Member Info for NewKOTB

"Do you think though that Serica will be still above £2 though when gas prices retreat to normalised levels ? Absolutely no chance in my view....."

QS, point proven by MrsP ..... it knows little to nothing about SQZ, just trading of perpetual posts full of fears imo

NBP recovering as expected, regardless of Putins statement today that he 'may' increase supply to Europe. For me, until he gets NS2 flowing, on his terms, little is going to change ... Even then, EU only provides around 5% of UK gas needs afaik ..... SQZ also supply the same.

SQZ back in July when NBP was just ~90p/therm we sat at circa ~150p/s .... atm, NBP is >200p/therm (>110% up), more than twice July's price unlike SQZ which with this ridiculous drop are only ~35% up .... still massively undervalued atm

Even if you take NBP at what I'm guessing will settle at in summer of 2022, around 90p/therm. That will make gas around $72boe bringing it more inline with Brent, as it should. SQZ will be making enormous profits in 2022, with not too shabby ones for 2021 either.

aimo & dyor

https://finance.yahoo.com/quote/TTF%3DF/

"I’m shocked though by the levels of hate based on an honest admission ..."

Hate, really, not by a long chalk, in fact not at all ..... just posters spreading awareness of your shenanigans MrsP.

If you are shorting KIST, fair enough, then come out and say it, make your position clear and everyone will understand your posts in the context they are made, may not accept it but will understand it .... your choice.. some how I doubt you will.

aimo

"RE: Sold today because think gas prices have topped..."

Please do not respond within its subject thread (start a new one) ... paid poster and all that .... clear objective is to spread fear and doubt with PI's .... everyone should make their own call to sell / hold / buy as they feel fit.

For me, yes gas prices will 'cool off', they had too ( hence posters like MrsP surfacing ) but this will be more than offset by AA and his team with deal after deal after deal until sale of KIST imo. In the meantime cash will still be rolling in by the truck loads.
For those that remember RRE days and the posters that suddenly appeared there talking down the company any which way they could ... then shortly .. wham bammmm SOLD

Remember, MrsP is most certainly a new avatar from probably a previously banned poster and/or a pro poster imo

aimo

Took them just 3 hours to grind down a 50pt rise back to flat ...... Long game here is the split next year, hence why any half decent rise is smashed back down by the big players ..... so they can load up as cheap as possible ready for the inevitable massive payday .... Just see how BT are being played this year on expected t/o deal..... We all know what will follow the GSK split just a case of playing their game, annoying as it is.

aimo & dyor

Any sale of any part of BT will come with strings for the buyer (mostly written in the invisible small-print)..... so in essence, UK Gov will sanction any deal providing it furthers it own interest imo.

Tomorrow is another day, what Santa Rishi brings is another matter .... Budget will be low on personal taxes and high on in-direct ones, little in the way of business crushing ones (fingers crossed).

Up early as trading will be fierce at 8:00:01, looking to closeout the month out on a month high, >159.6p.

aimo & dyor

If AA was particularly worried about one or more of those points, AA would sell up now, especially point 5 ..... Go buy himself an small plot of land, joining Richard with his very own Necker Island.... maybe a Greek one and call it "Cistaceae Island"

As for SP in five years ..... lol, very much doubt KIST will be around in maximum of 2 years let alone 5. AA is the man of the moment as should never be under estimated when it comes to deal making. For me, he is what makes KIST such an exciting and captivating investment.

AA has quoted that KIST is not a lifestyle company but one that provides value to SH, so IMO AA will get another value accretive deal away then position KIST for offers, unless of course one arrives earlier.

aimo & dyor

Rellim,

Thank you so much for your concern, I am however now doing well and reading the board, as per, just not posting as I feel all has been said to-date by myself and others. Just a matter of waiting to see what our next significant event is to be ...... !

Thanks again & atb

I'm extremely busy collecting kitchen sinks atm ......

Ready to throw the lot at my ever growing holding in BT stock (that's developing into a substantial position), in the very near future.

aimo & dyor

"...the stock closed at 160.3p on 22 September ..... "

"Their target for the BT share price is 260p, implying a 62.2% upside from its 20 September closing.."

So that's now a 90% upside .... :-)

PC,

"How "coincidental" ...."

Yep, big players, play dirty and as such a prerequisite is to open your mind to the wider view when you invest in BT.

From sophisticated BoT's to negative propaganda all the way down to unicellular organism that post on BB for their masters, all for one purpose, to make money, usually at the cost of PI's. Don't let them win, play their game, I am.

aimo & dyor

Too much manipulated and persistent downward pressure for there not to be a massive rise, from which the major players ( who are currently talking BT down) will be fully loaded and waiting for .... One news item is all it takes.

PS Still adding, just topped up sub 139p.

aimo

"how long before we get to sub 100p?.."

lol ... super subtle de-ramp ... lol ... not !!!

PC,

"There is a lot of Chinese whispers going on with regards to whether he paid £2.2B ...OR... the shares had a VALUE of £2.2B at the time is was announced ( a more elevated share price at that time).."

That may be, but doesn't change the fact he owns 12.1% and I suspect a whole lot more waiting in the wings to be announced out of the blue akin to his first stock building exercise at some point in the near future.

aimo & dyor

Yep, ~12% drop in 2 weeks since start of month, oversold during that period too. Normally an over sold stock would stabilise and recover some what, not us ..... downward pressure is persistent, so I keep topping up. Big players are running the show here, have been for a very long time, just a case of waiting for them to make their move .... once one is out of their starting blocks, the rest will quickly follow in a flash.

aimo & dyor

TS,

"I too would like a sale, I am lousy at selling my investments hence my "troubled seller name", I never seem able able to let go. Therefore would really like the matter to be taken out of my hands, at the right price of course....."

Trust me, you are not alone on that one I'm afraid.

PS See AA has completed his team with appointment of CEO and CFO today .... the old RRE 'A' team are re-united once more, watch out, watch out there's an Andrew Austin about !

atb & aimo

Dickupham,

No worries, never thought for one minute you were having a go .... it was my fault in terms of posting, in the first instance, a poor / lazy approach of just a link with no context on my behalf.

Fully agree, Special Dividend is a must given the status quo, 20p (£53m) to 37p/s (£100m) would not be unreasonable given cash build during 20221 / early 2022 imo. If no SD is forthcoming, then once again there has to be a strategic reason behind not doing so .... Tipping point is fast approaching for a decision on a SD, market wants to see such a large cash to Mcap ratio working, not sitting on the balance sheet doing bu%%er all.

PS Special Ex-div date would need to be on date of RNS announcement ( ie little to no notice), don't want Johnny Come Lately's crashing the party after all. Wouldn't take long either imo for our SP to fully recover (and probably more) the resulting fall in SP either due to SD payment given our FCF in 2022 and subsequent heightened market awareness. Win win afaic.

Keep well & atb

aimo & dyor

TS,

"Come 01/01/22 when the BP deal completes the Private Equity vultures circling will strike...."

I had fully expected a move in terms of merger / takeover once R3 was online and stabilised flow-rates .... so why has this not occurred ?

Have BP put a stop on any deal as they need to OK any deal prior to 31/12/21, or have our BoD been playing or continuing to do so ( esp as 'Kisok' Kate and now 'Richie Rich' Rose are onboard) a blinder in maximising SH return.
Or has a deal already been struck but yet to inform the market ( RRE took 6 months after a deal agreed in principle was announced to the market).
Or has the golden goose turned into our poison challis with IOC Rhum involvement, if so then vast majority of our CoH must be returned to SH in form of special dividend in 2022 and for subsequent years as appropriate, or make our cash work for us !

Given an approach in early 2022 what are we looking at .... Simplistically, using our NS 2P's of ~55mmboe @ ~$15/boe as a guide and expected CoH come early 2022 of ~£300m, SQZ would be looking for ~337p/s .... as said in Yorkshire, 'That’ll Do'.

PS Come 2022 our cash build accelerates considerably, hence the EV. How long do our BoD want to play chicken ? When is the optimum time to strike a deal for both parties should they be looking to do so, as I believe they should ?

aimo & dyor

This is true in terms of being 'on the ball' with their published material, however the point of the post which caught my eye was to highlight, (although, tbh, I didn't drill down any deeper) :

"Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, Serica Energy currently has:

4 Buy recommendations
0 Hold recommendations
0 Sell recommendations

This suggests that analysts are generally upbeat about the outlook..."

---------------------------------------------

Also, BBC headline news yesterday was floating the story of gas shortages over winter if we have another 'beast from the east' ( not sure if they are referring to Putin on that one or not) and having to shut industry down .... Question, how would the math would work out on that if employees have to return home and turn on their gas central heating and consume gas generated electricity ... either way, as we all know, gas squeeze in virtually guaranteed this winter imo .... Unless Ming the Merciless steps in and gets NS2 flowing ( on his terms of course ) after European leaders go cap in hand with their begging bowls.

btw, see that the initial spread this morning has returned to its historic norm, ~6% from the more recent 1% - 2%

aimo