Serica Energy Share Discussion Threads

[adef1] 07/11/2024 10:30

Does anyone know if the p/e ratio is profit AFTER tax (dividend by market cap) and is that also AFTER windfall tax ?

[hunter154] 07/11/2024 10:05

Serica’s effective price is so low after tax that it affects their bottom line less.

[fandagle] 07/11/2024 08:50

If Trump does Drill... Drill... Drill... and the oilprice does fall to around £50, the marginal fields in the UK will cease to exist, only the strong will survive and prosper.

[zicopele] 06/11/2024 15:19

Hanging aroumd....if it gets to aay 120p I mihht nibble back in.

[farmscan] 06/11/2024 13:16

I thought you'd sold up and moved onto Harbour zico.

[mickinvest] 06/11/2024 12:25

SQZ are 60% gas and think 25% oil hedged at a lower price in $60's.

It does look weak along with other NS producers and thought they might have got a boost with capital allowance being kept but not happening.

[zicopele] 06/11/2024 12:22

117p again. Looking very grim for oil.

[mickinvest] 05/11/2024 19:43

Had a run over SQZ results and what's the opinion that there is a 12-24 month delay on going from top profits to paying a high tax bill in the same year you had little capex and then moving onto high capex of $240m and a year of lower profits?

Shouldn't next year see a huge tax advantage compared to this year and a huge boost to FCF compared to this year albeit at around $90m for 1st half isn't too bad.

[bountyhunter] 05/11/2024 19:24

So why is oil up today?

[zicopele] 04/11/2024 14:38

Harris to win. Bad for oil. The polls are turning.

[fandagle] 03/11/2024 14:59

Can’t believe the price here, didn’t think I would ever get this opportunity to invest here at these prices. The screw will turn when they realise Muppetband is a total Buffoon and they reverse the WFT, by that time SQZ will own half of the N/S

[pepepepe73] 01/11/2024 18:05

This stock is getting more and more interesting.
Huge dividend and undervalued, so time is in our favor.

[bountyhunter] 01/11/2024 15:00

Your the only saddo here 97p! I'm guessing you got your divi early as well.

[zicopele] 01/11/2024 13:57

Keep patting yourselves on the back boys. This baby is heading down.

[hangthedj] 01/11/2024 13:42

Yes and how dare you suggest that telling us in the evening that he bought back in the morning to benefit from the share price increase that day is in any way phoney.

[bondofbond] 01/11/2024 13:37

zicopele is a legend. He receives dividends before the pay date, and lottery numbers before the draw date. And still has time to dabble around with a few £k here and there. Absolute legend.

[97peter] 01/11/2024 13:21

Don’t be a saddo Bounty!!!

[zicopele] 01/11/2024 12:46

All the big boys are getting out. Tax policy will be done on a whim and oil looks to Labour like a cow to be milked.

I am buying HBR instead for international exposure.

[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.