RE: Prices, debt and production27 Apr 2021 19:06
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
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