Member Info for NewKOTB

Lets see with the UT lands us today, lot of downward pressure today, just need to find the reason. Certainly not commodities as both Brent and Nat Gas are flying today.

True, however one thing for sure, volume has moved up today after that strange day yesterday of hundreds upon hundreds of BoT 'A' trades too....

atb

But then we just had a buy of 179,341 shares too ....

SoS,

Think its more to do with that PI selling 150,000 shares earlier today, hope its not for the reason you stated, otherwise serious question will need answering.

If so, then a leak has happened, SQZ would need to issue an RNS and for sure, another massive buying opportunity imo.

Brent trying to mount an attack on $51/barrel now and gas up 6.5% .... wowww

"And what would yoi do if your terms and conditions were being diluted year on year..? ...

As it happens, I told them to stuff if and left, now earning much more, thank you very much.

PS Absolutely no need for that kind of personal attack either btw

atb

Ultra cheap is SQZ atm ..... warning Will Robinson, warning !!!

Yep, $327m/pa revenue post Opex on 35kboepd and todays spot, or x1.15 our Mcap atm

Really, all that will do is destroy BT further, get t/o by PE who will then sack them all if they don't take the new significantly less favorable T&C's. Lets not have a return to the 70's early 80's.

£500 to self-isolate now ..... OMG, if that's not a way to increase infection rate, don't know what is.

Just popped through, first attempt ...... >$50/barrel .... :-)

Brent on a mission (+2.3%), gas flying too (+5.1%) .... SQZ down LOL

Do hate that, not showing my last top-up neither on LSE or AQSE ....

The BoT kicked off the drop, until then hardly a whisper from it ..... now's its in buy mode !

Sudden drop ... -5.5% (6.2pts) .... Upomega, you selling by any chance !!!

In deed, not that wonderful over the past month or so set against +ve market movements almost everywhere else !

Brexit, that will be the next driver so that could influence many to start buying into 'sleeping' stock such as SQZ.

Don't know what % of your portfolio you have in SQZ, but on the plus-side, SQZ performed better than most this year in terms of 'relative' stability which counts for a lot in my book. It's just hurts watching the 'what ifs' .... you and I know that a deal could drop at anytime, that's why I and others continue to hold and believe, albeit from my pov, with growing frustration. As for the license, unless the incoming POTUS changes the rules then renewal should be fine imo.

I reiterate, for the life of me I fail to understand why we have not made a deal yet.

I have stated before that as economic macros improve and our SP remains static, the chances of SQZ being taken over are increasing as effectively our company become cheaper by the day esp as fair value is said to be 217p.

atb

Upomega,

SNAP ...... old hindsight bias !!! lol

Managed to put some cash into BP / BT / GSK / RDS not nearly as much as I wanted due to fully expecting 'transformational' news once more here.

Got my timing and decision making totally wrong ... Oh well.

Blame it on FOMO.... LOL

Still for the life of me fail to understand why we have not made a deal yet, either acquire or be acquired.

atb

That said, I do think we will add a fair amount to our CoH of £101m come year end.

Upomega,

Not sure how much cash we will end 2020 with tbh ... so many variables. !!!

H1 2019 revenue of £146m vs H1 2020 of £46M, which includes the 45 days shut down. Combined with significantly improved spot prices for both Brent and NS Gas then I would hope revenue would be ~£100m for H2 although our hedging for Q3 was not that strong, Q4 much better. SQZ have already in H1 invested £7.2m in R3 but yet to account for the remaining £11m. We have £5m to pay Total in December 2020 and have yet to bring Keith back online since caisson shutdown. Not sure how much H1 cash was used on the caisson repair either. Columbus required long lead time orders placed ready for scheduled Q4 2021 with another £22m payable at some point in the future. Additional 20% attributable BKR receivables for 2020 will be a significant boost to our CoH but we also paid our maiden dividend of £8m paid in H2, July...

atb