Offshore Hydrocarbon Mapping Share Discussion Threads

[nicksig] 09/4/2010 07:44

Sector Asset Management wouldn't buy that much stock at over a 200% premium without good reason imo. They clearly expect a good return on their investment at 16p so this looks way undervalued at the moment

[nicksig] 09/4/2010 07:42

I've started a moderated thread:

[nicksig] 09/4/2010 07:42

crosswire - 9 Apr'10 - 06:28 - 1552 of 1553

Financial Times

Oilfield cartographer Offshore Hydrocarbon Mapping surged 130 per cent to 12½p after Sector Asset Management agreed to buy up to 21m new shares at 16p apiece, giving it a 24 per cent stake

[nicksig] 09/4/2010 07:41

robson1974 - 8 Apr'10 - 23:17 - 1546 of 1553


Offshore Hydrocarbon Mapping soared 6.5p to 11.5p after Sector Asset Management lifted its stake in the oil equipment services group to 24.15pc, from 1.24pc. The experienced investor in the oil service arena forked out up to £3.36m in a placing of 21m shares, paying a significant premium price of 16p a share. Funds received will provide working capital for the recently announced CSEM surveys in India.

Read more:

[bangers for bucks] 09/4/2010 07:04

Robson1974
Many thanks for all of your input on this thread and reserch from AGM, having averaged down to 7p after a year of holding took 12.25 yesterday which funnly enough shows as a buy on plus,as per usual I'm sure i've jumped to early but good luck to you long term holders.

[crosswire] 09/4/2010 06:28

Financial Times

Oilfield cartographer Offshore Hydrocarbon Mapping surged 130 per cent to 12½p after Sector Asset Management agreed to buy up to 21m new shares at 16p apiece, giving it a 24 per cent stake

[alcatraz10] 08/4/2010 23:48

im glad i bought 770k on the drops from 16p.

was so close to getting the 230k yesterday to make a mill.

oh well. if someone is willing to pay a 220% premium for stock then short medium and long terms this will be much much higher.

I will exit at £1 or 2012.

[chrisis33] 08/4/2010 23:37

Nice coverage in the Mail - thanks for posting Robson

[davethechef] 08/4/2010 23:37

Fair few read the the Daily Mail, should spark some interest.
Will it race away ist thing tmr, or the MM's drop it ist thing to try to encourage some panic selling & take on shares?
I'm looking to pick up some some.

[jo0ls] 08/4/2010 23:30

Oh, it went up. That's nice, I like money. I went out this morning and only just checked.

[robson1974] 08/4/2010 23:17

ninalog comes back as smellyjim i think that tells you all you need to know

best to ignore the idiots and hope they just go away or grow up

anyway...

Offshore Hydrocarbon Mapping soared 6.5p to 11.5p after Sector Asset Management lifted its stake in the oil equipment services group to 24.15pc, from 1.24pc. The experienced investor in the oil service arena forked out up to £3.36m in a placing of 21m shares, paying a significant premium price of 16p a share. Funds received will provide working capital for the recently announced CSEM surveys in India.

Read more:

[bones30] 08/4/2010 22:19

smelly - thanks for that really useful post.............

[smellyjim] 08/4/2010 21:21

now they've risen super sharetrader/shareguru/toptrader/topinvestor/superknowall/reallyuselesschancer robbo will still be a holder and no doubt 'added' another 100 million shares 1 minute before the rns. Jeez no one sussed him yet? How come he's held in high esteem here? Should visit the cr thread or maybe the spat thread as our robbo is held in some form of esteem there but not sure it's 'high'.. ;-)

[chrisis33] 08/4/2010 21:20

Hey bones. Bit of a punt on my part - but despite the large rise today, logic says it's value should sit at least at 16p per share.

Some inevitable profit taking today, but buys outweighed sells quite significantly.

No advice intended etc - will see what the next few days hold

[bones30] 08/4/2010 21:15

chrisis - could be interesting tomorrorw.

[chrisis33] 08/4/2010 19:24

Decided to pop in for just a few at 11.3p - purely on the logic that if someone is expecting a return on their investment at 16p per share, and are happy to stump up £3m+, the least I can do is put a few £s in at just over 11p. Let's see what tomorrow brings.

[waleriuszwatrobka] 08/4/2010 16:40

...a nice volume, more to come tomorrow, upwards & onwards ;-)

[bones30] 08/4/2010 16:28

Dropping it on sod all volume. Limits anyone?

[subiaco] 08/4/2010 16:15

we could see tuppence more on the price in the next couple of sessions

[nicksig] 08/4/2010 16:11

gcom - I wouldn't be surprised to see this have another run in the morning

[5dally] 08/4/2010 16:09

As bones points out they have paid cold hard cash and at such a premium,,,,no one parts with that kind of money unless they know something very positive IMO

[gcom2] 08/4/2010 16:07

would be nice to open around 15p then go high teens before this moves onwards into high 20's then 30's then consolidate low 40p's