Sterling Energy Share Chat (SEY)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Sterling Energy	LSE:SEY	London	Ordinary Share	GB00B4X3Q493	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+0.00p	+0.00%	13.25p	13.00p	13.50p	-	-	-	590	09:47:01

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	3.3	-6.7	-3.0	-	29.16

Sterling Energy Share Discussion Threads

Showing 32976 to 32998 of 33000 messages

Chat Pages: 1320 1319 1318 1317 1316 1315 1314 1313 1312 1311 1310 1309 Older

Date	Subject	Author	Discuss
25/4/2018 08:05	Interim management statement out today: hTtp://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SEY/13617206.html Just looking back, in 2014, SEY had $121 million (of our money) cash in the bank and now they have a paltry $47.3 million. It has cost a ludicrous amount of money for SEY to extricate itself from Mauritania (SEY's share $32.6 million, great negotiating when all you are doing is blowing other folk's money). After all these years, I'm not even sure what Mauritania actually achieved, apart from underpinning the company's excessive operating costs. Unless there's some kind of wildcat miracle, I can see the cash reserves dwindling down to zero in the next few years and that will be the end of that. In which case, despite everything that has happened in the meantime, at the first sign of the Chinguetti operational problems in 2006, and from a shareholder's perspective, SEY were effectively bust.	septimus quaid	Read Full Thread Reply
26/3/2018 14:42	Ok ,it is worse ...peel hunt says "add" and price target now only 15.5p today	tarlok	Read Full Thread Reply
26/3/2018 11:35	Xiggly, spot on IMO	roguetreader	Read Full Thread Reply
23/3/2018 07:37	Thanks for results.....only good bit for future growth,,, "Numerous technically sound and material upstream opportunities have come to the market and were pursued by our team during 2017. No deals were concluded in the year, although due diligence is ongoing on a number of opportunities. " and the cash on hand of approx £35,000,000 .	tarlok	Read Full Thread Reply
22/3/2018 20:05	Full Year results out today, for year ending 31/12/17, earlier than normal (although can't be much adding up to do these days). hTtp://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SEY/13576584.html	septimus quaid	Read Full Thread Reply
22/3/2018 15:23	And Peel Hunt says..... Buy 16.00 well could have been worse...again !	tarlok	Read Full Thread Reply
16/3/2018 16:35	so over a million shares traded today ....who is buying and selling ?	tarlok	Read Full Thread Reply
13/3/2018 07:12	If you really believe that anyone can drill commercially in Somalia you need medical advice,look at how much Range Resources spent it was all a scam, if some reason anyone found anything the warlords/ Govt gangsters will take it off them the only decent thing to stop the directors ripping off more money is to liquidate the company and distribute the cash.	thetoonarmy2	Read Full Thread Reply
09/3/2018 15:56	Not much good news ,but looks like a buy 11:23:38 13.2500 587,848 price 12.6000 bid 13.7000 ask	tarlok	Read Full Thread Reply
09/3/2018 13:06	A 587K buy this morning, does someone know more that the most of us? Then as the share price is down a touch...is it a misreported sell.	optomistic	Read Full Thread Reply
05/3/2018 19:31	The main forward-looking activity seems to be: "The Odewayne [Somaliland] part of the Government sponsored 2D seismic program commenced in early June 2017 and the acquisition of 1,000kms full fold data was completed on the 24 August 2017. This part of the campaign satisfies and exceeds the minimum (500km) work obligation for the current Third Period, for which Sterling is fully carried by Genel for all costs. The Company expects final processing results in late Q4 2017 to Q1 2018 and will thereafter complete its own technical evaluation of the data." So perhaps we will hear something about this soonish???	rrr	Read Full Thread Reply
05/3/2018 17:44	Sadly it doesn't look very good to me. Nothing positive for ages.	rrr	Read Full Thread Reply
05/3/2018 17:02	Are they still in the Oil Game or are we just paying out for a load of dead wood running this company into the Ground ?	puffin1	Read Full Thread Reply
27/1/2018 08:40	So we have confirmed CHINGUETTI OIL FIELD - TERMINATION OF FUNDING AGREEMENT ,the last uncertainty of cash liability, markets hate unknown ,so we now know its cash reserves are $50 million and assets , so should move share price.	tarlok	Read Full Thread Reply
23/1/2018 18:01	Is this piece of sh1te likely to see 40p anytime soon so I can take my money out? The other option is the riskier, averaging down and get out soon as it is close with minimal loss	roks	Read Full Thread Reply
08/1/2018 12:55	And broker Peel Hunt says shares are worth .......18p and a buy , well could have been worse .	tarlok	Read Full Thread Reply
06/1/2018 08:48	Nice to see someone positive yesterday with there money and buying nearly £15000 worth of shares ( 100000 @ 14.9 p )	tarlok	Read Full Thread Reply
05/1/2018 15:33	Takes a lot to kick this pos into action, so i'll go back to sleep for now lol	melodrama	Read Full Thread Reply
05/1/2018 15:33	Aye, Cayman based, CEO gone and major share transfer, been picking small amounts up as Mktcap still less than cash taking into account provisions and creds	melodrama	Read Full Thread Reply
05/1/2018 15:10	So we have our answer , Zion SPC - Access Fund share price have brought the shares !	tarlok	Read Full Thread Reply
30/12/2017 17:32	It's being primed to be stripped of it's assets (cash ) they have lost money over the last 3 years with no real desire to invest in new venture , not good if you have been a long term small holder , might be worth a punt at 8p for a bounce .	jotoha2	Read Full Thread Reply
30/12/2017 16:18	But the million dollar ( or $4.000.000 ) question is who brought the shares ? any idea out there ?	tarlok	Read Full Thread Reply
28/12/2017 10:31	It appears that YF Finance has disposed of their 36.6 million holding.	optomistic	Read Full Thread Reply

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