SHG - Sunshine Gas

Geez !! - just noticed SHG hasn't had a 'post' since Dec 07!

Have been wanting to have a closer look at it recently - and considering they are well established in the red hot CSG sector I find myself wondering why they don't get much of a mention - They have some fairly prime ground and assets such as Lacerta building nicely.

Are there any holders on ASF?

Anyone care to give an opinion as to why SHG seems to be the unmentioned poor cousin of the CSG superstars?? - QGC, AOE etc.

Could they be a t/o target??

SP seems to be bouncing nicely after recent correction....

-dukey

Well Dukey
IMO Lets be realistic Its had a great run ?

Market confidence is shot most are now jumping ship
One cant even say hold the line anymore
now its drop the baby and run !

SHG was a favourite of mine this time last year
Yes it has great potential as most CSG companies do

But at what price

Watching from atop the fence !

kingbrown said:

Well Dukey
IMO Lets be realistic Its had a great run ?

Market confidence is shot most are now jumping ship
One cant even say hold the line anymore
now its drop the baby and run !

SHG was a favourite of mine this time last year
Yes it has great potential as most CSG companies do

But at what price

Watching from atop the fence !

Click to expand...

Well If everyone else is jumping off.... I'm thinking about jumping on... if the fundies are still there. I don't really think SHG has had much of a run at all since Dec07- compared to other CSGers. -see comparative chart. - Though it did double from Sept07 to Dec07..... has now fallen back to those Dec levels.

NOTE# I'm not a chartist by any means so can't really interpret much except that it may be turning up now. In fact all three seem to be... how long it will be sustained is probably up to market forces.

Maybe SHG is pretty good value at the momoent - especially with BG/QGC on the prowl.

I for one will be investigating further...

Go well.... GO GASSSSSSSSSSSSSSSSSSS

-D

There mustn't be any holders of SHG on this forum - well with the takeover announced, but yet to formalise - we've been left with a great jump in SHG sp.

QGC however seems to be getting cheaper.

Anyone else think SHG's going cheap to QGC?