Serica Energy Share Discussion Threads

[blueball] 21/9/2018 12:04

Buy the dips.

[bountyhunter] 21/9/2018 12:04

sawney, as I said the first trade after suspension was at 40p, as in the screenshot posted at the time by steel

[dcarn] 21/9/2018 11:59

95p on the bid.

Thats been a long wait, my first SQZ purchase was 95p on 19-06-08, full £7200 ISA allowance.

Fortunately have averaged down many times over the years.

[sawney] 21/9/2018 11:39

...so actually started trading at around +50% ish...??

...thanks bootie...

[bountyhunter] 21/9/2018 11:25

the first trade at open after suspension was at just 40p - I won my own competition but unfortunately no prize!

see posts 4406/7

[sawney] 21/9/2018 11:24

Trying to get a pic of the sqz chart for the day they restarted trading after the BKR deal announced on 30th?? Nov 2017.I can't get any interactive charts to work for me. If I recall, at 8am? it initially jumped from 27 to 44 ish??? then rose to 60 something....is that right ?

[bountyhunter] 21/9/2018 11:21

e.g. set up the following as a shortcut:

[bountyhunter] 21/9/2018 11:19

I just have a couple of shortcuts to the desktop URLs on my phone's home screen - one to bulletin boards and the other to portfolio - this works very well for me. Tried the app once and quickly abandoned it!

[fardels bear] 21/9/2018 11:08

The Android app is better than the IOS app in my experience.

[captainfatcat] 21/9/2018 10:45

Interesting indeed shares suspended pending comorent well news.

Trying to keep the excitement in check but potentially we have a lot of ducks in row lining up.

Ps using a phone to connect with the BB is pants

[dunderheed] 21/9/2018 10:26

Yes I've got to admit Namibia is purely a nice to have and an irrelevance from my pov!
I've got some stories about that, when I was up coast a bit in Angola - bloody (too)many many yeers ago now lol.
Let's just say they really couldn't even give the blocks away!
That is not to say there are not amazing jewels there - just got to be found and in the Serica blocks first!
All imho of course.
Share price looking great btw - it just keeps on giving!!

[sawney] 21/9/2018 10:16

Mmmm...riding on the back of Cormorant 1....GBP has been a serial non achiever for years, so could just be a pump and dump....still, if PCL do find something, it could make it interesting for everyone in Namibia.......:-)))

[dunderheed] 21/9/2018 10:08

Yes PanC shares were suspended yesterday I think?

[winston8643] 21/9/2018 10:04

Namibia stirs ,take a look at GBP .

[dunderheed] 21/9/2018 10:00

Ah ok thanks GG - a much more sophisticated investor then me then - I just keep to simple shares (this is challenging enough) lol!!

[general george] 21/9/2018 07:51

There is no debt in igas, there was a huge d4e.

I bought the distressed bonds and made some good cash.

[fardels bear] 20/9/2018 23:02

I don't believe the CBM blew many skirts up. UCG! There was another big idea.

[dunderheed] 20/9/2018 22:56

Well without going to see the corporate history which as u know me well FB I'm far too lazy for that so I'm just going to assume there was placing to pay down the debt?
As I say I was first attracted to them because of the CBM which I think came to nothing in the end lol.
Anyway share price has been brilliant lately here, so big mistake from me not buying earlier. C'est la vie.

[fardels bear] 20/9/2018 22:50

I believe there is no debt at all at IGAS these days, Dh.

[fardels bear] 20/9/2018 22:36

Hopefully. Rising debt and a falling oil price is not a good recipe for success.

[dunderheed] 20/9/2018 21:54

Oh right no I was aware that was formerly CEO.
I think he actually set up the original company with Brent Cheshire (and was CBM strategy back then which what originally interested me) but maybe it got into debt problems with the acquisition from Nexen onshore was it?
Either way no probs too much debt, so hopefully lesson learned for RRE?

[fardels bear] 20/9/2018 21:51

IGAS is positioned to do very well but if conventional drills can't get planning for the NIMBYS then what chance for Ince Marshes and the Gainsborough Deep fracking potential?

[fardels bear] 20/9/2018 21:41

He was CEO at IGAS before the debt nearly finished them off.

[dunderheed] 20/9/2018 20:22

GG what do you mean he did a number on IGAS?
I haven't looked at that for ages so interested in your view.