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AED - AED Oil

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I heard UBS have put a target of $8.82 on this one.
I hate conservative brokers.
That almost sounds like a downramp to me!
 
AED gets a mention again in the financial review today on p22. It says that UBS upgraded its price target from $6.46 to $8.22

they are being conservative on purpose - as soon as it runs again or has another stellar announcement UBS will upgrade their price targets


I'm sure they reserve their 'real' price targets for their larger clients
 
AED is looking great again today up 26 centts

AED $6.96 +$0.26 +3.88% 63,788 share for $445,560 23-May 10:00:48
 
Currently up 33 cents to 7.06 glad I bought yesterday at 6.65 volumes looking good my opinion only
 
Hi all just like to mention aed its starting to look very bullish, whats other members opinion as i would like to know ps i own some of these. dyor
 
rocka1 said:
Hi all just like to mention aed its starting to look very bullish, whats other members opinion as i would like to know ps i own some of these. dyor
Click to expand...

These started looking bullish when it first broke $5.20 on volume.
It was kinda in a stage 1 there for a bit over 4 months, from $4.75-5.20.
I was just watching, waiting for the break.
I was in at 5.43 about 2 weeks ago.
 
Well done nizar i got in yesterday at 6.65 100k worth am gonna sit in this one its allready paying off well.
 
nizar said:
These started looking bullish when it first broke $5.20 on volume.
It was kinda in a stage 1 there for a bit over 4 months, from $4.75-5.20.
I was just watching, waiting for the break.
I was in at 5.43 about 2 weeks ago.
Click to expand...

I might wait for a pullback before getting in on this oiler....all those break a way gaps...you think they'll take a while to fill?

Cheers,
 
Well the gaps are filling just hit a new record high $7.08 lots of buyers hardly any sellers ,my opinion only dyor ps new high now 7.15 and still looking good
 
rocka1 said:
Well the gaps are filling just hit a new record high $7.08 lots of buyers hardly any sellers ,my opinion only dyor ps new high now 7.15 and still looking good
Click to expand...
NOT A BAD DAY UP OVER 8 % NEW HIGH OF $7.25 depth still looking good whats members thoughts, take over rumors maybe , ps my opinion only dyor
 
The gap filling strategy might be a bit of a waste of time with this one, so tightly held and very few on offer day by day, so many gap ups from 4.38 - 7.25 hope that might help. regards beach
 
imajica,
did you notice in the AFR snippet, that even at the closing price yesty the expected forward P/E was 2.5
....no wonder people are still buying in big time !!
 
HI resource boom how do I get hold of afr snippet, ps some new members wouldnt know what you're talking about cheers
 
Hi Rocka,
Sorry about that, I was referring to the small snippet in the Australian Financial Review that imajica mentioned. I saw the article in my lunch break, but don't have online access so I cant post anything.

And for any newbies that dont know what a expected P/E (price earnings ratio) of 2.5 is: UBS expect that the companies FY08 earnings be so large, that in 2.5 years the profits will equal the current total value of the company.

So it still is very cheap at this price, ASSUMING everything goes to plan when they start producing oil. Enjoy

imajica said:
AED gets a mention again in the financial review today on p22. It says that UBS upgraded its price target from $6.46 to $8.22
Click to expand...
 
Holy crap!!

Just had a look at AED after getting back from work. What happened at the close? Why is the spread so massive? Was there a massive buy on the closing auction?

Sorry for the questions... just didn't get to look at the close today...

Looks like a total selling capitulation to me... but still not in oversold territory (78). So it could be interesting... When the fundamentals are crazy like this ones are, it can go anywhere. It's great fun anyway...

Cheers,
Chops.
 
Stock is in the process of being re-rated to over $8 on market consensus driver by major broker valuations. If you look at the PE against forecasts, a sp well north of $10 is a reality inside 2 years.

Granted that this is conditional upon management delivering forecasts. I am only sorry that I waited & watched the sp rise from $0.96 to $4.80 before investing

 
HI CHOPS A MUST my opinion is the price is up and heading up further as there is more buyers and no sellers at the low end, company is under valued, i was on the market all day the price never looked like falling below $6.97 all day last 20 min of trade no sellers below $7.00 all above, ps i may be wrong my opinion only im amatuer
 

Thanks for the thoughts fellas. Agree entirely, obviously... I think it could do $10 very soon with the amount of momentum this monty has going. However, some of the fib extensions I have on it seem to be grouping between 9.75 and $10. So perhaps strong resistance at this level? Perhaps getting there by first oil and going through after production confirmation? With a comparable sector P/E applied of 5-7... a SP target of between $12-14 to me looks possible.

What an absolute stonker of a stock to own though...
 
does anyone know the average P/E for an oil producer?

in smart investor mag it states that the industry average P/E for the oil and gas sector is 29

BPT has a P/E of about 10

at a P/E of 5 or 7 we can expect stellar returns (conservative)

at a P/E in line with the industry average we can expect returns of 'woodside' proportions

I believe that AED has significant room to grow because:

1. tightly held share register (only 75 million approx)

2. production imminent with massive room for reserve upgrade

3. massive revenue stream will fund further exploration and expansion in 2008
(this expansion will develop AED into a powerful force in oil)

good luck to all holders - looks like we both agree on this one Chops!!!!
 
Well it had a long stage one between $4.75-$5.20 for maybe
And you know what Stan said, the longer the stage 1 the stronger the stage 2!

Yeh tight register only 78million shares.

Earnings of $2/share next year. Average P/E for the energy sector is 16.
Half that, lets take 8, and you'll see why i consider guys like UBS to be bearish on this stock!

And remember production soon oil will be sold under TAPIS price thats much higher than WTI
 
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