The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Despite sp's being pushed down recently the profits and free cash continue to flow for Oil stocks ensuring they are positioned to bounce back on sound fundamentals.
https://twitter.com/surprised_trade/status/1717097141041009028
Shore now state this morning that '' the Competition and Markets Authority’s review is unlikely to result in a negative outcome''
The Pets share price in early trading is down from 400p just 12 weeks ago to 286p, a second tranche of the Share Buy Back Programme is expected to be undertaken and details are due to be published.
'PETS management said teething problems at the new distribution centre resulted in lower product availability for a few weeks between August to mid-September, these temporary issues are now resolved. '
'Shore Capital, says it has added pressure on the second half to deliver more than 55 per cent of the annual profit.' ..
Pets have not gone out of fashion, Xmas period is likely to make up for a few weeks shortfall and the importantly the new distribution centre will aid quicker more cost effective deliveries over the next period.
With respect 1863 you posted on 16 Oct 2023 13:42 -'' I wouldn't be too bothered about the drop in SP. Patience is the order of the day here. Ceres looks well placed through its 'licensing model' to take full advantage of this market ...eventually.''
You then posted on 19 Oct 2023 19:54 - ''I remember holding Glencore when it was 80 pence. Sold my holdings. Same with Rolls Royce. Had I kept my nerve & held I would have tripled my money. Ive only got 9,000 CWR but I shan't sell. My advice..Come back in 6 months. GLAH.''
Today you posted - ''Anybody who isn't seriously concerned about the catastrophic drop in price since we joined the FTSE is either a paid ramper or mentally ill. On Monday I shall offload all my CWR because there's something going on here that small investors are not being told about. Just ignore all this ramping garbage they are as clueless as we are. Markets DON'T lie.''
Imo markets do lie more often than not. A share price is often either over or under valued at different stages and different times and therein exists the reasons investors see value or not depending on their time scales etc.
If the facts change then clearly views will change, currently the facts are the same, as far as we know, the only change is the sp (as are many this week) and a rising sp often has no more good news built in than a falling one has bad news. It's what makes a market.
Testing times when an sp falls and it can have an effect on peoples judgements and views over a short space of time....there's always risk in any share, however, there is equally opportunity too and that is also what makes a market.
Good luck with your investment choices, it's not easy in current markets and hopefully 200p will be just a short term dip as I'm sure the Phil the Ceo will share the same view after his substantial purchase at 320p a few weeks ago 😳
SQZ Selected as one of the top five biggest UK yields covered more than 1.5 times by earnings
Serica Energy (SQZ:AIM) Forecast dividend yield: 8.2%
North Sea oil and gas firm Serica Energy (SQZ:AIM) offers a generous yield despite a strong balance sheet and robust energy prices – this presents an opportunity for investors.
Having previously been almost exclusively focused on producing natural gas, the company added oil to the mix through the £367 million acquisition of Tailwind Energy which completed in March 2023. Its output is now 55% gas and 45%
oil and the transaction also made Serica one of the top 10 North Sea producers by volume
first-half results published on 18 September revealed the company generated cash flow from its operations of £266 million through the period....
... the 12.5% increase in the first-half dividend is a marker of the company’s commitment to continue rewarding shareholders in this way.
Serica’s enviable financial position should allow it to invest to help sustain and build its production, both organically and through acquisitions, providing the cash flow necessary to fund dividends.
https://www.sharesmagazine.co.uk/magazine/apiDownload/2023-10-12-Shares/8d7ee952c7d87705ae4194cd27bf8753?edition=ajbyi
Https://www.cmegroup.com/markets/energy/natural-gas/uk-nbp-natural-gas-daily.html#venue=globex
day ahead...
Gas on the rise, up another 10% .....😳
UK Gas 128.2200 +43%
https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5508885
Nov23 128.220 10/12/2023
Dec23 138.500 10/12/2023
Jan24 143.630 10/12/2024
Https://twitter.com/baroninvestment/status/1712068422358442346
Headlinethrough for you that hold O&G #SEPL:
*SEPLAT CEO: EXXON NIGERIA DEAL `ON FAST TRACK' TO RESOLUTION
Https://www.nasdaq.com/articles/nigerian-oil-regulator-optimistic-on-exxon-asset-sale-to-seplat
very interesting :-)
UK Gas GBp/thm 122.6800 +12.25% on the day +33.90% on the week
A probe into a leak from an undersea gas pipeline between Finland and Estonia is proceeding on the assumption that it was a deliberate act of destruction, according to people familiar with the matter.
https://www.bloomberg.com/news/articles/2023-10-10/finland-gas-pipe-leak-probe-proceeding-on-premise-of-sabotage?leadSource=uverify%20wall
PTAL back at August's price 😳 from 49p a few days ago. Profits growing, FCF growing, divis growing, cash growing....brokers have initial targets of 100p -150p
https://twitter.com/surprised_trade/status/1711676785329410469
.pulled back from 270p, with oil & gas rising expecting a challenge on 270p+ ahead of ex divi (9p) day 26.10.23
https://twitter.com/surprised_trade/status/1711675197802025314
''...expectations of a continuing strong performance and we are encouraged that the Investors Chronicle, and the Peel Hunt analysis to which it refers, both hold Serica as a recommended buy on the basis of their analysis. ''
IC view ''...a solid position and the higher oil price should drive up sales in the second half. Buy.''
Macro events always trump gas/oil sectors/companies and sp's are affected accordingly as all markets and sectors have seen a drop over past week there is nothing Kist specific in the share price movement alone ....markets will test holders with low tolerance, it's what they do on occasions.