Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Madagascar Oil – our share tip is ahead but more to come soon, buy at up to 10p

By HotStockRockets

26 June 2015 02:59

More:

Madagascar Oil (MOIL) had a busy week and that sees its shares now trading at 9.25p-10p, up on our tip at 9.25p (offer), but there is far more to come. Here’s why.

Already a member? Sign in

Sorry, you have no more free pages.

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 13 year archive

• ShareProphets Daily Newsletter

Cancel any time

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

Richard

26 June 2015, 03:36

Thanks for your ongoing updates. Is there anyone in the HSR team that could identify why OBT is still very sluggish.

Best regards.

Richard
Martin Ashworth

26 June 2015, 04:24

U must be insane. Madagascar is a mining and oil exploration investment graveyard. Even worse than Indonesia, and that’s saying something. Until the project is fully funded, wudnt touch wiv TW’s legendary “Bargepole”. (or so his Missus says).
Striebs

26 June 2015, 11:24

Whenever I’ve got involved with a region which speaks French as a first language , in both a business (software development) and investing capacity , it has cost me dearly .

This has been true for both France itself and the useless part of Canada and I’m sure it’s more than likely true of French Protectorates too .

To quote Warren Buffett : “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”
p j

27 June 2015, 04:11

Striebs

Depends on your strategy. Some like the long but ‘safer’ route, others see momentum trades, that can make/loss money extremely quickly. I have switched my strategy over the past couple of years to take on board more risk. Over the past decade I have achieved an average return of 10%, but it’s not the most stimulating of investing. So far the new venture is paying good returns, +25% ytd! And don’t forget, ‘blue chip safe stocks’ aren’t always that safe! WB invested Billions in Tesco, lost over 50% of it’s sp over the past couple of years! All stock investing carries risk. Best advice, invest in things that stimulate and interest you, invest in good management, and most important DYOR!