LNC - Linc Energy

[Calliope]

Good post Panacea. I suggest that newcomers to Linc who wish to get a handle on what's going on could profit by reading the Price Waterhouse report,all 54 pages of it;

www.lincenergy.com.au.pdf/ucgreport-01.pdf

 

[basilio]

Thanks Calliope. I tried to access the Price Waterhouse report but it did not seem to be available. Perhaps it is on a non public part of the Linc site.

Do you have a copy you could forward to me?

Cheers

 

[Calliope]

Thanks Calliope. I tried to access the Price Waterhouse report but it did not seem to be available. Perhaps it is on a non public part of the Linc site.

Do you have a copy you could forward to me?

Cheers

Cheers basilio. Go to lincenergy.com.au
Click News and Links
Click UCG Report
Click PDF

 

[jast28]

Gas Worth Billions Maybe Too Risky....From the Courier Mail, 12 July 2008



http://www.lincenergy.com.au/pdf/coverage-129.jpg

 

[grace]

Buying seems to have started again, in fact going very strong over the last few days (considering overall market). Is this the buying before the announcement....do insiders know something? Up a nice 11% today to $3.85.

 

[eddyeagle]

Held off from buying this one last week around 3 bucks and it has jumped 30% in a couple of sessions!

 

[basilio]

Well Eddy it looks as if you can get back in at a nice fat discount !

I have to say the sharp rise and then immediate falls are disconcerting. Are we in a situation where the creation of near instant stock price changes for immediate profit is the main game?( Okay that may be pretty obvious..) My guess from the rises in the past 2 days and I suppose Graces comment was that announcements on the final successful commissioning of the pilot plant was imminent. Therefore there was some knowledgeable money buying in ahead of the announcement.

But perhaps there is more to this in terms of stock manipulation. Any other thoughts?

 

[ColB]

"...I have to say the sharp rise and then immediate falls are disconcerting. Are we in a situation where the creation of near instant stock price changes for immediate profit is the main game?( Okay that may be pretty obvious..) My guess from the rises in the past 2 days and I suppose Graces comment was that announcements on the final successful commissioning of the pilot plant was imminent. Therefore there was some knowledgeable money buying in ahead of the announcement.

...But perhaps there is more to this in terms of stock manipulation. Any other thoughts?..."

Hey Bas & Eddy, some fairly decent orders in the last 10 minutes!! And there were a lot of trades at the opening where decent parcels changed hands at very high $3's some of which sitting on a significant paper loss at the end of the day.

Me, well bought another 7000 @ $3.66 and not happy with that so another 7000 at 3.49 (almost the bottom). It will go back up again! (WON'T IT )

04:10:41 PM 3.450 4,219 $14,555.55
04:10:41 PM 3.450 600 2,070.00
04:10:41 PM 3.450 6,026 $20,789.70
04:10:41 PM 3.450 15,000 $51,750.00
04:10:41 PM 3.450 65,930 $227,458.50
04:10:41 PM 3.450 10,000 $34,500.00
04:10:41 PM 3.450 4,845 $16,715.25

 

[korrupt_1]

Held off from buying this one last week around 3 bucks and it has jumped 30% in a couple of sessions!

yeh same here.... especially after reading the daily reckoning report last week... i still hesitated... argh!!

... *sigh*... the one that got away!

 

[Go Nuke]

Not sure if I'm allowed to say this , but got some info today to buy LNC as it could go to $5++ next week or 2.

Girlfriends aunty knows a top 20 holder through some way,shape or form.

The last time I got this tip it went from $1.76 to $4.
I didn't buy then either and I'm not buying this time around simply becasue i have no money.

Goodluck to LNC holders.

 

[ColB]

Not sure if I'm allowed to say this , but got some info today to buy LNC as it could go to $5++ next week or 2.

Girlfriends aunty knows a top 20 holder through some way,shape or form.

The last time I got this tip it went from $1.76 to $4.
I didn't buy then either and I'm not buying this time around simply becasue i have no money.

Goodluck to LNC holders.

Hey Nuke, Did your girlfriends aunties cousins sister buy any??

Seriously, though, a broker or 2 have a $5 target or so during the next 12 months and if you believe Dan Denning (The Daily Reckoner) the SP is going to the moon (and back again).

I didn't buy then either and I'm not buying this time around simply becasue i have no money.

I can identify with you on that one. I might be selling the latest purchase for a quick profit (I hope) as the redraw is copping a hiding.

Regards CB

 

[Calliope]

I am an optimist at heart, but I always worry whenever I buy shares whether the person selling the shares is more informed than I am. On the other hand I have a feeling that the person buying 65,930 lnc shares @ 3.45 at the close of the market yesterday is better informed than we are.

 

[jast28]

A mention of LNC in todays (22 July 2008) FIn Review page18.

Another investment we can consider is Cougar Energy (CXY).

 

[Go Nuke]

Gee how gay is the Fin review!

You have to subscribe to read that article...unless I'm missing something.

Could someone give us a brief rundown on the article please?

I pulled up stumps on FMG to buy into LNC today.

Wasn't going to let another of those hot tips pass me by

 

[ColB]

Originally posted by Calliope -

I am an optimist at heart, but I always worry whenever I buy shares whether the person selling the shares is more informed than I am. On the other hand I have a feeling that the person buying 65,930 lnc shares @ 3.45 at the close of the market yesterday is better informed than we are.

Calliope, nice little $30k paper profit in 2 days!!

Originally posted by Go Nuke -

I pulled up stumps on FMG to buy into LNC today.

Welcome aboard Nuke. I see you found that money you were looking for! Didn't you have some other share you could sell? FMG is going to go up 20% over the next 3-4 weeks Isn't that what happens when you bail out and into something else. I hold both. But you've done the right thing you will make more out of LNC. Last time I said something like that without supporting facts I got chastised.

Supporting facts as follows..... Gut feeling

 

[Go Nuke]

Originally posted by Calliope -

Calliope, nice little $30k paper profit in 2 days!!

Originally posted by Go Nuke -

Welcome aboard Nuke. I hold both. But you've done the right thing you will make more out of LNC. Last time I said something like that without supporting facts I got chastised.

Supporting facts as follows..... Gut feeling

Hahah..yeah like I was saying. I made a crappy 15% gain out of FMG over a 7 month period and the wobbly sp was making me too nervous and getting too close to my buy in price. So I thought....why keep it in FMG if I can (hopefully) make more in LNC.

I see you found that money you were looking for! Didn't you have some other share you could sell? FMG is going to go up 20% over the next 3-4 weeks Isn't that what happens when you bail out and into something else.

Aww don't say that! That would be my luck too. And no i didn't have anything else to sell. They are all losses Well most are.

 

[jast28]

LINC Energy in Top 150 Companies 21/7/8

http://www.lincenergy.com.au/pdf/coverage-134.pdf

http://www.lincenergy.com.au/pdf/coverage-133.pdf

 

[ColB]

Originally posted by Calliope -

Quote:
I am an optimist at heart, but I always worry whenever I buy shares whether the person selling the shares is more informed than I am. On the other hand I have a feeling that the person buying 65,930 lnc shares @ 3.45 at the close of the market yesterday is better informed than we are.

Originally posted by ColB -

Quote: Calliope, nice little $30k paper profit in 2 days!!

What a difference a couple of days make! $30k paper profit to $12k paper loss. Looks like it doesn't matter how well informed we are when the market turns like this Calliope.

Another buying opportunity? Still holding. Won't sell.

I believe in LNC. I believe in LNC. I believe in LNC

 

[eddyeagle]

I cannot believe how volatile this one is!!!

Still waiting to enter - trying to get a feel for the sp movements... but it is extremely erratic!

 

[Calliope]

Yes Col, I also am a believer and will roll with the punches. I think that those heading for the exit are being spooked by the down turn in energy shares. There is no reason fluctuations in oil price should affect Linc. I have just dug out the !2 June BBY Analysis of Linc. At that time their valuation of the share price was 5.50 based on the long term price of oil at US$65 a barrel.