We have oil, we have gas, bopd is up, reserves are up, debt free, someone in charge that knows investment banking and how to run a business and has 30+ years O&G experience - market reaction a negative one.
Other plays on AIM 10-20x more shares in issue loads of debt, don’t have proven reserves and have a drilling program funded by PIs - SP rises on anticipation (however, previous drills have returned nothing)
Honestly you couldn’t make this up, head down load up SP x6 the price of LSE in Poland even a mid point at 50% makes this a no brainer. Broker ratings 8.5pps
If you can afford to buy more and hold excellent investment imo
Well decline rate was touch on in the interview he done.
He talks about well cost and daily recovery, when a well can pay for its self rather quickly with a minimal decline rate which is normal I don’t see why this is a negative.
To assume a well operates at max output without decline for its life cycle is absolutely ridiculous.
If PIs are selling for that reason they shouldn’t be investing in Oil and Gas stocks
Crazy to see this lower than a couple of days ago with Q1 interms due tomorrow. We are either flushing which I do t think we are I think we will see large worked but trades after hours likely MM trying to fill them.
Prediction is a flat close with out of hours trades in the blue.
Looking forward to tomorrow
Looking forward to the interview Monday with Q&A
Look h forward to stock influencers post and discussions on Twitter etc to their followers.
Still relatively unknown but word will spread quick just need to give this a little time to build the momentum which when it comes will really see the SP re-rate imo GLA interesting days, weeks and months coming!
This will grab the headlines on Q1 interms
Once the RND lands and the company do the interview with Q&A a few stock investors will cover the story on social media and get our profile up movement will be seen later on this week and into next as this starts to get out imo
Well I am more and more impressed about this guys leadership and transparency by the day.
Q1 interms to land this week and if that wasn’t enough he is going to run over everything with a interview on Monday 17th with a Q&A at the end for shareholders.
He knows this is massively undervalued, the Q1 interms will show this is massively undervalued. So what better way to sell your company to potential ii or PIs than to do a interview with Q&A discussing aspects of the interms and the further and the direction we are heading.
Nothing to hide here guys, this man is trying to shout out from the roof tops, potential, potential, potential only going one way and today is the start of the shift change - GLA
Get the profile up
To be fair he didn’t say they where making 10m a 1/4 he said “when”
Farther to this you opinion is based on last years accounts. These where suppressed due to price wars and Covid. A lot has happened in the business model to reduce cost dramatically.
Q1 interms due in the next 2 weeks conclude then would be better that splitting hairs.
There is a given window up to Q1 interms
PIs watching will have known this, with the seller finished and what looks to be the bottom, PIs should look to position them selves and the SP should gradually pick up.
Will be nice to see the likes of Zak Mir and Share Talk give their opinions and spread the word to their followers.
Still relatively unknown and missing of PI radars imo
Incredibly undervalued IMO
Everything stacks up Q1 results should show a very clear way forward for the SP
Once the next RNS lands hopefully news gets out, as said before pushed this on the Zak Mir radar and Share Talk who will be running with the Q1 results as it’s all going to be very positive
Did reply but didn’t post lost WiFi
The PE is projected earnings
There was an upper word limit on my post so could expand, however thought it was self explanatory that to miss payments meant that revenues where low as I mentioned Saudi v Russia price wars and Covid global pandemic.
Anyway seems to be ironed out just need the volume
The accounts are due Friday 30th so nothing much more than we already know.
Q1 interm results should an increase in production and the way forward these are due in 2 and a bit weeks.
It will be like chalk and cheese as last year everything was hindered by price wars and Covid.
So Q1 interm results will show a different picture and show the market exactly what they are looking at (which imo is very positive)
The current PE ratio is (minus) -1.36 this was more than likely down the debt and being unable at one point to make a payments.
The debt is now paid and a correction should be made to the PE ratio which is expected to be +4.98
If Q1 interns show a profit of X multiply these by 4 x PE4.5 - this shows you that the broker rating is reserved at 8.5pps
When will PIs start to buy?
For me SENX needs to get its profile up.
Social media is relatively quiet as is the chat on LSE.
I have tweeted a few times and got the attention and replies from Stock Talk and Zak Mir the hope is that these guys will cover SENX in detail and get the word out to their listeners in the coming weeks.
We look to have found the bottom. What we need IMO is a little bit more coverage and everyone could be doing their part.
I’m in share chat groups of you look at SENX they have 121 where as COPL has 933 shows you the difference as to being on radars.
I’m expecting volume to start picking up realistically from Friday / Tuesday as PIs start taking positions for Q1 interms
A few more TR-1 showing increased positions could accelerate this somewhat.
I’m sorry I cannt be more specific I just cannt get my head round how PIs are buying in chasing rainbows on other AIM stocks and we SENX have low shares in issue, infrastructure, low cost, Gas tied into the network, oil production, no debt and still only a £36m MC
Problem with some investors is they follow the hype but stick in companies for 0.01p and are told it’s going to 50-£1 when the company has 20billion plus share in issue and in ground reserves of £200m
SENX has billions of $$$$ in the ground low shares in issue and idiot investors are not buying as it’s 3p
Some simply cannt do simple maths and divide MC by shares in issue. Then look at further revenues and do the same. This is my pet hate about AIM full of people following fabricated hype, more so following this lockdown.
Anyone reading this post seriously don’t jump with both feet when given or seeing a tip.
Read the accounts, DYOR & make your own mind up.
How many have lost a few quid on the latest pump and dumps?
You get a share like this and because the Twitter ramp brigade haven’t heard of it they aren’t pumping it.
The rise will come but the steadier the better of it spikes people trade it, if it’s steady it flushes profit takers out along the way but creates a stable platform.
Hoping we can make that 5-6p mark before the traders turn up.
There are some good posters on here listen to
Revenues are also calculated with the PE ratio if this flips to +PE4.8 as previously posted by someone there will be a massive rerate on MC by the market.
Sp slowly ticking up on buys just need the volume.
As I keep saying this is relatively unknown on AIM it’s not on a lot of PIs radars and when it does hit those radars we will ultimately see the volume.
Looks like the bottom to me and we are all on before the herd.
When the market cap surpasses £50m ii also start taking positions this could pick the volume up before the herd arrive. So perfect storm brewing.
Just happy to have a low average here and be holding before things start getting interesting
Most don’t make money on shares because they sell them as soon as they buy them.
Most cannt wait a few weeks to see things play out.
There is a saying cannt see the wood for the trees.
No sharp spike in SP and they are off to the next rainbow.
There is accounts due this Friday. There is Q1 in-terms due in two and a bit weeks. The two as a comparison will be used to view the direction and support the SP movement north by the market.
A very conservative broker rating has been issued from shoreCapital of 8.5pps
We have seen what happens when we get a little bit of volume here so expecting fireworks when the comparison is made and the increase in revenue and cash in bank is proven.
Time to sit back and relax GLA