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Sterling Energy... after the FOG clears

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Acamas - Fri, 31 Dec 04 :

Poo Bear,

Thanks for your post detailing all the candy in the SEY sweetshop.

In a nutshell I believe our timing is a little premature. Once March arrives and we start to consider the 2004 year end figures then I think the sp should start to move up. Mind you a factor of 4 somewhere towards end 2005/early 2006 is enticing. A sp of 60p or thereabouts is well worth consideration. I will be surprised if any of the FTSE100 achieve that factor next year with the problems America will have to overcome. This is a growth share in the true sense of the Jim Slater meaning. It is only the recent increase in borrowings on which it fails to pass all the Slater criteria for a growth share IMHO.

Have a happy new year everybody.


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