Serinus Energy Share Discussion Threads

[me ole china] 30/8/2023 19:20

And how does this help SENX apart your pathetic attempt?

Do you know the issues here, chancer?

[tomboyb] 30/8/2023 13:28

RUSSIAN DEPUTY PM NOVAK: RUSSIA WILL CUT OIL EXPORTS IN SEPT BY 300,000 BPD VS JUNE -

News just out -

Oil prices boom -

[griffin63] 30/8/2023 09:41

Yes,sorry man.
It seems ridiculous where we are when we are making millions.

[manual dexterity] 30/8/2023 09:27

Hi

What I meant to say is that the selling looks to have dried up and not focused on todays trade which is indeed a buy.

[griffin63] 30/8/2023 08:45

It was a buy.

[manual dexterity] 30/8/2023 08:32

Hopefully that should be the last of the sellers at this level.

[mick1909] 24/8/2023 14:23

I think it could as it could still consolidate more while inventories are still high I'll have a look at it closer to October see where its heading you could trade in between then as can get 50% swings but risky

[mister md] 24/8/2023 14:00

Thanks - assuming a big move happens towards winter, will decay mean price will drop much in the meantime though ? Also only seem to be getting $ quotes for this instrument, not GBP ?

[mick1909] 24/8/2023 13:50

Initially it was the big drop in gas price and when a commodity consolidates those 3 x leverage etfs decay i see michael Burry gone long now on gas the amount of rigs producing has dropped significantly so if tgere is a bad winter it will explode i think like the last rise

[mister md] 24/8/2023 11:19

Mick1909- sorry for off-topic but still intrigued by 3NGL ETF which I know you have traded before - do you know if it has had a consolidation or is the extreme drop over past year or so purely due to the 'decay' effect like 3ULS/VILX etc experience too ?

[badger60] 24/8/2023 00:49

I pity the poor sods who very recently paid 3.5p+ ..........it looks like sub 2p again coming soon.

[badger60] 24/8/2023 00:43

Just guessing here but the undeveloped assets may not be commercial, and there ain't much cash to spend on development work after salaries and general running costs are paid for.The existing producing wells are running dry........which is what Auld and his mates are doing to SENX..................

[mick1909] 23/8/2023 12:54

Last placing i can see was Nov 2020 for 20 mil so not a stock that regularly places i may be in correct though

[trader4ever] 23/8/2023 10:49

check out share price history, they have lost 90% in last three years after raising funds. This is the most incompetent management you will ever come across, they have not delivered any positive news only Failures one after another.

[manual dexterity] 23/8/2023 10:27

Hi Mick. I've built a stake here as well. Sentiment here is rock bottom however looking at it further I've dived in for a stake here.

However I could be wrong looking at my EVG stake.

[trader4ever] 23/8/2023 09:00

Current senior management has no interest in this company, all they want is huge monthly salary as long as remaining funds last. They are bunch of crooks robbing shareholders money for may years

[mick1909] 23/8/2023 07:24

For a company to have a mcap of 2.5 mil and its still making a small profit is ridiculous it needs new management and clarity going forward to drive this now as the ceo has crushed shareholder value and sentiment

[researchcentre123] 22/8/2023 15:00

£4000 of shares sold and it drops 10%! If even the worst businessman on the FTSE (Auld) regards this as cheap to buy, it must be. It wouldn't take many buys to raise the price significantly

[griffin63] 21/8/2023 09:44

They're not gonna be there much longer.

[trader4ever] 21/8/2023 09:28

Three years ago J.Auld raised funds at approximately 25p per share (post consolidation) and within three years he has wasted all the money) Paying himself and his incompetent management huge salaries without delivering any shareholder value. So from 25 p to 2.5 p lost almost 90% of the share price in three years.

i hope he is not able to raise more fund as he has no credibility left. he will definitely destroy the remaining cash as well what ever is left.

In the last three years NO success only delivering FAILURES consistently.

For new investors, be very careful before investing in this company, It is run by the most incompetent management you will ever come across. They are only interested in paying themselves huge salaries.

[manual dexterity] 20/8/2023 10:24

Rns finally dictates the seller has departed. With the new buyer we will have to wait to see whom is whom however equity has been taken up.

[mick1909] 18/8/2023 21:05

Whats he need to call a egm to propose this? And id imagine who is recommended that pi's will vote as well as they been shafted big time

[researchcentre123] 18/8/2023 20:27

Must be him. He looks like he knows what he is doing ....and probably smart enough to find a new CEO and put him up for election which I don't think he'll have trouble finding support for

[mick1909] 18/8/2023 15:15

https://www.gurufocus.com/insider/13912/michael-j-hennigan