jamesmaggs3 Dec 2009 10:59
I wouldn't get in to PYM at the moment. It could indeed be another CSLT, altrhough it has a big upside eventually.
Reading the Annual Report, (which is very informative), I can't see any major news until early/mid next year, so I'll be watching and waiting a bit longer.
Jarvis are another frustrating share to hold. As with HAWK and CHAR and indeed CSLT, it SHOULD do better, but never quite seems to. I thought they would take off earlier this year with the news of the EON coal hauling contract, but it soon fell back. Don't really know that much about it currently. There is talk of a new line from London to Bristol, so there may be some benefit for them there.
The best 'Falklands' punt would actually be FKL, the operating compnay for the Islands. They will win whichever way it pans out. Regarding the oil companies, I would go for a 4 way split. I'm sure thay will all do well, but a 'scatter gun' approach would be safest. Or maybe the best option would be to get the most shares for your money by going for the cheapest, Rockhopper, who, being North of the Islands, have one the easiest areas to operate. There is a very good case here for spending time looking at the different websites and looking at each company's prospects. It is certainly good reading. Just wish I had more spare cash. DOO aren't DOOing me any favours at the moment. Thought it would be a quick 'in / out', but it's turned into a long haul.