LNG - Liquefied Natural Gas

[yogi-in-oz]

Hi folks,

LNG ..... should be a BIG rally soon, especially
10-20112006, a several positive time cycles come
into play .....

happy days

yogi



=====

 

[Green Machine]

LNG - Liquefied Natural Gas Pty Ltd

Anyone have any thoughts on this stock?

LNG propose to build a 1.3mtpa LNG plant at Gladstone, with gas to be supplied by Arrow Energy who hold a 10.3% stake in the company. First production due to commence in early 2011

According to a Woodside Petroleum report in 2007 supply/demand for LNG is expected to grow from 180mtpa (2007) to 380mtpa by 2015.

See report from Bell Securities regarding more info on LNG website www.lnglimited.com.au Obviously alot of uncertainties here and very much a speculative buy, but potential could be huge.

 

[antzlovinit]

Well LNG have reached new highs and looks like big wins for me..although still holding as it may have greater potential in the years to come!

 

[eddyeagle]

Surprised LNG hasnt received more attention on these forums - shareprice has more than doubled since start of July. Australian Small Cap Investigator seem to think it could go to 7 bucks! Anyone got any thoughts?

 

[cancan]

yeah I know. I did read the report that it predicted to go up to $7 and I bought it two days ago at like $1.87....and it dropped back the last two days...hurt!

Anyone got any prediction or news that LNG will reach to $7?

 

[pops11]

Heres your answer from todays Australian...but as to who well who knows, i would suggest a producer already and not explorer..LNG ? MEO ? ESG more than likely but hey how longs a piece of string ?

OIL and gas giant China National Petroleum Corp has secured a $US30 billion ($35bn) low-interest loan from China Development Bank to finance overseas acquisitions, with Australia's lucrative liquefied natural gas assets believed to be on its radar.

 

[Riddick]

yeah I know. I did read the report that it predicted to go up to $7 and I bought it two days ago at like $1.87....and it dropped back the last two days...hurt!

Anyone got any prediction or news that LNG will reach to $7?

I hold 6700 units. bought in at 55c.

My current plan is to hold this position until this current rising cycle ends. when will that be? who knows. I don't have an opinion in your 1.87 buy in, I think a bit depends on your plan and your tolerance for risk. My view is that this stock will rise above 2 bucks early next year or maybe even before.
I think in the medium term it will rise above 2 bucks for the following reasons:
1. good business plan in an emerging market - longer term holders will be seeking entry.
2. almost a gauranteed market if and when they go into production. with current gas prices, anywhere from 100 - 300 million in the first 2 - 3 years of operation.
3. LNG has the jump on the competition for at least 12 months. 12 months = lots of $$
4. medium term outlook in terms of construction, technology etc, looks pretty good.
5. The stock still represents good value at $2 bucks if you are looking to hold for medium to long term.
6. LNG is a target for takeover. watch a hefty premium on price should this occur.

this being said my falling exit is $1.55, subject to weekly change.

depending on your position sizing, strategy and tolerance for risk 1.87 looks ok, but you have to decide if it represents value.

as for reaching $7, this is purely a moot point. will it reach 7 bucks? sure if the company is around in 20 years time. wil it reach 7 bucks in the short or medium term. - I'd be surprised. $3 maybe but i can't see any reason for $7 until production starts.

good luck with your positions on LNG everyone, just don't jump off too quickly...

 

[cancan]

thanks for your thoughts there Riddick. Let hope so too. I am aiming at holding for a medium term- so hopefully I double my money and I will be happy...

 

[Sugar Dunkaton]

LNG has some news out today - Golar LNG released the same News overnight on the NASDAQ, Looks like it could be good for the company and may run a little in the next couple of days (continue its run is probably a better description.)

Getting a fair bit of press from AFR, The Australian and SMH

 

[eddyeagle]

I took my money off the table at $1.80 after it had a very very rapid rise. Just thought it had run too hard too fast. Seems to be consolidating at current levels though, so will look at getting back in at some stage.

 

[Pivotonian]

LNG down almost 10% today on very high volume.

I haven't seen any new news - anyone have an idea what is causing this?

 

[skyQuake]

LNG down almost 10% today on very high volume.

I haven't seen any new news - anyone have an idea what is causing this?

9.6 Million shares were crossed at $1.25 (S1XT). The ones that got the shares are selling out (at a nice profit)

 

[Pivotonian]

Ah, of course, the flippers coming in to the market.

Thanks for that skyquake - thats twice you've helped me today!

 

[nazzysmith]

Well potentially this stock will most likely sit tight now for the fore seeable future. Its still a great stock IMO and yes I own it.

Will be interesting to see if it can hold above 1.20 into the future. The last sell off suggests there is a strong segement of owners at 1.25(obviously considering the SPP) . Although I have to wonder if there is any over hang left who may keep the stock down in the 1.30 area.

Im long term so happy to hold.

Nazzy

 

[Pivotonian]

Another big day in the red for LNG - down close to 10% on big volume.

Looks like eddyeagle might have had the right idea, selling out at $1.80 ...

 

[Permanence]

Another big day in the red for LNG - down close to 10% on big volume.

Looks like eddyeagle might have had the right idea, selling out at $1.80 ...

Wish I did that at $1.81 rather then buying more of them!

anyone have any idea why its had such a harsh couple of months?

 

[nazzysmith]

The stock had a Premmy at 1.90 .

Followed by a for those who sold at 1.90

Remember while the stocks fundamentals are solid(IMO)

You need to time your buy.

Right now there is a real risk of 1.02 which is the next level of support.

Remembering though that this is worth triple in under 2 years.

Nazzy

 

[Permanence]

The stock had a Premmy at 1.90 .

Followed by a for those who sold at 1.90

Remember while the stocks fundamentals are solid(IMO)

You need to time your buy.

Right now there is a real risk of 1.02 which is the next level of support.

Remembering though that this is worth triple in under 2 years.

Nazzy

im a newbie to these forums (if you haven't guessed by my post count lol)

would you be so kind to tell me what you mean by words like "premmy" "stock fundamentals are solid" and "next level of support"

are you suggesting there will be more pain before gain here? I have the intention of keeping these for long term anyway so I wouldn't sell out.

 

[nazzysmith]

Permy,

I won't take the piss.

Cause like you im a newbie too.

But premmy was slang for it had a premature ejac.............

It had no right being up there

Way to soon

And unfortunately today it bounced off a dollar.

or alternatively it is now a very good time to buy.

Nazzy.

 

[vincent191]

Hmmmm....I wonder where LNG is going to get the funds to build train1? I guess they will have to borrow it. Things do look a bit different if they are going to have a $500 million debt. Further there is a lot of options issued (to the Directors??). LNG holders potentially face a massive dilution. DYOR. Obviously someone has including their CFO.