Sibir Energy Share Discussion Threads

[leeson31] 12/11/2008 15:47

gob smacked at the sp!

[eug] 12/11/2008 15:33

A3477681, thanx for info. I assume you mean buy

[a3477681] 12/11/2008 15:25

eug
If only we knew! But I have had faith in HC the CEO He has guided the company through troubled waters since I first invested in 2005. My guess is the drop is due to forced sellers and redemptions linked to a severe drop in Russian markets. A broker that has followed these closely for a number of years says stay on the sidelines. I have enough for now so that's what I intend doing but am itching to click the sell button when the selling stops.

[eug] 12/11/2008 15:23

ok, thanx, but they making good profit. oh well will hold and see what happens

[gconvery] 12/11/2008 15:19

Basically, fears over the Russian economy and particularly corporate governance in these Russian based firms

[eug] 12/11/2008 14:53

I have just checked the interim report. Looked good. So why the big drop in price. Is there something missing from all this?

[davidwilkin] 12/11/2008 14:18

Cheers A, will look out for them, wonder if will be 10p or more, they would fit my 6% criteria then.

[a3477681] 12/11/2008 13:30

davidwilkin 1840
According to the latest interim management announcement there will be a decision about divident payment this month pending important but relatively small payments.

[banj] 12/11/2008 13:26

Maybe Mr T got more margin calls? Unbelievable!

[squintyflinty] 12/11/2008 13:00

The director that bought 500,000 shares at £2.47 must be really miffed at today's price. He could have saved himself ~ £400,000

[alwaysbanking] 12/11/2008 12:35

If anyone has got b*lls as big as cocunuts - this has got to be steaming buy. Unfortunately Im heavy in this one so I'm holding.

[its the oxman] 12/11/2008 12:17

just cannot believe this price - crazy it seems, but what can one do

[robizm] 12/11/2008 12:08

Russia is in financial meltdown is one of the reasons

[simferopol] 12/11/2008 11:23

Please chaps I have been out of action for a couple of months.
Why has this gone so low ( besides the credit crunch thing).

Ta!!

[leeson31] 12/11/2008 11:12

there'l be ppl jumpin' from Canary Wharf yet Steve. lol.

[steveofsw19] 12/11/2008 11:06

As previously posted, we seem to be tracking the russian ftse, the RTSI.

This is not good.

If the FTSE had tracked RTSI, the FTSE would be at about 1500 right now. Imagine that.


I can't see an end to this. This is gonna be 1929 all over.


:-(

[alwaysbanking] 12/11/2008 10:43

Well there must be something tricky with this one as 'No one who has held this stock for some time (apart from t traders)is in profit. Not even HC. I suppose like the Russian market this share ought to be suspended whilst there is some clarification from the company.

[alwaysbanking] 11/11/2008 16:29

Isnt this at or near the consolidation price of 10 for 1 at the end of 2004, beginning of 2005 - whats gone wrong with the company. The improvements it has made and its production CANNOT be priced in at this figure.
I suppose it doesn't help the Russian exchange been suspended until Thursday and yes I know SBE is listed on the stock exchange but if the Russian markets have anything to go by - they are in meltdown.

[alwaysbanking] 11/11/2008 09:40

12.38pm Russian time - RTS DOWN 8.4% - Gas and oil sector DOWN 8.75%.
All yesterdays movement now eroded nearly.

[alwaysbanking] 10/11/2008 11:44

14.45pm Russian time - RTS up 9.54% - Gas and oil sector UP 9.73%.

[alwaysbanking] 10/11/2008 10:18

RTS up 9.2% - Gas and oil sector UP 9.09%. Are the Financial incentives taking hold and the Markets coming to their senses evenyually.