warrenm2

dana have now got most of the potential value priced in after the rise within the last month - the one to watch now is Soco Intl (SIA.L), there should be an announcement very soon (maybe this week) on their Vietnam exploration. Some people have valued their declared reserves at £20/share (current price £13), so if you believe that there is plenty of value in them.

^OPM^

Soco Intl (SIA.L)=SIAL

warrenm2

purely coincidental!

Dark Blue Mark

I cant afford expensive shares

Penny ones are the way forward!

Bp is at a low however, and might be worth a longer term gamble. The company is suffering at the moment, but with the amount of reserves in place they will do well. The safety / envoronmental response to the recent incidents will be trypically large!

MB

warrenm2

This is a classic fallacy. Its immaterial how much the share is, its the % increase you are looking for. If a company decides to do a share split 5 for 1 on a £10 share, does it mean that its now good value at £2. Of course not! You should ignore the absolute price because all it measures is the ratio of value to the number of issued shares, which unless there are liquidity issues are meaningless

King RA

The spread on penny shares is usually quite large, so the share has to increase a large % before you even break even.

J4CKO

iTrader: (1)

Woolies, they will announce an aquisition tomorrow.

King RA

It was announced at 14:30 today. Takeover of THE.

warrenm2

Soco looking good and Im putting my money where my mouth is to say there is more to come IMHO

Rodge

Sefton Resources (SER). Small oil company in Kansas which is actually producing!. Great prospect!

As always, DYOR

King RA

Been keeping a close eye. Agree does look good. Watch VOG.