Serinus Energy Share Discussion Threads

[badger60] 16/4/2021 21:01

But someone bought them, and not at a ludicrously cheap price.

[the donald] 16/4/2021 17:35

Likely to be a sell imo

[the donald] 16/4/2021 17:33

Delayed trade from yesterday. 15-Apr-21 16:41:16 3.244 4,500,000 Buy* 3.10 3.20 145.98k

[badger60] 16/4/2021 15:57

Yea...but what if he's right?

[thegreatgeraldo] 16/4/2021 12:01

Do get some excitable types on that lse site....

[the donald] 16/4/2021 11:55

More from Charlie on LSE Spudton: This was a calculation to show the recoverable, I used 25-35% of sabria and only 75MMBoe of Satu Mare not the full asset reserves This in relation to the asset in Tunisia Sabria Asset is said to have 358 MMBoe (independently verified) The resource has had extremely low development with only “1.2% produced” The reason for this low rates was a variety of reasons - simple reasons - Pumps to increase revenue had not been installed. Any way the interesting part out of that 358 MMBoe they believe 25-35% recovery factor of which only 1.2% has been recovered. So ladies and gentlemen I get to the interesting part. Satu Mare - we use the 75MMBoe mean risked (not the 358MMboe - don’t want to get to greedy) Sabria - we use A) 25-1.2% of 358 MMBoe = 85.2MMboe + Satu Mare 75MMBoe = 160.2 MMBoe Sabria - We use B) 35-1.2% of 358 MMBoe = 122 MMBoe + Satu Mare 75MMBoe = 196MMBoe Recoverable average totalling 160.2MMboe and 196MMboe Satu mare 75MMboe at say $40 profit (currently $55) =$3billion Sabria @ 25% - 1.2% = 85.2MMBoe at say $40 (currently $45) = $3.4billion. Sabria @ 35% - 1.2% = 122MMBoe at say $40 (currently $45) = $4.88 billion $6.4 to $ 8.28billion X0.72 USD / GBP £4.6 billion to £5.96 billion

[daftweejock] 16/4/2021 11:27

Amazing figures, can't believe we can buy this so cheap

[the donald] 16/4/2021 11:08

This too from Charlie 1984 What I am saying is with the numbers presented it could MASSIVE. Tier 1 Major. COPL have confirmed 31.1MMboe to date this is expected to increase. However, the figures I used in my previous posts are conservatively used by the company in their presentation. 160.2MMBoe to 196MMBoe some 5.16 - 6.3 times bigger. Another interesting point is when this company was put on my radar I was told that this company is predominantly a gas producer. I haven’t even got my head around the gas potential yet but the figures on the Oil are mind blowing. For a producer of this size with this volume of resources at only 1.141 billion shares in issue, well i am waiting for someone to tell me I’m wrong, as quite frankly I am gob smacked at how cheap this share is.

[the donald] 16/4/2021 11:06

Courtesy of Charlie 1984 on LSE who is happy to have these calcs shared here:_ SENX figures are absolutely mental - this MC is crazy low, this should be £600-700m company easy surely on those figures ??? Satu mare 75MMboe at say $40 profit (currently $55) =$3billion Sabria @ 25% - 1.2% = 85.2MMBoe at say $40 (currently $45) = $3.4billion. Sabria @ 35% - 1.2% = 122MMBoe at say $40 (currently $45) = $4.88 billion $6.4 to $ 8.28billion X0.72 USD / GBP £4.6 billion to £5.96 billion HOW IS THE MC ONLY £36m this doesn’t even include the GAS and SENX is predominantly gas. Am I missing something here ????

[jambam] 16/4/2021 09:01

yep seen it...grossly undervalued imo

[lazarus2010] 16/4/2021 08:09

some early trades going through and already popped back up to 3.3p. If we get some real buying here and the seller if it is Kulczyk has finished then this should fly. Can't see any reason why this isn't back to near pre-covid levels. Has to be worth 6-8p!?

[milliecusto] 16/4/2021 07:31

Oil up, will 4p be breached today

[thetoonarmy2] 15/4/2021 15:29

Sorry guys duff info from my broker it was Serica Energy not Serinius dozy sod.

[milliecusto] 15/4/2021 14:21

Consistent buying today, bodes well

[thetoonarmy2] 15/4/2021 11:52

Peel Hunt put a broker note out will try and get hold of it

[lazarus2010] 14/4/2021 13:43

3.2855 to sell 100k, mms messing all the prices up!! So the share price has strengthened, not weakened!

[daftweejock] 14/4/2021 11:15

2 PME's hmmm

[lazarus2010] 14/4/2021 11:08

very strange that advfn shows 3.3/3.5 and yet the true bid/offer is c. 3.2/3.27 How come?

[spawny100] 14/4/2021 11:07

Yes advertised spread is wrong. Can buy at 3.28.

[daftweejock] 14/4/2021 11:03

All mine are. Gonna pop soon I think.

[cal57] 14/4/2021 10:51

Some buys showing as sells

[the donald] 14/4/2021 10:37

I thought it was familiar.lol. This looks so undervalued Toon.

[thetoonarmy2] 14/4/2021 10:33

The Donald i mentioned it to you about 6 or 8 weeks ago:)

[lazarus2010] 14/4/2021 10:22

TD...some of us agree! Has been flying under the radar somewhat, but CEO stated that he believes they are significantly undervalued, and it's not very often that a CEO makes any comment other than the likes of 'the share price will take care of itself' or 'it's for the market to set the price, not me'. The good thing is that they should be throwing off cash and are now debt free, and all cash can be used for future production and exploration and possibly dividends. GL.