Seaenergy Share Discussion Threads

[richpassi] 30/5/2016 19:55

So jaw and all the other directors have done a sterling job then :) they must be so pleased to hear that so many back all they have done over these past few years ....for the record I don't think that. Like it or not people were drawn in to these type of shares by all the chat that was banterered about, by directors and these boards too. Pap we understand about stop losses, but some people would have clung on to losses and hoped for a spike to get out or things to turn around, in this case the wrong idea .....but ultimately any retrospective advise given to others should also include a statement about the diabolical management, just to show those at the top that shareholders hold them ultimately at fault, I will withdraw my opinion if r2s is sold at a profit !!! obviously

[papillon] 30/5/2016 19:20

"I have knowledge of one who has been wiped- entirely. Lost the whole lot".

stmora1, only a complete fool would invest their life savings in SEA. It was always a very, very, risky, speculative, AIM share. At least a stop loss in place would have preserved most of their capital.

[iamnoone] 30/5/2016 11:53

There won't be anything left. Anyone who is going to take the business will need to invest in it as it will be loss making for a few years for oil to recover or have enough time to diversify.

The only thing that should happen now is that the business gets sold and the shares cancelled with the BoD resigning from the R2S business. Keeping a shell would result in fund raising just to pay for director fees and nothing more.

[largeronald] 30/5/2016 09:33

Two weeks since the "exclusivity agreement" with the "preferred bidder" (can't WAIT to find out who that is) - supposedly to get them through May - and still no sign of an EGM.

We're at the end of May. What's going to get them through June?

[pogue] 30/5/2016 09:20

Keeping the company as a shell means all the losses are tax deductable on any new ventures.

[jack jebb] 30/5/2016 08:43

The only thing I would vote in favour of is a sale of the whole company. Not much point in just selling R2S and keeping the rest. Who benefits? Just the directors.

[bones698] 27/5/2016 07:16

And the fat lady is singing . All in all both are game over they have nothing left or worth anything and no cash to do anything . From here its huge dilution or bust and either is no use to existing shareholders

[bones698] 23/5/2016 12:34

Lol pretty fair response but lets cast our minds back to when remp was forced out , who backed remp and who voted for this shower . Only ones to blame are thosr that let it happen and thats shareholders!

[nick2412] 23/5/2016 11:15

Email from Aldersey-Williams in Sept 2015 :-


-----Original Message-----
From: John Aldersey-Williams

Sent: Wed, 16 Sep 2015 9:34
Subject: RE: SEA

"Nick,

Thanks for this quick response. I’m sorry to hear that you’ve sold your directly-held shares, because we think the interims tell a positive story for the future, but of course I respect your decision.

Regards

John"

----------

My reply :-

"Really? I think we can add self-delusion as well as greed, economy with the truth and incompetence to your CV John"

[htrocka2] 20/5/2016 10:12

Many years since I was in this one...I'm disappointed at the way it turned out...but I remember the Ramco North Sea deal.....hope this helps.

[bones698] 19/5/2016 13:56

By the time they got it will be too late gerry that and it wouldn't cover the biscuit bill never mind this lots wages. Your first statement was correct straws etc

Hows things gerry been a while, good to see u and ron still kicking at least

[gerry138] 19/5/2016 12:44

I am not sure of the details Resourceful, or of the percentage. Juicester is the local expert, he will know the details

[resourceful] 19/5/2016 11:53

is it a revenue royalty

[gerry138] 19/5/2016 11:07

I may be clutching at straws, but there was some good news on Scolty in the Enquest operational update this morning (we have a royality interest in Scolty, I think it is 0.5%).

"On Scolty/Crathes, there has been excellent drilling performance on both wells, completed ahead of schedule and under budget. The Crathes reservoir has exceeded expectations and Scolty is on prognosis. Offshore construction is progressing as per schedule on the Kittiwake platform and subsea construction is planned for summer 2016."

[bones698] 19/5/2016 08:46

Reesy nothing ever happens trust me no matter how bent or corrupt it has been they wriggle out of it always . Just look at how many get to court . It simply doesnt happen and is a waste of ur time and effort and money. Just write it off and learn not to believe in uk management , they are in the majority inept and incompetent

[jack jebb] 18/5/2016 09:33

So incompetent or devious?

Arent we lucky.

[cephalosaurus] 18/5/2016 09:28

It would be an injustice to find out they have good jobs in the buying company.
I hope for the sake of holders here and at LOGP, PVR and SLE that barryroe is sold for a fair price to end this sorry saga, and to return at least a bit of cash to holders. A deal where LOGP value is realised is now the only hope of sea holders recouping losses.

[cephalosaurus] 18/5/2016 09:21

Reesy, I actually think the Board are not clever enough to work out such a deception, so if there is one, it will be some other sharks swimming around and sniffing blood. Just need to see who is on the board or payroll of the new company i.e. The buyer. Thing is, if they sold it for a proper price ( not a loss, not covering just a proportion of the debt) shareholders would stand to benefit some way or another , for instance a dividend or share in the new company. As they are broke, there is nowt, and it smacks to me more of incompetence than conspiracy - having observed this company for long enough to know what they are like.

[largeronald] 18/5/2016 09:01

Reesy - it's not known as the Farcically inCompetent Authority for nothing.

[philmiboots] 18/5/2016 09:00

With you there Reesy, I am becoming increasingly suspicious.

ps Nobody commented on my trading while insolvent query - are they, were they, did they know they were about to be?