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Share Name Share Symbol Market Type Share ISIN Share Description
Sterling Energy Plc 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
  0.00 0.0% 16.50 16.10 16.90 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.2 -0.5 - 36

Sterling Energy Share Discussion Threads

Showing 33051 to 33072 of 33150 messages
Chat Pages: 1326  1325  1324  1323  1322  1321  1320  1319  1318  1317  1316  1315  Older
DateSubjectAuthorDiscuss
13/10/2020
15:13
13-9-19 The Government of the Republic of Somaliland has granted a continued extension to the current period of the Odewayne Production Sharing Agreement ("PSA"). The expiry dates of the relevant exploration periods under the PSA shall now be: Third Period: 2 November 2020;
excellance
11/10/2020
10:16
Because now is a great time to pick up some very good cash producing assets that may be struggling with finance. M&A is the name of the game in oil and gas right now. Look at PMO premier oil, share price down 90% due to hugely over leveraged position, and then there's spirit oil owned by centrica, and dozens of others. Oil is over sold and will only rise from here next summer.
excellance
11/10/2020
08:45
Excellence, Apart from drawing fat salaries and fees, they have done next to nothing for years besides screening assets. What makes you think anything is about to change? I mean, why would they trouble themselves with the responsibility of running an oil company with costs, production and oil price to worry about ?The is the best gravy-train strategy I've seen from any AIM lifestyle management. Just keep screening assets endlessly and pick-up a salary for doing so.Shareholders will have little to no way or measuring the performance of these so called endeavours.Cash
cashandcard
11/10/2020
03:56
There are some fantastic oil and gas opportunities out there for companies with cash. Mind you I'm not sure we can bank on the "experience" here at SEY. I am however hopefull of some positive developments shortly, after all we have an aim listing, $44m in the bank, and, a potentially excellent asset in Somalia with a top partner and low cost to us. All we need is to acquire a private business with producing assets that needs cash and a listing. Exciting year ahead.
excellance
28/8/2020
13:41
After that hard won 3p climb, nice fall...now that's the SEY we know! LOL
optomistic
29/7/2020
12:59
just to remind myself, year ending 31/12/19, SEY had circa £34.5M cash in the bank ...with 220M shares in issues, equates to 15.7pps
septimus quaid
28/7/2020
13:01
been ticking up over a number of weeks, maybe free cash has some appeal!
septimus quaid
24/5/2020
23:10
three year down trend is now broken, breakout confirmed, but no idea why!
excellance
24/5/2020
23:09
free stock charts from uk.advfn.com
excellance
23/5/2020
13:28
free stock charts from uk.advfn.com
excellance
23/5/2020
13:27
i have to confess to selling out in 2010 immediately after taking advantage of the 40/1 share consolidation and open offer taking a nice little opportunist profit. i did hold a few for the failed sangaw drilling in kurdistan but limited my exposure to reflect the high risk. Delighted SEY got rid of the USA business and that the dwindling chinguetti field came to an end without massive cash penalties. cash position at that point was $120m, and despite several projects since SEY now only has $45m in the bank and 34% free carry on an exploration license in Somaliland which wont drill for another two years. So what can we expect in the next 12 months and why are credit suisse holding and YF increasing their holding? The market is awash with distressed oil companies, so opportunities abound right now, but with economic activity increasing post covid and central banks providing infinite liquidity surely now is a great time for SEY to poach some producing assets to provide long term financial security? free stock charts from uk.advfn.com
excellance
22/5/2020
19:35
well, we don't know what goes on behind closed doors, but excluding a blue sky deal investors should be aware that they may potentially face a lengthy wait. However, with credit suisse holding firm and YF taking a stake maybe something is about to happen?
excellance
22/5/2020
18:37
so, no drilling of Somaliland for another 2 years, but we could get some interpretation data. meanwhile the bod continue to look at other projects. interesting bunch of shareholders!
excellance
22/5/2020
18:12
YF also own a large chunk of TAG oil for "investment purposes"
excellance
22/5/2020
18:12
these are the people who recently bought upto 4% of SEY MERIDIAN CAPITAL INTERNATIONAL FUND (WHOLLY OWNS YF FINANCE LIMITED) MERIDIAN CAPITAL LIMITED (WHOLLY OWNS MERIDIAN CAPITAL INTERNATIONAL FUND) ASKAR ALSHINBAYEV, NURZHAN SUBKHANBERDIN AND YF TRUSTEE (BERMUDA) LIMITED (CONTROLS MERIDIAN CAPITAL LIMITED) YEVGENIY FELD (BENEFICIARY OF YF TRUSTEE (BERMUDA) LIMITED)
excellance
22/5/2020
16:40
SEY board convening dodging shareholders at the AGM too. This is in limbo, the BOD are obviously working this on a part time basis, but surely the major holders will want to see some progress or have the cash returned to shareholders? Something has to give!!
excellance
22/5/2020
12:46
Very true, and the covid 19 disaster has presented many opportunities for those wishing to take them. The question is, why are there four fairly experienced directors on the Board of a company that currently has very little to do but holds a load of cash? Who is buying this and forcing the share price up when there isn't a story to sell yet Ok I bought a small chunk for the cash shell, not for the Somaliland free carry which is probably worthless anyway...but time will tell.
excellance
22/5/2020
11:13
SEY definitely dodged a bullet by not investing into any oil related assets in 2019, that would have been a total disaster.
septimus quaid
22/5/2020
09:51
Aren't Centrica trying to sell Spirit Energy? $45m would be a reasonable deposit!
excellance
22/5/2020
04:53
like an old virgin - no one is ok
kaos3
22/5/2020
02:33
Allegedly they've had 50 opportunities on their desk in the past year, but I'm not sure now is a good time for risky drilling if there's no cash for development for years. I'm hoping they don't enter stupid deals that squander their cash advantage, and instead go for royalties deals that provide distressed oil companies with liquidity during this short downturn.
excellance
21/5/2020
17:02
new thread created reflecting the new status as a cash shell/energy sector investment company.
excellance
Chat Pages: 1326  1325  1324  1323  1322  1321  1320  1319  1318  1317  1316  1315  Older
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