Member Info for SBB1

December invoice 14.1m
January invoice could be nearer to 16m
Get oil into the 60s and we could be looking at 20m per month revenue.

Where can we see what our oil is sold for ?

The trend is your friend... always buy a stock in an upward trend and never try to catch a falling knife as that's a mugs game
Investing becomes a lot easier when you can just hold your shares, sit back and watch them breaking out to the next levels up
We have oil and news flow on our side
Support 136
Short term target 170
Feb 200
March 250+
June 280+
Sept 300+
End of year 360/420
Glut draining at 4 million barrels per day !
January 57$ oil
February 60$ oil
March 65$ oil

Target 350 - 400 in 2021 .
Brent heading to 60$
Weak dollar
Glut clearing @2.5m bpd
Increased production coming
Money owed gonna be paid
Target production 55,000bpd
200% upside in 2021
I can see this jumping 10% in a day very soon
The money owed equates to 25p per share!
The trend is your friend
If you have the time and you can play the long game...... I reckon we will all be rewarded here.
After Saudi and opec+ cutting an extra 1.4 million bpd we could be draining nearly 4m barrels perday. Just think about that !
Can you play the long game..... if you can 2021 could be an excellent year!

I see the boring hunt is back.
Report report report the posts.

Ask him that question on twitter..... I'm sure he will answer you...

Clear as day the Current bod were driving the company into the ground, Jb couldn't do anything because of the injuction, the only way he could get change done was selling his holdings under 10%.
He has posted in his blogs everything.
8 trading days until GC in his new role.
26/27 trading days untill JB drops to 10%.
If you read his twitter posts everything is clear and you can piece it all together.
Bod are a disgrace and just burning share holders money.
JB been extremely busy on twitter tonight , I suggest everyone reads the posts

if amigo didn't give all these parasites money back they would have made 75 million profit.

We would have Mkt cap around 450 million. Not 30 million like now. No wonder JB calls 90p - 1 pound a share!!!!!

Thats 2.2 million shares not pounds!

8 trading days untill Glen Crawford starts his new role, he will be extremely disappointed seeing his 22 million shares valued at 1.35m.

His last buy in march was 1.2m pounds worth at 38p.

Lovely 2.2 million pound buy today at 6.7p was it glen averaging down ?

If good news lands Monday, all those sellers what sold on Friday to Bank profits might be able to buy back on monday at 13s if they are lucky. And ride it to 18s

If eps shows 10p per share this should be 30p minimum
I reckon eps will come in at 13p so minimum share price should be 39p!

Massive rerate comin here.
I should have bought more in the 7s, extremely disappointed with myself but hey ho.

Glen Crawford is the key.

He is JB man!

I reckon Glen Crawford will get a buy back done of JB shares!
Watch this space people... big big big scramble coming for shares over next few weeks.

last year on final results they announced a dividend of 7.45p, it cost the company nearly 35m

Total dividend for 2019 was as follows
Jan 2019 1.87p
18th July 2019 7.45p
Total 9.32p

In 2020 so far
January 3.10p
Judy 2020 I doubt we will get a dividend, but we me get a 15 million buy back of shares over next 30 days.
500k per day. Just my opion as the company haD 136m as of 30th June!

Why did the company increase the dividend in January from 1.87p to 3.1p if they were in trouble.....

Could be massive scramble for shares monday, I reckon eps per share will come in at 13p.

If that is the case the company should be valued at 39p minimum!

Good luck fellow longs!

Good news is released on Mondays for maximum uplift.

Bad news are normally released on a Friday morning or towards end if trading day on a Friday!

If company announces buy back and JB is getting other companies to buy his stock.... we might see a good old scramble for shares!!!

Directors will now be free to buy stock!!!!

It's a worked sell though out the day.
The price shown is the average price of the worked sell. It doesn't mean 1 buyer bought all of them either.

Dow Jones up 500 points from 4.30 close... could we have a good day tomorrow...

Oil up
Us futures up.

If it hits 42p I'm a buyer.

Need 200 million shares.
This has got mid 40s all over it in next few months a head.

What we need to break 29p

Shorters closing
Dopey doing a buy back for 100m shares
Big guns going long
Another asset sale announced

Patience people!

Back in with my trading shares this afternoon.

Bulls made money on oil 26 - 32$
Now time for bears to make money taking it down ?

Oil data this afternoon
Jobs data tomorrow.