Trading the stockmarket (NO Referrals)

Cheers, might be in before the weekend.

In other news latest MTV RNS shows we are making inroads in the USA, great news, if we can crack the states my million shares are going to make me a very happy chap!

DES up again today, rise of 8p since last Monday. Looks like interest is increasing pre-drill as I speculated a couple of weeks ago.
 
Apparently there were some late big buys of shares at 5pm today for SAR which could see the price open near or above 3.00p tomorrow.

I should have jumped out today when I had the chance but I was up early enough! :o
 
im keeping the faith with RRL

I might look at them again if they get to 30p on the basis that speculation on puntland is overegged considering all the logistical downsides.

Not sure what the bad press was, FT dont count they state no real basis

The company said there was no material information that had not been announced to the market, which may explain the sudden investor interest.

However Range did state in a response back to the ASX:

“Range recently announced a number of key milestones for the company across its development and exploration assets, including:

- the securing of the drilling rig for its Georgian exploration program;
- anticipated mobilisation of the Georgian drilling rig expected March 2011, and planned spudding in April;

- commencement of drilling at the East Texas Cotton Valley Project; and
- successful fracture stimulation of the lower two zones on the Russell Bevly well, with the upper two zones to follow later in March 2011.”

It is anticipated that further updates on the company's activities will be made with respect of its assets over the coming weeks as events occur, as indicated in the recent announcements from the company.

Range also said its executive directors have been in London on a promotional visit, further increasing the awareness and activities of Range to a wide range of the London investment community, at a time of increased activity across the company's portfolio of assets.

Volume is ok on this rise but tailing off like last time it could settle, downside target would be about 16

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Apparently there were some late big buys of shares at 5pm today for SAR which could see the price open near or above 3.00p tomorrow.

I should have jumped out today when I had the chance but I was up early enough! :o

Not seeing it..


aacc5d16.jpg


sauce??
And don't give me some ramping nobber on share chat. ;)

edit, LSE showing some 50 and 70K trades late...

http://www.lse.co.uk/ShareTrades.asp?shareprice=SAR&share=sareum
 
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Grabbed some SAR at .49 and sold some on the first mentalspike (TM) (but only at 2.8 - it took me 30min to sell my small amount!) so am quite happy :p
 
25% isn't much considering the continuous fall since January. At least its going in the right direction and April will hopefully see a nice boost. Still sitting on a massive loss with my 6.9 avg.

Didn't hold today, oh well...... My loss is from 6.8767
 
I'm split between RRL and DES at the moment, i might stick 4k in each rather than sticking all my eggs in one basket, clearly worried the latest RRL rise on no news isn't going to hold and back we go to 14 - 15p. Anything could happen with DES, but hopefully they will see a rise on rig and drill news.

Don't do DES mate, the more I read on that, the more I think duster.

If your want to invest in a FL oily, RKH is your best bet and massively over-sold at sub 300p levels and news is expected anytime from next Wednesday onwards.

Another safe bet is XEL, their RNS upgrade is due in circa 3 weeks, look to buy around 300p if it gets there and then sell just before news unless the upgrade is beyond expectations.

For those who have good nerves I can see XEL and RKH going up a lot from present levels. :)
 
When do you guys say enough is enough and get out? I'm sitting on a > 50% loss at the moment on one of my investments and I'm struggling to see a reason to keep on holding.
 
Don't do DES mate, the more I read on that, the more I think duster.

If your want to invest in a FL oily, RKH is your best bet and massively over-sold at sub 300p levels and news is expected anytime from next Wednesday onwards.

Another safe bet is XEL, their RNS upgrade is due in circa 3 weeks, look to buy around 300p if it gets there and then sell just before news unless the upgrade is beyond expectations.

For those who have good nerves I can see XEL and RKH going up a lot from present levels. :)

Cheers for the info mate, i haven't done anything yet anyways, i was planning to ride the potential DES train on the rise to news then bail out before, bit risky though. Will catchup with RKH not been invested for a while, never been in XEL so will give that a read too :)
 
When do you guys say enough is enough and get out? I'm sitting on a > 50% loss at the moment on one of my investments and I'm struggling to see a reason to keep on holding.

Depends on whether you need the money and whether they will ever come back around. 50% is quite a loss on a company that you see has no reason to keep. It must have been a fairly risky investment in the first place?

I'm very comfortable sitting on losses of 30% if they have major prospects. I'll even reduce my average and put more money in.
 
Sit on 90% if theres nothing wrong with it. 50% would suggest something big went wrong unexpectedly, check the details and look forward not backwards.
Most important is to learn the lesson, get something for your money


Dollar is rallying here, hence a shadow on the market. Chinese exports fell, more usa job claims also, as usual any recovery is wavering at best


BP taking a bit of a hit here but this is within the range Im looking for. Checking the NYSE quote as well, gives a reasonable case for this fallback then a recovery in price. I dont think this is happening on large volume, comparatively low risk but we shall see
 
Standard Life Results out today - a long term holding of mine - mainly for dividends they produce.

Despite all the below - share price plummets 7%:rolleyes:

  • Significant increase in assets and net inflows -Group assets under administration (AUA) 16% higher at £196.8bn
  • Net adjusted inflows across the Group up 46% to £8.3bn3, with long-term savings net flows up 77% to £4.7bn
  • Standard Life Investments third party assets under management (AUM) 26% higher at a record level of £71.6bn
  • Strong financial performance
  • 16% increase in fee based revenues to over £1.1bn reflecting strong net inflows and asset growth
  • IFRS operating profit before tax from continuing operations up 7% to £425m4
  • IFRS profit after tax attributable to equity holders more than doubled to £432m
  • Core EEV operating profit before tax from continuing operations up 24% to £629m5
  • EEV per share 12% higher at 322p per share
  • Cash flow supports higher investment and an increased dividend
  • 57% increase in investment for growth to £201m
  • EEV core capital and cash generation after tax from continuing operations 6% lower at £289m, reflecting growth investment5
  • Full year dividend up 6.2% to 13.00p

Nice increase in the dividends again.
 
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