RE: Good read happy to hold and add.19 Nov 2021 15:07
Serinus Energy is a junior E&P company with operations in Tunisia and Romania, where it has both production and exploration opportunities. Although the company’s recent history has not been smooth, having faced operational,
geopolitical and financial challenges, a debt restructuring in late 2020 allowed it toenter 2021 debt-free, signifying a new chapter for the equity story. We think the company offers a good mix of an attractive valuation and robust FCF, with further
upside potential, albeit not without risks.