We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

XEL Shares?

2

Comments

  • Funscott - If only it came off!! Personally i think your a dreamer :) But i will be investing today. Thanks for the input guys.
  • do the maths then come back to me. have a look at the likes of Dana petrolium take over.
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    funscott wrote: »
    do the maths then come back to me. have a look at the likes of Dana petrolium take over.
    how can you compare Dana and Xcite they are totally different
  • I suppose you could compare them on reserves.

    Dana have 200-300mmbls spread over Europe and Africa.

    Xcite have 200-300mmbls (estimated) in just one field.

    It's not that simple obviously though.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    I noticed they fell to 200 on their recent disappointing report
  • rfowler
    rfowler Posts: 486 Forumite
    Part of the Furniture Combo Breaker
    Its trading @ £2.16.... it has taken a serious hit
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    cawkwell wrote:
    11th May 2011

    Longtop Financial Technologies (LFT on NYSE) bounced up from $17 to $20 on its publication of a detailed rebuttal of the claims that its principal supplier of labour (as to about 95%) is a connected party - with all the consequences in respect of alleged subsidised costs and thus accounts that do not show a true and fair view. I did not find the explanations convincing and still think Citronresearch is absolutely right and that one should increase one's short.

    Renren (RENN on NYSE) is fading away so quickly that the landmark close below its flotation price of $15 has almost passed unnoticed. But one should just keep bashing away.

    I sold Xcite Energy (XEL) at 235p yesterday since one should dismiss Arbuthnot's 600p target as rather improbable.

    And the same applies to Panmure's target of 40p for JJB Sports (JJB).

    On ASOS (ASC) I cannot find anybody who will speak for Gilder, Gagnon and Howe (which holds 7% of ASOS valued at around GBP120m). However, sooner or later, this holding will have to come back on the market. Because it is almost impossible that it has been developed as an investment.

    Not all private investors shrugging off the report then
  • gumbo73
    gumbo73 Posts: 14 Forumite
    Steer clear of anything AIM listed.

    That's the lesson I've learned the hard way over the years.
  • rfowler
    rfowler Posts: 486 Forumite
    Part of the Furniture Combo Breaker
    gumbo73 wrote: »
    Steer clear of anything AIM listed.

    That's the lesson I've learned the hard way over the years.

    I think thats a little unfair, You need to do your own research and now when to buy in and when to sell out.

    Looking at XEL the people who got in early say around the £1.50-£2.00 could of sold a for a nice "little" profit.

    There are some rough diamonds on the AIM....
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Cairn was aim listed I think and now its 6bn. Quite a few ftse 250 shares have been aim listed. If your good you can buy just the big shares and still do well but you always have to be right which is hard


    http://www.fleetstreetinvest.co.uk/small-cap/aim-companies/cairn-energy-aim-to-ftse-00006.html
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.2K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.