Sdx Energy Share Discussion Threads

[plentymorefish] 07/7/2017 08:33

Well, I'm fully out now, lesson learned. Good luck for those that decide to stay. I should have listened to my gut when I felt PW was being over optimistic and less than clear on the numbers etc on occasion. Oh well, c'est la vie!....:)

[puzzler2] 07/7/2017 08:33

Sit tight and wait

[pjj71] 07/7/2017 08:30

Is it worth waiting for the 20s to buy or dip the toe in at 35??

Not sure....

[fozzie] 07/7/2017 08:30

Wow and I thought I was very clever buying at 47 yesterday.

[basem1] 07/7/2017 08:28

Can't buy online below 46.5 ?? True price 45p ??

[royaloak] 07/7/2017 08:28

Quote

44.5 / 45

Actual

45 / 47

[deltrotter] 07/7/2017 08:22

Yup basem.

[basem1] 07/7/2017 08:19

People panic selling......time to add I believe.

[tli8jaguar] 07/7/2017 08:02

The share price is now nearly pre SD1X level, so are you going to sell or buy today?

[brasso3] 07/7/2017 07:13

If someone can find me a better share for value than SDX I will be impressed.

[haideralifool] 07/7/2017 06:06

If malcy's couple of gems insight gets anywhere, it looks as if the cash pile will be reduced somewhat. Hopefully, the company will get improved returns on it.

[guyswonga74] 06/7/2017 19:33

Nice to have a cheap entry price here. Fill your boots

[tli8jaguar] 06/7/2017 17:29

Bostonborn, how do you know I hold SDX alongside RDSB?

[bostonborn] 06/7/2017 17:23

The only question to ask yourself, with respect to the above positive and negative comments; are you are a trader or an investor? Both have different criteria for buying shares. Also how balanced is your portfolio? etc etc. If you hold SDX alongside Royal Dutch Shell and other fairly stable companies etc, for example.

[dsmith57] 06/7/2017 16:32

Thanks for your perceptive insight del.

[deltrotter] 06/7/2017 15:59

Yes - a lot more people have been selling than buying.

[novicetrade68] 06/7/2017 15:59

Investor sentiment! But it's an opportunity for some too...

[dsmith57] 06/7/2017 15:57

Is there any rational explanation for the fact that this profitable little company with exciting discoveries and prospects has lost over 12% of its value in less than two days?

[guyswonga74] 06/7/2017 14:02

Took a position this morning. Looks very cheap and once seller has cleared this will fly back up

[neo26] 06/7/2017 13:05

Cash

He said q1 2018 latest for sd1x well.

With regards to Morocco he wants to fill our pipeline to 24mmcfd, but he has conceded the 7 wells they are drilling wont do that.

Adding an additional 6mmcfd from these drills will do me as it will significantly increase our cashflow, dont forget our share presently from the 6mmcfd (4.5mmcfd net) producing we are currently generating$13m free cash flow.

All is not bad for a company valued at 90m with no debt and has $40m in cash and receivables...

[cashandcard] 06/7/2017 11:19

He indicated in the interview they want production up and running at SD-1X by end of Q1 2018. It may happen sooner, but possibly later if negotiations drag on regards pricing.

I think they should focus on getting Morocco a few more production wells up and running as soon possible. They also talked about unitising NWG (or was it Meseda?) by end of Q2 with offset operators acreage. This is the oil and gas industry, things slip I guess.


Cash

[neo26] 06/7/2017 11:11

DeanI agree..90m value for a company which is making money and has around 40m in cash and receivables.Can't believe the way the mkt has reacted...PW will have to take some of the blame, but hopefully he will learn..

[deanroberthunt] 06/7/2017 10:43

Malcy reckons it's silly stupid cheap and should be bought out