Register
Login:
Share:
Email Facebook Twitter

LOGP Share Chat - RSS Feed

Lansdowne Oil Share Chat (LOGP)



Share Price: 10.75Bid: 10.50Ask: 11.00Change: -0.125 (-1.15%)Faller - Lansdowne Oil
Spread: 0.50Spread as %: 4.76%Open: 10.875High: 10.875Low: 10.375Yesterday’s Close: 10.875


Share Discussion for Lansdowne Oil (LOGP)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


geoffieboy
Posts: 1,270
Off Topic
Opinion:No Opinion
Price:49.75
Ultra
11 Mar '13
Interesting charts, another perspective. I'm still holding. Sliced 5 per cent last summer. I hope your charts and possible further retraces don't happen. Looked at LRL a while back, can't remember why I didn't buy, will have another look. But holding here for next news flow. Good luck
 
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:49.75
Trend lines
11 Mar '13
Unfortunately trend lines are often broken. Take this LOGP linear chart. You can see that the LOGP sp dropped below the trend line shown on the chart in early summer 2012 and then rose to re-test that trend line as resistance before falling back to circa 30p. That didn't stop the LOGP sp from then more than doubling in less than a month!!

http://uk.advfn.com/p.php?pid=chartscreenshot&u=kl+dYXlEc7weH1qt5XDlds4EHblD2ARtoBbIJ37eLpg=

Charts are a guide only. They can often lead you to make the incorrect investment decision.
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:49.75
geoffieboy
11 Mar '13
I'm going to post some PVR charts seeing that they have 80% of Barryroe and will be issuing the CPR. Also some LOGP charts showing a different perspective to the ones I've been posting.

This linear chart of PVR shows that the PVR sp is still above a trend line going back to early 2012.

http://uk.advfn.com/p.php?pid=chartscreenshot&u=MY+mk8xpZGpfE3emIjaUGek/Bb+d9mD4q8EJH9ehGp4=

However the PVR log chart shows a 15 month trend line broken down and acting as resistance to the PVR sp

http://uk.advfn.com/p.php?pid=chartscreenshot&u=tm27uq/1PO4e+GsH1bjRwsv68mpFQMjuzhGdoQdE2xs=

This LOGP linear chart shows that the LOGP could still have further to fall based on a trend line going back 20 months.

http://uk.advfn.com/p.php?pid=chartscreenshot&u=m7cRVixmlzARLtJsGoatPoRC8oNTxoaBJqvfCDo+KV0=

Unfortunately this LOGP log chart shows that the sp has already broken down below the trend line going back over 2 years.

http://uk.advfn.com/p.php?pid=chartscreenshot&u=RCw3DZKn7Jayif5hBhMbsgdU6CnuU1kirIoP1F8ksC8=

I must admit that I haven't as many LOGP shares as I did some months ago. I have reduced my exposure to LOGP by half. My largest holding now is LRL. All my charts look very positive for LRL as do the fundamentals.

I'm continuing to hold LOGP, but might reduce further still, perhaps down to zero if the 50 and 100 day EMA's drop below the 200 day EMA.

Unlike lander I don't moan and gripe about LOGP. No one forced me to buy the shares. If my opinion changes I will sell. End of story. No sour grapes from me. Please note lander
geoffieboy
Posts: 1,270
Off Topic
Opinion:No Opinion
Price:49.75
news
11 Mar '13
previous sp movements wont necessarily be repeated but given sp movements in days before previous rns', and provided it is good news! when it comes im sure we will be back at 60p plus in no time. also remember ii's bought in not so long ago at 55p and im certain they will have seen a lot of info before they committed at that price
geoffieboy
Posts: 1,270
Off Topic
Opinion:No Opinion
Price:49.75
lander/ultra
11 Mar '13
im in general agreement with both of you. yes last few months has been disappointing but there is surely a lot of info due which could come in chunks or as 1 big rns. my problem is i dont want to be out and miss it. im now resigned to holding pending news updates.
ultrapunch
Posts: 4,194
Answer
Opinion:No Opinion
Price:49.75
lander
11 Mar '13
Well lets see your charts then!! I've posted mine and also posted a contrary view to mine from ichimokutrader.com

Of course the LOGP sp is news driven. You would have to be a complete fool to believe otherwise. However I would hope for some kind of rise in anticipation/speculation of good news coming soon. Good (or possibly bad news) could come at any time. Today is the 11th. PVR has said the Barryroe CPR will be issued before the 31st March. Perhaps the CPR is delayed. If not then it will be issued sometime during the next 3 weeks. City traders often get wind of when an RNS is about to be released so I would expect an increase in volume a day or 2 before the RNS is released.

VOLUME is the most important indicator, IMO, lander and LOGP has been drifting down/sideways on very low volume. Lets reserve judgement on whether my opinion is right or wrong until when the volume significantly increases.
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:49.75
LOGP charts
11 Mar '13
ichimokutrader.com have LOGP as a Strong Bear since the 4th February on their Ichimoku Kinko Hyo chart.

However I'm still hopeful that LOGP is at or near it's bottom. Today the LOGP sp dropped marginally below the lower Bollinger Band, but it did so on low volume so it's likely that todays fall is only transitory and that the sp will be back within the BB's very soon.

http://uk.advfn.com/p.php?pid=chartscreenshot&u=F28i7yQp0F7p8VNO1OFZw0ZjPhbUNwQrK2/kbG+ulKQ=

However back in 2011 and 2012 the LOGP sp went below the 200 day EMA temporarily and each time the sp bounced back and approximately doubled each time in the short term. Whether history will repeat itself again in the short term is anyones guess. I'm still hopeful of a good rise from here on the release of the Barryroe CPR, but of course I have no inside knowledge so it's only a gut feeling.

http://uk.advfn.com/p.php?pid=chartscreenshot&u=krJMKDDA+3BCAaWXh4T7ygktLia8kRc4cph/env4fCk=
lander
Posts: 3,357
Off Topic
Opinion:No Opinion
Price:49.75
geoffie
11 Mar '13
my charts are showing the exact opposite,were not going anywhere positive without news,its drifting negatively
geoffieboy
Posts: 1,270
Off Topic
Opinion:No Opinion
Price:49.75
lander
11 Mar '13
come on, stop kicking someone seemingly posting useful info. are you in here? if not are you shorting this and genuinely expecting it to continue falling? if yes when do you reckon it will stop and sp start increasing again?
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:49.75
200k. £100k trade.
11 Mar '13
Reported over 3 hours late so it looks like a buy, however the trade was timed at 10.27am this morning and at that time the spread indicates this was probably a SELL.



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.