Serica Energy Share Discussion Threads

[walter walcarpets] 13/5/2018 20:24

Cheers Pineapple. Massive over-reaction here. Good buying opp.

[pineapple1] 13/5/2018 20:12

Remain bullish on SQZ

[captainfatcat] 13/5/2018 09:54

That's a lot of dosh

[bountyhunter] 13/5/2018 09:21

This is interesting although a bit of an aside,
...remember the Forties pipeline issue and the company behind it - Ineos - well they must make some money!!

[dr pinkstone] 12/5/2018 19:36

Spot on Gersemi

[nicnic1953] 12/5/2018 18:39

I'm with you cfc

[nicnic1953] 12/5/2018 18:39

I'm with you cfc

[fanshaw] 12/5/2018 13:59

CFC

I think the points Gersimi detailed are relevant to the overhall situation

I cannot believe it is as simple as you see it, I would not trust any politician

as far as I could throw them.They speak with forked tongues.

[captainfatcat] 12/5/2018 13:17

"gersemi 12 May '18 - 10:41 - 7304 of 7305"


YAWN and very wrong.

They are baulking at Trump not honouring an internationally brokered deal for the second time. A deal which the signatory countries have used as a frame work to build significant international commerce around.

The rest is irrelevant

[dunderheed] 12/5/2018 11:13

Agree re knowing when to sell is way way the hardest thing to do but my point earlier was that once done that WAS the right decision.
ie there is no point looking back and wasting energy questioning was it the right thing to do because obviously it was or you wouldn't have done it!

Even if you lost money doing that and then the share price went up - move on to the next deal (which could be re purchasing same stock but with better experience of 'new' risk profile).
You don't know - had you kept those losing shares overnight (waiting for it to go up) - you could have had a heart attack over night stressing over it!

If you need to understand this better go over to nuog thread where a very inexperienced trader (who readily admits this) lost a small fortune a year or so ago (nothing like what I've lost b4 though lol) and simply has not moved on - he writes 30 or 40 posts a day minimum and claims he's got over it - but it don't look that way to me and I reflect on how this impacts his life on a daily basis?
It is amazing how quickly this money stuff really can take over your life and actually make you lose the meaning of what life is!
I say this from having lost a dear friend completely out of the blue recently aged 47 from a heart attack. He (and I, I hasten to add, lived life in the fast lane so to speak) but boy that was a complete surprise / shock and really makes one reflect on what is truly important in life.

As a PS, congratulations FB, I will not say how much I have made on this particular share because I am still heavily levered here - but suffice to say genuinely I have made and lost hundreds of thousands on certain shares and over 20+ years would probably say I haven't made much more money than you on this one share in total, however have offset this against property gains of course!!
Now there's a f'ed up addictive personality for you, in EVERY single aspect of my life and the only way I handle this is not too care too much (or I will be dead from a heart attack), lol!!
Best of luck all and apologies for the sermon!

[gersemi] 12/5/2018 10:41

If you believe the EU stance vis a vis Iran is driven by moral outrage you are naive and delusional. The EU (Germany) is a political entity whose only concern is the expansion of its own political powers and the promotion of its agenda

The EU knows full well that any increase in the POO would have a detrimental effect on the ability of the Eurozone to maintain its growth going forward. That undermines the EU's fundamental aim of total integration. If growth falters the whole charade comes crashing down

Syrian immigration into Germany (the sun around which all other Eurozone economies revolve) was designed to provide an influx of cheap labour to replace ageing German workers on the verge of retirement

Germany's (EU) hypocrisy is there for all to see. They pander to Putin (an autocrat, a murderer and supporter of totalitarian regimes across the world) to get cheap gas from Russia (40% of all German gas imports come from Russia) but baulk at Trump to trying to prevent Iran from financing the export of terror across the ME. The more oil Iran can produce and export the greater their capacity for war and terror

Anti-Trump political sentiment from the usual liberal left idiots in the UK and the EU is tiresome and represent appalling and shameless double standards

The sooner Trump destroys the liberal left construct and its narrative the better

[captainfatcat] 12/5/2018 09:09

Plenty of press on the wire about European leaders outrage at Trumps move, meetings scheduled to save the nuclear deal and also together taking measures to protect their countries interests from being effected by the US sanctions.

Could be a pivotal moment in European US relations who would have thought a couple of weeks ago it was USA & Europe standing together condemning Russia over the nerve gas incident and now its flipped with China Russia UK and Europe all condemning the USA's actions.

[bountyhunter] 12/5/2018 07:49

FB - I only have a small investment in IOG as although I believe they have considerable potential there is also high risk of dilution as they progress towards planned gas production; my policy nowadays is to spread my investments widely across several sectors with some of the larger dividend payers in the ftse100 as well as diverse small investments in some higher risk companies such as IOG, HUR, SDX, OXB, (and to illustrate what can and does go wrong sometimes VER) to improve my chances that some come good like OXB, BQE, SQZ, but some get wiped out also occasionally like VER!). I find the hardest thing is knowing when to sell, now I try to do that when I see a sign of increased risk before reflected in the share price but that does involve monitoring a lot of shares very closely! On that basis I sold out of SOU at 83 when drill results became more lacklustre and here at 76 after reading the smallprint re the US licence condition although I would like to get back in with a proportion of my original holding if I can time it right and the price reflects the increased risk.
Good luck wherever you invest! bh

[rogerlin] 12/5/2018 07:43

Havila Venus has turned back, but Westshore now list Skandi Iceman and Normand Ranger to remove the Dolphin, looks like that may happen soon.

[fardels bear] 11/5/2018 23:56

Mind you, that's a binary play, too.

[fardels bear] 11/5/2018 23:54

Think I'm going to bung a nice wedge on IOG, BH.

[bountyhunter] 11/5/2018 23:24

DH - Good question which I am also pondering.
What concerns me is the smallprint condition of the deal of a licence from US authorities in the current climate. May not be essential for operations but was stated as a condition for the deal:

"Between the date of signing the Acquisition Agreement and Completion, Serica UK will,
whilst US sanctions remain in force, seek to obtain a licence from OFAC. The Acquisition
Agreement is conditional upon such a licence being granted to Serica UK by OFAC."

FB - well done, that is a very decent profit.

[fardels bear] 11/5/2018 23:20

Think I made fifty grand, DH..

[dunderheed] 11/5/2018 23:12

Absolutely caters.
I think investors now will be a lot more wary about possible risks hence more volatility whilst the bloody institutions buy up during these times.
FB at the end of the day a (big) profit is a (big) profit and you did the right thing at that time matey.
Now is buying back the right thing to do, that is the next question?

[caters] 11/5/2018 22:57

It's too early to call the bottom on this issue imho.

[fardels bear] 11/5/2018 22:50

Shame it's raining though. I bet the Hardy's washing line is full of pants.

[fardels bear] 11/5/2018 22:48

Sitting pondering this. I suppose what spooked me is that it suddenly changed from a "safe as houses" stock into a binary play.Anybody remember VST?

[dunderheed] 11/5/2018 22:47

Agree Spandy for major spill. But think osrl (basically owned by all the oil companies already) came about post macondo and is in theory for big spills. I'd do deviation well personally and not pay for osrl but wtfdik I'm just a finance man lol!
The other spill response and fire response services do not have to be usa.
Imho.