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SENX Serinus Energy Plc

2.40
0.00 (0.00%)
06 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serinus Energy Plc LSE:SENX London Ordinary Share JE00BNNMKT29 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.40 559,310 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.30 2.50 2.40 2.40 2.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec USD 15.84M USD -13.02M USD -0.0881 -0.27 3.55M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:14 O 250,000 2.342 GBX

Serinus Energy (SENX) Latest News

Serinus Energy (SENX) Discussions and Chat

Serinus Energy Forums and Chat

Date Time Title Posts
26/1/202518:46+700% from here. 96
27/9/202409:17Multi bagger alert80
15/4/202412:36Serinus Energy Plc2,409
02/5/202306:40Serinus Energy45

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Serinus Energy (SENX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-02-06 16:28:152.34250,0005,855.00O
2025-02-06 12:46:042.34299,8297,004.01O
2025-02-06 12:19:532.349,459220.96O
2025-02-06 08:58:392.33220.51O

Serinus Energy (SENX) Top Chat Posts

Top Posts
Posted at 06/2/2025 08:20 by Serinus Energy Daily Update
Serinus Energy Plc is listed in the Oil & Gas Field Services,nec sector of the London Stock Exchange with ticker SENX. The last closing price for Serinus Energy was 2.40p.
Serinus Energy currently has 147,794,571 shares in issue. The market capitalisation of Serinus Energy is £3,547,070.
Serinus Energy has a price to earnings ratio (PE ratio) of -0.27.
This morning SENX shares opened at 2.40p
Posted at 29/12/2024 13:56 by jaknife
Let's take a look at Serinus Energy (SENX), which is being ramped across the boards by some delusional idiot.

The last Q3 results reveal a perpetual loss-making company:



P&L
* Losses for the nine months to the end of September were $2.6m on a pitifully low revenue of just $12.2m

Cash Flow
* Cash flow is better, as there's a large depreciation charge but, nevertheless, the company started the year with $1.34m of unrestricted cash and, after 9 months, had $1.27m of cash so it's a cash burner as well
* Because of the poor cash flow the company was forced to place at 2.5p to raise funds just before Christmas
* The company wanted to raise £1m but, because there was so little interest in the placing, they only managed to raise £0.67m
* Since the placing the share price has fallen further and is now at just 1.95p

Balance Sheet
* The balance sheet is a hopeless mess with $14.4m of current liabilities compared to just $9.2m of current assets - hence it's technically insolvent on the current ratio
* There are $65.7m of PPE and Exploration assets on the balance sheet, which are obviously over-valued and need to be impaired - the assets generate pitifully low revenue and ultimately losses!
* Accumulated losses are $402m!

Conclusion
Serinus Energy is yet another AIM dog that needs to raise cash every year to support its ongoing losses. Avoid like the plague!

JakNife
Posted at 20/12/2024 15:38 by tabhair
Everyone seems to have given up on this share, sentiment is abysmal.

The situation clearly isn't great, but is the negativity overdone? Assuming the VAT refund comes the company will be in a solidly net cash position. Xtellus put their money in at 2.5p, you can currently buy shares on the market at just under 2p. I don't imagine they took part in the capital raise without any conditions. Perhaps this are giving this one last shot to turn around. If it doesn't they will own enough shares to push for a sale of the company.
Posted at 20/12/2024 09:47 by researchcentre123
It takes a certain skill set to take a share price and collapse it 10x in 3 years. Auld should run a course on how to be a reverse Warren Buffet. Greatest skill is clearly sounding plausible but not knowing how to execute
Posted at 16/12/2024 10:03 by researchcentre123
I think Auld has met with his priorities...big salary and I hate to think what goes on expenses. Beyond that he just needs to hold his position. A small company needs someone with an entrepreurial background who has skin in the game that he has paid for IE not rewarded with increasing chunks of the share capital because he has so devalued the company.
Posted at 16/12/2024 09:06 by researchcentre123
I think you're a bit optimistic valuing Serinus on what went on in Poland. If I'm not mistaken (and I may be) the symbol there is SNUYF. Between June and November, the price there collapsed 10 times. There were 200 shares traded in November. There is no market there for these shares. I can see Auld would like to keep the listing as it makes it more difficult for anyone to take over the company (if I had a Polish broker I could bid the price through the roof for a tenner then the arguement should be any takeover must happen at that price) but it's not a realistic value. The value of this company is whatever the assets are worth minus however damaging you think Auld is. Given he's burned through £12m, I'd say he's quite a nightmare. If Serinus have a serious person lined up to replace him and a plan, then there is some hope for the company. Hopefully they do, otherwise given Aulds inability to project management (oh dear, can't progress the well for 2 years, never mind, I'll ask shareholders for cash to pay my salary) I don't think there's a great future.
Posted at 13/12/2024 08:02 by patio58
Auld was wasting money for years doing share buy backs and ran out of money and now raising funds at record lows. The guy is a charlatan.
Posted at 09/12/2024 09:30 by trader4ever
J. Auld is a liar, he has been lying for the last 5 years, he wasted over 12 million raised few years ago at a price of 20p+. he should have been fired long long time ago, he does not have any mental ability to perform any job let alone CEO.
Posted at 29/11/2024 10:01 by researchcentre123
I actually question what is the real value. Auld came up with some figure comparing reserves in this company with those of others. That was the best arguement for a higher share price. However I haven't looked at how much if those reserves are in Romania with their windfall taxes. Not much good having reserves if the government takes the profit if you pump it up.
Posted at 26/9/2024 18:34 by hussyo
We now have 7 individuals/ organisations who own over 54% of the float, so even small amounts of aggressive buying will see the price spike. Xtellus has done what any good broker/dealer does, and scooped up stock without moving the price, and as much as retail is maligned, it will come down to retail buyers to move these shares beyond 10p.
I've spoken to the person behind the Xtellus accumulation, and they believe the uptick in production at N-2 (de-watering) & W-1 (sidetrack) will come within 6 months and lead to a very substantial increase in NI. They also suggest Auld will almost certainly pay a divi next year, and that is drawing in IIs.
The BoD is cognizant of the fact a vast amount of money - c 8x of current market cap - was lost on dead end projects in the last 3 years. They are determined not to repeat those errors.
In respect of SENX and the oil price, it carries less weight versus the company ramping up production, which is good as Saudi has dropped it's $100 b ambition. Wells Fargo sees Brent AVG $70 through 2025, though predicting oil 12 months ahead is a fools game. Andurand got horribly burned last year.
Posted at 20/9/2024 09:49 by researchcentre123
I suppose even someone took it over at double the current share price, they'd get the cheap assets at 1/10th their price and a free listing. What we need is Gordon Gekko, if anyone has his number
Serinus Energy share price data is direct from the London Stock Exchange

Serinus Energy Frequently Asked Questions (FAQ)

What is the current Serinus Energy share price?
The current share price of Serinus Energy is 2.40p
How many Serinus Energy shares are in issue?
Serinus Energy has 147,794,571 shares in issue
What is the market cap of Serinus Energy?
The market capitalisation of Serinus Energy is GBP 3.55M
What is the 1 year trading range for Serinus Energy share price?
Serinus Energy has traded in the range of 1.90p to 4.65p during the past year
What is the PE ratio of Serinus Energy?
The price to earnings ratio of Serinus Energy is -0.27
What is the cash to sales ratio of Serinus Energy?
The cash to sales ratio of Serinus Energy is 0.22
What is the reporting currency for Serinus Energy?
Serinus Energy reports financial results in USD
What is the latest annual turnover for Serinus Energy?
The latest annual turnover of Serinus Energy is USD 15.84M
What is the latest annual profit for Serinus Energy?
The latest annual profit of Serinus Energy is USD -13.02M
What is the registered address of Serinus Energy?
The registered address for Serinus Energy is 2ND FLOOR THE LE GALLAIS BUILDING, 54 BATH STREET, ST HELIER, JERSEY, JE1 1FW
What is the Serinus Energy website address?
The website address for Serinus Energy is www.serinusenergy.com
Which industry sector does Serinus Energy operate in?
Serinus Energy operates in the OIL & GAS FIELD SERVICES,NEC sector