Savannah Energy Share Discussion Threads

[jungmana] 20/6/2025 10:44:30

Brads, my mistake. dont knnow why they didn't show when i checked their website earlier using my phone but on the laptop can see 4.9% as of 22nd May..
Been a month since that website update so hopefully they are out or nearly there

[rockyride] 20/6/2025 10:41:09

MMs trying to hoover up a few cheap shares. They did this last tim on the run up from 7p to 40p and made 10p bit difficult to breach but I still expect 10p to be in the rear view mirror by the end of the month.

[brads13] 20/6/2025 10:30:42

Jungmana. I suggest you look again hxxps://www.savannah-energy.com/investors/shareholder-information/major-shareholders/

Premier Miton Group PLC 79,044,376 4.91%

[jungmana] 20/6/2025 09:53:28

The large shareholders list on the company's website was recently updated showing those holding 3% or more.PM is not there anymore

[ripvanwinkle3] 20/6/2025 09:49:26

Oh yes, that's right chewin. 5% for non-UK incorporated companies, and 3% for UK incorporated. And looks like Premier Miton Group plc is UK. So who knows then.

[che7win] 20/6/2025 09:39:23

They have to notify the market until they get below 3% though.

[ripvanwinkle3] 20/6/2025 09:24:14

On the 27th May Premier Miton Group plc notified that they had gone under the 5% threshold and held just under 80 million shares.

So I wonder if they are now done selling those last 80 million over the last 4 weeks? Here's hoping so!

I understand from looking back through everything that's happened since the infamous 7p placing that AK was of the firm belief that no other institutions would be selling out at these levels ??

I also spent a little time recently going back through months of posts of this BB and the other one, as one element of my research. The other board seemed a bit more constructive, with less moaners / morons, and was full of very knowledgeable posters - highly recommended.

Picked up this gem over there:
Buffett and Munger would say that you can only really trust a Board where the members have large equity positions. In our SAVE CEO and half the Board (including Chair and Mr Clarkson) we at least have this.

[rockyride] 20/6/2025 08:15:55

Natural re-rate, seller/s cleared or news due. I'll give SAVE one thing, in 11 years of being listed I''ve never noticed any significant share price movements just before news. IMHO they do run a very tight ship so from the 3 previous mentioned possibilities for share price nudging up I have news leak at the bottom of the pile. Oh and it could possibly be the new coverage note yesterday by Tennyson. Anyway, hopefully we are at the beginning of a decent re-rate and quite possibly to get somewhere into the range of the varying broker notes circa 40p to 50p.

[washingmachine] 20/6/2025 08:11:12

I was only 5 minutes out (trading hours)
On double figure prediction

[jungmana] 20/6/2025 07:43:09

Agreed, Suspension was at 26p and therefore with the distressed sellers done ( i hope) this could quickly run back into the 20's.At 10p the broker targets are still at 300% to 400% upside

[upwego] 20/6/2025 07:06:08

this could quite easily get back to 20p in the next few sessions.

[upwego] 19/6/2025 19:16:07

Since suspension I have bought loads and currently up a cool 35K up was £10k down yesterday though wont be selling anytime soon. not till fair value and were not even at 10p yet. lol :)

[fillipe] 19/6/2025 18:17:52

Recent tp for SAVE was 51.5p.

f

[oilinvestoral] 19/6/2025 17:14:13

Welldone to those of us who were willing to risk it and average down in the 6s and 7s range. Happily back in decent profit but as Tennyson note indicate if any of the catalysts come in , this should multibag

[plentymorefish] 19/6/2025 16:18:55

We’re now only down circa 63% since suspension was lifted in March…….good work AK……R30;

[divmad] 19/6/2025 16:17:44

Ok, who's switched from Sea to Save in the past 24 hours then?

[ripvanwinkle3] 19/6/2025 16:10:44

I'm heading back to sleep. Wake me up when we hit treble figures

[washingmachine] 19/6/2025 16:08:09

Wouldn’t rule out double figures by close today

[jungmana] 19/6/2025 16:03:51

3 brokers all.have valuation targets ranging from 40p to 51p ( if i recall correctly)Hopefully we can get in double figures soon

[plentymorefish] 19/6/2025 16:02:35

Well it looks like that poet did the trick!………

[richie32] 19/6/2025 15:54:13

I can see double figures. I think this has been undervalued for a long time

[yasx] 19/6/2025 15:11:33

I am expecting much more than single figures here.

[rockyride] 19/6/2025 15:00:20

More to it than seller cleared me thinks. Took my 100k back, watch it drop now.

[washingmachine] 19/6/2025 14:35:51

Gone from down 10k to up 10k in less than a day
Talk about mad !