 "SeaEnergy won the Oil and Gas UK Award for Business Innovation in November 2015."
"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 17(th) March."
That word 'innovation' keeps popping up!
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Todays News
A £250m funding package to help northeast Scotland's economy is to be announced today.
It comes as the region continues to suffer from the longest oil price decline in 20 years.
The UK City Deal for Aberdeen includes plans for innovation in the North Sea oil and gas industry and sets out ways the local economy can be diversified.
Both the UK and Scottish Government will put in equal funding for the package.
Prime Minister David Cameron will visit Aberdeen today to meet local oil and gas workers and industry bosses for talks on the current situation.
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Now it would be nice for Mr. Cameron to visit Seaenergy Offices today. The first minister will show him around, she already knows the layout. |
whoever can vote me down all you like but for anyone who has watched the thread and my comments knows im one of the very select few who have called this and others right. Even the markets i said were set to crash are on their way to where i expected. sea simply is of no interest as an investment anymore its simply a tool to pay managers wages, nothing more. if your looking for some excitement there are plenty of bombed out shares that could make it big but sea isnt one of them . |
not much interest in making money or being prudent with cash either . anyone suckered in by the silly rise on news like that with no numbers attached deserves to lose 50% in a few days . sea is skint , poor business model and in the wrong market . debts racking up and dilution will come at a low price at some point soon . simply not even worth a gamble anymore very sad |
Ht2 - As far as I am aware, SEA no longer have any interest in the Beatrice Windfarm! |
Not sure if this is relevant any more...but a big decision on the way next month.. |
All small trades so far today (nothing over a £1k), many very small. Those who bought at over 6p early this morning must be rueing their decision. They could buy a lot cheaper now, but I wouldn't recommend it, bwtfdik? |
Morning chaps
Just popped in to wish you all well especially those who held.
Dunno where this will go but pleased to see the possibility of some long term return here.
Just be careful of the spread ;) |
Looks like bones has just dipped his toe in buying 2 shares @ 5.65p at 11.18 this morning. |
I think those buying at over 6p this morning could soon regret their decision, Stockriser. No one has got the foggiest idea of how much revenue and potential profit (if any) this latest deal could generate. Also what's the size of the potential market? Until the collapse in the PoO, SEA saw their best chance of growth with their products in the offshore oil industry.
SEA must be very low on cash and, according to recent a/c's are racking up debt. Is this latest deal bringing in cash upfront? No mention of that in the RNS. Also no mention of likely revenue to be generated by this contract.
I wouldn't be tempted to buy SEA shares at the current price and I've an idea that FAST wouldn't touch SEA with a bargepole, bwtfdik? |
Pap, maybe FAST should pile in here ....lol
That's not meant to be sarcasm BTW
GL SR |
Stockriser... Thanks. |
That's some rise after yesterdays RNS!! Perceived good news and a bombed out share with a low Mkt Cap and not many shares in issue can almost double in the blink of an eye as the optimists pile in!! Which way for the share price from here? Up towards the 200 day EMA or will the rise soon fizzle out? I think the latter, bwtfdik?
I wouldn't be buying now, bwtfdik? But good luck to those who are! |
Not billions like most other AIM Co's - hence when this gets going its fast and furious ;-)
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Share Capital
Updated 4 December 2015
Total ordinary 10p shares in issue 56,364,823
Directors and Significant Shareholders Stephen Remp (former director) 4,203,272 7.46%
L C Capital Master Fund 4,018,836 7.13%
Steven Bertram (director) 2,230,133* 3.96%
Louise Warner 2,005,000 3.55%
Kieran Mahon 1,774,663 3.15%
John Aldersey-Williams (director) 1,769,596* 3.14%
Christopher Moar (former director) 420,932* 0.75%
David Laing (director) 80,000 0.14%
David Sigsworth (director) 60,000 0.10%
Shares not in public hands 10,432,400
SAYE share options in issue 196,376
In addition there are 5,000,000 warrants in issue with an exercise price of 10p per share expiring 24/11/2020.
LC Capital Master Fund 2,500,000 4.4%
Davies Newman Property Ltd 2,500,000 4.4%
The Company holds no shares as treasury shares. |
How many shares in issue? |
I originally came in at 28P many moons ago.....it could go back...eventually |
nice to see some positive news and now 2 days of raises |
I'd agree with you Stockriser, Security is a buzz topic at the moment and given the forensic aspect, SEA could begin to build out into this area. I don't believe that Forensics will ever be more than a low margin regular revenue stream however security could generate significant growth. It would require a partner to enable this and capital to invest into their software.
Security spans a wide range of issues from short term measures such as conferences (Davos) to permanent installations (airports, container terminals, processing plants etc). By linking the core attributes of their existing solution to key security requirements, you would have a powerful offering. Imagine being able to track personnel around a photo realistic map? Or virtually positioning fences, security gates and personnel to ensure the best protection before spending the money? Many of the security needs would also be backward compatible into the HSE world of the O&G sector where they have clients already.
But SEA need to advance quickly as technology is developing. Without investing they are running the risk of being superseded. The question is where will the money come from to invest? |
Like I said the recently - "SECURITY" is the buzz word!! |
Interesting RNS. I wonder what the expected turnover and profit margin (if any) is on this kind of deal and will it lead to similar deals? I still think a placing is on the cards here because cash must be running out in the short term. Debt must also be increasing. Will todays RNS push up the share price to enable a placing (if there is one) to be got away? I wish I knew!!
I have no idea where the share price is going in the short term. The 200 day EMA is currently around 9.5p. The last time the SEA share price met the 200 day EMA as resistance was back in early March when the share price was circa 29p. Will todays rise fizzle out, or will it continue up to the 200 day EMA as resistance? Oh to have a crystal ball!!!! LOL. |
Is this the turn-a -round?.. Jack Jebb.. I was the one that complained to Remp that having now moved into the Wind turbine game, they should move out of the OIL and Gas sector and move to Electricity.....which he duly obliged...All it takes is one Email. I agree with you that they are now, yet again, in the wrong sector. Good Luck all. |
COMS - Strong finish, looks like a good bounce north from here.
DYOR etc. |
Get ready for an RNS from JAW stating that although he expected the share price to rise a little on the latest news, he knows of no reason why it should have risen so much. |
LOL!
I better not say anything, as I am a prize muppet number one who is to be ignored at all costs. |
WAKEY, WAKEY you lot, it's not every day that SEA is up 46% LOL.
PLUS - TOP of the leader board FFS!!! |
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