Share Name Share Symbol Market Type Share ISIN Share Description
Serica Energy Plc LSE:SQZ London Ordinary Share GB00B0CY5V57 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 120.00p 121.80p 122.80p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 35.9 46.4 22.0 5.4 318

Serica Energy Share Discussion Threads

Showing 21701 to 21725 of 22550 messages
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DateSubjectAuthorDiscuss
17/4/2019
12:52
The impression I get from looking at the presentation is that they are looking to grow by acquisition but the deals they are planning will be accretive rather than transformational like BKR. I like the chart on page 14 where they currently sit in 8th place among the independents operating on the UKCS. I reckon their target in the next 18 months will be to climb to 5th place. There must be a considerable number of bits and bobs in the portfolios of the national oil companies and majors where Serica can extract greater value. Serica seems to have lost its appetite for the drill bit, favouring production. The price performance of SQZ has largely been in the form of quantum leaps every time a deal has been done so more of the same would be something really to look forward to.
danny baker
17/4/2019
12:37
Not if Tom has anything to do with it..
fardels bear
17/4/2019
12:25
Me too re HUR and SQZ, I’ve also got Parkmead which could be of interest as a t/o
overeager
17/4/2019
12:25
Let's go for both doubling by 2020 and then take it from there; also I will include RRE in that :)
bountyhunter
17/4/2019
12:23
HUR could go at any time, personally expect sometime 2020 after 6 months production H2 this year proves concept and then the bidding starts between the majors. I'm hoping for SQZ to more than double from here by the time they retain 100% production of BKR. Quadruple, £5 per share minimum. Time will tell.
dcarn
17/4/2019
12:19
Agreed dcarn, same here, SQZ is the safer bet and could easily double, HUR the riskier one but also with strong management and a good track record and could more than double if all continues to go to plan given the billions of barrels of reserves.
bountyhunter
17/4/2019
12:17
Moi aussi. 3 Years, no HUR. Hoping SQZ double.
fardels bear
17/4/2019
12:14
Large holdings (for me) in both. I see SQZ as the safer bet but perhaps HUR has more potential if it all flows as expected. Anyway my plan is to retire off these two in 3-4 years, after SQZ full years results for 2021.
dcarn
17/4/2019
12:13
Agreed, we don't want HUR.
fardels bear
17/4/2019
11:49
I don't think HUR is overpriced given the reserves and potential with a solid plan ahead, close to first oil at Lancaster and fully carried on the next 6 wells the first of which was spudded today, however SQZ are looking for assets which are currently producing so that excludes HUR.
bountyhunter
17/4/2019
11:24
HUR - overpriced for a shrewd operator such as Serica, already carrying risk imo, I wouldn't touch HUR over SQZ
the abbot
17/4/2019
11:16
I stand corrected on that! 🙃 I should have said HUR assets are not in the same region as those of SQZ. ...still no chance imo of being acquired by SQZ as was the suggestion.
bountyhunter
17/4/2019
11:15
BH, Hurricane is not NS but is definitely UKCS. From the HUR website "Hurricane’s assets are focussed on the Rona Ridge, in the West of Shetland region of the UK Continental Shelf." Not often you get something wrong. ;-)
danny baker
17/4/2019
11:13
Brief comment from Malcy today for the record: Https://www.malcysblog.com/2019/04/hurricane-trinity-hunting-serica-enteq/ "Serica Not much to add following my last piece on Serica and if there is a meeting or conference call I haven’t been invited to join! Accordingly I can only repeat the bullish comments from CEO Mitch Flegg who expects continued extension of field life at the BKR assets which should go straight through to the bottom line."
rivaldo
17/4/2019
11:12
That's far more likely ta and would make a lot of sense.
bountyhunter
17/4/2019
11:10
Nice thought obmuj but won't happen as HUR MC too high, not producing yet and not UKCS.
bountyhunter
17/4/2019
11:10
A few profit takers around the 130 mark, imo with these results this should be a multi day increase, I will not be surprised if we breach the all time high of 144 by the end of next week - admitedly some strong resistance at 134.4 - 135.5 but once gone, double top is on the cards - I also think Serica will be quickly following those results with a deal or two, my money is on one of those being an increase in Erskine percentage.
the abbot
17/4/2019
10:40
AT LAST!!!! and just to clarify..............I always seem to have AIM stocks that go down on any good news so my excited statement is based on some good news for me on an AIM stock when compared with the disasters of the past I have endured....AFR, VOG, BLVN, SEY, GKP to name a few out of a catalogue of useless oilers. I am heavily into HUR too which "could" be monumental but much riskier at the moment. SQZ takeover of HUR (hardly I know) now there's a lovely thought.
obmuj
17/4/2019
10:29
SQZ has become a very solid investment which should generate good returns for well into the foreseeable future.
captainfatcat
17/4/2019
10:29
I was thinking the same thing. Very professionally set out. It's one of those things you can take for granted until you see a poor one, immediately smacks of rushed and ill thought out. This one's the opposite. Bodes well.
inaminute
17/4/2019
10:21
Auction now as the buys flood in over 130p.
danny baker
17/4/2019
10:20
Yes whoever puts together the presentations does a very good job; it does help of course when there are so many positives to highlight.
bountyhunter
17/4/2019
10:18
I very much like the presentation, actually I note the whole marketing of Serica has gone up to a whole new scale since BKR, they just have that large company feel to it now, polished I think would be my assessment.
the abbot
17/4/2019
10:18
plenty of hints indicating another accretive aquisition will be made assuming a value adding prospect in the UKCS area can be found
bountyhunter
17/4/2019
10:15
"cash from ongoing operations (Erskine + BKR) can be deployed for future projects"
bountyhunter
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