AED - AED Oil

[chops_a_must]

AED is still moving... Does anyone know whats next for this beauty?

Is $7 still on the horizon?

I think it definitely is. You have people valuing AED conservatively at $8. There has also been talk of UBS valuing AED at over $12.

First oil scheduled for June/ July. So we could see it consolidating between 6 and 7 dollars before then... and then another run perhaps once we get first oil?

And don't forget, testing of Tadpole-Frog is due to commence in the second half of this year, which is estimated to be double the size of Puffin. Absolutely massive potential with very low risk. I am absolutely rapt with this stock. It is paying off in spades for me now, and I'm sure it will in the future. Makes all the squeeling previously look silly.

I'd hope some consolidation would follow this lovely breakout...i was just admiring the chart today, thinking "if i only had more time to pick out all of these great breaks".

Oh, well..plenty of time left for the oilers yet.

Cheers,

Can. It is a fantastic chart. But even if you are interested in short term trades, it is quite volatile intraday while stable end of day, so it might be one you would be interested in. I've had two trading blocks in this share, both intended for short/ mid term trades, but have ended up keeping the both of them due to SP performance.

But certainly, oil stocks may be the place to be for the next month. WPL and OSH having good runs makes it almost compelling to get into some oilers. And AED certainly stacks up fundamentally and technically, it's a great stock.

And another one that has a fantastic chart, AOE, great fundamentally and technically, might be one you could put on your watchlist as well.

Cheers,
Chops.

 

[bigdog]

AED is off and running this morning up 31 cents and up currently up 25 cents

Code Last Move % Move Buyers Sellers Open High Low --Volume Value ----Last Traded
AED $6.50 +$0.25 +4.00 $6.57 $6.63 $6.55 $6.56 $6.49 78,350 512,028 15-May 10:00:46

 

[laurie]

One would think that AED looks now like it could attract a T/O offer from the big boys which would send the sp up a steep cliff with top management hold approx 38% the price they would have to pay would be at a premium I hope this does not happen because there is still a lot of steam left in the engine

cheers laurie

 

[bigdog]

Laurie and Chops,

Todays finish was great with ALL time high and finish of $6.65.

Code Last -Move-%Move-BuyersSellers Open High Low -Volume --Value -----Last Traded
AED $6.65 +$0.40 +6.40 $6.62 $6.65 $6.55 $6.65 $6.44 560,553 $3,675,368 15-May 16:10:55

I am tracking AED daily for potential takeovers (started six days ago).

Will send you PM when things look interesting.

Been in AED since Dec 2006 and very pleased with SP

 

[resourceboom]

Hi Bigdog.
Is there any issue posting any updates on suspected takeovers to the board.
I'm sure it should be ok if you mention that its all speculation?

 

[bigdog]

Hi Bigdog.
Is there any issue posting any updates on suspected takeovers to the board.
I'm sure it should be ok if you mention that its all speculation?

Hi resourceboom

Yes there is a forum that can be updated; quote specifc sources or IMO!!

https://www.aussiestockforums.com/forums/showthread.php?t=6386

 

[imajica]

what's everyones opinion of today's price action? seems like a consolidation day to me - I decided to buy back in on account of production drawing near - wish I was still holding from the early days

 

[chops_a_must]

what's everyones opinion of today's price action? seems like a consolidation day to me - I decided to buy back in on account of production drawing near - wish I was still holding from the early days

Don't think there is anything to worry about. It ran incredibly hard. Doesn't appear to be a large amount of volume or anything. But this stock does have a tendency to be rather volatile, so it's not a good one to be on if you are hanging on a 10c movement or something...

I didn't think you were interested in the blue sky break out type stocks... or have you changed your strategy?

 

[imajica]

I originally had a large parcel under $2 and stupidly sold just before it took off - have always liked AED and now coming into production it seems like a solid bet - it appears we share some common ground chops - I used to apply a strictly fundamental analysis - which is fine but I agree you must time your entry and exit according to T.A.

 

[chops_a_must]

have always liked AED and now coming into production it seems like a solid bet - it appears we share some common ground chops - I used to apply a strictly fundamental analysis - which is fine but I agree you must time your entry and exit according to T.A.

Yah.

I keep many stocks on a watchlist that I like fundamentally. And then look to get into these at the right price or time.

AED for me will definitely be one that I look at getting into more over the next few years on any weakness. But for now I have a lot of them and don't think I will be getting rid of them anytime soon.

You don't get many one way bets in the market. But surely, over the last few months, this has been as close to as it gets.

And VRE looks like it is suffering significant price action lag from the announcement this morning if you are still interested.

 

[imajica]

when production begins it has been speculated that the flowrate will be in the realm of 30-40 thousand Bopd

at 35000 bopd

AED will be pullling in around 1.1 - 1.2 billion in revenue a year

this is huge

 

[laurie]

That's grossed value not net

cheers laurie

 

[greenfs]

My broker has indicated that a large brokerage firm has suggested to him $15 is not out of the question. Apparently, they have based this on projected future earnings against market cap being only slightly higher than 1:1 assessed when the share price was about $5.

Obviously, we will need to wait until production reaches peak to see if this level of blue sky can be achieved. I for one will not be selling this stock anytime soon.

 

[imajica]

That's grossed value not net

cheers laurie

even after costs are factored in, AED is still a CASH COW

production and reserves will be expanded and this will be reflected in a healthy share price

 

[nizar]

My broker has indicated that a large brokerage firm has suggested to him $15 is not out of the question. Apparently, they have based this on projected future earnings against market cap being only slightly higher than 1:1 assessed when the share price was about $5.

Obviously, we will need to wait until production reaches peak to see if this level of blue sky can be achieved. I for one will not be selling this stock anytime soon.

My mate whos a client of Citigroup told me his broker told him that all brokers have been getting their biggest clients into AED for several months now.

They call it, the next Woodside...

 

[imajica]

huge bidding in the pre-open this morning - looks like the mini bearish run is over - some big players looking to get set me-thinks

should be an interesting week ahead

 

[bigdog]

huge bidding in the pre-open this morning - looks like the mini bearish run is over - some big players looking to get set me-thinks

should be an interesting week ahead

Yes looking great up 45 cents on opening
Code Last Move % ---Move Volume --Value Last Traded
AED $6.60 +$0.45 +7.32 154,980 1,022,868 22-May 09:59:56

 

[laurie]

Just think approx 83m shares on issue Dix owns approx 38% if not more leaves about 51m for the market to play with just think when this hits the news headlines then it will be double digit sp

cheers laurie

 

[rocka1]

HI all thought id buy in on this one the morning looks like it is set to head up as volume is almost double today, also reached a new high earlier, also cash flow should be coming sooner than later my opinion only do your own research

 

[resourceboom]

This share runs very hard when it does, and doesn't drop much on pullbacks great chart, as well great fundamentals if everything goes to plan. ie 30K BOPD (potentially more) from startup. Plus large exploration targets (eg tadpole). Great company.