Member Info for TrekMadone

Hi MiddleEastMoney,

“ Morning Trek, do you think we might revisit the years high of 59p by end of this year ? ”

I have tipped this to go into the mid forties soon.

However, longer term, like midway 2025 I expect it to be over 100p.

That is purely based on camparing what we have now compared to where we were before.

I am not sure of Malcy’s 200p target as we have increased our RCF since then and the biggest revenue numbers are a tad further out. However, all things are possible!

My worry is that PB being rich with cash flow goes on acquisition hunt. Giving the last escapade I worry he will overpay this time and loose focus on our blocks.

We need to be flat out drilling from those new pads, adding production without further debt and paying down debt.

We own all the opportunities we need and have a market!

Surely that’s not asking too much and if so then we will see the pound signs and even a divi!

Usual caveats

Trek

Sold POLX today, tad under 20% profit, sold a load of DEC having done well there but keeping majority for income.

Pilled into TXP and have a side bet on LIO for a bounce. Nice high beta that one but keeps defeating me! Will be out or at least mostly out before results.

TXP volumes this week and today esp have been insane! North the insti seller must be clear or nearly clear now. Could be a TR1 bounce followed by flow results. They are up 10% in Canada atm!

Plenty of legs on TXP through the 40’s imo. Will leave a good amount for bigger gains ahead. Malcy says 200p. lol! We’ll see how it goes.

Usual caveats

Trek

I sold a whack today whilst well in profit. No other reason than something had to go to buy TXP.

Still keeping a few here though for income and may quit trading this one now whilst I’m ahead, unless there is another silly pullback that is, but only if below my average.

I still think this will claw its way back over the bumps to £15.

Usual caveats

Trek

Well played horse!,

I’m in for another go. Got two lots today at a tad under 431, only a few though! Sucker for punishment. But hoping for a run up to results.

I expect the divi to be halved, which ironically could cause a rally.

It’s pretty much all guess work here atm.

Usual caveats

Trek

Hi noclue,

There was no liquidity here. See my post on HEX, ditto. Both NT for ages.

Now there is liquidity for both and the ask on both has gone up!

As always timing is everything and I think I have been pretty lucky with both (HEX a tad 10.5p average).

My last 29k buy here at 33.48, posted before the print, was pretty close to the bottom!

Now hoping for news soon!

Usual caveats

Trek

I doubt North are selling on inside info. That’s just looking at huge fines and possibly time!

North want out and they are selling into liquify. I have bought 145k shares, many PI’s here have added big volumes as well.

Then of course with Trin gobbled up, the bigger fish may still be hungry and want to capture the market!

Afterall there aren’t many places where you can sell all you produce HC’s at a fixed price!

I wouldn’t be surprised to see a bid for TXP come in at this silly SP but that is not why I bought. It’s for its standalone value.

Let’s just hope PB keeps busy developing what we have and don’t set his head off dreaming of more acquisitions!

Usual caveats

Trek

Ihavenoclue,

I think it’s indicative of a low float. When there isn’t the stock they switch off the countdown and send everything NT so that the MM can manually match trades. When a sell(s) come in they fill the hopper and switch the auto trade back on again.

That’s how SETSqx works. It’s a hybrid between MM and auto trading.

I have had difficulty buying TXP today due to volumes there. They are also on SETSqx.

Usual caveats

Trek

Added another 29k 33.48 still available. Liquidity back again.

Trek

Can get some on ii now. Ask gone up.

Trek

I tried to buy a few. Went from 10000 shares and it was NT all the way down to 1 share on ii. 26.68 to buy 1 share.

Unless a big sell is placed in the hopper they’re gonna have to move it up or will have to juggle limit orders only!

Now that’s a FOMO Friday!

Usual caveats

Trek

Liquidity there again now.

Got 16k at 33.48. More later!

Trek

1299 shares left now at 33.5p to buy. After that NT.

I guess once they go SP will move up!

So last £435! Bonkers.

May have to go with a limit order and see if the MM fills it. Just that I prefer the countdown as you know where you are!

Usual caveats

Trek

NT to buy anything atm!

Luckily I have some cash so was able to check with a dummy trade before flipping mire across to here!

That explains why the MM will still take 100k sells. They have a buyer as well as a seller!

Gonna try again later to pick up some more.

Usual caveats

Trek

Zack’s buy

https://www.zacks.com/stock/news/2366349/wall-street-analysts-see-diversified-energy-company-plc-dec-as-a-buy-should-you-invest?cid=CS-ZC-FT-fundamental_analysis%7Caverage_broker_rating-2366349

Trek

Holdings - haven't checked how accurate this is.

https://www.marketbeat.com/instant-alerts/mg-plc-boosts-stake-in-diversified-energy-company-plc-nysedec-2024-11-08/

Usual caveats

Trek

The market here going by the SP/mcap is still unconvinced in HEX delivering commercial grades of Helium and or Hydrogen.

The run from 10p IPO to 23p trading range could be just a reflection of the low ball IPO.

That they rectified the issues with the mowry shale within budget, and have announced commencement of operations at Rudyard and yet the SP hasn’t moved is testament to early hype now just in the price.

The chart for HEX is already at odds with the majority of micro/small caps that are on their backsides! So what’s in the price here is in the price.

Insti selling, possibly or in the absence of TR1’s more likely jittery PI’s.

Is the consistent PR campaign one of desperation or a new era of investor engagement?

Yet another FOMO Friday and a ‘promise’ of riches to come.

What do I really think. I told my son to buy two shares after tipping IES for him at 9p (now told him to sell half). They are HEX at then 24p and TXP at 34p.

That’s my conviction. Christmas will be paid for or Dad will be the laughing stock!

But then he thinks I am a dino as most of his hard earned is on US stocks. PLTR the biggest.

Today could just be the FOMo day coz next week it’s likely we get some data and this time just maybe the price will go up through the froth and hype!

Usual caveats

Trek

And IAG! A beat and share buybacks

Trek

They must be pretty confident at getting these other couple of wells to profitability pdq else it’s just a distraction. They have plenty of potential higher rewards out there for their energy imo.

Usual caveats

Trek

2 x 250k, a 500k and probably 2 x 75k sells today.

So over 1m in one day!

That likely accounts for the SP pullback!

After all the usual CFD bets, day trading and MM shenanigans it usually comes down to the fact that the seller has to reduce their price to attract buyers so that they can exit!

I honestly don’t think it’s anymore complex than that here atm.

So sit tight or top up coz someone has had then sells!

Those 10’s and 20k’s indicative buys are likely PI’s getting in early or longsuffering PI’s averaging their position!

Either way the current sp is imo not a reflection of value, prospects or the balance sheets. Indeed I agree with others here, that a 20% pop is on the cards!

The SP as currently stands at 33p is imo just a derivative of an insti following instructions and selling out!

That can change very quickly!

Usual caveats

Trek

Little gems…

https://simplywall.st/stocks/us/energy/nyse-tk/teekay/news/discover-3-undiscovered-gems-in-the-united-states-market

Trek