Aminex: Charts & Fundamentals

Been tipped as a stock for 2006 on a trader's web site:




''The big buy for 2006 is an oil company called Aminex (AEX) which has some support from some legendary big time hitters behind the scenes apparently. The company is capitalised at a piffling £45m which is minuscule for the oil and gas sector. The Aminex web site is www.aminex-plc.com and you can register on there for free on their e-mail news list. If something is in the pipeline (pardon the pun!) then you will get the news quicker if you happen to be on-line at the time and I believe that the site will be updated (with better content) with more news during 2006. There is a good summary of the company's activities on the site but essentially AEX is a risky oil play on (although they are also involved in other geographical locations such as Egypt and Tanzania) North Korea! So these guys are hunting for gas in North Korea and a recent agreement with DPRK has seen the shares rise from a low of around 9p to the current 26.5p. I have bought at 26.5p and a burst through that 30p level will take us to 40p in no time at all.''