AEL - Amplitude Energy

[laurie]

Great day for COE why! well the rest were down and it held it's own maybe just maybe today will bring some news[ nearly always around 11am] we all be waiting for.STU reported good news and hopefully it will spill over to COE with it's 1/4ly report

cheers laurie

 

[solomon]

Does anyone hold this stock? Or am I the only one?

Does anyone have any thoughts on Cooper?

thanks

 

[njc.corp]

Does anyone hold this stock? Or am I the only one?

Does anyone have any thoughts on Cooper?

thanks

u are not the only one-

i have a bit invested in it-
thoughts-well i dont really have much to say about it then that i am not enjoying the down trend this thing is been on lately-buts thats the risk u take with juniors-

of course their will be better things to come if their next exploration brings some good news- its due later this month or early june from memory-

Thanks

Nick--

 

[ColB]

Hey Soloman! Hang in there! As NJ indicates there is probably good news to come soon. I bought at $0.51 recently after one of their wells was a duster and sent the SP from around .90c down to current levels.

On 9MSN Money (The Speculator) has this to say.......

"Cooper Energy chairman backs his company

Cooper Energy's shares were sold down to as low as 47c in the third week of April after its Gurame-1X well on Indonesia’s North Sumatran coast proved a dud and was abandoned.

Cooper’s share of the well cost it about $5 million, but the market ripped more than $20 million of the company’s value. Yet it has earned and retains a 22.5% interest in the block which will be re-assessed for other seismic targets. This well was more-or-less a sideshow to Cooper’s main asset ”” oil production in central Australia, where the company’s share of reserves is projected to rise by 25% to 1.25 million barrels by mid-2008. That equivalent to five times current annual production.

At 50c, Cooper's 252 million shares are valued at $126 million and it retains more than $60 million in net funds after writing off the Indonesia adventure.

Readers who earlier followed the Speculator into this stock might be encouraged to known that chairman Michael Scott bought on market at 49.5c another 200,000 Cooper shares on Monday, lifting his holding to 557,881 shares. Following the well failure, broker Euroz Securities’ analyst Oliver Foster in a note to clients valued Cooper shares at 91c, after halving the value of the company’s holding in the Sumatran block to just 3c."

The info above is enough to keep me in (speculative or not)

Good Luck!

 

[solomon]

Thanks for the encouragement, I'm haning in there. I hope that the market wakes up to see COE the way I do.

 

[solomon]

Looks like someone must be listening to me! The price has been moving gradually up over the last few days.

 

[solomon]

Whoo hoo up 9% today! Does anyone have any thoughts as to how much further this little fella can run?

 

[njc.corp]

Whoo hoo up 9% today! Does anyone have any thoughts as to how much further this little fella can run?

last couple of days and today is adding to the cause but-i cant give u any idea where its heading-

because the last news was no good and if the new test's or drills come back bad again it will go down to where we have been before-( of course)

i might have to go back and see why and what cause it to go over $1.00+ in past-it won't reflect the future but it will give me a better understanding if this stock's price's are driven by results or good new's

all in all enjoy it if theirs good times ahead??????

Thanks

Nick--

 

[ColB]

Hey Sol, watching this one today with some joy like yourself. Went searching for an announcement but none! The old story of the market knowing before we do possibly applies here or maybe its just because oil is becoming the flavour of the day.

How far will it go? Who knows, it could do a GCR and drop back tomorrow but I'll be hanging in there waiting for it to test its last high of 85c.

Maybe YT, Kennas or TA maybe able to give a more detailed appraisal if we ask them nicely!

Good luck to holders.

 

[laurie]

Maybe you have not heard the news lately oil hit a high of $130 a barrel on its way to $150!

cheers laurie

 

[kenny]

Here's an interesting article that reviews COE nicely by the Speculator.

Hope it helps.

Cheers,

Kenny

http://money.ninemsn.com.au/article.aspx?sectionid=2338&subsectionid=79751&id=574212

 

[solomon]

I sold out in the last rally (not at the top unfortunately), and am back in today (not right at the bottom unfortunately). I still think this little fella looks good and lets hope the oil price action helps tonight.

 

[AussiePaul72]

COE is confusing me at present and i'd like to be enlightened by anyone that has some thoughts on it!
A lot of analysts are saying that COE is undervalued at present and has a lot of potential at these SP levels. We saw what i considered to be a very good announcement recently which virtually had no effect on current SP. At the time i put it down to the poor market sentiment on the day it was released but since then we have seen the SP retract further to sub 50's. I bought in at 51.5c and am still confident the SP will rebound but i just don't understand who in their right mind would be selling at levels below 50c and making money particularly with such positive outlooks for COE?????
I have noticed also there have been lots of small share packages (<$1000 worth) at certain SP levels on both the buy and sell sides. Does anyone know what is happening here?
I look forward to hearing peoples comments on COE and the way they read what is happening at present! Good luck to all fellow holders

 

[Biggle]

I have been watching COE for a while and I can't help but think the price drop is being caused by a lot of small bot buys eg 100 shares. The current price seems to be the lowest it has been for 2 years so I don't think whoever is selling at the moment could be making a profit or even breaking even. I believe someone is selling it down and accumulating. I thought a few days ago when a big buy order for about 700000 shares pushed the price up to .52 the stock would head north. With the POO at record highs, to me it defies logic why the SP would be at a 2 year low unless it was being manipulated down. Hopefully they will get their fill soon and things will pick up. Just my opinion.

 

[AussiePaul72]

I have been watching COE for a while and I can't help but think the price drop is being caused by a lot of small bot buys eg 100 shares. The current price seems to be the lowest it has been for 2 years so I don't think whoever is selling at the moment could be making a profit or even breaking even. I believe someone is selling it down and accumulating. I thought a few days ago when a big buy order for about 700000 shares pushed the price up to .52 the stock would head north. With the POO at record highs, to me it defies logic why the SP would be at a 2 year low unless it was being manipulated down. Hopefully they will get their fill soon and things will pick up. Just my opinion.

Yes I agree Biggle ...... surely sellers can't be making profits selling at these levels and the only reason i can see for selling is to manipulate the SP and accumulating more from holders that get too nervous and sell out. Fundamentals are very good and as far as i can see i don't think the SP can remain at these low levels for much longer. Please let me know if i'm missing something ..... but COE is a very good buy at these levels IMO ..... DYOR first!!

 

[Trader Paul]

Hi folks,

COE ... expecting 2 time cycles to bring some positive news,
early this week .....

have a great weekend

paul



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[Trader Paul]

Hi folks,

COE ... expecting 2 time cycles to bring some positive news,
early this week .....

have a great weekend

paul

=====

Hi folks,

COE ..... as expected, this one is ticking up nicely now, on the
back of an investor update, today .....

happy days

paul



=====

 

[AussiePaul72]

Seems we are starting to see a turn around in SP direction for COE. I managed to pick up some more today at the intraday low of 42c.

Less than 20,000 volume on offer under 45c on the sell side. Some resistance seems to be developing between 40-41c which is very encouraging.

I'm looking forward to seeing where COE ends next week. With COE a producer together with some very interesting exploration prospects to be drilled, it has potentially got a lot of upside.

I have been patiently waiting for a turn around and hopefully this is just the beginning. IMO there was no need to be forced into panick selling with the SP decline, it was having confidence in the fundamentals and seeing it as a great buy opportunity

 

[solomon]

Cooper has been on vacation or something, well south anyway. That said there was a nice bounce today.

I don't like the chances of bagging Incremental.

Do any other holders have a thought on the bounce or incremental.

 

[Kuri]

Cooper has been on vacation or something, well south anyway. That said there was a nice bounce today.

I don't like the chances of bagging Incremental.

Do any other holders have a thought on the bounce or incremental.

The bounce was probably due to the advertorial in the AFR today. It alks uo the offer for incremental but with all the stringent conditions applied by COE it has small odds of succeeding. If it does succeed I think we would have bargain though and plenty of money for new exploration.