Member Info for dasv

I held a tiny amount of RVA since seeing them on working lunch... RVA claimed the thing which separates them from other ethanol businesses was their "tight fiscal control". I'm not joking. They actually said that. And then they were suspended for cost over-runs on a new processing plant. Falling re-listing they announced they'd breached their banking convents. There was a mad dash for the door and I eventually managed to get a mere 15p per share - a loss of 70% or something. Lucky I only punted £750 on them. Anyway despite the magnitude of my loss being pretty insignificant their ineptitude angers me. Many other shareholders lost more than me. The best way to play ethanol is to buy commodities which biofuel companies need for their feedstock. Namely sugar and corn - and if you really hate orang utans and rainforests (I don't) then buy palm oil. Though EU legislation may ban palm oil exports from singapore/malaysia/indonesia intended for use in bio-fuels.

Yep - that moneyweek article coincided with a return to the LSE international market for URKA. Certainly seems like a good "soft commodity" play for 2008. Worth a bash, just waiting on some paper-work to buy. Pity price can't be monitored on level 2 with TDW but you can't have everything.

PE is still only 15 - compares very favourably with larger companies like BG. and TLW. It seems people are waking up to DGO's fundamentals, growth prospects, attractiveness as a takeover target and their sound relationship with the Turkmen government:- LONDON (Thomson Financial) - Dragon Oil PLC said it hit a new gross production record of 40,038 barrels of oil per day on Dec 31, exceeding its internal target rate of 40,000 bopd by 2008. The company said this success is due to the completion of tests on the Dzheitune (Lam) A/123 development well, which is now on production yielding an initial combined flow rate of 3,284 bopd. Chairman Hussain M. Sultan said the board looks forward to 2008 with continued optimism. He added that the company recently concluded "a very positive meeting" with the president of Turkmenistan which bodes well for the company's plans to utilise the considerable gas resources contained in the Cheleken contract area. Dragon Oil also said the 'Iran Khazar' rig has now moved to spud a further development well -- the Dzheitune (Lam) A/125, while the 'CIS-1' rig is currently completing the Dzheitune (Lam) 22/124 well.

very impressive.

Confirmed its gazprom knocking:- IMPERIAL ENERGY CORPORATION PLC ("Imperial Energy" or "Imperial") Re: INDICATIVE PROPOSAL FROM FINANCIAL INVESTOR Further to recent press speculation and at the requirement of the Financial Services Authority, the Board of Imperial Energy announces that the recent unsolicited indicative proposal was from Gazprombank. As previously announced the proposal is for the subscription of newly issued shares which when issued would represent up to 25 per cent. of Imperial's enlarged issued share capital at an indicative price which is at a discount to the prevailing Imperial share price as at 1 November 2007. The Board of Imperial Energy is currently reviewing this proposal and there is no certainty that any agreement will be entered into.

like a coiled spring ;)

the sp dropped because the market has bipolar disorder! Profits up, margins still extraordinary, another acquisition (although they claimed they wouldn't make a further acquisition in the summer for a while). I look forward to rising revenues from the incorporation of Zantaz. I bought in immediately after the drop, at 899p - level 2 turned on a sixpence. Looking much stronger yesterday and today.

ENT? Are you joking? Don't make me laugh... Oh you already have. :D

Afraid didn't get onboard on time. I'm at the shore watching it sail away. Perhaps I'll hop aboard at the next port.

sorry busy and no level 2 here. This is a major deal no doubt for SOLA and yes it's four years production bought up at a stroke. They will be flat out expanding to meet demand. Should have held and should have bought more at 280 that day. Would've, should've, could've.

SOLA to provide suntech with 510MW of photovoltaic cells starting Jan 2008. Even more gutted about that stop loss now.

yes - I think it is a good time to be in oil companies. I'm currently looking at some for my ISA. Tullow and BG. I have plenty of oil punts with a fair dash of political risk and fancy something a bit less speculative. I am happy to keep holding DGO however, as a combination of big reserves, growth prospects, reduction in political risk and being a potential M&A target make it quite appealing. I wish IEC would follow suit. My favourite junior is MTA, also have PANR for gas, a fair whack in PET and am awaiting positive news from MXP (this will probably re-list lower following suspension:(

thanks for the link Chan - yet more promising developments from RCG.

The positives for this share are the valuation, the growth possibilities, the fact it's legislation driven, and that it's low beta. The downside is it's under the radar, thinly traded and unglamorous. I am happy to hold. MKM is even cheaper with potentially faster growth prospects due to an acquisition strategy (though it's an entirely different sector).

You did well to get out unscathed. CEY is at a peak currently, FTSE's had a good run, and it is fairly priced already - I'm keeping mine for now because I have a 35% cushion of profit, but I wouldn't T trade CEY at these levels.

takeover or contract on the cards? I top sliced my profit on these (amounted to £1k) just for fun from 28p. Something is afoot - I wonder what...

Yes not much detail though unfortunately. I'm hoping the international expansion will be the key to sp growth in 2008. My rationale for holding this is that luxury goods are not bought on credit and that a function of capitalism is that the rich get richer and the rich love diamonds :). So far since buying back in the spring the sp has bumbled along after getting a bit ahead of itself on M&A rumours. It will be interesting to see what if incoming CEO changes what looks like to be a sound strategy so far.

I was frustrated with TDW when my stop loss got triggered on MXP when the sp was substantially higher than the stop price. I wasn't convinced by the "explanations" given and denial of blame, but ultimately I was re-imbursed as a gesture of "goodwill". I hope you will also be re-imbursed - I got the impression they really didn't want me to walk to another broker. My only other experience is with Hargreaves Lansdowne (used them for phone execution - pre-internet, and I also use selftrade for my ISA because their ISA fees are so small £25 per year including my PEP. can't say fairer than that. Their site ran out of either server capacity or bandwidth during heavy trading on NRK, they do not offer T trades and haven't used them for level 2 yet. Other than that no complaints. Trading system is snappier than TDW though.

shares down.

Price rising on no real news. Bought in last week at 259 - is this the aftershock of the bid on Burren?