Sefton Resources Share Discussion Threads

[fernygrade] 05/2/2008 14:29

So our man in Spain becomes the first Anorak of the bull ring!

I remember it was not so long ago you were having a go with Yaso for belittling people, now you are doing the self same thing!

Matador an apology is due, or we shall make you walk the plank and become yaso's ship mate.

[murrayteller] 05/2/2008 14:28

Sorry to be nosy, but haven't Miami property prices plunged by 40%, or is that Orlando?

[the matador] 05/2/2008 14:23

MT, I'd buy it for the TV lounge lol!

[the matador] 05/2/2008 14:22

Another fantasy by Morris! So many Seftoners with supposed property abroad yet they can only manage paltry trades. Morris is often stating he is at this airport and that, yet I suggest he never quite boards the plane. He is a plane spotter, the type of person who invests in Sefton blah blah blah blah blah

[mickey take] 05/2/2008 14:10

if anyone is interested




Just think we could be neighbors..lol

[mickey take] 05/2/2008 13:49

Union – Nope not mine, one i seen after i had made my purchase.

Still pleased with mine, but definitely a great buy imo

[unionhall] 05/2/2008 13:40

...and it only cost you £150k......

[mickey take] 05/2/2008 13:36

Red – not much for £250, but i know where there is a dream home going for £250,000

[redhill] 05/2/2008 13:31

Mt

You won't get much for £250!

[yas0] 05/2/2008 13:29

Morris, Re: your post 12312. Your answer is in post 12313.

I think you ought to think before suggesting the gracious fellow is wrong. Your friends from the pond have always insisted that they shall be buying in droves. But the reality is they do not, either because they do not have the necessary funds or they have no conviction in what they state on here, or more likely both.

Now apologise to the gracious fellow for your post 12312

[mickey take] 05/2/2008 13:26

If you had £250 to invest i would recommend you buy a property overseas lol

[randsys] 05/2/2008 13:19

If you had £250K to invest I'd recommend 357,142 Corac shares! :-)
IMHO of course, DYOR etc.

[relishing] 05/2/2008 13:18

BP sees 60-90 usd/barrel oil prices over next few years UPDATE




(Adds more comments)
LONDON (Thomson Financial) - BP PLC expects oil prices to stay well above 60
usd a barrel, and possibly up to 90 usd, over the next few years, supported by
steady growth in demand, geopolitical concerns and constrained access to new
resources, said chief financial officer Byron Grote.
"It's impossible to predict precisely the oil price... But considering all
of these factors, it is our view that there is support for oil prices above 60
usd per barrel for the next few years and most likely in a range from 60-90 usd
per barrel," Grote told reporters in a news conference.
For planning purposes, BP raised its oil price assumption to 60 usd a barrel
from 40 usd, but Grote said BP will "continue to test projects at lower prices".
Cost pressures brought about by the oil price boom will persist, but within
BP, the cost inflation will likely start to ease as gains from an ongoing
business revamp feed through this year, he added.
The restructuring, aimed at slimming down the group's vast operations,
started late last year. It will involve a 15-20 pct reduction in corporate
overhead, which will save the group around 7-8 bln usd, said chief executive
Tony Hayward.
About 5,000 jobs will go across the group by the middle of next year, on top
of the 9,500 staff affected by the sale of its US convenience retail business.
The sale of BP's 700 convenience stores in the US will be carried out over the
next two years.
About 30 pct of the planned job cuts will affect the group's UK operations,
Hayward said.
BP remains confident it could grow production in 2008, driven by additional
volumes from the Greater Plutonio project in Angola, Thunder Horse in the Gulf
of Mexico, and oil and gas fields in Azerbaijan and Egypt, said Andy Inglis,
head of the group's exploration and production business.
The long-delayed 250,000-barrel a day Thunder Horse project will be on
stream before the end of the year as planned, he said.
BP is aiming to bring output to over 4 mln barrels of oil equivalent per day
by next year, and to 4.3 mln boepd by 2012. It raised 2008 capital spending to
21-22 bln usd from 19 bln usd last year, but did not give a guidance for 2009
and beyond.
Volumes in the fourth quarter of 2007 rose to 3.907 mln boepd from 3.840 mln
boepd previously, taking the full-year figure to 3.818 mln boepd, at the low end
of the group's own guidance of 3.8-3.9 mln boepd.
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[mickey take] 05/2/2008 13:17

Rel- You have to ask yourself would someone who had £250,000 buy 5mill of sefton?

[relishing] 05/2/2008 13:13

For you maybe MT. The only reason I'm not buying 5m shares at this price (apart from the fact that there isn't that many on offer at this price) is that I don't have £250,000.

[mickey take] 05/2/2008 13:10

I don't recall people recently saying they would buy more on the dips..... think those days are over

[barts] 05/2/2008 12:56

I haven't got a clue what Yas is saying but thanks for the cheap top up....LOL...

[yas0] 05/2/2008 12:55

What always leaves me bamboozled is that bulls on here claim to own villas in foreign countires, claim to substantial businesses, claim to be near notifiable holders, and last but not least always claim they are waiting for the price to drop so they can buy another chunk.

But the reality is when the price drops, they declare ''just bought 5000, or 20000' or something as ludicrous.

It is up to an investor how much he buys - but often on here the amounts are out of sync with the nonsense they spout.

[yas0] 05/2/2008 12:52

Big buyers stepping in I see.lol
I think you might have to do a bit better than that.

[broad] 05/2/2008 12:46

just topped up with 25k at 4.84

[yas0] 05/2/2008 12:45

I seem to note that many smallcaps are being shunned at the moment, even though some offer compelling value. It is not a good environment for the tiddlers right now.

Moreover, I note that those smallcaps with debt are being pummelled when they miss forecasts. There have been numerous cases recently, and stocks are being decimated if the earnings are not met.

We do not know what forecasts Sefton have. We have been provided forecasts from Hardman, a company that produce reports commissioned by Sefton. I think it highly unlikely that their forecasts for 08 production shall be met. I form this view based on the insouciant shown in terms of wells drilled this year, and the fact that steaming has yet to demonstrate any tangible impact. In fact, it has yet to be proven a viable process by Sefton, since the pilot test has suffered setbacks.

[mickey take] 05/2/2008 12:27

There is no Ad Valorem attributed to this stock.........

[yas0] 05/2/2008 12:15

I have again perused the chart - it appears to me that there is no support below 4p.

[yas0] 05/2/2008 12:14

Oh dear - down it goes again. The test of 4p is within sight. The chartist tells me it shall be important for this to be held.

[relishing] 05/2/2008 12:07

Just quoted 4.767p for 25k.