UMC Energy Share Discussion Threads

[fairdeal2008] 10/10/2009 08:30

Indeed but every time I come across undervalued stocks there are a troop of people line up slagging it off lol. I imagine for a variety of reasons.

I agree with you re price movemennt early next week.

imho

[gimme sunshine] 10/10/2009 00:12

fd

i think you just explained it quite well

no more to the story required. either way they are cheap but no need to get too excited. still think they will double on monday though

[fairdeal2008] 10/10/2009 00:03

Look at the management and the shareholders.

They took a decision to suspend operations due to political uncertainty, which now appears to be easing.

I believe there is more to this story imho.

[imperial3] 09/10/2009 23:53

Ask yourself these questions,is this company not a shell now.Regarding the Madagascar uranium operations,what are the prospects here?Does not the past record speak for itself? How are the funds being going to be raised for future exploration? Are there those who ramp/hype shares and take advantage of those who are buying and move on to the next prospect? Pump and dump? Has it been forgotten where there is a tip there is a tap?

[papillon] 09/10/2009 22:39

Just speculation TOPINFO. I had shares in this years ago when they were looking for uranium in Labrador, Canada. Prospects were supposedly fantastic at the time but nothing ever came of them; in the end they pulled out of the JV. Effectively just a shell and then these Madagascan uranium licences were injected into it after there was talk of oil assets being reversed into it which came to nothing. It looks to be just a shell again because they are currently not doing anything in Madagascar. Haven't got any cash to do anything apart from any political worries. It would be an ideal company for a reverse take over since the Mkt Cap is tiny. No debt. A clean little shell with the uranium licences thrown in. Could be like BHR which has issued billions of shares in a reverse take over. These tiny natural resource shares are ideal candidates for manipulation. Buyer beware. Could be a pump and dump or could possibly be a candidate for a reverse take over. Go back to the first post on this thread. JV with Waseco in Labrador and looking for an oil acquistion in Kazakstan. Big hopes at the time, unfulfilled unfortunately.

[fairdeal2008] 09/10/2009 22:26

Gimme - I agree, that is why I am holding....

[topinfo] 09/10/2009 16:05

Anyone tell me the sudden rise as reading news it looks like they have ceased ops for now due to political uncertainty.!!!

[gimme sunshine] 09/10/2009 15:55

loks like the fun is over for today.

reckon this will double again on monday.

[gimme sunshine] 09/10/2009 12:49

you can sell above mid.

[kennyruss] 09/10/2009 12:49

these guys still offering me 4.4p for my last 100k... spread is really 4.4 V 4.75

[wh0sthedaddy] 09/10/2009 12:37

could trade well inside the quoted spread yday sunshine

[mitzis] 09/10/2009 11:19

Only joking Fairdeal been in this for near 3 years..my target is 20p in the next 12/18 months.

[fairdeal2008] 09/10/2009 10:28

Ha I think so. They just pulled back the offer a little whilst dropping the online offer volume lol - so I guess they are hunting for stock...

imho

[gimme sunshine] 09/10/2009 10:26

these must be the most illiqud stock on the aim

I will have to stick with what I got yesterday.

[mitzis] 09/10/2009 08:32

Sell ..sell..sell..

[kennyruss] 09/10/2009 08:31

2 bagger for me tivoli... sold half at 4.5p - 100k's worth

[double6] 09/10/2009 08:29

Induna - look at CLN also

[fairdeal2008] 09/10/2009 08:29

Ha, at 4.25mid it is capped at just £1.2million.

Personally, notwithstanding unknowns I was rather looking for somewhere higher than ten pence as a starting point (£3mn cap).

Just looking back over the price chart for the last two years is interesting. Political concerns aside the business remains in tact and I speculate has the support of the major shareholders (one of whom shares a common chairman with this company)...

imho

[tivoliworldgaming] 09/10/2009 08:29

Its rediculous why anyone buys a share after its more than double the price they been told to buy in for.

Only a good job for those who listened. Trouble is I forget and miss out :(

[induna123] 09/10/2009 08:27

Well done here chaps. CNR and BHR looking good this morning too.

[tivoliworldgaming] 09/10/2009 08:26

Try CNR if u want a sub 1p gold stock that actually has proven fundamentals.

[tivoliworldgaming] 09/10/2009 08:15

Just a pump and dump again.

5.5p some paid and now they are only 3.75p to sell, ouch. Only a 1 bagger for those who paid 1.7p.

[yawn1971] 09/10/2009 08:11

Fair play Fairdeal ...... Hat off to you !