Amedeo Res Share Discussion Threads

[davethechef] 17/11/2016 11:13

Bid 20p Ask 22p now after that 10K Buy

[howdlep] 16/11/2016 08:34

Cannot buy online but can sell 35k @ 19p.

Time for the MM's to make a market!

[howdlep] 15/11/2016 14:38

DaveTheChef,

Yes watching potential yard developments with interest.

Chart wise, a nice healthy retrace which allows some to move on.

However, now (after two buys) you can only buy 1500 @ 20.98p

but

you can sell 25000 @ 19.11p

Next move up coming...

[davethechef] 15/11/2016 12:21

Presently about 19p to sell & 20.75p to buy. Not possible to buy more than just 10K of shares unless it goes to NT. Although you can sell up to 20K of shares for near 19p
Even if we don't et the Rig sale news before the end of the year, we should be getting an RNS as follows; Next Event 31/12/2016.
Next year end (to be reported) as this website suggests;
hxxp://tools.morningstar.co.uk/uk/stockreport/default.aspx?Site=uk&id=0P00007YR7&LanguageId=en-GB&SecurityToken=0P00007YR7]3]0]E0WWE$$ALL
(which has been correct on timings before, give or take a week) This news intrigues me as I get a feeling, we finally might get an announcement on, a varying future for our Offshore yard, which may include going into LNG & Clean Energy Vessels. Ren Yuan Lin
Yangzijiang Executive Chairman has muted this over a year ago, for our Offshore yard(which I posted the link here roughly a year ago) and again mentions it again in this August dated web link(look under Outlook) although doesn't mention specifically for our Offshore yard.
hxxp://www.nextinsight.biz/index.php/story-archive-mainmenu-60/938-2016/10885-yangzijiang-navigates-nimbly-through-choppy-waters
It's difficult times presently, as we all know, and that's reflected in our lowly share price & Mkt Capt but one feels things could get interesting over the next few months.
Agreed, Iron Ore prices & commodities in general have risen nicely this year and should have benefited our 49% interest in MGR Resources.

[deepvalueinvestor] 10/11/2016 14:15

Very difficult to price this one so I trimmed at 23p. The shares remain very cheap so I am probably wrong but needed some funds for another corporate action. Good luck everyone. Interesting times.

[blueball] 10/11/2016 13:41

Cheers howdlep nice charts.

[liberace pickles] 10/11/2016 13:13

CI - watch out for a poster called Professor Pettigrew who will try and trash your excellent thread.

[oilbuy] 10/11/2016 13:10

10/11 M free float

[knicol46] 10/11/2016 13:08

the 4 mm's cant decide where to position themselves lol

[chinese investor] 10/11/2016 13:03

33p Soon !

[oilbuy] 10/11/2016 13:02

Market cap 8M

[oilbuy] 10/11/2016 13:02

Going to 40p before news

[chinese investor] 10/11/2016 13:00

Goodness !
What A Day I'm Having !

[knicol46] 10/11/2016 12:55

mm's cant keep up with demand - 28.5p on book - only 4 mm's!

[oilbuy] 10/11/2016 12:53

Here comes the news

[chinese investor] 10/11/2016 12:43

I topped up this morning !

Send from the Pub !

[cpap man] 10/11/2016 12:40

Yes howdlep with a c&h to come perhaps?

[howdlep] 10/11/2016 12:26

some might say a nice saucer bottom...

[howdlep] 10/11/2016 12:14

blueball,

You may well be right.

Below are the 1,2 and 3 year charts, showing the golden cross you quite rightly mention. The 2 and 3 years also adjust for the 100:1 consolidation, allowing chart targets to be considered more easily.

One Year


free stock charts from uk.advfn.com


Two Year


free stock charts from uk.advfn.com


Three Year


free stock charts from uk.advfn.com

[blueball] 10/11/2016 11:48

I reckon 25p today.

[howdlep] 10/11/2016 11:44

premium buy for just 9977 shares...

[blueball] 10/11/2016 09:35

Remember the golden cross last week.

[howdlep] 10/11/2016 09:10

MM's have to attract sellers. They can drop the ask and hope people take profits or they can raise. If or when a new contract is received, there will be huge intra day swings in this stock. To a lesser extent, we will see the same with the rig delivery RNS. In both cases, there will be a gap up at the open.

[chinese investor] 10/11/2016 08:59

I had a "dinner party" last night and every guest said they would be buying this beauty !