Member Info for Temple_of_Doom

.... with shorter's target 70p ..... but might be a long wait.

;)

Seplat often takers a little retrace back to the late 80s after a strong move into the 90s ditto 100s then 110 ….

…. unless of course SeaTank’s diffraction is at play …

140 target with no ExxonDeal 200 target with.

GLA

Diffraction theory of news flow eh SeaTank?

Not a bad day …. Brazil stocks are flying too but my little spreadbet on Cannabis Index is now hitting the lows.

;)

Time to hold onto the hat ... when Seplat blows she blows.

GLA

I suspect more likely Seatank that Sustainable Capital had an agreed price for the buying of a large chunk of Shares in the mid 80s where the seller gets a slightly higher overall sale price from retail investors buying on the way down ....

.. but no idea who sold .... not even taking into account sales from Nigeria leaking through to the LSE.

Still 86p was a bit of a gift .... if only someone had posted this number back in August ....

;)

Well SeaTank ... still a good time for entry though .... as we await the Nigerian Presidential elections to sort this Exxon Deal out one way or another .....

"Not a ramp lol! Could do much better if that were the case!"

Exactly ... bizzare post.

"It’s a sector change wrt capping both oil and gas. "

84.5% of Seplat revenues come from oil.

Each to their own Trek ..... more than happy for peeps to buy in for good or for bad reasoning.

;)

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

QATAR also supplies the UK that supplies the EU, 'cause UK can't store gas ... where Seplat's return on gas isn't it's major earner thus far because of domestic Nigerian obligations.

So whilst all very interesting .... I'vee idea why one would use the above to ramp Seplat - sp care to elaborate?

Seems disjointed to me.

Half a million buy just appeared on LII order book ...... someone knows summat.

;)

Seplat Revenues from Morning Star by location.

Geographical Latest % Last %
Switzerland 53.51 50.72
Bahamas 18.32 0.00
Nigeria 15.66 49.28
United Kingdom 12.51 0.00

Nigeria seems on the ball with gas as a transition fuel trek … if you have an II account check the Morning Star report on Seplat …. Looks to me as though UK is a buyer of Seplat gas … and will/may therefore be a part of UK’s record EU exports from Natural Gas imports.

So while Seplat has an obligation to supply in Nigeria it’s branching out.

Might be worth checking over the weekend.

;)

SAVE … I’ve largely avoided … bought in an out a couple of times .. pennies profits … don’t like this business of suspending the share … and the hype on both bulletin board and from directors in reports seems overblown …

… I mistrust big talk … Seplat gets on with the job.

There was a touch of satire in my comment viz a viz algorithms … SeaTank … but algorithmic trading for long only funds would not be uncommon … especially if an order is outsourced … we have seen a couple of very big orders go through the books these past few weeks … so not difficult to see where these trades have found their home … but still shy of 6.5 million … so who has been selling?

Anyway …. Checked out revenue streams from Morning Star and according to the latest figures, Sepl gets 12.5% of revenues now from UK with Nigerian revenues dropping to 15.6% from 49% …

Curious.

Well yes .... if it's their algo crashing the share price and picking up 6.5 Million shares on route ... that's pretty good.

If I recollect correctly SeaTank, the last announcement was in July at around 93p and led to a nice rally.

Free float is low .... trading range 58-130p

;)

Sustainable capital looked to have picked up another 6.5 million shares.

Cheers SeaTank … easier to filter twats ….. ;)

November versus December thus far.

“ December 13, (THEWILL) – Nigeria’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the country in the past seven months.‘

I’ve added this afternoon.

GLA

"By the time LSE get the data from the LSE it’s out of date by up to 15mins." AT trades are executed at the moment they occur because they are taken from the LII order book. O trades can be momentarily delayed since they pass through the MMs ... whilst can be further delayed to try and spoof tracker algos ... where large trades can be delayed for hours for the same reasoning.

In terms of buy/sell these are always estimates for O trades based upon LII ... AT trades are always exact but a sample of the underlying market activity.

Either way ... the idea of buy/sell is bogus ... if a retail investor buys from a MM, the MM has sold so every transaction posted has both a buyer and a seller.

What one can do is look for trading patterns on LII and try to trade accordingly ....

... but on Seplat we have seen some pretty heavy trades go through the past week or so that are either shorts closing or shorts opening up new positions .....

.... the only thing to be sure of, when seeing these trades is that shareprice movement is likely .. although not happened yet.

MMs have the price down .. so if the Exxon deal collapses there will likely be a knee jerk down to take out stops .. or a controlled rise to let the shorts buy back before losing their shirts.

GLA

Not sure I’m with you Trek …. I’ve not used 15 m delays since 2001.