Member Info for Temple_of_Doom

Looks like a holder is bailing ..... happens .... happy to buy for a 10% yield.

Not a clue but I've bought some .... trading well below NAV is a first for this share in recent times.

That's good enough for me ..... bailed JLEN ex divi back into Trig.

" It does feel machinations are afoot here. The company is laughably cheap."

126p was cheap last April .....

I bailed the main lot at 200p and now just have a few to trade for fun ... but the share price is lagging behind other copper producers, agreed.

Neither ..... wait for 123p .... precisely why this share is hard to invest in .... Trig needs to do one big fund raise these relatively little cash raises hit the share price wait for the bottom ... buy the recovery then sell and wait for the next cash raise ... stupid.

Whatever ... Seplat is a cheap producer of Oil/Gas and I have only profits left in here so happy to collect the divi and see where it goes .....

.... the shorters tried to diss Seplat last June as a pure Gas/Oil producer play ... but around the same time Seplat published an intention to move into renewables ... as alluded to today I imagine .... but didn't read further ... as in:

" Creation of New Energy unit to manage gas processing and future low carbon to zero carbon initiatives"

So Seplat is keeping up with the times ... shame the shorters didn't wipe 15% off the share price this morning ... would have bought back ....

;)

GLA.

Why is US oil not coming back strongly with oil at $66? They know with weaker oil demand currently, prices will fall as they oversupply and presumably can't risk it ... i.e oil prices are artificially high at the moment, so when they do come back into play that will be because of some increased demand but then when Opec increases production it will be back to square one and oversupply.

If Opec lift restrictions ... US shale will be back in play and the price of oil will likely drop as a result.

Careful what you wish for.

No tree shake today ..... what a surprise !

You are assuming the market is rational ... Peel are 83p on level Ii but 3.2p dividend to come to that’s good ;)

These things are hard to call especially with African based assets .... I did very well out of SLP between 6p and 14p for 5 years .... it’s now 120p ........ so not so well after all;)

Usual sell on results I suppose .... if I hold over results share prices go down, and if I sell on the anticipation of a collapse ....

.... share prices go up ....

:(

One of my funds is a holder if IMB while generating extra income from the loan of shares .....

... all depends upon the horizon of holding .....

The UK market remains unloved .... we all know why.

I first bought this share in 2001 .... not much has changed ... including the share price ... an example of UK innovation, and UK marketing ....

... shame.

1150 price target according to Deutche Bank .... I have a few from a few days ago ... next target buy 1100 ....

Profit increasing year on year turnover increasing .... although covid will no doubt have lost customers.

... and Buffet also said buy when you see blood ....

Nigeria has a soft currency? I used to get 5x tne exchange rate in the old USSR ..... ;)

Similar trades happened a few months back ... the price quoted is from the value of Seplat on its Nigerian exchange converted into £s .. hence my comment.

Yup ... RBS is my 2nd biggest loser .... 410 I bought in at in 2007 .. bailed 35p in 2014 ...

Still remember Lehmans going bust ... not a pleasant day.

Thought I'd check, Seplat currently trades at 574.5 NGN that is indeed 108p.

How do I go short Seplat Nigeria long Seplat UK?

That's an incredible differential.