Tom Hark said:Caiirn Energy is the shares to buy. They're about twenty quid apiece (were a fiver two years ago) and they've got literally a billion barrels of oil they found underground in India that comes onstream in I think in 2008. By which time the price will be through the roof. Innit.
I'm sending them to Southampton University nowchip said:I have a quite a few different shares and unit trusts. A few years back I got a 20 times return on shares in ARM - nice. I'm waiting to see if animal rights activists are going to "out me" for GSK shares.
Beach Hut said:
London Irish said:Maybe - but that doesn't explain why directors a few weeks ago sold some of their stock. The shares have that Indian optimism already priced in. Could go either way to be honest, which, unfortunately, you can say about most shares Good luck, tempting profit for some to cash in but you may well be right to show a bit of nerve
graz126 said:no. but i was thinking of investing in desire oil company in the falklands. as the price of oil rises through the roof. there is definatley oil down there but the problem is getting it out and shipping it out from there. once they eventually get rigs set up then there will be a lot of profit in the market value.
the only thing that stopped me from trying to gain any, i cannot afford the 30 odd pounds that each share costs. the above is good local knowledge that i got whilst down there.
Ocean Finance will be on your door to help.Beach Hut said:Not good but been here before.
Trousered £580 profit a few weeks back which was good as the ones I had have dropped like a stone.
Lokki 7 said:Biscuit. I am guessing you don't want to bet huge size, and you don't want to lose your money. In which case I would suggest you don't buy shares at all, or sign up for any spread betting companies (I have done both and seen some huge P/L swings, not for the faint hearted). Instead do some research in to products like equity bonds. Your money is invested in the FTSE-100 index, if it goes up you get the benefit up to a certain level (about 112% for example) but if the market falls, you are guaranteed your full money back at the end of the term.
A riskier alternative is to go to a site like www.fundsnetwork.co.uk and invest your money in a managed ISA fund. A fund manager will spread your investment over a range of stocks to spread your risk, and because it is in an ISA any returns are tax free.
If you are making only one investment, I strongly suggest you don't put all of your money on one stock.
ditchy said:Jim you are soooooooooo conservative
Lokki 7 said:Do as I say, not as I do.
Tom Hark said:Think it has to be a winnah to be honest, because whatever the money juggling it still comes down to a billion barrels of the black stuff confirmed underground in a relatively stable part of the world. The big banks are touting Cairn Energy as being worth up to 28 quid (figure keeps being revised upwards, it was 23 earlier this year if memory serves) so buying them at 20 quid or thereabouts at today's price should see you make, what, a fiver a share before Xmas? Better rate of return by far than any building society in the land by a country mile. & the directors are probably being made to sell some of their stock as a pre-condition to them part-floating (er, I think) the Indian operation sometime soon. Which will no doubt mean some kind of goodie bag for investors. IMHO, like. Really can't see them going any way other than up.