Sacoil Share Discussion Threads

[bronislav] 15/2/2013 05:59

Raj.i emailed asking for clarity on opl233 reminding them that the sale is already in the public domain. I have never had a reply to an email from SAC.

[rajaster] 14/2/2013 22:59

we will have to wait and see. has anyone emailed the compny . not they ever reply. this could drag for months.

[yorgi] 14/2/2013 22:12

Fair comment I would say Bronislav.

[bronislav] 14/2/2013 21:59

With the accumulator seemingly still accumulating ,would that not suggest news is still a while off .Although the resource update is due no need to release that news until it suits ,even though that breaks the rules ,who will police it ,the FSA .dont think so. My opinion for what its worth is the update is in their office and will be shown to prospective buyers of the 40 per cent stake ,even if its not sacs share they will still have access to the upgrade.

[rajaster] 14/2/2013 20:27

question is whens the news for the 2d seismic due and updated nigerian data??

[rajaster] 14/2/2013 20:25

so glad i got in when stock was still easy to buy. isa is blue.. and long may it continue.

[bronislav] 14/2/2013 16:43

Drop it and try to collect a few to fill the 1million plus order.

[yorgi] 14/2/2013 16:27

Comedy, there does most certainly appear to be more going on in the background than we are aware of.

[comedy] 14/2/2013 15:48

yorgi i bought 25k here donkeys back and it fell to 2p...but at start of year suddenly noticed we were up...and have been watching the trades on it daily...been watching for last 2 weeks...did go heavy 2.3p and manged to ride it up...sold some at top..and got free shares... but been watching how mm's seem to take it down but wont sell size...but happy to take size in sells....by way they are playing it they must have buys in from big buyer 2.55p zone...and will make us pay higher to get stock...once all the low buyers have sold and he has pocketed stock...ahve a feeling they will do same al the way to 3p...we have already hi 3p once...so my take it they are sucking out t traders and any who want to cash in from low 2.3p zone....question is how long does he have before news will hit...obvious if we crack through 3p heading to 3.5p it will attract momentum traders and hence they are trying to kill interest by keeping large spread and making you pay up.

usually signifies they arent looking for pi buyers as they have an insti buyer who wanst x mill...so we are flies irritating them at mo.

[stupid idiot] 14/2/2013 15:08

Well if it does go up on news getting your hands on any stock is going to even more difficult than now, and that is saying something.

[yorgi] 14/2/2013 15:07

Summed up well there Comedy :-)

[comedy] 14/2/2013 15:02

well tried a fok for 50k and 2.65p and they knocked it back..so topped up just now. been watching this like a hawk and obvious someone is building a big stake...buys for last 4 days in blcoks of 250k and 500k...wonder when news will hti and us plebs will find out what is going on?? lol should have bought more at 2.6p yesterday...but kept thinking will they take it lower

[yorgi] 14/2/2013 14:37

Your experience rather ties in with what we are seeing Stupid Idiot.....suggesting someone acquiring stock at the price they want to pay !

As you say the odd point should not matter but the significant number of trades of 100k and more suggests to me that someone knows more than we do :-)

[stupid idiot] 14/2/2013 14:30

The trouble is the market makers are making it very difficult to buy this.Last week I tried to top up at what should have been 2.7 and had to phone my broker, he said M.Ms seemed to be trying to collect stock,got some at 2.8.The following day tried three times to buy 25000 online to tidy up my holding and could not get a quote which I would have thought was illegal, in the end I left a limit order for 24000 at 3p got those at 2.8p in the end.Happy with the price I paid as I think something is going on here and am not concerned with the odd % points.

[yorgi] 14/2/2013 14:03

Yes up............we may not know Bronislav but someone does I would say :-)

[bronislav] 14/2/2013 13:43

Up she goes.up she goes ,what's the reason nobody knows.

[maxakoff] 14/2/2013 13:37

Now we are talking!

[yorgi] 14/2/2013 12:46

So am I now Bronislav :-)

Yes Maxakoff some appears to be building a nice large holding as Bronislav and I have noticed :-)

[maxakoff] 14/2/2013 12:28

Some nice chunky buys. Looks set for another ride north imho.

[bronislav] 14/2/2013 10:51

Yorgi .i am happy here now ,will just sit back and let things unfold.It may take a few months or more but lots to look forward to imho.dyor.

[yorgi] 14/2/2013 10:50

I agree Bronislav those in the right place with substantial funds will get the price they want.

Still acquiring a large stake it would appear :-)

[bronislav] 13/2/2013 17:31

Sorry fat fingers.

[bronislav] 13/2/2013 17:30

Yorgi.when I bought the other day ,my third holding I think there was a premium for anything over 25ooo shares .My guess is they are struggling to meet the demands of whoever is accumulating.From my limited understanding market makers don't like to disappoint customers or they go elsewhere and they would rather lose out and recoup later ,than decline a large influential buyer or ii.The volume on the JSE has picked up of late and after the price dropped yesterday and early today it recovered to match recent highs.I think we will tend to follow the JSE and as they are ahead of us its interesting to see what happens out there in relation to aim market here.Although the intraday is interesting the money to be made here if at all would be over a couple years where estimates of 100000 bopd are being banded about.No certainty s ,that's for sure ,but a possibility.

[bronislav] 13/2/2013 17:29

Yorgi.when I bought the other day ,my third holding I think there was a premium for anything over 25ooo shares .My guess is they are struggling to meet the demands of whoever is accumulating.From my limited understanding market makers don't like to disappoint customers or they go elsewhere and they would rather lose out and recoup later ,than decline a large influential buyer or ii.The volume on the JSE has picked up of late and after the price dropped yesterday and early today it recovered to match recent highs.I think we will tend to follow the JSE and as they are ahead of us its interesting to see what happens out there in relation to aim market here.Although the intraday is interesting the money to be made here if at all would be over a couple years where estimates of 100000 bopd from the DRC are figures that have been banded about .No certainty s ,that's for sure but a possibility .

[bronislav] 13/2/2013 15:39

4 million traded in Saaaaf Africa and up on the day.Will we follow suit and yes yorgi it looks like someone has been building a stake for a while.