Jadestone Energy Share Discussion Threads

[lord gnome] 02/3/2021 16:12

Peel must have some to shift them. A house client who wants out. Forced seller? Crazy to drive down the price like this.

[sga64] 02/3/2021 16:11

Interesting read!https://www.theedgemarkets.com/article/repsol-said-be-looking-exit-malaysia

[mount teide] 02/3/2021 16:03

L2: 2 v 1 / 70p v 71p ( then 6 x 74p, the rest on 75p and 76p)

PEEL at 71p on the offer are way inside the rest of the market.

[croasdalelfc] 02/3/2021 15:57

Not really - I just think it will rival Montara in size (barrels a day and 2P) and cost

[squareloss] 02/3/2021 15:30

These do seem too cheap and seems lots on offered at 70p if you want them, I’m getting tempted again at this level...

[fardels bear] 02/3/2021 12:28

He's got a couple of oilfields he'd like to move on, perhaps.

[king suarez] 02/3/2021 12:18

That's quite specific - something you having in mind?

[croasdalelfc] 02/3/2021 12:13

No obvious news flow so people sell a bit to use elsewhere - but they could easily miss an acquisition RNS - poised is the word.Imo the next acquisition will be producing assets around 8-12kboepd with ~25m 2P for around $5/7 a barrel :

[fardels bear] 02/3/2021 11:41

Does seem to be rather lacking in energy when you consider the very low volume compared to the volumes recently.

[king suarez] 02/3/2021 11:27

We're not drilling for bitcoin or cannabis..

[lord gnome] 02/3/2021 11:25

Disappointed to see this continuing to pull back. What am I missing?

[dcarn] 02/3/2021 09:08

Jadestone seeks FPSO for Vietnam
Asia Pacific-focused Jadestone Energy is preparing to re-issue a tender for a floating production storage and offloading (FPSO) vessel for its planned gas development at Nam Du and U Minh off Vietnam.

[buffythebuffoon] 28/2/2021 15:12

Why do you say that LG?

Buffy

[lord gnome] 28/2/2021 14:55

Thanks Buffy. I take it that I am not on your trusted list :-)

[fardels bear] 28/2/2021 13:11

Oh no, she comes from a long line of Sergeant Majors and Corporals, I feel..

[buffythebuffoon] 28/2/2021 11:50

Could be worse. I would usually have expected a higher rank; such as Sergeant-Major.

MTs wife and a handful of others excepted, of course. :^}

EDIT My autistic nephew (he must be..) said it depends on whether the corporal was a soldier rank or an officer rank!

Apologies to Mrs FB if the latter.




Buffy

[fardels bear] 28/2/2021 10:53

Not read it yet, for my sins it's been a great weekend for chopping wood and moving the fruit bushes from one side of the garden to the other. Feel like I'm in the army. Wife's a born corporal.

[buffythebuffoon] 28/2/2021 10:50

“ Did I read somewhere that JSE board intends to move the company’s domicile from Canada to London shortly?”

I don’t rely on comments on bulletin boards, except for a small handful of posters who are on my trusted list.

I prefer to get my information from the company.

They have announced this, and its in their presentation for the 2021 guidance.

Buffy

[lord gnome] 28/2/2021 10:42

You did indeed. Goodbye to any withholding tax issues on dividends.

[fardels bear] 28/2/2021 10:09

Did I read somewhere that JSE board intends to move the company's domicile from Canada to London shortly?

[mount teide] 28/2/2021 00:13

This week Lloyds's List reported that the world shipping fleet had crossed the 100,000 vessel mark for the first time.

The cross-segment ClarkSea Shipping Index rose 3% week on week to $18,686/day, up by 23% from the year end level, and outside of the two recent periods of exceptionally strong tanker markets (Q4 2019 and Mar-Apr 2020), it is the highest level since mid-2010.

The Clarksea Index acts as the heart rate monitor of the global shipping industry, covering all the main sectors. As the name suggests, the Index is produced by Clarkson Shipping Research, and shows the average earnings in $/day of the whole fleet.

To do this it takes into account the average earnings each week of VLCCs, Suezmax and Aframax in the Tanker sector. In the Dry Bulk sector it includes the average earnings of Capesize, Panamax, Handymax and Handysize. The Liner sector is represented by Containerships and the Gas sector by VLGCs. The Index is weighted by the number of ships in each of the sectors.

According to Market Study Report LLC, the global shipping fuel industry amassed a valuation of USD 121 billion in 2019 and is forecast to register a yearly growth rate of 4.1% over 2020-2027.

The Asia Pacific shipping market is expected to grow the fastest over the forecast timeframe, largely due to the rapid growth in inter-regional trade.

[buffythebuffoon] 27/2/2021 17:55

Hi MT, you’ve pretty much summed up my view.

If all my wealth had to be in one company it would also be JSE, but I’m fairly sure TXP in a 2-3 year timeframe will produce a greater return and will be sold by the end of that period at the latest.

SAVE, I agree will produce the highest return overall. Niger alone will see to that, but how much, and how quickly, depends on how we fund and schedule a programme there. I just hope AK sticks to buying producing assets in Nigeria.

Of course, how much we make from the new superport (my words) is totally unknown, but it could provide a huge kicker.

I’m thinking of selling my grannies to increase my positions. The only problem is I don’t where one is buried nor the other’s ashes sprinkled.

Apologies to anyone eating while reading this. You really shouldn’t though; accidents will happen.

Buffy

[fardels bear] 27/2/2021 13:14

It wasn't my worst investment decision, MT. over the years I've made some howlers which is why I stick to a very small portfolio of low risk companies with as much downside protection as possible. JSE is my largest holding and if it makes it to two quid it'll see me right until I pop my clogs. Failing that there's always equity release and sod the grasping nephews and nieces.