Providence Resources Share Discussion Threads

[raisethestake1] 02/10/2018 13:32

That's me fully out @ 17.2p.I was going to wait until 18p but decided to take my profit of about 30%. I glad to be out of here. I will trade from now on once it retraces. Gla. I hope you get your money back or make your riches. It's been a long time coming.

[offerman] 02/10/2018 12:53

I would have thought so Srv

[srvsrv] 02/10/2018 12:51

this must give the share price a lift to the 20's.

[srvsrv] 02/10/2018 12:50

and it is with a oil price of 70$ - we are well over 80$ and is expected to last forward

[offerman] 02/10/2018 12:47

Fantastic targets Near term target 50p...!!! Medium term £130-£140 the price I first bought in at ..! Nice targets and the two recent investments I made here at 11.94 and 15 will help recoup some of that. Those targets don't even include the exploration targets either .

[srvsrv] 02/10/2018 12:40

Conclusion of the research: BUY-BUY-BUY - extremely undervalued

[srvsrv] 02/10/2018 12:39

At under 20p/shr, Providence shares are clearly trading at a substantial discount to where we consider fair value.
While we expect the shares to trend towards the 100-140p/shr mark, realistically we consider this a medium
term objective. Accordingly, for now we are recommending a near term 50p/shr target price, on the basis that
we will reconsider as we approach the start of next year’s (Q2) drilling campaign. We would add that this target
price offers nothing for Providence’s exploration position, which we consider one of the most prospective in the
sector. Any progress in readying prospects for drilling could see the share price, and our target price, upgraded
accordingly.

[srvsrv] 02/10/2018 12:17

heading for 9th day in a row with rising sp:)
25p here we come

[srvsrv] 02/10/2018 09:59

nice uplift from 33p:)

[itsriskythat] 02/10/2018 09:50

Align Research says a new Mirabaud report out this morning with 50p target price.

Worth keeping a look out for the report on the Providence web-site:

[abudhabi123] 02/10/2018 06:25

hxxps://www.rt.com/business/440068-oil-opec-iran-sanctions/

[1cagney] 01/10/2018 23:26

Pap. Cash out of you want. But don't be as ass

[offerman] 01/10/2018 17:22

Pretty sure I have seen the DJ rise 25 days in a row before maybe even more so it can happen. Not saying thatIt will here only that it is possible

[1cagney] 01/10/2018 16:48

8th positive day in a row. Not too shabby at all

[steelwatch] 01/10/2018 16:05

All the nice girls love a candle...

[funtimejonny] 01/10/2018 08:36

Not lookin too shabby so far today!

[greatfull dead] 30/9/2018 21:38

Logged into ADVFN a few hours ago after a few days away form the the internet.

I checked out companies I hold in and those like PVR that I have been in but have been sitting on the fence for certain amounts of time.

Re PVR, I do wish I had got back into PVR pre the Barryroe farmout RNS. I felt the BR F/O RNS would not materialise before the expected deadline. At RNS time I thought the share price was going to spike but retrace very quickly, because next year is a long way off!

I tend to agree with Paps opinion, re post #56196.

The share price IMHO over the next month or so retrace. That is only based on no further positive RNS being released.

The rise and fall will happen without and with news.

See y'all tomorrow.

ATB,
GD