Serica Energy Share Discussion Threads

[inaminute] 08/6/2019 10:33

Yes, we had the same a few weeks ago from someone who appeared with the same request across lots of boards. They became disruptive afterwards

[fardels bear] 08/6/2019 10:18

He's posted that everywhere, piney...

[pineapple1] 08/6/2019 09:27

£5.95 actually. But i,ve been pleased with X-O (Jarvis) for a while now. Its one of a few trading accounts i have. Their quotes are pretty good as well ,usually less than market unlike some others who often give a cheap trade but make a bit extra on the spread with a loaded buy price..
imho

[captainfatcat] 07/6/2019 08:46

I have him on filter but by the replies can guess he is doing his chicken little the gas price is falling routine again.

Funny seem to recall that didn't stop the share price getting into the 140's a week or so ago.

[zingaro] 07/6/2019 08:22

just bumping the real thread to the top.

[chestnuts] 07/6/2019 08:21

Fardel

Even more for you to read

hxxps://www.petroleum-economist.com/articles/midstream-downstream/lng/2019/us-lngs-second-wave

[upomega] 06/6/2019 20:44

Gentleman please.inmo if the share price hovers where it is with a depressed gas price then that's a huge positive.just think what could happen when prices firm up

[farmscan] 06/6/2019 17:40

chestnuts

"So what price do you want to buy in at. After all you have not come on here just because you have nothing else to do."

[chestnuts] 06/6/2019 17:19

Fardel

If that was so how come gas prices topped in August last yr and as fallen nearly every day since then do your self a favour and go and read about demand around the world then production you might have sold out at 140p if you had,

Also alot of platforms stop producing and shut down for maintenance and the other platforms produce to fill storage but this yr storage is full to the brim so the price is forced down even lower.
Alot of countries use air conditioning which use alot of Electric, but since last August alot of gas as come on to the market around the world driving down prices, then you have the big boys divesting from oil and Gas which doesnt help Serica or other oil companies reach dizzy heights as only small investors are buying lets face it Serica should have been upto around 300p but their just are not enough investors , when did any of the big boys buy into Serica.

[fardels bear] 06/6/2019 16:39

It's effing June. How many people have their gas heating on in June? December, January and February everybody does, and the price goes up.Even Sybil Fawlty would have thought this phenomenon unworthy of comment.

[marvelman] 06/6/2019 16:35

Chestnuts

I have a great deal of respect for your intelligent, well researched posts on this and other threads. Of late however, you appear to be repeating the same message as if no one else has picked up on your point to the extent that it has become an irritent rather than helpful insight. Having said that I will still read your posts with interest as you are certainly correct in stating that I do not put in the research that you very clearly do.I am a long term investor here rather than a trader and am confident that the inherent value of this company and its business model will eventually make me a return on my investment despite the fluctuations in the 80% of its revenues that are currently particularly subject to pricing pressure and competiton from alternative sources.Regards.

[chestnuts] 05/6/2019 22:43

Marvel

Why call me if any of you did some reading about the markets you might have hedged your investment.

[bountyhunter] 05/6/2019 21:49

This is the lowest point of the year for seasonal gas prices for which futures prices still exceed 50p/therm for the forthcoming winter reaching 55p in Dec/Jan and 56p in February. Plus we retain a larger share of production this year and you forgot the hedging at 35p. Talk about fake news you take the biscuit chestnuts!

[marvelman] 05/6/2019 21:46

You really are a barrel of laughs Chestnuts...ever wondered why everyone leaves the room when you walk in.

[chestnuts] 05/6/2019 21:42

Fardel

Well it looks like gas is going down to test below 20p a therm with the glut which is sweeeping the world, good for everyone who as a gas boiler and Brent is going to test $50 a barrel so good for motorists but not good for SQZ share holders its a perfect storm.



I bet SQZ wont make more than last yr and it could be alot less this yr and they will use up alot of there tax credits on BP share , as they will have to pay tax on BP share, just like BP did for sqz share last yr

[fardels bear] 04/6/2019 12:47

Nice new boat as well, eh? ;)

[marvelman] 04/6/2019 12:41

Proven assets rather than rolling the dice on a license. Let others do that as has proven very lucrative for SQZ and RRE thus far.

[captainfatcat] 04/6/2019 12:40

Nice position for investors either way really, both options have their benefits and neither will pose any real restriction to future value creation for shareholders.

If any deal is structured in a similar manner to the BKR one as many here would hope then cash growth going forward is pretty exciting.

One of the things I like is how SQZ tax losses are being used up it looks to be nicely bridging the time span where SQZ is still paying BP a consideration and time when SQZ's BKR revenue moves to 100% maybe even out to when Columbus starts to come online. This provides some continuity in revenue going forward somewhat offsetting the time when tax credits have been used up.

Edit

All mine are in the ISA so even a small divi would be great and maybe enough to retire on having only recently turned 50 that's quiet a enticing thought.

[farmscan] 04/6/2019 12:36

Did Serica make an application to the 31st round?