Serica Energy Share Discussion Threads

[dunderheed] 19/3/2018 19:31

6112 what an obtuse thing to say?!
What if said e&p had made one of the largest discoveries in the world in that year like FAR (SNE) did?
Strange (person) very strange!

[dunderheed] 19/3/2018 19:28

6111 I didnt actually but there u go!
I thought he was more of a long term investor type but judging some of his comments on ophr, probably think I was wrong in that inference.

[nigelpm] 19/3/2018 19:27

I always had nige down as a fellow spiv.

Hardly - just call it as I see it.

The idea that an oil E&P with no output could be worth £165m is beyond reasoning with.

[fardels bear] 19/3/2018 19:17

I always had nige down as a fellow spiv.

[dunderheed] 19/3/2018 18:51

FB don't worry about Nige, he's been in love with sia and ophr all these years and I hear has started to like blvn as well?!
In fact recently he was suggesting sia buy sqz on another board with all their 'spare' cash!!

[0rient] 19/3/2018 18:49

As soon as the BKR deal with BP is fully operational and rubber stamped(formality)then there is not a prayer this will be trading below 100p per share..Market Cap deservedly needs to be 300 million plus which would still be way to cheap for future earnings. I don't know if Serica have any anti-takeover measures but i imagine there will be a few including private equity groups circling Serica like a bunch of vultures waiting for their chance :-)

[nigelpm] 19/3/2018 18:12

Hmm I reckon it's worth its market cap on the reserves alone, with no output at all.

Keep smoking the good stuff lad.

[fardels bear] 19/3/2018 17:17

Hmm I reckon it's worth its market cap on the reserves alone, with no output at all.

[rathean] 19/3/2018 16:25

Lack of positive news and perceived risk to output. I'll buy in again at 50p if we get there if funds allow. No worries about medium term circa 12 month capital gain here.

[fardels bear] 19/3/2018 15:47

ISA. Bloody phone.

[fardels bear] 19/3/2018 15:46

You've got to buy them back though to put them into your USA.

[jimbo66] 19/3/2018 15:43

Some selling also due to being end of tax year. Peeps using CGT allowances and/or moving to ISAs.

[tup2] 19/3/2018 15:40

Just got a comprehensive and very speedy reply from Mitch Flegg re any concerns about Iranian sanctions. In short,not an issue and not concerned.

[rathean] 19/3/2018 15:29

Just topped up to bring the average down. Happy to do so again if we go much lower. Short term pain from the blocked pipe but medium term this will likely double from this price imo.

[dunderheed] 19/3/2018 14:18

6096 & 6097 agree.

[captainfatcat] 19/3/2018 14:03

Winstone yes that's my take on it as well.

[general george] 19/3/2018 13:03

I have been topping up from 69p down, no brainer imho
Will continue to do so, average price up to 34p now.

[fardels bear] 19/3/2018 12:59

Hardly any volume, Dh.

[dunderheed] 19/3/2018 12:32

And worrying!
But still relatively low volumes?

[fardels bear] 19/3/2018 11:07

Bizarre this.

[captainfatcat] 19/3/2018 10:58

Thinking about a top up myself

Tick Tock

[spandy83] 16/3/2018 14:39

Really tempted to open up a large SB... but the persistent drop is having the predictable psychological effect of stopping me... what to do!