Member Info for thehickster

Something like 20p a share would cost them 54 million. What's that at the moment, about 20 days profit ?

Quid a share special dividend would be nice.

Dividend received - with H L

I'm guessing the price of oil and gas has collapsed, the markets have tanked big time today, the North Sea drill was a duster and all i3's reserves have vanished. If it's not all of those things then something is definitely afoot.

I think the market is pricing in WW3 so if we aren't all destroyed in a nuclear Hol0caust then we should bounce back a bit.

By the time the deal completes, is there a chance that they could be paying Kistos to take it off their hands?

Kistos down though. Can't wait for the price of gas to go down, just think how high Kistos will go. I'm assuming that's how it works.

I use this one for Dutch TTF price.
https://www.theice.com/products/27996665/Dutch-TTF-Gas-Futures/data?marketId=5350859
41% up right now. Yikes!

So approx 300 mil in the bank anytime soon and a market cap of 630 mil. If you could buy Serica then approx how many months would it take at current gas prices to get your money back? 6 months or so ?

Looks like the market doesn't like cash and profits.
Which is strange because I thought shares were priced in money.

I'm pretty sure that North Sea producers pay 40% already compared to 19% for everyone else. What on earth would a windfall tax be needed for ? They pay one every year.

And found that we did nothing wrong. Nothing to see here.

Market up - DEC down.
Market down - DEC down.
Gas price up - DEC down.
Gas price down - DEC down.
At least they pay a good dividend. Can't believe we're still struggling to hold a pound here.

That can't be right as Kistos is down today. Unless the market is totally nuts. Just looking now it says Dutch TTF is 130. Perhaps insane daily profit is not what the market wants?

Showing at 95.8 at the mo. Isn't that something like the equivalent of $150 a barrel?
Kistos printing money at the moment.

I'm guessing a market cap of about 10 months profit is considered par for the course these days. Sensible valuations have to come back at some point though don't they?

Negative enterprise value incoming ?

Dutch TTF finished at 66.10 so probably something to do with that. Still making very good money at that price.

Wasn't it around 20 or so when Kistos did the deal with Tulip ?

Does anyone have any idea how much they are making per barrel at the moment ?
I know a lot of what they produce is gas but they must be making over $20 a barrel profit surely ?
Multiply that by 19000 and you get $380,000 a day. Nearly $140 million profit a year.... Or is it more than that?
If the deals they did made sense when gas and oil was a fraction of what it is now then they must be printing money at the mo.

Thank you Bloomberg for letting me have a little top up at 99p after your hit piece. Didn't quite hit the bottom but not too far off.

Tony I think you meant 2021 but even so that's 11 updates in just over 4 months.