybe Andy but if today was the result of a rocket it was a cheap one from Woolies that fizzled out rather tamely after a few collective "ooohs" & "aaahs" from the watching holders.

Andy - 07 Apr 2006 16:36 - 5686 of 7811

queen1,

Well I would have settled for this price at the open this morning personally, SEY never moves with any great speed, so early today was the exception.

I wonder whether this is the start of the run up to results, and possibly more importantly, the post results presentation?

I can't imagine they have gone to the trouble of organising that presentation without having something interesting to say, can you?



Ray A - 07 Apr 2006 19:45 - 5687 of 7811

Andy, queen1,

Looks like I might have just got on board before they lit the fuse, hope the rocket keeps to its trajectory!

Sunray41 - 07 Apr 2006 20:13 - 5688 of 7811

Andy - agreewith you on the importance of the future projection as the main accelerator for SEY. If it looks good and they keep the GOM on side this could be a cracker, either as an independent or takeover. No sign of GOM being any more difficult than any other Govt and they have the pressure of the IMF meeting in midyear to concentrate the mind.

queen1 - 07 Apr 2006 21:21 - 5689 of 7811

Don't get me wrong chaps, I'm a holder and all for SEY and everything they stand for (bless 'em all). But you summed it up nicely Andy when you said, "SEY never moves with any great speed". Enough said. 1 by Christmas.....2046?!

stockdog - 07 Apr 2006 21:53 - 5690 of 7811

3.5% p.a. compound - could be worse!

Pond Life - 07 Apr 2006 23:23 - 5691 of 7811

I thouhgt that pennant on the charts was never going to give way. I'll settle for 1p rise today (on the bid). Lots more to come and I think we might even see our 30p by the end of the month. Happy days are here at last.

seawallwalker - 07 Apr 2006 23:38 - 5692 of 7811

queen1 - m8.

It has to happen?

The only thing that can go wrong is the paying of the cash from the agreement between the Government and Sterling...................................

Hmmm............

So, it can go wrong then? (Ever the pessimist).

queen1 - 08 Apr 2006 11:09 - 5693 of 7811

Oh I'm sure it will happen. I wouldn't have held for 3 years otherwise! I just wish it would get a move on!!
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