Afentra Share Discussion Threads

[onedayrodders] 01/7/2024 15:43

yes a little bit of a mystery fatfish but largely irrelevant to progress

[mount teide] 01/7/2024 13:55

Where the successful execution of a management's low cost growth strategy continues to strengthen the investment case of a stock(as with AET) - it points to pullbacks as the optimum time to buy(as there is usually decent liquidity generated by momentum traders locking in profit), rather than potentially chasing the price up for often small volume, when the shareprice resumes moving north.

The chart from last September highlights well the ten opportunities that have since occurred, when it was possible to buy on a pullback, that each had a bottom at or above the 50 DMA.

The RSI is currently at its lowest point since September 2023, while the share price is sitting on the 50 DMA - a chart buy signal if ever there was one for investors like me that like to average up as the investment case strengthens. The strategy has delivered well here to date - I've averaged up 5 times in the 20's, 30's and 40's,

AIMHO/DYOR

[fatfish] 01/7/2024 13:11

At this moment it would appear, Not.
The DOW might differ, we will see.

[onedayrodders] 01/7/2024 12:58

It should capture investors who don't know the story or Afentra

[fatfish] 01/7/2024 12:52

Well, the story really doesn't tell you anything you didn't already know.
Where did you expect the share price to go. ??

[taurusthebear] 01/7/2024 10:29

Midas is touchy. :0)

[onedayrodders] 01/7/2024 09:11

Give it until end of this week... the daily mail readers also hesitate for the same reasons

[oilinvestoral] 01/7/2024 08:30

It's give you a chance to make your planned top up. Easier than you think ... eh?

[jeanesy] 01/7/2024 08:14

barely moved first thing... unusual to say the least

[onedayrodders] 01/7/2024 08:00

After a paper tip boost the share price takes a breather at some point and falls back .. probably the best time. On AIM it normally retraces a mininum of 50% of the initial increase.

So for example if we get 10% today / this week, next week the share price will be 5% cheaper.

but WTFDIK, if I was that good I'd be on my private Island by now.

ODR

[jeanesy] 30/6/2024 18:29

iwas hoping to top up this week at these prices . Wont be so easy now

[mirabeau] 30/6/2024 07:12

Well that's usually a guaranteed +10% in t'morn -

[croasdalelfc] 30/6/2024 07:11

Tipped in the Mail hTTps://www.thisismoney.co.uk/money/mailplus/article-13582805/MIDAS-SHARE-TIPS-UPDATE-Afentra-taking-charge-Angolan-oil.html

[ashkv] 27/6/2024 17:55

Very quiet here - would appreciate an AGM update. Cheers

[mount teide] 25/6/2024 10:52

Angola O&G regulator planning new legislation, in addition to further contract and fiscal incentives to encourage the reactivation of production and drive operational efficiency in assets previously suspended due to low oil prices.

Angolan O&G Industry - International Trade Administration - 01 Feb 2024

Downstream Operations:

'Marginal Projects: Many oil and gas activities in development areas were suspended when deemed not economically viable. The Government’s intent is to encourage the reactivation of these activities within development areas.

Legislation will enhance the oil and gas business environment, providing new guidance on oil and gas operations and processes that include streamlining of work programs.

The Government also plans to implement contract and fiscal incentives that will promote operational efficiency in mature and marginal fields.'

[dilip40] 24/6/2024 11:38

albert filtered

why do they clutter perfectly good boards

[taurusthebear] 24/6/2024 10:21

Another week or two below 55p and it'll be time to top up. :0)

[billy two cocks] 23/6/2024 14:00

albert35911,

Go away and do one.

Thanks

BTC

[fatfish] 23/6/2024 13:38

Another thread ruined

[albert35911] 23/6/2024 11:04

Missing you already.more misery and torment next week I’m afraid,have the mms finished with you yet.

[yousif] 23/6/2024 09:47

Albert35911
Absolutely meaningless posts.
Filtered.
I am hoping that everyone else on this board to do the same.

[albert35911] 23/6/2024 08:04

That’s your choice,missing you already.