All good in the hood then ....... Thanks for that JJ
Eagle is owned 100 per cent by The Company [Seaenergy] and has royalty interests in a number of North Sea blocks. Whilst none of the blocks are currently producing, two have had hydrocarbon discoveries drilled on them. Our UK royalty interest in Block 21/8a, containing the Scolty discovery, still awaits submission of a Field Development Plan. |
Saw that." Scolty/Crathes: The Scolty/Crathes field development plan has been approved and sanctioned. The project benefits from limited cash capital expenditure until first oil in 2017 and extends field life for the GKA field. Including this field life extension, unit capital costs for the project are under $20/bbl. Unit operating cost should be under $15/bbl in the initial peak volume years." |
News about one of our legacy assets from Enquest this morning. |
The future is looking very, very, bleak for SEA. |
Tailender
Posts: 166
Off Topic
Opinion: No Opinion
Price: 3.875
The wisdom of the wise.......Today 17:29"Experts" tell us that you should sell your losers but let your winners run. Bought SEA at 24p, saw it rise to over 40p and held on for greater gains. Next time some one tells you to let the winners run, just say "Sea Energy". Do I sound bitter.................?
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I think the idea is you let your winners run, BUT HAVE A STOP LOSS IN PLACE for when it falls back. |
I see one of Ramos biggest successes on the news tonight , Azerbaijan Oscar oil platform on fire in the very field remp sold for a small fortune to socar .what a fall from those days . Just colas they changed the name although think they should consider that again soon . I can think of a few that would fit this lot lol |
The only people who make any money out of the vast majority of AIM shares, bones, are the promoters, BoD, advisors, brokers and all the over hangers on; oh and of course the pumpers & dumpers who populate these boards!! |
So do I . sitting in Weymouth after great day in swanage and corfe. Off out to a meal in Weymouth s finest Indian :) all thanks to not investing lol |
Rich well at least someone listened :) might sound like im just going on about the negatives but the aim is to stop people investing and losing and has been for some time for me . I've learnt the best way to make money is not invest , certainly for the last 5 years or so anyway. Sea like so many others is destined to fail , greedy inept management like the majority of aim shares .
Always good to here that I've saved someone a few quid just wish more had listened. |
Summit offers decom strategies during ‘dead-money gold rush’
“This year’s Summit will be a crucial opportunity to tap into the best and latest thinking on new technologies and strategies, both for operators and service providers, to make the most of a challenging situation.”
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Did'nt JAW also say something like this "Never waste a good crisis"
R2S to the rescue then !! - Lets hope Jacky Power is doing a good job over in Houston |
Very true, richpassi. |
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!
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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!! |
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