Member Info for surprised

'There’s strategic logic. Serica is 85 per cent gas, so vulnerable to a drop in its soaraway price, while Tailwind is mainly oil. And not only does Tailwind bring diversification, it also adds something else: the nous of its big shareholder, Mercuria, a mini-Glencore, Swiss-based commodity trading house. So handy for Serica’s international ambitions; more important, too, since the UK imposed a swingeing windfall tax...............'

https://twitter.com/surprised_trade/status/1605583248720949248

added to.. KIST 420.6p...pulled back from 470p looks cheap with expected deals and or buybacks etc ahead

decent £10k lump in for xmas ...

https://twitter.com/surprised_trade/status/1605513824878166017

divided market on the new deal, however, increased position on the sp drop yesterday, my view is #SQZ actually grows from here once the dust settles and the sp too ..

;-)

''Serica's non-WFT profits could be very valuable. £1.2b in ring-fenced corp tax losses and a further £1b in supplementary charge tax losses. That's quite a lot of tax!''

It is, imo the bod have been a bit smarter than the initial quick reaction of the 'market' on this deal....once the details are fully understood, it's a complex deal and wil take a day or two to assess, the larger group, the 'value' of the debt the increased reserves, diversed/spread risk to greater oil and the potential greater cash generation should imo see a reversal from initial negative opinion to a great deal more positive and a rising share price back over 300p+. I may be a lone voice currently, we'll see, I've added on the drop as stated below at 256p :-)

https://twitter.com/surprised_trade/status/1605118422605611008

added to SQZ holding @ 256.43p.

with respect, cash sitting in a business is great for a short period, but it needs to be used for growth investment etc or it starts to lose value...the bod imo have actually been reasonably smart here growing the business, adding increasead reserves, reducing risk by adding more oil and in the tax environment we have using the debt for future use/off set....it's a better move for a larger group, more diversified, better resrves, clever use of tax and should provide better growth opportunity and shareholder value once it settles down and the initial 'panic' is out the way....anyway opportunity to pick up some cheap shares today :-)

https://twitter.com/surprised_trade/status/1605109034582933505

acquisition of Tailwind, larger group, more oil and a decent move imo (Tailwind have debt but will be beneficial going forward)

That was quick ....

https://www.reuters.com/business/energy/eu-will-suspend-gas-price-cap-if-risks-outweigh-benefits-2022-12-19/

https://www.reuters.com/business/energy/eu-will-suspend-gas-price-cap-if-risks-outweigh-benefits-2022-12-19/

BRUSSELS, Dec 19 (Reuters) - The European Commission stands ready to suspend a gas price cap agreed by European Union countries, if an analysis by regulators shows the risks of the measure outweigh the benefits, the bloc's energy commissioner said on Monday.

lol..with respect TD , it was clearly not rampimg SEPL, simply a general overview on the difficulties around the markets and the global issues surrounding gas/oil demand/supply, that eventually affect all areas of that supply demand.....apologies, if I post anything further here I will keep it totally specific to SEPL...gl

https://twitter.com/SullyCNBC/status/1604842814390640642

Something to watch for Europe (and the world). Super cold weather .. maybe for an exteded period. German nat gas storage levels already starting to quickly draw down ..

By Jan 4, 2023 the frigid cold air will gravitate towards Europe again, whereas North America will get relief. The Arctic bubble is so big and cold that a warm up will not happen, even in NA. The whole winter is likely being exceptionally cold for the Northern hemisphere

https://twitter.com/surprised_trade/status/1604743541854461953

Qatar has threatened to cut off energy supplies to Belgium and Europe in a row over a corruption scandal

https://www.thetimes.co.uk/article/we-can-cut-your-gas-too-qatar-warns-eu-in-bribery-row-2w50cq9tz

https://twitter.com/SullyCNBC/status/1604842814390640642

Something to watch for Europe (and the world). Super cold weather .. maybe for an exteded period. German nat gas storage levels already starting to quickly draw down ..

By Jan 4, 2023 the frigid cold air will gravitate towards Europe again, whereas North America will get relief. The Arctic bubble is so big and cold that a warm up will not happen, even in NA. The whole winter is likely being exceptionally cold for the Northern hemisphere

I'm in .... ;-)

https://twitter.com/surprised_trade/status/1604856888172109826

final buy traunches in from open today.
EBITDA up 27% to $337.9 million
Strong cash generation of $368m
Strong balance sheet $304.8m cash at bank.

Qatar has warned European countries, especially Belgium, which is investigating the scandal, to remember that the emirate is an important source of energy supplies for Europe

https://www.thetimes.co.uk/article/we-can-cut-your-gas-too-qatar-warns-eu-in-bribery-row-2w50cq9tz

Qatar has warned European countries, especially Belgium, which is investigating the scandal, to remember that the emirate is an important source of energy supplies for Europe.

https://www.thetimes.co.uk/article/we-can-cut-your-gas-too-qatar-warns-eu-in-bribery-row-2w50cq9tz

https://twitter.com/surprised_trade/status/1603516281591832577

Top of the list for reform is the health service. ...'The prime minister is also clear that the NHS should use the private sector more. .... “elective recovery taskforce” model to clear the NHS backlog where the public and private sector work together. The priority is to increase treatment by using independent providers.'

https://www.thetimes.co.uk/article/sunak-cure-tory-malaise-health-reform-comment-j8tqr8kbl