Providence Resources Share Discussion Threads

[papillon] 05/10/2018 22:43

"grinch"? No, cagney, but I have been called a realist! :-)

I go by the news the company issues (and that's been excellent recently) and the PVR share price chart (and that looks very bullish and has done for most of 2018). I don't indulging in fantasising. Anyway PVR doesn't need fantasists at present because it's already got a lot going for it!

[offerman] 05/10/2018 18:18

Price holding up well despite massive sell. I expect further rises over the next few of months and slow and steady is fine by me .

[trulyscrumptious] 05/10/2018 16:12

We will all find out in due course, until then these blue days are most welcome.

[1cagney] 05/10/2018 13:28

Pap, have you ever been compared to the grinch before?

[papillon] 05/10/2018 12:49

Do I detect some wishful thinking posts today? :-) Let's wait and see what happens.

[greatfull dead] 05/10/2018 09:39

With de tight spread, anything is plausible!!!!!

ATB,
GD

[blueteam] 05/10/2018 08:23

yes perfect fit for BP, sure they at least will take a stake.

[riley9] 05/10/2018 08:21

BP vs APEC anyone ?

[hermana3] 05/10/2018 08:07

Blue, Mopping up Providence would represent smart business for BP. Ireland will be a mini North Sea and BP have made a serious fortune in the North Sea in the last 50 years.

[riley9] 05/10/2018 08:04

Herm - that'd be divine intervention if so, in which case I best be buying some then. And if it's topped by an rns from apec saying they've broached 3% then it's all our Christmases at once !

[blueteam] 05/10/2018 07:36

YES rumor BP have cast an eye and would make scene to get in here as they have little presence. Would be dead cheap below a £1, interesting to see if any large buys in the coming days.

[hermana3] 05/10/2018 07:30

Riley, Call it "divine providence"......

[riley9] 05/10/2018 07:18

Herman - you say that with some surety, if it is share price will rocket - but are you sure ? And how do you know !!

[1cagney] 04/10/2018 23:20

If anyone is going to do Newgrange it's gonna be NEXEN.

[hermana3] 04/10/2018 22:27

Nj, Amazed at lack of progress at Spanish Point.

[njl53] 04/10/2018 22:23

Steel - thank you for Spanish Point information.

[hermana3] 04/10/2018 21:37

Abu, Bet we will get a Major for Newgrange and me money is on Beyond Petroleum.

[funtimejonny] 04/10/2018 18:16

Good point Riley. Different folk have different strategies.

[riley9] 04/10/2018 18:14

Steel - if they bought them at 10p, which would not have been a major challenge, they've just made 25grand. And who knows how many more they hold ! Free carry on 500k shares anyone ? Well, 450k were sold in 2 lots, my money is on the same seller - flog half, carry the rest !

[cephalosaurus] 04/10/2018 17:42

Steel, a good point. Some take profits at a fixed percentage gain, no matter what is likely to happen later. That can be 10 or 20%, or whatever the funds chosen strategy.

[steelwatch] 04/10/2018 17:33

Oft repeated mantra on the HUR board re a certain long term institutional investor is that they sell to maintain a steady %age when the share price increases in order not to become unbalanced in any given stock. Plenty of instis in here and managers may have an eye on overall fund performance. Profit is a profit only when banked!

[srvsrv] 04/10/2018 16:58

offer: profittakers - when they are finish it will continue upwards