Sdx Energy Share Discussion Threads

[pauliewonder] 26/4/2017 07:39

PW said they would tell us next week so there was no reason for the drop yesterday other than people being scared that the RNS did not refer to SD and then selling, which had the trigger of taking out profit takers and hitting stop losses.

Fundamentally, SDX is an excellent investment. They wont have gone through all 3 oil horizons yet and given that we are at the business end of the drilling campaign for this well there is no reason to give an update prior to next week when PW said he would.

Obviously I would love an RNS saying we've hit, but ultimately this well has been a success and will underpin the share price going forward.

Lets all just chill and appreciate that the company is doing an excellent job. The share price will start to reflect what we have here and the longer that takes, the more likely we are to get an offer because the big boys will be sniffing already (as per data room comments)

[niceyman1] 26/4/2017 07:14

The price dropped before last news so I'm not reading to much into yesterdays drop!

[neo26] 25/4/2017 23:18

By now the first horizon should be drilled, with today's RNs not mentioning updates on SD oil, investors got jittery and assume the first horizon was duster.To me oil does not matter as this will slowly move above a pound by year end. Fantastic stock...

[thegreatgeraldo] 25/4/2017 22:39

Hi Cash,

Still think a "material" discovery would need to be announced, maybe not a "useful" or "interesting" discovery. No news could mean they're drilling ahead cautiously (into somewhat unknown territory), drilling delays, water in the first target.... or just no news.

Maybe some have recently seen no news as bad news, given that the share price has eased back a touch....

[cashandcard] 25/4/2017 22:31

tgg,Yes that's perhaps one of the reasons they want to get to the bottom first. Another week or so and results should be forthcoming. It will be transformative event if oil is discovered, the implications for the rest of the block would make SDX perhaps one of the hottest, yet well-balanced plays on AIM.Whatever happens at the deeper levels, they will probably finish this well as a producer in the Abu-Madi. Get that cashflow going as soon as possible.Cash

[thegreatgeraldo] 25/4/2017 22:22

Soul.... just a thought about the oil targets. Strikes me that the 3 targets are all independent. I assume all rely on the same source, but then each target needs the trap to work, the seal to be effective & of course a decent quality reservoir is needed. So it's 3 different shots at finding oil. All 3 coming in would obviously be great news, but one success with maybe residual oil in another would hardly be a disaster.....

[ifthecapfits] 25/4/2017 22:02

my h obliged abht

[soulsauce] 25/4/2017 19:06

Looking pretty steady on the tsx just down a tad.

Come on guys lets not fall out on differences of opinion.

[saw89] 25/4/2017 19:01

P.s not on the basis of what you said. Only am idiot would do that.

[soulsauce] 25/4/2017 19:01

At 62p we are already very much in the realms of the gas find having little or no value.
Another win win approaching. If the oil comes in having dropped back so far it allows a very decent opportunity to get plenty more below 80p.
If it doesn't come in the inevitable temporary drop further will allow me to buy more anyway.
That is the beauty with this one.

[saw89] 25/4/2017 19:00

How do you know I didn't? It's just pretty boring.

[milliecusto] 25/4/2017 18:59

I added it yesterday what would happen today,it's more a perspective on the trading analysis,it is value if you sell like I did at the top and buy back low 60's to high 50's,had you taken my advice from yesterday you would have had 10% more shares/profit today.

[saw89] 25/4/2017 18:48

Milliecusto, anything valuable to add?

[abriefhistoryofthyme] 25/4/2017 18:05

ifthecapfits

If you try to trade SDX AJ Bell pops up a window saying you need to fill in the standard WBEN form before you trade. I.E. to prevent double taxation of dividends.
However, for your information:-

Go to the official LSE site
londonstockexchange.com/exchange/prices-and-markets/stocks/prices-search/stock-prices-search.html
Search for SDX Energy

Select SDX from the search results.
On the dedicated SDX page scroll to the LH side
Scroll down to Trading Information
The SEDOL code shown, BYYLJV0, is for the UK listing.

[milliecusto] 25/4/2017 17:39

No rns till at least next week,plenty of time to dip into the 50's

[ifthecapfits] 25/4/2017 16:14

Just logged into AJ Bell to buy some more in my ISA and there are now three listings for SDX Energy with following SEDOLs - BYMBNQ5, BYXRC54 & BYYLJV0 - any ideas? Is there something going on with SDX as there were not three listed the last time I logged in?

[borg45] 25/4/2017 15:24

It will be 69 before you see 59

[neo26] 25/4/2017 15:19

MilliecustoGoodluck mate...

[milliecusto] 25/4/2017 14:05

Looks like 59 nailed on

[deltrotter] 25/4/2017 11:40

Well done on taking the opportunity geoff.

I believe you have bought into a cracking company (but of course I am biased!).

[geoffmanana] 25/4/2017 11:39

Thanks del.
The tree shake seems to be over.....was a good opportunity for me to get in.

[trapissed monk] 25/4/2017 11:36

sod it,added for a play to recoup! 61.5p seems nice!

[deltrotter] 25/4/2017 11:35

well done geoff

[geoffmanana] 25/4/2017 11:32

I've bought here for the first time.
GLA