Member Info for Bridgedogg1

Tomorrow looking like £3.55 if there is no update.

An update will take it to £5+ IMO

How much + will depend on the reason for the delay and whether the latest contracts are included in the update. If it was merely a PWC delay and the EL contract is included then £6+ is doable after a week or so. The analysts will be srabbling to lift there price targets that's for sure.

Seems that only Permian is taking note of what is going on outside of the company official announcements. We've pretty much had a guarantee that there is no material issue with the accounts. Permian already own a sizable chunk so will be bang up to date with their DD. The fund only has a few holdings so it has no choice other than to watch them closely and react immediately to any news or shifts in price. They see this as a massive opportunity and I wouldnt be surprised if they continue to add up until he accounts are released.

Personally I wasnt a holder before the accounts issue so its presented a nice opportunity to get in a good company at a very good price but I would be very annoyed with S4 if I had been a holder. They basically wiped off a huge amount of value due to unclear comms. Just one additional line in the RNS would have prevented a £1bn sell off, and refusal to provide a clarification update following the sell off just beggars belief.

Anyway, I think this is a great company in the right place at the right time and wouldn't mind holding for a year or so to see £10.

Just a bit of recovery after yesterdays sell off and SMS comments will have reassured some that are watching this. Should gradually climb now until results are released.

Harry is the highest paid CEO on AIM relative to partial progress made.

Looks like the buyers bot has been turned back on today after being conspicuously absent yesterday. Still battling with the seller bot but larger numbers going through on the buys.

Seeing many articles quoting SMS today very positive that word is getting out. I’m all tapped out after buying more yesterday so would be happy to see the results land soon please!

Shocker…. Not

Will it be a cash raise if flow test required?

Classic bear trap on the chart. Should finish at same as open then big rise tomorrow.

The previous guy retired from day to day but stayed on as non exec

Basically convertible loan note funding with warrants with 7% fee and 12.5% interest… someone is making money here!

So that’s $20m to find Cuda purchase that was already raised for and $10m to fund drilling that was supposed to come from ‘from internal resources’

My calculations put the new production at only just above the hedge requirements based on latest product took figures.

This was all inevitable because the company is in such a state. At least this gives breathing room on the current debt that we can’t afford.

“we confirmed that the results would be in line with market expectations, the range of market expectations.
So I think that's very explicit. If there was anything material to report of significance, we would be obligated, both PWC and ourselves, obligated to report it. So I would just say, just stand by for further news.”

Third quarter update:

Year-to-date Revenue up 101% and 56% like-for-like
· Year-to-date Gross Profit/Net Revenue up over 91% and almost 47% like-for-like
· Year to date like-for-like Revenue and Gross/Net Revenue profit two year stack up 65% and 63%

Plenty of oilers have over 1 billion of oil in place. Just look at 88e - multiple billions of barrels under their land. All that matters is whether you can get it out commercially. Until the wells are drilled we won’t know what is there and what can be extracted at what price.

So 16 wells this year, conservatively that’s £80m. We are already maxed out on the credit card, can’t afford repayments and potentially have a deal going through which will take all amour cash. In the meantime we are not meeting our production hedge obligations and we need to spend a lot of money of a pipe for the Shannon facility. We need clear guidance on where this money is coming from. A large placing and more debt means it’s a make or break year for COPL, currently producing 100bbls from the last drill isn’t going to cut it, even if it was a vertical we are looking at around 3x on the horizontal - not huge numbers for the cost and considering the hedge shortfall.

Yes this is just a matter of time before the results are released and it returns to £5+IMO. In the meantime I’m happy to add at anything below £4 so further delay works fine for me.

https://seekingalpha.com/article/4501425-s4-capital-a-big-bump-in-the-road

Nothing new, nice round up of compelling investment case and recent troubles

Looks like no one wants to pay more than 0.3p. Previous floor now becoming resistance?

So my comms with the company have allayed my fears somewhat.
“The statement speaks for itself. We and PwC would be obligated to announce anything regarded as material.”

Also they have said that the guy quoted in the Bloomberg article Morgan Stanley analyst Omar Sheikh has since released a subsequent positive note but I can’t find it. Any ideas?

“ Eight agencies from across the UK, Denmark, Canada and Australia are competing for the coveted Creative Agency of the Year at Campaign’s third Global Agency of the Year Awards.
Three British shops – St Luke's, The Brooklyn Brothers and Uncommon Creative Studio – are on the eight-strong shortlist alongside two businesses from Canada (Rethink and Zulu Alpha Kilo), the Danish agency &Co, Special Sydney in Australia and S4 Capital’s MediaMonks.”

Looking into PWC Netherlands in glassdoor and noticed most people recently saying no work life balance, long hours and lack of staff resources.

Maybe it’s just as simple as that.

Mergers with companies in Italy, Brazil, Asia, sales force, it’s going to be a big ask if they are already short staffed during reporting season.

The value of the Estée Lauder Europe contract?

Charts suggesting nice up to 340 maybe 360 but wtfdik

That’s u retesting, do you know the value of the contract?