Northern Petroleum Share Discussion Threads

[bionicdog] 06/6/2011 19:09

The date of the AGM was confirmed on June 8th last year to take place on the 30th. Should be a bun fight this time around.

[valhalla3] 06/6/2011 18:42

u shud see sum ov teh chartz in me shed mostly on metle detecin n grainz nyce suni evenin 4 a few lite alez me dukz few winnaz at baff racez on fri £=#

[bionicdog] 06/6/2011 18:29

Fair enough Charles. It was the mention of the chart looking promising that confused me.

[charles clore] 06/6/2011 18:19

Bio, the old tea leaves tell me the price is too low. The reaction to the reserves downgrade was overdone to such an extent that the other parts of the business were disregarded. When the experts have done their sums properly the recovery will be fairly swift up to the pound mark, imho.

[bionicdog] 06/6/2011 17:24

What chart are you looking at Charles? None of mine indicate that.
Or do you mean a short pause for breath before heading back to 70p?
Don't get me wrong , I want it to move up as much as the next man , but cannot see it happening without a clearout.

[charles clore] 06/6/2011 16:27

The chart's looking promising boys. If I read it correctly there will be a short pause for breath at £1

[bionicdog] 06/6/2011 16:26

How dare you!

[soulsauce] 06/6/2011 15:31

UncleZeke how do you mean 'now that he has caught it'. The dog is still chasing the tail pipe and running poor old Derek a merry dance, and in fact it recently took a wazz up the side of the wheel and dumped a big steamy one in his lap while Derek changed lane for the umpteenth time.

You couldn't make it up.

[unclezeke] 06/6/2011 15:24

Alas, like the car chasing dog, poor DM has not known what to do with the portfolio of deals/licenses now that he has caught it. A suitable driver must be found - either by the current or a replacement board.

[skyship] 06/6/2011 14:23

Does seem entirely feasible to me that Tullow might decide to take out NOP - chickenfeed Mkt Cap with quite reasonable propects.

Apparently Tullow are looking to expand activities in Holland; and they would no doubt be a better partner for Shell in Italy.

[soulsauce] 06/6/2011 11:59

Final results out on 8th June last year so would assume this week probably for this years, I think Bernhard Cribbins is lined up again for the narration.

[parthus] 06/6/2011 11:41

Is this minor move up due to informed buying ..as when we went down prior to the announcement, when it appeared there was informed selling ( hindsight and all that ) or perhaps shorts closing...

The next few days will perhaps tell...

[babysitter] 06/6/2011 08:44

why no mention of Guyane in tullow's update today?

[estseon] 06/6/2011 08:39

"If any of those four start to deliver on targets they will be re-rated materially and above sector norms"

IF Shell does decide to drill, then the market will be looking at the petro-giant to deliver. That, I would have thought, will reset the NOP valuation criteria. If Shell do and if it comes up trumps, then the Dutch reserves will be relatively small beer.

My take on the situation, FWIW, which may be little, is that, previously, the share price was underwritten by the Dutch production but the Italian wildcards, whilst acknowledged, couldn't be counted until proved up.

Now, there is uncertainty over the Dutch reserves, the underwritten base is reduced, but the wildcards are still in place.

There are also the UK and Guyane assets but still awaiting proving up.

Can't see that the UK assets will make much difference but Gayane might/should put us back over £1.

So, I think that the market is waiting for Shell to take the decision. the Adriatic is a way down the road.

[bionicdog] 06/6/2011 08:31

I think that if we trawl back over the last few months posts , you will see that the opposite is true. I've been biting for tongue for quite a while in the face of some of your contributions. Bear in mind , that it's always you asking for help , not me. A smile and the occasional thank you would be nice.
I'll leave you to think about it , you can have a free run for the rest of the day.

[imperial3] 06/6/2011 08:23

bionicdog.

Correction.It was you, who was rude in the first place.

[bionicdog] 06/6/2011 08:11

Imp
I've put up with your rudeness for too long. It is you who will deserve what you get. That is a total lack of information and help from the more experienced investors on here. I cannot see why you think that you've earned the right to answers to your daft questions. In fact , why you continue posting on here rather than the other thread that was set up for folk like you is beyond me.

[soulsauce] 06/6/2011 04:40

As a tipster he would make a good road sweeper:-

TW finishes off with - Ascot, Northern, Norseman and Hambledon have real scope to be re-rated as they show that finally all can deliver on target. Of the four Ascot has slipped up mildly, Hambledon rather more, Northern a bit more and Norseman has goofed big time. If any of those four start to deliver on targets they will be re-rated materially and above sector norms. Aside from Norseman I am confident the other three will deliver within months. The director share buying at Norseman and the fact that if it does deliver the stock is cheap and chips inclines me to give it the benefit of the doubt.

[imperial3] 05/6/2011 23:40

Not a bit of it.Some people deserve what they get.

[maxk] 05/6/2011 23:38

Got a sore bum eh imp?

[imperial3] 05/6/2011 23:37

bionicdog.

You have just proved what a totally obnoxious chararacter you are. Slime like you just disappear down a gutter,and never, never come back.

[soulsauce] 05/6/2011 22:42

imperial it is a sign of Muzzers stunning success here that this site finds more to discuss about wine & beer than the company.

deal maker lol!!

[imperial3] 05/6/2011 22:27

What a pitiful bore, this site now is.All the serious posters have virtually now gone.At least Mark 1 Jag put out a lot of information,for which he received much criticism.Do these same people populate other sites with their totally useless twaddle? If not please leave now, and bore the pants off others,and only then can we talk about NOP.

[maxk] 05/6/2011 21:34

Discount wine crippling the industry, says drinks giant Pernod Ricard

Britain's multi-billion pound wine market is losing its appeal as the downturn accelerates heavy discounting, according to the owner of Jacob's Creek.


Jacob's Creek suffered a 19pc drop in volume sales last year Photo: WALES NEWS SERVICE

By Richard Blackden
9:00AM BST 05 Jun 2011



"We're facing a decline in sales in wine," in the UK, said Gilles Bogaert, the chief financial officer of Pernod Ricard, the French drinks giant that owns one of the country's most recognised wine brands. "The wine business is less attractive than it used to be," Mr Bogaert told The Sunday Telegraph.

The fragile economic backdrop has sharpened a tendency to discount in the country's £13bn wine industry that existed before the recession hit. A litre of wine fetched an average price of £6.40 for the producer in 2005 compared with £5.95 in 2010, according to Euromonitor, a research group which tracks the industry.

"It's got into a vicious circle where consumers expect a discount," said Jeremy Cunnington, an analyst at Euromonitor. "It's been exacerbated for the past two to three years," he said.

Jacob's Creek, which is made with grapes from southern Australia and was first launched as a brand in 1976, suffered a 19pc drop in volume sales last year as its average price climbed 25p to 5.15pounds, according to Euromonitor. Blossom Hill, a brand owned by rival Diageo, enjoyed a 10pc increase as it cut its average price from £4.35 to 4.29.

However, Pernod Ricard, which also owns Absolut Vodka and Jameson Irish Whiskey, insists that its strategy of preserving the premium status of a brand such as Jacob's Creek is the right one even in a market as competitive as the UK. "It has a negative impact on the volumes but that's the only strategy in the longer-term," said Thierry Billot, the head of brands at Pernod Ricard.



The rest is here...read the comments...all by dog!