Jadestone Energy Share Discussion Threads

[officerdigby] 20/5/2024 15:00

Tight with no leaks!

[celeritas] 20/5/2024 14:58

I've been out of JSE for ages but now it's interesting me again.. I agree with many others here it's very cheap. It just needs to show it can run a tight ship again.

[neo26] 20/5/2024 10:23

I agree, jse is cheap.It should never have fallen under 30p even with montara issue, they have diversified their assets. Montara is now 25% of production. Almost all capex for Akatara should be near the end. Jse is going to be generating serious cash.

[mount teide] 19/5/2024 13:29

neo26 - at a £155m market cap - based on the fundamentals, strongly suspect investors(as opposed to traders), are likely to consider such a scenario, were it to occur, as a buying opportunity.

Took advantage of a similar situation last summer at Afentra, while waiting for completion of three acquisitions to reduce my average price to 25.8p - the stock is now trading at 53.5p. Even the best traders with perfect timing shorting Afentra during that period could have only scalped a max of circa 20%.

While buy and hold investors who bought the pullback are since up CIRCA 130-150%, on a stock with fundamentals that are now almost certainly better than last summer, such has been the production growth from the two deals they've since closed......combined with the huge financial benefit they generated from the effective economic date of the deals(and soon to be completed third deal), at an average $85/bbl oil price while they awaited completion.

Have a number of other holdings, some of which were mentioned here, where similar share-price pullbacks delivered 'value' buying opportunities for investors who had carried out the research and could see the bigger, longer term growth picture.

With first production imminent from Akatara, and Montara Venture's regulatory issues under effective control, posted recently that I now consider JSE to be in the same category.....ie - a 'Value' investment.

AIMHO/DYOR

[neo26] 18/5/2024 21:28

Any delays from akatara this will take a hit. Im guessing a few weeks delay.

[sea7] 17/5/2024 14:35

Short clip ten days ago akatara..Not sure when actually filmed though

[fardels bear] 17/5/2024 08:49

Somebody is. He bought that share. .

[tim000] 16/5/2024 13:28

I’m going to my first JSE AGM this year. Is anyone else going?

[puzzler2] 14/5/2024 23:35

Perhaps, but I still think it is a good sign that I can't place a buy spread bet, albeit that it's annoying.

[nigelpm] 14/5/2024 22:04

Yes, but they can set very small in house limits also. Might simply be that they felt too much risk on JSE.

Certainly puzzler is incorrect in his post.

[fardels bear] 14/5/2024 17:19

Which is like their customers having a view

[nigelpm] 14/5/2024 13:50

They haven't accepted any since it came back from Suspension.

I even had to inform them to reduce margin from 100% down again.

It's very rarely because they have a view on the stock FWIW - almost certainly that their broker has hit certain limits

[puzzler2] 14/5/2024 10:55

IG.com today are not accepting spreadbet buy orders on JSE - presumably they believe
a) the odds of it going up are greater than it going down; or
b) they are already as exposed as they want to be on buy spreadbets.
Either way, a positive sign imo.

[fardels bear] 14/5/2024 08:05

I think it would be more true to say that they step in it everywhere

[arlington chetwynd talbott] 13/5/2024 13:05

The thing about permabulls is they always try to walk it in.

[arlington chetwynd talbott] 12/5/2024 23:00

Thank you for that - I take your point.

[nk104] 12/5/2024 15:31

The thing with permabears is that they've called eleven of the last three recessions.

[banksy] 12/5/2024 10:22

Is that the same global recession that's been looming for the last 4 years since Covid :)

[albert35911] 12/5/2024 09:36

Governments do what they want with with financial institutions,public can just go along with it.

[arlington chetwynd talbott] 12/5/2024 09:33

Do you not see a looming global recession that will be problematic for the likes of STNG and SBLK and possibly JSE too? Or do you think that can will be kicked down the road via a return to money printing?

[albert35911] 12/5/2024 09:01

You call it what you wish I will say it is going to drop,if it doesn’t I am sure you will be happy I don’t mind it’s an observation nothing more,but it seems to get people agitated I wonder why.I will carry on saying what I want I am not to worried about exercising some on any thread whoever they are.

[puzzler2] 12/5/2024 08:15

It's not a a spike; it's a clear recovery of the share price on the back of improving fundamentals and pending news. There may be some resistance at around 40p and again at 50p, but there's a clear path to 70p based on the chart. Feel free to disagree, albert, but my money says I'm right and you're wrong.

[albert35911] 12/5/2024 07:22

Jungmana….it is an observation as I wrote I stand by it all spikes go down,as have one of the shares you are now pumping,sorry being over exhuberant.

[kaos3] 12/5/2024 06:55

Above lt chart is a beauty.

2 bottom done and consolidation done.

Just before breakout.

Which vibes with real situation