Member Info for NewKOTB

Really could do with a close above 310p to set us up for next push north.

aimo & dyor

Yet another reason to exit UK.

https://www.bbc.co.uk/news/articles/cxwwzmn12g9o

Don't worry, he's spamming numerous BB atm

This week, LSE regained top-spot in Europe for the most valuable exchange, worth $3.18 trillion, now compare that to a single company listed in US, Nvidia worth $3.34 trillion, Little Britain, we are getting there !

More and more UK listings are be snapped up and taken private or relisted in US, SQZ will most likely follow the trend as UK appears unable to value companies correctly, shorting certainly doesn't help.

aimo & dyor

Done Deal .....

Https://www.londonstockexchange.com/news-article/DARK/result-of-meeting/16525729

Resolution 17 for the AGM : Buyback

17. That, the Company is generally and unconditionally authorised for the purposes of section 701 of the Companies Act 2006 (the “Act”) to make market purchases (within the meaning of section 693(4) of the Act) of any of its ordinary shares of US$0.10 each in the capital of the Company on such terms and in such manner as the Directors may from time to time determine provided that:

i. the maximum aggregate number of ordinary shares which may be purchased is 39,285,611;

ii. the minimum price (exclusive of expenses) which may be paid for each ordinary share is US$0.10; and

iii. the maximum price (exclusive of expenses) which may be paid for each ordinary share is an amount equal to the higher of:

a. 105 per cent of the average middle market quotations for a share of the Company as derived from the AIM Appendix to the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which such ordinary share is contracted to be purchased; and

b. the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the trading venues where the purchase is carried out.

This authority shall expire on 30 June 2025 or, if earlier, at the conclusion of the Annual General Meeting of the Company in 2025, provided that the Company may before such expiry make a contract to purchase ordinary shares which would or may be executed or completed wholly or partly after such expiry and may make a purchase of ordinary shares in pursuance of such contract as if the authority conferred by this Resolution had not expired.

currently, ~18% of my energy bill is taken up with standing charges. get rid of these or reduce dramatically and there would be no 'windfall' tax to con voters with and 'cost of living' would be eased too, even have enough spare cash for extra few pints, packet of ***'s and another tattoo.

see blackrock was the primary reason for our fall last week imo.

aimo & dyor

10th August, 2022, 10:30 pm ....

Mommur,

Can not see anyone committing to new large CapEx project until way after the election as full clarification would be needed from the assumed Labour government on fiscal rules for NS operators, LWIV and possibly in-fills will be it. Whilst Opex & CapEx costs keep rising and taxation rising, NS operators are being squeezed from both sides. If RR and ed-less Ed can not see lower investment means lower production that leads to lower revenue in turn lower profits and ultimately lower tax revenue, until there is nothing left to tax then they are not qualified to run a p-issup in a brewery or teach Kindergarden maths for that matter !

aimo & dyor

Circa ~5% gap between SP & Offer, current exchange rate $7.75 = £6.12, so would expect the gap to close today and AM tomorrow, unless Mr Market thinks a no vote is more likely.

aimo & dyor

Results will be announced on the day afaik shortly after the vote.

What is the latest figure for Irrevocable Undertakings ?

Https://www.lse.co.uk/rns/SOU/partial-divestment-and-board-change-01xxaggbzkpq3mr.html

With exchange rate, deal today alone has moved from 609p to 612p, keep it coming, could even go above the agreed price at the time of 620p upon concluding the deal.

Sasa,

Morning,

Not sure about 'reducing', but there is certainly movement !

16th April reported holding was 29,484,410 currently shown on SQZ being reported as 29,484,333

https://www.serica-energy.com/shareholder-information

Guess they could be trading their pot too or just lax reporting by SQZ, take your pick !

aimo & dyor

Kokomo,

Thanks for that, although I think you already know this but will post this extract from their site anyhow :

"Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.."

Only takes one or two funds to decided to pack attack this (or many other shares) to achieve their goal without getting anywhere near 0.5% disclosure. Anyone with Bloomberg Terminal would see what I mean. On the plus-side, they will need to buyback before ex-div, 27 Jun 2024 (Thu) imo.

aimo & dyor

For some reason my last post got chopped off !!

Our BOE P2 reserves now valued at less than $5 boe, even on NS metrics, that's low, pity we aren't valued at the deal we did for TW.

AIMO & DYOR

Upomega,

I also added a few to my trading pot but still much prefer HBR atm, so added there too, as they have a plan and are visibly executing it, whereas SQZ, well ... errrr !!!

Yes, shorting attack took place yesterday imo. No new news, been public knowledge about Labour's plans for some time now, Mr Market just took its opportunity on release of manifesto to extract the pips as juice has long since dried up. RSI is one of many indicators and does matter afaic.

Our BOE P2 reserves now valued at

Weakest RSI since ... Jan 2015 !!!!

Seriously oversold, will be flashing STRONG BUY on traders screens.

aimo & dyor