Serica Energy Share Discussion Threads

[kibes] 01/11/2024 12:38

Anyone know what the capital allowances situation is? Reeves said 19% would be withdrawn but 100% is still applicable. It is as clear as mud to me. Does this mean new developments are viable or not?

[cestnous] 01/11/2024 11:05

Regilation will change what, how?

[robpuguk] 01/11/2024 11:01

lol gotta love ADVFN demo accounts! :-D

[zicopele] 01/11/2024 10:57

I got that dividend when I boight back in ex div. Current price is too risky.

Changes in regulations should not impact share price that much. NS in trouble and will remain in trouble.

I may buy back in the 120s.

[bountyhunter] 01/11/2024 10:41

Bye, invest that SQZ dividend you mysteriously received two days ago wisely.

[zicopele] 01/11/2024 09:43

Looks like it will drift down again.Too risky to hold. HBR is a better buy.

I am out. 10000 @ 141.5p

[waterloo01] 01/11/2024 07:06

Well they have said future plans will be informed by the budget, so yes I'd like an update on the implications of the budget.

[zicopele] 01/11/2024 07:00

What do you want them to say? That there was a budget?

[waterloo01] 31/10/2024 18:12

RNS tomorrow re budget implications or too soon?

[farmscan] 30/10/2024 19:59

I can wait.

[cwa1] 30/10/2024 19:47

You're lucky, the rest of us will need to wait until dividend pay day on 21/11

[zicopele] 30/10/2024 19:08

I got my dividend this morning, just in time for the aftrrnoon increase.

[petersinthemarket] 30/10/2024 18:42

xDiv 24oct; pay 21nov

[parob] 30/10/2024 15:48

A good sign as this rises into the close. We will soon be at three months highs and that's on top of the meaty dividend we have just received!!

[mickinvest] 30/10/2024 15:44

Details taken from above, would expect it to be Brent SteMis, I wasn't aware the threshold had risen oilretire but a 50% tax rate at $70 oil and 50p a therm is a decent safetynet?

[oilretire] 30/10/2024 15:38

The price thresholds for removal have been in force since it was introduced in 2022.Unlikely to become effective, however it does provide protection for any unforeseen sustained price collapse.

[waterloo01] 30/10/2024 15:09

Good they can use 100% in 1st yr, puts exploration back on the agenda but guess they won't be able to use up all those Tailwind losses, if I understand it correctly (?)

[stemis] 30/10/2024 15:05

Which oil price is this based on; Brent?

[mickinvest] 30/10/2024 14:17

Price type-------------- Financial year 2023-24------------- Financial year 2024-25
Oil threshold price ---------$71.40 per barrel---------------- $74.21 per barrel
Gas threshold price -----------54 pence per therm --------------57 pence per therm

I didn't realise that the energy profits levy now 38% would end if prices stay at or below the above for 6 months.

[dcarn] 30/10/2024 14:01

And tax on dividends, no change unless I missed something.

[nigelpm] 30/10/2024 13:57

Very good news on CGT also. Was expecting much worse

[nigelpm] 30/10/2024 13:56

Unsure why serica has moved so much versus other NS operators though. Should help them all

[zicopele] 30/10/2024 13:55

So beautiful. And we should have known. Anything except this woild have resulted in a massive tax fall for HMRC.

Thia is Treasury intervention overruling Mad Ed.