SAE 3.45% 14.0¢ salinas energy limited

good buying opportunity, page-2

  1. 7,809 Posts.
    Hi Allan, I agree about the good buying opportunity, but I hope the reserve certificaton announcement is kept till the new financal year .
    It is due any day now, but any good news should be used to rerate the stock, not provide volume for stale bulls to exit .
    This is a stock to accumulate for 07-08 .
    2000 bopd oil income will be real and strong .
    The company has a stack of cash .
    I strongly suspect between 90-140% profit on this stock next financial year, but until then accumulate imo . These prices are not reflective of the future earnings but past disappontment . I hold all mine and am not selling . SAE will have it's days n the sun . The fundamentals are there .
 
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