MHL - Monitor Energy

[bradkrussell]

Hi,
Long time viewer - first time poster. Thanks for the advice regarding MHL. Got on at 3.3 and 3.5. How imminent do you think a really important announcement will be. I am looking at selling a few today at around the 5 cent mark and then rebuying if they go any cheaper. I just don't want to miss out on a sudden price hike. Guess that's the risk I am taking.

 

[Risky Trader]

Does anyone know is there will be any goods news during the AGM or does will the meeting help the SP?

Annual General Meeting
707 Wellington Street Perth WA 6000

Wed, 28 Nov 2007
9:00AM

 

[Dukey]

Hi,
Long time viewer - first time poster. Thanks for the advice regarding MHL. Got on at 3.3 and 3.5. How imminent do you think a really important announcement will be. I am looking at selling a few today at around the 5 cent mark and then rebuying if they go any cheaper. I just don't want to miss out on a sudden price hike. Guess that's the risk I am taking.

Does anyone know is there will be any goods news during the AGM or does will the meeting help the SP?

Annual General Meeting
707 Wellington Street Perth WA 6000

Wed, 28 Nov 2007
9:00AM

Welcome bradkR - I think if you look back through the thread over the past few days - MHL has said that farm-in discussions are 'well advanced' or something to that effect. Exact timing of ann. would be hard to pick I think but people seem to expect it very soon. Maybe that means sometime before the AGM. - others may have better ideas there ??

Don't think I'll be taking any profits until after we hear about partners AND more updates from the field - at the earliest. Personally I wouldn't bank on MHL falling much from here - it's just too hot and into blue sky territory now - new all time highs etc. Chartists may be able to offer more insights there...
- and DYOR - of course...
good luck - E.

 

[kpas]

YT - MHL is an absolute pearler of a stock - and it seems the story has only just begun. Wouldn't be surprised if your targets turn out to be quite conservative (barring catastrophe that is..) given the attention and excitement in the market about this one. As indicated by recent volume spikes - 34mill by lunchtime today!!!

I got on a little while back @ 3.6c and plan to be in for the long haul like many others - though I may take a few tidy profit as insurance at some stage.
Great work of course - by yourself particularly - you certainly have a great nose for sniffing out the 'next bolter'!!!
Good luck to all holding ... dukey

Without putting a target on it.. YT's estimates do generally fall in the conservative ranges.

YML for example was always coined at around $1.20 -- and it ran as high as $1.70.

One thing I have learnt though is it's never worth selling for these tiny gains, there is a lot more to come for the patient.

 

[happytown]

from the quarterly activities report, for the period ending 30/09/07, released to ASX on 01/11, re the kyrgyz oil and gas projects:

The Company has continued discussions with third parties for the possible farm out of the Kyrgyz oil and gas licences and anticipates a favourable outcome in the near term. This will include expenditure for seismic surveys and well drilling.

from the same ann:

The field data acquisition has progressed well, with the southern, At Bashi blocks completed, and progress on the north eastern Issyk Kul licences is well advanced, with completion anticipated in late November.

several times recently the sp has run only to be met with intra-day resistance at .047, today it has pushed through on good volume

would be nice to see a farm-out agreement ann with a major coinciding with oil hitting US$100

cheers

 

[kpas]

Without putting a target on it.. YT's estimates do generally fall in the conservative ranges.

YML for example was always coined at around $1.20 -- and it ran as high as $1.70.

One thing I have learnt though is it's never worth selling for these tiny gains, there is a lot more to come for the patient.

Kennas - I specifically did not put a price target in this post. Could you please clarify what you meant by your comment:

"Reason: please don't post prices without analysis"

 

[AussiePaul72]

G'day all ...... i've been watching MHL since the low 3's .... and unfortunately didn't have funds to jump in at the time ..... i finally couldn't bear it any more and squeezed some funds to enter at 5.2 just before market close. Higher than i wanted to get on but at least its before the release of any news!
I'm looking mid to longterm so i guess it shouldn't really matter .... now a run like RAU would go down very nicely now!!!!

 

[rapture2002ca]

G'day all ...... i've been watching MHL since the low 3's .... and unfortunately didn't have funds to jump in at the time ..... i finally couldn't bear it any more and squeezed some funds to enter at 5.2 just before market close. Higher than i wanted to get on but at least its before the release of any news!
I'm looking mid to longterm so i guess it shouldn't really matter .... now a run like RAU would go down very nicely now!!!!

I did the exact same thing, after selling my share a while back at 3.8c. I decided that I also couldn't bear to see this one go if it goes berko, so I bought back in at 5.2c and I'm looking at the longer term picture.

I'm also praying for a RAU run on this one. Hopefully any future ann are quality.

 

[adobee]

Great interest still this morning .. i would love to see 6c smashed by lunch time !

There sure must be some speculation around..

or in the next two minutes!!!!!

 

[habs]

There are some very big volumes being traded, already at 31 million shares in half an hour....there was 50 odd million all yesterday!... your .06 just got smashed, .061 currently

 

[adobee]

As an experienced trader what are peoples thoughts on those who are buying $100k+ parcels at say 6c .. are these day traders looking to get in and out a few point cents higher.. or big investors who expect the stock to run strongly ??

 

[stock nub]

I wish i wasn't such a poor uni student and bought more of these!
Anyway just curious whats the normal procedure with so called "speeding tickets" as mhl has gone up by nearly 100% lately?

Im not saying that it isn't a justified rise with all the positive news on the horizon but i'm just wondering if they will get queried as nothing too new was in the quarterly report. But with statements like this:

"The Company has continued discussions with third parties for the possible farm out of the Kyrgyz oil and gas licences and anticipates a favourable outcome in the near term. This will include expenditure for seismic surveys and well drilling."

Maybe the price hike is justified as people jump on board the MHL BOAT!!!!!

anyway im a n00b so feel free to correct me on anything wrong and hopefully i'll see some of you at the AGM as ive finished exams by then!

 

[stinger_au]

I wish i wasn't such a poor uni student and bought more of these!

I know how you feel mate i only just graduated from uni and put everything I had into these (i know this can be risky) but from everything i read i thought it was worth it. I got in at 3.6 i wish it had been 3.2 though anyways i was only able to get 250k shares but some guys here have in the millions. So if theses shares hit $1 one day they will all be millionaires lol

 

[thewahaman]

I know how you feel mate i only just graduated from uni and put everything I had into these (i know this can be risky) but from everything i read i thought it was worth it. I got in at 3.6 i wish it had been 3.2 though anyways i was only able to get 250k worth but some guys here have in the millions. So if theses shares hit $1 one day they will all be millionaires lol

I too just graduated, and all I could afford was 60k... Ah well, we've all gotta start somewhere, right?

 

[YOUNG_TRADER]

Hey boys I graduate in December (if I pass )

Actually have an exam tomorrow which I haven't even started studying for, how can you with MHL soaring like this?

Surely it must be the Oil JV thats driving all of this speculation

And Habs perhaps now you see that I'm not a 15-20% profit ramper but rather a seekr of what I believe to be fundamentally undervalued stocks, mkt has backed me up! Nuff said

 

[prawn_86]

Bastards!! I still have 3 more years till i graduate!

I have 4 exams next week, so MHL is just distracting me at the moment.

A welcome distraction though

 

[stinger_au]

I too just graduated, and all I could afford was 60k... Ah well, we've all gotta start somewhere, right?

Yeah good point, so for the people that bought 1 million shares for 30k at 3 cents have now doubled there money (30k profit) thats not bad only thing i want to find out more about is this tax benefit that if you have the shares longer than a year you only pay 50% tax ?

 

[stinger_au]

Bastards!! I still have 3 more years till i graduate!

I have 4 exams next week, so MHL is just distracting me at the moment.

A welcome distraction though

LOL I remember when I wanted to get uni over with ASAP but take my advise - enjoy it wile it lasts

 

[stinger_au]

Hey boys I graduate in December (if I pass )

Actually have an exam tomorrow which I haven't even started studying for, how can you with MHL soaring like this?

Surely it must be the Oil JV thats driving all of this speculation

And Habs perhaps now you see that I'm not a 15-20% profit ramper but rather a seekr of what I believe to be fundamentally undervalued stocks, mkt has backed me up! Nuff said

Mate your a gun, you must of had loads of time on your hands to get all that research done. I did some myself no where near as much as you.

I just read some things and thought it funny how this company could only be worth 3 cents. I wonted to learn from my mistake when i knew about a company that was worth 1 cent and sprinted to 68 cents in one year. So i am glad to have jumped on at the 3 cent mark though if there are any others that got in at 2 cent mark that would be good to hear from.

EDIT - BTW 50k! before noon! man is it just me or is that like nuts ? must be something coming yeah?

 

[brodion]

Yt,
thanks for all your hard work and effort on this stock,i am back in and hoping to pay for my electric gate with the gains..Thank again GO MHL