Aoi (Regs) Share Discussion Threads

[thelung] 13/12/2012 17:31

This is looking more and more like its not just Pai Pai that's sub commercial.

[hacb] 13/12/2012 17:27

juju,

Might i ask what makes you think this is a dog, other than the fact it has fallen 30% + in a matter of weeks? What is your reasoning behind the drop, and can it be supported? Please, all facts/opinions welcome.

Hacb

[juju44] 13/12/2012 17:18

TIMBER - another dog bites the dust

[knackers] 13/12/2012 16:57

Marty I would say near to $4 as your target for 're-entry'. The technical pic has broken down and can see little to support the share price in the near term. Watching closely.

[hacb] 13/12/2012 16:52

What is going on?! Two successful wells, and we are about to receive results for the 3rd. The company is up to its eyes in cash, and now has a re-focused partner in Tullow. I understand the drop to $7 due to the placement, but this additional drop is insane.

My thoughts are that 1) Pai Pai is a dud, and this has leaked (still a short-term predicament), 2) we were valued fairly generously given no actual oil flows and are now re-rating...

Ive been in here several years having bought my holding in the $1/2 range...and this is the first time ive actually been worried about this stock.

Hacb

[juju44] 13/12/2012 16:48

well thats the rampers gone who criticised the cautious - typical. I imagine all the insiders are doing a runner before thsy tell the market the good news

[ccr1958] 13/12/2012 16:35

Mel... you maybe right but these are big daily drops now ...it dosent look like a shake bwtfdik.... probably bad news been leaked as per ... omo. ccr.

[meljohn] 13/12/2012 16:19

This is looking way oversold ...

[volvo] 13/12/2012 15:44

Should have followed me at 11 dollars marty.......we can all be wise after the event though.........wheres baffins nowdays?

[marty51] 13/12/2012 15:26

Having a breather, have had a change of heart now, out.
Been smashed up the last few weeks, just unloaded my last 10k.
My reason is this, we have no oil flowing and no proven reserves and the market has switched....bigtime.
We have great acerage and partner and Board....but we have no income and if Pai Pai is no good we sink back to $5 IMO, then im back in.
A gamble and shes paid me well, but I have to take the blinkers off here, elections loom and why arent we showing off what we have with Ngamia???

Too many questions and £60,000 was wiped off my profit in no time at all.

Rest.

Love the story but.......damage limitation for now and re-entry @ $5, I think it may get there.

[fraserdean] 13/12/2012 15:11

Yup, those new shareholders are going to be a bit miffed at the mo

[sumeroil] 13/12/2012 14:59

marty, you've got a good skill.
wish to learn from you.

[juju44] 13/12/2012 14:43

the dog is dying . Ditched 1/2 few weeks ago but wish i had dumped them all .

[eipgam] 13/12/2012 14:42

rats!

By the way, how much was paid for the new shares?

[marty51] 13/12/2012 10:32

6.49 in Sweden.


Unbelievable.

If Pai Pai is bad.......

[fraserdean] 12/12/2012 10:29

Yup, good luck with RMP, will be fantastic if it comes in but that is proper frontier stuff.

[cashandcard] 12/12/2012 10:21

I feel very comfortable with these, with Tullow leading the way, unraveling the geology well after well, its simply a solid hold for me, regardless of results at PaiPai. As the resource numbers and the extent of the play become clearer, especially if Sabisa is a success, the market will not be able to ignore this one.

I do find producers like Afren to be attractively positioned with all that cashflow. I have PMO (via EO. takeover). Although they have been a bit lacklustre this year with regard to share price performance, they have gone from strength to strength on the production (60kboped) and also the acquisition front. They are due to produce 100,000boepd when the Solan and (importantly) Catcher area oilfields come online in the next couple of years. The cashflow will be enormous. They have already announced plans for Dividend payout, such is their confidence of increased cashflows. Catcher is going to be followed-up by Sealion oilfield development in the Falklands (80kbopd development) and the surrounding area.

My absolute wildcard in the portfolio is RMP, I guess everyone has a wildcard in their portfolio. It is valued at cash and is either multi-bagger glory or utter ruin on the next phase of Puntland exploration, quite simply all or nothing.

[fraserdean] 12/12/2012 10:07

Agree could well fall further as Paipai very likely to be a dud, but should have flow rates shortly after or they might try and hold on and announce both at same time.

All that matters to me is the success of the tertiary and the drilling so far has looked very good. Twiga drilled downdip hence almost by definition less successful, rightly or wrongly I'll hold and wait for more proof through next year.

I was Afren and Cove, now still some Afren but these and Cobalt are my wild cards, but feel comfortable with them.

[cashandcard] 12/12/2012 09:41

Lol,

See what you mean - but you can't deny it'll get dragged down towards update if the news is bad. That looks like what is happening - seen it many times over in many different stocks.

Cash

[fraserdean] 12/12/2012 09:12

need to get a new calculator fella

[cashandcard] 11/12/2012 20:51

I reckon PaiPai is being priced in as a dud. Patience, away from this and enjoy the festive period.

Cash

[fraserdean] 11/12/2012 18:47

whoever bought a load at 7.75 must be wishing he sold a bit earlier, obvious overreaction but nothing to hold it at the mo, no rush though, slowlee slowlee catchee maseratee

[juju44] 11/12/2012 15:16

so much for the Lundin connection

[ih_365627] 10/12/2012 06:55

Africa Oil - Interesting Report ...
Mon Dec 10