Member Info for flexmw

Can’t blame you for trying Newkotb, it seemed an ideal time to try the sell & buy back lower, I never thought we’d be at the same sort of price level today as we were yesterday before the announcement…. Perhaps if Mommur could give us the heads up when he sells & buys back lower as he seems a dab hand at it!

Big volume day again, with large uncrossing trade, only Serica could have an issue when we needed anything but. The ideal time to get the word out about all of our positives, supplying enough gas for circa 5% of the UK’s needs etc etc….. certainly looks like some have taken advantage of the drop…

Previous close price / date
277.50 / 28 February 2022
Volume
3,576,641
Turnover (on book)
£5,566,555.51

16:35:26. 277.50 GBX 233,212 £647,163.30. UT

Rhum shut down…

A fault has been identified in the Rhum Subsea Control Module which has necessitated a temporary shutdown of Rhum production. There are currently no safety or environmental issues associated with this fault. A programme to replace the control module is being planned utilising a spare module held in stock. This will necessitate diving operations and the timetable is not yet finalised. It is likely, however, that Rhum production will not resume for at least two weeks

Natural Gas Futures up ~20% this morning at 270p per therm, 280p per therm for next winter.

UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
APR22 270.480 2/28/2022 9:04 AM 20.422 225

Nat gas futures, fast moving + 59% 340p per therm
UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
MAR22 340.000 2/24/2022. 3:22 PM 59.377 2075

Natural Gas Futures up 47.349 %
Biggest shares volume day so far, sadly all up for the wrong reasons, echo Newkotb feeling first thing this morning……

UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
MAR22 314.340 2/24/2022 2:32 PM 47.349 1890

What’s your view Upomega?

Personally I would of liked to of seen (still possible…) a special dividend, with all income received for Nov/Dec payments marking the end of the BKR agreement, Newkotb mentioned it before with a sharp cut off date to reward the longer term holders.. & then a solid increase on the annual dividend to 4/5% yield which is easily covered by the growing cash levels, moving to possible interim dividend whilst gas prices are high for the foreseeable…. if no M&A prior to results, the Bod know they need to do something with that cash so let’s see, otherwise they need to provide a catalyst/promotion to get the Mcap to a level where cash doesn’t represent 50/60/70% of it & we risk falling to a cheap takeover. It seems there’s so many variables at the moment but as Newkotb mentioned earlier in the week it does feel we’re heading for a crunch time moment & hope the Bod make the right decisions..

Gas Futures Prices finished the day strong + 10.447% interestingly priced higher further into the year & on…

UK Natural Gas Futures
CONTRACT LAST TIME(GMT) % CHANGE VOLUME
MAR22 211.000 2/23/2022. 4.58 PM 10.477 3935

Dickupham

I certainly won’t be as you know the score only to well! ;)

I noted that this morning Upomega, not one director share purchase on the open market with their own cash to date whilst I’ve been a holder, it’s about time they did!

Volume beating yesterdays with just under an hours trading to go, totally disappointed seeing where we are today, thinking with yesterdays strong close we would of pushed on today…

Volume
3,608,834
Turnover (on book)
£3,951,598.08

Hi Sasa

I’m interested to hear both yours & Newkotb thoughts on your question.

Thanks

That must be the biggest volume day & closed at days high..
Volume 3,533,185 Turnover (on book) £4,145,978.58

A couple of tweets today from Alexander Stahel, he’s definitely not wanting any kind of take over..

https://twitter.com/burggrabenh/status/1493224720422035460?s=21

Energy Voice interview yesterday with Mitch Flegg as one of the interviewees, premium content (doesn’t mean premium interview..) if anyones a subscriber & can share?

https://twitter.com/energyvoicenews/status/1490603901464322052?s=21

Newkotb

Just caught the latest Malcy interview with Andrew Austin, nice part in there where he asks A.A. if he should be contacting Mitch Flegg of Serica, also A.A. even has a dig saying Mitch hasn’t done a deal in a while! I asked Malcy to ask the question…

https://twitter.com/mwflex/status/1489176903789518854?s=21

The interview..
https://youtu.be/lHO-5NRfM5Q

Mommur

I don’t think LTH’s denigrate what the Bod have achieved, that’s the problem, they are in a position to make something that’s really good even better & that’s surely what all shareholders long term or short term want to see, I’d like to see the market cap at its truth worth or near to it.. wouldn’t you?

Now if only our Bod had shareholders interests at heart..
Definitely could do with a shake up!

Thanks for keeping us all up to speed with these numbers Newkotb, it’s much appreciated! I keep a close eye but not the level of detail you manage, will be interesting to see how this plays out.

The large trades still going through, not quite the £2.57million trade that went through yesterday…..

01-Feb-22 18:00:04 248.284 60,246 Unknown* 149.58k O
01-Feb-22 17:28:48 249.00 12,895 Unknown* 32.11k O
01-Feb-22 10:07:29 247.00 167,996 Unknown* 414.95k O
01-Feb-22 17:13:05 248.146 4,025 Unknown* 9,988 O
01-Feb-22 17:02:08 248.067 1,750 Unknown* 4,341 O
01-Feb-22 15:58:42 250.50 50,000 Unknown* 125.25k O
01-Feb-22 16:56:06 248.505 987 Unknown* 2,453 O
01-Feb-22 16:35:21 249.00 1,895 Buy* 4,719 A
01-Feb-22 16:35:20 249.00 118,678 Buy* 295.51k UT

Newkotb

Just seen a few hefty trades gone through, you might be able to see them… 3 @ 2.57p, 12.50pm & 2x 12.59pm one trade for 1 million, 824645, 175355..