Sdx Energy Share Discussion Threads

[paleje] 17/11/2017 10:48

From 09 Nov, I know it's been pasted before, but no harm reminding, 12 month target GBP 1.20 and a great buy under GBP 0.47. I should cocoa, doubt if we'll get that though. I mean the 47 not the 120:-

Josef Schachter, president of Schachter Energy Research Services Inc. discusses his Top Picks: SDX Energy, Bellatrix and Trinidad Drilling.

SDX ENERGY (SDX.V)
SDX is focused on oil and natural gas production in Egypt and Morocco. Production in Q2/17 was 3,707 boe/d and this should double by Q3/18, as new natural gas production comes on in Morocco (great gas price US$12/mcf versus Canada C$2.70/mcf) and natural gas and oil volumes in Egypt. The company has an active development program in both countries as well as some very attractive exploration upside potential in coming quarters. SDX is debt free and recently was sitting on US$37M before a more active Q3 and Q4 this year. Over the next few years we expect SDX to grow volumes over 10,000 boe/d and generate significant cash flow. Our one year target is $2.00 per share and our next bull market peak target is $5.00 per share. The stock would be a great buy <$0.80 per share.

[captain james t kirk] 17/11/2017 10:31

Yup, I don't do charts and I don't know if Drewster's comment earlier re 55p was a typo but to my mind, based on recent share price activity, the support appears to be around 50p.

[itsriskythat] 17/11/2017 10:31

Looking at the chart since the start of October, it bounces off 49p. Then looking at the chart between the start of July and September, it bounces off 43p.

Taking both of these into consideration, there's an imminent fund raise at 49p!

But I don't believe that.

[wish i wasnt in rbs] 17/11/2017 10:24

Interesting there seems to be a bit of support at this level, up from the mid 40's a couple of months ago.

[pjj71] 17/11/2017 09:44

Oil price running.. sdx tanking (again)... the trend is your friend...

[deanroberthunt] 17/11/2017 09:30

I keep topping up on weakness on the conviction that the market can be irrational for a long long time, but eventually class and value will win out.

[ileeman] 17/11/2017 09:30

Only explanation for this crazy movement is a seller is dumping aggressively probably from the last placing.

Massive swing back up when they finish.

[plentymorefish] 17/11/2017 09:26

and information being consistent, no matter what channel is used to broadcast it, information promised being released and timelines (within reason) being kept to

[shakeypremis] 17/11/2017 09:21

Reserves upgrade. News on new discoveries being flow tested and confirmed hooked up.

[shakeypremis] 17/11/2017 09:21

Reserves upgrade. News on new discoveries being flow tested and confirmed hooked up.

[deanroberthunt] 17/11/2017 09:17

cash at bank, debt free, production increasing, drill after drill success, great mgt, Oil now over $60 ...!!!!1

[shakeypremis] 17/11/2017 09:05

Maybe 44p-ish. There's a gap in the chart there from early September. 5th-6th I think if my memory serves. I'll probably have to throw the kitchen sink at this of it goes than low.

[captain james t kirk] 17/11/2017 08:41

"just where might we be heading if 55p support fails??"
Well. that's easy - 50p:)
After that I haven't a clue.

[the drewster] 17/11/2017 08:10

just where might we be heading if 55p support fails??

are the recent oil (heavy) discoveries failing to flow? is some other bad news being hidden?

just what is the price doing back down at these low levels?

[captain james t kirk] 17/11/2017 07:30

" compared to AST they probably run like a Swiss watch!"
Comparing one poorly performing company with another doesn't really help the investment case.

[darola] 17/11/2017 07:19

Assume that's historical. I invested just before the placing and thus far they've over delivered. Although I think we can all agree that the markets reaction has been underwhelming. On the point of deadlines, compared to AST they probably run like a Swiss watch!

[captain james t kirk] 17/11/2017 06:49

Darola
Keeping to deadlines.

[wossupsa] 17/11/2017 06:29

A bend me over moment nailed on here, when not if in my opinion.

[thegreatgeraldo] 16/11/2017 22:31

Brasso3
16 Nov '17 - 21:55 - 4788 of 4788 0 0
Every hole they have drilled has been successful. The market is giving this a low valuation until they book some serious P2 reserves from all of these discoveries.

...dream on...... we've got a figure for the SD discovery, Morocco isn't going to add much to P2 & neither is Rabul.

[brasso3] 16/11/2017 21:55

Every hole they have drilled has been successful. The market is giving this a low valuation until they book some serious P2 reserves from all of these discoveries. I will just keep adding until the market starts to apply a fair valuation.

[neo26] 16/11/2017 17:52

TigrispooI agree...

[captain james t kirk] 16/11/2017 16:37

They certainly don't want to overtrade and one does get the impression that they are having difficulties keeping all the balls in the air at the same time.
Obviously any future acquisition has to bear this in mind and be very value enhancing.
I'd like to see an increase in the reserves. S.Disouq may fulfill this wish.

[tigris72poo] 16/11/2017 16:15

PW needs to put this to bed and forget any acquisitions and concentrate on
developing the licenses that we already hold

AMEN !!!!