Sdx Energy Share Discussion Threads

[brahmsnliszt] 21/4/2017 10:46

entered the fray here in smalls a few weeks back but bumped my holding up from Tuesday after the weekend's news, and added more over the course of the week.
Impressed with the CEO - has a good track record and seems trustworthy.

MM's intra day shenanigans dont bother me too much when the share price is in such a good trend, the story remains compelling and the big boys are interested - as we have seen in other stocks recently.
As with everything in AIM however, remain sceptical and always question.

thanks to cfro on another board for highlighting this to me

GLA

[deltrotter] 21/4/2017 10:40

Well just had to pay over for 5k. Got em at 65 instead of 64.5. Only one MM on it and they would not let it go.

The hapenny won't make a blind bit of difference longer term, but, I do agree that the MMs have been caught on this rerating.

[hiddendepths] 21/4/2017 10:19

hi soulsauce! It's been a while.

Neo - When the MMs cloud the picture it's usually because they have a position already and don't want to be "read." I'm certainly not saying there's no big buyer(s) but I suspect some MMs were caught on the hop and have short positions that at present they can't fill. If I'm right (and I sat alongside MMs for about five years) the shares can keep rising for a goodly while. Of course, news will affect this but a short MM over the weekend is liable to have an anxious couple of days!

[captain james t kirk] 21/4/2017 10:14

tauroctinus

We are presently oil in Egypt but here's a little article on gas:
hxxp://www.dailynewsegypt.com/2016/11/03/50-increase-gas-prices-sold-factories-due-egyptian-pounds-flotation/

[neo26] 21/4/2017 10:13

HiddendeptThey have huge buy order to fill, imho

[pauliewonder] 21/4/2017 10:03

Dont know whats happening here with the price. ADVFN seems to have stopped updating it. Anyone else with issues?

[soulsauce] 21/4/2017 10:00

Hi hiddendepths good to know you are in here.

[hiddendepths] 21/4/2017 09:56

MM games today. I think they're short...

[neo26] 21/4/2017 09:47

You know the famous saying "wouldn't want to be out over the weekend".I think by tonight they would be in the first potential oil horizon. They will know..So will eni,bp,Dana and rwe. If they strike oil news will be leaked all around the world.Imho

[someuwin] 21/4/2017 09:24

Got a few more this morning.

[brasso3] 21/4/2017 09:18

MMs fishing for stock.

[saw89] 21/4/2017 09:18

Also, lets not forget Morocco, where we are making $8 profit per.cf and ramping production up significantly.

The cash flow generated from gas sales in egypt and morocco will be well suited to further exploration in S.Disouq or the acquistion of other distressed businesses with high margin assets. And it is this fuel and strategy for growth which is why I am invested heavily in the long-term.

[griffin81] 21/4/2017 09:16

I managed to buy 63,250 shares this morning at 63p across a few trades online. Seams ridiculous you can still buy share in this company at such a cheap level.

[tauroctinus] 21/4/2017 09:16

Are we currently selling gas in Egypt?.
If so what price do we get per Mmscf?.
If not does anyone have a read on what we are likely to sell our
gas at from SD (assuming SD is commercial)?.
I averaged up first thing on Tuesday, and this is now my largest holding.
Oil be deloired and excoited if we have further good news from this well!!

[neo26] 21/4/2017 09:14

RapiddaveDon't forget the gas find, other structures have been derisked as a result of large discovery..Oil is bonus, which can take us to another level.75% concession hasn't been explored yet, fantastic opportunity for sdx.

[rapiddave] 21/4/2017 09:09

If Oil is found the Company will likely get buy out offers from Majors like ENI / BP. South Disouq is a very large area with only a fraction of it being subject to 3D at this time. Paul Welch already has said that there are other areas ready to go for drilling if Oil is found. The SD-2 site is thought to have more Oil potential than SD-1

[pauliewonder] 21/4/2017 09:06

Can buy a small amount online, I just did but it immediately changed the price.

[neo26] 21/4/2017 09:04

Definitely institution buying..If that black stuff from the ground is found, 200p!!

[wisecat2] 21/4/2017 08:56

No offers online

[cashandcard] 21/4/2017 08:31

Yes seems strange prices activity this morning.Cash

[shakeypremis] 21/4/2017 08:29

Looks like 500,000 shares were just bought.

[niceyman1] 21/4/2017 08:27

Obviously to suck people in!

[plentymorefish] 21/4/2017 08:22

Those prices were not correct, you couldn't get a live quote to sell but could buy in size around 63.5p and now it's 63.1 to live buy and still no quote to sell. Don't know why they opened it like that as it looked like we were going up?

[cashandcard] 21/4/2017 08:18

Good start to the day. I expect them to be into oil target zones by next week. Cash