Savannah Petroleum Share Discussion Threads

[stockport loser] 20/12/2019 09:13

It would roughly equate to VRs holdings, but looks as if they have been moved to another ii outside of normal trades.

[shareideas1] 20/12/2019 09:10

Clean up trade - given the number (vs holdings) got to assume it's bond holder VR selling what's left of their position! We will definitely get TR1s from sellers and buyers over coming 48 hours.Overhang gone so got to think strong upside into potential news from here... fingers crossed...

[haideralifool] 20/12/2019 09:08

Seems as if funds are moving shares around, given the volumes traded and lack of share price movement.

[stockport loser] 20/12/2019 09:08

50m odd shares all dumped in one foul swoop? Surely a Tr1 now? Never seen this before.

[stockport loser] 20/12/2019 09:04

What just happened there?

[mount teide] 19/12/2019 17:41

The last time the bots closed it out near the low of the day was the trigger for them to start moving it North again.

[mutley walters] 19/12/2019 16:09

My friend Glasgow loan shark big Tam two hammers McGurk says he is appalled a their tactics

[mount teide] 19/12/2019 15:23

The share price continues to be manipulated through the use of automated trading programmes, which are being used to control the book. The aim? To either fill a large buy order or assist those holding the 9.0 million shares out on loan to close.

Yesterday's closing shenanigans were outrageous, even by their recent standards - not even the New York Mafia would have been so brazen.

They lifted the price by circa 7% in the last minute through the use of a few tiny automated trades. This enables them to daily test the patience of many investors through the psychology of a share price relentlessly opening much lower every day - a strategy that appears to be bearing fruit if the number of small punters capitulating is a reliable guide.

[mount teide] 19/12/2019 15:20

The share price is being manipulated through the use of automated trading programmes, which are being used to control the book. The aim? To either fill a large buy order or assist those holding the 9.0 million shares out on loan to close.

Yesterday's closing shenanigans were outrageous, even by their recent standards - not even the New York Mafia would have been so brazen.

They lifted the price by circa 7% in the last minute through the use of a few tiny automated trades. This enables them to daily test the patience of many investors through the psychology of a share price relentlessly opening much lower every day - a strategy that appears to be bearing fruit if the number of small punters capitulating is a reliable guide.

[silver tortoise] 19/12/2019 08:21

Even more so today,why ?

[zengas] 17/12/2019 10:56

Re the Ayade and Tinapa power plants nearing completion.

I noticed in Maclys interview he mentioned at 5:30 in - in addition to Alaoji power station - expecting to sign up a combination of *Governmental power stations and private sector customers* at various pricing points and cotractual structures.
'A lot of that preparation work has been done and we are hopefully in the period where we can just annouce that'
--------------------------------------------------

Possible of a significant chance that Savp could be supplying the gas given Tianapa is right in the middle of our infrastructure at Calabar/Unicem Plants.

Savps October 2019 presentation page 22 shows a small proposed pipeline of about 15-20km down towards Calabar. There's no other infrastructure in the area by any other competitor that we know off according to Savp, so looks like this could be very likely. It's 23 MW so not large scale in comparrison to the size/output of the Calabar, Ibom and Alaoji plants but still significant.

The 26 MW diesel powered Ayade plant also nearing completion is not far away either so i wonder if this could be a candidate to convert to gas at a much cheaper rate than diesel. If diesel is costing $10+/mcf equivalent and maybe more, then a switch to gas would have compelling economics.

Savp said they were unable to sign up customers until the 7E deal was completed as no one could deal with Seven Energy in its distressed state and from memory on a prior intereview he did say i beleive 2 gas customers 1 of which before Christmas maybe.

[nen2319] 17/12/2019 09:57

Who has given me a thumbs down for asking a question? Pls explain?..

[itsriskythat] 17/12/2019 09:23

Don't forget the investment by AIIM.

AIIM actively manages investments in East, West and Southern Africa and has equity under management of USD2.1 billion with a track record extending across seven African infrastructure funds:



AIIM Fund 3 now holds SUGL and Accugas:

[nen2319] 17/12/2019 08:30

How do you explain all the II’s that are invested? Have they all been duped with the smoke and mirrors?

Not having a go as I want to hear both sides, just strange so many blue chip companies have invested when normally they steer clear of AIM ??

[mutley walters] 17/12/2019 08:15

Remember AK has bought a huge amount of shares and has a very significant personal holding. In that respect his and indeed the board's interests are aligned with PIs.

[ngms27] 17/12/2019 06:18

You all forget that in my opinion Malcy runs a publicity business and the companies he publicises pay him.AK has built an Empire at very material cost and with no benefit to shareholders.It's all smoke and mirrors and typical AIM.

[divmad] 17/12/2019 05:21

Is the consensus that Malcy has peaked and is on the slippery road South now?

[swindon41] 16/12/2019 18:03

I'd like to see SAVP ditching any further inteviews with Malcy, Vox and the like......pure asinine ramping with puerile level of analysis and questioning. It makes AK look cheap and is frankly degrading for a company that wants to be taken seriously by the investing community. Time for SAVP to take investor comms far more seriously.

[haideralifool] 16/12/2019 07:18

mutley - not only did MGW let PW peddle his lies, but he played along!!

Both of them used to big-up the SDX drilling programme which would have caught the unwary - given that each well was worth the equivalent of an elephant breaking wind.

We'd complain about it at the time on the SDX forum.

I've written to savannah IR. Dunno if it will do any good.

[mount teide] 15/12/2019 23:19

One thing that impresses me about the management of JSE is that despite repeated requests from Malcy for a meeting - to his frustration they never can find the time, yet can routinely find the time to give interviews with Andrew Scott on proactive.

[thelung] 15/12/2019 21:01

Buffy if you're interested in any miners then one of the nearest interviewers to Toupee Neil that you'll find is the Crux Investor,

[buffythebuffoon] 15/12/2019 17:39

P.S. That bit was a cut and paste I was writing for the EME board, but didn’t finish!

Buffy