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Yeeeeee Heeeeee looks like tomorrow should see us smash into the 18 cent barrier heading for the magic 19 cent mark.

Argh................ pure bloody genius Dutchy, i've said it before, genius i tell ya. We've got this by the scruff of the neck mate, its not like we never told em hey.

There's 2 million buyers at 17 cents and i reckon they are dream'n, why would anyone in their right mind give them away for that.

I still think 19 cents could be a barrier or holding point for a while, but one things for sure i love the turnover about my average of 12.7. Just keep them shares a buying and selling, its all good and helps to lock in a few more people at the higher price.

Still think anything below 19 cents is a very good deal.

Can't be long until some more news about the Oyong hits the market, i expect it to be delayed by a month but who cares, a month in the scheme of things is nothing.

I wouldnt mind an accurate update on Maari either. Last i heard they were moving things along quiet smartly.

Absolutely chuffed, couldn't be :) er
 
Sometimes a picture tells a thousand words...........................

This is from the report they released today, its nothing new, i have seen it before and know all about it.

Thought a few of you might be interested, it demonstrates why the share price will continue to grow. This picture does not even show Jeruk or any of the other potential sites they have.....................am i convincing you yet?

I still reckon anything under 19 cents is great value
 

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Well Cue continues to look promising and tomorrow should see it break into 19 cents and give me my first prediction spot on target!!!

All this without any news of significance.

Punters are anticipating the relaese of news related to the new Oyong Well and it can't be too far off. Volume is consistent and the upward trend continues.

I still think 19 cents will be a holding point until we get news of first oil from Oyong, then it will be away again.

22 cents will be another psychological barrier that the stock will need to overcome as it represents the price that Todd took up a significant volume of share with the last revenue raising exercise. If Todd decide to hold their shares and do not release any into the market this barrier will be broken relatively easily.
If on the other hand they decide to trade some of these shares then we will be stuck here for a while until the market consolidates.

I wouldn't be selling at that price if i was Todd, but, who knows what they have in mind?

So with the firsat prediction looking likely to come to fruition tomorrow its time to reset the mark. Sooo, i'll go out on a limb and predict 30 cents by end of this year followed by a pull back during the first few months of 2008, maybe back to 22 cents followed by another surge towards the end of 2008 towards 70 cents.

Should be interesting to see how that pans out..............talk about putting your nuts on the line!!!!

Kick A$$ with your trades ladies and gents.

JW :):D:);)
 
BANG!!!!!!

Whats that sound, Cue is taking off...................

Today she hits 21 cents and is currently trading at 20 cents, the opportunity for buying under 19 cents is now gone.

My portfolio is now up 58% ($35,000) in six months and they have not even started to produce anything from the first well.

Lookinf forward to the end of next year when the big well comes on line and the real oil and income starts to flow in.

Looks like we might hit the 30 cent mark before the end of the year at this rate.

JW - can't wipe the grim off my face!! :):)
 
Hi JW

This has alot of momentum behind it from a TA perspective ... just let me know when its time to sell ... I'm seeing 18 + months in this one currently
 
Hi Dutchy,

Well, you have to admit, things do look very, very good!

I think it needs to be held at least until just before or just after Maari comes on line.

At that stage, i think a reassesment of the entire situation will need to be done.

Assuming the fundamentals are still simlar and have not changed significantly and that the trend and momentum are both positive, i will hang on. I will only bail out before Maari if there is a significant change to the fundamentals.

That 22 cent barrier is an interesting one and it looks like we may go sideways for a few weeks building up steam. No damage though, just keep that volume ticking over and new bods entering the market and i will be as happy as pie.

There could be an opportunity early next year to exit the market and re-enter if buyers over inflate the share price. I will be watching this closely because my 12 month CGT is up in Dec & Jan and if the opportunity presents itself i may try to play a few trades and take advantage of price spikes.

What i like the most is that i am only basing my purchase on Oyong & Maari, so, if we hit the big time on any other of the ventures its all just a bonus.

Anyways, will enjoy watching it and lets hope we both do well out of it.

I think your TA skills are better than mine, i am mostly a fundamentals and spec person but doing my best to get a better grasp of TA.

The portfolia went over $100,000 last week for the first time and i am up $39,000 on Cue since entry. Waskily Wabbits...................

Cheers.
 
Hi JW

Financing announcement today for Maari and this one off 9%. Volume light though. Presume just a few jitters from marginal players ....

$100,000 is a nice number so congrates .... I'm all for 6 - 7 digit numbers .... one day ....

The oliers are still looking the goods .... and I'm nicely exposed
 
Yep, just some consolidation and i few nervous bods i would say.

Nothing to worry about at all, she's bound to roll along in waves. The weekly MACD still looks the goods with plenty of momentum. We can't go up every day.

They did mention some time ago that they would have to finance their develpment of Maari so it shouldn't come as any suprise to the punters, however, no doubt some of them have not educated themselves by reading the past reports..........................

For me, it just further installs confidence knowing the big one is only a year and a half away and everything is going to plan. Thats my main reason for getting in early on this one.

Dutchy i have no doubt you will reach the 6 figure numbers. I have read some of your posts and i like your methods.

I just got myself Metastock V9 and hope to have it loaded with the historical data by end of next week.
Once loaded i am very interested to perfect your downward triangle technique, so i maybe asking some questions.

Some news about Oyong can not be very far away.

It will be interesting to see what this one closes at next Friday.

Still as happy as a pig in poo :):):D
 
Hi JW

All the best with MS ... I use the same and after years of attempting to use some of the tools therein ... I've stopped and use it now to produce simple charts. The ones I post here.

CUE I'd look at loading up on yet my CFD provider treats it with 30% margin so will need to be content with what I have at this stage.

Have a look at AEX ... I've posted under this stock .... this has energy brewing
 
Splattered again today to the tune of 7.5%, obviously the financing for Maari is an issue for some investors/traders.

Not to worry however, still well infront.

Next few days will be interesting and more to the point the finish on Friday is what i want to see.

Through 05/06 there seemed to be a support level around 20 cents, so, since this was broken some time ago and it has turned large volume below it maybe it has become the new resistance level?

I thought 19 cents would be a difficult one for a while and of course 22 cents is another one to overcome. Saying that we seemed to waltz through 19 cents a few weeks ago with relative ease.

Maybe its just trying to find the new support level since the dramatic rise over the last few weeks.

Just the one sinister thought, could there be trouble with Oyong and this is some insider hittng the market?

I'll be holding regardless and the strategy does not change unless the fundamentals alter dramatically, especially because i do not want to trigger any CGT this financial year.

Lets shake out a few of the monkeys & worry warts, see em running for the woods with their undies around their ankles, later players!!!

JW:D:):D
 
The Monkeys have left the trees, all somewhat poorer than when they climbed in i suspect. Strange business this share market game.

There was definately some insider that hit the market, the trading GAP sticks out like dogs balls before the announcement. Makes you wonder what the ASX are thinking not to question it? Blind Freddy can see what happened...............

If only i had some spare cash about when they dropped.............someone made some big money out of that!

All that behind us, the long term prognosis still looks as good as ever. Just a matter of being patient with this one. I thought there would be a delay to Oyong but not 3 months, but in the scheme of things it will probably be insignificant when we look back in a year. Weekly MACD looks excellent and further to that the way it is rebounding and the strong support at 17 cents is very encouraging.

Still holding long, waiting for Oyong and Maari.

JW
 
Well, an interesting day for us today, good volume and momentum continues to build, onwards and upwards for those patient investors.

Seems like next week we will be testing that all important 22 cent barrier and seeing if we can hold above it. This really interests me and if we can hold above and Todd does not start to dilute shares into the market i reckon we will skip along towards 30 cents in no time. Time will tell...........

Cue still looks the goods to me and being on board the oil train at present has to be a good thing as it roars toward the $80.00 per barrel. Although, the cost of fuel has to begin to hurt the average guy on the street sooner or later and we do run the risk of further interest rate hikes.

Still holding long for Maari and becoming increasingly wealther with each passing day.

Hey Dutchy, you still on board buddy, its all smiles at my end!!!!

Looking forward to next week.

JW :):D:)
 
Hi JW

Glory glory love the look ...

compounding nicely know ...

All the Best with this one I'd say it has plenty left in the tank
 
Hey Dutchy what do you make of the announcement today?

From what i can gather this essentially sums up Singapore Petroleum Company Limited (SPC)

'Singapore Petroleum Company Limited (SPC), founded in 1969, is today a regional oil and gas company with interest in oil and gas development and production, refining, terminalling and distribution, marketing and trading of crude and refined petroleum products.'

http://www.spc.com.sg/

Seems they have accumulated 34 million shares from late April to late June.

Someone has obviously seen the value Cue Energy offers (not just you and me), looks like they got on board around the same time as you did (15 cents). Wouldn't suprise me if those high flying stockbrokers are starting to take notice of your decending triangles methodology. About time you got some credit Dutchy!!
:);):D

Volume was again reasonably strong today, do you reckon they are still accumulating and if so what is their strategy?
They have 5%, i can't help but think that they could be after a substantial stake in this company?

Wouldn't suprise me to see an off market transaction between them and Todd in the coming months?

That being the case, my mind is thinking that they could be eyeing off Cue as a possible take over target. It fits perfectly with there core business. Its a long shot at this stage but, hell, this is what its all about, nothing like a bit of speculation to get me through the day.................

Dutchy, i've said it a few times before, PURE GENIUS!!!

Every indicator is strong, momentum is excellent!!

Held above 22 cents today, looking for continued volume and incremental price increases for the remainder of the week.

The amazing thing is, 'they havn't done anything yey', ohhh hooo, i can't wait for a few good reports to hit the market.

Looking forward to tomorrow JW :):D
 
Wowsers interesting to see the markets getting smashed around a bit!! Adds a bit of spice to thiings and keeps it interesting...........

Cue seems to be holding its ground very comfortably and today there was once again good volume. Pushed down to 21.5 then rebounded like it has been doing for some tme now.

I'll be suprised to see it drop below 21.5.

Of course the quarterly report to 30 June 2007 was released today. Interestingly they have nominated the end of August as the time the Oyong well will begin to pump first oil, YEE HEE!!!:) Although i wouldnt be suprised to see this push out a week or two.
Regardless, we will soon be pumping more of the black gold @ $70.00 per barrel.

One other EXTREMELY interesting thing to take from the report was the very last paragraph on page 6. Corporate Matters.
It states 'From time to time, Cue receives enquiries from companies with respect to possible merger concepts. None of these proposals to date has proceeded beyond preliminary discussions'

Now there is one very, very, interesting statement. Never seen them throw that one around before.

Could this mean that they have a possible merger proposal on the table and are at the preliminary discussion phase as of release of this report?

Would not suprise me in the least, and further to the point, you would have to think either Todd or SPC would be the prime candidates?

Nothing else really exciting in the report, just the usual suspects............

Still holding long for Maari and looking forward to seeing how first oil towards end of August bumps up the price....................

Portfolio up $44,000 on Cue since entry.

JW :D:):D
 
Announcement today - Informal approach by SPC / details unclear, however, indication that SPC wants to work more closely together.

You little beauty!!!!

Saw that one coming from a mile off..........................all good from where i am sitting. Lets hope we can work together to the benefit of both companies. I'll be crossing my fingers, eyes, legs and buns hoping this one comes off.

Announcemet 2 - see a subsidiary of SPC is now buying up more shares.

Looks like SPC have Cue in their sights, i hope they continue to gobble up shares and tighten up those available in the market.

Is it just me or is the potential for SP increase for Cue dawning on anyone else??

Seems obvious to me, SPC keeps accumulating stock, Oyong and Maari about to kick off. All should lead to less shares in the market and more interest in the stock, leading to increased price. Sticks out like dogs balls, been saying it for 6 months now!!!!

Can't wait for end of month...................:):D:)
 
Singapore Petroleum Company Limited has increase there stake in CUe again with on-market buying of shares...

It now has 6.75% of the shares.

I dont know much about this copnay but i sure hope they have predatory ideas..

Benwex
 
Well Cue got smacked about the chops a bit when the market dropped but with SPC soaking up shares like a dry sponge support is NOT a problem.

Yep, dont see much downside at the moment.

Agree Benwex, here's to hoping SPC is after a much bigger stake in the company.

The next six months should be awsome, loads of positive things happening.

Looking forward to more announcements and new oil flowing.

Portfolio now valued at $108,000 up $48,000, what more needs to be said!!!!

JW:cool::cool::D
 
ASX site is showing a new announcement for Cue, increase in holdings for Octanex but it does not show in my Etrade announcements folder.

See here http://www.asx.com.au/asx/research/...s.jsp?searchBy=asxCode&allinfo=on&asxCode=CUE

Another company increases their holdings, bit of competition for SPC after all.

Pull up a two year chart and have a look at the trend indicators, check out the MACD. If ever you need to be convinced this one is ony going to go in one direction this should just about hook you.

Its just like Queensland, beautiful one day and perfect the next, just loving life....................:D:):D happy camper
 
Portfolio hit $113,000 on Friday and so i've effectively just about doubled my original investment since last December, nice little earner.

Next week will see the Oyong production barge reach the oil platform and begin preparation for first oil - Yee Hee!!

Hopefully first oil will flow relatively quickly after arrival.

I'd say the next two months should see the price push towards 30 cents with little resistance, unless we get some unexpected negative event.

Fingers crossed that SPC gets hungry for more shares. They wont be getting mine!!!!

Oh boy, getting excited about 'Maari' next year and it aint even Xmas yet.

JW :D:):D
 

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