ADI - Adelphi Energy

Agentm said:

Lucky_Country

i think those on the sidelines would look at the share again. its been an eternity for all the jvp partners, and conoco have gone ahead with a full scale 3d of the region to pinpoint their wells, so they are in no rush to put any wells into production, the years of experimentation at the kunde and baker wells, as well as the hook and bordovsky wells (and a few others) has given them enough data to buy the expensive leases they have and to now map the region.

our jvp has the concerns of the investors to deal with, most of them have only this play to get them anywhere, and the excessive time delays has taken its toll on their respective shareprices.

although kennas is very correct in saying what he is saying, i am none the less convinced the sp may be seeing more positive days than negative in the days to come, with the usual experctations driving up the sp prior to results coming out.. but AUT has made it clear the jvp is going ahead irrespective of what is to come from baker and kunde 3.

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Lucky_Country said:

All investment has its own risk !
So Kennas what is your point of view on ADI are they doing a Bear Sterns are they never going too produce have they got nothing at SugarKane ?
Look forward too your comments on this company.

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kennas said:

I've made a comment here and there, but more towards my role as a Moderator.

It troubles me both as an investor and as a moderator when a stock gets so much positive airplay and support when it is most obviously in a downtrend.

I should also add that it is only holders and rampers who get upset with objective and reasonable questioning of a stock and it's value, at ANY TIME, even when it's going UP, let alone long term down.

A very clear indication of ramping, and/or unreasonable obsession and emotional attachment in a company, is when punters get offended with a 'negative' comment of a stock. It's at those times when investors should very, very seriously check themselves and question where they are placing their money, and encouraging others to do so.

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kennas said:

I've made a comment here and there, but more towards my role as a Moderator.

It troubles me both as an investor and as a moderator when a stock gets so much positive airplay and support when it is most obviously in a downtrend.

I should also add that it is only holders and rampers who get upset with objective and reasonable questioning of a stock and it's value, at ANY TIME, even when it's going UP, let alone long term down.

A very clear indication of ramping, and/or unreasonable obsession and emotional attachment in a company, is when punters get offended with a 'negative' comment of a stock. It's at those times when investors should very, very seriously check themselves and question where they are placing their money, and encouraging others to do so.

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kennas said:

LOL

You are right, hardly a Moderator.

Hardly anyone could reasonably question the performace of this stock over the past little while.

Just gone down with the market of course.

This is one of those companies that just needs a find to turn around I suppose, so good luck to long term holders and speculators.

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Lucky_Country said:

I think all depends on your investment strategy.
ADI too me are a stock I will stick with till we know what they have got in Texas good or bad as there are no certainties there but I personally am optomistic.
ADI yesterday went up 34% on AUTs presentation which too me proves people are in the sidelines waiting for an entry once fraccing has started I expect another jump until some kind of results come out.
It has been a long road for us longterm shareholders and a rollercoaster at that but as the old saying goes
"The more you want it the longer it takes"

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HRL said:

Well you're right that everyones investment strategy is different, risk tolerance also, but the basis of every strategy should be to get the best possible return and preferably in a relatively short time if you want to enjoy it before old age sets in.

In general I trade only on established trends and momentum - once something starts to happen then get on and ride it out. I don't understand the practice of getting in way too early on something that has a poor track record and may not return much anyway. If you're waiting patiently in the wings for ages you could have already made a fortune elsewhere in the same time and then if your horse turns out to be lame then you've wasted a lot of time and loads of money so what's the point? There are 1700 companies on the ASX and thousands more in exchanges around the world so why get hung up on one that isn't doing anything? Just wait for something to happen then get on - it's not that hard.

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nioka said:

Hindsight is a wonderful trait to have. I don't have it. Looking back I should have waited to get into ADI. Looking forward, one day at a time, it has been hard not to be in ADI and it still is that way. I did not anticipate the delays and I'm sure nobody else did either. My consolation is that I did trade a little along the way yet at the same time kept "in" at all times. I can not see into the future either so I guess I will just have to wait and have a little faith in agentm's research being at least half correct. I have interests in some of the other 1700 companies and some of them are a lot worse off today than ADI.
P.S. The gestation period for an elephant is a year. Any resemblance?

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HRL said:

And it only takes a few seconds and brief lack of attention to get hit by a bus and die.

You can rely on luck and other peoples hopeful research if that's your plan but you could also get hold of some charting software and a stock scanning service and start setting up a few indicators. That way you'll know which companies are starting to get some upward (or downward) pressure and when things are most likely to start happening. Otherwise your fate is in someone elses hands and you might as well just go out and buy a lottery ticket.

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prawn_86 said:

Everyone has different style HRL.

That is why prices change so much in the market. Your style works for you, doesnt mean it would work for everyone.

ADI is still in a downtrend though imo

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resourceboom said:

Exactly prawny, everyone has their own own approach, HRL shouldn't try and force his style on others.

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