Sterling Energy Share Discussion Threads

[jotoha2] 11/12/2015 12:46

yf finance increasing their holding here now above 10% , they are financial vultures , and with £65 million in cash , and no debt , company share price is way undervalued.

[puffin1] 01/12/2015 14:22

Looks like a Ski slope the share price ! think i will cut my loss in the New Year and Quit nothing good for share holders to keep holding , Management still taking a large slice of the pie for zilch

[jotoha2] 09/11/2015 17:19

Tie up with Tullow should do the trick , exciting times if they pull it of.

[septimus quaid] 09/11/2015 08:39

Is it me or do all these Management Statements seem to read the same these days?

[optomistic] 28/10/2015 08:57

xiggly...couldn't have been put better!

[7kiwi] 28/10/2015 00:08

Why is the market cap so far under the cash on the balance sheet?

[doohoma3] 21/9/2015 18:42

yes petroceltic are as bad if not worse I m stuck in both of those dungpits

[888icb] 21/9/2015 08:20

Are the Directors of this company still alive?

[puffin1] 13/9/2015 21:20

For how long will they pump Shale Oil at this Price ?

[puffin1] 28/7/2015 07:27

if it's like the Wild West someone wants to shoot this act now because it has been sussed . time our so called leaders made a statement and take a massive pay cut and put pay on performance of the work THEY DO and the PROFIT they make ! Well we can all DREAM !!

[septimus quaid] 28/7/2015 05:59

A Company like SEY has been a massive destroyer of private wealth but is in very good company, think AO world, Promethean, GKP, Tanfield, Oxford Biomedica, etc, etc.

AIM really is like the Wild West (Tom Winnifreth's writings has opened my eyes to this).

FTSE less than it was 15 year's ago (and that's a league table of winners subject to constant revision)

I sometimes wonder how capitalism is supposed to work at all?

[888icb] 27/7/2015 22:42

Market Cap £37.8 million but it has £68million in CASH. The current share price makes no sense with all the assets in for nothing.

[puffin1] 27/7/2015 10:21

will not raise any cash from me i would rather lose what i have then pay there wages for 5 more years . end off

[ringosstar] 27/7/2015 07:25

www.investegate.co.uk/sterling-energy-plc--sey-/rns/results-for-the-six-months-ending-30-june-2015/201507270700070839U/

Sterling marks time while loosing royalties from PSC A and B offshore Mauritania they say because of PMO exiting and Chingutetti being advanced to decommissioning.

Does that really mean the discovered oil will never be developed?

Nice to see them reinventing themselves again buying back Ntem from Murphy, a heavy oil development which they farmed out to Murphy in 2011. Must be ready to raise some equity again I suppose and can no doubt do it on the back of this.

SEY going nowhere.

[kaos3] 17/7/2015 09:54

as with GPX. Where is EEN style?

[puffin1] 17/7/2015 09:51

YAWN wake me before i go go !!

[puffin1] 02/7/2015 15:55

is anybody doing anything in SEY Office ? Have they got one ? What do they Do For there ( our ) Money ?

[dave-w] 10/5/2015 13:17

You boys don't know when you're well off. I need £6.50! Would have been £8.20 but for a, now probably wasted, average down around the '09 consolidation.