Sdx Energy Share Discussion Threads

[neo26] 20/11/2018 12:51

Shakey

for South Disouq to be online the date given is 28th Dec 2018 by PW, its tight a couple of weeks here and there dont make a difference.

Whats really important is that the company is not vulnerable, they can continue there exploration and growth while other companies may have to stop. Debt free makes alot of difference and the high margins in Morocco is excellent.

All imho

[thegreatgeraldo] 20/11/2018 11:04

The "Championship" is Div 2. Obviously

[shakeypremis] 20/11/2018 10:30

Neo26, I am not having a go at the company. I think it's a fantastic company and I am buying more shares at these prices because it's dirt cheap. I am just just not optimistic that PW's targets for Morocco and SD will be met this year. He has a track record of being slightly over-optimistic. But as I said, what difference would 3 months even make anyway? Sod all in the grand scheme of things but I am simply saying the market probably won't see it that way given how badly it rates SDX.

TGG, presumably you are referring to the Championship?

[neo26] 20/11/2018 10:10

ShakeyLets say they dont get them in production but at present they are debt free and make over 30m pound free cash flow per annum, so the company is trading 3 times cashflow and ignoring the other assets.Its cheap, wait it out.Imho

[shakeypremis] 20/11/2018 09:52

I very much doubt that 8mmscf/d is going to be hit in Morocco by year end, I also doubt that they are going to get South Disouq online by year end either. To be honest though it doesn't really matter to the company and it's prospects if both are delayed by a few months or whatever. The market won't see it that way though and this will get punished... again.

[gisjob2] 20/11/2018 09:51

What has happened to the South Ramadan result ?. Is this going to be hidden in results.

[neo26] 20/11/2018 08:43

Well they have until end of nov to produce q3 results.They expecting to produce 8mmcfd in Morocco and 75% belongs to them with average price of 10mcf.Great thing about sdx is they have no debt and its all low cost.

[neo26] 20/11/2018 08:31

Just added some more. Bought under mid...

[darola] 19/11/2018 19:41

Josef Schachter still adding....

[duckdown] 19/11/2018 17:03

Put the company up for sale!

[shakeypremis] 19/11/2018 15:53

Results this week most likely. They'll be very good most likely. But that won't make a a difference.

[darola] 19/11/2018 15:38

We need some news. Been too long now.

[rhuvaal2] 19/11/2018 13:20

smaller oilers out of fashion, etc

[darola] 19/11/2018 12:33

Crazy price down here. It’s just above the 2017 “discounted221; placing. Since then we’ve had a very successful exploration campaign and increased production and free cash. With more exploration planned for next year this has to be one of the best value shares out there.

[rhuvaal2] 19/11/2018 11:48

I tried to prop up the share price ...

[neo26] 16/11/2018 13:43

do we have a seller in the background?

[haywards26] 16/11/2018 12:37

Just added a small top up at 46.25 with some divi income :)

Can't go wrong at these levels I believe..

[tournesol] 16/11/2018 08:47

Keith

I've been back a while, but thanks anyway

T

[keithr39] 16/11/2018 05:44

Good to have you back around tournesol

[tournesol] 15/11/2018 19:06

Small-h

Thanks for that.

I have seen PW present several times - both in person and via links. I thought he was super impressive in the 121 presentation. He rattled through the material at very high speed in order to stay within his allotted 10 minutes. He is clearly got his act very together.

I was struck by his forecast that the level of production at the year end would be double that of 12 months earlier. And very struck by the level of drilling activity planned for next year.

It must be that at some point the operational progress made by the company will trigger a catch-up/rerating of the share price.

Until then it's hold fast with gritted teeth. And consider the odd cheeky top up when the opportunity presents.

[ifthecapfits] 15/11/2018 16:02

Well that didn't last.

[small_holding] 15/11/2018 12:43

121 Oil & Gas presentation, PW was only given 10 minutes

South Disouq due to go live December 28th, it will be tight because they have had permitting issues but they are still confident they can go live in 2018

[thegreatgeraldo] 15/11/2018 09:44

That Schachter interview is 2 months old?