Serica Energy Share Discussion Threads

[fardels bear] 10/4/2019 00:11

You go tell the tw*t.

[fardels bear] 09/4/2019 22:44

Not in Delhi or Rio de Janeiro though.

[chestnuts] 09/4/2019 22:13

Captain

THe electric cars in Norway are subsidised cant remember by how much but it will be interesting to hear from any Norwegians how far the cars can run in winter off 1 charge and how they keep the inside of the car warm.

[captainfatcat] 09/4/2019 21:33

Been thinking about replacing one of our cars with an electric car for a few months now. Its interesting to see Norway's March statistic for electric vehicles sales which are accounting for 58% of all car sales in Norway! The rest of the developed world will surely follow driven by the necessity in meeting targets to address climate change.

With a small population and blessed with an abundant supply of clean hydro generated electricity electric vehicle ownership is obviously making good sense for many Norwegians

[chestnuts] 09/4/2019 19:17

Pine as the world comes off petrol and diesel the electric car will come, electricity as to come from renewables and gas so an increase wether it is in LNG or just NG so yes you will expect demand to grow. But at the moment the world is awash with gas. In 12 months it might be different.

[pineapple1] 09/4/2019 18:08

Russian Energy Minister Alexander Novak expects the country’s output of liquefied natural gas (LNG) to rise more than tenfold to 140 million tons per year by 2035 as global demand for the fuel soars.

So who do we believe. Those telling the story that we are going to be drowning in LNG/gas so we should get out of gas stocks to save ourselves or do we believe the Russians who intend to increase LNG production 10 fold by 2035 due to demand .
Now surely those peskie ruskies must know that the US are flooding the world with cheap LNG ,so cheap they can't compete.
But hey they'll invest the money in any case as its only money . Best chestnuts gets on the phone to the Kremlin to tell em what a mistake they could be making.They must be missing the point too......lol

It shows that there are always wheels within wheels and nothing is ever as straightforward as it seems no matter how compelling certain literature may appear. The above peice may of course be equally misleading as recent bearish articles.
Time will tell..
I don't feel the need to campaign to convert everyone to my way of thinking. Let people think what they like.
imho

[dunderheed] 09/4/2019 17:01

Hang on hang on - spread the word piney - what was the recommendation please?

[pineapple1] 09/4/2019 16:59

chestnuts .....i don't need to remind you of how well your recent so called dead certs on other shares have worked out do i with a technologoy you also seemed to think was going to make you rich beyond your wildest dreams .I can also mention that here or on the other thread if you so wish.
After all you said i was missing the point there too. .I,m always missing the point but you never are eh!!!!!
imho

[chestnuts] 09/4/2019 16:49

This post by pineapple on the other thread misses a big point and that gas in the uk last summer was the highest for over 10 yrs and the high in Dec of Usa gas was the highest for well over 10 yrs so now put that info into what he is saying and read what you want to believe


++++++++++All this talk of huge oversupply of gas and LNG from certain posters on the other thread with various links to the death of pricing power for NG reminds me of the times not so far in the past of firstly Peak Oil ,followed shortly after by tales of a massive oil glut.
In peak oil there were tales of oil running out and oil going to $200 per barrel.
Well we all know what happened shortly after when all the bets were placed by those who believe such stuff. Oil of course tanked.
Then came the so called glut of oil, in fact drowning in the stuff ,with tankers full to the brim circling off shore. Oil per boe going to $10 or lower and companies like BP will be bust. Well we all know what happened after that when all the bets were placed in the wrong direction.
Fast forward today and guess what we've got now. All the stories of huge gas over supply ,Tankers full of LNG steaming across the Atlantic ,gas going to almost zero etc etc.
Do people really think that free articles such have been read and posted recently are produced by altruistic authors who wish to help the poor retail investor get out of harms way.
Being the cynic that i am i generally see the hidden hand of peeps like Goldman Sachs behind such stories , taking the other side of the trade. How nice of them to help out.
People can believe what they want to of course but i don't count myself amongst those who see gas falling to almost nothing due to oversupply.++++++++++++

[steelwatch] 09/4/2019 16:12

cfc - Investegate also took 6 minutes into mine, but also have advfn alerts for failsafe backup. Company in-house alert hasn't shown up yet.

[captainfatcat] 09/4/2019 16:08

Not long to wait then.

It took six minuets for that rns notification to land in my inbox..

[steelwatch] 09/4/2019 16:02

Results 17 April

[captainfatcat] 09/4/2019 15:11

I have always felt negative points of view have been open for discussion here as long as they are factual. What has not been welcome and rightly so in my book is the continuous and repetitive posting of inaccurate or misleading information being portrayed as matters of fact.

[dunderheed] 09/4/2019 14:28

Absolutely agree pineapple but these issues shouldn't be totally ignored either and are part of a sensible conversation?
UK is also a little more extreme because it doesn't have much (gas) storage anymore which of course will cause quite elastic price reactions imho.

[pineapple1] 09/4/2019 14:22

All this talk of huge oversupply of gas and LNG from certain posters on the other thread with various links to the death of pricing power for NG reminds me of the times not so far in the past of firstly Peak Oil ,followed shortly after by tales of a massive oil glut.
In peak oil there were tales of oil running out and oil going to $200 per barrel.
Well we all know what happened shortly after when all the bets were placed by those who believe such stuff. Oil of course tanked.
Then came the so called glut of oil, in fact drowning in the stuff ,with tankers full to the brim circling off shore. Oil per boe going to $10 or lower and companies like BP will be bust. Well we all know what happened after that when all the bets were placed in the wrong direction.
Fast forward today and guess what we've got now. All the stories of huge gas over supply ,Tankers full of LNG steaming across the Atlantic ,gas going to almost zero etc etc.
Do people really think that free articles such have been read and posted recently are produced by altruistic authors who wish to help the poor retail investor get out of harms way.
Being the cynic that i am i generally see the hidden hand of peeps like Goldman Sachs behind such stories , taking the other side of the trade. How nice of them to help out.
People can believe what they want to of course but i don't count myself amongst those who see gas falling to almost nothing due to oversupply.
imho

[captainfatcat] 09/4/2019 11:04

upomega most of us here have been discussing SQZ for the last couple of years and have long since formed our own opinions on the future outlook of the company. Once the next lot of results are out we will have some new info to ponder over and there should be more discussion.

Tick Tock

[upomega] 09/4/2019 10:40

Maybe this is why no new investors have come on board in the past year. Like a number of you I was fortunate enough to have invested in Serica before the original BP deal (Erskine).if you have become board of posting constructive messages why not use the private e-mail facility.. INMO its a bit of shame. Maybe SHARE discussion boards are starting to have their day. III become user unfriendly. However there is still LSE for those that are still interested in share discussions.

Oh before a couple of you become over protected I too have held these for a long time.

[fardels bear] 09/4/2019 10:19

Yaaaaaaawwwwwwwwwwnnnnn

[bountyhunter] 09/4/2019 08:36

We have enough cynics already lol ;)

I must stop posting on the negative thread or at least stick to geraniums there!

Plenty of bed and ISAing likely I agree.

[chestnuts] 09/4/2019 08:32

Fardel

How was the sailing in Morecambe bay you had a beautiful day for sitting in a boat with not much wind.

You are right about gas spiking up

[bountyhunter] 09/4/2019 08:12

Yes absolutely, even if Rowallan had been found to be the biggest gas field in the North Sea it would have had zero effect on gas prices today! It was a wildcat free carry with a low CoS in any case so no big deal.

[fardels bear] 09/4/2019 08:06

Eh? UK gas prices won't have had anything to do with Rowallan. ISTR Rowallan was slated as oil but even so it would have produced such a tiny drop in the ocean of even UK production and that two years down the line minimum. Gas prices spiked on production decline from the Norway export pipeline.