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CUE - CUE Energy

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Hi everyone,

This is my first post here, just to introduce myself and say that I have enjoyed reading the information that you have posted.

I would be interested to hear some opinions on Cue Energy Resources and hear what you think will happen to it over the next two years. Along with any other information you may have.

I have started to accumulate substaintial quantitiies of shares in this company, it is the only share i hold and my average is the current market price of 12.5cents.

I intend to hold theses shares until the Maari field comes online, possibly two years then sell them. Thats my strategy and my only strategy.

My theory is simply that they appear to be at the bottom of downward spiral with two produciton wells coming on stream and significant increases to production over the next two years.

Your thoughts ladies & gents?
 
Chart is starting to look interesting. Bit of extra volume on a small rise today, might be worth sticking on the watch list.
 
Agree completely sweet, its bubbling away nicely. Lots of buyers there now and daily volume is ticking over.

I am loaded with shares now (average 12.7 cents), let the waiting game begin. All my eggs in the one basket, risky, but sure makes you feel alive!

Have a look at the 2yr Earning forecast - Year 1 is 41.4%, Year 2 is 252.7%. Mirrors what i have said about the two new production wells coming on line, of course assuming there is no delays or other unforeseen problems.

Also, always potential with exploration.

I see the first support level at 19-20 cents if they do take off, then around 25 cents, after that its anyones guess.

I expect there will be an announcement soon regarding Oyong. Does anyone have any information about how this is progressing?

I would also like to hear any other information you can provide.

Good luck with your trades.
 
Hi Everyone

From my TA perspective I like what I'm seeing. The FA seems to match ... This could signal a buy as early as next week ... lets see if we can get a big white breaking into 15+ by next Friday
 

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Hi folks,

... will be watching 13-16042007 closely for CUE news/moves ...

have a great weekend

paul

 
Hey Yogi,

Can you expand on your suggestion of "16-17042007 ... negative ... finances???".How have you arrived at this conclusion?

I can't see it happening myself but in this game nothing should ever be ruled out. The only relationship to this could be the existing revenue from Gobe declining. Although the well is in decline, returns from this project are still expected to continue at approximately the same level in the short term. Oil prices have also been consistantly high.

Other than that, the only other things i can think of is additonal costs associated with Oyong & Maari, additional exploration cost or a buy out of an existing lease from another company.

If there is truth to this then it could represent an excellent opportunity to sell a substantial parcell of shares then reenter the market at at lower price. Especially if there is also good news the week before this as you have suggested.

I will wait for your explanation but, i may place a tight trailing stop loss that week and see if your statement holds any weight.

Regardless, we are due for news, its been a month now since the last release.

JW
 
This one could easily move back to 25 ish ... some of these oilers are building what could be great potentials
 
Spot on tiger!!

I hope you got in today, you picked it yesterday. Tomorrow should open at 15 cents, volume is growing along with interest. Still no announcement.

The Wabbit picked it like a snotty nose and has been accumulating for some time now. Would be willing to bet Rogers left testicle on this one!

The share price has taken a significant battering over the last year and there was loads of support around 12-12.5.
Remember also that Todd Petroleum Mining had to take up a huge share issue at around 22 cents i think it was about a year ago, do you hink they are going to sell for less than they bought in. I dont think so!!

Its a simple equation: the downside is limited, there is loads of support around 12.5 and the icing on the cake is Oyong & Maari. You don't need to be Einstein to see that the potential is there.

Don’t discount Jeruk either, its complex but, they still don’t know the full extend of things with this one. Well that’s my understanding. It is not going to be as big as first estimates, but that does not mean it will not produce oil.

Having all your eggs in one basket is a risky business but, pure genius when you get it right.................

I now have 483,000 shares, bring it on!!!

JW
 
Dutchy3 said:
This one could easily move back to 25 ish ... some of these oilers are building what could be great potentials
Click to expand...

How so???

Please can you qualify??

Do you own CUE and how long have you held/followed this company??

Thanks in advance

Benwex
 


Hi folks,

CUE ... expecting a spike in price, later this week.

As posted in previous CUE thread:

13-16042007 ... 3 cycles near the end of this
positive period for CUE ...

16-17042007 ... negative pullback ... finance-related ???

26042007 ... minor and positive cycle

30042007 ... minor and positive news expected here

happy days

paul

 
Lovvvvvvvvvvving it!!!!!!!!

This share is away, i hope some of you got in when i first posted. Well worthwhile monitoring it i would suggest.

Keep an eye on volume and price, i my opinion 19 cents is the next major support level and it may take some time to push through this?

Still no news but obviously the speculators are in and i am willing to bet that as soon as the news that Oyong is operational or near to operational it will jump to 19 cents.

If anyone has information on Oyong i would be interested.

JW
 
JW,

Well done with CUE. I have a small quantity of them. I was put on to them by StockResource.com.au, along with several other money making stocks (eg QGC - the bulk of my eggs are in that basket).

For doing a Stock Resource plug, I don't think they will mind me quoting a little bit from their last CUE report (Nov 06):

"Stock Resource Recommendation
Cue Energy falls under the radar of most broking houses and hence is vulnerable to sentiment swings under the influence of day traders. There is no doubt that the Jeruk downgrade has exacerbated the company’s underperformance, however the company offers solid value on its other assets.

For example, in comparison with the market valuation for Horizon Oil, the market capitalisation of Cue can be justified on its interest in Maari alone. We are comfortable at continuing to recommend Cue as a value play which is likely to recover by early 2007 and with the current weakness providing an opportunity to dilute our average entry price."

I home their comments add to you confidence and enjoyment.

Regards,

Darryl
 
Hi Benwex

Yes I own it and bought in more yesterday ...

This chart looks to me to have great potential ... I've been doing this for a while and although this has not 'broken out' I feel sure it will this week
 

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Hey Hecklemann nice one, pure genius, pure genius & Dutchy , good to see you are enjoying the profits with me

I just find it difficult to beleive that this one is not getting more publicity. I am now up $14,000 since December and i reckon its easy money.

Turn over is substantial and its now trying to break out past the 15-15.5 barrier which has been a ceiling for the last few weeks.

I have absolutely no doubt it is heading for 19 cents by end of June as i said a few weeks ago.

Don't want to sound like i am ramping this stock but i did tell you about it a few weeks ago and i'll say it again now, get on board before it hits 19-20.

Good luck with your trades

JW
 
Jessica,

I have another one for you from Stock Resources - Gunson [GUN].

They had a spike last week and have dropped back again. I think that one is very worthwhile at the current 32 to 33 cents. I predict that the next 12 months will see at least a doubling in their share price as their mineral sands mine comes on line.

I currently hold 100k GUN shares.

Regards,

Darryl
 
Thanks Darryl,

I will keep an eye on it but i really have put everything i own into this one as i have said. I do have a little spare money but i am keeping that as cash for the time being.

I decided to back myself in 100% when i saw Cue drop to 12 cents back in December 2006, it was just too good a bargain to pass up.

I have a friend who i have convinced to buy some Cue shares but he wants to put some of his money elsewhere so i will let him know about the one you have suggested.

I will not sell my Cue shares for less than 19 cents and i also dont want to sell any until next financial year.

If they get to 19 at the end of June as i have predicted then the plan is to day trade with about 40%-50% of my shares. I will be selling on the good news and buying on the bad.

I will see how this goes, i have done well doing simlilar in the past.

But, like i said at the start, my strategy is to hold the bulk of my shares until Maari is in full production which should be 2008 sometime, hopefully.

Today was once again a good day for Cue, trending towards hitting the 16 cent barrier. I expect this to happen either tomorrow or by end of next week.

No need to sell a rising share, especially with two new production wells just around the corner. all smiles here
 
Well boys the cash just keeps rolling in, now up $23,000 since i purchased.

Hope some of you got in, volume today is closing in on 8 million.

Should get to 19 cents in June sometime, as predicted.

Hey Dutchy, i pi$$ed myself last week when i saw that your post had been removed, i knew you had been 'toasted' for that one and it really made me laugh. It was gold.
Anyways, glad to see you are shovelling in the profits with me. This is only the beginning, just wait until a the wells kick in and some profit comes in then she will rocket away.
And Maari, glorious Maari, it just keeps getting better...............
 
Hi JW - did I get a delete? I wonder why? I didn't get advised of a delete and this is a post about a stock ... nothing too risque.

Still ... this one indicated future intentions strongly today ... I see your up $23K so far .... bonza .... you either put it all on the nose or your account size can stand the risk. What money mgt techniques do you use?
 
Well, money management techniques, let me see..................

I am or was PS146 compliant, think it may have expired, not to worry though my days in the finance game are gone, for a job anyway. Not that i ever really abided by what i was taught, well i did because it was company policy but that does not mean to say i thought it was correct. But i do have a good grasp of the concepts i finance.

I have a trailing stoploss now on my Cue shares and thats about as detailed as it gets. I do pretty much have most my funds in this one, so its a tad/alot risky if she goes pearshaped, however, i have always been one to back myself in and this is no exception!

If i am wrong i will take the loss, but, i am pretty confident that my buy at average of 12.7 cents is a safe bet, just ask the guys who bought 10 million today.

I have watched Cue for years, i was in on the last run they made and made some very good money so i know them reasonably well, very well actually.

Unfortunately that year i also lost a considerable amount of money on SBS which essentially neutralised my gains. Very dissapointing year that one, i was actually on Oludeniz Beach in Turkey when i went to check my stocks in an internet cafe and SBS had halved in value. Whoops...........those were the days before stop losses, DOH!!!

Anyways, i bided my time and kept an eye on Cue as they dropped in price then like i said, they got to 12 cents and thought its time to buy.

I check them several times a day and keep an eye on things to the best of my ability. What more can you do.

To me they are a no brainer and it would seem like a few others may finally be catching on.

Todays volume was 9950141, its got to be a good sign.

Exit strategy is to wait until Maari kicks off, just hold onto the reins and enjoy the ride. Hopefully sell towards the end of 2008.

I like companies that are about to begin mines, wells or provide a source of new income with potential to offer other positive suprises. I just think Cue fits the description.
 
Hi JW

Thanks doe the reply ... seems you have some industry knowledge and I too am looking for this one to now move into the 20 range.

I see 2008 might be a time frame from your reply ... OK I'm into that sort of time frame ... here's to monitoring for the next weeks/months
 
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