Bones if your ears were burning earlier it was me talking to my mate at work, I was saying how I wished I had listened to you earlier than I did ! and I hope some read your comments the other day and stopped themselves buying into the rise, think a lot of people have learnt a lot this year :( but if they have learnt that's a good thing :) I'm looking forward to a weekend away in Dorset, how come I can afford it , even though self employment is a bit quiet at the moment......its because I haven't visited Halifax Share Dealing site for over 4 months. |
Yes, bones698, the recent spike up was a definite bull trap. That £10k buy could have been someone closing a short as I said at the time.
SEA is burning cash and now has sizeable debt. How will it generate the cash to pay the interest on that debt? How will it generate the cash to repay the debt when it's due? Definitely a bargepole stock. Cash is KING. How is SEA going to generate cash? |
Predictable , I just hope nobody falls for these false spikes. Bent market makers trying to shaft people every chance they get . To those already in I'd suggest selling out on them and using them to either get out at a better price or trading them so you can buy back in lower although why you would want to be in here is another matter lol |
All in the timing tbh remp did well selling up when he did by the looks of it although what followed was a disaster . This lot make the muppet show look like class management lol
Perhaps they can sue for copyright infringement on that photo , would probably bring in more money than r2s tbh |
 Cheeky barstewards, nicking our photo!
--------------------------------------
Renewable Energy Generation (LON:WIND) has agreed the sale of its wind and solar business to a fund run by Blackrock.
The green power group flagged up the sale in October and Blackrock will pay £64.5mln, in line with the price indicated then.
Shareholders will get the proceeds through a 60p per share distribution to be paid in January, with a possible additional 0.3p once all the ends are tied up.
The remaining biomass operations are to be sold to REG’s management, after which the company will be liquidated.
REG blamed policy changes announced by government in June for the decision to sell up.
In their own right, closure of the Renewables Obligation (RO), reductions to the small scale wind feed-in tariff (FIT), elimination of onshore wind from feed-in tariff contracts for difference (CFD FIT), stricter planning policies and elimination of the climate change levy (CCL) exemption would have been major blows, it said.
“Taken together, the impact is profound.”
Shares rose 8% to 58.8p. |
This log chart shows that the upper Bollinger Band has acted as intraday resistance as it did in early October after a similar rise. bones698 is probably correct; this is likely to be a suckers rally without any solid foundation.
free stock charts from uk.advfn.com
This longer term chart shows that SEA has been a sell ever since the 50 day EMA crossed below a falling 200 day EMA. This happened BEFORE the PoO collapsed following the OPEC meeting of 26th November 2014. I reckon savvy investors and those in the "know" have been selling and shorting SEA for over a year. I think the chart has picked up on that. We have to accept that we are ignorant small PI's; there are more "knowledgeable" investors than us. There was a rally earlier this year on small volume (rather like today), but the share price never closed above the 200 day EMA and it soon fizzled out.
free stock charts from uk.advfn.com
EDIT: Nothing goes down in a straight line. Traders can still make money in the short term even if a share is in a marked downtrend. PVR shows that when the PVR share price went from 12p at the start of October to 25p within 3 weeks before falling back down again to earth. LOGP has shown that this year as well. Both PVR & LOGP have been in steep downtrends since early 2013. |
bones698. I didn't say he was clever, now did I? I was just interested in why someone bought £10k's worth of SEA shares, that's all. Just being inquisitive. |
Seriously there isn't anything going on , someone bought 10k of shares and if any news followed it they could be investigated for insider trading . The rise is the usual pump and dump from the mms to sucker in yet more investors and to mop up any shares they have floating around . This will be followed by the usual drift back down to new lows soon after to lock them in .
Pap see some need it explaining . If they were that clever they wouldn't be holding sea at all at this point and sat on losses .
Jack thanks for those pearls of wisdom as always but given your complete misreading of the situation in months gone past I don't think too many will bother listening to much you say . |
"instead of ridiculing them" - What a load of PAP, I've never ridiculed anyone, unlike yourself! |
A bit dramatic from Shareprophets, as usual.
The news about the charity job was on the internet overnight, and some would have seen it. The job itself presumably is not material, but what it represents might be.
ie Using their technology in other areas.
It is something they should have done a long time ago, prior to putting all their eggs in the oil basket, but better late than never. |
Who knows why someone bought that 250k? Could someone have inside knowledge? Could it be he/she is a masochist? Yet again it could have been a shorter closing his short? If so he could have made a lot of money
We'll never know the reason, but if it is someone with inside knowledge we'll no doubt soon find out.
"Lots of articles trying to get Pi's to sell lately - out of the goodness of their hearts obviously." You've been saying something similar about SEA, PVR & LOGP during all of 2015 as far as I can tell, Stockriser. If you had taken notice of people telling you sell these shares in the past, instead of ridiculing them, you would have saved yourself money. Don't rubbish the views of others, Stockriser, because your stock picking record is nothing to write home about!! |
That wouldnae be the space in yon bank account perchance? |
This on twitter.
R2S @R2S_VAM 18h18 hours ago
R2S Retweeted SeaEnergyPLC
Thrilled to have used @R2S_VAM to help local charity @CLANnow & not just for a virtual tour - watch this space..#CSR
I just hope its not the same space that PVR shareholders have been encouraged to watch for the last 3 years. |
Now we're really diversifying, but I would say this project was completed free of charge - still good marketing.
A technology usually used to capture images on board oil platforms and crime scenes has been put to use to help north-east Scotland charity Clan Cancer Support.
Aberdeen-based SeaEnergy provided its R2S visual asset management system to photographically capture Clan House into its software to provide the charity with the ability to visually demonstrate the facilities at its Aberdeen headquarters.
Clan chief executive Dr Colette Backwell, said: “Clan and our clients will benefit greatly from the virtual tour. It will allow people with cancer, their families and carers to see what we have to offer and perhaps help them to make that first visit to access our wide range of well being services and emotional support.
“The virtual tour also has an important role to play in allowing a number of people affected by cancer from across north-east Scotland, Orkney and Shetland to gain an insight into our facilities before making the journey to Aberdeen for treatment.
“We place a great emphasis on the comfort of our clients and anything that can make their time away from home that little easier is always greatly welcomed.”
SeaEnergy’s Claire Fleming, said: “Clan is very local to our Rosemount offices where our R2S photographers are based. Like many others in the city, I was aware of the work Clan did but regularly drove past Clan House without a real understanding of what went on inside.
“All of us involved with the project have taken away a lot more than a greater understanding of Clan as a charity; it has been a real privilege to be involved.” |
Wow!
We are now worth nearly £3 million . |
OK this is getting weird now
Anyone got an inkling what is going on? |
R2S....to get nabbed?
or MMs killing us again tomorrow? |
Or Mr Mahon! |
"Louise" averaging down? |
Don't try to teach your Grandma to suck eggs, bones698! I just wondered why someone had bought £10k of SEA this morning? It was a rhetorical question. I didn't intend for someone to answer it! |
Suckers rally to mop up some shares it will be back down again in a week or so just like last time , thought you would know this by now . |
Somebody bought 250k @ 4p just after 8am. Why, I wonder? |
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