Thanks a lot Possum, i appreciate your taking time to reply. I...

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Hania

9 Posts.

26/07/14

12:31

Post #: 13718836
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Originally posted by possum2 ↑

Hania,

It's always a difficult question when a stock has already gone up 10 times in 4 months.

I would watch the Alan Kohler and Maurice Brand interview to begin with, and get a basic understanding of what LNG is all about and where it's future lies.

Understand that other companies in America like Cheniere have done extremely well over the past couple of years and they are a similar company to LNG only bigger and more advanced.

Understand that some very big institutions in the U.S have got on board recently in a very big way and ask yourself the question why did they.

Understand that the company is on the cusp over the next few months to hopefully make some very big announcements that will secure the future of Magnolia by 2018 where we should see the project up and running and hopefully begin to make some serious money.

Understand that LNG has got a great technology that can be used in hopefully many new projects in the future, so it will definitely not be a one trick pony.

Read all the reports that have been made during the past few months and pay attention to all the boxes and approvals that have been ticked along the way.

Understand that the current share price was only achieved by the company establishing a strong credibility with the American market and therefore gaining the confidence by these big institutions wanting to get involved.

It didn't just happen by chance.

If Maurice Brand believes that the stock will be a ten dollar stock in 2018 and gives the reasons why he believes it will be, then what you have to decide is whether it is a possibility of achieving this goal.

If he is right then a 300% return on your investment buying at these prices is still possible.

At the end of the day only you can make that decision by yourself.

Cheers.

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Thanks a lot Possum, i appreciate your taking time to reply.

I have done some research(as much as an amateur and a newbie can understand) into the company and kind of like it.
I read this forum religiously and have great deal of respect for some of the contributors including you(the reason why i posted before making a decision). Will see monday if i have the guts to buy it or not.

Will post if i do, wish me luck.

LNG Price at posting: $3.25 Sentiment: None Disclosure: Not Held
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