Soco Share Discussion Threads

[the argus] 12/2/2019 16:34

The last TU said mid-Feb for TGT-31P coming onstream so, hopefully, we should hear something shortly.

[0rient] 12/2/2019 14:42

Be good if they gave us an update pumph...cant see it though as they act like a big company and do not report on single wells?? At 250m market cap i would say we are a small cap oiler now & need all the help we can get to generate some interest! Although volumes slightly better recently you still can't buy/sell in any decent amounts..frustrating!

Every single oiler on my watchlist & i have a few are up today by decent amounts on the oil price rise today except for SOCO!! Zzzz

[pumph] 12/2/2019 10:26

I wonder how TGT-31P has gone ? Would be good if it’s been a success.

[0rient] 08/2/2019 20:33

SP has only gone up since the riddler has arrived so keep it up :-))

[goblin99] 08/2/2019 20:18

What is the war of the worlds if it is not the Battle of Narva. Patience will reward those that await the change in direction of the chill wind.

[ed 123] 08/2/2019 17:11

It's good to see the volume picking up too. There are signs that the seller(s) are still active, but they are gradually wanting a higher price. It could yet fall back from this level, as it has a couple of times previously. As ever, time will tell.

If it breaks 80p I predict Jeffries will increase their 74p target. ;-)

[ed 123] 08/2/2019 16:59

Hi WBecki. I'm not sure Stepone68 will like be addressed as a dead rag and bone man. ;-)

(Loved 'em both, Wilfrid Brambell and Harry H Corbett.)

[wbecki] 08/2/2019 15:40

3rd time lucky Steptoe!!
:)

[stepone68] 08/2/2019 13:35

Yeah, it's great isn't it. I got the timing spot on at 91p last Feb, and again at 86p last September.

[nigelpm] 08/2/2019 12:36

Yup, I'd agree and I got the timing right for a change - very helpful!

[0rient] 08/2/2019 12:23

Has definitely felt like a bottom has been forming in the low 70's..onwards & upwards and hopefully some news soon 👊🏻👍🏻

[0rient] 07/2/2019 18:57

Good man nigelpm..both good buys. I bought 200,000 HUR this afternoon & hope to purchase more on further weakness. Markets every know & then give you an opportunity..HUR with the unfortunate rope incident and SOCO with this depressed price & high yield! Both great opportunities although I'll probably get rid of HUR when they announce successful hook up 👍🏻

[nigelpm] 07/2/2019 18:44

Bought both - HUR and SIA gulp!

[0rient] 07/2/2019 18:26

Considered buying more today but bought HUR instead..the lack of volume stopping me from adding. I've banged on about this before but its a big reason stopping institutions from adding..why would they add when its almost impossible to get rid off when needed. Hope the company addresses this 👍🏻

[stepone68] 07/2/2019 12:36

Just was I was thinking, goblin.

[goblin99] 07/2/2019 12:19

Alas, I chill and have my doobistani, am reminded of the fisherman and the businessman. The illusion of having already what we seek, but being blind to what we know.

[ed 123] 07/2/2019 10:14

Good find, Lauders. :-)

So, they really are seeking to expand in other countries.

Regarding this India round, with 145 bids for 25 contracts, it's very possible Soco won't land the one it tried for. Government is aiming to release the results by the end of this month.

Looking at trading in the shares, the seller(s) are still active, dripping out enough to absorb any buying interest.

[lauders] 07/2/2019 01:19

Hmm... Interesting:

Global resource major Vedanta put in bids for 21 DSFs, including one in which the company has emerged as the sole bidder. British oil and gas company, Soco International, marked its maiden attempt to enter the Indian sector putting in one bid for one DSF.

[0rient] 05/2/2019 18:51

Hope this is code for some kind of take over but i somehow doubt it! Be good to get just two up days on the bounce..pulling teeth springs to mind!!

[goblin99] 05/2/2019 18:25

Yes, the fog transcends, but the sun rises from the west.

[goblin99] 04/2/2019 22:37

Ah, I feel the chill wind doth blowest here.

[3800] 04/2/2019 12:21

thanks for that EE

[alamaison5] 04/2/2019 08:16

73p on the real BID