Borders & Southern Petro... Share Discussion Threads

[ride the wave 1] 15/11/2017 16:11

Quarterly update at PMO tomorrow , might here something about the finance for RKH.

If so, it could have a positive effect here as well.

GLA

Ps BOR showing real strength!

[ride the wave 1] 15/11/2017 09:04

Should break through the 200 dma today/tomorrow and that would be very bullish.

It would attract a lot of buying from the traders etc .

[ride the wave 1] 14/11/2017 19:54

Another 1m delayed buy shown up on LSE (marked as a sell like yesterday). You can tell that it was a buy because the share price flew up after that trade at 4.08pm . The buyer cleared the whole book and that’s why the market makers will need more shares over the next few sessions.

The big buyer is willing to pay more than 2p/2.10p now. If they continue... they will be paying over 3p tomorrow.

The market makers are in big trouble because they need to balance their books.The only way for them to collect some shares is by raising the bid. The problem they have is every time they raise the price it attracts more and more buyers.

We are one step ahead of the market ... so make the most out of it!

GLA

[ride the wave 1] 14/11/2017 16:10

Showing real strength going into close - bodes well for tomorrow.

[ride the wave 1] 14/11/2017 14:43

14 November 2017|Blog, Commodities & Resources

It might not be all over for fossil fuels after all. Despite global engagement in clean energy and policies gearing fiercely towards no-emission fuels, oil remains a key player in the market as well as the social-political and economic arena.

Since August, oil prices have risen more than 8%, reaching levels not seen since 2015, bringing new hope to an industry ravaged in the last few years.

On Monday 13, OPEC increased its forecast oil demand for 2018 by around 400,000 barrels a day from the previous month to 33.4m b/d, exceeding many market analysts’ expectations. Furthermore, it has announced that oil consumption will keep growing until 2022. Demand is growing as the global economic scenario is almost at its strongest point since the 2008 crisis. Demand for oil will come mainly from diesel-led industrial sectors. In industrialised nations, this demand will continue growing for another two years before reversing, believes OPEC.

The oil market is known to behave cyclically and analysts point out that we are currently emerging from of the recessive period. Now, the market is at the early to mid-expansion phase of the oil cycle, and this expanding period – called ‘cyclical recovery’ – is set to continue through 2018 until 2019.

Increased demand along with OPEC cuts have pushed pushing Brent crude oil, the international benchmark, back above $60 a barrel for the first time in two years, leading to OPEC’s expectations of a $60 price floor in 2018, whilst the IMF says it can go as high as $70.

The ‘good tide’ is already giving returns. Oil giants reported impressive profit figures this November, which is certainly comes as uplifting news after three years of struggle.

[ride the wave 1] 14/11/2017 14:39

Midasstingray,

Theres loads of people lurking in the background mate. Make the most of this quiet time because it’s only going to get more and more busy as people take note of what is happening.

ATB

[midasstingray] 14/11/2017 14:24

LoL @ Ride...Thanks for the info, seems like you are communicating with yourself!

[ride the wave 1] 14/11/2017 13:46

Here we go .... buying pressure is building , another tick up coming very soon

Be in the 3's before you know it

[ride the wave 1] 14/11/2017 12:04

Hardly anything on the buy side of the book whilst they are willing to take 1m above 2p on the sell side.

Brand new uptrend in play , we are creating higher highs and lows. More and more people will start buying in as the price keeps climbing ... just wait and see!

Very bullish

[ride the wave 1] 14/11/2017 10:03

Looking strong , can't see anyone selling around this level now.

Market makers have gone:-

2.01p bid - 2.44p ask .

👋👋👋

2.3p just paid on NEX and they have gone:-

2p bid - 2.5p ask

[ride the wave 1] 13/11/2017 22:06

A 1m delayed buy has shown up on LSE (its down as a sell).There have been a few 1m buys over the last few days so someone is stake building around the 2p level. Now we know why the market makers ticked us up.

Just watch this fly on the smallest bit of buying pressure!

🚀🚀

[ride the wave 1] 13/11/2017 16:13

2.01p - 2.25p

Bulls are back in control and the market makers are short of shares to sell.

Nice combination 🚀

[ride the wave 1] 13/11/2017 16:10

Ticked up to 1.9p on the bid.

The market makers are starting to show their hand now.

BUY

[ride the wave 1] 13/11/2017 16:05

The market makers want your shares, they are on the bid big time and at the same time there’s nothing under 2p to buy. Sooner or later they will let this go again as the uptrend continues.

[ride the wave 1] 12/11/2017 18:27

That gap at 2.275p will soon get filled

[scoredagain] 11/11/2017 22:02

Under the radar.Kind thanks even better for us , Thank you for pointing that out

[scoredagain] 11/11/2017 21:51

Many thanks i will tommorow

[under the radar] 11/11/2017 21:36

If you read the AGM presentation dated 26th June 2017.On page4 it says the following......break even oil price $40 a barrel with a lower break even price possible.

[scoredagain] 11/11/2017 21:26

Hi fadilz the breakeven price for bor is as follows 1@ 100 million barrels is 85 dollars a barrel 2@ 200 million barrels is 65 dollars a barrel , If you want to cross reference look under the rns on borders and southern news dated 28 jan 2013 ,

[scoredagain] 11/11/2017 20:55

Been in and out of borders for years imo a great play , Patience will be rewarded I was the only one who use to hold up the lse board on bor for years . Its amuseing when the price goes up 25 per cent in a day then everyone comes out to play , Was told years a go this is the one to be in by a great man in the city . Well i waited a long time lets see , However i do see we are haveing intrest again gla

[ride the wave 1] 10/11/2017 17:56

The smart people were buying off of the panic sellers today. It looks like the market makers bought the share price down to fill all of those buy orders. Just look at all of those buys from 16.08pm (including a huge 1m buy).

We were overbought at 2.5p and have came back down to a nice level where we can rise from again.We should start creating higher highs and higher lows as this new uptrend forges ahead.

🙋‍a94;️

[barvin] 10/11/2017 17:22

Oops, what happened to the candlesticks?! Looks like they've melted

[ride the wave 1] 10/11/2017 16:14

Buy the dips - not sell the dips (lol)

This retrace is well overdone - you will see BOR rise next week!

Oil price is highest it’s been for 2 years and it looks like OPEC will extend the cut in oil production at the end of this month.

Now is the time to buy into an Oily imho

GLA

[knowing] 10/11/2017 15:57

Looks like a bit of a false dawn