Serica Energy Share Discussion Threads

[nicnic1953] 10/10/2018 03:43

Go to bed !th save your time for bg

[dunderheed] 10/10/2018 03:00

Spangle93 that is for clarification matey 're bobobob etc.
Bh still awake matey!

[spangle93] 10/10/2018 00:40

@pineapple - Good to have someone at the coal face with their finger on the pulse LOL, loved the metaphors.

@CFC, DH. Yes bobobob5 was Mr EEN, and also did AST - who can forget the "oil all over the drillers boots" at Agnani. I think he went off on a tangent with a device that could sniff oil from a satellite. Anyway, according to LinkedIn he's doing something with executive placement and coaching, and playing in a rock band.

Not sure what happened to bobobob's 1-4

[stansmith3] 09/10/2018 23:59

just waiting on you mentioning pipeline blockages....

[stansmith3] 09/10/2018 23:56

lmfaoexactly, people have been here for yearsthe situation has been talked upside downyet you just 'pop' in on the second biggest news day and think you can set everyone straight..? are you that arrogant?as predicted your negativity despite having no position continues and further posts "to help everyone out" have outed youfurther posts will cement that further, but do keep protesting your innocence, it is entertaining

[blueclyde] 09/10/2018 23:38

Lol confirm a negative agenda?? All I am seeing here is a bunch of people in love with a share and not willing to talk facts.My argument is based strictly on facts. As such what are the stated reserves here? When you find the answer it is fairly valued

[stansmith3] 09/10/2018 23:32

blueclydethis has been the story since 5pat 22p the board promised this dealit was delivered and like a lot of things put up in the air due to trumpfuture cash flows allow a case to be made for north of 250pfuture negative posts from you will confirm an agenda many already suspect

[blueclyde] 09/10/2018 23:28

Yep did my research all those points are exploration dependant.The only reason I took an interest is because I saw chaps on the LSE board coming out with 500p targets with some super calculations.Calculations seemed to work well then you refer back to the reserves and they have enough reserves to cover a years worth of production.Anyways all the best but at this price I feel it's fair valued. Just IMO.

[robo175] 09/10/2018 23:23

blueclyde it's not just about current reserves, you obviously not done your research,

Add

- Rhum R3 well - Improved Production
- Lomond to Everest export line bypass - improve Erskine production performance and sales revenues
- Rowallan exploration well - fully carried on all Rowallan well costs - independently assessed to contain unrisked P50 prospectiveresources of 19.7 million boe net to Serica
- Columbus Development
- Exploration Licence in Namibia
- Ongoing farm-out efforts in Ireland
- Assessment of 30th Round awards (South Rowallan, West of Columbus, Skerryvore)

[blueclyde] 09/10/2018 22:38

I am not saying short it or anything just saying for anyone that's not already invested the price looks fair considering the reserves on hand ect. If you are already invested then you clearly have done well here and fair play but with a market cap of 250 million and limited reserves it looks fairly priced imo

[bountyhunter] 09/10/2018 22:12

Didn't the train leave the station today though ;) but I guess it may roll back a little if there is any issue with Erskine which may present a top up opportunity.

I really should cash in a few losers to top up here but psychologically find that hard to do as the losers always seem to be holding out the promise of a pot of gold at the end of the rainbow untill it's too late.

[captainfatcat] 09/10/2018 21:45

I hope SQZ attracts some shorters as otherwise the supply of cheap shares is going to dry up pretty quick and I for one want to grab a few more before the train permanently leaves the station.

Fingers crossed for a little shake tomorrow morning so we can load up some more.

The big players will be hovering those shorts up like crazy imho.

[general george] 09/10/2018 21:30

Short it lol.

Rhum still has plenty in the tank sir......

[bountyhunter] 09/10/2018 21:28

Yeah and nothing to so with the Iranian connection of course which BP are going to be so sad to lose especially as they love to antagonize their US hosts when following up on their shale projects over there building on their deep water horizon legacy.

[dunderheed] 09/10/2018 21:25

Blueclyde interesting opinion buddy.
You're probably right, may I suggest you open a short.
You could be quids in for 'spotting' that issue.

[blueclyde] 09/10/2018 21:14

Just had a look in. Unpopular opinion I guess but they appear to have acquired a lot of old assets which are approaching the end of their life if they are the cash flow cow that people seem to think then they would not be getting sold in the first place. Looks like BP / Total getting rid of some aging assets to get rid of the clean up liabilities ect. Still struggling to find a decent small cap to play the oil price move. A great day for you holders though.

[nicnic1953] 09/10/2018 20:52

I don't quite understand your sacarcasim fb I'm pointing out my mistakes in dealing gains and losses ! But at 10 11 p in 2016 I'm carry ha

Not sure I understand your post ? Fb but I'm sitting here ok at 10 -11p purchased 2016 lets jog on ,

[fardels bear] 09/10/2018 20:15

Why not come and talk to us on the main thread rather than the Georgian man of steel?

[nicnic1953] 09/10/2018 19:49

By the way I have suffered losses on "eggs in one basket Attidued " particularly pan andeàn resources in 1996 !it folded ! Àlso baobab resources which was a buy back at a loss that's 3 years ago so hopefully can use to ofset this years cgt

The blinder for me was edinbough oil and gas !that paid for my life brought in 94 at 21p sold at 325p .?but it went further still ........and so will this ?...

[bountyhunter] 09/10/2018 19:47

Bit early FB, by my calculations DH will be up 'til 4! I'll probably not turn in too early myself following all today's excitemen, especially as I often wake up at 5 myself if I turn in around midnight! If bad news on Erskine will they try to bury it tomorrow, after all can't complain after today's RNS can we?!

[blueball] 09/10/2018 19:44

115p tomorrow joe.

[fardels bear] 09/10/2018 19:42

Nighty night, Dh, sleep well..

[dunderheed] 09/10/2018 19:03

I had a great nights sleep last night - all 4 or 5 hours of it - because that's all I ever get however it's interesting how different people think.
I was thinking/dreaming great, Erskines down, if I'm really lucky I'll be able to snaffle some more next Monday at 60p !! But was 'realistically' expecting to pay around 70p by Thursday?

Woke up late this morning and end up paying 103p lol!!

[nicnic1953] 09/10/2018 19:01

I did say day before "All my eggs in one basket " ..before today's news I'm a strong believer in Warren buffets attitude! Buy well and then hang on for the ride ! Been here since 2016 at 10 -11 p and I'm here until 2021 !