Member Info for mono51

This a short term thing and will turn around once supply is reduced which it will be soon and demand picks up which will also happen but not as quickly. Not good for oil companies etc in the short term but with petrol etc falling this will reduce distribution costs and leave the consumer much better off which should in turn fuel ( excuse the pun!) spending and growth. its an ill wind and all that!!!

lets hope for good update tomorrow but as markets down generally it may not result in any meaningful uplift unless the update is exceptional.

think this is a long term hold as given current negative market sentiment and china slow down etc it will be awhile before it makes any significant positive move but it should do once the outlook improves. Hang in there i guess!

been moving down recently. Anyone know why?

Positive news as Investec havd upped forecast and from 2015 they will selling some of their products directly so higher margins and yet price falls?? Probably profit taking. Lets have some more of Singer/Finn Cap downbeat forecasts to get the price up again!!

markets way down but Merlin up which is good news but why??

strange day as way down earlier on and now up alot. Then again it is EXI!!

All provided for on the balance sheet so no hit to profits and we move on and upwards!!

Not sure why. Sept production was up circa 500 barrels a day v august but nothing spectacular. Not huge volumes being traded either ?

big fall today. Must still be to do with the EIG investment? Not received well? Oil prices falling as well which makes it a cheaper option???? Still think this is a good long term investment

Agree that margins much better on small tools and non operated plant. But how much of Speedys mix is larger operated plant. It cant be more than 10% which should not dilute earnings by that much. Theymay have to do the bigger stuff to win bigger contracts but the bread and butter will always be the small tools etc from their nationwide branch network where demand is strong and they can compete with the small local players due their huge purchasing power. Definitely not heading for the 50's more like £1 but over time.

Take a step back and what do we as investors believe about Speedy. Its had its problems but seems to have recovered with a new management team and focus. Demand for plant and tools is high and so fundamentally the business model seems robust. We all want it to succeed and get back to 100p soon.

Finally they are starting to get real and have upped forecast from 486 to 611 but still say a sell. Come on and admit when you are wrong. SP still rising so please keep these forecasts coming in

Such a huge fall and i understand alot of it with the huge china exposure but this has not become a basketcase . this is still a decent business and current price must represent good value?? Am i missing something?

still falling but surely not much more

As with Afren. Its a risky area but if there is alot of oil there then eventually the true value will be realised even if oil goes to $80 a barrel.

being heading south recently despite all the good news???

Anyone know whats the reason apart from general market decline?

See Singer at it again with stupid forecast. Who are Oriel Securities? Also saying a sell at 545? Deutshe Bank increased their forecast to 745. At the moment Mr Market seems to believe the higher end forecasts and recent trading updates also support these higher valuations. lets see but i believe this one will be snapped up soon by one of the big boys!

Over reaction ? Buying opportunity ? What do we all think?