Member Info for davethechef

I took the 225K at 1.20pm. At the start of the day the spread was to sell/buy generally 0.28-0.30p; the latter price has edged up on those reasonably sized 2.5mill buys, listed as sells. 0.3195p to buy now.

Positive outlook in this recommendation, but mentions caution re: challenging market. http://www.proactiveinvestors.co.uk/companies/news/107745/amedeo-resources-set-for-key-milestone-as-first-rig-nears-completion-107745.html Cummings, in his note, highlights that YZJ is a powerful senior partner. “Even against the current malaise in the oil services sector, we believe that YZJ Offshore has the potential to succeed in its ambition to become a major offshore yard in Asia,” he added.

Write-up in the Proactive. http://www.proactiveinvestors.co.uk/companies/news/107625/amedeo-resources-eyes-recovery-in-rig-market-107625.html

According to an automatic email reply(via Amedeo's Laura Nuttall) Glen Lau is on annual leave until 8th June; I'm hopeful on his return to find out when exactly the Results will be, and I've enquired on some other points. We'll see!

Not possible to buy a Million shares, unless it goes to negotiated trade. Buys up to 500K 0.337p to buy, so a little misleading the current spread. MM's are happy to take-on 'well-over-a million shares' at 0.311p. Thanks akramms for yesterday's links; our JV partner's future continues to look very positive, but for us it's seemingly never ending, the wait for a positive update/new contract!

jeffry, this link shoud suffice! http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00007YR7%5d3%5d0%5dE0WWE%24%24ALL&Id=0P00007YR7&ClientFund=0&CurrencyId=BAS

Has it!!! What two miniscule trades! Slumber I'd say. Waiting patiently for a 'sleeping giant' though!

Quite happy to 'take-on' well over a million shares, at 0.31p; which is a positive sign lately. There's appetite for these shares. Smaller purchases to sell 0.317p. To buy 0.35p. More volume needed though, and news!!!

Explorer 1 is expected to be delivered in the second half of next year. In addition, the New Yard is ready to absorb overspill from Yangzijiang Shipbuilding (Holdings) Pte Ltd's yard, Amedeo's joint venture partner.

Yangzijiang Shipbuilding are majority shareholders in YZJ Offshore, so good to see them doing well with a very encouraging future. Plus it has been voiced by management of YZJ that they may get an overspill of business from Yangzijiang Shipbuilding, that's my understanding.

Another vote of confidence for Yangzijiang Shipbuilding. http://www.ihsmaritime360.com/article/17735/uobkayhian-recommends-buy-for-yangzijiang Now 0.287p to sell hefty amounts & to buy 0.299p. Disappointing volume; where's any news!

MM's are happy to 'take-on' well over a Million shares at 0.293p, which has not often been the case . 0.30p to buy.

Today's news, interesting possible acquisition by Yangzijiang http://www.ihsmaritime360.com/article/17706/yangzijiang-considers-rshi-acquisition

Compelling! Just need the overspill from their shipbuilding yard to YZJ Offshore Engineering yard. Just! It's establishing reputation, as Glen Lau would say. It all takes time. 'And don't we know it'! With the amount of business Yangzijiang Shipbuiding is attracting, as one of the few outstanding Chinese yard's,I remain hopeful 'something's got to give'! Yangzijiang are the majority shareholders in YZJ Offshore Engineering Pte, they would have this 'yard' now establishing itself, in its best interests and success, in the long term.

Asia's growth. Not specific related but encouraging.http://www.ihsmaritime360.com/article/17569/singapore-minister-prepare-for-asia-s-growth. Agreed, with recent posts re: very frustrating and poor of Amed to not reply to emails etc; I've found the same. But, for me this has to be a hold, until at least the end of the summer, to see what materialises, as I feel with the Explorer 1, finalising, and results due, positive news, should emerge, by then. GLA

Looks like someone accumulating, those Mill purchases, within seconds of each other, same thing yesterday at 12.45pm, and today at 3.25pm. With the free-float at a minimum, I'd be surprised this didn't rise nicely next week, on just a few more Mill purchases. The MM have allowed some one to accumulate several million at possibly a real bargain price. I get a feeling next few weeks could get interesting. Happy Easter folks

One of the tightest spread's I've seen here. Quoted to buy a small amount 0.33p & to sell 0.3225p.

My trade at 1.50pm was also a top-up! Thought 0.30's was too tempting! Now not sure if we'll get some results tomorrow, we may have to wait until end of June; however, with rig running costs reducing, 'appetite' is expected to return going into next year, for oil projects etc, and that can only be seen as positive for our offshore yard. I'm hopeful of picking up contracts on the overspill of Yangzijiang Shipbuilding's yard too, in the not too distant future.

Encouraging, once again. MM's happy to take on a mill shares; not often you can sell that amount. Something may be brewing, apart from my pot of tea, LOL! Come on AMED!

What I meant was in the next couple of weeks, before the tax year, if it drop[s to 0.30p say to buy, I may well top up half mill shares. Wasn't possible today, MM's not willing to buy below 0.34p-ish!!!