Share price
4 Apr '13
What PI would sell out at this level, makes no sense!
tcan54Posts: 53
Off Topic
| Opinion: | No Opinion |
| Price: | 140.20 |
steba
3 Apr '13
Production from Kurdistan is small i believe, they can pump more out but only truck it, the last results for flow rates were fantastic, they did not include the oil from there in the rns for last years results.
Big key here maybe the peace agreement that seems to be coming between the kurds and the turks, pretty sure the pipline will be done then, money talks, also with genel involved the oil will be exported, when, who knows, i hope this happens, one, for peace, and for all the oilies in kurdistan i also have shares in gkp, not loads, same as afr, but feel sure that one day they will both be worth alot more. Afr have had 2 good rns recently and then the sp drops, so, same as last year!!! One day.
StebaPosts: 579
Off Topic
| Opinion: | No Opinion |
| Price: | 139.30 |
tcan
3 Apr '13
Yes I used to post here last year but sold out at about 134p I think. It seemed typical that it soon went up to 162p as soon as I sold out, I really thought it would keep moving up from there.
What is the situation with the Kurdistan assets now? Are they producing any oil or is the Iraq Central Government still causing problems for oil companies in Kurdistan? That asset alone is worth more than the market cap of Afren if only it was not badly restricted by Iraq.
I think Afren is one of the most interesting shares I have looked at, the potential is enormous and you would think it is a brilliant target for a takeover attempt but desprite so much talk of that happening nothing ever comes of it.
tcan54Posts: 53
Off Topic
| Opinion: | No Opinion |
| Price: | 140.90 |
steba
2 Apr '13
Think it will go like you say, worth more, nice to see you back, think you used to post before, your comments are always good.
StebaPosts: 579
Off Topic
| Opinion: | No Opinion |
| Price: | 140.90 |
Jarnel
2 Apr '13
Yes I think most people who have followed Afren see the huge potential, so much good happening but the SP just stays in the same range. In Feb 2012 we saw this at 131p and thought it was going to rocket, I would never have believed 13 months later its only on 140p. The profits are impressive, the production of oil is fantastic and ever increasing, the portfolio of assets is superb. I am convinced this share will rocket, but when?
casinoPosts: 331
Observation
| Opinion: | No Opinion |
| Price: | 141.80 |
Oil & Gas M&A set to take o..
31 Mar '13
Excellent article in the South China Morning Post by Eric Ng yesterday.
m.scmp.com/business
acker1977Posts: 4
Off Topic
| Opinion: | No Opinion |
| Price: | 144.00 |
Jarnel
28 Mar '13
Bought in originally in Nov 2010 on the back of a tip from a mate of mine who works offhore Africa maitaining the oil lines etc who reckoned this could be the next big thing and have been topping up ever since. Still sitting on a fairly good profit as made the most of the lows 12 months later. Could get out now but I'm sure this is due to take off as I have been for the best part of 3 years... Everything suggests a multi bagger, but something keeps holding it back and the baffling nature of the sp only seems to add to the intrigue...
RamazottiPosts: 67
Question
| Opinion: | Strong Buy |
| Price: | 143.60 |
dont give up
27 Mar '13
The only way for Afren is UP....surely
tcan54Posts: 53
Off Topic
| Opinion: | No Opinion |
| Price: | 143.60 |
sp
27 Mar '13
One day this will go, it must, thing is when? should be over £2 now, dont give up on it.
JarnelPosts: 1,967
Off Topic
| Opinion: | No Opinion |
| Price: | 143.60 |
acker1977
27 Mar '13
how long have you been in AFR? This damn share never seem to give the SP promised. Look at the SP March 2011 vs March 2013. Stagnant. This has been the pattern for as long as I can remember.