Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
national geographic had an interesting article regarding natural gas and had some negative things to sy about water fracing but nothing about LPG fracing these guys need to get more publicity
hopefully it will be a good news christmas!
looks like Kenya's anouncement that it wants 25% stake in future oil deals is hurting this stock today...old news really seems like market manipulation and from what I read has no bearing on previous claims such as AOIFF EXCEPT that making it harder for other oil exploration teams could affect AOIFF indirectly because more oil teams would mean more roads,infrastucture,more money for security,etc...
one thing I have learned about stocks is how contrivial the news can be but yet it can still affect the price
someone attacked Sudan and destroyed cargo containers containing arms for Gaza and Sinai Peninsula BUT left the arms factories next to the parking lot where the containers were untouched????
and before that it was Libya being attacked from the air
and helicopter strikes in somolia?
and now Shell wants to go offshore and possibly onshore in somolia?
even a blind man see this area is an area where the action is happening and this one of the places to invest
this may be one of the last huge onshore discoveries
damm wish i had more $$$ only had enough for a few thousand shares
sold 1000 to get 5000 horn
WITH A PRICE TO BOOK ratio under 1,they look oversold right now and their accounting practices have been rated excellent with no hidden surprises so this should go up in the near term with cost cutting measures....long term its a question of wether or not LPG fracing is superior?
as far as I know,oil does not conduct elecricity all that well in fact do they not use petroleum products in capacitors to HOLD back current until it has reached the desired threshold?...lets hope the electrical fault is NOT due to whats being drilled because it would more likely be water....but it probably has nothing to do with whats in the well
from what I have read,there are other african countries also involved along with british and american special forces
anybody know when drilling will commence in the somolia region?...it looks like the new government is going to honor Horns' claims
anybody know when they will drill again in somolia or what is going on there now?
Strategyone do you have link to where they say the stock will be that value (27.00 USD equivalant)?
"Remember, SEK181= $27.37 USD" not sure what that phrase refers to?
Institutional holdings:
http://investing.money.msn.com/investments/mutual-fund-ownership?symbol=AOIFF
http://investors.morningstar.com/ownership/shareholders-overview.html?t=AOI®ion=CAN&culture=en-US
Its amazing when you consider no mainstream news or research reports at least here in the U.S.....
Institutional holdings
for Institutions from 6-30-12 onward Fidelity goes by current quarter which I believe starts at 7-12:
MSN money : 642,206 shares bought 95,965 shares sold
Morningstar: 613,675 shares bought 535,560 shares sold
Fidelity: 642,200 shares bought 95,300 shares sold
For mutual funds same dates as above:
MSN money: 0 shares bought 714,213 shares sold
Morningstar: 0 shares bought 475,900 shares sold
Fidelity: 0 shares bought 21,100 shares sold
It would seem institutions are buying but individual funds are dumping here are some links:
http://eresearch.fidelity.com/eresearch/evaluate/fundamentals/ownership.jhtml?stockspage=ownership&symbols=GSFVF
http://investors.morningstar.com/ownership/shareholders-overview.html?t=XTSX:GFS®ion=CAN
http://investing.money.msn.com/investments/institutional-ownership?symbol=gsfvf
well it looks like they want 200 million in additional financing to do more drilling....if you guys are right and this jumps to 20 on good news 10 million more shares is not too bad.....hope this can at least double before the dilution
Regarding the equity raising keith hill mentions in interview...is the offering going to be shares the company is holding OR issuing MORE shares (dilution)?
I was looking up institutional buying abd see Fidelity Investments have gone from 200,000 shares to over 2,000,000 shares in two of their emerging market funds: http://investing.money.msn.com/investments/mutual-fund-ownership?symbol=AOIFF&
how many more exploratory wells are planned in puntland?
SOME POSITIVE developments: http://www.bloomberg.com/news/2012-08-02/clinton-s-east-african-trip-focuses-on-oil-somalia-and-security.html?cmpid=yhoo clintons have always had a good relationship with colored folks..African Americans called him "Americas first black president" hopefully that good vibe will rub off on African Africans too!
well.....guess I can put away the champagne for now and watch the value drop considerly tomorrow as some shareholders bail I guess this was an AOIFF charity project to grow community support by providing fresh water for somolians....bottled water DOES cost more per gallon than gasoline that could be the postive spin
18.75 million i meant to say
when I said 50%,I had forgotten about the offering and warrants...so by my figures they own 37% of HORN UNLESS they got some of the 18.75 shares and half warrants of the offering which perhaps they did if they are saying 45% now
good point red I am not sure how to get that info
before you correct me again,50% of horns 60% which is 30% but most people get the idea but its clear now as mud thank goodness
yes I meant 30% of Horns 60% of reserves I stand corrected but not entirely wrong hee hee
I was thinking....with most of the reports coming out to 500 million barrels as Horns share at lets say conservatively USD 2.00 per barrel profit after all expenses including Solmolia's share thats 1 Billon on a stock with a little over 100 million market cap!....thats a pretty fantastic risk to reward ratio!....my thought is 13.00 USD as a conervative price target unless more than 831 million barrels NET is discovered then whos knows?...
whats happens to Horn after all the oil is pumped out of the ground?....do they go on and explore for more wells or distibute profit to shareholders or get swallowed up in AOIFF?...ANYBODY HAVE ANY IDEAS ON THIS?
I was thinking Horn has a market cap of a little over 100 million and most of the reports say around 500 million barrels is Horn's share so at lets say 3 dollars a barrel profit after all expenses thats 1.5 billion....and AOIFF owns 30% of Horn...looks like a conservative target for Horn would be 15.00 USD and 45.00 for AOIFF but I guess untill reserves are proven and oil is coming out of the ground I will hold on.....looks like it may be another two years realisticly
regarding horn and forth of july:
1)Solmolia was from the very beginning years ago the place of greatest potential because of the platonic drift theory and why I bought equal shares of AOIFF AND HPMCF....hope that tweet is right about Horn being bigger
2)AOIFF WILL be affected on the forth since it takes a U.S. broker to make trade even though it trades on Canadian exchange...(one day when having a broker who lets you trade directly on foreign exchanges pays off)
I got a couple thousand at 3.50 and 2.85 it seems a good bet with high score on the GMI Accounting & Governance Risk Overview report and seems to be valued low...I guess as long as this method of fracking works as advertised it should go up.....I just thought it would have already happened by now,especially with all the bad press on water fracking...
HOPE THEY MEANT pounds NOT pence when talking about tullows holdings.....but the simple fact we are up to 8 in this bear market says a lot....
security measures glad I am not one of those young men with an AK walking around in sandals right now:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31145375&l=0&r=0&s=HRN&t=LIST)
I find it amazing how the mainstrem media (at least here in USA) completely ignores this stock and in fact the whole situation in North Africa...there have been a few newpaper articles talking about North Africa in general as investment oppurtunity but almost nothing on Africa Oil and the special forces there etc etc except relating to the pirates...by the time this shows up on TV here it will probably be around a 20 dollar stock!
I find it amazing how the mainstrem media (at least here in USA) completely ignores this stock and in fact the whole situation in North Africa...there have been a few newpaper articles talking about North Africa in general as investment oppurtunity but almost nothing on Africa Oil and the special forces there etc etc except relating to the pirates...by the time this shows up on TV here it will probably be around a 20 dollar stock!
this stock has some aggressive accounting practices which are a red flag....might pick some up at 5 but PBKEF is a better buy more production,more undervalued,and a nice dividend to boot!..I believe KOG will match Petrobakken's production eventually but it will be awhile
oh...well the ".PK" got dropped this morning not sure why the change on yahoo finance when I tried to look up AOIFF.PK it said "no longer valid..stock symbol has changed to AOIFF" not sure what that signifies?
well i bought a few when it was AOIFF.PK in yankville but now it it AOIFF OTC....what does the change signify?
I guess you were right saw today it IS an OTC stock...I thought pink sheet meant it was a foreign stock traded through a broker on another exchange and an OTC was a low volume stock...was hoping it would go direct to NASDAQ listng
never mind I have dilexia....numbers,letters,even poles get mixed
on the audio of keith hill,he talk about the "north sea basin" is this the falkland island??
highland this is NOT an OTC stock...its the pink sheet equivalant of a canadian stock a whole different animal...I thought the same thing when I first saw it
I ventured a few thousand at these prices seems the maket over reacted to the first well...