Sdx Energy Share Discussion Threads

[neo26] 21/11/2018 15:32

Theres the rebound...

[darola] 21/11/2018 15:05

Rising off low volume. Hopefully sellers are few and far between now and this will continue. Looking forward to results in the next few days. (I’m certainly not selling anymore)

[tournesol] 21/11/2018 10:46

Potential

That's old news

Already posted here last night by ShakeyPremiss just 4 posts back.

Do keep up.

[potential] 21/11/2018 10:26

Very promising from Paul-- all potential investors should watch https://www.brrmedia.co.uk/broadcasts/5bd34532355d672cd52408ca/121-oil-gas-london-sdx-energy-vox-pops

[darola] 21/11/2018 09:36

I did the opposite, sold a few (less than 5% of my holding) for another opportunity and it’s showing as a buy.

[neo26] 21/11/2018 08:55

Within 7 working days we will get q3 results.

[wayhay] 21/11/2018 08:47

PW also mentioned Tunisia , He has never done that before , watch this space . Topped up yesterday 43.8 , showed as a sell .

[neo26] 20/11/2018 20:54

shakey

one was the circle deal, the 2nd who knows?

They have said they looking for more assets!!!

[shakeypremis] 20/11/2018 20:29

1:44 PW taking about two deals? What deals? I think this has been manipulated down to do a placing.

[potential] 20/11/2018 20:04

I second that !! Another top up for me today :-)

[neo26] 20/11/2018 18:18

Darola

Last quarter they had $25m cash, have no debt, producing 5800 boepd, cashflow $3.5m-$4m per month, successful 2018 and will continuing to explore into 2019.

MKT cap only 89m, mkt has gone bonkers.

Advice to everyone, dont over leverage yourself, you cant lose on sdx, keep holding, this company is actually making money.

[darola] 20/11/2018 17:08

*puts head in hands and wacks it on the desk*

[neo26] 20/11/2018 15:10

hopefully should bounce from here...

[neo26] 20/11/2018 12:51

Shakey

for South Disouq to be online the date given is 28th Dec 2018 by PW, its tight a couple of weeks here and there dont make a difference.

Whats really important is that the company is not vulnerable, they can continue there exploration and growth while other companies may have to stop. Debt free makes alot of difference and the high margins in Morocco is excellent.

All imho

[thegreatgeraldo] 20/11/2018 11:04

The "Championship" is Div 2. Obviously

[shakeypremis] 20/11/2018 10:30

Neo26, I am not having a go at the company. I think it's a fantastic company and I am buying more shares at these prices because it's dirt cheap. I am just just not optimistic that PW's targets for Morocco and SD will be met this year. He has a track record of being slightly over-optimistic. But as I said, what difference would 3 months even make anyway? Sod all in the grand scheme of things but I am simply saying the market probably won't see it that way given how badly it rates SDX.

TGG, presumably you are referring to the Championship?

[neo26] 20/11/2018 10:10

ShakeyLets say they dont get them in production but at present they are debt free and make over 30m pound free cash flow per annum, so the company is trading 3 times cashflow and ignoring the other assets.Its cheap, wait it out.Imho

[shakeypremis] 20/11/2018 09:52

I very much doubt that 8mmscf/d is going to be hit in Morocco by year end, I also doubt that they are going to get South Disouq online by year end either. To be honest though it doesn't really matter to the company and it's prospects if both are delayed by a few months or whatever. The market won't see it that way though and this will get punished... again.

[gisjob2] 20/11/2018 09:51

What has happened to the South Ramadan result ?. Is this going to be hidden in results.

[neo26] 20/11/2018 08:43

Well they have until end of nov to produce q3 results.They expecting to produce 8mmcfd in Morocco and 75% belongs to them with average price of 10mcf.Great thing about sdx is they have no debt and its all low cost.

[neo26] 20/11/2018 08:31

Just added some more. Bought under mid...

[darola] 19/11/2018 19:41

Josef Schachter still adding....

[duckdown] 19/11/2018 17:03

Put the company up for sale!