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Share Name Share Symbol Market Type Share ISIN Share Description
Serinus Energy Plc LSE:SENX London Ordinary Share JE00BF4N9R98 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -3.17% 3.05 3.00 3.10 3.15 3.05 3.15 7,384,745 08:26:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 17.0 -0.2 -0.8 - 31

Serinus Energy Share Discussion Threads

Showing 26 to 47 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
21/1/2021
17:13
1.5m buy trade after hours just booked along with a 967,752 buy trade - mm's kept the price down to fill these 2 orders in for most of the day. £96,000 trade
euclid5
21/1/2021
16:00
He retired from his position at BG last year so his buying is all for his own account .... clearly he did v well for himself and his fund holders whilst there as these positions he's taking are very large
jjmills56
21/1/2021
15:44
Perhaps it's because they're closer than we are to Romania ....the site of the current drill programme that spudded on 18/01.......
jjmills56
21/1/2021
15:41
Richard Sneller bought 11.3% of this company PA before Christmas ...... he's a v shrewd cookie
jjmills56
21/1/2021
15:31
Crazy. Someone's wrong but the Poles think they are right buying it up. Big leak over there? The Arb is the largest I've seen
drmaccers
21/1/2021
15:24
I can't get me swede around this pricing mis-match with Poland - it's valued at over 11p in Polska
2prsimo
20/1/2021
18:32
Under-Exploited Large Oil Field - 358 MMbbl of P50 OOIP 1) – only 1.2% has been produced to date 1) Volumetrically derived for existing wells as per Reserves and Contingent Resources Report (Tunisia) as at 31 December 2018. see report below slide 15 Https://serinusenergy.com/wp-content/uploads/2020/11/2020-11-13-Serinus-Energy-Corporate-Presentation-WEBSITE-EDITION-Final-1.pdf
euclid5
20/1/2021
13:56
Tick up coming soon
fund1
24/12/2020
11:50
Twitter crew out above 3p!!
daar
22/12/2020
14:11
Only going one way, 3p plus close. Extremely undervalued at current prices.
gah123
20/12/2020
23:37
Olderandwiser (lse bb) Posts: 11,366 Price: 2.35 No Opinion Excellent risk/reward opportunity...Today 12:48 ...presenting itself here, at Serinus Energy. 1) Totally restructured balance sheet, now debt-free, with surplus placing funds to start a new pumping additional work development at the Tunisian field, where none had been done before. At all! 2) Friendly insider new shareholder, in EBRD, for 9.9%, locked in for one year. They may hold longer than that, as they are typically long term lenders/shareholders in their developing country investment projects. 3) However, EBRD may take the view that they fully recoup their foregone 50% principal + accrued interest with an equity sale in the future of 4p. They must believe that is quite doable, at a minimum, to accede to this arrangement. 4) Recent placing was clean. NO WARRANTS. 5) Management acquired shares in the placing, at the company's all-time low share price of 2p. 6) Management indication that in the next 2-3 years they can triple boe/d from 2500 to 7500 boe/d+, through a combination of development projects in both Tunisia and Romania. 7) With reduced extraction costs of circa $9/boe, current EBITDA , with reduced SG&A costs, and assuming a conservative average $40 oil, is circa $27mn p.a. (330 days operating). P/CF of 5 times for delivering this level of cash flow consistently, is feasible, or starters. MC £100mn. A 5-bagger for placees. 8) Tripling production to 7500 boepd, same oil price assumption, with expanded reserve life index from the current 10.8 years: potential gross cash flow, $75mn, or £50mn. Valuation? £200-250mn? A potential ten-bagger over 2-3 years? Why not? Risks: 1) Geopolitical in Tunisia. 2) Russian gas pipeline delivery squeezes gas prices to domestic Romanian market in 2 years' time. 3) Management team fails to deliver the resource and production enhancements outlined in the placing. Operational risk. 4) Global recession, falling oil prices.
tradedesk1
20/12/2020
08:50
Divmad, I'm no technical oil man at all, I dare not hazard with a valuation on it as so many variables at play with oilers: management(v important), jurisdictions , oil price, sentiment. If this management executes well and they achieve the stated ambition of 7-8000 boe/d mid term given the low risk jurisdictions, the current mc is very good value imv.
2toptrader
19/12/2020
21:07
2Toptrader, what valuation would you apply to SENX's production, given its 64/36 has/oil mix and strong growth expectation over the next 18 months?
divmad
19/12/2020
10:50
Thanks for the info everyone. Interest on the debt was circa $3m a year so presumably that now goes straight to profit? I've also looked up RS and he is taking some large stakes in a number of companies. 8% of DELT for instance. Also seems to have done very well out of Touchstone -TXP. So I agree one to follow. It's not often a PI can buy in close to the placing price.
yellowdog
19/12/2020
09:38
This is one of the most compelling o&g plays I've seen recently. MC £24 mil , no debt, current production c 2500 boe/d with clear intention of adding c5600 boe/d within the next 18 months from low risk development work funded from own cashflow. Low risk jurisdictions as well. The game changer was the debt for equity swap from EBRD which essentially adds instant value for equity holders, I don't think they would have done it at 50c in the dollar if they didn't think that the equity would at least double for them to get their money back. ( EBRD locked in for 12 months). Compelling short /mid term trade and investment, the 2p placing should put a floor under the share price and even with the customary post placing flipping, there is good value in the underlying asset. hTtps://www.sharesmagazine.co.uk/video/serinus-energy-senx-jeffrey-auld-president-and-ceo
2toptrader
18/12/2020
19:07
I wonder who bought that 19mn block reported after the close?
divmad
18/12/2020
18:17
Richard Sneller goes 12.5% and theres another TR1 increase from Quercus Towarzystwo Funduszy Inwestycyjnych S.A. up from 3.08% to 7.12%. Getting interesting. With the legacy debt gone I can see this rerating to a similar mcap to that of txp and serica, see you somewhere around 30p.
tradedesk1
18/12/2020
11:24
You have to wonder how a fund manager in a very high profile position at BG can take such a stake, when presumably his interests should put BG funds' interests first, if the investment idea is so compelling.
divmad
18/12/2020
00:35
He 5bagged ODX in less than 6monthsFollow the money
alexios1201
17/12/2020
18:30
Someone called Richard Sneller has acquired 12.5% of SENX. Who is he and is this a buy signal?
yellowdog
27/11/2020
15:53
Agree that below 2p these are worth a punt, fund raise seems more like a debt repayment.
novicetrade68
27/11/2020
12:47
Same 2p or lower worth a punt
laptop15
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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