Sovereign Oilfield Share Discussion Threads

[andrbea] 16/2/2010 13:47

yes quaaishim, took a small position this week 'cause I remember its illiquidity
shot to 14p in next to no time (Oct 09)

[quraishim] 16/2/2010 13:37

andrbea...correct they have worked hard to slim their division....cap at 700k, its anybody's guess.........very illiquid stock any positive market can demand multiple of todays price.

[andrbea] 16/2/2010 13:13

read this dd. 28.1.10 (a post on iii)

based on the Proactive note of 19.1.10:

'Sovereign Oilfield Group (AIM: SOGP) said its fabrication division continues to trade profitably and generate cash'

"When you have profitability and cash generation surely the debt issue can be worked out. They have already done a lot to reduce the debt. The solutions of debt for equity or cash injection look like they would dilute current holders, but we are at such a pitiful valuation anyway! Any punt would not be for widows and orphans, as they say!"

[giantpeach2] 16/2/2010 12:41

I guess your a bit bitter rockabilly, you loose big on this or something!!

[rockabilly.] 16/2/2010 12:38

Watch out folks. Usually a spike, then goes down rapidly..just to warn you!

[ihavenoclue] 16/2/2010 12:37

Can't seem to buy any now

[giantpeach2] 16/2/2010 12:12

Only worth 700k so any good news and this will be top of the gainers!!

[quraishim] 16/2/2010 12:06

well bought 10k this morning...feel there could be some news as the market suggests.... :-)

[giantpeach2] 16/2/2010 12:04

spike upwards !!!! has news leaked.

[rockabilly.] 08/2/2010 23:42

Yep...and some didn't believe it.....but we knew!!

[solarno lopez] 08/2/2010 11:42

Remember ROCKY they heard it hear first

[rockabilly.] 08/2/2010 10:56

Yes...definately what you sit on...to cheer yerself up :-)

Spike...downwards of course!

[giantpeach2] 02/2/2010 12:20

spike will come soon but which way!!!!

[solarno lopez] 02/2/2010 12:15

isn't that what people sit on

[rockabilly.] 02/2/2010 11:11

When's the next spike then?

[rockabilly.] 29/1/2010 00:04

Don't worry peach...it'll soon be coming back down again...pump and dump, pump and dump, pump and dump

[giantpeach2] 28/1/2010 13:28

someone thinkss so!!! that buy soon made share price go back up!!!

[solarno lopez] 27/1/2010 22:29

glad i don't drink at your pub

[ffp] 27/1/2010 17:28

Buying oppo. I reckon. A bloke in a pub told me!!

[solarno lopez] 27/1/2010 17:01

good to hear from you Rocky

[rockabilly.] 27/1/2010 14:08

Nice one .....no answer jot?

Re: Current share price....told ya

[solarno lopez] 19/1/2010 17:12

that approach will get you a nasty disease

[jotoha2] 19/1/2010 16:38

Ready to pounce again when it hits my buy target ,in and out nancy , thats what makes people happy!

[solarno lopez] 19/1/2010 15:58

lets hope so for all those investors still there