Jadestone Energy Share Discussion Threads

[nigelpm] 13/2/2024 07:38

Didn't expect that. Would be a huge acquisition.

[basem1] 13/2/2024 07:35

A bloody placing I bet

[nigelpm] 12/2/2024 21:54

I'd guess BG have taken this down again.

[sea7] 12/2/2024 20:25

Could be FB - also...



Even better for the bulls, StanChart has predicted that this surplus is transitory and will flip into a 1.6 mb/d deficit in February. The Energy Information Administration (EIA) is even more bullish and has forecast a 2.3 mb/d deficit.

[fardels bear] 12/2/2024 20:19

With a bit of luck it'll that Baillie Gifford lot clearing out.

[sea7] 12/2/2024 18:50

with a chunky, near 2 million share trade gone through after the bell, it looks like a capitulation day for someone

[mount teide] 12/2/2024 17:34

'In the first 6 weeks of 2023 global oil inventories rose by 40m bbls. This year? They have fallen by 81m bbls, and now stand at their lowest levels since Kpler data began (2017), despite absorbing 268m net barrels from the Strategic Political Reserve. Stronger-than-consensus demand + "will and intent" matter!'
Eric Nuttall - Ninepoint Partners

[fardels bear] 12/2/2024 12:27

Cheers, dh.

[fardels bear] 12/2/2024 10:47

Thanks KS. Let's hope so..

[dunderheed] 12/2/2024 10:47

Yes excuse me manners FB. Happy belated birthday matey!

[king suarez] 12/2/2024 10:44

Belated happy birthday, FB. May JSE get back to £1+ as your/our present!

[fardels bear] 12/2/2024 10:33

I've got loads of socks..

[dunderheed] 12/2/2024 10:15

As I keep on telling people who insist on buying me presents, a man can never have too many boxer shorts or socks!!

[fardels bear] 12/2/2024 10:11

I just had a birthday, KS..News due on second CWLH acquisition this week..

[king suarez] 12/2/2024 09:27

Fardels - 8 pairs of pants!? There are only 7 days in the week - I guess you are a prudent man provisioning for emergencies..?

[upwego] 12/2/2024 09:08

Back in today! looks to cheap on production for later part of this year!
Goodluck all :)

[e43] 12/2/2024 08:26

1,SEPL
2,SHEL
3,AXL
4,JSE
5,PTAL
6,SAVE(Ceo AK seems to have got lost in S Sudan)

[dunderheed] 11/2/2024 17:14

FB I know mate but I am averaging down (lol) so happy to wait and see - maybe cost me 10-15% but I'm in no particular hurry.
MT yes hold AXL and AET so happy with them but also hold tXP so not so happy with that but I think as soon as perfs proven it will start to revalue from these relatively low points? All IMHO of course.
Best of luck all.

[mount teide] 11/2/2024 16:56

My large cap shipping industry investments performed relatively strongly over the last couple of years - and made up for a very modest contribution from the O&G sector investments - where, despite delivering strong FCF performances, saw valuations continue to be impacted by the poor sentiment of the sector.

I expect this to change in 2024, as the importance of energy security and, the sky high cost of energy transition increasingly comes home to roost.

O&G investments - good performances from Arrow Exploration, Valeura Energy and Afentra were held back by disappointing performances from Jadestone Energy and Touchstone Exploration - the rest largely tracked sideways.

I think the O&G sector is now positioned very well to benefit from political leaders who will be increasingly forced to take a more realistic attitude towards the vital role hydrocarbons are certain to play in energy transition policy over the decades ahead.

[farmscan] 11/2/2024 16:33

One would think that sentiment towards all O&G is due a turn soon.

[farmscan] 11/2/2024 16:26

And then your belt will no longer keep your trousers up.

[fardels bear] 11/2/2024 14:57

The Bottom Club and its members are causing a self-fulfilling prophecy, dh. If none of them buy in until it hits the bottom there will be no bottom

[dunderheed] 11/2/2024 14:38

I've got to admit I'm part of the "waiting for the bottom" club here at JSE but it just seems to keep on dropping?!
I have had some powder on the side (no silly remarks please) to purchase quite a few more but, think we could still see weakening / same price for a few more months and need potential milestones to reverse this?
I wonder if there are quite a few like me and when "it" comes, we will see quite a drastic %tage uplift from here?
If not, we are nearly at the point of bloody capitulation surely?
Very disappointing.

[fardels bear] 10/2/2024 14:30

We are at 380k but I daren't look what the average buying price is.