Member Info for goldy7

£2.25 close tomorrow

Bid target around £2.75 - £3.00

5-8% up

Pierre Andurand, the founder of the $615 million Andurand Capital Management who correctly predicted the slump in oil prices, said the commodity has probably hit bottom and will end the year higher. The price of oil will probably rise to $50 a barrel this year and $70 a barrel in 2017, though investors should expect heightened volatility along the way, he said Friday in an interview on Bloomberg TV. "We are in a world where we see very low prices followed by very high prices," Andurand said in the interview. "I actually think it has bottomed."

Oil has ‘definitely’ bottomed: Vedanta Resources As crude oil prices rally back above $30 per barrel, the chairman of Vedanta Resources told CNBC that the only way was up for the commodity. Read more: http://www.cnbc.com/id/103324859

Back in FTSE 100

Pension funds hold stocks in mining and oil and this going to affect lot of normal people - we are truly heading towards recession what govt need to do ban on short trading.

Right issue soon what Glen did raise money at right time

http://bloom.bg/1LEOZYV

meeting this weekend to discuss cap on copper prices so ved can easily achieve £5 end of this year.

Price to buy £5.50

, Morrisons (LSE: MRW) may have struggled in previous years, but is expected to post a rise in its earnings of as much as 20% next year. This, when combined with a P/E ratio of 16.1, equates to a PEG ratio of just 0.8, which indicates that share price growth could be on the cards over the medium to long term. That’s especially the case since Morrisons remains a sound income choice, with its yield standing at 3.4%

I think £2.50 is fair value if they do get take over offer its my opinion only & what do you think

Bid is going to be in excess of £2.50

Deal may be announce with interim results on 10th

His name is King Salman. He's the new ruler of Saudi Arabia. And he could soon make the lives of millions of Americans quite unpleasant. You see, over the past two years, the U.S. has slashed our oil imports from his country. In December 2013, we were importing some 1.5 million barrels a day. A year later, we cut that number nearly in half. What's worse… The increase in American oil production has led to a 62% collapse in global oil price. It has obliterated the Saudis' profit margins. And they aren't happy about it. According to The Oxford Club’s Resource Strategist Sean Brodrick, Saudi Arabia plans to strike back. And the weapon King Salman uses in the coming weeks could trigger a global economic shakeup on par with the 2008-2009 financial crisis

Well said

and granto note - reply received Thanks for your emails. The details of the Petroleum Law in Tanzania have yet to be made public so I will hold judgement on that until we know what it says. As I have said before, we are well financed, have a clear strategy to deliver long term value and are focussed on that. Whilst the sector is clearly out of favour at present our job is to put the company in the best position to take advantage of an eventual upturn.

Rubbish cash rich company - never know may be AFREN PART 2

Must be reason behind nearly 10% decline.