Member Info for NicetoMichu

From AK's comments and other 'expert' views here it is clear that an acquisition or two may easily occur here in the coming months.. and it could even be significant sized acquisition(s) too.. or just small/medium additional - gas for eg - resources a possibility too, of course.. whatever, I hugely hope the market likes whichever deal(s) might occur ...it may do....or it may not do.

The seven energy acquisition looked excellent on paper and has delivered well/to plan early in; and the market has, altogether, hated it so far.. any rinse and repeat exercise has no guarantees of a different outcome, indeed logically one could easily expect a similar outcome.... but the s/p is extremely low now, in fairness and the acquisition opportunities perhaps more financially compelling again now too, and economies of scale potentially a bigger factor again too.

Whatever, AK will do what he will do .. so here's very much hoping for a different outcome from similar behaviour next time round, IF there is another acquisition(s).. nothing is guaranteed in life of course and these are the games we play.

Thanks for the feedback Agadem and I agree that at some some stage some news will push this s/p meaningfully up.

The latest two catalysts I was hoping would push this s/p back to the teens pence - strong interim results and II presentation roadshow off the back of interim results - have now passed and have seemingly failed - badly - to do so, alas. So, here's hoping the next news here does push this s/p meaningfully up.. and if no, the next news after that does .. and if no.. etc.. A good thing is that there should be a reasonable amount of news event(s) - potential catalysts- happening here in coming months. Another good thing is that, versus fundamentals, this s/p appears to be a nonsense currently.

Here's very much hoping that patience will be rewarded here in the end.

Generally, I notice that lack of TR1's more and more interzone - i hold a bunch of oilers for my sins and there are a plenty of II selling down on plenty of them :-) - and am wondering if there are circumstances - such as in a slow sell down exercise... in line with max per cent of daily volume for eg - where they are now allowed wait til finished the exercise in total before declaring

thanks for pointing out interzone.. some of the 'top holder' data is way out of date I now see.. and other potential anomalies are apparent off the back/too .. I posted ahead of looking at the detail much at all, apols.. and not sure I should have posted the link at all now.. some info can still be gleaned, seemingly.. but indeed be very careful on any possible conclusions drawn !
Good weekend to all

nice to see today.. 2p ahead of farm out announcement was what I was looking for and we're nearly there.. anywhere north of 3p immediately after announcement would be ok by me.. i'd be - pleasantly -surprised by more than 4p

Welcome back John Law. John of the deep pockets Law's perhaps .. and after your first buy back in trade you've decided to keep buying back for the rest of the day too ? If yes, please keep up the good work !

oops.. if morningstar link is the 'todays' and the save page is the 'August' .. then apols for my being a bit dumb in my last post to you Mr B

Ps: Meant to say: Mr B, The save .l 'major shareholders' page says - on top - that it was last updated 26th Aug.... so what I posted seems more up to date ( fair play for looking to figure this out and sourcing that data as you did.. it was only on the ppc board here on LSE share chat that I became aware of that specific FT analysis more generally, in fairness.. thanks lumphammer btw)

35m ish shares more bought than sold from II's in that 3 month window indeed longshorttrade .. and looking at the s/p chart - i use the nice charts/tools on save.l own website btw- the s/p range between those dates was approx 7.5p to 10.5p .. but the s/p has come off plenty since that data cut off of beg Oct .. so there could easily be more II selling than buying in last two weeks I'd offer.. obviously PI buys and sells and small player II buys and sells not accounted for in that data and that could skew any guesstimates plenty...

If Fidelity were for eg the company AK was talking about that were in process of selling out for green credential reasons, they're now gone for at least a couple of weeks.. but there are a number of II's buying and a number of II's selling recently... and this has also been the case all year I'd expect (as I've alluded to previously)

Very well played lumphammer !! ( and thanks KRTH for adding the link) That's an excellent link and hope you don't mind I just used it for save.l on that board too

https://markets.ft.com/data/equities/tearsheet/profile?s=SAVE:LSE

Scroll down a bit to 'Institutional Investors' and particularly click on 'movers' tab to the right of 'top holders' (note it's for the 3 months of this July/Aug/Sept)

And knock yourselves out !

There seems to be a huge amount of 'additional' stuff potentially going on in parallel the background here - marginal field for development bidding, producing asset for 'distressed' sale bidding, (and not just gas related but oil too in both cases, perhaps/I guess) Niger asset funding/progression sorting out - and then, on top, hopefully progressing on our large existing Nigeria assets too eg new customer(s), infrastructure enhancement etc - and the more of this I hear mention, the more it doesn't surprise - at all - that II money has been watching/waiting more than buying in the open market here.

Also, with potentially more and more moving parts, how the whole thing plays out in terms of s/p movements becomes harder and harder to even have a 'stab' - guess - at, for me at least.

Here's very much hoping AK's HUGE VISION(S) work out well across the piece is most all I've got to offer, in truth (Random path theory and luck comes to mind too though :-))

interesting.. news potentially due soon too.. and you always wonder about leakiness too..

Two reasonable posts there imho SuperRoty..but if they get a positive outcome from this drill that's likely a game changer, so hanging in for the drill results will appeal to many, whatever.. also some will get in run up to results just for the punt of it, even if there is still a chance of a raise in between them getting in and the actual results... and such a raise then is only a guess by you too, of course..

After a little reflection, I'm neither impressed nor unimpressed by this RNS ...a raise instead of a loan has its advantages too of course.. and getting away such a size raise is a reasonable feat in itself..

much appreciated zengas.. and exceptionally knowledgeable / good answer imho.. indeed most everything you post here is exceptionally knowledgeable /good, in fairness... if there is justice you should do very well in this game.. but plenty of randomness seems omnipresent in this game.. TXP finding big again and again was far from guaranteed beforehand for eg..

Zengas, in terms of prioritizing one over the other, would you prefer they first do a strategic acquisition and focus on integrating / optimising that or focus first on Niger asset progression ? (or, as a visionary, you saying both in parallel is an understandable answer, perhaps.. or, indeed, it depends on the exact details of any potential acquisition might be an apt answer too, perhaps...)

top posting again and again and again Urban Racer . Much appreciated

ps: If we strike much bigger gold, let's invite Eric to Madame Una's too.

My guess is more than one Institutional seller and more than one institutional buyer.. and - of course - some PI's selling and some PI's buying too ..with sells more likely to be out weighing buys in the II space than the PI space.

A thing that is annoyingly in my head currently is that MAYBE 'new' II money will be slow to come in here via the open market around this time as there's a perception of a good chance of an acquisition here in the coming months.. so 'new' II money will wait and see if such is proposed, and how appealing it is and if there's a placing as part of this.. so they'll look for a good opportunity to get in via that in decent size at a 'good' -for them - 'off market' price. ( and the US election 'effect' would be better known by them around then too )

Much appreciated for pointing that out Robs.. and I did indeed need to upgrade my understandings here.. ( and that Arden note will help plenty thanks.. but I've only glanced thru it so far )

But as this gas is their only form or revenue at this time - I think ? - obviously the have a very big bank balance independently too - and instead of Ardens lowly 3.8m gbp rev estimate for 2020, a strong gas price thru all the second half of year may get that up towards 4.5m gbp even ?..so that's something, and would see forecast Gas Opex level loss come down meaningfully from 1.1m gbp at least )

Altogether, the other reasons for holding here are interesting to me too.. but unlikely i'll add more around this time either now..