AOE - Arrow Energy

[nsitt]

Look at AOE go.....up 11%. Nothing like a good presentation and a big buyer to spark a rally. I'm very keen on this stock Chris just like you are. I think its just the two of us in this one

No your not

I've been holding on to this since the mid 90c mark and have persisted with it even though all the tech indicators are sayin time to go. Can't rely on indicators all the time!!!!! Let price, volume, and NEWS be king.

As you said, no bad news at all, i put the recent share price decline down to lack of frequent news deterring holders from holding so profits were taken after last months rises.

 

[chops_a_must]

No your not

I've been holding on to this since the mid 90c mark and have persisted with it even though all the tech indicators are sayin time to go. Can't rely on indicators all the time!!!!! Let price, volume, and NEWS be king.

As you said, no bad news at all, i put the recent share price decline down to lack of frequent news deterring holders from holding so profits were taken after last months rises.

Me three.

Nice bounce off key support at 1.11. Fundamentally a great enterprise.

 

[LifeisShort]

so that makes four believers. I'm riding this one all the way. I do know one of the top 10 shareholders in this one and they aren't sellers. Long term holders. Chris what you've mentioned is spot on.

What I look for in a company is a leader or close to in its field....tick
Niche market.......tick
Global growth expansion potential.......tick

plus some others

 

[nioka]

Look at AOE go.....up 11%. Nothing like a good presentation and a big buyer to spark a rally. I'm very keen on this stock Chris just like you are. I think its just the two of us in this one

I've been in this one for some time and watched my money more than double and expect to be with it for some time yet. Don't post on this thread often as Chris keeps everyone informed most of the time. It is one of those steady stocks of the "berger" type, (it just keeps on and on.)

 

[chris1983]

so that makes four believers. I'm riding this one all the way. I do know one of the top 10 shareholders in this one and they aren't sellers. Long term holders.

LIS you know lots of people Anyway I hope all the current holders make a nice profit. Looks good for tomorrow. Im expecting them to hit a new high tomorrow. They should continue to chase the price of QGC..that would be a nice scenario. I wont be cashing in anytime soon though. I have this labeled as a longterm hold like some of the others on this thread.

 

[chris1983]

Well the opening was a little dissapointing I was expecting them to push higher today but QGC retraced and we are falling in line with them. I cant wait untill the QGC takeover is done and buried so we arent always rated under them.

 

[LifeisShort]

Yeah its a bit ridiculous that at the moment the company is not going up on its own merits but because its competitor is. Although its good to see that Santos has valued QGC at 710million which should make AOE thereabouts or more. Right now its around the $670million but potentially it could be huge. Reading the presentation from yesterday on the company just reinforced my beliefs.

 

[chris1983]

Arrow have something like 70 million cash at bank also. I dont think QGC have that much cash in their kitty atm.

 

[trueblue]

Don't let's forget Sydney Gas, it is starting to recover also.

 

[nioka]

It would appear from todays news from OSH that the gas pipeline from New Guinea is a dream from the past. This must be good for AOE ond MOS. Probably already factored into the price.

 

[LifeisShort]

It would appear from todays news from OSH that the gas pipeline from New Guinea is a dream from the past. This must be good for AOE ond MOS. Probably already factored into the price.

This is still the overhanging negative for AOE until its finally put to rest by Oil Search. Sounds like finally maybe they have put the idea out to pasture.

 

[LifeisShort]

Interesting article thats for sure....

http://www.abc.net.au/landline/content/2006/s1749914.htm

 

[chris1983]

Nice jump with this one again. Hit 1.27. Atleast one of my shares is going up today

 

[LifeisShort]

There is plenty of life left in this one. If only I got some more at 1.11 a week or 2 back.

 

[chris1983]

They are looking good LIS. Looking really good Too bad I cant get all 3 of my major plays going up at once. I'm looking forward to Arrow breaking through its previous high of 1.30

 

[chris1983]

Somethings definately changing in arrow today. We may break that previous high.

 

[chops_a_must]

Somethings definately changing in arrow today. We may break that previous high.

That was a bizarre move straight through 1.30.

 

[chris1983]

That was a bizarre move straight through 1.30.

I know..but I'm liking it. Cant wait untill this 1.30 mark is dead and buried! I think this will be the day There must be a message on the cards. Hopefully in regards to their Indian assets.

 

[nsitt]

Happy to see AOE back up to 1.30 where it belongs. After a very quiet start to the year things are picking up again. Solid company. Chart is starting to look better now as well Glad to be holding

 

[chris1983]

Well it ran to 1.34 but it seems that profit takers have pulled it back. Happy with the break over 1.30 though. A movement like that doesnt happen for nothing. Someone knows something. Should be interesting to see if any developments happen in the up coming weeks.