Serica Energy Share Discussion Threads

[obmuj] 15/11/2018 16:33

hmmm. thanks for that but the midprice on ADVFN can often be way out; by way of an xample: 132/134 but mid-price say 134.5. I stress - an example. IE it's outside of the "zone" for want of a better expression.

[smokieuk] 15/11/2018 16:23

I use a different product and I'm seeing nearly all Buys today, which I think is borne out by the price of each trade. Haven't noticed anything odd on mid prices but then I wasn't looking at them.

[obmuj] 15/11/2018 16:16

All BUYS and no sells.
Now I know ADVFN can't be trusted on knowing when a BUY is a SELL and vice versa (over 18 years it only reports about half of my own accurately)but today's transactions do look strange. Only BUYS and the only SELLS are NEX.
Also I notice with this and only another stock or two I hold (i.e. not all of them) have very odd mid prices; sometimes way out of the spread - up or down).
Any ideas on an answer to BOTH points....... anyone?

[smokieuk] 14/11/2018 23:42

A few Buy trades after hours at prices slightly lower than those at close. One was a 200,000 Buy at 134.4. Hopefully a good sign.

[rivaldo] 14/11/2018 23:25

I remember the days a bunch of us often just used to disappear to Balls Brothers for extended and highly liquid lunches. No-one was bothered when we rolled back in. How things have changed - for the worse :o))

This is rather nice to read before bedtime from WH Ireland today:

"Serica Energy is on "an exceptionally positive trajectory," WH Ireland analysts say, noting the company's growth since 2014 has been achieved without an equity fund raising. The brokerage says that following Serica's consolidation of interests at the Bruce, Keith and Rhum fields in the North Sea, it has decided to increase its target price to 169 pence a share, from 155 pence a share previously. Shares up 0.4% at 135.50 pence"

[bountyhunter] 14/11/2018 17:08

that was certainly true on Friday's smoki back in the good ol' days 😉
...not just in London dealing rooms either!

[spandy83] 14/11/2018 16:21

Nice bit of energy into the close. Reckon we've got news comin :)

[smokieuk] 14/11/2018 15:19

I was once mates with a London stockbroker. From the stories he told, and I had no reason to doubt him, three o'clock would be about the time they got back from a liquid lunch at the pub. If they'd had a good morning they wouldn't appear back at the desk at all that day!!

This is going back some years though :-)

[pineapple1] 14/11/2018 15:13

Yeah that was me. No RNS this morning so i,m declaring it a myth. Having said that we must be due Erskine data soon. If it comes 2morrow i'll declare that i am in fact deserved of Guru status......lol

[spandy83] 14/11/2018 15:06

Someone said yesterday that activity around 3pm suggests possible RNS notification. That was a big spike in trades just now!

[pineapple1] 14/11/2018 13:32

Looks like a big fund was caught short Natgas and they've been run out of their position.

[smokieuk] 14/11/2018 13:14

I wondered the same Rich.

Some reasonably sized trades today, but the tool I use to monitor them doesn't know if they are buy or sell. They look like Buys to me.

[marvelman] 14/11/2018 12:55

Very surprised (pleasantly) by the stability of SQZ's share price and is actually looking quite strong.

[reallyrich] 14/11/2018 12:48

Why so quiet guys? natural gas up 13% on oilprice.com

[almsivi] 13/11/2018 19:22

Agreed. My opinion has always been that the low hanging fruit of shale gas should be saved for a very rainy day, when there's literally no other option.There are thousands of oil and gas discoveries in the North Sea that need to be developed before the infrastructure to extract them disappears for good. A smart person would also see that the gas burned offshore to generate electrical power is a large tranche of wasted electricity that could easily be tied into our grid.If the Govt spent time and money on that, they'd inadvertently be creating an offshore power infrastructure that renewables could tap into. Imagine, 100,000 windfarms out of sight, out of mind providing cheap NIMBY-free power to millions.

[fardels bear] 13/11/2018 17:04

I think it's very early days for the Bowland Boys. The nutters are gluing themselves to things today. I do wonder who and how much Putin's Pals are paying these so called anti-frackers.

[rogerlin] 13/11/2018 16:59

But if the Bowland shale comes off we will have a glut, prices will fall to US levels and offshore gas will be uneconomic to produce.

[robo175] 13/11/2018 16:00

Gas Will Become Second-Largest Energy Source By 2040, we might have run out by then though :( unless we strike more at Rowallan and/or Columbus :)

[rivaldo] 13/11/2018 16:00

For the record, from Stifel today:



"Yet oil company valuations did not fully reflect unsanctioned projects and ignored exploration, meaning the sector trades at 0.75 times tangible assets, Stifel said. That created an opportunity ahead of drill results in the coming months from prospects such as Hurricane Energy’s Lancaster project, Faroe Petroleum’s E&A portfolio and Serica Energy’s Rhum field, it said."

[smokieuk] 13/11/2018 15:43

Cripes so it is!!

But gas on its way up - 5% at the moment

[fardels bear] 13/11/2018 15:42

We're gas.