Xcite Energy Share Discussion Threads

[pensioner2] 10/11/2014 16:38

Statoil have made no secret of their demand for better tax packages to commit significant $s.

[waterloo01] 10/11/2014 16:35

I wonder if the treasury are floating some ideas around re NS in the budget. They often trail and occasionally pre announce these industry type initiatives.

[bena1] 10/11/2014 16:31

Closed above 50 DMA.

Looking forward to having a foolow on rally tomorrow, suspect it will get dropped a touch first thing as usual on a fishing trip...

[tipjunkie] 10/11/2014 16:31

great day here and gkp

[mclellan] 10/11/2014 16:29

Lol, mike...Canada has almost no volume

[mclellan] 10/11/2014 16:28

Definitely signs of life, leedskier.
It makes a nice change from signs of pond life!

[mikepage19] 10/11/2014 16:27

Canada flying.

I will not get Xcited yet, seen this pump many times in the past.

[bena1] 10/11/2014 16:22

Lots of biggish AT trades going through, someone is desparate.
Great!

[mikepage19] 10/11/2014 16:20

leedskier, correct.

But as I said last week the market betted against XER financing the 2010 flo-test back in late 2008 early 2009.
They drove the price down to £0.04, we know what happened next. Just in case people don't, January 2011, £4.20.

This time they have managed to drive the price as low as £0.39.
Now I wonder what the price will be for P2-257MMbls with a drill license approved from DECC?

Bentley is a MONSTER......

[leedskier] 10/11/2014 16:20

I know. But at least it is now showing signs of life.

[mclellan] 10/11/2014 15:50

leedskier- it's been battered to the floor

[irnbru2] 10/11/2014 15:25

Leeds,

Agreed, it should be north of £5 squids.

[leedskier] 10/11/2014 15:22

This should be trading at multiples of the present share price at this point in its evolution.

[mikepage19] 10/11/2014 15:14

A buy and average price target- The company has an average rating of Buy and an average price target of GBX 182.33 ($2.91). Not sure what they base this on-

Xcite Energy Limited (LON:XEL) had its price objective lowered by Liberum Capital from GBX 263 ($4.19) to GBX 199 ($3.17) in a report released on Thursday. Liberum Capital currently has a buy rating on the stock.
A number of other firms have also recently commented on XEL. Analysts at Cantor Fitzgerald Europe reiterated a buy rating on shares of Xcite Energy Limited in a research note on Monday, October 20th. They now have a GBX 168 ($2.68) price target on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 182.33 ($2.91).
Shares of Xcite Energy Limited (LON:XEL) opened at 43.00 on Thursday. Xcite Energy Limited has a 52 week low of GBX 37.56 and a 52 week high of GBX 120.25. The stock has a 50-day moving average of GBX 50.43 and a 200-day moving average of GBX 62.95.
Xcite Energy Limited (LON:XEL) is an oil issuer and disclosures pertaining to oil activities.

[bena1] 10/11/2014 15:10

Lovely 50p paid from a big string of AT trades? Cat is out of the bag and someone getting desparate? Could we see a short squeeze?

[mikepage19] 10/11/2014 15:05

This should give them some build experience

[mikepage19] 10/11/2014 15:02

Becoming a popular choice in the NS-

[credithow] 10/11/2014 15:00

Only another 100% from here and I'm in profit..... LOL

[mclellan] 10/11/2014 14:53

At least people will start to have belief again that something will happen, Ben, after a long lull as far as investors are concerned.

[bena1] 10/11/2014 14:49

Another tick up on it's way. The buying today is nearly all retail, a big change from the AT buys of last week. Lots of buying to hold for a change rather than to churn for the afternoon. Strong holders, that's what we need.

[bena1] 10/11/2014 14:34

^ Oh spoke too soon I see.....

[irnbru2] 10/11/2014 14:32

Pensioner2   10 Nov'14 - 12:54 - 49249 of 49251   2 0

My recollection was that there are still some more announcements to come in this round so, we don't yet know imo.
----

No, your recollection is wrong.

[bena1] 10/11/2014 14:25

What an excellent day of price movement.

Our resident Liars have gone missing again I see; co-incidence??

I'll continue to add all the way up. going well so far.

50p close?

[mclellan] 10/11/2014 13:16

Could be, Pensioner2. I don't know whether they applied or not. They have still done nothing with the 27th Round awards!

[pensioner2] 10/11/2014 12:54

My recollection was that there are still some more announcements to come in this round so, we don't yet know imo.