Amerisur Resources Share Discussion Threads

[lucyp00p] 28/1/2019 12:39

Do you even understand taxes?

[avsome1968] 28/1/2019 12:11

Nice charts trademarter not been too far of the mark think this will all change once this weeks over with, updates should start to spin in anytime good time to buy for new investors if it retraces under 16p said I wouldn't but probably buy a few more. STRONG BUY.

[bryet] 28/1/2019 11:52

Looks like the drip drip down is setting in.

[underhill2] 28/1/2019 11:52

Those that bought in at 10p will if they sold out recently when 20p

[lucyp00p] 28/1/2019 11:21

Not on Amerisur for the tax year ended 5/4/18 That's for damn sure. I sold some to cover income tax

[underhill2] 28/1/2019 11:06

In my opinion all the selling is due to cash being raised to pay Capital Gains Tax due on the 31st January

[knackers] 28/1/2019 10:33

The bigger Venezuelan issue is that their national oil industry is completely knackered and will take at least 2-3 years to fix even with a swift resolution to the current internal political strife. Given the impact on supply of that extended outage a cynic would view as more positive for AMER.

[tradesmarter] 28/1/2019 10:13

Ive added back in this morning and over 300,000 again....selling may continue but short term pullback gives opportunity for med terms gains and whilst I may be wrong in the next few days, I'm confident in the next few months we will move forward. I'm not waiting for it to fill the gap but 16-16.5 still a possibility. My view is technical and as usual the fundies will be the driver of price and volume that will dominate.

A few charts done over the weekend to highlight why I think now is a good time to buy and await better times ahead (you already know the fundamental story and the huge investments the directors etc have already made)

Touching rising trendline and golden cross signal


free stock charts from uk.advfn.com


BIG money can be made by following the rule of buy the golden cross and sell the death cross (golden rising 50 must cross rising 200 and reverse for death cross)

free stock charts from uk.advfn.com


Now is the time to buy as cross confirmed

free stock charts from uk.advfn.com


in close up

free stock charts from uk.advfn.com


On Friday we were approaching 3 support points and I've added this morning again

free stock charts from uk.advfn.com


Buy signal was also generated on my chart at weekend

free stock charts from uk.advfn.com


Still see a huge bull flag in play (and also 3 seperate ones)

free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


Another stop and reverse signal appeared on Friday (change from sell to buy)

free stock charts from uk.advfn.com


Now the risks/Downside

We may still yet fill the gap and/or backtest the breakout line

free stock charts from uk.advfn.com


On the long term 5 year weekly view we still need to break 22p for long term bull story to become valid...20-22p big resistance hurdle till good news clears the seller (my view has always been a "steal" upto 22p). At 19/20p it was "worth the risk" selling and buying back a few times and last time top slicing but as we approach 16.5p I want to be "fully loaded"....but I'm well aware on low volume and whilst we await news the seller can take this down further unless the buyers step up to the plate. Level 2 has been weak for several sessions now, but most of the book is hidden and with spread games above 19p and many bullish indicators I've seen now screaming buy for gains ahead, I've taken short terms risk is acceptable for opportunity to play the bigger payday (some will await gap area 16-16.5p and some will chance it for 50% retrace from 9.5-20.5 at 15p...cant see it lower then there)


free stock charts from uk.advfn.com

[lucyp00p] 28/1/2019 09:11

Relax, look at the trade sizes. It's time to pay the government and some PI's need cash by Thursday.

[juuunx2] 28/1/2019 09:05

Someone dragging us down again but doubt it's being shorted with spud news imminent. Wouldn't rule out more director buys either. Maybe one last tree shake. Bloody frustrating thought we were going to crack 22p

[mad foetus] 28/1/2019 09:04

well below where the directors were buying, wouldn't be surprised to see derisory takeover offer - maybe 24p with JW given a plum job at new company?

[plentymorefish] 28/1/2019 08:29

Who are Harbour?!

[gersemi] 28/1/2019 08:24

This is either being shorted or Harbour's toying with us with his selling

[lauders] 28/1/2019 00:52

The Sharehub link for those interested:

The sentence in the piece that most holders here would no doubt agree with is: "At 18.7p, the stock has all the catalysts required to multibag in 2019... providing the drill bit delivers success of course."

[siriusbizness] 27/1/2019 21:25

Thank you Tony. Can see it now in that post. For some reason it doesn’t show in desktop view on my iPhone but it does in mobile view. I’ll have a read and digest

[tonyrelaxes] 27/1/2019 20:52

Sirius
Have you looked back a few posts?
Try post 16502 on Friday.

I'm surprised anyone following AMER missed it (its long)-
but I'm not surprised many dismissed it!

[siriusbizness] 27/1/2019 20:39

How can I see what was in the PH broker note?

[tom111] 27/1/2019 19:02

Gemlott type in Google "sharehub" its this weeks article so its easy to find.Hope that helps

[xxnjr] 27/1/2019 17:48

that was't very polite of the secretary ;-)

[kaos3] 27/1/2019 17:41

and I was thinking it was for real ;)

[siriusbizness] 27/1/2019 16:57

Can anyone share a copy of the brokers note or cut and past the key numbers please? I’m interested in what they forecast the revenue and cash to be. No doubt revenues in H2 2018 would be about 30% down given production numbers however if op costs and capex have been controlled then H2 should be net neutral. Therefore 2018 revenue up slightly, profits down but cash pile growing ($10m+)

[gemlotte55] 27/1/2019 16:34

Can you cut and paste please tom

[tom111] 27/1/2019 16:09

Over on lse Hullfc has posted an article from Share hub,very bullish worth a read