Member Info for philpot1001

I'd say so - however there is increasing negative sentiment in the construction industry (seemingly due to brexit negotiations), so I wouldn't be overly shocked if this went to 1160p. Guess it depends on the Brexit negotiations, if we get a sniff of a deal, this will spike in my opinion, along with a lot of other shares.

1200p is a crucial support line for us I think. hopefully it stays above it. Just seen this on BBC news, some good news some bad - essentially construction picked up a little in Sept, but there are concerns brewing............TBH, with the housing shortages we have, unless Brexit causes an economic cataclysm I think it'll be ok here..........I have some more money coming in Jan, ill assess the SP here then and top up if I feel its cheap. UK constructors return to growth UK construction activity unexpectedly grew a little in September, but confidence among firms in the sector fell to the lowest level in nearly five years.

unfortunately there is a massive disconnect between brokers and reality at the minute. Looking more like 1160 than 1460!

Thumbs up Bermondsey!!!

maybe also regarding the upcoming legal disputes, whether we are entitled to an RNS of dates for court cases and whether we are entitled to know what injunctions have been applied for v's upheld / bounced? Maybe wishful thinking though

surely SO needs this well above 1p to make the next placing to extract some cash? You would have thought all he has to do is say we are producing, flow rate is now #### bpd.

I'm currently under water, but nowhere near as much as a lot of folks. I think its easy to panic when you start seeing large red numbers, but for me I genuinely believe as soon as the El Nino effects wear off production figures will start hitting record levels again and investors will start coming back. That said the BOD really really screwed up trying to mislead investors, and they are currently paying the price. Please don't try that again Lincoln! I also think we investors are a bit more realistic now than we were, and talks of >30p SP are frankly fantasy until 10years + down the line......but im happy to wait and take the dividend.

Not that it really matters, I think we're all agreed, crude is up! :)

Having said that I'm not sure what Nigerian oil is classed as? Brent or WTI? I'm assuming Brent is only north sea basin

I was specifically talking WTI not Brent ... not much Brent in Nigeria ;)

I for one am looking to buy an elecy car as my commuter in Jan (Prob a 2nd hand Renault Zoe as they are cheap as chips and decent range on them), do my bit for saving the planet and all that, as well as contributing to cleaning up Nottingham and Derby!.......As for this SP with oil now near 55 dollars, this should be well above 1p IMO, judging historically more like 1.5p!!! Grrrr

The annoying thing is it was trending back towards 10p before they announced the accounting balls up. I'm resigned to sitting under water until Q1 2018, however, assuming the plants have recovered by then and we start seeing the production figs we all expect, this could move swiftly nearer that time. Until then, I'll just sit tight, and whenever I have the finds available ill top up.........however, I already topped up at 9.88p, so my next marker will be sub 9p.

if I had any cash lol ;o)

Barclays has apparently issued a downbeat assessment on builders today, based on the fact they have grown a lot in 12 months. Fine for builders who's SP is up loads in the past 12 months - this is DOWN 25% from its 12 month peak!!

TT you seem to know an inordinate amount of detail about Norpalm and the region, you don't work for them do You? Would explain a lot.

Whilst its true everyone starts out with zero posts, I personally regard anyone with negligible history with a wary eye - trust is earned, and I trust all the regulars on here, Rivaldo included.

Troubling times, you seem to be calling us out over on ADVFN claiming some of us on LSE are working for DKL? Exactly which of us are you making that claim against? All of us on here have several thousand posts, and been through the thick and thr thin, all of us also have holdings elsewhere, and I would consider all the regular here as genuine....as far as I can tell you are the only one who appeared with no history and with a potential ulterior motive.

Limp not limo

You have to say that based on broker ratings this is grossly under valued, but sometimes the market is just sour on a share for unknown reasons. Maybe spooked by interest rate hawks, construction sector looks a bit limo too nationwide, but GFRD still seems to be getting lots of work so I think they are pretty unaffected so far. Plus their Linden homes are creaming it at present. I think a long term hold should see 1550p, but don't think it will be until early Q1 next year after the final legacy contract finishes.

Sounds good Riv!!! Yeah for some reason my phone's spell checker has decided you're a footballer lol ;0)