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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Coastal Energy - Another Burren Energy in the making?

May 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • CEO
  • Price:
  • 1085p
One of the biggest bear traps that investors can sometimes fall into in the oil sector is to back poorly capitalised tiddlers who shout loudly that they are about to unearth the next huge discovery, only to find it is a duster, an event usually followed by a rescue rights issue to raise new money. A much better way is to jump on board those firms that have established a record of growing production, which can effectively self-finance future exploration without recourse to shareholders. One firm that fits the bill is Coastal Energy, a Thai-based oil & gas producer, whose shares have fashioned a terrific bottom-left-top-right chart pattern. This outperformance reflects a breakthrough year in 2011 in which it more than doubled proven an ...

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Coastal Energy - Fast-growing oil & gas firm in Thailand (October 2011)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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