Sdx Energy Share Discussion Threads

[napoleon 14th] 07/3/2019 15:01

"A caveat of course being that this share isn't being manipulated."

Yeah! Like yesterday's actions at VOG! VOG up 10% today & very undervalued too.

[shakeypremis] 07/3/2019 12:18

hxxps://invst.ly/a7ve9

Crucial time, nearly broken out of the filthy downward channel it's been in since June last year. Doesn't mean it's going to the moon now but it would mean an important stepping stone on the way to higher prices.

[homebrewruss] 07/3/2019 12:02

Some more coverage:
'SDX Energy targets production boost'


and also on the shareprophets site:

[jimboau] 07/3/2019 10:07

So little interest in this share it would seem!?

[shakeypremis] 06/3/2019 12:07

Nice piece there homebrew, thanks for posting it. It really does highlight what many of us see that the market - so far - seems incapable of. A caveat of course being that this share isn't being manipulated.

I don't think the guy's analysis of South Disouq takes in to account cost recovery either so revenues will be higher than he forecasts. His revenues are broadly similar to what I came out with. I used a US$2.85 gas price and assumed no condensate production. He does not talk about condensate production but uses a gas price of US$3, which is probably about right if you add on condensate production. Hopefully the condensates will add a little more.

[homebrewruss] 05/3/2019 18:40

'SDX gassed up and ready to go'

[andyforster1] 05/3/2019 11:18

Agree Shakey but 35p was and still is ridiculous.

[shakeypremis] 05/3/2019 11:04

Andy, I think there's a long way to go before 'common sense' can be said to have been re-applied.

[andyforster1] 05/3/2019 10:57

Common sense has prevailed. First stop 40p before news flow. Easy money at this price

[hiddendepths] 01/3/2019 12:04

shaky - I use II as well but the online brokers all pretty much use the same dealing boards. (the full service brokers have access to others too and those such as IG who can play the derivatives games). I didn't try for any lower than 5000 shares!

If there's stock around I haven't got time now but will top up later.

[royaloak] 01/3/2019 10:56

IG L2 sell 50 K @ 34.1 buy 100 K @34.3

[shakeypremis] 01/3/2019 10:29

Hidden, what broker are you using? I can't even get a quote for £40 worth on Interactive Investor lol

[hiddendepths] 01/3/2019 10:14

Interesting - can't buy even 5000 shares online, let alone the 40,000 I was looking for. And I don't mean at 34.5p, I mean there is no quote at all.

The seller must indeed be finished.

[andyforster1] 01/3/2019 09:56

Exactly. The Talk of a raise to fund a deal that nobody has any idea about is scaremongering and should be viewed as just that.

[hiddendepths] 01/3/2019 09:55

Seller cleared? At any rate they've backed off.

Seems the dearth of news flow, as expected, is being treated as bad news. A bit of a harsh assessment imo.

But I have noticed hefty selling in many smaller stocks over the last few weeks - several stocks I've bought into have been purchased at or near the bid price. I don't know who is selling or why they're doing it but I'm taking the opportunity to pick up attractive smaller shares cheaply. Given that there is usually a substantial spread, this is welcome!

[tournesol] 01/3/2019 09:54

There is no BP deal

[andyforster1] 01/3/2019 09:45

So tell me any of the details of the BP deal.

[homebrewruss] 01/3/2019 09:45

We don't know if the BP deal will come back. Something else may come along.
I've bought some more anyway on the drop.
Feels like good value here with the increased production coming shortly and other organic and inorganic growth planned.

[shakeypremis] 01/3/2019 09:23

Andy, if they are pursuing the BP deal again they will almost certainly need to stump up money and they don't have much spare after the CAPEX requirements they've already got planned. Enough basic research for you?

[andyforster1] 01/3/2019 09:14

Don't usually post on SDX but what is this absolute bull that their looking to raise cash ??? All capex requirements this year are covered from the balance sheet and cash flow. Why try and talk the stock down when very quick and basic research will show this to be untrue. The weakness is coming from stock being ported from the TSX, SIMPLE. Could there be further weakness?? Absolutely. Will it rectify itself over time ?? Absolutely. Does a situation like this offer a gift ?? In my opinion, Absolutely.

[homebrewruss] 01/3/2019 08:59

Seems pretty cheap now with the production they have coming on late this half.
What price are you looking for phowdo?

[rollthedice] 01/3/2019 08:37

Even without a potential deal SDX have quite significant capex commitments and free cash has fallen significantly. Placing is pretty much a dead cert anyway (IMHO) unless they go the debt route which would be dicey in a risk-off market. Of course we could see a SQZ-BP-like deal which added significant production at the right price and share price shoots through roof but the price action & my gut are telling me to sit on my hands even if that means a dearer top-up/entry point!

[shakeypremis] 01/3/2019 08:16

If there was a problem with the BP deal due to dual listing then tsx delist would also make sense. MEA would certainly buy in to any discounted placing. I do hope we aren't about to get screwed over. We should probably vote against the delist. Their reasoning is BS I don't trust them. They're up to something and the share price could be getting walked down to fund a placing.

[keithr39] 28/2/2019 23:40

Every time Schachter was talking up beat about SDX on BNN the stock was reacting instantly on the TSX Venture market. Sometimes up to 10%, and settled back down the day after. At noon, he did talk about SDX and mentionned the coming TSXV delisting, the share price reaction followed. I bet we move back up tomorrow...

hxxps://www.bnnbloomberg.ca/market-call

Pretty interesting, he mentions that the company got problems in the BP deal because of the dual listing, implying two different regulations. So, maybe we are heading back to the BP deal, just another bet...

And shakey mate, your theory is what crossed my mind when they justified the delisting with the saving on costs BS...

[neo26] 28/2/2019 20:45

shakey

you should ask that question to PW, see what he says.

This is absolutely ridiculous, 31p its trading in canada at present.