Serica Energy Share Discussion Threads

[nemesis6] 27/6/2024 14:06

Just hoping it will go back up it's in my sipp you see

[spawny100] 27/6/2024 13:56

I don't know why people buy in the day before exdiv. The pre exdiv rise (if any) will have already happened and share will usually drop at least div amount the following day. Doesn't make sense to me.

[cat33] 27/6/2024 13:55

Interesting write up by Jimhttps://oilman.beehiiv.com/p/oilman-jims-letter-june-27-2024Worth reading

[swanvesta] 27/6/2024 13:22

Why do so many people apparently hang on for a 14p dividend, and then willingly sell for a 20p discount?

[farrugia] 27/6/2024 12:28

its all about populism and taxes

look at the electric revolution. USA and EU is slapping Chinese electric car producers with hefty taxes to protect their industries. So much for helping the environment.

The UK is short-sighted and will come to haunt them.

[brucie5] 27/6/2024 11:49

What's consensus here on dividend being sustained? All things being equal the chart points the share price back down to £1 support, not far off where it was in 2020 sut down.

[officerdigby] 27/6/2024 10:11

"Pity the politicians don't comprehend."They do comprehend. It politics. It suits to keep the narrative of fat cat O&G.Shell earns that, BP profit was this. They making money out your misery. We'll hit them hard... And remove emissions Reality. The 'fat cat's OG left UK years ago.And produce in jurisdictions with less regulation.And more CO2 transporting etc.Russia and US et al. Just laugh at the EU/UK politics on this. Even Norway get it.

[slicethepie] 27/6/2024 09:56

Ed rubberband still thinks the world is flat !

[squibno1] 27/6/2024 09:35

Chairman comment -
"As was stated in the Supreme Court decision, emissions respect no borders. The oil and gas we do not produce, we still import and consume. Global emissions will be no less because the oil or gas is not produced in the UK."

Pity the politicians don't comprehend.

[plasybryn] 27/6/2024 09:25

Great statement by the Chairman. Hope it is well read and circulated.

[yasx] 27/6/2024 09:15

Perhaps the Board should have considered the risk before agreeing the acquisition rather than complaining after the event. The stance of both pokitical parties has been pretty clear to everyone for the past few years.

Fortunately SQZ can still acquire their way out of this mess but it has been a costly mistake

[slicethepie] 27/6/2024 08:26

Ed rubberband views are terrifying, we will be a green island with no money surrounded by a world coping with climate change

[arlington chetwynd talbott] 27/6/2024 08:25

A 19p dividend? There seems to be 5p of disappointment in there.

[sawney] 27/6/2024 08:18

The chairman's statement pretty much sums up the Labour Loony Energy Plan...
The effect on the NS will be catastrophic...
Prediction...Shell to announce they're off to the Nasdaq by the end of the year...and BP are sure to follow....

[arlington chetwynd talbott] 27/6/2024 08:09

So much for the Auctus note.

[wallywoo] 27/6/2024 07:55

Big day today. Xd (14p), and the trading update. Where will it finish!!

[waterloo01] 27/6/2024 07:34

That's a lot of maintenance work and downtime. Thankfully they maintain guidance. Getting all the spend out the way for a stonking 2025?

[creditcrunchies] 27/6/2024 07:32

They can lobby as much as they like the politicians just look for votes now they're obsessed with net zero. SQZ needs to change their strategy by being the supplier to UK's massive imports of energy by operating outside to avoid tax.

[officerdigby] 27/6/2024 07:28

Well said.. but no one in Politics cares!As the voters are spectacularly uneducated in this.Even clever people who must know the score prefer the tropes! Bad oil and gas stealing our tax monies.. etc etc.

[hunter154] 27/6/2024 07:23

It was. Sadly Red Ed will not pay any notice to it and remove capex allowances.
Our CEO should write an open letter in a main newspaper to get notice.
Starmer is weak and would probably flip if under pressure.

[slicethepie] 27/6/2024 07:10

Excellent piece by the chairman on uk o&g and how stupid our politicians are .

[petomi] 26/6/2024 15:06

The Auctus note is now available freely on the Serica website
hxxps://www.serica-energy.com/analyst-research-coverage
hxxs://www.serica-energy.com/downloads/research/SQZ-IC-26.06.24.pdf

They have a target of £2.90, after the last year or so I expect most of us LTHs would be glad to sell at 200+ having banked some dividands and gains on the way, and would leap at 250+

GLA

[sawney] 26/6/2024 13:13

Eddy baby will soon put a stop to that...:-(