Serica Energy Share Discussion Threads

[bountyhunter] 08/7/2024 10:18

Yes quite a vote of confidence..

PDMR Dealings



London, 8, July 2024 - Serica Energy plc (AIM: SQZ), confirms that Christopher Cox, Chief Executive Officer, purchased 306,597 ordinary shares at an average price of £1.390797819 per share in the Company.



Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Cox is interested in 432,027 ordinary shares in the capital of the Company, representing 0.11065% which is calculated on the total number of ordinary shares carrying voting rights of 390,457,635.

[scepticalinvestor] 08/7/2024 09:30

This is on my watchlist - not surprising where the share price is with the mountaon of debt and potential new NS drilling regs.Is there any bull case for this? PDMRs dont always precipitate a good outcome

[return_of_the_apeman] 08/7/2024 07:34

Bountyhunter,

Any reason why you excluded AET from your list?

[imjustdandy] 08/7/2024 06:52

Think 1.40 is the bottom. Back to 2 quid we go.

[farmscan] 08/7/2024 06:25

Well that shows confidence, after just one week in the job!

[imjustdandy] 08/7/2024 06:22

He's spent £600,000 in past 5 days

[mirabeau] 08/7/2024 06:14

That's a Director buy and a half

£430k+

[sawney] 08/7/2024 06:14

Filling his boots...

[97peter] 07/7/2024 15:50

Serica should bid and buy Touchstone this week!!!!

[mickinvest] 07/7/2024 10:41

The next Touchstone update will be interesting, taken over Trinity and looks to be in a position of having a few decent assets in Trinidad and Tobago and share price seems down on its knees like everything else. Something along they lines could transform Serica with the financial muscle to develop the assets?

[bountyhunter] 07/7/2024 10:37

Only a few of the above have performed well, e.g. AXL, PTAL, WEN, ZPHR.

[bountyhunter] 07/7/2024 10:34

AXL is a bit of a rarity with very few other winners around in the O&G sector over the last couple of years.
(AXL is towards the end)..

[97peter] 06/7/2024 19:10

Or maybe Arriw exploration as bounty hunter says you might as well pick a winner!

[bountyhunter] 06/7/2024 14:54

Accepting the KIST paper offer would only have helped KIST shareholders.

[97peter] 06/7/2024 13:53

Fandagie- SQZ is now in a better position to acquire maybe 2 out of these 4 companies, or buy one and merge with another one?
From - Enquest / Harbour / Ithaca / Harbour.
Me personally I would acquire Enquest at 25p a share bid, they also have 15% cash assets. Then merge with or buyout Harbour??

[fandagle] 05/7/2024 09:19

And to think the BOD & shareholders rejected the KISTOS offer of over £4 a share recently, regrets, I suppose we all have those, greed is terrible thing.

[sawney] 05/7/2024 09:19

Candle factories...?....don't be surprised if...in the near future...Ed announces that regular blackouts are necessary to achieve nut zero....

[melton john] 05/7/2024 08:49

There isn't any problem with liquidity that a move to main market would improve. If you look at the trades you will see two types: O, ordinary investors and AT, other market participants. These others can be imvestment companies, hedge funds, spread betting companies and anybody else with direct market access placing orders on the book. This isn't quote driven where your only option is via a market maker. What's driving the price is pure sentiment, more sellers than buyers. Politics is driving the sentiment we'll all be travelling in electric buses powered by windmills to our poorly heated by heatpump homes. Lots of jobs changing everything to net zero installing the necessary made in Denmark or somewhere else harware. No more industry here.

[imjustdandy] 05/7/2024 06:54

1.38 is way too low for the assets this co holds. 2 pounds fair value

[dodgy_jammer] 04/7/2024 17:51

A lot more of people won't touch AIM stocks. Also a lot of institutional investors.Given the appallingly low market cap of this company compared to its earnings and other fundamentals, I think a move to the main market would see an instant and dramatic increase in share price.

[ct8637] 04/7/2024 12:04

Looks to be election jitters today. I'm assuming a Labour victory is baked in but with AIM you can never tell the reaction on the day. Sooner serica push for a main market listing the better, I've no doubt the share price will jump purely on that alone as some people just won't touch AIM stocks.

[imjustdandy] 04/7/2024 07:07

Huge Director buy yesterday. Think 1.38 is the bottom here

[bountyhunter] 03/7/2024 20:56

Arrow Exploration would be a decent acquisition, may as well pick a winner.