Member Info for legache

There's also a tanker moored to Montara Venture.

Yes Luck, i agree SDX are the least valued out of the 3... the reason, as you allude to, is investors, or potential investors, see little long term value because there doesn't seem to be any other plan than drilling these tiny wells, hope for a good outcome and take the salary. Hanut was the glory shot and it missed. That was when i sold up. I keep looking for a reason to reinvest, but I cannot see one with Laural and Hardy in charge.

The only way to get them out is by a vote. Is there enough Institutional appetite for that? Probably not.

Although i am not sure investors care about EV's!

The reason I identified both of those is that all 3, give it take, are rated at their EV now. Doesn't matter what's come and gone really.

Shakey - Good to see you still believe [kinda]. There are lots of good companies out there in the O&G sector working on negative or soon-to-be negative enterprise values [JSE or SQZ for example]. The issue is sector-wide and the only thing that will change is when private equity comes in. They will. Value is value.

I calculate the enterprise value to be getting up the market cap...

Surely time for some corp action or special divi. I would just buy more but i am now way too overweight on this.

A business with lots of cash and expertise in North sea production could snap it up for a modest fee? I wonder who.

... holding this share atm. Let the big boys do their things and scalp a profit here and there, was easy to do with the silly intraday swings.

textbook!

Nope, I've been okay. I've done this the last few days. I don't literally buy on the bell and spread settles after a few moments.

I buy at open every day and sell around 1pm. Always works. Textbook.

BUY rating @110 [and the rest lol]

I don't think any special divi will come sadly. Power in the hands of the directors is what's at stake. Pay it out, less power. Simple.

yeah, pay day so might check my spare pennies in tomorrow.

Fighting the trend is a rule i tend not to break but i think in a few months let alone years i may thank myself.

Really, given they're making money hand over fist i didn't see the 70's coming back...

Amazed at how this share is still lingering around the 2 pound mark. Its almost as if there is no read-across to ttf prices. Of course, there is and our enterprise value is looking sillier by the day. Holding now to the end! Or special divi hopefully!

From 211.5 to 204.5 on the bid, now back at 208.5 but seriously, what the hell! 200k of volume down there. No idea how they can do that and anyways, how is that even allowed?

https://www.bloomberg.com/news/articles/2021-11-28/europe-s-energy-crisis-is-about-to-get-worse-as-winter-arrives

https://oilprice.com/Energy/Energy-General/Asia-Is-Facing-A-Long-Tern-Natural-Gas-Crunch.html

Have i missed something?