Serica Energy Share Discussion Threads

[chestnuts] 22/3/2018 16:41

If oil went to $100 then Sqz would make over $30m just on the condensate thats if it could hold $112.

[fardels bear] 22/3/2018 16:39

Well, I dunno what happened here. You go out to buy some curtain tie backs and some lard and when you get home it's back at seventy pee. Could have afforded olive oil if I'd waited.

[hydrus] 22/3/2018 16:37

My original buy in price was 15p but I have now added at 83p, 74p and 64p. Just looks like a no brainer to me based on cash generation but I'm no oil expert that's for sure.

[dunderheed] 22/3/2018 16:32

You're right (inventories near 5 yr av now). If I were opec (lol) I'd still keep tightening supply and benefit from higher price lower volumes. Opec only really controls the base price now?

[chestnuts] 22/3/2018 16:26

There will be some outage somewhere in the world which will push prices up, i read last night that according to Saudies the market is balanced

[dunderheed] 22/3/2018 16:12

It'll break 70 no problem (whether it holds another matter!) it was the 100 + I was talking about!!

[chestnuts] 22/3/2018 16:11

Dunderheed

Lets see what happens and when or if it breaks $70.

[dunderheed] 22/3/2018 16:01

Chesty no mate re oil lol.
There is a production cliff coming around 2020 but you will not see prices you quote until then and even then that may still be hard to achieve!!
All imho of course!

[chestnuts] 22/3/2018 15:51

Oil looks like it could break above $70 and it looks like a big cup and handle and it should go to $112

[chestnuts] 22/3/2018 15:50

Dunderheed

August the 20th

[dunderheed] 22/3/2018 15:46

Reserved for pram!

[dunderheed] 22/3/2018 15:45

Well let me know when is the chartist time to sell matey as I am over weight in these and normally would sell half at 100% profit but am being greedy here lol!

[chestnuts] 22/3/2018 15:43

Que

That makes me laugh

I have got better at my sums

[quemaster] 22/3/2018 15:30

I suspect that Chestnuts is in fact a time traveller due to the level of accuracy.

[dunderheed] 22/3/2018 15:30

Chesty mate. I don't 'believe' in all this mullarky.
However totally believe you made that call. Weren't you the one who called it the other day with another 1p drop as well!!
I will be paying a lot more attention (even though I was anyway!!) to your sqz posts in the future matey lol!!

[marvelman] 22/3/2018 15:25

Glad I was reading the TRIN thread last week Ros when this was mentioned as a comparison...don't know why I had missed this one but well in now. I believe it is Chestnuts who I owe a pint to.

[chestnuts] 22/3/2018 15:24

Dunderhead


I told Pine about 4 weeks ago that it was going to 61.75p mid price about 4 weeks ago ask him.

[dunderheed] 22/3/2018 15:15

Georgie I know but technically and as chesty (I think) correctly identified this is the bottom of that trading channel, if you believe all that mullarky which I don't actually.
It would be really nice to see an Erskine re-start rns in the next few days?

[captainfatcat] 22/3/2018 15:02

George General, normally have a pint of Guinness and before the first sip I always say to my self "Good things come to those who wait" 8-)

[general george] 22/3/2018 15:02

Bottom fishers? It's hardly bombed out.

Like I said there are loads of catalysts, anyone buying here will do very nicely indeed!

[dunderheed] 22/3/2018 14:56

Hopefully this isn't bottom fishers and news related? I did originally forecast 8 weeks for temporary solution so here's hoping!?

[general george] 22/3/2018 14:47

Cheers Captain,

Hopefully see you at the £1 drink up, and then £1.50.....£2.....

[captainfatcat] 22/3/2018 14:35

Good posts GG

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