Sdx Energy Share Discussion Threads

[saucepan] 11/12/2017 07:13

"We are pleased to have made another discovery during our ongoing nine well drilling campaign, with this well exceeding our pre-drill net pay estimates by more than 50%.

Surely the share price is going to start catching up with the value here soon?

[lauders] 11/12/2017 07:12

Come on SDX start going up! The news and story only gets better and yet the share price is depressed. About time we went the other way!

[shakeypremis] 10/12/2017 16:04

Soon to be even more cash from Morocco as that pipeline gets filled to capacity (as is seemingly going to happen) at the new contract gas rate.

[griffin81] 10/12/2017 09:48

Currently, we generate more cash from Morocco than Egypt.

[deanroberthunt] 10/12/2017 08:06

fair enough cash...noted

[heritage07] 09/12/2017 19:21

I only hope the selling is Tax loss selling,can't see any other reason for the downward ticks on the stock every day.Should turn around after about Dec.16th.give or take a day.

[drmaccers] 09/12/2017 16:25

So if we look at this site with supposed data dating 14/11/17 https://www.investorvillage.com/smbd.asp?mb=16015&mn=700&pt=msg&mid=17703477 Miton Asset Management Ltd. 1,128,250 Now we check this site with data dating 6/12/17 https://www.msn.com/en-gb/money/stockdetails/ownership/fi-22.1.SDRYF.GREY?ownershipType=institutional Miton Asset Management Limited 178,250(-84.20%) So certainly Miton has sold about £500k in the last few weeks which hasn't helped! But they are just about gone! Perhaps they are now. No one else really selling. GLG are stable position. Looks like a big bounce coming

[lauders] 09/12/2017 14:42

That isn't a recent video though supertag. Let's hope for a good week. We need one, but long term is what really counts if you have the patience.

[supertag] 09/12/2017 14:31

Very good interview to view on the LSE Share Chat.
Paul Welsh really knows his stuff and I am happy to hold for future share price growth.

[darola] 09/12/2017 12:32

I don't want a dividend, but I don't want s flat share price either. I was merely pointing out that dividends bring in new money and that increases the share price

[soulsauce] 09/12/2017 08:46

Although wytch farm is a rather old asset.

Be good to see some news on Rabul 2 please PW.

[cashandcard] 09/12/2017 08:05

Differing fiscal regimes, petroleum systems, quality of oil, Country risks etc. No delays in getting paid in one, significant delays in the other. Reserves levels are also different. A better comparison would be with another Egyptian company.Cash

[11_percent] 09/12/2017 08:02

dean,

The problem here seems to be PW, and is he to be trusted.

Wytch Farm is in the UK, and the buyer will get paid for the oil. This is not the case with SDX in Egypt.

[deanroberthunt] 09/12/2017 07:54

so, if they get near term towards 10kboepd, add in the cash, she's worth in direct comparison...circa $580m

nuff said

[deanroberthunt] 09/12/2017 07:50

If you want some perspective on how much this is undervalued, Premier Oil have recently sold their interest in Wytch Farm for a total consideration of $275m...their 33.8% stake was equivalent to 5kboepd...

[lauders] 09/12/2017 01:40

If you want dividends then there are better places to look ;-) This is a buy and hold as the story unfolds and the BOD use cash for acquisitions to bolster their portfolio and add to the eventual income. I guess it is a matter of hold if you believe in the BOD or invest elsewhere if you don't. PW hasn't exactly convinced the market he can be trusted as his predictions/statements haven't always materialized, but I hope he is learning from his past "over-confidence" and this aspect of the business will improve as will the share price as a consequence.

[shakeypremis] 08/12/2017 15:26

Pfft, no. They need that to develop South Disouq and buy distressed assets. South Disouq could be really big.

[darola] 08/12/2017 14:53

A game changer would be if SDX decide to pay some of that growing cash pile out in a divi. No point having loads of cash if you don't use it..

[griffin81] 08/12/2017 12:59

Ultimately the higher PoO will translate into higher quarterly results and greater cash flow to SDX. I will be adding further, just waiting to see if this settles here or dips to 43 / 44. KSR16 could be announced next week so not a decision I can sit on for long.

[pjj71] 08/12/2017 12:52

clearly.. this is tanking even more as the oil price rockets...

[shakeypremis] 08/12/2017 10:07

I don't think the price action we've seen here really has anything to do with the price of oil.

[pjj71] 08/12/2017 09:50

Amazing how this tanks on a small pull back in oil and tanks on a rise in oil...

[tombul] 07/12/2017 18:40

Dilution Lover, Mr. Pinocchio has been running a great scam for many years.
This is how it worked:
Dilution Lover first does a reverse split, then announces the successful completion of private placements with certain existing institutional investors, and then announces many news for fake gas and oil discoveries, and then uses a couple paid clowns like Malcy and Josef Schachter to pump the stock allowing his so called institutional investors to begin dumping the worthless shares of this scam.

[corgies2] 07/12/2017 13:09

I have an indifferent record of reading between the lines with a particular bad memory when I speculated that XEL's future could lie with Osbourne's best friend ....China . Not even Osbourne survived that one.
Having been born a Gemini , the twins are not on the same page .One fears bad news is in the works and rumours of such are encouraging steady selling , T'other one is anticipating good news presented as a blockbuster packaged RNS before Xmas.

2 PINTS PLEASE

[parisv] 06/12/2017 15:41

new due next Thursday. I have no doubt this will be £1 in march.