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SDX is proving to be a strange share.. despite the CEO having left, there seems to be a lot going for this company, yet the SP continues to either drop or not rise.. why?
Hi All,
It's been a while since I've looked at Gun, and having invested quite a bit of money two years ago I am rather disappointed that this company's hype appears to have fallen flat.
I wonder what the management are up to, apart from enjoying their ill-gotten gains?
Any ideas where this company is heading? Is there sunshine over the rainbow, or stormy clouds and doom?
Cheers GLA
Shurely we should see a rise?
Thanks all.
Guess that its sitting on your hands time. I predicted that SDX would be a pound plus by the end of 2018.. think we'll have to wait another year for this to happen.
The cops here are too busy investigating hate crimes and chasing speeding tickets, I doubt whether they have the resources to pursue the possibllity of insider share trading.
Hi All,
I am a long suffering shareholder of SDX who imagined and expected a lot from this company, but through misfortune this company has dipped below 50p. A year ago I imagined the company being a SQZ and being a pound plus, and recently if the BP deal a month ago went ahead I expected this to be at least nearly a pound.
SDX now appears stagnant and has seemingly lost its pace and value..
What's your views and guess-work of SDX's outlook and where the SP may or may not head towards given the current price and lacklustre performance??
I am an investor and have been observing this share for a while and the comments on this board. My sideline views is that this company is currently being mismanaged and the current BoD continue to collect their salary without care of the investors. What are they going to do in order to change our perception of them? Probably nothing is my guess.
I am sitting pretty on Trinity which is an amazing share to invest in.. fingers crossed this time next year this share should be around the 30 mark, and rising towards 40 in 2020. Great link and article from Investors Chronicle:
Trinity operates and produces assets both onshore and offshore, it has nine licences encompassing 1,165 wells of which 140 are active onshore, and 40 active offshore.
Trinity is free of financial liabilities and has a cash pile of $19m (£14.6m) means it has the funds to embark on a high-margin, low operating expenditure programme to boost onshore production at a time when the price of black gold is surging upwards in 2018. The plan is to target between 8 and 10 new wells each year, and at a cost of $12m, in order to grow annual production by 10 per cent.
There is huge potential to drill wells and discover a number of gold mines filled with oil..
"Trinity accounts for 4.3 per cent of Trinidad and Tobago’s total annual oil production. It is also one of the lowest cost producers".
Trinity’s onshore production increased by 20 per cent to account for 1,530 of its 2,771 barrels of oil per day (bopd) output in the first half this year, and at an operating break-even cost of just $15.70 per barrel. Offshore production was up 15 per cent to 1,046 bopd, all of which comes from a 100 per cent interest in the Trintes field (2P reserves of 14.78m barrels). Trintes has a relatively benign reservoir to produce from, and benefits from high API of oil (an industry measure to quantify how heavy or light a petroleum liquid is compared with water), low formation temperatures and effective sand control, all of which are supportive of an offshore operating cost of only $27.80 per barrel."
Dan/Amtech/NonB, aka Trollers,
You guys are quite a bunch aren't you? Hope you THREE guys enjoy getting off on each other.
Feel sorry for yourselves and for the repetative and constant negative gossip spreading you've done whilst holding hands together on the side lines and s*********. I hope that your investments do well... but to be honest I will neither pity, smile or care either way about any of you, particularly given your trolling and non investment history with HER.
:-)
Dan, Don't ask NonB for a proxy form... he has never really been a shareholder. People can make up whatever story on here as he wishes. All you get is continued negativity and claims of a disgruntled shareholder... NonB HAS NEVER OWNED A SHARE IN HER, like you. Both of you guys gloat and are predicting HERs demise and repeat the same old same old info... but still, you guys continue to post hundreds of messages on the HER board, rather than investing your time and so called expertise elsewhere with a company that is doing well.
Historically HER as a company does not keep to its word when it comes to RNSs. They appear to enjoy keeping investors guessing and make sudden out of the blue announcements that few of us expect - be the news positive or negative. Next week this share could quadruple or drop back down significantly with news. We are awaiting news of actual production and not the endless exercises of drilling that this company has become an expert at.
Dan, I remain an investor and as someone who has long term hopes for HER... Otherwise, and I am absolutely honest in saying this, I would never waste my time on this MB. I am here to obtain news and genuine insights from others, especially investors that are in the same boat. Being an investor, I have hopes with HER, and with hope there is a degree of uncertainty with this company and as to whether HER will come good, if ever, for investors. Like others, I don't wish to lose my hard earned money.
I never thought, at least i hoped, that we would not return to the 60s (not talking about flares, hippies and The Beatles btw).... but here we are :-(
What is fascinating about SDX is when we receive good news the sp moves slowly in pace and doesn't rise that much, but when negative news is received from one well it drops significantly. What is wrong with SDX?
I still continue to have long term faith in HER but not in the short term and not with the current inaction of the absent Bod. If you're looking to make a quick buck this isn't the company for you. Until we've received an RNS it is anyone's guess when drilling and production will commence in future. As a long suffering shareholder I can't wait.
I still have long term faith in HER but not in the short term and not wit the curgent inaction of the Bod. If you're looking to make a quick buck this isn't the company for you. Until we've received an RNS it is anyone's guess when drilling and production will commence in future. As a long suffering shareholder I can't wait.
I am an optimist with HER and despite the fact that no news has been forthcoming which has allowed the sp to continue to decline as the Bod idly sit by without a care in the world. Could this be a skullduggery type measure and ploy to allow the sp to drop and shake even more stranded shareholders into selling? Dislike these underhanded shenanigans which has previously been played out.. HER will one day go into production, at least long standing investors hope for, and I agree that Darius is not in the game of burning money by funding companies such as HER to go under. It is clear that the elusive BoD care little about investors in their lack of action (via RNSs) and giving this share uncertainty.
I am an optimist with HER and despite the fact that no news has been forthcoming which has allowed the sp to continue to decline as the Bod idly sit by without a care in the world. Could this be a skullduggery type measure and ploy to allow the sp to drop and shake even more stranded shareholders into selling? Dislike these underhanded shenanigans which has previously been played out.. HER will one day go into production, at least long standing investors hope for, and I agree that Darius is not in the game of burning money by funding companies such as HER to go under. It is clear that the elusive BoD care little about investors in their lack of action (via RNSs) and giving this share uncertainty.
I HEAR... Yes of course there are, but let's not bore everyone's t!t$ off about it. SP back up towards 27p by the end of the week, and then towards 29p by the end of the month.. not that I'm ramping ;-) This will be mid 40s by year end. . just my guess/predictions based on charts, earnings and news
Given Trin's location in the world which is outside the Middle East and in safe territory alongside rising oil prices this stock will be in the mid 30s by September.