Serinus Energy Share Discussion Threads

[vk1971] 17/7/2024 00:40

You are absolutely correct. Complete shambles and incompetence. And now he will tell us how just the equipment and treatment plant in Romania is worth double the current market cap. But what about Romania's current production, tending to 0 and no new exploration..better sell off that equipment and do something else somewhere. If they only knew what business Strategy or shareholder value meant!

[trader4ever] 16/7/2024 09:52

This company is run by the most incompetent management you will ever come across. Only interest of the management is to drain all the cash and pay themselves high salaries without delivering any share holder value. they have consistently delivered Failures for the last 5 years and waisted all the case they raised.

[researchcentre123] 08/7/2024 22:27

Some big selling today. Wonder what that's about

[researchcentre123] 12/6/2024 14:50

Xtellus' are still buying.....

[sheppie888] 31/5/2024 18:30

Look at Corcel in Angola - both wells dead, not even water flowing

[sheppie888] 31/5/2024 18:27

Well one positive we pulled out of Angola based on their results on the block next to what Serinus bid for.

He is good with cost control but sadly too tight to spend any of his own cash on shares, or even our money for buyback

[trader4ever] 31/5/2024 09:59

This company is run by Fraudsters J. Auld and his team. They have waisted all the money raised few years ago in fundraising at around 25p per share. All is gone in paying salaries to useless incompetent management. They have no interest for shareholder value.

One personal lesson for me is never to invest in company where you have Polish people in senior management.

[sheppie888] 28/5/2024 09:51

Even if they are doing anything in the background Auld's arrogance towards investors and what seems like a deliberate lack of action to prevent price decline is simply shocking. Just tells you a lot about this greedy fat cat personality

[researchcentre123] 26/5/2024 21:55

I mean Auld

[researchcentre123] 26/5/2024 21:54

He hasn't invested a lot but did spend a little money at last drop (was it 5k?) but yes, if I were in charge with that big salary, I'd put a big chunk back in......but sadly none of us are.....

[griffin63] 24/5/2024 15:20

Yes i noticed that too,find out soon enough.

[sheppie888] 24/5/2024 15:06

MH is a top bloke, the best hope.

The big buy order seems lower now, did they realise nobody is selling at this level and will execute the transaction after cop 🤔

[griffin63] 24/5/2024 11:31

Just needs a little momentum,once it starts it'll quickly pass 10p for starters,hang in there,eventually people will cotton on,M Hennigan isn't in it for the dividend!

[sheppie888] 24/5/2024 00:44

Yes mate it sounds like a solid advice - but don't you think patients is hard to find with Jeffrey Auld while as he dropped the share price by some 98% while taking multiples of current AIM mcap in salar employing his useless mates on bod🤔🤔;🤔

[griffin63] 23/5/2024 12:26

We just have to be patient just a little longer,there are shells not far our mcap!
It could turn in a second,more pressure from Xtellus buying would help.

[sheppie888] 23/5/2024 11:08

Auld won't spend his own money on shares, he won't do buyback with business cash. We are valued at a minimal fraction of the average for the sector. The CEO doesn't give a f.. about the share price. My votes kept him in the job this time but we should be more proactive to get market recognition in the UK - Poland already values the business properly

[griffin63] 23/5/2024 10:17

I think the resolution to buybacks was passed.I agree,I wonder how many of us have around 2mill each?
That and M Hennigan,Xtellus must add up to quite a bargaining tool!
I can still sell a million without being crucified too.

[sheppie888] 22/5/2024 20:53

I have just around 2m altogether, if we get better organised with UK investors we can call an EGM and force some buyback/dividend/RTO to the main market?

[griffin63] 22/5/2024 18:34

There's been lots of those SI trades recently,always for coppers,don't get what that means.

[sheppie888] 22/5/2024 17:55

Same with my holding just under 1m could be sold in one go. There must be a substantial buyer in the background, as soon as I topped up a bit today they somehow arranged a fake transaction at 2.7 for a few shares while I was getting well higher offers. All to scare and fill their baskets?

[griffin63] 22/5/2024 15:08

Well they will let me sell a mill in one go,is that good?

[griffin63] 17/5/2024 12:18

Pretty sure M Hennigan sees great value here.
We could be at 1600 bopd by year end,hopefully and with some luck.
What happens when Hennigan et al breach 25 or 30% between them?
We have already had one partner,the board made big deal out of getting control back.
Still all to play for.

[researchcentre123] 17/5/2024 08:15

Given Xtellus' contual increasing of their shareholding, I guess we are not the only people who think it's undervalued.of course for them their shareholding is no more than a drop in the Ocean but they must see it as a good bet at these prices.