MOS - Mosaic Oil

[Dutchy3]

Excellent excellent .... I'm holding LONG and holding up ... watching the oil price too and that looks like 70 might be behind it for now too ... ta

 

[Dutchy3]

Hitting 19 today for the first time from the current correction ... goodie goodie.

Nice increase in volume associated

 

[Dutchy3]

I've a fair % of my capital in this one ... bit too much in fact ... still reasonable volume response today and the price action encouraging ...

 

[klt599]

any thoughts on the current situation with mossy?
when does the next drill start?
seems fairly good value at the current prices

 

[nioka]

any thoughts on the current situation with mossy?
when does the next drill start?
seems fairly good value at the current prices

I've spent the day doing my tax return. MOS is second only to VCR as disaster stocks for that financial year. I think they are just hanging around waiting and hoping for a takeover offer.

 

[nioka]

I have had a rethink on MOS today in view of their latest report where they have lifted the EPS from 23c to 55c. This is a good result in my opinion. I've made a small reentry with 10,000 shares and will watch for further developments. I've been critical in the past based on their dismal SP although I could never understand the reason for it's poor performance there and I still don't. Todays bear market seemed a good time for a bull trader like me to get in.

 

[bvbfan]

Those figures are way to high for something trading at mid teens. I think it is probably 0.23c to 0.55c

P/E would be about 25 on those numbers

 

[nioka]

Those figures are way to high for something trading at mid teens. I think it is probably 0.23c to 0.55c

P/E would be about 25 on those numbers

My mistake in quoting I left out the decimal point. Without the decimals it would have been a miracle and I would have sold everything I had to buy at today's price. A good result though and with the potential for further improvement this year I think they may finally be on the way. Thanks for the correction I hope I haven't misled anyone with the error.

 

[tronic72]

Anyone currently holding MOS?

Am looking to buy. Huntley's updated their recent recommendation to a Speculative Buy. With the current oil prices and their current price at a 5 year low I can't see why any BIG reasons not to buy. (P/E Ratio is a bit scary)

Interested to see what some of the members think.

 

[nioka]

Anyone currently holding MOS?

Am looking to buy. Huntley's updated their recent recommendation to a Speculative Buy. With the current oil prices and their current price at a 5 year low I can't see why any BIG reasons not to buy. (P/E Ratio is a bit scary)

Interested to see what some of the members think.

I've finally given up on MOS. Held them for over 2 years waiting for something to happen. I had expected them to be taken over before this but if someone hasn't wanted them by now then there must not be value there exceeding the current SP. I was happy with the PE ratio because they were improving and it is never good for a developing company. I thought they had prospects, and I still do, but the progress is too slow for me.

 

[drmb]

Anyone currently holding MOS? Am looking to buy. Huntley's updated their recent recommendation to a Speculative Buy. With the current oil prices and their current price at a 5 year low I can't see why any BIG reasons not to buy. (P/E Ratio is a bit scary) Interested to see what some of the members think.

Was my dog stock for years and finally sold out to buy something with more reward, BMN. The only time it seems to spike is when there is talk of a take over but the suitors after due diligence seem to ffffade away. I thought it had prospects but gave up, there are far too many other candidates for my money with more encouraging things happening for them eg BMN

However, I think Oilsearch (?) had an interest for a while but seems to have gone quiet.

Good luck, it must come right one day (said the owner of inl)

 

[tronic72]

Was my dog stock for years and finally sold out to buy something with more reward, BMN. The only time it seems to spike is when there is talk of a take over but the suitors after due diligence seem to ffffade away. I thought it had prospects but gave up, there are far too many other candidates for my money with more encouraging things happening for them eg BMN

However, I think Oilsearch (?) had an interest for a while but seems to have gone quiet.

Good luck, it must come right one day (said the owner of inl)

Cheers,

Thanks for your feedback. I tend to be one of those traders who looks for shares that have under performed. It seems MOS fits the ticket as they keep getting investors hopes up and then disappointing.

I have one more question. Why is the PE Ratio so High? It's 22.64 which is pretty high for me but I've noticed the energy sector has an average PE ration of 29.63. "Please explain"

thanks again.

 

[nioka]

Cheers,
Why is the PE Ratio so High? It's 22.64 which is pretty high for me but I've noticed the energy sector has an average PE ration of 29.63. "Please explain" [/B]

thanks again.

Most energy stocks are explorers hoping to find that gusher and an added "gambling" increment is added to the price. In addition is the peak oil factor which should lead to future price increases.

 

[Uncle Festivus]

Is this the accumulation time after the capitulation time? More drilling to commence soon, cash of $17m. Basically at this price a play on exploration success as existing ops are still cash flow neg?

 

[nioka]

To me this is one of the coal seam gas producers that is being left out in the cold. QGL and AOE have been receiving plenty of publicity and have had good SP gains but MOS has been left behind. I would have thought it would have been a takeover target as it has substantial assets, plenty of good lease area and plenty of reserves. Am I looking at this through rose coloured glasses?. I exited once at 14c but bought back in recently because I decided "it's time".

 

[Trader Paul]

To me this is one of the coal seam gas producers that is being left out in the cold. QGL and AOE have been receiving plenty of publicity and have had good SP gains but MOS has been left behind. I would have thought it would have been a takeover target as it has substantial assets, plenty of good lease area and plenty of reserves. Am I looking at this through rose coloured glasses?. I exited once at 14c but bought back in recently because I decided "it's time".

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Hi Nioka,

MOS ..... 3 positive time cycles in March 2008 should see
this one rally off its lows ...

2902-03032008 ... positive spotlight on MOS

21-24032008 ... 2 cycles and positive news expected

3103-01042008 ... negative spotlight on MOS

02-03042008 ... significant and positive cycle

08042008 ... negative news expected

15042008 ... negative cycle ... finance-related ... ???

23042008 ... minor and positive news expected

01052008 ... minor and positive focus on MOS

have a great weekend

paul



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[digajack]

MOS broke thru resistance @ 0.12 and 0.125 today on good volumes. Could be a good day tommorrow if buyers maintain interest. Here's hoping

 

[pointr]

Mosaic appears to be doing good things with their current drilling programme in Queensland. They released an announcement this morning after an extended test of Waggambe4H which included the words"commmercially attractive" from memory. They have had 2 from 2 sucesses with this current programme with a lot still to drill. They have also had some upward movement in the SP. We are now just in the black after being in the red for a fair while.
Perhaps one to watch??

 

[digajack]

Yes, it appears by the volume...almost 5 million that the market like today's announcement....let's hope for another big day tommorrow and the sp could rally again.

 

[kingbrown]

Just jumped into this stock yesterday after watching it rally with the others plenty of upside broker talk for this one

GO THE MOS !!!

It just featured in the Eureka report !