cynic
- 21 Oct 2009 09:51
- 835 of 5505
sold some more at 108 ..... better a modest profit than none!
required field
- 21 Oct 2009 09:53
- 836 of 5505
My lowest sell of late was just over 119p....probably now going to stay put...any news at all or is this nervous investors profit taking ?.
Proselenes
- 21 Oct 2009 09:54
- 837 of 5505
.
Proselenes
- 21 Oct 2009 09:54
- 838 of 5505
http://www.portfolio.hu/en/cikkek.tdp?k=1&i=18750
Looks like MOL have commented that there is no chance, at the moment, to ever get the oil out. The Iraqi government will have to agree.
Similar situation to say Scotland (Kurdistan) trying to sell North Sea Oil without UK (Iraq) approval.
Could be a big downer on the price for some time if the rumours build and more people hear about it.
required field
- 21 Oct 2009 10:04
- 839 of 5505
I reckon this company will be taken over at some stage....the Iraqis are desperate for oil revenue.....but anyhow on any discovery it always takes about a year to get production facilities up and running...and offshore : many years...
blueface
- 21 Oct 2009 10:07
- 840 of 5505
these shares are going south fast!!--usually somebody knows something before we all get to hear--maybe they have not found as much oil or any further oil in this deep well they are currently drilling!!--SELL guys and take your profits--these shares could well go to 60-70p very quickly!--or even lower back to @40-50p--let see what happens!--my advice personally would be to get out and review situation after announcement- SELL
halifax
- 21 Oct 2009 10:09
- 841 of 5505
Best to be on the sidelines until the new Kurdistan Regional Government is sworn in.
required field
- 21 Oct 2009 10:16
- 842 of 5505
Anybody with a friend on the drilling platform ?.
cynic
- 21 Oct 2009 10:17
- 843 of 5505
have now sold all but a modest rump ..... despite today's bloodbath, i have actually BANKED a stonking great profit, or put another way, the balance i hold costs me a "useful/good profit" less than NIL
=========
arguably "paniced out" too readily, but sp could just as easily have continued ever southwards - now +/-113
required field
- 21 Oct 2009 10:41
- 844 of 5505
Strong rebound...forced me into selling some more....great profit..up it goes again...how you ever seen anything like this since VOG or ITM ?.
cynic
- 21 Oct 2009 10:42
- 845 of 5505
even so, am not a buyer at these levels
required field
- 21 Oct 2009 10:43
- 846 of 5505
If it crashed : I would be stuffed but it has made a huge oil discovery so far so it can only go down a certain amount !.
cynic
- 21 Oct 2009 10:45
- 847 of 5505
indeed, though there is an element of truth that the baghdad boys will be as obstructive as possible with regards to granting export permission
required field
- 21 Oct 2009 10:46
- 848 of 5505
We are a year away from production at least so is that a worry at the moment ? nonsense !.
required field
- 21 Oct 2009 11:03
- 849 of 5505
That drop had me worried earlier on......it might level off now....
cynic
- 21 Oct 2009 11:03
- 850 of 5505
probably more like 2/3 years, but peeps don't like uncertainty and more to the point, sp had bolted away on no new news ..... only 3/4 days ago, we would have been more than happy with sp at current level or even at 90/95
required field
- 21 Oct 2009 11:06
- 851 of 5505
I have taken some good profits in the last day or so....probably having to stay put now until this expected rns...I would hate to see the sp crash to 70p or so...aghhh...
micky468
- 21 Oct 2009 12:30
- 852 of 5505
looks like somebody is buying a lot of share at this price lots of activity going on lots of movement but no volume cynic any view on this ? or any one like to comment
required field
- 21 Oct 2009 12:41
- 853 of 5505
A bit off subject....I reckon we are heading for a dollar slump like $1.80 or even $1.90 to the pound.....and that could put the WTI (crude) up.....and that could trigger upgrades for production oil stocks....not saying I'm 100 percent sure of this but it's a possibility.
goal
- 21 Oct 2009 13:44
- 854 of 5505