sasa43
26 Mar 2015
Apologies to our CEO... Should have typed Mr Van Bilderbeek - blame the dentist! - sasa.
sasa43
26 Mar 2015
Surprised that... Nobody's commented yet on the RNS just out; I've just got back from the Dentist to see it.Obviously good news for business opportunities this Chinese collaboration arrangement covering most areas of their activities it seems - the 10% equity stake (if implemented) bodes well for easier development funding ahead and the option for the Chinese Co to add to their stake later on brings with it other connotations, too, of course.With Mr Van der Beek still having a controlling interest here, the envisaged allotment might come from his 70% + holding possibly? (haven't checked the precise % recently) but the likely acceleration of revenues looking ahead should underpin this morning's positive upturn, at least, I'd say - sasa.
Gunnergadin
25 Mar 2015
Investor Chronicle site visit If anyone needs reminding, or is wondering what is so unique about the company, worth checking this out:-[link] a good feeling about this company in the long term.
Offshoretiger
18 Dec 2014
Oil Doomers are Wrong * Oil is extremely oversold and due for a rebound.* Oil consumption remains strong and is likely to increase thanks to cheaper prices.* Historically oil rebounds quite quickly, especially when the U.S. and global economy are growing.* Investors are overly negative on oil ever since the OPEC meeting, but production cuts could still be on the way.Ever since the November 27th OPEC meeting the price of oil has plunged by about 20% and many stocks are off by much, much more.The doomsayers and shorts are out in force now, emboldened by the weakness in this sector. There is a tremendous amount of negative sentiment towards oil now. But this extreme level of negativity appears to be very overdone. It also seems to be based on psychology, forced margin call selling, panic selling and tax-loss selling. With all these factors, it's been a perfect storm that has brought some small-cap oil stocks back to levels not seen since the depths of the financial crisis. Back in 2009, oil plunged to the $40 range, but the U.S. and the global economy were in free fall and oil consumption was also falling. The factors that drove oil to collapse in 2009 like bank failures, financial system imploding, home prices collapsing, massive layoffs, and other negatives that just do not exist today. That is why it does not make sense to be expecting oil to plunge back towards the lows seen in 2009.Furthermore, it is really important to realize that even when oil plunged in 2009, it rebounded very, very quickly (in spite of all the doomsayers back then). That is another big factor to consider because since the global economy is significantly stronger now, it could rebound sooner than most investors realize. Here are a few more reasons why this is a buying opportunity as oil is not likely to go down much more and why it is not likely to stay down for very long:Reason #1: Energy company insiders are calling the recent plunge in stocks a "fire sale" and they are buying at a pace that has not been seen in years. Oil industry insiders have seen the ups and downs in oil prices and have experienced market pullbacks before. If oil company insiders are buying en masse now, there is a good chance that they see bargains and a strong future for oil. This supports the idea that there is a disconnect between the current market price of many oil stocks and the longer-term fundamentals of this industry. Citigroup (NYSE:C<" target="blank" rel="nofollow">[link] recently made a strong case that indicates there is a disconnect<[link] between asset prices in the oil industry and the fundamentals. A Bloomberg article details some of the recent insider activity, it states<[link] is an absolute fire sale," he said. "It's an overreaction and the result is it's oversold." With valuations at a decade low, oil executives such as Rochford and Chesapeake Energy Corp.'s (NYSE:CHK<" target="blank" rel="nofollow">[link] Archie Dunham are driving the biggest wave of insider buying since 2012, data compiled by the Washington Service and Bloomberg show. They're snapping up stocks after more than $300 billion was erased from share values as crude slipped below $70 for the first time since 2010."Reason #2: Just because OPEC did not act at the November 27th meeting, it does not mean they won't act. OPEC is scheduled to meet again in 2015, but there is always the possibility for an emergency meeting at any time. Even a statement from OPEC discussing the willingness to cut production or to address "cheating" by some members who are producing more than their quota allows could cause a significant short-covering rebound in the oil sector. A CNBC article points out that some industry watchers believe OPEC could act soon with an extraordinary or "emergency" meeting, it sta
Offshoretiger
15 Dec 2014
Re: Emerging market debt and the oil pri... Good post, well noted
Offshoretiger
15 Dec 2014
Re: Emerging market debt and the oil pri... At this price buy
Offshoretiger
15 Dec 2014
Re: Emerging market debt and the oil pri... Lambrini girl I assume that was you who dumped 10,000 shares at £1.90.Well please do not try to drum up support for your ignorance and short sightedness. POS has massive support from major city investors.The fundamentals are totally sound, year on year increase in profits, in-fact profit warnings due to such improved profits.
lambrini girl
15 Dec 2014
Re: Emerging market debt and the oil pri... target 90p
tess ma dog
18 Nov 2014
Re: Emerging market debt and the oil price FrussetI understand what you say, the wellhead industry is worth 4/5billionPer year, pos has 12% of that ??? Well heads have not changed In 120 years till they came along. They have proved there wellheads Save time and money, when there subsea wellhead comes out you Will see a company transform. Ps. With your view better stick with blue chip company's. Ali
