NZ Oil & Gas (NZO)

[Snapper]

Thanks for that, Phaedrus. To tell the truth, I was quite surprised at the close correlation - if Macdunk's prediction comes true and oil hits $200 then that chart bodes well for the shareprice (we'll just forget about his other prediction!)

[Corporate]

Thanks for the fascinating insight provided by the graphs .
It seems from these it is almost as if the sp of nzo is dictated by external factors-price of oil and exchange rate rather than internal factors-such as rate of production of tui and the prospects for prc and kupe . Fundamentally the internal factors are for more profound-eg tui is producing twice that expected.

nz dollar has had a big fall tonight-down to 69 cents-if sustained overnight sp should rise tomorrow. Rise today could be due to expectation of outstanding result on friday .
Maybe a double whammy pushing up prices tomorrow
Bermuda has an uncanny record of being right in his predictions .

Roll on friday! I'm looking forward to reading the annual on the plane home friday night.

Maybe the stars will align this week....US$ down, oil up, big profit annoucement, dividend and a SP of $1.70+

[the machine]

another hurricane in the caribbean might spur on the oil price - just intime for the annual report.

m

[manxman]

Maybe the stars will align this week....US$ down, oil up, big profit annoucement, dividend and a SP of $1.70+

That many stars in alignment could be obscured by a single flying pig.
I wonder if we will get news of a future project?

[Chalice]

That many stars in alignment could be obscured by a single flying pig.
I wonder if we will get news of a future project?

Depends on how high the pig is flying and how big it is.

[Corporate]

Well buy side is building, I haven't seen it at 600k for a while! Sell side just at a Million also lower than in recent times.

Price up 4c on decent volume so far today.

Wish I'd had the balls to pick up more at $1.41-42 but I'm already loaded up.

[Phaedrus]

NZO is currently trading at $1.58. A Close of $1.56 or higher will have broken above a 46 day Moving average (fitted to the preceding uptrend) giving a Buy signal. There have been 4 previous Buy signals as per indicators featured on earlier charts. In order of triggering, they are :-
(1) Break of OBV confirmed trendline. Entry at $1.48
(2) New uptrend (end of downtrend) Entry at $1.50
(3) Break above previous resistance. Entry at $1.54
(4) Break above confirmed trendline. Entry at $1.54
(5) Break above Moving average. (?) Entry at $1.58.

[Crypto Crude]

last night I was sitting up in Bed watching the DOW open on Bloomberg, Boy it was quite amazing... In the space of an hour (or so?) Oil prices ran from $112 to over $120.00...
"New Zealand Oil and Gas and Coal and Condensate" is set for a very bright future...
One of the few stocks that I have on a long term hold, IE no selling just buying when it dips...
The benchmark for next year is two fifty per share...

.^sc

[Drone]

Going great guns! Oil up, NZD down, Pike firming, result on friday, momentum shifting in the market depth. All looking good! My prediction $1.65-$1.70 by COB friday

[Corporate]

Going great guns! Oil up, NZD down, Pike firming, result on friday, momentum shifting in the market depth. All looking good! My prediction $1.65-$1.70 by COB friday

May even be close to 1.65 by the COB today!