Member Info for NormaStits

Erm…hang on a sec, upomega..

Exactly. About 25% of my pay is via LTIP shares. I don’t then buy more from my cash remuneration in order to ensure diversification. If he got paid more in cash and nothing in shares, it would be a reasonable question. Otherwise, nothing to see here.

Do we know the structure of the hedge? Have they protected with a floor value rather than sold forward?

Is it the SQZ divi not any TW divi to which they are referring? I’ve not caught up beyond the headline statement so haven’t seen the note.

I guess we just don’t know the long-term motives, although I know your instincts. I think the combination of assets is a good one. Far from perfect (what is?), but I’m staying and have added for the journey ahead. Can purchase at what I expect to be a (minimum) 10% yield if the interim nudges a bit higher later this year.

ATB.

So assume you’re adding at this level? ;-)

Required by lenders?

Plenty of mileage left in you upomega?! A few years of 25p (and growing) divi per year wouldn’t be a bad start. Until the naughty boys at M steal us and take it private for ten bob per share somewhere down the line ;-)

Upomega, for you I break my vow of silence. I’ve held this for more than 10 years. If I’d wanted a 13x return I could have sold last year >£4. I didn’t. You could have done the same. I remain a holder and have added in the early £2 range this year. Tomorrow is just first glance NOT the whole movie…

>9p

Thank you, Terry. The vow of silence is about to take effect so will engage further in due course. I can say a lot about ‘institutional’ investors, and how it works, as I am one. It is not as you seem to perceive it, but that’s another time.

Now zip it Norma!

I’m just going to stay quiet now, Banbury! I am in a tiny minority here in trying to ‘see the other side’. Better to watch the story unfold over time and that will truly reveal as to whether the deal was poor or not. Next week’s results are only one chapter in the story, not the whole. I’m interested to see what emerges, but it’s the beginning rather than the ending. I look forward to seeing the reactions on here, but will tie my hands to prevent narrating further.

All the best.

No offence taken at all, dick. I welcome and appreciate your take on this and, indeed, those of others that are of sound and rational mind. None of us know everything or think of every scenario.

I have a number of private investments, but no public to privates. I would indeed be out if M tendered for public shares at ‘fair’ value or not. I have a decent holding here, but no emotional attachment and if it provides good upside in the next 12-18 months will be out.

Promise you I do get it, dick. I was being somewhat tongue-in-cheek.

I do not have any evidence or sound reason to suggest that the scenario you highlight will unfold. It might or might not. However, I will go off what is published/known plus my own perspective on what’s ahead. That is no more or less valid than anybody else’s view.

I could equally say that you “don’t seem to get it”, but that would be me passing judgement on you when I have no right nor reason to do so. Your opinion is totally valid as it’s yours.

I am staying optimistic until I have reason to change that stance. As I have said in recent months, I have no idea what will happen in the next 18 minutes never mind 18 months…

All the best to you.

Yet more evidence of this appalling transaction ;-)

Indeed, what a fine pair!

Not sure who has won anything yet upomega? Please elaborate. I thought you were not able to come to the City for a while? Very happy to meet up with any that can…

First chance to see the balance sheet, financials, dividend, ‘sentiments’, etc. That’s all. This is all price-sensitive stuff, so hasn’t been released yet. Why would it have been? Nobody mentioned a box Upomega. Box irrelevant now. Whatever was or wasn’t in that box is now simply Serica’s finances now that the marriage has started…

Right you are BB. Maybe production will surprise to the upside…but fool’s game to predict that as so many factors can disrupt it.

Get the popcorn ready for the mid April release. I am intrigued by what will be revealed, but reserved as that release only represents the starter’s gun not the finishing line.

ATB.

Whatto Banbury. You cannot seriously be pointing out the 1 day relative movement of gas vs oil? C’mon now. I know we take different lenses on the transaction, but that’s a random observation. Shall we look at the 6 month relative chart on those two?