Urals Energy Share Discussion Threads

[navyan] 19/5/2009 21:04

oh, the resistent is 34P actually when you look back at the weekly chart

[happy bear] 19/5/2009 21:02

You have egg on your face shares14. You went on and on about how this couldn't get to 10p because "no share ever goes up 300%", then it went up 500%. You dopey muppet. Another 500% from here is 35p! Run along now.

[navyan] 19/5/2009 21:02

and MXP and ENK

[navyan] 19/5/2009 21:01

40 baged when comedy tipped it, but didnt have the ball to buy in of course. but did manage to 5 bag my holding for the last three month through AFR GAS RXP SKR and UEN of course. and UEN is my largest holding now

[shares14] 19/5/2009 21:01

Egg on face comes to mind,well go on jc name me one then,and dont you just love my 500% line,the thing is it works...lol lol.

[navyan] 19/5/2009 20:57

not in one hit, but FML maybe? pretty impressive that one.

[jcgswims] 19/5/2009 20:56

Whatever you do Rockin Robin don't say a % over 300 otherwise shares14 will say "you name me a share that has done that" blah blah blah :)

[le mass du pap] 19/5/2009 20:55

RR, not everyone is gloomy, just the usual suspects, the above one being a fine example. But I think he's just trying to wind people up.

Jonny, re - Decembers trading. Agree, it may be we are just duplicating a trading pattern that worked well for some back in December, both the mm's(following a spike up) and the seller. Or maybe the seller and the mm's got caught short at the bottom of the first spike and got burned buying on the way back up. Now they're out for revenge, lol!!

[shares14] 19/5/2009 20:54

Rockin that wont happen like that name me a share that has a 1500% leap in one hit?not many it may happen over time and this is something you lot find hard to understand.....

[rockin robin] 19/5/2009 20:50

All this gloom...my two penth..

I would hate to 'be out' when the good news does come...10p to at least £1.50p - is 1500% which is a very large leap indeed.

I can wait for news and easy on the gloom Folks.

[navyan] 19/5/2009 20:44

it might well be the shorter saw we had 500% rise, and take a gamble the news wont arrive right away opened short positions, and make a U turn when they think it is low enough and close short open long instead, just like what they did to BARC?

[jonnyfro] 19/5/2009 20:40

Information on NMS with reference to MTRF jumping to offering 100,000 on the offer side compared to the 10,000 that all the other mms offer. If you recall KBC used to offer 50,000 before they changed to 10,000..

8. Normal market size

Normal market size (NMS) is the minimum number of securities, as specified by the London Stock Exchange, for which a market maker is obliged to quote firm bid and offer prices.

NMS for each security is calculated quarterly and is based on 2.5 per cent of the security's average daily turnover in the preceding year. However, market makers are usually prepared to quote firm prices for volumes larger than the NMS.

Example


Midco may have an NMS of 1,000, yet a market maker might be prepared to quote firm prices for volumes of, say, 3,000 offer and 3,000 bid. Your broker, on your behalf, should therefore be able to buy or sell up to 3,000 shares in Midco via that market maker at the prices quoted by that market maker, despite Midco's NMS of 1,000.

The market maker's quote will show on your broker's screen as 'Midco at 105 - 110 (3,000 x 3,000), ie the market maker is prepared to sell to your broker up to 3,000 shares at 110p or buy from your broker 3,000 shares at 105p.

If you wanted to buy or sell more than 3,000 shares, this may be possible, but you may have to pay rather more than 110p to get the shares, or accept rather less than 105p to sell the shares.


Large companies tend to have high NMS figures.
This is because of their high level of liquidity. For example, HBOS's NMS is 75,000 shares, and about 5m of its shares are traded every day. You can be fairly sure that if you are buying 3,000 shares, the prices quoted are good. Your order isn't going to move the market.

Small companies have lower NMS figures.
This is because their shares tend to be less liquid. However, you will see from the above that this doesn't necessarily mean that you'll be unable to purchase a number of shares larger than the NMS. Provided your requested trade is within the market makers quoted size, then you should be able to deal.

Example


NetBenefit, an AIM stock, has an NMS of just 1,000.
If the market maker's quoted size is 3,000 x 3,000 and you want to purchase 2,000 shares, then you should be able to deal, even though your 2,000 shares exceeds the NMS.
If, on the other hand, you want to purchase 5,000 shares, (ie more than the market maker's quoted size) then you may find you cannot deal, or perhaps that you can deal but at a higher price than that quoted.

[mlightfoot] 19/5/2009 20:36

Gooner - Please ask about the other possible non-exec appointment in your call tomorrow which was eluded to in the CEO RNS:)

My view is to push on the board to try and gain an insight into the share trades, who are the large sellers, where does the stock currently reside etc etc.

[mlightfoot] 19/5/2009 20:34

I suspect we have another non-exec appointment announcement before we see any final RNS confirmation of re-cap or otherwise.

A good non-exec appointment would pretty much set this north, very rarely do seasoned non-execs get on-board without doing their dd!

[navyan] 19/5/2009 20:29

we need a Bullish Engulfing or hammer for a trend reveral tomorrow or coming days, engulfing is more likely.

[jcgswims] 19/5/2009 20:25

Thanks Mr K - so hopefully Gooner may be able to plant the seed tomorrow with GK to start the enquiries re SETS changeover :)

[shares14] 19/5/2009 20:25

1.3p lower than todays close sorry:-)

[matt19] 19/5/2009 20:21

close of play predictions tomorrow..........I am at 10p.

[mrkeysersoze] 19/5/2009 20:19

Here are the terms needed to qualify to trade on the SETS platform.

SETS.

SETS is the Exchange's single, powerful platform for the trading of the constituents of the FTSE All Share Index, Exchange Traded Funds, Exchange Traded Commodities, along with over 180 of the most traded AIM and Irish securities.

SETS now offers market making in all stocks including those deemed to be "liquid" under the new Markets in Financial Instruments Directive (MiFID). This provides customers with an on-Exchange alternative to being a Systematic Internaliser (SI).

This enhancement provides users with:

* an intuitive, two-tier market structure for the trading of all UKLA listed securities - SETS for "liquid" stocks and SETSqx for "non-liquid" stocks as defined under MiFID.
* An automatic order-driven trading service which is flexible and transparent, ensuring that every buy or sell order receives maximum exposure, resulting in a seamless and cost-effective execution.
* Order book trades in UK and Irish securities that are covered by a central counterparty operated by the London Clearing House.




Mr K.

[navyan] 19/5/2009 20:18

I cant work it out Happy Bear, which is why I bought in today before it gets to there, always remember the golden investment rule: BUY HIGH SELL LOW !!

[happy bear] 19/5/2009 20:15

Love to know how you get a mid of 5.98/6.2p? What a load of cobblers on here again. I'll leave you to it.

Why you talking to yourself again shares14?

[navyan] 19/5/2009 20:13

hehe, mine has kicked in today already :) well, the next support is 5.98/6.2P and the one lower to it will be 2.25P. which will be the rock bottom of course.

[happy bear] 19/5/2009 20:12

3.5p? Not very likely shares14.

[jonnyfro] 19/5/2009 20:09

LMDP, G3A I suggest you do what you have done G3A with your chart analysis but for the date range December 1st 2008 to January 8th and run a fibonacci retracement and you will be amazed at the similarities, you may also notice a "gap up" that was filled with a subsequent retracement just like the trend in the share price over the last 5 days...

[mlightfoot] 19/5/2009 20:08

All I know is that I'm now 20% down on my average and more than happy to fly to Moscow and lend some assistance with negotiations if required;)