Member Info for NewKOTB

"where those bulls start to wake up..."

When you snooze you lose .... think when they wake it will be too late !

Brent going a storm today ..... just need NatGas to follow. The problem is Qatar is the largest exporter of LNG to the UK and as they are no longer members of OPEC or the "++", then their production can continue, unabated. That said, both Russia and US also export to the UK significant amounts of LNG, so one would hope that levels supplied by these two will start to fall and the market to reflect this. Would be more than happy to see +34p/therm come Q1 2021. In the meantime, our hedges continue to add FCF.

ps .... SP is sneaking up ..... don't tell anyone !! .... hush hush, mum's the word.

No, its not that 'Steps' song prior to 5,6,7, 8 (released 1997) .... but the four points that have recently come together.

1. Taken on new NED that specializes in M&A
2. POO is recovering ( by default should mean UKNat Gas too)
3. BoD average age 70, although Kate, being a Spring chicken (HB btw), has now lowered that, lol
4. Plenty of organic growth over next 2 years from a company in excellent financial health.

These are four reasons as to why I see SQZ actively looking to either merger or be taken over soon ....

aimo

First, lets close the 162p gap .... at some point, it will occur ! Likewise the 173p followed by 202p, 313p .... and so on.

04-May-20 11:40:43 94.5039 2 Buy* 93.10 94.90 1.89 O
04-May-20 11:40:15 94.5039 2 Buy* 93.10 94.90 1.89 O
04-May-20 11:40:01 94.5039 1 Buy* 93.10 94.90 0.95 O
04-May-20 11:39:47 94.5039 1 Buy* 93.10 94.90 0.95 O
04-May-20 11:31:08 94.5039 1 Buy* 93.10 94.90 0.95 O

See we have a big buyer today ....04-May-20 11:40:43 94.5039 2 Buy* 93.10 94.90 1.89 O 04-May-20 11:40:15 94.5039 2 Buy* 93.10 94.90 1.89 O 04-May-20 11:40:01 94.5039 1 Buy* 93.10 94.90 0.95 O 04-May-20 11:39:47 94.5039 1 Buy* 93.10 94.90 0.95 O 04-May-20 11:31:08 94.5039 1 Buy* 93.10 94.90 0.95 O Joking aside, so the manipulation continues.

Little more on decomm's . As per SQZ latest presentation :

"Serica’s diverse portfolio has limited decommissioning liability due to the innovative nature of the Erskine transaction and the various BKR transactions"

p31 : https://www.serica-energy.com/downloads/presentations/Serica%202020%20FY19%20Results%20Presentation.pdf

Well, they got this bit wrong .... "In the future it will face significant decommissioning expenses"

Agree with this however... "But the shares look reasonably priced to me. I’d be happy to buy at current levels."

Some lack the cognitive ability to interpret sarcasm and wit, lets leave it there shall we .... otherwise you will clutter the board with utter trash.

ZIOC is a monster waiting to be woken ..... just be onboard when she does.

£1 to £1.38 ..... a little more and you can get yourself a Happy Meal ..... don't think they offer a 'Mr Grumpy' one ...

Pot 'n' kettle .... lol

Wear as you always get it write, know doubt .... and are never payed for it .....

"Soon, they'll need to shore up their balance sheet and keep investors/stakeholders happy. This is when they may need to look seriously at the forgotten parts of their asset portfolio to release some cash. Cue Zanaga..."

Exactly how I see it atm. GLEN can not afford to put themselves in the cross-hairs of being the pray. Re-capitalize via asset sale for a few billion, will do GLEN fine right now imo

Just got look at its posting history to see what 'types' of companies its interested in..... MGGT are in another league and not talking Sunday ones either .... MGGT have broad base of income, which in times like this help cushion the SP.

Just think what would happen if Trump looks towards military action to prop up its economy .... already warned off Iran, spat with China now, N Korea, well who knows.

Loaded up on Friday, will add more too if opportunity is presented.

atb

Just ordered more face masks ... not from Amazon / eBay btw ..... lots of 'questionable' items listed afaic.

Just feel if the lock-down is eased and your are made to use masks out 'n' about, ( which is looking 100% certain) then we will have another supply issue.... this time with Joe public, plus the prices will jump even more.

We could well be seeing a 'flipping' of demand for gas used to supply electrical energy over the next few years. From being winter driven to summer, weird, I know. Last few months saw a 30% fall in electrical energy generated from gas (still made up 33% of demand), but a record +40% rise in that provided by renewables, inc wind ( thanks to all those winter storms no doubt). What this may do is flatten the price so we don't see the usual large winter increase in prices. Q1 2021 futures are ~34p/therm atm, would be more than happy to stabilize at around there.

"When do people think would be the best time to put SQZ into play? Before or after 100% of the production income flows to SQZ?..."

Has to be, without a doubt NOW, with deal completed this summer !!

Have posted before that I have a 'target' of circa 158p given current situation both macro and to lesser degree micro environments, so not many miles away from your 150p.

aimo

"is well north of £2 a share" ... agree fully.

False Dawn ... lovely girl, but should not of had the surgery imo.

Do get the feeling our tack has changed in the past few months to now package SQZ up for sale / merger and with Kate to facilitate this.
aimo