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Buying shares?

What is everyone's view on FOGL now? Looks cheap at these levels..

Looking to buy into XEL going to wait and see if it drops further...
 
EOG Brilliant news Kosmos are a good entrepreneurial company and they'll be spending $200m odd drilling. EOG should re-rate big time
 
Buying Shares?

Good call s28 on EOG. My faith was wavering and the only reason I hadn't sold was because I was abroad.
 
A break above 200 day MA on volume would be a great signal. Then I'd want to see a close above that level for two days running. I see that an analyst has upped his price target to 26p which is about 200% higher than current price. With Exxon due to drill Dunquin and Kosmos also farming into AEY's Porcupine Basin licence it demonstrates real interest by Majors and aspiring entrepreneurial Mid Cap explorers.

s28 said:
EOG I'd hope for 50-100% over the next few days. I think break 12.5p the closing high or 14.25 which is the 52 week intraday high and 15-20p looks on the cards ?

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City broker finnCap says the Kosmos deal represents a major milestone for Europa which creates significant value for shareholders.

In a note to clients analyst Will Arnstein upgraded his calculation of net asset value by 37.2p to 53.4p and increased his target price to 26.7p, which is more than 200% higher than current levels.
On AIM, Europa shares were up 1.88p or 23% trading at 10p each.

http://www.proactiveinvestors.co.uk...es-irish-tie-up-with-kosmos-energy-55932.html

EOG look to be getting their remaining 15% share in Porcupine Basin valued at $30m
They also get reimbursement of past costs
If Exxon strike at Dunquin what will 15% of two nearby licences with potential billion barrels be worth ? 15% of 500m barrels would be 75m barrels at $10/bbl would be a value of $750m. Even allowing for full risking i.e. a wildcat well chance of success of 5% that should have a present value of $37.5m ish versus current Market Cap of just $20m.
Looks to be limited downside and huge potential upside on EOG now. Let alone the Shale Gas prospectivity and Exisiting onshore production and potential for onshore growth through success at Wressle / Holmwood
 
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EOG looks awesome now ....

Kosmos are the absolute masters at these Cretaceous plays...

Europa's Irish assets couldn't be in better hands, says CEO Mackay

By Jamie Ashcroft April 19 2013, 7:34am

Speaking with Proactive Investors about the deal, Europa chief Mackay stressed that the involvement of Kosmos in these Atlantic Margin prospects is hugely significant and it endorses the work the AIM quoted firm has done there to date.
“No one understands the Cretaceous Atlantic margin play better than Kosmos. We couldn’t be in better hands for the onward exploration of these blocks,” he said.
“We were inspired to take these blocks in Ireland by the equatorial Atlantic margin story, so for Kosmos of all people to now come in with us on these licences is a fantastic endorsement.
“They are recognising the potential value that we see in these blocks, and with the farm-in agreement we will now have the work programme that could lead us to realise this value.”
Kosmos is best known as the creator, or, as it says, the architect, of the Cretaceous Atlantic play concept, and as a first mover in West Africa it proved it too.
Alongside London-listed Tullow and fellow US firm Anadarko it discovered and subsequently developed the renowned Jubilee field in Ghana - it still retains 24% of the field, which produces in the order of 110,000 barrels of oil per day.
With Jubilee it pulled off the impressive feat of taking the field from discovery to production in little over 42 months.
“They regard the Cretaceous stratigraphic play as their core competence. It is what they’re looking for, they obviously understand it really well from West Africa and they’re looking for opportunities to exploit this knowledge and insight.”
As a US$4bn company, with over US$1bn in liquidity, Kosmos has got the financial muscle to move these new Irish projects forward rapidly, should exploration prove to be successful.
This could be another significant plus point for Europa investors too, according to Mackay.
“We were looking for a partner that had technical and financialcredentials, but also the strategic intent to actually go out there and get after it, and Kosmos ticks all of those boxes.
“The track-record in West Africa suggests that when they have the right technical encouragement they really put the pedal to the metal, as it were.
“What Kosmos did in West Africa was a remarkable achievement and if they can replicate anything like that in Ireland, that’s got to be good for the industry and Ireland."


http://www.proactiveinvestors.co.uk/companies/news/55980/
 
I am currently interested in trading on the NYSE. Could anyone prescribe me the procedures it would take in order to be able to trade on the NYSE from the Middle East?
 
EOG Just looks a long term buy on weakness now they have shown they can deliver and have likes of Exxon and Kosmos conducting multi year campaigns in their basin/licence areas
 
Anyone know of a decent share dealing broker who has a decent mobile app, I am currently using HSBC but they don't have a mobile app.
 
TYM is dropping, but when is it likely to bottom out. Anyhow going to buy my first batch now.
 
CCE - moving on volume and breaking 50 day MA

£2m Mkt Cap but sold an Asian JV business for £4m this week, retains US and Africa divisions which look promising. European division has been in trouble but could get rescued and costs cut, assets written down.
 
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s28 said:
PVCS - potential for wedge breakout at some point in coming weeks as the 50 day and 200 day MA form a pincer movement

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Looking interesting here. AGM next week. Cash dividend June/July ?
 
XTR could get interesting. At 0.14p it is capitalized at £3m. It owns 7.5% interest in GOS Global Oil Shale who have over 10 billion barrels of oil shale just waiting for technology to allow that oil shale to be mined. GOS announced deal this week with Neste Jacobs to collaborate in oil shale processing and plant design.
 
XTR some major pieces of news not being RNSed very naughty
 
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GCM best news for a long while

Malaysian Group, Mettiz Capital Ltd, becomes Polo's Largest Shareholder
*
Polo Resources Limited (AIM: POL and BSX: POL:BH) the natural resources investment company with interests in gold, oil and gas, coal and iron ore, has been informed that Mettiz Capital Ltd.("Mettiz") (a company controlled by Michael Tang, Executive Co-Chairman and Managing Director of Polo), today acquired 31,738,775 ordinary shares of no par value (representing approximately 11.77 per cent of the Company's issued ordinary share capital) at a price of 40 pence per share.*
*
The trade was carried out off market in certificated form and the shares were acquired from Regent Mercantile Holdings Limited ("Regent"), a company owned by a trust under which Stephen Dattels, Co-Chairman of Polo, is a discretionary beneficiary. Regent remains interested in 10,759,592 ordinary shares or 3.92 per cent of the Company's issued ordinary share capital. Mr. Tang is now interested in a total 39,218,775 shares, representing approximately 14.55 per cent of the Company's issued ordinary share capital.
*
Mr. Tang commented; "This is a turning point in Polo's development whereby the Mettiz investment group has obtained a strategic stake in Polo without dilution to Polo's shareholders. Polo has three important investments in coal, gold and oil and gas, all of which have potential to substantially enhance shareholder value in the next 18 months and as a result I consider that the current Net Asset Value understates the potential value of the Company's interests.
*
"Polo has a 29.77 per cent interest in GCM Resources plc (AIM:GCM), which owns a large scale high quality coal project in Bangladesh.* We will assist GCM in reaching an agreement with the Government of Bangladesh to obtain a "Scheme of Development" which will permit this world class project to be taken to production.
*»
 
XTR Just technically speaking (i.e. dark arts of the charts / guessing) if the stock breaks out above 200 day MA it could move quite quickly potentially to 0.5p, 1p or 2p levels
 
AGL

MrKeysersoze 15 May'13 - 12:37 - 12478 of 12485 0 0

AN is presenting at 13.50 this afternoon at BioTrinity....

I understand that there a 'more' than a few interested parties requesting to speak with AN!!

"The BioTrinity 2013 programme takes place over three days from 18:00 on May 14th to 16:30 on May 16th and includes an additional third parallel track so that we will now feature up to 100 hand-picked company showcase presentations from Europe's best biotech and medtech companies; nine key opinion leader investor and pharma panel discussions covering the choices for financing and exits for life sciences companies, whether that be corporate venture/VC/equity financing, licensing deals or pharma acquisition, discusses notables success stories and how they were achieved; and, includes interactive workshops to update you on the latest industry trends and advice, including a new "What Pharma Wants?" workshop series in which pharma licensing execs tell you exactly what they are looking for."

http://www.biotrinity.com/silverstripe/programme-35/

http://www.biotrinity.com/silverstripe/company-showcase-2/

Mr K.
 
AGL chart looking interestingly poised with the s.p. currently in between 50 and 200 day MA's

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PVCS interim management statement today. Sounds good on a number of issues. Slight price recovery. Disposal of plant with potential lower cash outflow. EU anti dumping duties vs China. Cash dividend of 7.25p versus current share price 10p. So ex-div it'll be a 2.75p share with about 7-11p per share cash backing versus a 10p share with 14-18p per share cash backing. Also a share possibly at bottom of cyclical downturn on cusp of recovery?

http://www.investegate.co.uk/pv-cry...rim-management-statement/201305170700069450E/
 
SOLO/AEX poor show from those muppets

Having said that this late news should be pretty much discounted by now as upside valuation potential was 1p+
 
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CCE - chart seems to be building nicely

Share price 1.4p. A few months ago there was idle chatter on BB's that they had 8p/share of cash. That may have depleted somewhat but they had a disposal recently to a major shareholder/partner suggesting that they retain faith in the business model and current management to deliver.

big.chart
 
Moving above MA today

s28 said:
AGL todays looks like being a big re-rating day with the stock breaking out above the 200 day MA on Volume. Will look to buy some if it retraces to and tests successfully the 200 day MA line at c.40p.

However will definitely look to buy some towards close because the newspapers should be full of that and the overnight press could lead to strong follow through buying tomorrow. Daily Mail in particular loves all these 'cancer/muslims/immigrants are going to kill us all in our beds' type stories.

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AGL really good news and a statement of intent with todays RNS re manufacturing
 
everything up in the last 6 months, crazy, 40, 50% returns common, so when is the time to get out??
 
XTR up 40% in a day

Former CEO of £200m PAF joins £3m XTR

Pretty convinced XTR will do very well going forward now. Jan Nelson the new CEO has a bit of a Private Investor fan club so a wall of money should hit XTR in coming weeks.
 
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On the cusp of a big move if it breaks 200 day MA at 0.19 ish on news and volume.

Given todays news tomorrow and the next week could be interesting if it gets some press coverage.

Imagine £200m of PAF investors money trying to get into £3m XTR.

s28 said:
XTR 3 month and 2 year charts
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Interesting thread.

I know precisely nothing about stocks and shares.

My employer keeps on asking me to put some of my salary towards investing in shares, and I'm tempted, but I'm also ignorant and suspicious.
 
my total savings so far are 7000 dollars. but for some reason i dont feel poor and dont feel the need to "invest". education itself feels like money to me.
 
XTR on the move. looks like I've got one right for a change. chart looks immense and the new CEO is the dogs apparently.
 
Read some books ?

Jesse Livermore / Edwin Lefevre - Reminiscences of a Stock Operator
Zulu Principle - Jim Slater
One up on Wall St - Peter Lynch

Are some classics I have read
 
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Anyone have any idea about OptionsXpress. Is it safe to trade on NYSE using this broker?

Plus, i am a first time investor, should I be looking at some hidden terms & conditions as well?
 
Latest RHPS is out.

Tipping DEMG and GAS.

GAS after a 50%+ move since this comment a few months back...

s28 said:
Jaspa what do you make of GAS and Haresh Kanabar ?

I see you mentioned AFR above. GAS was meant to be some LNG infrastructure play in association with AFR. It has been forgotten due to financing issues I think but Kanabar has maybe repaired his reputation with IMIC/Affero recently so is GAS worth a look again ?

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re XTR and oil shale

Some comments from a poster who seems to know what he is talking about. I remain dubious as to technology being ready and commercially viable.

It's very simple.

The Toolebuc marine Shales contain Oil.

These shales are very shallow and very defined in stratigraphy. These shales are the resource and the reservoir. It's very definitive.

All you need to do is to extract the shales and run them through a heating process to release the Oil and Gas.


The associated metals come out in the spent Ash ..these are commercial grades of Vanadium, Moly, Cu, Ni etc.

You cannot get a simpler situation on a ploy metallic play in Oil Shales.. Just like the Jordanian situation.

The Technology is now feasible and just Google Fushun Oil shales to give you an idea as to where the Oil shales are at globally.

It is no longer a "to be proved technology"..it is fully functional and Global... regardless of the previous efforts and the eco friends trying to stop it.

It is the most definitive Onshore Oil and associated metals
proposition on the planet. Think of it as a shallow coal seam that extend for hundreds of kilometres in all directions from Julia Creek. It is truly massive and sooner than later it will be acknowledged as being the largest resource of i's kind on the planet...but that's my biased opinion.

Just spend one year on the historical data and geology and then you will appreciate the ~50 year effort put into these Oil Shales in NWQ.

Truly unique and it looks like history is about to be made here...big time.

By the way IRC is not the only one with tenements in the right area ..but they are all in the potential History making region ..about time! The QLD mines dep't, Geo science Aust know it and so do a lot of others in the know.

Pity most of the investors are still confused of the difference between Oil shales and Shale Oils...not to mention the difference between coal and Oil Shale.


The Estonians know..so do the Chinese, Russians, Germans, Brazilians, Moroccans, Israelis, Jordanians and the Americans...let alone their respective governments looking for a safe and stable, National interest, On shore and strategic reserve of Oil and Gas.

It's time For Julia ..Creek that is.

Just my biased opinion

Cheers

HR
 
http://www.visiongain.com/Report/900/The-Oil-Shale-Market-2012-2022

Report Details

Global oil shale reserves are vast, estimated to be over twice as big as conventional oil reserves. With high oil prices and world energy demand set to increase continuously, oil shale offers a great opportunity for certain countries to alleviate energy security concerns and for companies to profit from the vast untapped reserves. The market is still developing and to-date oil shale is only being exploited on a commercial scale in a small number of countries. Many countries, however, are increasingly interested in advancing their domestic industry as oil shale is becoming an economically viable industry. Technology is constantly improving and an increasing number of projects are developing around the world. As a consequence, Visiongain has determined that the value of the global oil shale market in 2012 will reach $3.3bn.
 
http://www.bdlive.co.za/business/mining/2013/05/30/xtract-tasks-new-ceo-with-growth-plan

JAN Nelson has joined Xtract Energy as CEO and has been tasked with coming up with a new strategy for the oil and gas exploration firm.

Mr Nelson was the acclaimed CEO of Pan African Resources, overseeing its growth from a small cash-constrained company with exploration projects around Africa into a cash-generative, 200,000oz a year gold producer.

He resigned in February for personal reasons he has now resolved.

Xtract executive chairman Colin Bird has worked with Mr Nelson before — in the early days at Pan African — and persuaded him to join Xtract, which is traded on London’s Alternative Investment Market.

The struggling company has sold all of its energy exploration assets and investments.

Mr Nelson said on Wednesday that the company was now looking for precious and base metal prospects in Africa and South America.

He was drawing up a strategy to take to the Xtract board in two months, after which shareholders will be informed of the new direction and investments the company is considering. At the end of its 2012 financial year in December, Xtract had net cash of £220,000.

It subsequently sold some assets, realising more cash. Xtract’s net loss deepened in the year to £7.6m from £4.3m a year earlier.

"Having completed a challenging 2012, we are now in a position to look forward," Mr Bird said last Friday before Mr Nelson’s appointment was announced on Tuesday. "The board is evaluating many opportunities in the resources sector and is confident that 2013 will be a transitional year for the business."

Mr Nelson said Xtract would have to raise cash from shareholders once the plan was in place and it was considering strategic partnerships to lessen the capital demands of buying projects and ramping them up. "Xtract has limited cash resources, a small market capitalisation so we can’t go to the moon alone. We will need help." Xtract has a market capitalisation of about £4m and a share price of about 0.17p.

Gold and platinum reefs are fairly similar and Mr Nelson, a geologist by training, has long experience in the gold sector. Mr Bird has experience in base metals.

"We are looking for opportunities in precious and base metals, but we won’t go for bulk commodities," Mr Nelson said. "We don’t have any experience in those. There are a lot of options available in SA."

Mr Nelson would not draw a salary until the company was "financially healthy". He has been granted 50-million share options. "If Xtract works I stand to make a lot of money. These are the rules," he said.
 
What is a lot of money to these guys ? £5m ? on 50m options he needs the shares to go from 0.14p to 10p then !
 
XTR - going a bit bonkers today but I still think it has a lot further to go over time
 
Buying Shares?

KJ is very much a meh appointment for me. Mick-lite. I suppose the scouse t*** had to play conservative this time.
 
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