Serica Energy Share Discussion Threads

[waterloo01] 23/2/2024 08:22

Nice write up.

[bountyhunter] 23/2/2024 07:31

That's been hard to avoid in the O&G sector over the last year, especially with small cap holdings.

[steelwatch] 22/2/2024 23:52

Hi bounty, my limit order got taken @ £3.40. The share price continued to rise to over £4+, but no complaint as my ultimate target was fulfilled. I am largely out of the market, but still have some strugglers gasping for air.

[bountyhunter] 22/2/2024 22:46

Hi Steel, I've just noticed that you posted that IC link earlier here, great minds think alike! That is except for selling at £4+ - well done with that decision!!

[nigelpm] 22/2/2024 20:45

Astonishing one of the "Bear points" isn't a change of government.

[steelwatch] 22/2/2024 17:51

IC recommendation. Not sure if/when it will slip behind the paywall:



GLA

[nigelpm] 21/2/2024 20:18

Hindsight is a wonderful thing. No WFT, crazy gas prices, lots of cash and being generated. It made sense and still makes sense - just a lot has happened.

[farmscan] 21/2/2024 19:46

Well I haven't sold any, but I often think back to the days of £4.50 fondly/remorsefully.

[nigelpm] 21/2/2024 19:41

Sentiment farm. A powerful short term game.

[farmscan] 21/2/2024 19:12

I still can't really make any sense of what has gone on here recently with the share price etc, but I do wonder where we would be now without Tailwind's oil and tax losses with gas @ £34/boepd and 75% tax whilst producing c22.5k boepd..

[bountyhunter] 21/2/2024 17:58

Except that they are paying a significant chunk of it to themselves.

[lord gnome] 21/2/2024 17:35

Sensible view imo would be to hold off buying or adding until we have results and a divi. The new management might not be so wedded to that juicy dividend.

[bountyhunter] 21/2/2024 10:39

Yield 12.2%, final divi due to be announced around 11 April?

[seekinvalue] 21/2/2024 10:32

just wondering what the upside is with this stock. Im underwater with it and I hate taking a significant loss but I can't see how this meaningfully recovers from here, certainly in the next 6 months? and other opportunities with a clearer picture beckon ..

[lord gnome] 21/2/2024 08:51

I wouldn't bet on it.

[scepticalinvestor] 21/2/2024 08:26

Seems incredibly good value at these levels, all of those issues are priced in, surely?

[lord gnome] 21/2/2024 08:14

You've got a heck of a lot of history to catch up with, SI. Firstly, the whole sector is out of favour. Secondly WFT is hitting profits. Thirdly, someone should write a book about the recent deal for Tailwind.Sentiment here is rock bottom.

[scepticalinvestor] 21/2/2024 08:10

Have started watching this. I get that the CEO is leaving but why the huge drift down in mkt cap? Started before he left

[duckdown] 20/2/2024 15:52

Begs the question why anybody would vote for either Labour or the Conservatives.

Completely useless the lot of them.

[nakedmolerat] 20/2/2024 07:27

i agree Joe, they are pandering to the green vote over working class peoples jobs 78% tax from 75%, no new licenses. yet, china and all just do what they want.

[joestalin] 20/2/2024 05:13

Labour will kill our O&G industry. They will allow the EU to finish the job and kill all our manufacturing industries.

[yasx] 19/2/2024 17:19

The WFT (and labour intending to extend it) has crushed many Co’s and will undoubtedly lead to further job losses.