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Premier Oil - Can it go as far (or further) than Cairn ?? (PMO)     

pjstanton - 21 Jan 2004 13:43

What a chart, further to go, or not
Comments please

draw?epic=PMO

goldfinger - 05 Jan 2009 15:08 - 76 of 543

Going steady today, but could yet end with a glorious finish.

goldfinger - 06 Jan 2009 00:56 - 77 of 543


recent highlights from the Edison broker note...


http://www.edisoninvestmentresearch.co.uk/?ACT=18&ID=1648

goldfinger - 08 Jan 2009 11:19 - 78 of 543

You cant beat the market so Im out with some good profits.

will return when conditions are better.

goldfinger - 06 Feb 2009 15:33 - 79 of 543

loads err money, what a corker this has been over the last few days.

cynic - 13 Mar 2009 10:54 - 80 of 543

perhaps time to dust this one down ..... relative to TLW (don't ask me why, but i pair them), PMO has performed pretty poorly, mainly i suspect because they have had a string of duff drilling results ...... surely the odds must favour them next time around, mustn't they?

cynic - 22 Mar 2009 08:43 - 81 of 543

how much more puff left here in the immediate future? ..... 200 dma is now close at hand at the psychological level of 10.00 and figures, undoubtedly good/execellent, due out this coming thursday.

cynic - 23 Mar 2009 08:32 - 82 of 543

200 dma hit .... big rise over last week .... figures out on thursday ..... surely short odds of a pullback, so have banked that lovely profit too!

cynic - 24 Mar 2009 16:32 - 83 of 543

makes a change to have got out effectively at the top ..... shall watch for further weakness to buy back in

cynic - 25 Mar 2009 07:24 - 84 of 543

strong results + acquisition + deeply discounted rights isue

suspect share will get walloped today, but that could be a good chance to buy back in .... not sure of my own views on all the above

cynic - 25 Mar 2009 08:22 - 85 of 543

lol! ..... just shows what i know .... market seems to love both the results and the rights issue ...... sp opened around 960 and i momentariuly thought of buying ... spent a few mins on my e-mails and behold sp is 1040!

cynic - 25 Mar 2009 08:41 - 86 of 543

have rashly bought back in, partly (mainly?) through pure greed and partly because sp has now surged through 200 dma resistance

dealerdear - 25 Mar 2009 08:50 - 87 of 543

Market seems to do the opposite of what it should be doing which along with the rise in some tiddlers, suggests to me that this is a bottoming process. Go with the trend is the order of the day.

cynic - 25 Mar 2009 10:13 - 88 of 543

decided to take a modest but very acceptable profit ..... shall now watch to see what happens next

cynic - 25 Mar 2009 13:19 - 89 of 543

seems to have stabilised well at around 1042, so with NY opening quite strongly, assuredly helped by strong durable goods orders, there could well be more profit to be made (and banked)

required field - 28 Mar 2009 13:16 - 90 of 543

The rights issue here is well worth taking up, 4 for every 9 held at.... wait for it :...485p !, by my book that's cheap !.

hlyeo98 - 21 Apr 2009 11:01 - 91 of 543

PMO has taken a big knock off today

cynic - 22 Apr 2009 10:02 - 92 of 543

seriously annoyed with myself ...... noted that sp hit 200 dma and then started to bounce but have been too busy to put in order

Chart.aspx?Provider=EODIntra&Code=PMO&Si

required field - 22 Apr 2009 10:13 - 93 of 543

I think it is to do with the ex rights issue (a bit like exdividend) ....might be mistaken though....I'm taking up my share...485p....cheap at that price !.

cynic - 22 Apr 2009 10:27 - 94 of 543

not yet xr i'm sure

required field - 08 May 2009 09:12 - 95 of 543

Looking at the rights issue price : my conclusion is that the shares offered were incredibly cheap....485p now worth 1100p plus.....that doesn't come along too often !.
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