To ease your pain a little Colinm...
Maari oil drilling ahead of schedule.
http://stocknessmonster.com/news-ite...E=ASX&N=206366
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To ease your pain a little Colinm...
Maari oil drilling ahead of schedule.
http://stocknessmonster.com/news-ite...E=ASX&N=206366
Hey shasta
your right CUE is looking sick...
Its a market thing...
Company is exactly the same when I bought it apart from oil has been falling...
Big assets still there...
its got all that, and a bag of chips... blah blah blah...
During the week I presented CUE, with other topics to a finance company and they told me it was the best presentation they ever had...
If CUE wont perform, then no oil stock will...
Would rather hold this spec than any other...
cheers...
Still holding, and looking to buy more in the next few weeks...
I might finish selling LMP also...
CUE will survive at $25 US oil...
:cool:
.^sc
Dont be surprised to see oil bounce ; lot going on behind the scenes . OPEC not the only ones effected by low oil ..... even the analyst(s) are b/s atm .... alot could change very quick .
Oil USD $43.50bblo atm of this post
There is a big distortion in the ships at sea ; supply is overboard . It is known that 700mmbblo is on the seas at anyone time ....................................a shortage is about to happen !
Price is overboard........................????????????????? ????????
Dec 17th will be dramatic play...........??????????????????????????????????? ?????????OPEC Meeting
CUE holding big time .............so I am biased,.,. DYOR
BIG PRICE CORRECTION is on the way , what a drama ..........??????
hey elyob,
awhile back Yogi said CUE will run hard in Jan...:)....
humm... some sort of discovery or something maybe? hehehe...
CUE's proven gas assets are equilivant to the billion dollar Kupe Development...Infact-> CUE has better assets than NZO...
63million mcap vs 500million mcap (at a guess)...
When I make positions in any stock (especially bold moves, because ive done my homework)... I never sell unless there is material change ... And we have not seen material change... its the same company from month to month (with delays)...
Now sure oil prices have been falling, but the forward curve remains the same we just cant predict the path to the higher price...
Maari full production is still 8 months off...
CUE is worth 20cents even if it was stripped down and sold all the assets in parts (in the right market)...
Im sitting on pretty big losses on such a bold move, my portfolio has gone back to early 2007 levels...
I still cant see a better spec oil stock on the market, which has long term, short term assets, and diversified between production, development, appraisal, exploration...
Oh well...
a bagger per year from here for the next 5 years on offering with big up and all that...
I'll ride out this storm, and lose time and not lose money...
hehehe...
Good to make consistant profits in a good market... I guess my bloated head made me think I could make it in any market... ise right to sell last year, and wrong to get back in...
'come to popa' mr market...
I'll be waiting...
:cool:
.^sc
Only 20cents ...
On what basis SC?
I expect we will be receiving a hostile bid shortly !!!
i have not really had a look into cue beyond the chart, but it looks like it has largely followed the trend of other energy companies being knocked down approx. 20%.
i guess its being rated in relative terms to its peers.
potential doesnt get rated in this market. its easy to find companies with massive growth potential and changing indsutry trends in their favour, yet there is no premium for this potential at the moment.
if a company can deliver some of its potential, it will be rewarded. but even then it wont be in advance of what it has delivered. expectations have been fully discounted in this market right now.
if we are leading into a recession and oil is already considered cheap, then things can only get better from an equities point of view imo.