Serica Energy Share Discussion Threads

[nigelpm] 23/8/2019 19:32

If you know it's both why the silly comments?

[fardels bear] 23/8/2019 18:53

But again we have no idea when the trade actually occurred so there's no way to tell if it's a buy or a sell. And yes nige, I know that they are all both.

[fardels bear] 23/8/2019 16:43

No interest. 80p. Shows him up for what he knows. A numpty and nowt..

[fardels bear] 23/8/2019 16:40

There's another 226657 showing earlier. Looks like a rollover to me.. Hapenny more on the later trade..

[spandy83] 23/8/2019 16:27

Ahhhhhhhh that feels better

[rizler] 23/8/2019 15:27

Wonder what that whopper was (226757). Whether it was a buy or a sell

[joestalin] 23/8/2019 10:55

" Maybe a proper chartist can illuminate"

Like a lighthouse in the desert - brilliant but ultimately useless!

[rathean] 23/8/2019 10:25

Someone who knows what a cup and handle means other than its time for another brew...

[fardels bear] 23/8/2019 09:16

A proper chartist?

[rathean] 23/8/2019 08:16

What is that, a bowl, a kids W?? Maybe a proper chartist can illuminate, looking like it's broken through its short term falling channel, next resistance circa 122... imo dyor ofc.

[rathean] 22/8/2019 10:37

It's like BritishBulls automated trade signals. On some stock it's almost always wrong, others right most of the time. A useful addition to a wider range of analysis tools, fundamentals for me are a fat bank balance, highly cash generative and I suspect in the medium term deal making as big oilers continue to leave the area imo dyor ofc.

[kcr69] 21/8/2019 11:50

the abbot....for my sins yes....from Tap days rather than R1. Apologies all for brief off topic.

[kcr69] 21/8/2019 11:21

the abbot, have you had a look at MarketScreener. I can't vouch for its accuracy with regard to Serica, however where I have been able to cross reference with broker reports that I receive, the information supplied by the site has tended to be fairly accurate and indicative of 'market expectations".

A link to the Serica page is attached below. Others may know the site better than I and advise of either its usefulness or not, however as an additional tool in the toolbox I have found it fairly useful.

hxxps://www.marketscreener.com/SERICA-ENERGY-PLC-4005481/revisions/

In short the estimates supplied have changed quite frequently over the past 6 months to both the up and down side, and variations from broker to broker appear quite large, however overall I would suggest current market expectations (based on information from the site) are for revenue in the vicinity of £280m - £300m and earnings from £85m - £100m (cash would obviously be higher).

My own feel is that these are on the safe and conservative side, but either way Serica remains extremely cheap at a PE of no more than 3.5, reducing considerably further going into FY20.

[bountyhunter] 21/8/2019 11:07

at least there was until a few minutes ago when the ATs started

[bountyhunter] 21/8/2019 11:06

There's a very wide spread today

[dunderheed] 21/8/2019 09:29

I think there are far better examples of injustice in real life that really should concern u more nige, no?

[nigelpm] 21/8/2019 09:21

I believe in justice Pineapple - anyway - apologies for rambling on.

[upomega] 21/8/2019 07:16

You are most welcome to post on my thread. I'm not smug.i don't own a pub or boat either.also hate growing vedgitabaaassls as well

[pineapple1] 21/8/2019 07:11

Nigel....what is this fascination of yours with GG. Are you his manager or lover . Which ???
Talk about hero worship. You sound like a star struck school kid with a crush.