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redaddiction
07-18-2014, 12:14 PM
I am interested in this stock so I decided to start it's own thread separate from the LNG thread.

They haven't even begun construction yet but the price already has huge gains from just a few months ago. Completion isn't scheduled until 2018 and that's without any delays. That never happens. So probably 2019.

What would cause the price to rise in the next 4 years when they aren't receiving any revenue yet? Is there any chance to make some money during this time frame on pure speculation? I'm just trying to figure out if I should tie up any money long term or wait till a little later to get in.

"W"
07-18-2014, 12:23 PM
Speculation Speculation Speculation is what stocks like these are based on , when more people talk and buy the price moves


I'm not taking a chance of not having any of this so I'm buying it up as much as I can afford to
I'm knocking on. 5500 shares right now

Why not ???

redaddiction
07-18-2014, 12:59 PM
Yeah, I don't want to miss a move up, but my money is in other stocks doing so well. No free cash and would hate to sell some of my others and miss something there. Decisions, decisions!

"W"
07-18-2014, 01:21 PM
Yeah, I don't want to miss a move up, but my money is in other stocks doing so well. No free cash and would hate to sell some of my others and miss something there. Decisions, decisions!

Yea that is what's sucks , I sold off some other stuff

I also had OILT spilt day before yesterday and just evened out my share numbers and too extra cash and bought some more LNGLF

Have two buy in so far $2.09 and $2.04

BuckingFastard
07-18-2014, 02:01 PM
dang dang

hadabite
07-18-2014, 07:16 PM
I bought in at .79

swampman46
07-19-2014, 11:25 AM
Yeah, I don't want to miss a move up, but my money is in other stocks doing so well. No free cash and would hate to sell some of my others and miss something there. Decisions, decisions!

For me, it would be very difficult to remove money that is doing well, to go into a stock that has "potential" for doing well. Not a logical trading strategy. Emotional trading works for some-but not for others. Now if "extra" cash becomes available... ;)

jrdntboy09
07-22-2014, 03:34 AM
Gonna make a big jump when it opens today��

LadyFishKiller
07-22-2014, 08:14 AM
why u say that Jordan? what's the scoop?

LadyFishKiller
07-22-2014, 08:15 AM
assuming ur name is Jordan

BuckingFastard
07-22-2014, 09:02 AM
i tried to buy in before the open!! my funds didnt post in time!!!!

LadyFishKiller
07-22-2014, 09:14 AM
I'm kicking myself for not buying last week and buying again this morning.

BuckingFastard
07-22-2014, 09:17 AM
i cant till monday! pretty upset

jlincecum
07-22-2014, 09:21 AM
up to 2.64 this morning

hadabite
07-22-2014, 09:44 AM
why u say that Jordan? what's the scoop?

you can watch the Australian market (LNG) it's open during the night here. LNGLF follows it. It's the mother company.


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redaddiction
07-22-2014, 09:48 AM
Mudda Fricka!

Purple Back
07-22-2014, 09:51 AM
Just watch the Australian market the night before (LNGAX) and you will have a pretty good idea of what (LNGLF) will do the following day. I bought in @ .30 a share and I am still holding. This is more of a lottery ticket then anything. I would say it is all speculation but they did make the cut on the "accepted for review" list for FERC approval. They have some major players on board and have hired some very experienced personnel for the BOED phase. I am being told that if everything pans out, this stock should plateau around the $4 (maybe even closer to $5) per share mark per their current production capacity numbers. Everything as of now has been looking good, I have read multiple letters of recommendation from senators/congressman and large organizations that are all in favor of construction. The only organization against this is LNG Trunkline (or BG now) and the Sierra club.

hadabite
07-22-2014, 10:01 AM
If construction happens and is complete and the company is successful, this stock will be well over $4 or $5

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Purple Back
07-22-2014, 10:07 AM
Possibly so, but my money won't stay in that long. According to all the big name investors that I've heard speak on the subject, per Magnolia's expected capacity, the company's stock value is estimated to be around $5.

Purple Back
07-22-2014, 10:34 AM
Projected capacity at max design rates is about 8mtpa that considering all four trains are constructed. What's important to remember is that 75% of this company will be owned by investors. Per expected long term contracts based on 25% capacity proceeds you can calculate profit vs cost for O&M. The gas purchase price rises do not play a factor do the contract terms, which will state a fixed difference for profit. There is also a presentation out there, it may prove otherwise, I have not read it yet. See link http://www.lnglimited.com.au/IRM/Company/ShowPage.aspx/PDFs/2075-80767063/CompanyInvestorPresentation

Something to keep in mind: Originally the parent Company was planning to build this same facility in Australia (Fishermans Warf) and their competition bought the rights from the Company that was going to be their supplier. Since then Magnolia has decided to build the facility here. But, I am being told that they still might move forward with building the facility in Australia and have filed for an extension. This facility will be identical as the Magnolia facility and if both were to be built then you could expect the stock price to double from $5 per share to $10 or $12 per share.

One other note: I find it weird that Fishermans Warf only filed for a 3 month extension. This may indicate that they have another supplier already locked up. I also believe that the filing of this extension is what has been driving the stock price up recently.

Just my $.02. Take it for what its worth.

redaddiction
07-22-2014, 11:55 AM
It just seems like this price is unsustainable. They won't even be online till 2018-2019. So for 4-5 years there will be no revenue for the company. That's a long time to wait. Revenue and earnings drive stock price. But I know speculation comes into play in today's stock market.

I'd hate to be on the wrong side of a pump and dump trade.

Purple Back
07-22-2014, 01:26 PM
I hear you man.

I think many see the potential much like Cheniere (LNG) and want to get on the train before it's to late.

On a side note here is a fairly optimistic article. Maybe it will aid you in your decision.
http://www.reuters.com/finance/stocks/LNG.AX/key-developments/article/3020104

hadabite
07-22-2014, 02:19 PM
I agree it will never be a Chenier I just think... (or hope) lol, it will be around $20. Lol

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jrdntboy09
07-22-2014, 04:32 PM
Lngly is mother stock $107 a share

hadabite
07-22-2014, 05:20 PM
Lngly is mother stock $107 a share

LNGLY is the same thing as LNGLF just the LY sold in bundles of 40 shares.

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jrdntboy09
07-22-2014, 05:38 PM
Correct

jrdntboy09
07-22-2014, 05:41 PM
Bought lf at .26 and .49 a share never thought it would shoot up like that in 4 months

hadabite
07-22-2014, 06:14 PM
LNG on the Australian market is the parent company (LNG.AX) not LNGLY

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jrdntboy09
07-22-2014, 08:05 PM
Lngly is actually the ADR for the Australian company and lnglf is just a US entity

redaddiction
07-22-2014, 08:14 PM
The Aussie market is now open. LNG.AX is up another 10 cents.

Update:oops. should say, was up. it's falling a little now.

"W"
07-22-2014, 08:40 PM
LNGLF $25 or bust

Will"E"Fish
07-22-2014, 10:01 PM
Been a large investor in many of the majors in the nat . gas sector since 3 year's know.Doubled my share's when ete split. bought majorly into lng chenier.At the beginning of July I bought lnglf @ 2.04 and all in until?Here 's a symbol I 've bought and on a regular basis and made good money at least the last three runs.( the past 3 months).GTAT

Reggoh
07-28-2014, 09:39 AM
Chugga Chugga Chugga... CHOO CHOOOOOO

The Train is taking off!!!

$3.46

"W"
07-28-2014, 10:26 AM
Yep she is rolling


Damn I want to short this stock so bad !!

jlincecum
07-28-2014, 10:48 AM
3.73

redaddiction
07-28-2014, 11:08 AM
Yep she is rolling


Damn I want to short this stock so bad !!


I agree. There is no financials to support this rise. It's gotta pull back at some point. But I'm still puking for not buying last Monday when I asked about this stock.

"W"
07-28-2014, 11:09 AM
@4.12 I will double my investment

jlincecum
07-28-2014, 11:19 AM
almost broke $4. the quick money guys must be unloading cuz its starting to slide a little

redaddiction
07-28-2014, 11:21 AM
High of the day is 4.05. Then dropped 20 cents in a matter of minutes. Volatile. Hit still huge daily gain.

"W"
07-28-2014, 11:21 AM
My finger is on the sale button ....

PotLikinisAhabbit
07-28-2014, 11:23 AM
I bought in 10k last Monday and I am torn as to what to do right now. Stock just hit 4.02...

southern151
07-28-2014, 11:28 AM
Dang! Started to buy last week at $2.60 but chickened out! Oh well.

"W"
07-28-2014, 11:29 AM
Hell with it

Put in a sale at 4.05 if it hits that today
Have to take my money

"W"
07-28-2014, 11:34 AM
Everybody selling off

Lol

Looks like it will not hit my 4.05 today

redaddiction
07-28-2014, 11:35 AM
Hell with it

Put in a sale at 4.05 if it hits that today
Have to take my money

It should hit that again. It's all over the place at the moment.

jlincecum
07-28-2014, 11:36 AM
booooooooo. party pooper

PotLikinisAhabbit
07-28-2014, 11:40 AM
I was hoping this stock would just stay stagnant for 4-5 years so I would not have to worry about it lol.

"W"
07-28-2014, 11:43 AM
I was hoping this stock would just stay stagnant for 4-5 years so I would not have to worry about it lol.

When have u know a LNG stock to stay in one place

I sold and bought so many times on LNG it made it almost too fun

You get days like today where it goes crazy and you can sell and buy in same day and make money

If I sell today I'll but back in on the next drop off

redaddiction
07-28-2014, 11:44 AM
I was hoping this stock would just stay stagnant for 4-5 years so I would not have to worry about it lol.


I'm with you. That's a long time away and gonna see all sorts of ups and downs I'm sure. Might need to take Dramamine to watch this stock.

redaddiction
07-28-2014, 11:46 AM
When have u know a LNG stock to stay in one place

I sold and bought so many times on LNG it made it almost too fun

You get days like today where it goes crazy and you can sell and buy in same day and make money

If I sell today I'll but back in on the next drop off



Yeah, but Cheniere is an operational facility. This one is still only a concept almost. I just hope is pulls back so I can get some. I'm tapped out on funds now.

"W"
07-28-2014, 11:52 AM
Damn just hit 4.o4

PotLikinisAhabbit
07-28-2014, 11:55 AM
I'm selling @ 4.10

BuckingFastard
07-28-2014, 11:56 AM
i bought in this morning before it went up again.... i was too late though.

"W"
07-28-2014, 11:56 AM
Hit 52 week high sold at $4.05


Put a buy back at $3.30 today

redaddiction
07-28-2014, 11:56 AM
Damn just hit 4.o4


That was about 20 min ago. Where you watching the price? I know Yahoo is delayed by 15 minutes. Scottrade currently shows it at $4.00 exactly.

"W"
07-28-2014, 12:01 PM
That was about 20 min ago. Where you watching the price? I know Yahoo is delayed by 15 minutes. Scottrade currently shows it at $4.00 exactly.

On my account .. Put in sell at 4.05 and sold a few minutes ago

redaddiction
07-28-2014, 12:02 PM
On my account .. Put in sell at 4.05 and sold a few minutes ago


Nice! That was some easy money.

"W"
07-28-2014, 12:03 PM
Just looked at sale it it actually sold at $4.03

But I'll take it

redaddiction
07-28-2014, 12:05 PM
The parent company's stock LNG.AX was halted today till Wednesday while they work out some sort of deal in the works with another facility. When it resumes it might fly up and take this one with it like it's been doing.

"W"
07-28-2014, 12:07 PM
Busten almost 11k in few days

Thanks u LNGF

Now drop again so I can do it a few more times

BuckingFastard
07-28-2014, 12:09 PM
just hit 4.05 again

BuckingFastard
07-28-2014, 12:10 PM
which stock is next?

"W"
07-28-2014, 12:13 PM
which stock is next?

Next this one is just getting started !!!

3 more rounds like this and I'm happy happy happy

BuckingFastard
07-28-2014, 12:14 PM
haha

PotLikinisAhabbit
07-28-2014, 12:28 PM
out at 4.06

jamesf
07-28-2014, 01:18 PM
Can someone tell me what's going on with this stock? When will the bubble burst and it will come back down to reality

hadabite
07-28-2014, 01:26 PM
Can someone tell me what's going on with this stock? When will the bubble burst and it will come back down to reality

https://au.finance.yahoo.com/news/liquefied-natural-gas-limited-asx-225600115.html

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"W"
07-28-2014, 01:27 PM
Can someone tell me what's going on with this stock? When will the bubble burst and it will come back down to reality

If we knew that much info we would all be millionaires

Have to play on speculations

BuckingFastard
07-28-2014, 01:36 PM
oh no its going down, sell sell sell. ah dang, just went up a lot more... ha theres no telling!

"W"
07-29-2014, 09:11 AM
Up .38 already and climbing

"W"
07-30-2014, 08:07 AM
Ready today... Bought back in at 3.89 yesterday and have a sell but in at 4.50 today

Let it make a jump this am !!!

southern151
07-30-2014, 08:58 AM
Dangit! Sold off some stuff this morning and, can't buy with the money until it clears E*trade or, they may put me on a 90 day restriction! I thought I'd buy this and dump it when it jumped again but, I guess I'll wait until the other stuff clears first.

BuckingFastard
07-30-2014, 09:05 AM
i hope it hits 4.50 today

BuckingFastard
07-30-2014, 09:05 AM
or $500... either way

"W"
07-30-2014, 09:17 AM
Starting off wrong way!!

Y'all need to start buying

BuckingFastard
07-30-2014, 09:18 AM
yea i got in at 3.50

BuckingFastard
07-30-2014, 09:19 AM
im gonna look at it a little bit longer this time

jlincecum
07-30-2014, 10:16 AM
picked up some more at 3.50

redaddiction
07-30-2014, 10:29 AM
Dangit! Sold off some stuff this morning and, can't buy with the money until it clears E*trade or, they may put me on a 90 day restriction! I thought I'd buy this and dump it when it jumped again but, I guess I'll wait until the other stuff clears first.


You CAN buy with the money from the sales. It just warns you that you can't sell that same stock you just bought until the funds have cleared in 3 days. I do it all the time.

southern151
07-30-2014, 10:42 AM
You CAN buy with the money from the sales. It just warns you that you can't sell that same stock you just bought until the funds have cleared in 3 days. I do it all the time.

Yes. I just figure that I don't want to wind up on "probation" for the next 90 on something that I pick up and, dump in the same day. I'm in no big hurry.

It's looking a little stale as of now anyway.

Will"E"Fish
07-30-2014, 09:23 PM
After doubling my investing Monday and making 40 cents a share Tuesday I sold enough to get back to my original investment. Will watch to see how far the pull back goes and see what the charts do and go from there. Just like pluckn a gituar.

southern151
09-15-2014, 09:23 AM
So, with it being back up to $4.05, would one hold and, see if it goes higher or, dump em off?

southern151
09-17-2014, 08:56 AM
Well, I sold at $4.03 on the 15th. Looks like I may have finally gotten one right! LOL!

It's at $3.81 right now.

"W"
09-17-2014, 09:01 AM
I need $4.20

wed68
10-03-2014, 01:06 PM
Wow ..... Falling like a rock ! Will it recover ?


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redaddiction
10-03-2014, 02:04 PM
Wow ..... Falling like a rock ! Will it recover ?


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I want it to keep falling short term. I want in on the cheap!!

wed68
10-03-2014, 04:49 PM
Yes sir I sold Thursday for a nice profit ...... Hopefully get back in on the bottom ....... I still think it's a good investment


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redaddiction
10-03-2014, 05:19 PM
Yes sir I sold Thursday for a nice profit ...... Hopefully get back in on the bottom ....... I still think it's a good investment


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What's worrisome is natural gas prices are falling and there is a large supply already.

wed68
10-03-2014, 05:37 PM
Yea I agree .... It's a huge gamble all based on speculation ...... I will watch it close


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redaddiction
10-05-2014, 07:28 PM
This stock will gap down hard tomorrow. It always follows exactly what LNG.AX (parent company) is doing in on the Aussie market. The market just opened in Australia and LNG.AX is already down .53 cents in the first hour. Just be prepared for a big down day on this stock.

adamsfence
10-08-2014, 08:30 AM
it falling hard......been busy at work and haven't been watching it..... wish I would have gotten out and could have bought back in

wed68
10-09-2014, 10:46 AM
Well this looks to be an LNG trend in general ..... Cheniere is falling some as well ......


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specktator
10-09-2014, 11:40 AM
Let me know when y'all "gurus" decide to buy back in!

redaddiction
10-09-2014, 11:57 AM
Global demand for natural gas is falling and supplies are high. Might be a while before a turn-around.

Paulox86
10-09-2014, 10:03 PM
Looks like LNG and LNGLF took some huge hits today.

wed68
10-31-2014, 12:04 PM
Climbing again ...... Bought back in! ..... How far is it going up before falling this time?


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redaddiction
10-31-2014, 12:08 PM
This stock is very volatile. But you could make some money trading these weekly swings up and down. I just don't have the guts to do that with my money.

southern151
10-31-2014, 12:16 PM
I couldn't get in where I wanted to yesterday so, I passed. I made a few dollars the last time around though. I got out at $4.05 last time.

I make oil
11-01-2014, 03:21 AM
LNG is a diffferent animal than natural gas. What makes LNG a winner to me is it is a means to TRANSPORT natural gas to places that don't have it as avaliable. (Europe & Asia) The thing to look at which will make LNG a win/win is that there is limited capacity to make LNG in the world. Due to the demand for the product new facilities are being built as well as ships to transport it to the end users. When the price of Natural Gas is down it makes it cheaper for the LNG facilities to buy. The volitility of the stock is only due to speculators. It's a safe long term hold or short term play to me. The companies involved are all very strong. They are using proven technology have realitively new infrastructure and long term contracts on all of the product they can make at their current capacities. Good luck

redaddiction
11-30-2014, 09:45 PM
LNG.AX is getting crushed right now on the Aussie stock exchange. LNGLF will see a big drop tomorrow as well. It always follows what LNG.AX does the night before. I guess I will finally be able to buy in cheap. I missed the last run up.

Mako19
11-30-2014, 11:39 PM
Everything related to O&G is going to get crushed this week.

I just hope that GOM region doesnt get hit as hard as the shale plays. I am afraid that things are going to get ugly for the O&G industry.

redaddiction
12-12-2014, 01:23 PM
$1.87 Ouch!!!

Goooh
12-12-2014, 02:15 PM
iheartradio, Michael Berry Show, December 3rd episode at 6pm. It's about 30mins of an interview with the ex shell CEO. Really good stuff


Sent

ScubaLatt
01-05-2015, 04:29 PM
Is this still a good buy at nearly $2.00?

"W"
01-05-2015, 05:24 PM
Is this still a good buy at nearly $2.00?

Yea if you plan on holding for a few years


I have a guy feeling we are about to hit. 2008 all over again

Oil dropping = market dropping = job losses = Obama happy

redaddiction
01-05-2015, 06:30 PM
Lets just hope they don't scrap the project all together or put it on the back burner till things get better. They won't be able to get long term contracts right now anyways.

If they announce they are putting things on hold, this stock will be back at .50 cents quick.

southern151
01-27-2015, 10:52 AM
Finally back in the black on this one today...Barely but, I'll take it!

tojoe
02-06-2015, 01:52 PM
Not trying to stir things up, but was it this project that got put on hold in the Lake Charles area???
I read something a couple weeks ago.

bigl3456
02-06-2015, 10:00 PM
I think what got put on hold was part of the sasol expansion

jlincecum
02-07-2015, 09:17 PM
I think what got put on hold was part of the sasol expansion

^^this

simplepeddler
02-08-2015, 09:24 AM
I think what got put on hold was part of the sasol expansion

Yea, they are only going to spend 8 Billion now

southern151
04-15-2015, 01:51 PM
Starting to catch traction again. What are some thoughts on where it will go from $3.50? Anyone see it hitting $4.50 again soon?

"W"
04-15-2015, 02:32 PM
I pray it hits $4.50

redaddiction
04-15-2015, 05:47 PM
What about this? Is it possible they could scratch the whole project?


https://m.moodys.com/mt/www.moodys.com/research/Moodys-Liquefied-natural-gas-projects-nixed-amid-lower-oil-prices--PR_322439?WT.mc_id=AM%7eWWFob29fRmluYW5jZTQyX1NCX1 JhdGluZyBOZXdzX0FsbF9Fbmc%3d%7e20150407_PR_322439&un_jtt_redirect

southern151
04-16-2015, 08:07 AM
What about this? Is it possible they could scratch the whole project?


https://m.moodys.com/mt/www.moodys.com/research/Moodys-Liquefied-natural-gas-projects-nixed-amid-lower-oil-prices--PR_322439?WT.mc_id=AM%7eWWFob29fRmluYW5jZTQyX1NCX1 JhdGluZyBOZXdzX0FsbF9Fbmc%3d%7e20150407_PR_322439&un_jtt_redirect

Yeah and, there's a big deal that Shell has a hand in right now that may drop it as well. It didn't fair too well last night on the Australian market so, I think I'll hold today on buying any more.

That said, I'm doing pretty well in it right now.

southern151
04-23-2015, 11:06 AM
Great day today!

redaddiction
08-20-2015, 06:40 PM
Anyone buying on this pull back in stock price? I'm just scared the project will get cancelled or put on indefinite hold because of natural gas prices being too low. LNG prices around the world have been falling for a while.

Baychamp1
08-20-2015, 11:23 PM
Once in a lifetime opportunity, bought in at .92 cents a share, 2018 price should be around 8.00 share very speculative but willing to take this chance. In on 10,000 shares, we'll see. The Kinder Morgan Pipiline is already in place & exported LNG stilll commmands a premium

Goooh
08-22-2015, 08:28 AM
I wouldn't call that a once in a lifetime, we were all alive for Facebook and Chenier....




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Baychamp1
08-27-2015, 05:34 PM
I wouldn't call that a once in a lifetime, we were all alive for Facebook and Chenier....




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That was more of a reference to this being a local project, that generated local interest in the stock, which has created an opportunity for local investors to establish a substantial position in this stock, while these projects are still in their infancy as reflected in the stock price. Sure anything can happen, but I see the positives here as - There is no opposition to Magnolia, Bearhead, or their facility in Australia, low interest rates help reduce the cost of funding, Upper management team credentials are impressive, Their patented OSMR technology is another possible future revenue source, we have Chenier as the big player & we've already seen how well their stock has performed

Baychamp1
08-27-2015, 07:55 PM
The balance sheet looks solid at this point although I!m sure we can expect further dilution as we move thru these approval processses

Baychamp1
08-27-2015, 09:07 PM
This is brillliant from a practical standpoint

Baychamp1
08-27-2015, 09:28 PM
LNG is a diffferent animal than natural gas. What makes LNG a winner to me is it is a means to TRANSPORT natural gas to places that don't have it as avaliable. (Europe & Asia) The thing to look at which will make LNG a win/win is that there is limited capacity to make LNG in the world. Due to the demand for the product new facilities are being built as well as ships to transport it to the end users. When the price of Natural Gas is down it makes it cheaper for the LNG facilities to buy. The volitility of the stock is only due to speculators. It's a safe long term hold or short term play to me. The companies involved are all very strong. They are using proven technology have realitively new infrastructure and long term contracts on all of the product they can make at their current capacities. Good luck

I agree totally, this is brilliant, shold have amended my previos post

Nickt87
09-04-2015, 08:11 AM
So at 1.77/share I needa be buying my tail off?!

BassYakR
09-04-2015, 08:14 AM
In the hopes that it goes up :) wish i had the balls and xtra funds to do so.

Nickt87
09-04-2015, 11:05 AM
In the hopes that it goes up :) wish i had the balls and xtra funds to do so.
My casino gambling habit ends at the hunting camp card table, so I decided to do a little white collar gambling and bought 270 shares. We shall see where we go!

BassYakR
09-04-2015, 11:09 AM
I may ive it a shot myself.....

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redaddiction
09-04-2015, 11:18 AM
What worries me is the global price drop of liquified natural gas. Cheniere LNG stock has been tanking lately probably for that reason.

redaddiction
09-23-2015, 05:49 PM
Anyone still in this stock? Holding for a comeback? Or buying more at these prices?

What scares me is the global prices of Liquefied Natural Gas has been on a steady declining the past year. These big liquification projects can't be profitable below a certain gas price. I think China's growth problems are hurting natural gas a lot.

Pat Babaz
09-29-2015, 12:45 PM
Anyone still in this stock? Holding for a comeback? Or buying more at these prices?

What scares me is the global prices of Liquefied Natural Gas has been on a steady declining the past year. These big liquification projects can't be profitable below a certain gas price. I think China's growth problems are hurting natural gas a lot.

I'm not sure whats hurting it. I wish I'd sold mine about a month ago.....Oh well, guess I'll just ride it all the way to the bottom. I do know some people that are buying more right now because it is so cheap.

I make oil
09-29-2015, 01:30 PM
I'm buying. This is a opportunity I hope I never see again. In 2 years I will be able to retire. There is no reason for the prices to be this low. It's all due to speculators. Once the market corrects things are going to shoot up.

redaddiction
09-29-2015, 01:57 PM
I'm buying. This is a opportunity I hope I never see again. In 2 years I will be able to retire. There is no reason for the prices to be this low. It's all due to speculators. Once the market corrects things are going to shoot up.


But what about the falling prices around the world of LNG?

I make oil
09-29-2015, 02:45 PM
Why is it falling? Have people stopped using electricity? Heating their houses? Has ther been some sort of huge influx of LNG to the market place? I look at market fundamentals, supply and demand. I don't see any reason for these fluctuations other than lower feed prices and speculators tying gas to oil.

"W"
09-29-2015, 02:47 PM
.90 I'm all in on this ....
Trying to figure out what price I need to make to be a millionaire

I make oil
09-29-2015, 02:49 PM
I hate giving advice because I'm not a professional. The reasons I give are my own personal observations. If you invest it is purely at your own risk.

redaddiction
09-29-2015, 02:56 PM
Why is it falling? Have people stopped using electricity? Heating their houses? Has ther been some sort of huge influx of LNG to the market place? I look at market fundamentals, supply and demand. I don't see any reason for these fluctuations other than lower feed prices and speculators tying gas to oil.



This is where my question is coming from.



https://m.moodys.com/mt/www.moodys.com/research/Moodys-Liquefied-natural-gas-projects-nixed-amid-lower-oil-prices--PR_322439?WT.mc_id=AM%7eWWFob29fRmluYW5jZTQyX1NCX1 JhdGluZyBOZXdzX0FsbF9Fbmc%3d%7e20150407_PR_322439&un_jtt_redirect[/QUOTE]

"W"
09-29-2015, 03:24 PM
I hate giving advice because I'm not a professional. The reasons I give are my own personal observations. If you invest it is purely at your own risk.

Same way ... Loaded 5000 shares @.90 share !!


I don't care if it goes to 1.50 I'm still making money but If it goes to $10

I'm gone !

I make oil
09-29-2015, 04:53 PM
I stand by my previous statements. I'm going to be quite honest. I am baffled by the current state of the oil and gas market. Nothing has really changed from this time 2 years ago other than the drop in price. If anything the current drop in price would be driving MORE use! Yes we have more oil in the US due to the Shale Oil growth but we don't export currently. I fully expect the majority of all power around the world to be made from gas/LNG due to environmental drivers and cost efficiency. I also expect a large shift from diesel over to Gas Oil or LNG especially in public transportation and large over the road vehicles. It's cheaper and more efficient. The only issue at this time as far as I'm aware is a lack of infrastructure for distribution of the product. I'm sure there will be some sort of subsidy program initiated to push the use due to its lower emissions. I am seeing more and more locations that can sell natural gas at stations. All of this makes me comfortable in investing in LNG as I feel it is still an emerging industry. All articles I've read point towards what I'm saying as far as increased usage thru 2030. Will I get rich next year? Probably not but I do feel it will be a good investment over the long term with lots of growth potential.

I look for opportunities in emerging markets. I only wish I had invested in Apple, Google and Microsoft back in the day. If anyone sees any other opportunities in emerging markets PLEASE key us in.

I make oil
09-30-2015, 10:25 AM
I receive lots of industry magazines and daily news briefs. Here are a few articles I received today.

http://www.gasprocessingnews.com/news/engie-executive-‘nobody’-is-making-money-off-us-lng-exports.aspx

http://www.gasprocessingnews.com/news/south-africa-sees-natural-gas-as-key-to-reducing-dependence-on-coal.aspx

http://www.gasprocessingnews.com/news/shipowners-increasingly-turn-to-lng-in-search-for-cleaner-fuels.aspx

While these articles do highlight the current perceived "glut" it also confirms my thoughts that the future demand for LNG will be very high. I see nothing but opportunity at these current low prices for future growth. I think that even at the current low prices the investment is safe due to the contracts in place.

Will"E"Fish
09-30-2015, 10:55 AM
UNDER



Under the advice of a fellow day trader back in the early part of 2014.He asked if I was interested investing in lnglf.Idid so now that this stock has been above three dollars and never sold any of my orginal investment due to faith of long term investing I made an order to purchase another 10k shares @.93 a share. So here 's to long term investing.

Baychamp1
09-30-2015, 08:42 PM
Gonna buy another 10,000 shares also, although this price seems too good to be true

Baychamp1
09-30-2015, 09:08 PM
UNDER



Under the advice of a fellow day trader back in the early part of 2014.He asked if I was interested investing in lnglf.Idid so now that this stock has been above three dollars and never sold any of my orginal investment due to faith of long term investing I made an order to purchase another 10k shares @.93 a share. So here 's to long term investing.

It 's actually been to 4.50 on an inter day trading high, we should have known better than to not take profits, that being said I believe we're going back to there with a more methodical rise which hopefully will sustain the stock price

Baychamp1
10-07-2015, 09:53 AM
Federal Energy Regulatory Commission (FERC)
• FERC’s role:
– Authorises construction and operation of LNG facilities
– Comprehensive analysis of project environmental, operational and safety implications
– FERC filing process expected to take 15 - 18 months from formal application to notice to proceed (NTP)
• May 2014 - FERC accepted MLNG’s application for the siting, construction, ownership and operation of proposed project and assigned Docket No. CP14-347-000
• July 2014 - FERC accepted Kinder Morgan’s filing application for authorisation to install compression and other related facilities on the KMLP Pipeline
• FERC’s progress towards MLNG’s DEIS was announced on 19th March 2015
• Typical timelines from MLNG current status:
– Following review of responses to remaining data requests, FERC issues a schedule of environmental review (SER), which is followed by issuance of the draft environmental impact statement (DEIS)
– Final environmental impact statement (FEIS) issued about 4 months after the DEIS
– Conditional order authorising the project approximately 30-45 days after FEIS
– After satisfaction of several conditions in the order, FERC staff issues an NTP that authorises commencement of construction
• NTP is required before MLNG can achieve Financial Close and commence construction

FEIS expected sometime in mid Nov.
Notice To Proceed with construction possible Jan. 2016

"W"
10-07-2015, 10:27 AM
Going to get me some cold cuts today about 35% gain over a week

Baychamp1
10-07-2015, 11:35 AM
96111

southern151
10-07-2015, 02:19 PM
I had all of my "play money" tied up in a different stock that is still down or, I'd been all over this! Yeah, there's some folks that are having a real good time right now!

simplepeddler
10-07-2015, 10:23 PM
Prepare to have this drop like stone.......I bought in today

southern151
10-08-2015, 08:16 AM
Prepare to have this drop like stone.......I bought in today

LOL! I'm glad I stayed out of it then!

"W"
10-08-2015, 09:03 AM
Prepare to have this drop like stone.......I bought in today

Down 8% already lol

BassAssasin
10-08-2015, 10:21 AM
yep figures

simplepeddler
10-08-2015, 11:05 PM
I am the kiss of death to a good stock............

redaddiction
10-09-2015, 12:25 AM
It's gonna fall hard Friday. LNG.AX is the Australian ticker symbol for the parent company of magnolia LNG and it's down a lot tonight. It will gap down at the open.

redaddiction
10-13-2015, 12:53 AM
Articles like his is what scares me about LNG stocks.


85 Gas Projects Dying on the Vine as LNG's Promise Falls Short
http://finance.yahoo.com/news/85-gas-projects-dying-vine-012913451.html?.tsrc=applewf

noodle creek
10-13-2015, 09:32 AM
Articles like his is what scares me about LNG stocks.


85 Gas Projects Dying on the Vine as LNG's Promise Falls Short
http://finance.yahoo.com/news/85-gas-projects-dying-vine-012913451.html?.tsrc=applewf

What is everyone else's take on this? Really not sure what to think here.

Baychamp1
10-13-2015, 09:55 AM
What is everyone else's take on this? Really not sure what to think here.

IMO, yes it's a highly speculative investment not to be considered as a core holding in a portfolio, but I personally have no problem with say a 1% - 2% value of an investment acct. allocated to LNGLF. It's not unusual for a growth oriented acct. to fluctuate that much on a daily basis. Worst case scenario if it goes bust, you write it off to offset some of your gains & you haven't lost your shirt.

I make oil
10-13-2015, 10:23 AM
IMO, yes it's a highly speculative investment not to be considered as a core holding in a portfolio, but I personally have no problem with say a 1% - 2% value of an investment acct. allocated to LNGLF. It's not unusual for a growth oriented acct. to fluctuate that much on a daily basis. Worst case scenario if it goes bust, you write it off to offset some of your gains & you haven't lost your shirt.

X1000 Spot on. This is a speculative stock. If you can't afford to loose it don't invest here.

I make oil
10-29-2015, 02:00 AM
http://www.worldoil.com/conference-news/2015/10/28/future-demand-mandates-that-new-lng-projects-proceed

calcutta37
12-01-2015, 02:48 PM
You guy's still buying this stock?

redaddiction
12-02-2015, 09:31 PM
You guy's still buying this stock?


I guess no one is. I'm just watching it. With Oil and natural gas in such a long downturn, this stock won't get back to even $2 any time soon. But I will buy some at some point.

southLA
12-03-2015, 03:51 PM
Maybe in a year or two. Oil is going to be down for a while. I do have some energy stocks im sticking with though.

redaddiction
12-04-2015, 05:32 PM
This was on the Motley Fool website, so take it with a grain of salt. They either pump or bash certain stocks all the time. This one is a bash but I think there is a lot in there that is accurate.



The Liquefied Natural Gas Limited (ASX: LNG) (http://www.fool.com.au/company/Liquefied+Natural+Gas+Limited/?ticker=ASX-LNG) (“LNGL”) share price has more than halved since the start of this year, although shares have risen 0.9% or 1 cent today to $1.19.
The major factor playing havoc with the share price is the falling US WTI benchmark oil price, which slipped below US$40 a barrel overnight. Oil is in a state of massive global oversupply after thousands of shale oil and gas wells were brought online over the past few years, particularly in the US.
The global LNG market is also expected to be in oversupply as 15 processing ‘trains’ have recently been completed in Australia and Papua New Guinea from the likes of
Despite the soaring number of drilling rigs sidelined, oil prices continue to fall, with oil companies focusing on the most productive fields and lowering production costs substantially.
For LNGL, all this has major consequences. On the up side, it’s likely to reduce their input costs (buying gas from US suppliers) for its under-development Magnolia LNG export processing plant, as well as its Canadian Bear head LNG project.
The problem is that falling oil prices will impact on gas prices, which are usually linked to the underlying oil price. That could see forecast revenues plunge and make both LNG projects commercially unviable.
Already oil and gas producers UK-listed BG Group, Brazil’s Petronas and US-based Excelerate Energy have all reportedly deferred plans for LNG projects, with Excelerate stating that its project no longer met its financial criteria necessary to move forward.
AS international LNG prices fall, the economics of exporting North American gas into global markets worsens, and could eventually mean that US LNG exports are commercially unviable.
LNGL has also failed to hit a number of milestones for its Magnolia LNG project, and a number of milestones have blown out. The US$4.35 billion engineering, procurement and construction (EPC) contract recently signed with KBR-SKE&C joint venture was originally targeted for the fourth quarter of 2014 according to fund manager, Totus Capital.
LNGL still needs to sign legally binding tolling agreements for 75% of Magnolia’s 8 million tonnes per annum (mtpa) capacity, with just a 2 mtpa agreement with Meridian LNG so far.
Foolish takeaway
LNGL is looking increasingly less likely to get its flagship Magnolia project into development, let alone any of its other LNG projects. Unless the company can show some solid progress, the share price could slide ever lower.

Baychamp1
12-04-2015, 08:32 PM
This was on the Motley Fool website, so take it with a grain of salt. They either pump or bash certain stocks all the time. This one is a bash but I think there is a lot in there that is accurate.



The Liquefied Natural Gas Limited (ASX: LNG) (http://www.fool.com.au/company/Liquefied+Natural+Gas+Limited/?ticker=ASX-LNG) (“LNGL”) share price has more than halved since the start of this year, although shares have risen 0.9% or 1 cent today to $1.19.
The major factor playing havoc with the share price is the falling US WTI benchmark oil price, which slipped below US$40 a barrel overnight. Oil is in a state of massive global oversupply after thousands of shale oil and gas wells were brought online over the past few years, particularly in the US.
The global LNG market is also expected to be in oversupply as 15 processing ‘trains’ have recently been completed in Australia and Papua New Guinea from the likes of
Despite the soaring number of drilling rigs sidelined, oil prices continue to fall, with oil companies focusing on the most productive fields and lowering production costs substantially.
For LNGL, all this has major consequences. On the up side, it’s likely to reduce their input costs (buying gas from US suppliers) for its under-development Magnolia LNG export processing plant, as well as its Canadian Bear head LNG project.
The problem is that falling oil prices will impact on gas prices, which are usually linked to the underlying oil price. That could see forecast revenues plunge and make both LNG projects commercially unviable.
Already oil and gas producers UK-listed BG Group, Brazil’s Petronas and US-based Excelerate Energy have all reportedly deferred plans for LNG projects, with Excelerate stating that its project no longer met its financial criteria necessary to move forward.
AS international LNG prices fall, the economics of exporting North American gas into global markets worsens, and could eventually mean that US LNG exports are commercially unviable.
LNGL has also failed to hit a number of milestones for its Magnolia LNG project, and a number of milestones have blown out. The US$4.35 billion engineering, procurement and construction (EPC) contract recently signed with KBR-SKE&C joint venture was originally targeted for the fourth quarter of 2014 according to fund manager, Totus Capital.
LNGL still needs to sign legally binding tolling agreements for 75% of Magnolia’s 8 million tonnes per annum (mtpa) capacity, with just a 2 mtpa agreement with Meridian LNG so far.
Foolish takeaway
LNGL is looking increasingly less likely to get its flagship Magnolia project into development, let alone any of its other LNG projects. Unless the company can show some solid progress, the share price could slide ever lower.

So we have 25 % locked up in toll agreements, still early in pre construction, a lot of negative speculation in this article, probably from a short seller trying to push the stock price down thru fear & unvalidated speculation. I'm more inclined to believe the stock is near bottom & will move up. Just my opinion.

Baychamp1
12-04-2015, 08:59 PM
The Chevron CEO (John Watson) one of the most respected CEO's in the industry,has a geat article on their website concerning their LNG export facilities and the future demand for exported LNG .

redaddiction
12-04-2015, 09:37 PM
So we have 25 % locked up in toll agreements, still early in pre construction, a lot of negative speculation in this article, probably from a short seller trying to push the stock price down thru fear & unvalidated speculation. I'm more inclined to believe the stock is near bottom & will move up. Just my opinion.

I agree. But it's looking grim when the price of LNG product itself has dropped nearly 50% in the last year. Who is going to sell or ship product at a loss?

Baychamp1
12-04-2015, 09:59 PM
Oil production is very competitive at this time, but we have a surpluss of cheap natural gas that works to our advantage

Baychamp1
12-06-2015, 09:48 PM
Magnolia LNG spokesperson was at the Dec. 3 CPPJ (police jury) meeting to give an update, see it on Suddenlink channel 5 in Lake Charles. Highlights of presentation - FEIS was completed Nov 13, Possible sight clearing end of 1st qtr. 2016, expect an update on increasing number of employees needed for this facility, he also indicated they were making progess on securing buyers for the other 75% that's not already locked up. Completion in 2019.

calcutta37
12-07-2015, 07:25 PM
I'm still holding out on this one. Bad gut feeling. But i'm watching it..

redaddiction
12-07-2015, 07:30 PM
LNG.AX is down 15 cents right now on the Australian market. LNGLF will follow suit tomorrow when the market opens. It's like clockwork.

redaddiction
12-18-2015, 04:09 PM
Another LNG facility in the works.

The Trading Floor (Investing, Stocks, Bonds): Another LNG facility for Lake Charles - SaltyCajun.com

redaddiction
04-08-2016, 07:27 PM
Does anyone think this project will get scrapped? I would love to buy a lot at these prices but the global LNG market is in the dumps.

southern151
04-11-2016, 12:38 PM
Does anyone think this project will get scrapped? I would love to buy a lot at these prices but the global LNG market is in the dumps.

I've done well with it in the past but, man, $.36 is LOW! If anyone does jump on board, I hope it bounces back to $3.00 again!

"W"
04-11-2016, 02:41 PM
I sure wish it would go to $5