JPR - Jupiter Energy

[Realist]

Petee, the IPO of JBF wont happen, although JPR are talking about funding it themselves now.

The Stock price has pretty much bottomed out, and oil is at quite a low price at the moment.

JPR has potential at its current cheap price of 7c IMHO.

Unfortunately most of us payed alot more than that.

 

[petee]

Petee, the IPO of JBF wont happen, although JPR are talking about funding it themselves now.

The Stock price has pretty much bottomed out, and oil is at quite a low price at the moment.

JPR has potential at its current cheap price of 7c IMHO.

Unfortunately most of us payed alot more than that.

oh sorry Realist i havent been up to date on the JPR news..how do u know the JBF IPO wont go ahead????has that been stated???

 

[maverick11]

I spoke with the MD a couple weeks ago. He said they will be going ahead with the biofuels project but funding it internally now rather than through IPO. How they plan on that i'm unsure.

Damn shame about the current market sentiment IMO because biofuels will be a massive winner. He said they are currently putting things together and will release news accordingly.

I have asked myself whether to hold or sell, and I guess I'm going to hold this one in the bottom draw until eventually it picks up again. At least that way i might save on some capital tax too

I think at current prices it is a good buy, but yeah, most of us paid around 20cps!

 

[petee]

oh ok..yea i just read the announcements now and see that the JBF IPO has been withdrawn..what a bummer for all the ppl that bought in for the free spec shares..#%*(&^$$##dog..well on the bright side i guess it opens up possible buying opportunities but somehow i feel many punters were dupped into an IPO that maybe was doomed from the start..hmmm any thoughts

 

[Beethoven]

Petee, the IPO of JBF wont happen, although JPR are talking about funding it themselves now.

The Stock price has pretty much bottomed out, and oil is at quite a low price at the moment.

JPR has potential at its current cheap price of 7c IMHO.

Unfortunately most of us payed alot more than that.

Funding it internally? You mean a placement? If that is true than it's going to drag the SP even further down.

 

[petee]

Funding it internally? You mean a placement? If that is true than it's going to drag the SP even further down.

gee any lower and it will crawl under a pregnant ant

 

[petee]

Funding it internally? You mean a placement? If that is true than it's going to drag the SP even further down.

well seems that way..i guess just hang in there guys..who knows it may well rise on some good news but to sell now if any bought above 10 would be to realise a loss..good luck all

 

[Morgan]

Yes, I broke some of my personal trading rules and am burning on this one too.
But at least it has let me make a new personal trading rule: `Don`t sell CBH to buy JPR`!
Hope that makes some of you feel better.

 

[dingos]

i have a new rule also dont sell PNA to buy JPR , and also no deal is too good for stop losses

 

[YOUNG_TRADER]

Hey guys I hope this helps re-ignite Bio Fuel investment and turns your ship around, I hate to see people lose money.




Aussie firm plans Asian biodiesel plantWednesday Nov 1 21:14 AEDT
Australian renewable energy firm Natural Fuel Ltd will break ground on the world's largest multi-feedstock biodiesel plant in Singapore next week.

The plant will be built on Singapore's Jurong Island, home to the bulk of its petrochemical processing facilities.

A spokeswoman for the company could not immediately confirm the production capacity, cost or date of completion of the plant.

Natural Fuel will look to South East Asia for most of its feedstock in the form of vegetable oil from soya, palm and canola.




The Australian company has plans to build three other biodiesel plants, one in Houston, Texas in the United States, and two in Australia, in Darwin and Sydney.

 

[constable]

price is low and nobodys wants to sell at this price! (lack of available stock resulted in the sp being pushed up) It was a great opp this week for the buyers i bought in at 63 then dumped them same day at 66 65 64. Kicking myself a little for selling ,bought back in 150000 @ 68 . No real support underneath this price but its a similar story on the otherside with no one wanting to sell either . Bit of a keeper this one for me (hold for 2 months unless something explosive happens) and not going to set a stop on it for the next 2 weeks or so.
So what if they fund their project internally they wouldnt do it unless they could afford to at the end of the day why isnt this better for the sp?
Disclaimer
I havent taken my medication to day this could all be jibberish

 

[Morgan]

.
oh the pain.........

 

[constable]

be a buyer of despair .......well i bought another 125k @ 56 of pure grief, surely we are seeing the bottom now!

 

[petee]

JPR is looking sicker and sicker as the days go on..any comments on this one when the bottom may be???or how long is a piece of string???

 

[constable]

JPR is looking sicker and sicker as the days go on..any comments on this one when the bottom may be???or how long is a piece of string???

Well i wouldn't call it the bottom yet at todays close of 5.3 cents . Still got plenty of downside until they make an ann. that makes anyone believe otherwise!
Am currently holding 250000 @ 5.82 cents purely as a medium term gamble believing that an ann on project funding is imminent , otherwise this stock is r.s and will get dump by me at 4.8 cents. How many other believers are out there? Not many im tipping!

 

[Rainbowsend_au]

Still holding here.

 

[Freeballinginawetsuit]

Anyone who's got some time to kill should read this thread from start to finish, what a blast. I nearly fell off the chair in hysterics, some of the posts are gems! , classic emotions spilled out.

 

[petee]

Anyone who's got some time to kill should read this thread from start to finish, what a blast. I nearly fell off the chair in hysterics, some of the posts are gems! , classic emotions spilled out.

yea thats it freeball..classic trading on emotions only..well i guess everyone wants to make money and when the rumour mill starts turning punters jump on and as stated in "trading psychology" chart,this is almost exactly whats been happening..i guess this thread is a warning to all..beware of ramping and DYOR...good luck all im watching this one and may buy if gets under 3cents ...i feel for all the punters that bought in on hopes that biodiesel float went off...

 

[Morgan]

............but that printed prospectus was just so beautiful!!!!!!!!!!
:grenade:

 

[constable]

jpr ann. sold of rights to project for $1mill it would seem. i havent worked out return per share but doesnt seem like much.
Not holding.