Member Info for Phyl

Scrub that, I think it presented itself on Friday!

Does anyone know if this late trade (15th Oct) that has just appeared on this morning's trades affects today's SP at all? Any idea why it would only show up this morning?
15-Oct-20 16:24:17 24.125 110,500 Buy
Doesn't make any sense to me. Really appreciate any clarification.

15-Oct-20 16:24:17 24.125 110,500 Buy

Have a super weekend of sport oldtramp!

OHS, just arrived home from my daily walk to find your posts. Having read & digested your most recent post I also concur. Really positive but not unsurprising if truth be told. I believe SAE & NRW have developed a sound working relationship. I'm also cheered by the slight SP increase! Looking good.

Share price at bargain basement levels again. Twice as many buys as sells so far today, yet, once again on a Friday we see a falling SP. There's no real rhyme nor reason behind it. It can only mean one thing... witchcraft.

I hear National Grid might be struggling to fulfil its green energy obligations due to an unusual lack of wind turbine power. Well then Boris, if ever there was a need to consider tidal!

I hear National Grid might be struggling to fulfil its green energy obligations due to an unusual lack of wind turbine power. Well then Boris, if ever there was a need to consider tidal!

Yep, I agree. All looking good. Nothing to get concerned about in terms of the dialogue between SAE & NRW. Having had 1st hand experience with environmental agencies in the past, they tend not to agree to hold meetings. They simply want everything in writing and subsequently logged. NRW just being through as you would expect. Good news (in a way) that they are discussing water/pollutants at this stage as this demonstrates progress being made. As previously intimated, still very much on-track for a decision by the end of the current quarter.

Hi Strangy83, tough one to call but (my opinion only) on any positive EP news, I would expect the SP to jump toward £0.30p then following the consultation period end up toward £0.35p then upward as we reach each milestone thereafter. Brokers consensus of opinion is around £0.77p/Share on financial close. Probably not an unreasonable expectation. Going forward, profits from Uskmouth can then drive further investment in tidal & other (potential) projects but it's likely to be well into 2023 & beyond before we will see the £1 per share barrier being broken. This is what I think but other regular postees might have other views. All of which are to be respected more than mine I hasten to add.

Morning oldtramp/all. All a bit subdued this morning. SP down a tad following yesterday's gains which, I guess is to be expected although, generally speaking the majority of the market looks lower today following the latest covid announcements. On a more positive note, some brilliant recent posts all of which continue to underline SAE's vast potential and in particular, tidal. It'll be interesting to see how the SP behaves over the next couple of months as we edge closer to news of the EP. Just say though, the SAE SMT certainly seem to be laying down the plans. Once again, exciting times for us investors!

Evening all. oldtramp, I'm 100% with you on the not-too-far in the distant future benefit of tidal on the SP. In the recent past I've been quite outspoken with my view that tidal alone is worth every bit the entrance money to SAE shares never mind Uskmouth which we know us a game changer for us. However it's absolutely tidal that has contributed the most to halving the losses this year and I suspect/hope there's a very good chance that next year, increasing tidal revenues can help the company at least break even or indeed make a small profit. That said, I'm also aware that the anticipated profit from Uskmouth will help drive further investment & project tidal work. One division helping an other so to speak. Hold on to belt n braces then as we look forward to (pardon the pun) a surge in tidal driven SP! Exciting times these for us investors! Don't know about you guys but I sort of feel like were in a club of our own in this forum. There's no other like it! Now were' s that bottle of wine?

Hi Chaseable, an SAE investors quandary that one. Current SP ridiculously low as it stands but could it get lower before yr end? Possibly. I would expect the SP to shoot up to £0.30p + (its already been £0.33p so not an unreasonable expectation) on any positive news so by waiting you would miss that almost certain initial spike. That said, by waiting, you would be invested ahead of the next (PP) milestone so arguably by doing so is the safer bet. However, as you know, potentially not the most profitable. To give you an idea of my own position, I invested at £0.13p/£0.17p/£0.26p & £0.27p on fully expecting a positive outcome right from the word go. I would accept that each individual has a different attitude to risk & gain so any investment decision needs to be carefully considered by one an all. What I would say is that paying a few pence more (potentially) per share would almost certainly pale into insignificance should the EP be granted and I think were all expecting it to be. Apologies if this doesn't help. Good luck with any decision though.

Guys, yesterday I had a telephone conversation with Sean Parsons, SAE's Director of External Affairs. The call itself was very kindly facilitated by Cara Donovan following an enquiry I made last Sunday after the NRW update on the Friday before resulting in the SP crash. The SMT were fully aware of what happened but surprised by how the SP reacted. Sean explained that discussions with NRW are frequent & productive & that as far as they are concerned, the timings for financial close are very much on-track. As fellow investors, just thought this would be of interest to you. The fact that Cara could be bothered to facilitate such a telephone call in the 1st place once again demonstrates to me what a super ran business this really is. Lots to look forward to here I think.

Lovely jubley as Del boy would say. Some great posts on tidal by the way oldtramp!

These shares still a bargain at this SP IMHO. I'm sure there's a Duracell in them somewhere. Can see SP reaching beyond £0.30p on any good news and there's plenty in the pipeline to make that happen!

Not as far as I'm aware unless anybody's else has heard anything over the grapevine?

2 x transactions/2 x buys yet SP drops 1/2 penny. MM's mixing their potions again?

The fact that this year, SAE have worked to reduce their profit losses by half and coupled with the excellent recent posts on Tidal energy were SAE have business interests in several projects (UK & Overseas)and furthermore, actively seeking other projects from around the globe, it is entirely possible that the company will (at least) break-even next year. In 2022 it could well show a demonstable profit. This is without any progress with Uskmouth which, as we know, is a game changer for all vested parties. With SAE, Brokers tend to forward price SP based on Uskmouth alone but what about Tidal? It feels like were so close now to making profit this alone is surely worth the entrance fee?

Tough one oldtramp. If only we could borrow Aladdin's lamp or failing that, Mystic Megs crystal ball? ( I think I'll go with Aladdin's lamp) On a serious note, difficult to tell. If the experience of holding SAE shares has taught us anything, they will remain volatile. It's like what the commander used to say in Stingray: "anything can happen in the next 1/2 hour") I'm minded to top up (on top of a top up) this afternoon but the cautious me says hold on and wait n see as there's still a way to go before we heat any decision from NRW & literally anything can happen in the meantime. I'll do what I always do when given a dilema: I'll go make myself a nice cup of Yorkshire tea & consider it. Anyone else topped up today apart from Celery?