Sdx Energy Share Discussion Threads

[haideralifool] 19/7/2019 12:01

Could be people trying to recover losses here by buying AMER!

[1rickyb] 19/7/2019 11:53

Followed by yet another fall . How depressing this dog has become .

[neo26] 16/7/2019 15:30

Nice rise..

[parisv] 15/7/2019 10:35

July presentation:

[neo26] 14/7/2019 11:26

Its fallen under 30p due to delay in sd production and reducing morocco targets. PW leaving also.Once new ceo appointed we will start seeing a recovery, dont forget half year out soon.

[shakeypremis] 14/7/2019 09:35

Needless to say, if I double up or so on these positions bought in the teens and mid-twenties I'll likely have to sell them. There's a hell of a long way to go to get back up to the highs we saw before (if indeed they are ever seen again) and it almost certainly won't go up in a straight line. The way this share trades and the number of people that are underwater (essentially everyone who's ever invested lolol, given we're at an all time low) there will be selling at every level. There will be trading opportunities if one has the stomach.

[neo26] 13/7/2019 17:58

There isnt one is there...:))Next 6 month certain double from current price if it isnt i will eat my hat..

[neo26] 13/7/2019 16:21

its for individual investors to decide, 10p a share is a mkt cap of 20m. :-)

PW has gone he was over optimistic will timelines, oil and gas is being produced. Further 3D seismic has been done in both Morocco and SD , Egypt (not cheap), plenty of new targets for gas and oil.

Fact is they are producing 3700boepd.

600boepd is gas in morocco which gives excellent returns, over $10 per mcf, resulting in over $17m net in sales.

Gas facility in Egypt is nearly completed by Jan 2020 SDX will be producing over 8000 boepd.

This is not a dodgy company they have 2p reserves of 13mmboe, if you value one barrel at $5, that alone is worth $65m just on reserves. Company is producing and has infrastructure.

Bygones are bygones and now at these levels we have a company which had no debt and is heavily undervalued.

CHALLENGE for the haters: name another company on aim which is valued at 37m, no debt, 3100bopd production and also producing 4.3mmcfd sold at $10 per mcf, owns a pipeline in morocco, currently installing a pipeline in egypt to transport minimum 50mmcfd from SD find, has 11m in bank, has 7m in receivables to get.

JUST ONE COMPANY!!!!!!!

[tournesol] 13/7/2019 13:40

Shakey

It was cheap at 30p, and again at 25p and yet again at 20p. At some point it might be cheap at 15p or even 10p.

Problem is that a reputation for dodginess and for disappointing investors can stick for a very long time.

[shakeypremis] 12/7/2019 16:54

I bought some at 18.7p this morning. Against my better judgement due to the size of my holding but geeze it's cheap.

[jungmana] 12/7/2019 12:37

I think anyone buying this under 20p could triple their money by 2020. too oversold imo and i decided to get in yesterday afternoon. will buy more next week hopefully

[tombul] 11/7/2019 23:51

I heard that Mr. Pinocchio's hotdog business is not doing well either.

I also heard that Mr. Pinocchio had a plastic surgery to apply for a new CEO position SDX recently posted.

[neo26] 11/7/2019 16:11

A leading oil and gas executive search firm has commenced the process for the recruitment of a new Chief Executive Officer.======I wonder who will get appointed..

[jungmana] 11/7/2019 15:58

Watching closely :-)

[neo26] 11/7/2019 15:18

JungU waitin for results on zen and then pile in here. By then it might be back to 22p.Rofl

[jungmana] 11/7/2019 14:32

See the flurry of sells. The seller wants out and has been going on for weeks

[neo26] 11/7/2019 13:51

shakey end of 2020 not 2019, my bad....

[shakeypremis] 11/7/2019 13:47

Seems a bit much. Will try to have a look later.

[neo26] 11/7/2019 13:36

we are blue :)

didnt the edison report say they will have 17p/share in cash by dec?

[neo26] 11/7/2019 11:40

I recall srb fallin to 23p as a result of apparent seller, then all of sudden for no reason it surged to 78p.Just need a catalyst here and sometime in future we all will be sayin what a gift we had at 18p..:)

[neo26] 11/7/2019 11:01

At these price its certain no brainer. I thought 30p was but 18p is a absolute gift..Strong buy..

[shakeypremis] 11/7/2019 10:53

I know I can dump my entire holding in to the market no problems lol. So someone's clearly buying.

[shakeypremis] 11/7/2019 10:37

Haider, there is large upside here if management can finally execute. Now that the SD infrastructure has been largely built and paid for, any extra gas finds they make in the area can be tied in for not all that much compared to the cashflow they'll generate. Will they find more gas? Who knows but based on previous success I'm certainly willing to wager that they will and they'll be able to sell it by the sounds of things too.

Morocco however is a little bit of an unknown, if the demand there doesn't materialise we could never see sales greater than say 8mmscf/d. It would still be a very profitable business and further drilling would STILL be justified. Economic gas reserves are valuable in their own right and they would mean SDX could ensure certainty of supply for many many years. They could also decide to do something else with any larger gas fields they might find, like build a bottling facility for instance. They can sell that stuff for $18/mcf and there is a clear market it out there for it.

It all depends on whether management can actually execute and whether this company doesn't get taken out on the cheap.

I don't know if someone large is selling out but the volume is pathetic. There are clear shenanigans going on regarding significant holding notifications. They just don't bother notifiying. I seem to remember last year or the year before some HNW picked up a lot of shares and didn't notify for a very long time afterwards. Same thing could be happening again, either selling or buying.

[jungmana] 11/7/2019 10:18

Someone wants out of this and the selling could drag the price further down.I was tempted at 22p but did not get in.Still watching.