Serica Energy Share Discussion Threads

[simplemilltownboy] 06/7/2019 09:48

P1 like you I'm looking forward to RRE relisting, happy to add and accumulate SQZ as said. Totally agree with BH after selling and rebuying after taking into account spreads, etc for me personally it's not worth it. With respect to st ledgers day, I think I need to get into horse racing!

[pineapple1] 06/7/2019 09:43

We,ve had our excitement with SQZ for a while.A few bored sellers around that's all until they are out of the equity and we can start a new leg up later.
I know that a few here inc me will be looking at excitement from RRE very shortly.
SQZ are solid and its a share that will reward those who are patient the next few yrs.
imho

[bountyhunter] 06/7/2019 09:18

Also to sell and buy back an entire portfolio May-Sept factoring in dealing costs, the spread and stamp duties (on many shares) would mean losses of up to a few percent in the first place, not to mention the hassle factor which can involve splitting trades to get even prevailing market prices.

[fardels bear] 06/7/2019 09:00

The saying hasn't been correct for the past twelve years I've been in this game.

[simplemilltownboy] 06/7/2019 08:44

Price target in 12 months is 180pence

[joestalin] 06/7/2019 08:44

If the saying is correct, until St Leger Day - which is on the 14 September at Doncster.

[simplemilltownboy] 06/7/2019 08:37

Looking at adding some more soon, personally think the share price weakness will exist for the summer, or until an announcement. Great mgmt, the gas price appears to be a major drag at the moment. GLA.

[captainfatcat] 05/7/2019 23:07

See the gas price has moved up strongly today just over 9% now sitting at 29.700

Brent also looking strong and moving north


8-)

[captainfatcat] 05/7/2019 18:50

Will add a few more to the pot myself if it starts to get silly. Strongly believe in the managements ability to create long term shareholder value for share holders here.

[circles of stone] 05/7/2019 18:36

I got back in a few says ago and was happy with the 122.4p price.
I agree with the abbott that the share has been moving quite widely on such little volumes. Maybe the mms trying to create some interest. Anyway, the underlying value is still there with all the upsides noted in the "Bountyhunter List".
Just a waiting game for the next acquisition and all the time the cash pile grows.
Having been involved myself in making bids in the past for o and g assets it is all about securing the right assets at the right price. Patience is a virtue here, this bod have structured and delivered some very innovative deals and I have every confidence they will deliver once more.

[rathean] 05/7/2019 16:52

Back in at 118.9, bottom of its trading range although no guarantees it'll hold of course. Nonetheless my favourite oiler, happy with the bod and progress.

[rogerlin] 05/7/2019 09:23

The Latin forms Serica and Seres derive from the Greek Sērikḗ (Σηρική) and Sḗres (Σῆρες).[2] This seems to derive from their words for silk (Greek: σηρικό`2;, sērikós; Latin: sericum), which since Klaproth[3] has often been linked to the Chinese.

Wikipedia has the details.

[bountyhunter] 03/7/2019 15:49

Steel, sounds like you went to the same school as me!
I still recall the whole caboodle of that one, it's like being haunted for life by...
amabam, amabas, amabat, amabamus, amabatis, amabant! etc
I also ditched Latin as soon as possible after being forced to recite it for two years :(

[daniel levi bmd] 03/7/2019 14:21

FYI

Union Jack Oil. The Truth & The Trolls! Exposed!


Dan
x

[joestalin] 03/7/2019 13:55

No, the CAP is heavily subsidizing them.

[lord gnome] 03/7/2019 13:52

Are the Romans still laying waste the fields of the Gauls?

[steelwatch] 03/7/2019 13:51

bounty - did not get off to a good start with having to chant amo amas amat amamus amatis amant ad nauseum. Ditched the subject at the earliest opportunity!

[bountyhunter] 03/7/2019 12:56

I had to look that one up despite being forced to study Latin at school!

[steelwatch] 03/7/2019 09:23

Internecine strife is wrecking the advfn experience on many of the boards unfortunately.