WAKEY, WAKEY you lot, it's not every day that SEA is up 46% LOL.
PLUS - TOP of the leader board FFS!!! |
A tiny sliver of "good" news for once, and nothing to do with plant/flower pots. |
God help us. Let's call it Sherlock Bones???????
JJ, do us all a favour and philyourboots with concrete
and go for a long swim.
No offence intended to my good friend and fellow sufferer philmiboots............ |
 SEA, which is a name that really should be changed, is currently focusing more and more on forensic. Given the carnage in the oil industry, it makes absolute sense to widen their net and keep the revenues up as much as possible.
The fact that the licences for R2S VAM have been renewed by all of their clients, shows that its still being used by the oil majors, but obviously new contracts in that sector will be hard to come by with their clients cutting costs to the bone.
The technology R2S has is still unique, and using it in other areas is very sensible imo. Forensic and security is not a seasonal business, at the mercy of commodity prices, so if they can build that side up, it will help ease the financial pressure that all oil service companies are under, and put them in a much stronger position for when the upturn happens.
If I was the CEO there, I'd be badgering the home office to capture all Government buildings, for obvious reasons. Similarly, I'd be contacting all places where large crowds meet, like Wembley Stadium, Twickenham, the Royal Albert Hall etc. The potential is pretty limitless for this technology, but the question is whether the incumbent management have the skill, hunger and dedication to utilise it.
We havn't heard any further news on the nuclear job, which is another obvious area for them. Its fair to assume anything related to nuclear is bound by confidentiality, but some form of contact from the board to their long suffering shareholders wouldn't go amiss.
The whole company is currently valued at about £2m. |
another plant pot coming lol , r2s is going to suffer in the last 12 months and coming year , sea are already borrowing cash and no sign of things improving will mean the cash call will cone and at ever lowering shareprice . how long before they admit this or are they going to let things get so bad it could be forced into admin ? with this lot anything is possible except a profit lol |
"Still if you keep it up one day you will no doubt get it right!!" - Yep that's the idea Pap!!! |
12 January 2016
SEAENERGY PLC
SEAENERGY PLC ANNOUNCED AS FINALIST IN THE SPE OFFSHORE ACHIEVEMENT AWARDS
SeaEnergy PLC has been shortlisted as a finalist in "The Innovator" category for this year's SPE Offshore Achievement Awards to be held in Aberdeen on 17th March.
The focus of the Group's nomination is its R2S Visual Asset Management system which provides the oil, gas and marine industries with a tool that increases operational safety and lowers cost by reducing the need to visit the plant or vessel.
The value of R2S in increasing efficiencies, improving collaboration and reducing operational expenditure (OPEX) is recognised by many major Operators. In the current oil price environment, the industry need tools which help them to operate efficiently and safely, and R2S's proven credentials make it a powerful addition to the toolkit.
John Aldersey-Williams, CEO commented that:
"To be shortlisted for this prestigious award demonstrates the continued recognition of R2S and the positive benefits we are delivering to operators during these difficult times. We are delighted to have been shortlisted among such high calibre companies and to reach this stage is great recognition of our innovative and dedicated team."
The innovative value of the R2S system is currently being trialled by another area of critical industry, the nuclear sector, with a pilot project undertaken in support of the decommissioning of Dounreay. SeaEnergy won the Oil and Gas UK Award for Business Innovation in November 2015. |
I sold out of here a month or so ago my mistake was over riding what I know about 25 years in the the oil business with hopes that somehow the management knew better, cost me an 80% loss fortunately only a small part of a diverse portfolio. My parting advice to all holding is that even if oil prices rise to sustainable levels it will be a long time after that oil companies will look at new technology to photograph their rigs. First they will get manned up with maintenance staff then fix all things that need doing so you are looking a long wait to get your money back. There will be a spike up on rising oil prices by those with no knowledge buying in but it will fall back when no new orders emerge, trading opportunity for those that fancy I would say, take my advice take your losses and move on.
Good luck |
Brent at $60 in 2016, who are these idiots? |
Edison 5th Jan 2016 |
Little bit of interest on such a quiet day! |
Not any long term holders, that's for sure.
Happy New Year to you and yours, Reesy. Hope you don't pick any more dogs in 2016. |
30% spread
More like someone's 'aving a larf |
Very rarely Ron. |
Someone up there likes you, Jules. |
Had buys for 25k and 10k rejected. |
Could only buy 5000 shares. |
Same to you Reesy - merry xmas to all |
Aye all the best Jack
Been trying to top up last couple of days. Most I have been able to get a quote for today is 5000 shares (£200)so nothing currently for sale. |
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