Member Info for Seedcorn

Ok so weight loss jabs are catching on. 🤷‍♂️ Does that assume all users of the weight loss jab were Greggs customers? Perhaps some of them were/ are not prepared to diet or exercise or just enjoyed too much of other grub such as takeaways, chocolate, sugar loaded forms of food, alcoholic drinks eg wine, lager and beer or even fizzy pop? The Parkrun take-up, including many new venues, has expanded rapidly over recent years too but participants are still known to enjoy Greggs products (that will be me then!). Jefferies forgot to include the impact of the Parkrun on Greggs bottom line and yet did they single out Greggs as the sole business that weight loss drugs impact? What utter rubbish! Frankly, using my eyes everyday, the evidence I see in and around the 6 or so Greggs shops in my town is that the Greggs offering is in demand from workmen filling up on breakfast fare on their way to work and large numbers of people of all descriptions making up the footfall and using their well located shops. Time will tell. In the meantime I await the company news on 3rd March with keen interest.

Not sure what I was expecting? Anything that was going to cause fireworks would have been in an RNS I suppose. The speakers, whilst I didn’t expect them to be telling jokes or dancing on screen, were very unenthusiastic and bland in their approach. I hope their lack of energy isn’t a symptom of the future direction of the company.

Suspension of the dividend, recent arrangement with the Indian JV company and repeated statements in the rns of the/ a positive future all underline the difficult times the company is encountering. However I feel the approach of the board is reassuring. They have been proactive, are on top of the bridge welding issue and have been decisive in cost control measures. Having two strings to their bow, UK/ Europe and India, provides diversity of opportunity. I’m going to hold and add if the sp drops and provides that option. This hasn’t suddenly become a bad company. Just my opinion. DYOR.

Fundamentals look positive. Share buybacks, especially at the current low share price, could be beneficial. Would have liked to have had an indication of when dividends will reappear.

DCQ - Daily Contract Quantity. Will probably be an average over a specific time period to allow for offtake fluctuations. Fairly standard throughout the industry.

Hi Olderandwiser, you raise a good point. I hold both plus M&G. I feel all three are sound businesses and have longer term potential. They are in the right space for continued growth I feel, and if we are talking about the SP then it must be in the context of the under pricing of many UK FTSE 100 shares in my humble opinion. Look at the progress that JXN has made in the US. Could it be replicated here? With Phoenix I have experience of using them as a customer over many years and their customer focus is rubbish. They just cannot get anything right and are so frustrating to deal with. I think they are aware of that poor performance and are trying to put matters right recently - but tankers take a long time to turn around! Have a good day.

Zac0. That is a really interesting comment you have provided as to where you are reinvesting. I bought Legal & General for the dividend and have been considering where, if I were to sell, I would reinvest. Not sure I’m quite ready to do away with income altogether but it’s nice to see some potential alternatives for consideration. They seem to chime with the type of opportunities that my stakeholder pension was invested in, comparable risk profile 6/7, and that has done very well over time. Food for thought. Thank you.

Zac0. That is a really interesting comment you have provided as to where you are reinvesting. I bought Legal & General for the dividend and have been considering where, if I were to sell, I would reinvest. Not sure I’m quite ready to do away with income altogether but it’s nice to see some potential alternatives for consideration. They seem to chime with the type of opportunities that my stakeholder pension was invested in, comparable risk profile 6/7, and that has done very well over time. Food for thought. Thank you.

First time ever with this share I made the right decision. Nothing to do with Turkey but only just caught up on the rns of yesterday and realised enough was enough. I sold out my holding 24 minutes prior to this last rns! Phew

Just touched on the potential of, or lack for any life in the share price with my son. His reply - Dead cats don’t bounce! 😳🤣🙀

Surely shareholders are the business owners? Is this going to make us richer? I think not!

Some time ago, after an attempt to hold the board to account for their poor performance etc., the dynamic duo of CEO’s promised all sorts of improved communication with shareholders.

Well, where is it? Why do the CEO’s feel it is better to buy back shares instead of returning ‘spare’ cash to shareholders directly? Is it because once the buybacks are done they can issue more shares to raise further cash to squander on rubbish investments. None of their actions make any sense. West Newton has gone to sleep. Our one asset with potential is sitting idle with zero tangible progress.

Will shareholders ever realise any benefit from holding EOG shares? Another board appointment. What value will be seen by shareholders from the appointment?

The sudden rush of rns’s over the past two days has me on the edge of my seat - not! I do hope the rns drivers are able to slow down their fast pace in time for Christmas. The complete lack of any credible dialogue with shareholders or a clear and obvious strategy pathway is a disgrace. Not that I am in the least bit disillusioned by the UKOG story to date 😜 as we have produced more worthless shares than many comparable oil companies. 👍The only saving grace of having a farm in partner is that the partner might actually do something? 😳 Rather like our fast and furious Turkey progress. 🤷‍♂️ Or perhaps that is hope rather than current UKOG experience. 👎Perhaps all will be sorted by COP 2050 but by then ……. Does Greta T do a decent rns anyone? 🤣

There appears to be more stability in the workforce. Plenty about revenue growth but potential for profit seems opaque? Revenue does not equal profit so is there any realistic prospect of doing more than tread water? Heavy emphasis on governmental contracts seems to present an unbalanced picture. Given the current high level of government debt surely it would make sense to have more non governmental work contracts in case austerity measures are brought back in earnest. Perhaps the year end results will be more transparent.

Guns available now. Not before time in this country where it is apparently easy to get from discovery to production in double quick time. So will it be Turkey for Christmas or nut roast? The moment of truth approaches.

I can hardly contain my excitement at the furious pace the Turkey operations appear to be moving according to todays RNS. Will we be enjoying Turkey this Christmas I wonder? Perhaps we may have to make do with the vegetarian option. This is one gift that may disappoint. Only SS can tell us.

I am out too. That hurt ……. but I have learnt from the experience!

Interesting, looking at the company website, what a variety of positions are open and needing to be filled. Shows the demand in this field of work for qualified people. I wonder what sort of response the company gets?

It is important to note the comment made about the anticipated water break through in the infill wells. The high oil produced rate can change significantly when this happens. We have been made aware that it is expected so best not to put too much emphasis on the continuation of the early high oil rate methinks.