Soco Share Discussion Threads

[flyinghorse1] 04/5/2019 09:38

Mick1909,
You asked about SOCO Vietnam crude quality a while back- i dont know the exact API but it sells at a premium to Brent ( or has in past) so i suspect its in the plus 30 API range.
FH

[mick1909] 04/5/2019 09:10

Let's hope trump sticks to sanctions on Iran and its oil as the last time he backed down oil took a big decline and soco is only beginning its upturn dont want to stop that do we

[lauders] 04/5/2019 01:19

Thanks for that macnai.

The share price mirrored the top line performance; on April 25, 2014, SOCO's share price on the London Stock Exchange was ~416.4 pence, now on April 23, 2019, the market was ready to pay only 76 pence.

Tell me about it! Thank goodness for the safe and set to continue dividend here, that has helped to a very small degree! Now let's just see if this Merlon acquisition can turn the "super-tanker" around. Would prefer it to be a smaller vessel but the speed may be akin to the former!

[macnai] 03/5/2019 14:57

"Merlon Acquisition To Drive Revenue Higher"
Nice article from Vasily Zyryanov on Seeking Alpha.

[knowing] 03/5/2019 14:17

7.5% yield looks healthy

[buywell2] 03/5/2019 09:10

OIL back to $50 is my call

dyor

[nigelpm] 01/5/2019 16:14

remember 5p is coming off next week - albeit the share price might not fully reflect that - I often find the market quickly moves on.

[lauders] 01/5/2019 11:50

Would be wonderful to clear 80p here. I think that would possibly signal a new trend. Bring on that news SIA BOD! The opportunity for a change of momentum is here for the taking IMHO.

[emptyend] 30/4/2019 17:20

Some of it is certainly a consequential adjustment of interests. Not all, though, I think.......

[nigelpm] 30/4/2019 16:56

From what I can see just a consequence of the Egypt transaction - however happy to be corrected if I'm wrong. Anyone?

[mick1909] 30/4/2019 16:45

Does anyone understand the holding RNS's have merlon reduced there size of holding??

[emptyend] 30/4/2019 10:36

...ermm.....no. It might be the "final dividend for 2019" but it is actually the final dividend for 2018. There is nothing to stop them changing their dividend policy and splitting the 2019 dividend, with (say) a third being paid out at the interim stage this autumn.

[ny boy] 30/4/2019 09:41

Next SOCO International Dividend
SOCO International next goes ex-dividend on 09/05/2019. This will be the Final dividend for 2019.

The dividend per share amount is 5.50p and the payment date is 31/05/2019.

[ny boy] 30/4/2019 09:38

Stay patient, I have seen stocks like this stay stuck in the mud for 6 months+, when they break to the upside and breakout, the moves can be substantive!

[nigelpm] 26/4/2019 23:00

And every month someone thinks they are one-off buys and someone corrects them - like clockwork on here at times.

[stepone68] 26/4/2019 12:55

These happen at the same time every month - it's a standing arrangement that's been in place for a couple of years.

[wynmck] 26/4/2019 12:45

2x Director Buys

[buywell3] 26/4/2019 09:22

Time for buywell to make his SIA call

IMO and based upon the chart and coming Global events it is 61p by the end of this june


dyor

[emptyend] 25/4/2019 22:43

Quite a relevant read here, for those interested in the oil price outlook.....https://www.telegraph.co.uk/business/2019/04/24/trumps-oil-war-two-fronts-biggest-economic-gamble-presidency/Not a bad position for SOCO to be in - ramping up production into a rising market......

[emptyend] 25/4/2019 07:56

Nope. Same with all apps......anyway...........I see that Tullow have restarted dividend payments.....with a prospective yield of under 2%.....

[rich2006] 25/4/2019 06:47

It is the app. I have been using an iPad for years
And it’s fine on the web version.
Cheap Apps lock the orientation
😊

[emptyend] 25/4/2019 00:13

app. But it is a general ipad prob.

[rich2006] 24/4/2019 20:48

EE
Are you using the app or web version of advfn

[emptyend] 23/4/2019 20:26

steved9....it does....but has no effect on mine....thanks anyway.

[steved9] 23/4/2019 17:00

Just to add to above go to settings - general to see if you've got the button set as mute or rotate lock