Sovereign Oilfield Share Discussion Threads

[pbracken] 20/10/2009 15:13

Well, at least SOGP is in play.

The risk/reward is on a blunt knife edge. For sure, the main business is performing acceptably. Oil at plus $70 is good for business, because it supports rig activity, which is where SOGP makes its money.

The issue surrounds the debt. How does SOGP reduce its borrowings in order to ensure it can trade less encumbered?

Tricky. But (IMO) doable. Therein lies the investment case. Because if SOGP can break free of the debt burden, it will fly.

Interesting times.

[ayesha4] 20/10/2009 15:13

where is everyone? what about SOGP?

[m1tu] 20/10/2009 15:00

mta and bao is the next big one.

[induna123] 20/10/2009 14:59

AMC has already multibagged. 0.3p in January lol

[induna123] 20/10/2009 14:58

CLN on the rise. Delayed 2.5m trade just went through.

[superchip] 20/10/2009 14:58

shiny - where have they buried $6 Billion ? and who is going to dig it up ?

[shiny1000] 20/10/2009 14:48

If you want a multi bagger then get into AMC...has $6 billion assets as its disposal and the wider market hasn't even opened their eyes to it!!!

[gdasinv2] 20/10/2009 14:47

news/rns soon on way

[m1tu] 20/10/2009 14:37

here comes the dump...!!

[m1tu] 20/10/2009 14:36

ntog flying..... 2p plus tommrow. no need to ramp this one... plenty good rns out.

[lol short killer] 20/10/2009 14:32

Everyone should buy some NTOG - 2p tomorrow.

DYOR

lol

[quraishim] 20/10/2009 14:30

thanks p bracken........21smithy, sogp is not a new for me i know the potential since i bought 18000 around 13:00.......have u got a problem anyone buying sogp if it has potential...well with £1k profit within minutes not bad going....i have no views until we get an rns for the reason of todays 140% spike....dont need to ramp....

[topinfo] 20/10/2009 14:28

5Pongebob...I am going to that drinks evening you mentioned and hopefully we will be able to wear badges with our usernames on and that way if 8Trader turns up it will once and for all prove we are two different people. However if he turns up I doubt he will even get to the bar as there will be a queue of people queuing up to smack the geek.!!!!

[pelleeds1980] 20/10/2009 14:26

simthy: check out XEL I know you started the thread ages ago really perking up now

[bethany3] 20/10/2009 14:26

Fwiw.......TOPINFO is a serial P&D merchant using various aliases. FACT!

[rutty74] 20/10/2009 14:26

fair enough 21simthy but everytime i turn up to look at a thread of a 'hot stock/fast riser' then i find you and topinfo having a slanging match! Used to be funny but now plain annoying. Why not just filter each other??

[topinfo] 20/10/2009 14:25

21Simthy....If I buy something with good news then how is that a pump and dump, you have just contradicted yourself. A pump and dump is something like this going up on no news with people posting that it is going to get massive contracts and go to 100p; etc.

[m1tu] 20/10/2009 14:20

classic pump and dump lines...."bids is coming" "rumours says" "cannot buy online, mm short of shares"

[quraishim] 20/10/2009 14:18

market maker are short of stock.............hence cannot buy online, any target for sogp..as its capitalised so low