Member Info for surprised

Sepl is the best kept secret on the oil markets (and social media) to date..at some point more folk will see the potential ahead with the increasing free cash flow, increasing production, increasing profits, increasing production, increasing divi (currently approx 7%)..increased my holding a couple of days ago :-)

Lol..yup, most of our politicians should stop promoting their energy policies before they actually understand the costs and vulnerabilities of renewables etcas they are attempting to sell a vision of energy supply that is simply not there and wont be for some time....a major rethink on costs, viability, time scales etc relating to wind/solar is required and oil will be in the mix for many years to come :-)

On the part of politicians promoting cheap green energy, they are either incompetent or at best disengenuous as is being proved weekly by the wind industry. Costs are rocketing and problems are increasing in the wind sector. Low emission fossil fuels being an attractive and reliable source of energy for most nations :-)

We'and other sacross the globe will be needing oil and gas for much much longer....

Interesting developments for wind as costs soar and major projects cancelled as UK's energy supply from wind runs into major trouble, following on from Siemens wind turbine problems that will cost £1 billion on current estimates to rectify and concerns that the pace of change with untested wind machinery equipment will have wider issues across the wind industry,

Cheaper' wind power not so cheap as UK projects cancelled, a problem for @UKLabour with it's 'UK green energy' plan.

'The geopolitical situation has made offshore wind & supply chains particularly vulnerable. Overall, we see cost increases up to 40%.'

https://www.energyvoice.com/renewables-energy-transition/519736/vattenfall-calls-off-norfolk-boreas-due-to-rising-costs/

Https://twitter.com/surprised_trade/status/1681938318127185920

broker has initial 800p target price.

Reminder of latest Liberum broker report ...

In our view, Ceres Power is a “must-have” ticket to the energy transition within our coverage. Ceres has both fuel cell (power) and electrolyser (hydrogen production) technology exposure. Its solid oxide technology is gaining greater commercial traction, and its commercial partners are world-class operators in their industry niches. The company operates a capital-light, licensing model that delivers high margins, and is highly scalable relative to peers. Above all, Ceres, is just one year away from the major catalyst of receiving first royalty revenues from Bosch and Doosan who will both produce

and ship fuel cells, at scale, under a Ceres licence.

We forecast first electrolyser royalty revenue for Ceres in 2030. We initiate with a TP of 800p and a BUY rating

On our numbers, share price only pricing in 80% of fuel cell business NPV and not pricing in anything at all

for electrolysis.

Indeed thehickster, looks low to me too on 2023 forecast, without checking I think stocko has it's forecast for 2023 considerably higher, the sharepad figures (I'm a stocko user) struck me as being much higher in 2024 than I've seen anywehere and clearly only based on known knowns and as we all know forecasts are handy in providing a general view of travel but are subject to changes as the business evolves etc....loads of moving parts however thought it interesting to see how some platforms are viewing the outlook and both sharepad and stocko have SQZ as a highly rated stock on all the usual metrics investors seek...time will tell, good luck :-)

Https://twitter.com/surprised_trade/status/1681237233263603712

IP case date re set and Tesla adopting a defensive counter claim.....still expect a takeover offer for #cpx in the interim at much higher than current sp

Https://twitter.com/surprised_trade/status/1681221119590780928

forecast figures ...worth a read for those who like to invest in companies at a discounted (cheap) share price that is capable of generating profits, Free Cash Flow, dividends (utilising past tax losses to advantage ) and with the potential to increase all those aspects :-)

Gas and oil edging back up again :-)

It's what makes a market, different views, different positions, long shor,t bitter posters, postive holders etc. however, personally glad SQZ now have oil, generate FCF, profits and an 11 percent divi and have the opportunity to add value with the cash pile going forward, along with increased FCF with oil and gas price increases...profits, cash balance, FCF and a very handsome divi , a lot to like and particularly at current sp :-)

Https://twitter.com/surprised_trade/status/1680951033822953472

added to SQZ at 199.99p....so badly priced in relation to profits, FCF, etc you just have to own it down here.....markets can be irrational for some time, case in point #SQZ, increasing FCF, profits, divi and cash pile 50% of mcap

So a negative view on them as well or the jury is out then Newk ?

do you see an increase in sp from here and what's your target if you have one?

do you think SQZ will secure a new deal/acquistion soon ?

can you see a reason to hold SQZ shares from here ?

What would you advise the bod to do from this juncture ?

Anyone think these new bod menbers are not good additions ? look very qualified and decent additions to me ..

Look like very good additions with vast experience -New Deals incoming ?

Kaat has over 25 years of experience in the petrochemical and upstream oil and gas business. She has held a variety of positions with ExxonMobil, Shell, OMV, and Nostrum Oil & Gas in Europe, Nigeria, Russia and Kazakhstan. Kaat is an experienced Non-Executive Director who currently holds Independent Non-Executive Director positions and chairs Board Committees at Glover Gas & Power B.V/Axxela Limited, the largest private sector natural gas distributor in West Africa, and at Trinity Exploration & Production Plc which is focussed on Trinidad and Tobago.

Sian has over 30 years experience in Oil & Gas, IT and renewable Energy industries. Her career includes roles at Halliburton Corporation, Oracle Corporation and Aker Group, across multiple geographies. Currently Sian is UK Managing Director for Aker ASA's Mainstream Renewable Power business which is responsible for growing a renewable energy portfolio in offshore wind and hydrogen. She is also a Non-Executive Director and co-chair of OEUK Ltd, a Non-Executive Director for the UKs Net Zero Technology Centre Ltd, and a Non-Executive Director for Aberdeen Harbour Ltd (Port of Aberdeen).

Investor behavior has been the focus of many studies, and numerous theories attempt to explain the regret or overreaction that both buyers and sellers often experience when it comes to money.

The reality is that the investor's psyche can overpower rational thinking during times of stress, whether that stress is a result of regret, over thinking or even panic. Taking a rational (calm, methodical) approach to investing— managing euphoria or fear of market developments—is essential.

It is a difficult taslk for most investors to master and the great Warren Buffet stated his focus was not on weekly or monthly share price action but on the business (profits, cash balances, etc) and simply if he believed it will be worth more than the current price in future.

Https://hiddenvaluegems.com/myportfolio/kistos/investmentcase

The tax burden has indeed increased. However, this first followed an unprecedented surge in energy prices. Kistos earned €270mn FCF in 2022 (more than its current market cap) as record prices more than offset the tax burden. Besides, the UK tax regime provides investment allowances for up to 91p on each 100p invested. Finally, with its entry into the Norwegian shelf, Kistos has diluted the effect of negative fiscal changes in the UK and the Netherlands.

The market is also missing the exceptional capital allocation skills of the current management team headed by the Executive Chairman,..........

Https://hiddenvaluegems.com/myportfolio/kistos/investmentcase

At spot prices, Kistos should earn FCF that equals its current market cap. It has all-in cash costs (including capex and interest expenses) at about $30/boe. Such an attractive opportunity exists because the market is focusing on the wrong side and misses the true value drivers of this business........

Kistos: the opportunity and what the market is getting wrong about it

The market views Kistos as a collection of mature assets in a cyclical sector facing growing fiscal pressure. While formally, this is correct, I disagree with the conclusions.

Oil and gas prices are indeed cyclical. However, following an extended period of falling investments, changing behaviour of industry players, and growing cost of capital, not least due to the ESG pressure, the energy prices will likely stay above the historical trend in the next 3-4 years. Besides, as a fully-funded, low-cost producer, Kistos does not require high prices to remain profitable. ..................

........ ........Kistos is below the radars of many large investors, so its share price is more likely to be priced inefficiently compared to larger companies, providing a better opportunity for private investors...........

Https://www.thetimes.co.uk/article/ceres-cto-its-been-a-rocky-journey-6r5zvshh3

The company, which employs 600 people, has developed fuel cells for power generation and electrolysers for green hydrogen. It claims that one cell is enough to light a room and it has 250 megawatts of capacity due to come on stream next year through licensing deals with manufacturing partners including Bosh, Doosan and Weichai. This could power half a million homes.

Ceres, which was listed on Aim, for 20 years, made its debut on the main market of the London Stock Exchange (LSE) this month. It was a milestone for a company whose path has not been entirely straightforward.

It was founded in 2000, later spun out of Imperial College London and now has its headquarters in Horsham, East Sussex. Its share price plunged from £15 in 2021 to £3.30 last month over concerns around growth and delays to key deals in China.

“It’s been a rocky journey,” Caroline Hargrove, chief technology officer, said. “But this is the kind of [technology] where you . . . take two steps back, before going three steps forward. You need patience because you need to be able to prove efficiency but at the same time it needs to be manufacturable and robust. It’s not good enough to work on a bench: it has to prove that it can work for five and eventually ten years and that it can be scaled and manufactured.”

Access to a wider pool of investors was one of the reasons for the move to the main market, said Hargrove, who took up her current role in 2021.

She said that the company had considered an overseas listing but said the LSE “has actually been supportive of us” and that Ceres has “faith in the UK technology scene that the science and technology based in the UK is good. We do need some companies to show we can succeed.”

Sir Richard Friend, a British physicist who was the Cavendish professor of physics at the University of Cambridge, were said to have been impressed by Ceres’ “reversible technology”, which can generate both electricity and hydrogen “at high efficiency and low cost”, an innovation that the judges praised as “a huge breakthrough in the clean energy revolution”.

Hargrove said that winning the award was “a big stamp of approval that our technology is what we say it is”.

Https://www.thetimes.co.uk/article/junior-doctors-strike-nhs-uk-hospitals-july-2023-s8f0hg2wb

NHS waiting lists reached a record high yesterday and figures revealed services are under high pressure as junior doctors began an unprecedented five-day strike.

There are now 7.47 million patients needing planned hospital care in England, while A&E and cancer targets continue to be missed.

BIG work programme ahead and Rishi has to have a plan to reduce the lists using all rescources available over coming months....TLY sitting at lows sp wise and seeking greater margin work, as one of the trusted NHS providers should see an uplift over coming weeks from these levels after a dissapointing period and an adjustment to their model ....

Https://twitter.com/surprised_trade/status/1679387655912521729

.so badly priced in relation to profits, FCF, £75m unrestricted cash, divi 11%, buybacks & now hitting record production ahead of expected broker upgrades, you just have to own it down here.

broker note '' High yielding 15% FY23E and FY24E (as per RNS of 30 March 2023) is not yet priced-in by the market. Expect FY23E guidance to be raised in August. Expect strong future growth in reserves and production''...current target 100p+