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JSE Jadestone Energy Plc

26.20
0.95 (3.76%)
05 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jadestone Energy Plc LSE:JSE London Ordinary Share GB00BLR71299 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.95 3.76% 26.20 26.00 27.00 27.25 24.90 25.00 2,448,381 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 323.28M -91.27M -0.1688 -1.57 136.56M
Jadestone Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker JSE. The last closing price for Jadestone Energy was 25.25p. Over the last year, Jadestone Energy shares have traded in a share price range of 23.00p to 39.00p.

Jadestone Energy currently has 540,817,144 shares in issue. The market capitalisation of Jadestone Energy is £136.56 million. Jadestone Energy has a price to earnings ratio (PE ratio) of -1.57.

Jadestone Energy Share Discussion Threads

Showing 20751 to 20772 of 22975 messages
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DateSubjectAuthorDiscuss
19/1/2024
15:48
Hear we go again with the Stemis troll take -> End 2023 published figure of USD 5 million "Net Debt" is "probably understated" :) :) Says it all...

Actually what I was referring to was the comment in the corporate update

The end-2023 net debt position benefitted from timing of liftings and optimisation of working capital into the year-end.

stemis
19/1/2024
15:47
What would you say for the theoretically overvalued view?

Downside on further missteps vs upside... skew?

Investing is about knowing the risks and minimizing them.

I believe the share price more than compensates for the below risks...

Montara further issues (10%)
RBL Redetermination Goes Smoothly(90%)
Brent Price Averages above $75 for 2024(90%)
Akatara Delay Possibility(10%)
Issues with other fields (10%)

ashkv
19/1/2024
15:42
It is meaningless comparing the Co. as it stood back then with the current outfit, but not only because of the additional issue of equity - separately, because it is a markedly different business. That Co. was largely reliant on montara. The current business has shifted away from that to other assets. Income streams and proportion of each is/will be entirely different to the business a year ago.

I do see the point Nigel was trying to make but it has been misconstrued.

yasx
19/1/2024
15:41
Thx Tom not here to make friends - and am working to be less brash...

That my postings are of value is good to hear :)

tom11119 Jan '24 - 14:37 - 20750 of 20753
0 1 1
Thanks for posting ash always appreciate your postings

ashkv
19/1/2024
15:40
NigelPM is a constant in stepping in to support Stemis when the troll gets called out...

Funny... perhaps friends or more in the real world )

USD Net Cash on balance sheet vs USD 200mn Akatara asset giving a 15 to 20% after tax profit (with upside potential)...

NAV/Book Value (Akatara Asset) vs Enterprise Value(Cash)...

ashkv
19/1/2024
14:49
I concur with calcs though Stemis - would put the present day 27p somewhere around previous to raise 65p with warrant dilution if it gets over 50p.
nigelpm
19/1/2024
14:46
That's not really a fair comparison though. Since it was last £1 the company have 16% more shares to spread the value over and the company has gone from $117m of cash to net debt (probably understated) of $5m. Adjusting for those, the comparison is 27p v 69p. That doesn't take account of the dilutive impact of the warrants issued since then./

Which is still very material and the reason I put bracketed and explicitly called out the pre/post equity dilution! ;-)

nigelpm
19/1/2024
14:37
Thanks for posting ash always appreciate your postings
tom111
19/1/2024
14:22
Agreed YasX - we just need delivery by JSE with pleasant surprises of some bolt on self funding acquisitions once RBL is done and Akatara online...

Strong oil price would be a welcome tailwind should the one above deem so...

MarketScreener Analyst Consensus only 4/5 analysts that cover the firm (12 Month Target Prices are in USD for some reason) ->

ashkv
19/1/2024
13:09
The issue is that, as TTB points out, it is not simply the numbers but delivering them. Over the past year the Co. has frequently failed (for one reason or another, but mainly Montara) to achieve its previously stated objectives. If the market is pricing it correctly there is a significant risk that going forward they will continue to run into problems even if things like Akatara are lined up. If the market is wrong and there are no further issues on any front, the current price represents a great opportunity. I am in the latter camp. I can see why others might take the opposing view. But this is not a case of the numbers imply 'X' and therefore it is. Not so - PB needs to deliver and on a sustained basis to regain the confidence of investors. A decent update followed by a disappointing one will just not cut it.
yasx
19/1/2024
12:15
That's not really a fair comparison though. Since it was last £1 the company have 16% more shares to spread the value over and the company has gone from $117m of cash to net debt (probably understated) of $5m. Adjusting for those, the comparison is 27p v 69p. That doesn't take account of the dilutive impact of the warrants issued since then.
stemis
19/1/2024
11:10
I agree Taurus - but there's a very material difference in market cap when it was at £1 (pre equity raise) vs. now at 27p (post equity raise)
nigelpm
19/1/2024
11:04
ashkv - it's theoretically undervalued, dependent on future POO, Akatara going smoothly, no more higher de-commissioning costs etc. etc. etc.

But that argument could also have been used when it was a quid. Numbers can be as dangerous as they can be compelling. Too many unknowns, in many investors minds, equates to higher risk rather than better value.

taurusthebear
19/1/2024
10:54
Order book in auction looking much stronger - would expect near term move up now.
nigelpm
19/1/2024
10:36
Insight analysis etc welcome on all boards....however...

The below is "Twaddle"

"This is heading down. Until it heads up. No doubt it will prove a lucrative investment... at some time."

Oh great market timer... Is it undervalued, overvalued, fairly valued???

TaurusTheBear19 Jan '24 - 10:09 - 20741 of 20741
0 0 0
The fact that anyone who offers a view different to ashkv is talking "twaddle" tells you all you need to know.

And underlines the pitfalls of BBs.

ashkv
19/1/2024
10:09
The fact that anyone who offers a view different to ashkv is talking "twaddle" tells you all you need to know.

And underlines the pitfalls of BBs.

taurusthebear
18/1/2024
19:51
Yes and the last trade of the day was a buy of 400.000
tom111
18/1/2024
18:43
0.34% of JSE outstanding shares traded on 18 Jan 24.

It has been an elevated week of trading volume for JSE - a number of Buys towards the end of the trading day.

# Trades 91
Vol. Sold 701,448
Sold Value £189.25k
Vol. Bought 1,117,876
Bought Value £302.87k

ashkv
18/1/2024
16:31
Lots of late trading today ?
s34icknote
18/1/2024
10:56
Whatever you say chief...

I bought more at 35p despite having an average in the low 60s prior to the 35p down buy...

Am not happy with the added costs for 2024 for Stag and Montara... However, share price reaction has been very harsh....

Please get your facts straight...

Also sorry about JSE loss if you are indeed a holder.. it would have been the case for the vast majority of AIM or even NYSE oilies - given the few exceptions such as AET....

Look where the once mighty Kistos is at today.... It is a harsh harsh market at the moment...

pughman18 Jan '24 - 10:41 - 20735 of 20735
0 0 0
Ashkv, you've been peddling the same cobblers for months, you're beyond hope.

ashkv
18/1/2024
10:41
Ashkv, you've been peddling the same cobblers for months, you're beyond hope.
pughman
18/1/2024
10:21
Yup - very fair Stemis.
nigelpm
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