Southern Energy Share Discussion Threads

[tom111] 25/5/2023 11:38

From yesterday difficult to know buy/sell

[tonytyke2] 25/5/2023 11:29

Mmmmm a 500k trade......

[jungmana] 25/5/2023 09:54

My hope is we see hh gas price at $5 this summer . I can't see it going back to prices enjoyed last summer/autumn when SOUC was getting 3 to 4 times (ie $10+) compared to the price paid today (about $3)

[little minx] 25/5/2023 09:00

The MMs here have been playing it for months. Suddenly a little drop and i wonder why!Now is it our Bulgarian friend or somebody else?

[jailbird] 25/5/2023 08:41

Looks like mates rates to me

[little minx] 25/5/2023 07:50

So why pay more for a 100k sell? Is our buyer still around?

[tom111] 25/5/2023 05:40

Qatar energy minister warns "the worst is yet to come" for European Energy shortage.The ministers have criticised overly aggessive energy transition policy.Taken from Offshore Technology wb site

[bountyhunter] 24/5/2023 19:13

A geared correlation? The deal has probably helped.

....................................

....................

[tom111] 24/5/2023 17:39

Hi jungmana yes i am hoping the gas price rises at least starting in the summer when the a/c gets switched on and follow on with the start of the fall.There seems a backlog of gas supply atm due to maintainance work at Henry Hub.When that gets started we may see better times.I hope you recoup your loses here you have been here a good few months i know GL

[jungmana] 24/5/2023 16:14

Good timing Tom, I remember you selling at the time. Am still under water here and just glad to see us moving back up.Imagine if we are back to being paid $10+ for our gas like last summer then we should see 60p+ again

[tom111] 24/5/2023 15:58

Sold out @ 63p months ago at a small lose,hope to have better luck this time round

[jungmana] 24/5/2023 14:46

Another gas producer am watching closely is kist but not in there yet.

[jungmana] 24/5/2023 14:43

We had the placing last summer at 54.5p . Is all down to the gas price drop since then

[sos100] 24/5/2023 13:10

The stock was 80p last year!

[moonshot3] 24/5/2023 13:08

Looked back at the RNS. Steven Smith (Director) bought last year at 0.858 Canadian Dollars. At todays exchange rate about 51p.

[moonshot3] 24/5/2023 13:02

Directors bought around 55p a share a while back, I think.

[little minx] 24/5/2023 12:37

I think it's quite surprising how quickly the share price moves.

[jailbird] 24/5/2023 12:26

Been very good , like I said it is amazing how quickly sentiment can change

[little minx] 24/5/2023 11:32

I do wonder if our Bulgarian friend is buying more.

[jungmana] 24/5/2023 11:23

Been a good rise from 17p to 25p in a few sessions but a lot more to come imo.Depends largely on the price of gas going forward

[jailbird] 24/5/2023 11:05

SOS,Slicing is my favourite strategy , it is a sensible and de-risks any volatility I like to sleep at night when I hold my investments I have learned the hard way too and have learned from my previous mistakes ... always learning

[sos100] 24/5/2023 11:02

only a matter of time before you would post this :)

[jailbird] 24/5/2023 10:45

Sliced a few today .Brought my average to really teens now Happy days , market forward pricing in it looks to me Or could be more news or come soon

[moonshot3] 23/5/2023 20:30

Thanks KS. Let me go back and have a look at your numbers and try and fathom why Auctus and SOUC talk about break even of $1.80 - $1.90 and OPEX of $ 0.77 / mcf, falling to OPEX of $ 0.5 / mcf for multi well development on Gwinville. Like you, I was wondering where the royalty charge and finance costs fitted in to the breakeven calculation.