You’ll all recall how the blog foretold the news about how these three company’s were destined for greatness.
Well it seems with all the news we have passed on that things here have come to a lull news wise that is. Premier’s share price has slowly trended up as the whisperings of takeover and increased production begin to slowly gather momentum. I’ve held Premier through thick and thin since they were sub £10 and have been tempted many times to sell them however the urge has been resisted (with great difficulty) and I must say that time has proven to be right.
Nautical are in a similar situation to the way Premier were several years back there’s no doubt that as foretold here that they are destined for great things and are well on course to becoming a major player in the UKCS. Their sp has increased many-fold since we first highlighted this company. The many years of planning and preparation by the Nautical’s board has now began to bear fruit. They look set to reach£6/7 in the not so distant future.
Encore are my favourite at the moment mainly because they have a strategy in place that will in the short-term bring home the bacon. There will not be years of angst as their sp bounces around, up, down and sideways. As you’re all aware they are actively seeking takeover/asset sale. Make no mistake Encore will have had approach’s and will be discussing which road to go down. As their top man stated, “we may not be here next year” so with the current lull in news we await a lull in the weather which suggests to me that once this rig gets underway then it is game back on, with all the excitement and drama about to unfold here only a fool would sell!
Hold your nerve. the weather will break!