Member Info for OilyPete

Ok, lots of shares to look at. This one is still a bargain though :o) I will be interested in how EDPR especially will be sending work this way after the sale is agreed. Big contracts to come although at present speculation could come as part of the cheap deal soon. Steve Remp seemed to be excited about these flat pack subsea steel jackets for the turbines didn't he? Nudge Nudge.

Ok mate. I have had a quick look at them. They are your typical minnow mining company which take years to start generating revenues. What I meant when I said "bargain" was looking at shares that will go up quickly after being oversold as is often the nature of AIM. Others which have been overbought are the opposite and likely to go down after the hype has gone as in NEW yesterday and LED today.

The tides coming in again it appears. Small volumes but 4-1 buys vs sells is looking good. Show me a better bargain on AIM at the moment, I can't find one.

(subtle deramp allowed)

Down another 6.86% to 32.25p on the day after quote "a deal made in heaven" according to Steve Remp. You useless Scottish git, Jesus H Christ, I could have got a better deal than 50 million by forcing them into administration! Och Aye!

The bottom is reached when nobody can be ar$ed selling these at a loss anymore, which has to be pretty close now considering these where 40p since the end of March and before that around 25p since August 2010. Amazes me how some shorters can expect 22p after this news and what is worrying about AIM is that they could be right!

You are right there mate....for now :o(

A 27% share holding in LOGP which is worth another 5 million.

Of course, I could have sold them last Friday at double what they are now. That is my fault of course. I am getting pretty sick of the Bull that goes on with AIM shares where traders and MMs seem to have to the controlling say as to what the SP should be. Time to rethink.

SP shows the market capital now to be around 22 million which is 5 million less than the cash they have and with no debts! Well done the BOD of SeaEnergy for coming up with a deal which rates your company at a 20% discount to your actual worth! You will have to go cap in hand to the banks when needing more money and explain that one LOL!

SP just dropped 10% a few minutes ago and now 31-32p. Fun and games going on here now. Share holders including me are obviously very upset that they did not come out of this sell off in profit and are prepared to dump these and move on. Are you watching these Steve Remp? You see what pi$$ing off investors does?

All I can say is that we are in the hands of Steve Remp now and his plans to make the new company a success. "A deal made in heaven". Time will tell. http://www.proactiveinvestors.co.uk/companies/news/29037/seaenergy-boss-remp-lauds-deal-made-in-heaven-29037.html

A 47% drop on the RNS that we have been waiting months for! A very poor result for the shareholders but one that in Remp´s eyes has got him the deal he needed to expand the Marine Energy business. Let´s hope he is right. The shares are unbelievably cheap now and hopefully will be mopped up by canny investors at some point. I think 55-60p is a more reasonable price now.

SHANTY........... Once again for good luck, SP increase today looks suspiciously like news could be due tomorrow. I wonder.... http://www.youtube.com/watch?v=DxtpRXGpWmw&feature=related

Yes, it´s a tough one. No doubt there will be a lot of people getting out of these on the news after the spike....however, time will tell when they can concentrate on their new business model as to how much more they can grow the value above and beyond the cash amount they should have in the bank. I believe they will do very well and maybe double in value again in a year or two once the sale is complete.

Just been paid

http://www.rechargenews.com/energy/wind/article257367.ece

FTSE up 1% and SEA up by 4.3% ;o)) Recent news that is likely to boost SeaEnergy´s new business. 1. Germany......... http://www.todayonline.com/World/EDC110531-0000076/Germany-to-go-nuclear-free 2. China............... http://www.renewableenergyworld.com/rea/news/article/2011/05/china-faces-ip-challenges-in-drive-for-renewables 3. EU Funding.... http://www.icis.com/heren/articles/2011/05/19/9461248/uk-market-reform-risks-denting-short-term-investment.html

Me neither! But wait a bit for the SEA to come in first

Good profits......... http://investing.thisismoney.co.uk/cgi-bin/rns?username=&ac=&action=news&rns=1&view=full&story_id=4254877