Sdx Energy Share Discussion Threads

[kaos3] 26/11/2018 08:03

good results and reporting. I like the reasons for missing end of year output targets

[tournesol] 26/11/2018 08:00

Hi Shakey

Arithmetically speaking, you are obviously right. But gas sales/purchases are done via long term contracts, so changing the price is not something that can happen over the short-medium term.

Whilst that is perhaps a negative when prices are rising overall, it is a positive when they are falling.

The thing it does is to smooth price volatility and provide forward visibility of earnings. Which should generally be a good thing.

[the drewster] 26/11/2018 07:57

qtr on qtr improvements, great cash generation, still growing, very strong set of results.

[captainfatcat] 26/11/2018 07:56

Q3 results out

[shakeypremis] 26/11/2018 07:44

Tournesol, I never said they should charge as much as the market can bear. But if bottled gas increases by x%/mcf then if sdx were to increase their charge by say 0.5x%/mcf then they'd make more money and as long as the customers could pay it then I don't their would be too many complaints.

[tournesol] 25/11/2018 14:34

Shakey

The price of bottled gas is already much higher than the price that SDX charges.

I think the restrained approach to pricing is a quid pro quo for

a) excellent licence terms
b) zero tax charges

If SDX charges as much as the market can bear then they might risk losing either or both a and b.

[napoleon 14th] 25/11/2018 10:40

Buywell3 - sorry, but that's a road of borrocks....

[shakeypremis] 24/11/2018 08:14

A permanently higher natural gas price might help SDX sign higher-priced gas contracts in Morocco in the future if the higher natural gas price causes the bottled gas price that everyone is using to rise.

In Egypt they probably won't have much luck getting higher pricing. Maybe if they can bring on a lot more gas in the future and natural gas stays high.

[darola] 23/11/2018 22:42

Point proven I think. Absolutely clueless.

[thegreatgeraldo] 23/11/2018 20:41

Don't spoil the eejit's fun with facts!

[gisjob2] 23/11/2018 19:59

Buywell,

Natural gas price has nothing to do with the price SDX receives in Morocco which if anything has actually been rising for SDX due to the lack/price of readily available alternatives.

Oversupply in the gas market is one thing, there's no oversupply in Morocco

[matchmade] 23/11/2018 19:58

Er, most of SDX's gas is sold on fixed-term contracts, not on the open market.

[buywell3] 23/11/2018 19:40

He does

Oversupply in both gas and oil

UK GAS-Prices slip as bumper supplies lead to oversupply
in General Energy News 23/11/2018


Uncertainty grips oil market this month as global over-supply ...
Proactive Investors UK-5 hours ago

Natural Gas Price Forecast – natural gas markets rally to close out the ...
FX Empire-1 hour ago
The natural gas markets initially broke down rather significantly ... same time it's only a matter of time before oversupply becomes another issue.

[rimau1] 23/11/2018 19:20

Buywell does not researchwell...

[darola] 23/11/2018 18:22

Well researched bw3? You do know that most of SDX production is gas? Which is rising.

[buywell3] 23/11/2018 17:32

Yet another OILY with a chart reflecting current OIL malaise

A FIB drop of 50% current last high to circa 37p seems chartwise a reasonable call

How any poster can post bullish comments with OIL in oversupply and dropping beats me

[ifthecapfits] 23/11/2018 08:03

thanks. I hadn't seen it before.

[haywards26] 22/11/2018 21:04

Not sure if posted before or not, but interesting and positive

hxxps://cube.investments/sdx-energy-misunderstood-and-undervalued/

[neo26] 22/11/2018 09:02

Low volume still moving, i think news imminent..

[potential] 21/11/2018 21:59

Hope many of you took the opportunity to top up at these rock silly prices.. next 4 weeks will be very interesting, so to speak...

[potential] 21/11/2018 21:58

Wasn't for you mate - so please keep up with actually reading the message!

[neo26] 21/11/2018 18:52

rimau1

the results will be out 100% before the end of the month unless the world ends. :-)

[rimau1] 21/11/2018 18:15

I have had to pay 45p today but should be a bargain long term, expecting results before the end of the month.

[momentum1] 21/11/2018 17:20

Plenty of cash in the kitty and throwing off 4m per month hardly strapped for cash

[neo26] 21/11/2018 15:51

Mm's chasing stock, tight spread...