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Junior oilers
Lately I have been bullish about oil, and I believe that the second half of next year will provide good buying opportunities into these junior oilers. I'm looking basically for NZO clones over on the ASX or even the NYSE. Oilers that are on the verge of production or have already started producing and have low forward looking PEs. I only know of a few at the moment, and they are all displaying topping patterns. Any suggestions?
Disclaimer: Do not take my posts seriously. They are only opinions.
AMR has sold all shares and is pursuing property.
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Originally Posted by AMR
Lately I have been bullish about oil, and I believe that the second half of next year will provide good buying opportunities into these junior oilers. I'm looking basically for NZO clones over on the ASX or even the NYSE. Oilers that are on the verge of production or have already started producing and have low forward looking PEs. I only know of a few at the moment, and they are all displaying topping patterns. Any suggestions?
Next weeks AUST FINANCIAL REVIEW will have a special section on hot oil and gas stocks.
Watch out for
VPE
BOW
TEX
PES
SPX
NZO to name only a few
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I'm not sure about " low forward looking P/E's" but I have small stakes in :
AOE
BOW
NWE
AWE
CUE
and am looking hard at VPE.
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we could be off and running early jan08 with a few junior oilers ....
esp... ETE , watch this one , it will just up and away during Jan/ feb. [ This has been held down and something is going on IMHO { hearing things}]
like BAS MOG STX over next 3 months .
Hold ETE BAS
dyor
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Originally Posted by AMR
Lately I have been bullish about oil, and I believe that the second half of next year will provide good buying opportunities into these junior oilers. I'm looking basically for NZO clones over on the ASX or even the NYSE. Oilers that are on the verge of production or have already started producing and have low forward looking PEs. I only know of a few at the moment, and they are all displaying topping patterns. Any suggestions?
I hold OEL which is well worth a look, & they have JV's with IPM & NDO.
PSA & AMU are very cheap & i have held them also.
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My Oil & gas holdings are ARQ, ROC, EXR, OEL
The first two are long term holds, whereas the last two are more of a "speculative punt"
Also intend to add some NXS to the long term portfolio sometime.
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Add to that list
TDO
KTE
BUR
CUE
.^sc
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Originally Posted by Shrewd Crude
TDO
KTE
BUR
CUE
.^sc
BUR is looking very cheap Shrewdy. I guess the big question is when will it turn?
Soon I recon
Last edited by STRAT; 28-12-2007 at 03:41 PM.
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Bur
BUR keeps getting cheaper Strat/SC.
15c is yet to be broken, but it's getting close again.
All BUR followers are mystified as to why the market won't acknowledge it. Nice to see it popping up on a few lists for te 2008 comp.
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