Rockrose Energy Share Discussion Threads

[fardels bear] 11/3/2020 15:53

I think it probably did. But I have no TAQA and I'm retired: in fact I fell asleep at lunchtime and I have only just woken up. Holidays are such hard work. I merely recognised a soul like mine, and I've always been rather wide.

[fardels bear] 11/3/2020 15:50

People sell for all sorts of reasons. It's not justified to call them morons.

[jayminpatel1] 11/3/2020 15:34

RRE has fallen the most given their position is completely wrongCash in bankNo debt Yet morons are selling

[jayminpatel1] 11/3/2020 15:34

RRE should not fall this much it's ridiculous

[blueball] 11/3/2020 15:32

Falling more than other oil companies today.

[pastybap] 11/3/2020 14:31

Actually if my memory serves me right, I think that label originated from Fardels Bear on here long before TAQA? Either FB is secretly a TAQA employee or they spend their time scouting BB's!

[dunderheed] 11/3/2020 13:46

Spawny that ridiculous reference came from the fd of taqa UK.
You think their business model is in better shape than rres, seriously!!

[bigalan3] 11/3/2020 13:45

The yield at this price is c.a. 10%. At £4.00 it is 20%.

[spawny100] 11/3/2020 13:37

I agree with your assessment of yesterday's interview Pastybap. Something off somewhere and the wide boy label hard to shake from my thoughts while watching. All this talk of 'firepower' is a bit like a boy with a new toy gun.

[hazl] 11/3/2020 13:32

Yes dub it seems to move quickly. Not that many shares in issue from memory

[hazl] 11/3/2020 13:30

The chart looks better.Turning up?

[costax1654x] 11/3/2020 13:27

I am mate ,but when I made 30k last yr with Rre she understood!has market works

[tomg23] 11/3/2020 13:20

Bit rich 600, looking at 400 .

[dhb368] 11/3/2020 13:19

863 - 816 in 3 minutes and only 6000 shares traded.
Sorry for those stopped out on that shake.

[fardels bear] 11/3/2020 12:42

Not married, then Costax?

[costax1654x] 11/3/2020 12:25

Price target 600 for me!I will sell my house and buy a lot

[pastybap] 11/3/2020 10:52

Price of oil won't be staying at this price for long. Supply will quickly dry up from uneconomic producers eg. Permian basin. Also, remember RRE is 40% gas which is often a byproduct of oil production. Expect price rises here soon too. Again positives and negatives. I've just now chosen to be in neither camp, on balance!

[gooner1886] 11/3/2020 10:50

Also i see it as a bit of a safety net that if the market doesnt value rre at what it should do, i presume he will just buy it out anyway

[thomas11] 11/3/2020 10:38

Malcy interview was a bit short on new info. Nice to see AA invested in a new shirt.

[gooner1886] 11/3/2020 10:23

I will tonight mate, il give it a go!Im staying long for now anyway , only thing bothering me is the price of oil and the saudis possibly flooding the market! Thats my only concern really in all this

[pastybap] 11/3/2020 10:20

I agree that these are probably grossly undervalued again. I expect excellent results and confirmation of an approx 10% yield - and growing- at current prices. Another positive, is the disappearance of ramping nutters from both here and Twitter- always a good sign! If you've got time, I recommend watching the video twice again. First of all put yourself in the bear camp, then second time around in the bull.

[fardels bear] 11/3/2020 10:18

I do think there's more to it than that.

[divmad] 11/3/2020 10:13

There's nothing wrong with the micro sorry here. Rre is in very capable hands, is throwing off free cash flow and has an ample cash war chest for future growth, organic or by acquisition. The problem, as ever, is trigger happy PIs selling on news, and a lousy macro background.

[gooner1886] 11/3/2020 10:08

Fair enough bud, maybe you picked up on more stuff than i did. I think the financials will tell all.No one can probably deny this is undervalued, hes made alot of money for share holders including himself!Time will tell, some people think he will go private and but out, if so there wont be downside only upside from these prices!We shall see.....