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Every barrel produced is making a loss. Even with the hedge, they still need a minimum oil price of $44.
Huge debt and making a big loss every day. This could be 5p soon, even then its still high risk.
If the oil war don't get sorted, Premier will struggle to survive.
i would wait and watch the oil price.. Don't be fooled into thinking Premier is cheap.
Much appreciated, good to see that there is at least some decent people on here. It seems to be the ones with the fewest posts.
Thank you Maverick12, Merry Xmas..
How sad are some of the people on here.. Complaining to get my posts removed.. Just because my opinion turned out to be much more accurate than theirs.. This is why in all my years of trading i've never bothered with these chat groups. To many people bury their head in the sand (even now they still are) and whinge about anyone that has a different opinion to them.
All i can say is read my posts, and compare them to the idiots that criticised me. Yep, my few posts, that have proved much more accurate and realistic than the FOOLS that think they know it all just because they've posted thousands of times... Trading experience beats GOSSIP.....
Looks like 17p could be the only offer... And thats why its taking so long.... They're scratching round pleading for more...
Please Sir, can i have more,,,,, MORE BOY, did you say more,,, certainly NOT, 17p is all your getting....... Lol, Merry Xmas everyone
You can talk, your permanently on repeat, repeat, repeat, repeat. Don't tell me your another that filled their boots at 12p, and yet wants cry when someone has a different opinion to you. Leads me to believe a lot of people are not exactly being truthful. 22p for something you only paid 12p for. Hmmm.. you should be out doing your christmas shopping with a big smile on your face, instead of sulking at someones 22p opinion. Yep i'd say one or two people are telling porkies....
If thats true then you wouldn't be getting so upset when someones opinion says 22p, AND the price Only rose when they said they had a possible offer.. So your boots must be pretty small, because you had no affect what so ever on price Lol.....
Anyone that bought in at 12p should be more than happy IF they get 22p offer. Unless of course, your boots are very small, and you only really bought a tenners worth, in which case 22p ain't gonna cover your costs. Oh well, at least you can go off and post a few thousand more bits of waffle. You could probably get to a million posts by Xmas. Thats not me being unrealistic is it??? Loool :-)
Never trust a fool thats all talk. A FOOL and he's money are easily parted. I think a lot of people are still in the red, even at this price. Which says it all, because if they were so sure about this being worth so much more they would have filled their boots at 12p and been looking at a good profit now. The actual price is reality, and even the market is NOT showing confidence in a higher offer coming. Any serious trader would know that you can't say, X is worth this, Y is worth that, so Z must be worth this and the market is wrong.... NO.. the market is right, because that is what you can actually buy or sell for.
Don't be taken in by people that waffle on with all their round the houses back of a fag pack calculations.
THIS IS A GAMBLE, you may make money on this, BUT equally you could lose. Be a smart trader, not a FOOL
This company was trading at 12p FACT.. There was no rush of people wanting it at 12p FACT... They MAY get an offer above current price but it is by no means certain. This is a gamble pure and simple. And people should be aware of that. If no offer is made then this will fall back, that is the only thing you can be certain of.. Just for the record, i've traded in and out of this company for years. And yes, i'm currently in it, BUT as a pure gamble. THE biggest reason people lose money is because they get too emotional over what they have bought. And this board seems to be full of over emotional people telling themselves, its undervalued, its worth more, its worth 40p, its worth 50p, its worth 70p, hell its worth a quid, Lol...
The fact is the market didn't agree and only had it at 12p.
The answer is simple.. This is not the sure thing most people on here think it is. Never follow the heard. There could be
NO SALE, then this will drop back to 12p or lower, and people will be wishing they also sold now at 19p.
What a plonker, your the one that needs to read again, I didn't say he or anyone else agrees with my opinion of 22p.
I just said its good to see someone else that has a realistic view.
You feel its getting closer to your 30p-50p... Lol thats Sooooo funny.. Its definitely closer to my 22p than your 30-50p
You may wish to digest numbers, there obviously not your strong point
WHAT...... I DON'T BELIEVE IT.....
Is there really someone else on here that lives in the real wold,,, can it be true??
Lol, well done for not looking at this company through rose tinted glasses like many people on here. Its true this has been a dog for many years. Congrats for being realistic...
Lol oh dear, poor rhodi. You seem to think that just because people don't spend years posting on these BB's that they don't know anything. I've been trading for more years than i can remember, including this company. Maybe i'm someone that likes to spend more time trading than talking.
If people are in this at a higher price then i hope they get their 40p 50p or whatever. I don't wish anyone to lose money.
As for proper investors, they wouldn't take exception just because someone doesn't have the same opinion as them.
I think its easy to see who on here is still learning.
A lot people are re-posting the same rubbish everyday for months. (i only posted twice). Why are you so worried when someone says 22p.
Your obviously not so sure about your so called intelligence valuations eh. The truth is nobody knows what the outcome will be. 22p is a good price for a share that could only manage to trade at 12p prior to FSP.
And if all you intelligent people loaded up at 12p then your already sitting on a big profit. So why isn't everyone on this board happy already ;-)
Hmmmm?
I don't believe this is going to double or treble. A lot of people on here seem to get offended if someone has a more conservative view.. I think they're offended because they ain't really that confident in their 40p 50p 70p + valuations.
I bet none of them have piled their life savings into this..... 22p is a big premium from the 12p that this was trading at. AND a healthy premium from the 17p indicated offer. People should be happy "IF" they manage to get 22p
EXACTLY, even the 17p was not a firm offer. So stick your ffs with your fantasy 50p 60p 70p £1 fairy tales.
Ahh... are people getting upset, all because someone says your not going to treble your money.
Anybody that can't face the FACTS shouldn't risk money on stocks. There is no such thing as a dead cert.
They might get a higher offer, and you could make money, or the the FSP might collapse and there is no offer. Then the price will plummet and you would lose money. All i'm saying is don't bury your head in the sand thinking your Guaranteed to double / treble your money, leave that to the FOOLS that are getting upset.
"ColonelQuack" and any else that thinks the FSP will end with an offer at double or treble the current price should pile their life savings into it then. As for SOLG, what can i say, if you jumped in on that at 45p no wonder your praying for a miracle here. Thats down at 20p now, OUCH 50% LOSS
Nothing is ever a sure thing on the stock mkt. I'd advise people not to get drawn in by peoples wild claims. There is no guarantee a sale will actually happen. And if it don't then the price could plummet back to 12p or lower. I hope people get the 40-50p they want, but be warned, anyone buying now is taking a gamble that a higher offer will come. The ONLY offer so far is at 17p
LOL, oh dear, "bigsmoke" more like little puff of wind. I'm surprised you've got the date right, thought you might have added a few years, why not say its 30th Oct 2050 or 2060. We're soon see who's being realistic and who lives in fantasy.
"22p if your lucky." WATCH THIS SPACE
a lot of people here live in fantasy if they think an offer is coming at double or triple the current price. Get real, this was at 12p before FSP. you will be lucky if theres an offer anywhere near 22p, Stop dreaming of crazy 50p 60p 70p offers. its NEVER going to happen.