Member Info for Alessandro

Hi Sterowlands,

I doubt we will see airlines going up to the original levels in the short term.
Many airline companies had to reduce capacity (sell asset) to raise capital to cover costs and stay afloat. The surviving airlines will be smaller companies than what they used to be (broadly speaking)

I am confused regarding the income sheet. Turnover goes up year after year so does the admin expenses. As a result the post tax profit grows bigger and bigger in the negative . I am looking at data from 2014 to 2019. Not to mention the short term liabilities being much higher than current asset and cash, with an apparent poor quick ratio. Am I missing something here , how is this company staying afloat?

Definitely a bump on the road today
Will see how the market will respond tomorrow

That's my same understanding NewKOBT

Why would you see this specific stock to be suspended from trading? Any weakness should be seen as an opportunity.
what are the major customers of Serica? Can we experience contraction/expansion of demand of volumes due to the circumstances? (e.g. more gas for domestic heating, electricity generation for domestic use, etc.).

Im stunned by how the share price can be affected or manipulated by posts like this. I'm fairly relaxed about Monday although I'm very nervous about the direction the share price has taken

Low PE - Can the decrease in production help with the gas price?

The share price performance today may be due to today being the ex div date.

Thanks, that helps

Where can I find charts for oil and gas price? Are prices the same across various locations?

You say the industry is collapsing, so why to invest in oil and gas altogether if you cant see a bright future for a stock for at least the 20 years to come?

I would be happy to see 140-150p.
A move to the main market would help

Still 4 months before the FY results. The price will stagnate in this range unless some good news will be announced.

A boost in the gas price and an announcement on longer term of great hedges
Let's wait for mid March to see

Thanks for the responses and clarifications.
No need to insult or call me de-ramper (I have been invested here for a long time, besides I don't think I have that influence to manipulate the SP with my comments).
I genuinely wanted to know opinions from fellow investors, I liked the fundamentals of this company therefore I invested, I am not an oil drilling expert..

Is it matter of if or when, regarding the resume of production? I envisage there might be a delay in dividend pay-out following this accident

I used Stockopedia too in the past, it gives good hints but its useless analysing individual stocks I agree with you Ste. Most platform aren't good from that prospective.

Why stockopedia advises to short this stock? is it based on the trend, on fundamentals, outlook for the coming years or what?

The story on the hedging didn't convince me much. we are hedged heavily until Q3 2020 (if i remember well) but the presentation didn't clear doubts on further hedges and numbers. We need hedging at $2.70 to well cover the volatility on the longer run. the share price is being butchered. I wish I had a crystal ball to average down. I am not sure how low this can get!!

Yes $2.70. They dont say for how long they will keep the hedges at that price.

I didnt believe it could fall this low. Maybe its simply the end of gas and oil