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 Shares Traded Last Trade
  0.00 0.0% 11.95 2,500 12:02:14
Bid Price Offer Price High Price Low Price Open Price
11.50 12.40 0.00 0.00 0.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -1.21 -0.53 26
Last Trade Time Trade Type Trade Size Trade Price Currency
12:33:50 O 2,500 11.509 GBX

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Date Time Title Posts
03/7/202014:34Sterling Energy PLC - 2020 and beyond18
21/5/202017:02sterling energy - a new beginning - sangaw 20106,252
10/7/201713:45Sterling ... somthing is cooking 2
28/9/201609:23We need a 'Sterling' effort to move the sp north in 20096,128
12/2/201509:32WHAT THE FUCK IS GOING ON ?106

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Sterling Energy (SEY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-07-08 11:33:5211.512,500287.73O
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Sterling Energy (SEY) Top Chat Posts

Sterling Energy Daily Update: Sterling Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SEY. The last closing price for Sterling Energy was 11.95p.
Sterling Energy Plc has a 4 week average price of 10.50p and a 12 week average price of 7.85p.
The 1 year high share price is 11.95p while the 1 year low share price is currently 7.30p.
There are currently 220,053,020 shares in issue and the average daily traded volume is 95,415 shares. The market capitalisation of Sterling Energy Plc is £26,296,335.89.
septimus quaid: I wonder, from herein, if it will be possible to place a ruler against the share price and follow the downtrend until the directors have spent all the (our) money to company extinction?
xiggly: optomistic / septimus our only hope is SEY finding oil in somalia when or if they finally do drill which i would imagine will be the back end of 2020 , trying to sound optimistic hear , you would like to think they have pretty sophisticated state of the art equipment to locate the brown stuff and they have been doing there homework so there may be a good chance of them actually finding oil , lets also not forget nobody has ever drilled for oil in somalia so there is a good chance there is alot of it there , just out of interest what do you think the share price would actually rise to if they did finally find a gusher , would £2 sound about right to you guys or is that a bit to optimistic , not sure about you but the share price would have to rise to about £6 before i even broke even -----
zengas: Brief history with Waterford and UK listed Emerald Energy (EEN). EENs share price had bombed down to as low as 0.1p (tenth of a penny) in 2003. Their operations were in Colombia. In mid 2003 Waterford got involved in a refinancing and held a susbtantial chunk of the company. The refinancing was done at 0.25p (quarter of 1 pence). As there were a few billion shares in issue this would later be consolidated at 100 for 1 meaning the refinancing was 25p. 2 year later in November 2005 they picked up assets in Syria and a small placing at 158p (post consolidation) - a more than 6 fold increase in share price. 3 years and 9 months later in August 2009, EEN was sold to Sinochem for 750p/share (£532m m/cap) with the share price being north of £5 on/off in the preceeding 2 years. Waterford made 30 times their capital investment from 6 years earlier.
perestroika1962: A lot of misinformation on here: Xiggly: Somaliland is a carried sideshow with no commitment to Sterling. The main thesis here is Market cap is 40% below cash with little or no ($1.2 mm per anum net overhead over interest income) Tarlok: The Chairman Mr Kroupeev is totally aligned with Sharholders as he owns 29% and stands to gain much much more than his £200k per anum fee arrangement by getting a deal good enough to even reflect Cash value of 17 pence in the share price! Mr Kroupeev's (colloquially known as Michael Kroupeev but real name Mikail Kroupeev) past deals are below hxxp:// This page says Waterford (kroupeev) are working on something in the Middle East hxxp:// The interims here below interestingly mention Egypt solving their receivables issue "North Africa is buoyant given recent large discoveries in Egypt and the reversal of its long running receivables problem. There remains a clear appetite in this market for buying and selling existing production" hxxps:// A poster on twitter mentioned he heard Sterling were looking at Egypt Check out #SEY GMP Securities were appointed last October to assist in finding a good deal. (it wasnt until early 2018 did they know (and pay off) the Chinguetti decomm liability for $32.5 million so it would have been reckless for Sterling to act sooner than that. hxxps:// CEO only appointed June 2018 - a production of stranded fields specialist CEO has Egyptian Experience! hxxps:// With Share Price 10 p and cash 17 p, it will rocket on a production acquisition for example, in Egypt where United Oil and Gas recently announced last week a production deal, involving BP prepayment finance (non dilutive) hxxps:// Sterling have the cash ($45.5 million at June 2019) to rapidly become a £100 million MCAP
tarlok: Just what are they doing with there cash? Have given them a couple of ideas lol but still share price drops now under 10p. ! Is this the worst use of funds ,,,,ever ! The market must feel it's being so badly run and no future prospects to have sellers at this price ,, any one left out there to sell lol
zengas: cash don't know if you remember een - I was invested in it for a good few years and one of the most absolute dogs re performance until Waterford came along and invested in EEN with new assets and the old remaining. They achieved a minimum 25 bagger return when they sold it in a few years. They carried over some of the een people from memory and farmed out Sangaw in Kurdistan while reaching over a 160p share price on the same number of shares as there is now. It flopped and they were left with a range of high risk exploration and a producing field that was marginal with too many irons in the fire. There's been a change of personnel but I don't think you will see the main investors depart such as Waterford as this is still an ideal investment vehicle with no asset baggage other than a free carry to 1st well on the massive Odewayne licence. When they came into Emerald they didn't change names or anything as it was the quality of the asset that they brought at the time that delivered. As was then in een, as there is now in Sey, many investors/holders were/are stale and basically the sentiment at Sey now is a mirror image back in the old een days. If 2P/2C is introduced here it could be transformational rather than all high risk exploration.
tarlok: I may be missing something buts hears an idea , sey has $47,000000 in cash or about £35,000000 its share price is 11p giving market cap £24,000000 , so we club together and bid ,say £30,000000 or 25% premium on 11p thats 13.5p a share . we make on share price and have £5,000000 to share between us ! ,any takers lol
xiggly: RRR just the same old meaningless dross and rubbish they have been conning us with for the last 10 years or more , unless they finally find oil , something they have never done in there whole sorry history which is quite something for an oil exploration company,the share price will continue to go the way it has gone for the last 15 years or more until this miserable lot have bled it dry and wound it up --
nicky21: Guys you really need to check out COPL currently to buy 0.55p. A potential to be a multi baggar.It tried its luck in Liberia but failed to find any Oil.It is now concentrating in Nigeria.There it has partnered with Shoreline a Nigerian company. Copl and Shoreline have ventured together and created a company called Shorecan which is owned 50/50 by both.They have bidded for a Licence and are awaiting Approval and Transfer of Asset. The asset is OPL 226.Five wells have been drilled on OPL 226 by previous operators.A well drilled in 2001 encountered Oil. When all approvals are sorted then it will drill an appraisal well on the discovery in 2001.Financing for the drilling is meant to be secured for rumours are true. What is holding the share price back presently is NNPC approval. $60m was spent on this asset by the previous operator.the potential for Copl is huge. I know most of you gonna say its another Nigerian scam.IMO i think it is not.Presently we have 2 Nigerian companies listed on the LSE they are Egland Oil and Gas (market cap £250m) and Seplat Petroleum (market cap £850m) Copl management wants it to be a mid tier oil and gas company ie £250m-£500m All to play for.Current market cap for Copl is just under £10m.I think its one of the best plays on the LSE.
tarlok: 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.
Sterling Energy share price data is direct from the London Stock Exchange
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