Tuesday 23 November 2010

Trading update

(picked a day for it, off 2.5% on the day!). Overall up 60% on the year at the moment. Current plan to to sell out of XEL after news next week and start to build EMED as it becomes isable for next year. GKP probably only has a couple of quarters too before it is taken out as well. Plan build up IAE and AEY with that money.

Name
Current
Price
Buy
Price
Target
Price
2010 YTD
MNR
71
25
120
-10%
EMED
8.88
9.8
48
-10%
XTR
1.6
2.6
4
-30%
AST
6.45
6.6
20
-2%
GKP
177
93
350
80%
IAE
135
59
300
40%
HOIL
366
308
450
20%
XEL
246
59
590
325%
POL
5.3
4.1
5.5
25%
FDI
25
28
36
-10%
AEY
59
66
115
-10% 

6 comments:

Budgie said...

CU, I am in most of those, except XEL (drat!), IAE and AEY. Are any of these three worth getting in at this stage?

I also still have MAX (recovered well after oil find), RPT (badly hit by Ukraine government), and PPA (also poor). Is RPT worth a bet on recovery, since it is a producer?

I got out of MNR too soon but still an amazing 480% up, thank you. Also got out of L&G too soon (my own pick, but doubled anyway). SDL is doing well for me too - any ideas of prospects?

Devil's Kitchen said...

Alas, I went for AST rather than XEL. Having said that, of course, AST is well up from my buy point of 4.3p; they have been up at around 10p this year—that would be a healthy profit...

DK

CityUnslicker said...

Budgie - AEY is at the bottom to buy in now. Next year they will drill their wells and could multibag.
IAE too at 135 is a buy, I expect it to double at least over 18 months. And they both go in an isa.

RPT dog...not sure it will recover?

DK - AST has its future ahead of it, you have done well at 4.3 - my target is 20 becuase that is LESS thsn some analysts and all the drilling is to come in the next 6-12 months.

roym said...

Have i missed something, 590p target for xel? been in since 70 so great if it has those legs.

been ok with BHR, RRR, and SXX since summer (15-30%) on each, but really need them to actually get something out of the ground.

12% up on BP which in a couple of years is either going to have been really clever of me, or a total balls up. who would have thought BP would be a blind punt!

CityUnslicker said...

roym - jealous. Looked at RR for ages at 1.5p, never bought not look, 10 bagger in a few monhts.

Obsidian said...

I bought in at BARC too high - ~300p - whilst KMR is a whole 1% up...

SPH is looking like a dog, debating cashing out with a small loss.

XTR and OTC I'm hopeful on, especially as I've almost doubled my money on XTR, and over 10% up on OTC.