Serica Energy Share Discussion Threads

[spandy83] 14/1/2019 12:04

Really struggling to break 135p sustainably... reckon it'll do it soon tho :)

[fardels bear] 14/1/2019 11:54

Final ISA top up pour moi..

[joestalin] 14/1/2019 11:11

"It's part funded by the EU" - that means part funded by us. Hopefully not for too much longer.

[fardels bear] 14/1/2019 10:33

Doing the accounts. :(

Cheers for the heads up.

[almsivi] 14/1/2019 10:23

Unrelated to Serica - although we're now near ATHs (Yay)Anyone else invested in INFA? Been watching them for a couple years now and bought a few at the start of the year. Kind of a fire and forget share, if they do well, great, if they do really well, even better. Trading at 1.55p today up from 0.5p a share when I noticed them. They have the keys to unlock gas storage infrastructure on Ireland (there's non at the moment), something like 25% of the UK's capacity. It's part funded by the EU but is also apparently "Brexit Proof" so that's heartening to know.Hope everyone's having an easy Monday!

[fardels bear] 13/1/2019 20:09

I'm not keen on the PMO huge debt model. I much prefer the Serica no debt model. It makes me feel all warm and cozy like. Let's see what Tone and Mitch can come up with next.

[bountyhunter] 13/1/2019 12:07

"Premier Oil is hoping to pick up fields being sold by the US oil giant Chevron"

[captainfatcat] 11/1/2019 17:33

Nice way to end the week.

George the share price certainly looks like its on its way to 150p maybe even this month! Last time we were at this share price the profit taking was at a really high level this time its the other way round.

8-)

Tick Tock

[general george] 11/1/2019 16:12

Nice move to ATHs. Much more to come on current assets. Another deal it blows through 150p....

[bountyhunter] 10/1/2019 12:26

to work shortly!

[fardels bear] 10/1/2019 11:33

Quo vadis, Bh?

[bountyhunter] 10/1/2019 11:10

sorry wrong thread for the Latin

[bountyhunter] 10/1/2019 11:07

Carpe diem is my motto for today!
(having done some of the above earlier lol!)

[bountyhunter] 10/1/2019 11:05

I'm trying to diversify to protect from sector volatility
PMG does seem high risk although could be high reward, I wouldn't put the house on it

[pineapple1] 10/1/2019 10:40

Bear...... Off Topic.....i thought about buying some PMG last year as prospects look good but i just did not like it when directors do these related party transactions with those close to them . Of course it is probably all above board and is supposedly secured on assets but it just gives me an uneasy feeling that if more funds were required they would be provided and where does it stop. Just my opinion of course
imho

[fardels bear] 10/1/2019 10:22

Yes, Danny, I like PMG too, though I didn't used to...

Piney, I think that until the Brexit farce plays out, UK stocks, even blue chips are not going anywhere fast. What's the point of a six percent div yield if the share drops 15% in that same year? No div here as yet, but there is a news stream going forward that should protect us from wider market falls...

[pineapple1] 10/1/2019 09:28

Danny Baker.....Nice one. Seems like patience and courage paid off .Just wish i had bought more at the lows but not complaining at the return. About 6+ years approxish holding now with the original purchase being 40p from which it all went downhill......ROFL...

[danny baker] 10/1/2019 09:07

Great discussion guys. I've had to reduce Serica for portfolio reasons - jargon for my holding having done so well that I need to take some profits irrespective of the outlook. What I've been buying hasn't been safer as such, many would argue that individually shares like FPM, UOG and PMG are much riskier. However by spreading my risk I retain exposure to a great company but maybe start to build up positions in new multi-baggers. I'd paid 15p for Serica before I'd averaged down at 3p so I know building an investment holding is a process not a one-off.

[pineapple1] 10/1/2019 07:38

FB.....In equities in the midcap sector i,m unaware of where a safer place is. However polling many BB's you'd likely get many similar replies from investors about their own equity holding in a company they feel grossly undervalued and almost blue chip safety and quality which i would estimate for investment quality akin to a heap of dung.

But even the safest share could still experience severe operational problems no matter how clear the sky is ahead. Things then would not look so wonderful. Eggs and basket springs to mind. SQZ is still my largest holding but i,m cognitive of the above
However the phrase undervalued has been mentioned and although i consider SQZ still grossly undervalued additional plays in my portfolio in the oil/gas sector is RRE and JSE (JSE very recent ,but neither as large as my serica) for the next double or treble bagger.
For transparency i,m in both and no investment advice intended
imho

[dcarn] 10/1/2019 00:03

Excellent post abbot, couldn't agree more.

[fardels bear] 09/1/2019 23:29

Piney, I keep asking people where, if I take out my original investment, do I put it that's SAFER than Serica.

[fardels bear] 09/1/2019 22:20

I'm keeping a lot of cash for that same reason.