Member Info for Mommur

I concur, but its a long way back to the 60's. Added sub 40,s but it tends to suck you in - then again to win......

"European natural gas prices have fallen back to normal trading levels for the first time since Russia’s invasion of Ukraine, delivering a blow to Vladimir Putin in his energy war"

Obviously ours haven't as the beckoning silence is deafening

Lowlands details are negative values!!!

In Lowland Investment Trust - you guessed it, Serica Energy. Share price total return 39.4% and a 0.8% contribution to total return. No increase in holdings reported.

Double whammy for me.

Await with interest the Licencing round, but as our drilling prowess is dismal, lets hope for none and relinquishment of others. Plenty to buy without looking for the stuff.

Mitch Flegg buying shares with his own money - dinnae be daft he gets them free!!!

Mr Flegg got 1.5 million free shares for the BKR deal - no doubt the brilliance of the Tailwind deal will see him rewarded with another 3 million shares free, plus a doubling of his salary - all voted in by cronyism of course.
About time Mr Hunt and Mr Sunak had a wee look - fat chance!!!!!!!!!!!!!

Infor, now that tickled my sense of humour!!
Two weeks in Morecambe, hits the nail from my childhood, council estate kid, no family car and parents taking us to Happy Mount Park in Morecambe on the train.
Sorry to hear you are still 22% down on Serica, it does jaundice your/anyones viewpoint. I am in a similar position with i3 Energy even though I receive £1000 a month dividend.
Catch 22 for all of us add or hold, but hopefully by the end of the year you get back to parity. GLA.

to the results methinks. Just back from 2 weeks in Mauritius, but couldn't stop myself monitoring the sp whilst away. The only remark is its going the right way and I,m sure like myself lth added around the 200p mark. Forget history, increased dividend and I'm happy to hold especially with the increased divi.
Liquid sunshine to come, gla, now where's the shiraz

Although bizarrely feb rns states 3.2% which differs from my HL top 10 holdings for NCC

With an 8% holding in NCC, I sincerely hope our management off loaded prior to todays debacle - profit warning was intimated in bold letters in February.

P.., poor, performance. Thats just about everything in my portfolio bar Serica, recovering. I guess I should be thankful we have gone from 200p to 220p - at least thats one tranche in profit!!!
Give the tortoise some lettuce.

Finally emptied it and sold 150,000, to write off against gains on Serica. Not been a good investment but you cannae win them all.

I am still here, as I consider my rather large yearly dividend keeps my interest. 10 years to recover the capital loss if we stall here. Seriously though, a reduction in dividend would not be good news and I wait with baited breath with regard to Mercure's tranche - pity they weren't classified as nil divi.

Wish I had a wee dram of that malt Newk, but I do have a 18yr old Glengoyne to celebrate a blue day. Will keep the bottle handy for a repeat tomorrow, or is that me getting ahead of myself.

"This would help"
If only it comes to fruition!!
A blue day would be a starter for ten - me buying at these levels has made no difference, only increased my wine drinking prior to the budget increases!!
GLA

My only solace is we 13e has dropped as far as Serica Energy. Painful period, but added a further 100,000 i3e shares sub 19.5p. One would think Canada wouldn't go down the route of HMG destruction. Oh joy, Corporation tax uplift next for lower returns for years to come - thats my Limited Company closing, with MVL taking an exception time period - a backlog HMG?? Must stop belittling politicians they are purely human with their snouts in the trough. Roll on the next dividend.

Sparrows causing problems on a number of Platforms with strike action that may well lead to other parties
Catering Staff, Radio Operators, Safety Vessels, Helicopter Pilots next???

A 5 mile run and then 2hrs with the dogs on Balmedie Nature Reserve just out of Aberdeen, took my mind off our woes here. Thought about putting a couple of fish heads on top of Mr Fleggs car going past Rubislaw, always a pain getting herring gull sxxte off the roof.
Three of my investment trusts JMI, LWI and THRG have holdings in Serica. Perhaps we may see JP Morgan, Henderson and Blackrock add to their holdings at this price. We can but hope.
76 Companies have bid for Licences in the 33rd Round, no doubt we are one of them. This time I hope its known discoveries rather than spinning the drill. Or we may have not bid to send a message - fat chance that would be the knighthood gone.

Concur Newk, that 200-205p is possible, which is 10% downside from my purchase today. Certainly would be an overshoot from my simpletons perspective.
Having had a 50% retracement from my previous sell and a 20% retracement from the offer price of 278p, just perhaps the 111million additional shares are beginning to be costed into the sp. 200p would be nearly a 30% retracement on the offer price, so bracing myself and have additional funds at the ready. Just don't half the dividend Mr Flegg - that would be further insanity for the sp.

Shame that the read across from Harbour has taken us in the opposite direction. 10,000 for me @ 224.88p, having reached my purchase threshold. No doubt a tad early with this falling knife but gut has outweighed head this morning and I should have bought Harbour!! As usual DYOR, I am no sage.

Fully understand your concerns Dick and rationale for reducing your holding. I sometimes think I have a love affair with this share that is ultimately dangerous and wealth destructive, but a very large dividend on my holding is seductive.
I am fortunate that I sold a large tranche at 441p with half the cash being eaten away by inflation in my account at the moment and the other half soundly placed in investment trusts that are doing okay.
My hesitation with Serica is whether the 111 million additional shares due soon are fully reflected in the share price. Any drop I would assume our II's would grab a bargain and not allow Mercuria a price below 278p.
Muddy Waters Dick, but of all people, i just can't see ACW letting a company he has nurtured to success going for a song as Arthur Negus would say. Good to see a rebound in JOG.