Member Info for flexmw

A couple of interesting tweets today from Alex, the first confirming his view on current intrinsic value at 660p after the Jefferies price target raise, & the second a poll on whether people would like a ‘Spaces Q&A’ with Serica Management, 2nd half of April.. if he can arrange it, 251 votes at the current time which somewhat confirms something Maverick said earlier in the week, the word on Serica is spreading further & wider with the likes of Alex’s following….

https://twitter.com/burggrabenh/status/1512037101310816258?s=21&t=qHPlA-RSurLlTPr_6jqfWA

https://twitter.com/burggrabenh/status/1512070882784518153?s=21&t=qHPlA-RSurLlTPr_6jqfWA

Serica Energy PLC - Notification of FY 2021 Results #SQZ

Thursday 21st April.

Just making sure they’ve enough cash for a decent dividend…

That’s a good listen, Alex talks about Serica from 2:40 if you want to just tune into him..

Gas up yesterday & futures up ~ 10.6% today… Serica down…..

UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
APR22 272.000 3/29/2022 9:17 AM 10.673 875

I’ve seen April 14 Analyst call mentioned a couple of times..

To add to the last post :

https://twitter.com/burggrabenh/status/1508423707924078601?s=21

Alex’s updated numbers as of today…

‘A 600+ pence stock b/f company maker North Eigg!’

https://twitter.com/burggrabenh/status/1508422687391158276?s=21

Upomega

I read this yesterday in PMG’s rns just to add a little, plus a section on a lot of activity by other operators in the surrounding acreages to Skerryvore.. drill or drop decision extension expires September if i’m correct..

Skerryvore

An extension to the Skerryvore licence, P.2400, was successfully awarded to Parkmead and its joint venture partners during the period. The joint venture has made excellent progress over the last 12 months, having completed reprocessing of the 3D seismic, rock physics, inversion, biostratigraphy and geochemistry scopes. Volumetrics and economics are currently being finalised ahead of a drilling decision.

Total depth reached :

https://clients3.weblink.com.au/pdf/88E/02501901.pdf

Does the current cash to market cap help the Bod in their decision in relation to the up & coming results & anticipated dividend? It’s been muted in the past that a special dividend wouldn’t be likely on the cards (MF around time of previous talks on windfall tax..) but when the cash level was nearer 50% of market cap, & no acquisition/merger (not that we are aware of) then the possibility of a special dividend etc was looking more likely on the cards.. with the recent share price growth has this favoured the Bod for continuing with the current dividend policy…

“Still dirt cheap”

https://twitter.com/burggrabenh/status/1506053785931628546?s=21

British Bulls.. i’m not one to take to much notice of their website & recommendations but caught sight of this on advfn & took a look, it made me smile so thought i’d share..

SQZ.L
LSE SERICA ENERGY
Last Signal:BUY
Last Close:382.00
Change:+12.00 Percent change+3.24%
Signal Update Our system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the Stop Loss level which was at 362.00, and our valid average buying price stands now at 368.54. The previous SELL signal was issued on 14/03/2022, 4 days ago, when the stock price was 331.73. Since then SQZ.L has risen by +11.10%.

Market Outlook A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd. more...

‘Market Outlook A rally after a bear setup can occasionally turn into an explosive long trade.’ Explosive long trade.. i’ve never heard that before!! :)

Thanks Newkotb, I was meant to put the twitter link on mine! ;)

Estimated free cash in that link, year end 2022 $800million..

Here’s another one that’s caught my eye Newkotb…

Price target 448p….

Great news today, glad we’re back up & running with more production than thought over the down period, hopefully keep the increased production levels up going forward….

looks like we might be making a new all time high in the near term, get above 361p & hold & Jefferies will need to update their broker target!

Destination should of been ‘Leith’

Pedalo on the move Newkotb?? Works possibly completed..

Boka Polaris heading to Leigh…

I read this first thing this morning, not knowing how much gas actually flows through the pipeline but thought it would of driven gas prices up, it has had an effect..

UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
APR22 281.350 3/15/2022. 9:03 AM 3.850 190

https://www.reuters.com/business/energy/russias-yamal-europe-gas-pipeline-halts-westbound-flows-data-2022-03-15/

The thought of extra production excitement over by seems of things… short lived..

Thanks guys, found it.

Would anyone know if the subsea control module would require changing to facilitate greater production?….