Serinus Energy Share Discussion Threads

[firestorm911] 16/8/2023 15:59

Good luck, all genuine gamblers.

[badger60] 16/8/2023 10:23

How inspiring it is to see Auld buy 5000 quids worth of shares.....when he's getting paid 650 k pa.......WAC!

[badger60] 16/8/2023 10:07

As of 31 July 2023, significant shareholders of the Company are Richard Sneller (11.60%), CRUX Asset Management (8.42%), Quercus TFI SA (7.26%), Marlborough Fund Managers (4.20%), and Spreadex LTD (3.02%).

[badger60] 16/8/2023 09:37

Woof woof.....IIs unloading at these levels. Looking at net income, it covers Auld and his mates salaries and expenses, and Fxxx all for shareholders.

[super duper] 16/8/2023 09:10

Does anyone has the sharesholders list

[manual dexterity] 16/8/2023 09:05

I think the director purchase indicates to me that there is a clearout going on by a seller. Once finished then normality resumes. It certainly has created liquidity.

[patio58] 16/8/2023 08:58

Sellers out, buyers coming back in, should be a blue day after the ridiculous drop yesterday.

[manual dexterity] 16/8/2023 07:32

Serinus Energy PLC Director/PDMR Purchase of Shares
16/08/2023 7:00am
UK Regulatory (RNS & others)

Serinus Energy (LSE:SENX)
Intraday Stock Chart

Wednesday 16 August 2023

Click Here for more Serinus Energy Charts.
TIDMSENX

RNS Number : 4191J

Serinus Energy PLC

16 August 2023

16 August 2023

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 16 August 2023 -- Serinus Energy plc ("the Company") has been informed that Jeffrey Auld, Chief Executive Officer of the Company, purchased on 15 August 2023 an aggregate of 250,000 Ordinary Shares in the Company at an average price of 1.95 pence per Ordinary Share. Following the purchase, Mr. Auld 's total shareholding in the Company comprises 738,875 Ordinary Shares, representing 0.6478% per cent of the Issued Share Capital of the Company.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:


Serinus Energy plc
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External
Relations & Strategy [phone]


Shore Capital (Nominated Adviser & Broker)
Toby Gibbs
Lucy Bowden [phone]

Camarco (Financial PR - London)
Owen Roberts [phone]

TBT i Wspólnicy (Financial PR - Warsaw)
Katarzyna Terej [phone]

[bri15] 16/8/2023 07:12

JA bought £5K worth of shares,that i think we would all agree is an absolute p.ss take,the man really does need to go now, complete and utter waste of space he is.

[terminator101] 16/8/2023 07:07

So Jeffrey used some of his $500,000 salary to buy £5k of shares and now owns £15k of shares total. Pushing the boat out huh.

[avenue_of_revenue] 16/8/2023 02:04

N-2 Well Workover in Tunisia
2 May 2023 07:00

Sabria is a large, conventional oilfield which the Company's independent reservoir engineers have estimated to have approximately 445 million barrels of oil equivalent hydrocarbons originally-in-place, of which only 1.6 % has been produced to date.

[firestorm911] 15/8/2023 19:41

Does anyone need SCAP to tell them the obvious?

[manual dexterity] 15/8/2023 18:36

Serinus Energy: Catalyst needed to unlock ‘deep value’, says Shore Cap
Published: 14:48 14 Aug 2023

nvestors may have fulminated at Serinus Energy PLC (AIM:SENX)’s trading update this morning, but equities analysts at Shore Capital Markets have offered an alternative viewpoint for what it now sees as an undervalued stock.

Jersey-based Serinus, which has operations in Tunisia and Romania, saw its revenues drop to US$8.9 million in the six months ended 30 June 2023, compared with $29.3 million during the same period in 2022.

EBITDA, gross profit and funds from operations also saw sharp declines, registering at $0.5 million, $0.8 million and $0.4 million respectively.

This resulted in shares being sent 16% lower as the new trading week got underway.

Yet this was “very much as we expected and consistent with prior updates”, said Shore Cap, continuing: “We continue to see strong potential for Serinus’s production enhancement work in Tunisia to drive meaningful increases in well deliverability in due course.”

Analysts see “deep value on offer” at Serinus’s current share price of 3.12p, though there are some caveats.

An “appropriate catalyst” will be required for Serinus’s “very considerable value to be unlocked”. In other words: “Some positive newsflow is likely required to drive a meaningful share price recovery."

As a house broker, Shore Cap analysts did not make any recommendations on the stock, though they did note that the US$23 million in net tangible assets on the balance sheet equates to around 15p per share, implying “a multiple of the current share price in its own right”.

[mick1909] 15/8/2023 16:45

This stock should gain peoples attention now the seller is out if it goes on the top of the risers board tomorrow then it will

[firestorm911] 15/8/2023 16:37

Let's see how it will pan out, mate. Good to see you in better spirits.

The uplifting in September will probably be double the current Mcap. It seems an II cut out and provided the liquidity, as another eagle eye poster stated.


The UK market is an uninvestable place for anything more than a dead cat bounce. Now investors are just hoping for a miracle. Many companies are floating in the US. It's bad governance in the UK, and FCA is utterly useless.

Regards,
F911
RMC

[avenue_of_revenue] 15/8/2023 16:21

Hey firestorm911, nice to see you here.

I took 250k around 1.8

For the bounce and as you put it in your latest post. GL.

[firestorm911] 15/8/2023 14:43

The Company has scheduled the next lifting and expects to perform this lifting in September 2023

-- Production for the period averaged 677 boe/d, comprising:
o Romania - 144 boe/d
o Tunisia - 533 boe/d


Possibly 65000-70000 boe at $85 in September.

This is going 4p+ by end of October.

The Crew is loading up in bucket loads all way to 4p.


Regards,
F911
RMC

[firestorm911] 15/8/2023 13:44

Hi Guys

What's happening here? 2.86p or back to 2.911p? Who knows.

Crude back $85, 7th straight week of rise.

Regards,
F911
RMC

[mick1909] 15/8/2023 13:26

Its not a stock which dilutes granted they haven't offered shareholder value as it has been decimated i think it has created a good buying opportunity as the mcap is ridiculous low @ just over 2 mil this could be the floor from here

[epifanio1] 15/8/2023 13:18

1p placing coming lol

[puphead] 15/8/2023 13:07

Rude not to, all for less than £2m mcap. Taken from Six Months Interims: "The Company continues to be in a strong position to expand and continue growing production within our existing resource base. The Company is debt-free and has adequate resources available to deploy capital into both operating segments to deliver growth and shareholder returns."

[solo4yous] 15/8/2023 12:25

Taken some