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Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 15.00 14.50 15.50 15.00 14.75 15.00 3,686 08:00:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 33.7 1.0 -0.7 - 31

Sdx Energy Share Discussion Threads

Showing 8501 to 8522 of 8750 messages
Chat Pages: 350  349  348  347  346  345  344  343  342  341  340  339  Older
DateSubjectAuthorDiscuss
10/3/2020
10:45
I used to be invested in SDX but I have sold up because I've concluded there is simply no logic to its share price. I could do a month of detailed analysis to convince myself there is value in the share, and I could wait 3, 4 or 5 years for that value to be discovered by the market, and I've found I was just wasting my time and killing my capital. This share doesn't behave like any "normal" stock where improved profits lead to an improved share price, or a probable quick-to-market new discovery can clearly be seen to feed through to the bottom line because there is strong demand for the product. Even if you ignore oil and gas discoveries, at the very minimum you would expect that the market valuation was at least the same as the value of assets plus probable forward-looking earnings for, say, a year, less debt and estimated asset depreciation and the cost of a drilling programme. But if you do the calculations, this bears no relation at all to the actual share price. SDX does look massively undervalued, but very few major investors are interested in small O&G companies nowadays, so the share price seems to me to just follow the adrenaline rushes of small private investors, while the MMs cream off fat profits on the very wide bid/offer spread. The rot really set in with the over-promising by Paul Welch: developing the Egyptian gas took far, far too long, and there simply hasn't proved to be a sufficient market in Morocco for natural gas. You can throw money down drill holes and find lots of small, quickly-used-up gas fields until the cows come home, but even with the high prices on offer, you can't build a business if there aren't enough commercial customers or any domestic gas distribution network to speak of. Why is SDX even drilling in Morocco at the moment, when there are so few customers? Why is it doing expensive drilling in Egypt, when the price on offer from the Egyptian Government is so low, the taxes so high, and it takes so long to deliver the necessary infrastructure? It is generating good income, but low profits because most of the income is spent on new drilling rather than, say, buying real existing assets that could both generate income and offer scope for expansion.
matchmade
10/3/2020
09:49
Indeed it is, my buy finger is getting very itchy!
shakeypremis
10/3/2020
09:14
We make the bulk of our money from Moroccan gas at $12/ mcf. SDX is very cheap at these prices.
brasso3
10/3/2020
09:13
Approximately 60 barrels of oil per day will be the entitlement production net to SDX. Adds around US$400,000/year in profit before tax. Obviously with an assumed decline rate of 30%/year it quickly diminishes.
shakeypremis
10/3/2020
07:22
Nice update. Just need the POO to recover. Be interesting to see the share price reaction.
oapknob1
09/3/2020
17:39
Market crash. Everything goes down.
shakeypremis
09/3/2020
17:32
the value of cash+PP&E-all liabs (so ignoring all exploration and evaluation assets)is quite at bit higher than current share price... i am not sure why it's trading at such a large discount.
dado90
09/3/2020
16:11
Considering today saw the lowest share price in the company's history and the current price is barely above that ATL, I have absolutely no idea. It basically can't go bankrupt and therefore can't really go to zero, as it has no debt and no liabilities it can't pay from cashflow, BUT that doesn't mean the share price can't go a heck of a lot lower.
shakeypremis
09/3/2020
14:26
Where do you think it may go to Shakey ?
wayhay
09/3/2020
09:39
don't think it's bottomed yet
shakeypremis
09/3/2020
08:16
Genius move switching to gas last year. Buy the dip
momentum1
06/3/2020
16:35
I am serching for the bottom of the bottom
kaos3
04/3/2020
12:24
The news appears more negative than positive to me...Not the success that was hoped for or perhaps expected at Salah (South Disouq) which I believe had a larger potential than the Morocco success that was announced alongside.
haywards26
04/3/2020
11:28
You can sell at 18.51 and buy at 18.5 at this moment !?!
value viper
04/3/2020
08:28
Could be exciting times ahead.
oapknob1
01/3/2020
10:20
Some of us are only now slowly returning as shareholders. It's all about management regaining trust after previous leadership.
wisecat2
29/2/2020
19:06
Despite the decimation, no chatter on the boards. Has everyone who held SDX died from the coronavirus? Seriously though, I think the lack of posts - even given the absolute carnage - is absolutely indicative that this stock is not held by the average AIM punter.
shakeypremis
28/2/2020
06:41
Shakey they are on take or pay contracts! They are fixed price contracts ! It matters not what demand in Morocco or Egypt
oilinvestoral
27/2/2020
11:55
Coronavirus impact on oil is dragging this down. Not a huge impact to SDX's revenues as they produce majority gas now. Although if they lose demand for gas in Morocco/Egypt or have troubles with payment that would be a valid cause for a drop in the share price. But that hasn't happened yet.
shakeypremis
27/2/2020
11:41
would never think share price going this low
kaos3
14/2/2020
08:42
drilling Salah well?!!!! what the heck, are they drilling in Liverpool then? is that the Anfield extension going around?
rumobejo
14/2/2020
08:31
Full steam ahead!!
nasnas1
Chat Pages: 350  349  348  347  346  345  344  343  342  341  340  339  Older
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