Member Info for NewKOTB

I too took 2.5% off the table .... just so I can clear my head knowing profit is profit and re-focus on next stage of SQZ, so many 'what if' scenarios atm

aimo & dyor

With long w/e approaching I would expect SP to rise into close on Friday. aimo

No ...

Plus, atm H1 NBP looking weaker than H2 ... add-in lost production factor from Rhum in Q1 and H2 improved production, with well interventions etc, H2 will show improved figures on H1 I'm sure.

Average price per therm :
1Q 2022 - 232p/therm
2Q 2022 - 130p/therm
3Q 2022 to date : 260p/therm

aimo & dyor

HBR opened up ~6% on H1 results .... ours next month ... :-)

Yep, up from 460p/therm yesterday to 492p/therm .... So if this is now the new 'normal', does that mean the levy automatically ends ... lol

Trades reported are GMT +1 btw.

Trades over £100k ( more for sure will be reported late/ delayed too imo ):

tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-08-24T15:14:26.373 GBX 425.68 467000 £1987925.6 Off-Book XOFF P ACTX ECHO
2022-08-24T14:15:45.753 GBX 425 140000 595000 Off-Book XOFF P ECHO
2022-08-24T13:59:46.327 GBX 425 100000 425000 Off-Book AIMX P LRGS AIMX
2022-08-24T13:13:16.590 GBX 420.927 70000 294648.9 Off-Book AIMX PRIC P AIMX
2022-08-24T14:31:53.097 GBX 425 60000 255000 Off-Book AIMX P AIMX
2022-08-24T14:31:44.437 GBX 425 60000 255000 Off-Book XOFF P ECHO
2022-08-24T14:31:44.437 GBX 425 60000 255000 Off-Book AIMX P AIMX
2022-08-24T15:00:29.057 GBX 426.75 50000 213375 Off-Book XOFF P ECHO
2022-08-24T15:00:29.057 GBX 426.75 50000 213375 Off-Book SINT P ECHO
2022-08-24T14:00:16.327 GBX 425 50000 212500 Off-Book XOFF P ECHO
2022-08-24T15:35:06.180 GBX 430.5 43150 185760.75 UT AIMX P
2022-08-24T14:59:21.830 GBX 427 27000 115290 Off-Book AIMX P AIMX
2022-08-24T13:45:36.647 GBX 425.5 25000 106375 Off-Book SINT P ECHO
2022-08-24T09:37:51.060 GBX 425.5 25000 106375 Off-Book SINT P ECHO

As previously posted, real jump in the frequency and amount of trades from 4pm ..... to the point just over 30% of ALL DAYS TRADES happened in last 30 minutes..... Like I mentioned, almost as if someone doesn't want to be out overnight !!

aimo & dyor

Not sure about that Upomega, could be, if so good news if they are running scared given our current SP.

However, once again, frequency of trades really moved up a notch from 4pm and for all the believers out there, last trade of the day was for a SINGLE share .... you all know what that means, lol

aimo & dyor

Some big, big old chunky trades happening today ......

Once again from 4pm SP started to climb quickly from -9p to flat at one point (-1p on the bell), unfortunately UT closed us at -4.5p for the day, so not quite a Storming Norman of a close, more of a Storming Norman Jnr.

Strange this 4pm action of late almost as if "you don't want to be out of this overnight" type of trading happening !!

aimo & dyor

Dividend, is 9p/s enough ! .... Clearly NO.

I see no reason given we have in excess of £500m cash and equivalents that our dividend should not be far greater than 9p/s paid to-date. SQZ have already floated the idea, subject to vote, issue maiden interim of 6p/s, for me that is still insufficient.
OK, so how much should we expect, that's an easy one afaic, I would have said total annual dividend of at least 29p/s. That would equate to 2021 post tax profits of £79m, easily doable.

So interim of 6p/s plus special dividend of 14p/s..... not long to find out.

aimo & dyor

Despite the weak opening, shares are still in demand atm ... able to get quote to sell 100k without a problem, no NT required.

See BBC are at it again ... :-(

https://www.bbc.co.uk/news/business-62634983

aimo & dyor

NBP DA cooled slightly today but still ridiculously high, from 483p for today, to 460p ($316boe) tomorrow.

So, question is, will EU succumb to blackmail by Putin and allow NS2 to flow !!

Answers on carrier pigeon so to avoid postal strikes, please.

aimo & dyor

Less of a Storming Norman today, more of a Sammy Snail on run up to close, still closed +5p :-)

Circa ~£4.8m pd post Opex/CapEx/Hedging/Admin or circa ~£1.4m per day post tax profit on ~28kboepd, so no matter how you view it, SQZ are making enormous amounts of FCF. That will not go amiss with the press and all those that want to suck the life out of NS O&G production companies.

Difficult to quantify other than on a day by day nature our revenue stream as NBP / Brent are moving so wildly atm. Still find it unbelievable that little over 2 years ago at one point we were receiving 8p/therm, don't even want to workout the % increase on that given today's NBP. Worries me how this is going to end, not well for sure !!!

aimo & dyor

To-date, these are % notification 8.3 RNS's - total declared so far : ~24.5% ( COB 22/08/22)

Amounts to right are latest that replace earlier disclosures.


AXA Investment Managers S.A 1.7
Barclays PLC 1.17 1.2 1.18 1.14 1.15
BlackRock, Inc 2.74 2.75 2.74
Darktrace Employee Benefit Trust 5.4337 5.3814 5.3711
First Trust Advisors L.P 1.61
Greenvale Capital LLP 1.76 1.58
Hoxton Ventures Fund 1.36
Invesco Ltd 1.34
Legal And General Investment Mgt 5.18 5.11 5.1 5.03
Sanford DeLand Asset Mgt Ltd 1.15
Société Générale S.A 1.05 1.04

NBP DA Gone hyper-sonic ... from 364p for today, to 483p ($330boe) tomorrow ... wtf !!!

3Q 2022 to-date see's record average Quarter highs :

3Q 2021 - 118p/therm
4Q 2021 - 226p/therm
1Q 2022 - 232p/therm
2Q 2022 - 130p/therm
3Q 2022 to date : 260p/therm

And only set to go higher, DA NBP : 483p/therm.

Not even close to winter atm ....

aimo & dyor

Storming Norman of a close from ~4pm ...... :-)

BB,

I'll be sure to call in rather than drive past which I have done to my shame, rather than R&C or The Castle at Edgehill .... got friends that live in Horton, he's a bit of what I call 'a collector' ! atb

SQZ proving resilient today atm ... still not sure what's going on with KIST though recently, putting TTF / NBP to one-side that is !

aimo & dyor