Savannah Petroleum Share Discussion Threads

[zengas] 18/10/2018 22:02

817m shares currently and depending on the possible warrants, a tad over 3% yield possibly for 1st year dividend.

[haideralifool] 18/10/2018 21:23

Worth remembering that there's a dividend coming in 2019 of $12.5m (which AK confirmed at the meeting earlier this week), divided by 302m shares gives a yield of about 9%.

Somewhat dulls the pain of hanging around.

[ngms27] 18/10/2018 09:45

Also SOU have 5 bites at the cherry over the next 6 months.I'll also look at AEX once the current uncertainties become certainties.

[ngms27] 18/10/2018 09:43

Not at all, I'm expecting HUR to double within 9 months and have gone in large.

[thelung] 17/10/2018 18:44

You will be saying the same on every stock in every year 😂 that's your MO!

[ngms27] 17/10/2018 18:38

This time next year Rodney springs to mind every year. We will be saying the same next year with SAVP as too big post 7E to multibag over drilling success.

[thelung] 17/10/2018 18:02

I held that one for 40 bags.

SAVP and ECO will be full of bags this time next year.

[ngms27] 17/10/2018 17:25

I never had the pleasure of being a shareholder in 4 of those and the one I did 9 bagged for me within weeks when I fully sold out and admittedly should have held longer.

[divmad] 17/10/2018 17:18

ngms27, The Lung,

You conveniently forget to mention:

gkp, rre, upl, rpt, sqz.....

Oh dear.

[ngms27] 17/10/2018 17:18

There is an argument that cash spent on production continually recycles itself and provides no benefits for future exploration. This is precisely what the CEO of Sound Energy stated last week.

[shareideas1] 17/10/2018 17:10

You now have an exploration company which generates cash to fund its drilling programme without the need for endless cash calls and dilution along the way. AK has kept the companies destiny in its own hands and ultimately shareholders sharing his mid-term investment time horizon will be handsomely rewarded

[ngms27] 17/10/2018 17:09

Those three tell you everything that you need to know about this sector.

[thelung] 17/10/2018 17:04

Keep banging that negative drum on SAVP, CASP and AEX and any others that aren't on my favourites list.

[ngms27] 17/10/2018 16:50

AK is an empire builder who has destroyed shareholder value in my opinion.

Where would the shares be trading now without the 7E deal following all the Niger discoveries?

[divmad] 17/10/2018 15:43

buffy, ditto.

[rampair] 17/10/2018 15:07

Thank you Haider Ali Fool! Great name! thanks for opinions
BTB - also agree, AK is a good CEO

R.

[buffythebuffoon] 17/10/2018 14:18

Indeed HAF,

A very hardworking, excellent strategist who lets the deals do the talking.

No Shard, Boat on the Thames events and no fireside chats.

He's put his money where his, conservative, mouth is, and put in several million of his own money.

I hope he makes an absolute fortune.

This company is going places, and I'm hanging on for the ride.

Buffy

[bushman1] 17/10/2018 02:45

Any feedback from tonight's function most welcomed ?

[ll0ydy] 16/10/2018 13:17

This is on tonight, anyone going?London South East Oil & Gas Investor Evening with Malcy Graham-Wood and three CEO's from Echo Energy, Savannah Petroleum and SDX Energy

[ifthecapfits] 16/10/2018 08:34

Not long now.

[buffythebuffoon] 16/10/2018 08:13

I don’t subscribe, nor do I knowingly have an e-wallet, so if anyone does...

hxxps://www.africaintelligence.com/aem/oil/2018/10/16/savannah-petroleum-boss--azerbaijani-networks%2C108328283-art?CXT=PUB&utm_source=AEM&utm_medium=email&utm_campaign=AUTO_EDIT_SOM&did=108251725&eid=388827

Nothing too significant by the look of the title, but it could be a subtle pointer.

Buffy

[zengas] 16/10/2018 08:00

Socar Trading is supposed to be the Geneva based oil trading firm that is behind Savps $50m funding reported by AEI.

Socor Trading is a wholly owned subsidiary of the Azerbaijani National Oil Company Socar.

According to AEI Turab Musayev is an executive of Socar Trading and also a shareholder via his private equity firm Luzon Investments.

Turabs brother Taleh also holds shares in Savp via his firms Aralia Capital and Peleng Holding. His share has reportedly fallen from 9% to around 2.5% but what the AEI article does not say is if this was as a result of selling or if it was due to the subsequent increase in shares from first listing in 2014 to the most recent shares issues that may have diluted his firms holding.