Sdx Energy Share Discussion Threads

[neo26] 15/8/2019 14:21

Im almost convinced this is going to be taken over.Won't be surprised if company puts sdx for sale just like amer...

[cwmwillis] 15/8/2019 09:34

Fair enough.

[pjj71] 15/8/2019 09:28

i was being sarcastic.. i have been buying a bit of late :)

[cwmwillis] 15/8/2019 09:11

PJJ71 thought you dipped my toe in due to good assets & a cheeky T/O

Assume you have sold if you believe in 5p?

[pjj71] 15/8/2019 08:49

5p by the end of the week

[deanroberthunt] 15/8/2019 08:41

single digit soon.

[greenrichard] 15/8/2019 07:19

Need news confirming second milestone reached by target of mid August.

[cwmwillis] 14/8/2019 16:11

Spill the beans then!!

[rumobejo] 14/8/2019 15:44

10p is coming...

[rumobejo] 14/8/2019 15:43

you will know why by the time it comes...

[shakeypremis] 12/8/2019 13:22

Rumobejo, why?

I concede that it can definitely get that low if there's manipulation, PI's continue to dump without significant institutional buying. But why else? It will be valued at cashflow - possibly even cash in a year or so - or less with an enterprise value of US$13m (probably less as cash may well start to increase soon as CAPEX spend on SD is apparently finished).

SDX's earnings are in dollars too which have greatly appreciated versus the pound. This current valuation is ludicrous enough, let alone a valuation at 10p or US$24m market cap.

[rumobejo] 12/8/2019 12:52

10p coming...

[thomas11] 09/8/2019 10:03

Not long until Mid August and the arrival on site of the CPF, I see this as a major test for the new temp. CEO. Can he deliver or is he just like PW. Here's hoping

[shakeypremis] 07/8/2019 13:50

16 handle on a quote to sell 35,000 shares or more

[tli8jaguar] 01/8/2019 16:41

Shakeypremis, just that AXA Framlington are pretty good fund managers.

[shakeypremis] 01/8/2019 13:38

Yep, saw that too. No one ever seems to bother notifying when it comes to SDX.

[greenrichard] 01/8/2019 13:33

That Morningstar page is also stating that River & Mercantile have reduced their holding from 6.45% to 1.92% If so, that should have been disclosed as well.

As of 30th April 2019 according to SDX

[shakeypremis] 01/8/2019 13:31

We should get a TR-1 notification for this at some point shouldn't we? Over the 3% reporting threshold.

[shakeypremis] 01/8/2019 13:29

tli8jaguar, what do you mean?

I seem to remember them holding SDX shares in the past. Maybe it wasn't the same fund but definitely the same institution.

[tli8jaguar] 01/8/2019 13:24

AXA Framlington UK is quality.

[shakeypremis] 01/8/2019 12:58

AXA Framlington UK Smaller Companies Acc have bought 6,320,331 shares (or 3.09% of the company) recently. It appears that there were net sells from funds/institutions in July but only to the tune of about 900,000 shares. Not a whole lot. Will this holding be reported to the market at some point???

hxxps://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P000182NM&lang=en-CA

[deanroberthunt] 29/7/2019 15:48

deader than some dodo's

[shakeypremis] 26/7/2019 16:58

Rumobejo, that is pure conjecture. You could of course end up being right, but it is still conjecture. I still maintain SDX could have done a financing at a much higher price than today had they so wanted, certainly not on their own terms, you are right, that's not how it works, but on much better terms than today's share price.

They also haven't used the debt financing yet. It's from the EBRD on better terms than they'd get from a private bank.

[greenrichard] 26/7/2019 16:16

The purpose of the Capital Reduction is to restructure the issued share capital and reserves of the Company and to create distributable reserves to facilitate the payment of future dividends, when it becomes commercially prudent to do so.