Sdx Energy Share Discussion Threads

[value hound] 18/8/2018 09:19

Fair enough, thanks tournesol.

[tournesol] 17/8/2018 15:11

value hound

SDX is not mature enough to pay dividends.

At this stage in its life-cycle its objectives are
1) achieve financial self sufficiency
2) continue exploration of existing acreage
3) develop discoveries
4) acquire additional acreage/assets

It needs to repeat steps 2-4 until it achieves critical mass and is truly self sufficient and big enough to withstand the run of bad luck which is normal in the
industry.

Only then can it divert its cashflow from building the business to paying dividends.

There is nothing remotely unusual in the above - it is standard operating procedure for small E&P's. None of them pay dividends. Nor should they. I don't invest in them for a 5% divi. I invest for a multi-bag return from successful exploration. If they can afford both an aggressive explo programme and a divi that's fine but if they have to choose between those two options, then it's a no brainer.

[gisjob2] 17/8/2018 12:11

Why pay a dividend when still raising money. Much rather the profits are reinvested in the business for now. Maybe in year or two when assets have grown and been brought on stream.

[value hound] 17/8/2018 12:04

Why don't SDX pay any dividend - ever? They could patently afford to.

[hiddendepths] 17/8/2018 11:47

Still plagued by sellers into any strength. My take on it is that some of the early stage investors are still getting out to invest in some new as yet unquoted opportunities. Absolutely standard stuff which says nothing at all about how SDX are doing or what institutions think of them.

These sellers do finish eventually and the usual pattern is that there is a hefty rerating pretty quickly when they do.

I remain quietly confident that this will be an excellent performer over the next year. It could well be that production and cashflow from South Disouq in the fourth quarter is the trigger.

[darola] 17/8/2018 10:25

Up she goes. Nice!

[deanroberthunt] 17/8/2018 09:42

there's nothing cheaper on the market, E&P wise....could 3-4 bag and still not be expensive

[wisteria2] 17/8/2018 09:24

Brasso3, I have been thinking that for the last 12 months, the exploration program has been very successful! hitting pay time and time again! and yet here we are languishing at 50-60p. Anyways optimistic I am !! gla holders

[wisteria2] 17/8/2018 09:19

Paul Welch, President and CEO of SDX, commented:

"We are very pleased with the test results of the SD-3X well as it exceeded our expectations. The well is located the furthest down dip on the structure and had the least amount of pay when compared to the two offset wells. We therefore limited both the test duration and peak rates to ensure that no damage was done to the well whilst testing it. The well performed in line with the offsets even with the reduced pay section. We are now very confident that we can achieve the peak rates at the planned facility at South Disouq of 60MMscfd of conventional natural gas with our current well stock. We intend to connect this well to infrastructure located adjacent to our SD-1X discovery over the coming months. We are targeting a late Q4 2018 start-up of production in South Disouq.

The rest of our portfolio of assets continues to perform well and I look forward to updating our shareholders on all of our activity when we release our Q2 results on August 28, 2018."

[brasso3] 17/8/2018 07:51

The market cannot keep ignoring SDX.

"We are now very confident that we can achieve the peak rates at the planned facility at South Disouq of 60MMscfd of conventional natural gas with our current well stock. We intend to connect this well to infrastructure located adjacent to our SD-1X discovery over the coming months. We are targeting a late Q4 2018 start-up of production in South Disouq."

[saucepan] 17/8/2018 07:27

We are very pleased with the test results of the SD-3X well as it exceeded our expectations.

[darola] 17/8/2018 07:18

SDX Energy Inc. - Successful production test at SD-3X well, Egypt

[robbiekeane] 14/8/2018 16:08

hxxps://players.brightcove.net/2830693144001/default_default/index.html?videoId=5821897970001

Malcy half year review of bucket list - SDM discussed around 7 minutes in.

[darola] 14/8/2018 14:17

Stick your neck out as far as you want - and you’re probably right - but they haven’t committed to buy it YET.

[captainfatcat] 14/8/2018 14:15

Good to see a bit of confidence return and the share price moving up once again.

[thegreatgeraldo] 14/8/2018 10:20

I'll go & have a sit down in a quiet corner with my paper bag....

[johnrxx99] 14/8/2018 10:11

TGG - careful now!

[thegreatgeraldo] 14/8/2018 10:09

I'll stick my neck out & suggest the Egyptians may well buy the SD gas! ;-#))

[darola] 14/8/2018 10:07

For me SDX just need to prove their revenue stream. I’m confident that they’ll hit the 8k production figure, but have no idea who’s buying it yet... when that’s clear then this will rerate.

[shakeypremis] 14/8/2018 10:02

Oh yeah, this is massively undervalued if you ask me. Been here since February 2017 and since then the fundamentals and cash-flow have improved a lot and the growth potential is really very large. But the share price is really not that much higher.

[robbiekeane] 14/8/2018 09:28

well it certainly can but the potential upside is much greater than the downside if you get my drift.

[shakeypremis] 13/8/2018 22:26

It so easily can. Where have you been the last year or so? Lol

[robbiekeane] 13/8/2018 21:04

Josef tips SDX again, it won't be at this low price for long (imho)...

hxxps://www.bnnbloomberg.ca/video/josef-schachter-s-top-picks~1460359