Member Info for TrekMadone

Excellent report that would put many majors to shame with its transparency and proactive approach to emissions

Usual caveats

Trek

POO just has to be a factor the market will wake up to soon.

Not just driven by ME tensions but also now Ukraine being able to strike deep into Russia.

Russia don’t have the air defences to cover all their assets. Once some of these targets are taken off line then the pipes freeze and have to be re-drilled. That all takes time esp in Russia.

India and China will have to fill the gaps from elsewhere and OPEC have the taps cracked shut atm!

On a macro basis rates are coming down so economies will turn as USD pulls back.

Short of all out conflict the case for oil is quite bullish atm and SEPl are in a political and geographical sweet spot!

Ironically this narrative is being echoed in the gold price driving to knew highs!

SP here makes no sense atm. It’ll have to correct soon!

Usual caveats

Trek

VRS - 0.11p! Unbelievable!

I bought them for 13p and sold most at +150p rest at +80p. Hold and hug seldom pays with the tiddlers!

Trek

Mine are in an ISA with ii and divi there is paid in gbp.

Trek

Shorts reduced +8% , some insti’s buying….

https://www.marketbeat.com/instant-alerts/nyse-dec-options-data-report-2024-04-02/

Trek

2 x £160k buys, 2x 200k shares at 80p.

There have been other 200k buys as well.

Should be hinting at something!

This one is lagging peers atm.

Usual caveats

Trek

HL are the slowest at paying divi’s. They banked the bank holiday interest using investors cash who now have to pay more to reinvest divi into Dec.

It’s been called out here all the time.

ii similar in scale not perfect but miles better on payments.

BArc don’t even go there! Aweful!

Usual caveats

Trek

Well done! About time some good news due.

Tro will be happy!

Trek

Citadel reducing, Gladstone gonna burn!

Trek

All back in now av up to 888.

Quiet here today. lol!

Trek

DEC 12 bucks now stateside! Could be shorts closing and divi buyers. I put my divi in today half at 900p and half at 927 doh! Pushed me up to around 888 now.

Phnx 550 still got legs imo.

Mng xd today I am still blue after! Sweet.

Ecor - investor ppt today. I will watch it later.

Upl … good move today

Hzm…. RIP with similar death narrative to sxx!

Road .. mm I researched it looked good. Down lots on sod all vol! Will stick around for now. I only have a small position for fun as they could sell more assets and bag.

Within the next couple of weeks. TXP ….News gotta be soon! That could be worth it!

Standard… putting boot in on London still. Well it’s a London paper!

https://www.standard.co.uk/business/london-stock-market-shares-crisis-new-york-financial-centre-city-exchange-lseg-fse-100-b1147995.html

That’s all folks…Back to do it all again! lol!

Usual caveats

Trek

Good luck there Tro, they may get 60 boepd when it’s cleaned up!

The sp will probably double but you won’t be able to sell a bean as the MM will close the sell books to offload the rest of the placing stock to any buyers.

Just like at he1. Few could sell on the big spikes up until the mm’s had cleared their desks!

A good entry point but don’t get stuck in there mate!

Usual caveats

Trek

Put half my divi in at 900p. With ii.

Kept half thinking it may go lower next week…. Now look at it go! Doh!

Funds are there to invest but they are not cleared funds for cash transfer!

Bring on the blockchain eh! I mean it’s ridiculous having to wait for cash clearance nowadays!

Trek

I think you mean 47/48.

If that goes 42p is a touch point.

If that goes it’s like 22p

That’s lower than the 30p ish I paid during lockdown!

Funny how these stocks come back to their lows. I sold most of mine at 200p and the last at 130p. Gosh did I get some stick!

Same old poster there clinging to their ‘warheads’ now and it may come good! But it’s usually a good move to at least take your stake out and chuck it in a boring divi payer so you get paid to wait!

Usual caveats

Trek

What’s the balance sheet like? They funded?

Upl nearly drill ready and funded + JV.

Are Coro same or gonna get diluted. 5m mcap usually means sd all cash.

I looked briefly. They only have an MOU for 50% funds. That’s not cash. GSA is 15% that’s not operatorship.

They will likely do well but timing is everything. Watch it do 50% now. lol!

GL

Usual caveats

Trek

13.5p divi 13.3p drop.

Last time I seem to recall the drop was way higher than the divi but it did claw its way back/

Of course it would be different this time as I was going to add a few after the divi!

Keep guessing eh!

Usual caveats

Trek

He1 near 5% spread. You can see it’s real if you look at the 1 day chart on google finance. Up and down with every trade.

MM doesn’t want the stock imo. Yet some folk are still buying. It’s going below a penny and looks like some PI’s just can’t help themselves as a the end of the month cash burns a hole in their pocket!

Just wait or worse if FOMO got ya set yourself buy price levels and average in slowly. That way at least you can stay in touch with the sp. Also sell some if there is a spike and recycle back in lower.

Alternatively if it’s a punt it shouldn’t matter.

Usual caveats

Trek

Add UPL to that SOH will be happy. Good update there that all is on track, no back over 3p.

Sfor - takeover rumours. Always a dodgy one that. It can be manipulated social media or a journo helping mates.

If I was in under 40 I’d sell now and buy back when the wind blows the smoke away for under 40p again.

If you miss another rise so what. Pocket the profit and move on.

Sar…. Sht show another lifestyle pharma. CEO gets paid well over 6 figs and chucks 5k into the placing. Then goes back into his shed to spin another yarn! What a chart! FoS!

Ecor, I tipped here a couple times as bottom in. Sht results yesteryear but ahead looks better. Tipped in IC yesterday as a buy. I hold.

Dec … what a bounce. Talking of journo’s some wnkr on the bbc posted yesterday that the port was the US’s biggest exporter of LNG! It’s not, the LNG terminal is miles away and it’s not even the biggest! They re wrote the story yesterday afternoon! lol!

Usual caveats

Trek

IC tipped…Mar 27

“ Even with a lower payout, Ecora remains good value at this price. Buy. ”

https://www.investorschronicle.co.uk/news/2024/03/27/ecora-resources-cuts-dividend-in-growth-push/

Trek

Phnx, Lgen and av all used to be fairly close yield wise. Of course things change but Phnx is miles behind and its results say it should be closer to Lgen now.

Phnx are 5.44 and currently yield 9.67%

AV yield 6.7%. Phnx would need to be 800p to match

Lgen yield 7.93%, Phnx would need to be 770p to match

Take a 7.5% yield as reasonable and that’s 710p for Phnx

So still a 24% upside.

That’s why I averaged up considerably to a tad under 500p after the results and am now getting a 10.70% well covered and annually increasing yield.

Usual caveats

Trek