SeaEnergy PLC (formerly Ramco Energy plc), a Scottish public limited company, and its subsidiaries and associates form an energy group, headquartered in Aberdeen, Scotland. The Group is currently establishing an offshore energy services business, which aims to provide access and other services to the expanding offshore wind industry as well as to other offshore energy clients, and also holds a number of investments in oil and gas.
SeaEnergy Price and Volume
Previous Close: 31.75p* (real time prices at ADVFN) Previous Range:N/A - N/A* Previous Volume:48400 shares (down on average)* Trading:above the 50 day M.A. (30.3412) & above the 200 day M.A. (25.0323)*
* Charts, price and volume data provided by the mighty Yahoo Finance may be delayed by up to an hour.
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The SEA ap is currently drifting sideways in a flag/pennant chart formation. In an uptrend (as SEA currently is) they are more often than not bullish formations. Hence a short term sp target of between 35 and 40p is more than possible in the event of a break up out of the formation.
I bought 50,000 about 6 or 7 months ago at 28p so not much in front at the moment. However, long-term - I know it's wrong to think long-term on most AIM stocks - I think this could be a little gem. If either R2S takes off or there's some good news from LOGP it's surely well under valued with a mcap of £18 million. Short-term I dare say it may bounce around a little, but I think I'll stick with them for now.
It's been a fantastic couple of months for SEA and I've just cashed in for 50%+ profit.
Just felt it's got to have a drawback soon - but, maybe not. GL all holders, probably lots more profits to be had.
RNS was on Tue Nov 5 - click the SEA Live RNS button above.
Some of it :
"R2S transports guests to North Sea oil rigs from their cinema seats
ABERDEEN - 5th November 2013
Aberdeen based visual asset management specialists Return To Scene (R2S) will transport guests to offshore platforms, tour alien subsea environments and the virtual world of installations still in the design phase - all directly from the comfort of their cinema seats this week.
Return to Scene will host the event at Aberdeen's Belmont cinema on 7th November where they will premiere the newest version of their software, R2S, and launch a user group for their growing base of clients representing a wide swath of North Sea operators. The event will be streamed live to Houston, where the company's team will host clients based in the Gulf of Mexico."