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Having a clear out. I used to print out and keep all my transactions. Looking back, I've been in this share for over 4 years now. Sold half my stake @ 14.8p and a large chunk in the low 30s. Entirely out now as I need the cash. Interesting looking back on all of these and where they are now.
Almost all that are higher than when I traded out of them were cash-generative at the time. Many of those that weren't are either languishing way below or no longer with us.
stuck in here from 6.75p. Q2 results should be due with the week. Always been looking for low teens here.
since 6.75p. Great to see a bit of movement again as I never really sold any on the peaks. Always been aiming for low teens here. 1st quarter report should be here in less than 2 weeks.
about 22p and sold for almost the same amount as it just didn't seem to want to move. I guess value shows through eventually. Best of luck all.
Seems really under the radar this one. Not bought in myself as there were a few things I didn't totally understand on the finances at the time. I'll take a better look now though. All the best, there's some good people in here. Seems like it needs a bit more publicity and volume?
A-Trades went a bit crazy at 237, so bought a few there with a tight-ish stop. UT a penny above last trade and 77k volume seems pretty decent. Hoping for a rebound tomorrow.
just gone through. £580k @116p 15:24 - reported about 16:24 I'm assuming it's someone been accumulating as it's right at the top of the range? I'm no expert on SETS though...
http://www.bbc.co.uk/news/world-europe-33518131 Still think this is a bargain here. I'm just trading it atm, but looking to build a stake when Capital Group is gone.
Are and have been selling down. They manage huge amounts of money and could be any number of reasons why their selling, risk management on oil, balance of sectors etc. They have 5,8% left to sell. I bet when that's gone it rises pretty quickly. Another few weeks I reckon.
To have tracked the oil price recently. I think capital group are selling out too. I'm in at a 117.8p avg. Real potential, but not sure I want to risk holding much at the moment. It's pretty near my stop.
Pretty resilient to stuttering oil price. First production scheduled for this summer.
Like a wooden trampoline or a ceramic bouncy castle.
No offense meant, but putting boom and constant commentary on the % rise smothers any decent posts in noise. I don't mean to be a dic, but I just find it a little annoying.
You mean 15k-20k tonnes per year?
Just scribbles: + Short-term drivers: First production scheduled over the coming weeks/months of onshore well. Otakikipo 200 million barrels P50 in shallow water block. Needs test drilling, due to commence soon. Negative sentiment from Afren (also operated in Nigeria/had shared interest with LEK) - may mean this is a bargain? Also January resource upgrade didn't have decent positive impact. Chart primed, just passed golden cross - break of 26p needed? Liquid - can put in guaranteed stops Small director buys - sometimes a bit suspicious of these Low debt ($3m) - $50m in bank at Jan 2015. Bridging loan provided for development of Otakikipo. Lost $11.8m last year. Minimal worries regarding placing etc. CAPEX for phase 1 only $35m - Expecting $25m revenue rising to $50m when phase 2 on-line FIL buyer of stock Low cost producer. Profitable at $40 a barrel - currently $60 - Falling oil - nervous about having too many oilers long. Risks of operating in W. Africa Blackrock selling up to July 2014 @60p - still hold and not selling below 60p I don't understand the Director loan. Did the director lend money to LEK? - Could be a positive.
the overhang's clearing. Book's a lot stronger and only a few available <1.3p Targeting 2.2p if it holds the rising support. GLA http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=2bk8pbl9su94i4qgp0aupbsng&type=png&purpose=share_twitter
Sorry wrong board :-/