Member Info for turfmoor

760, not sure the energy sector is not heading down again after an agreement of little real depth.

Not sure the market will think much of this deal so 1390 for me. Interesting day whatever.

Quite surprised by the move up this morning and have closed out at 1502.00. Really cant work out whether a successful supply reduction will be achieved and how much is already priced in. Clearly the demand side is going to be a slow moving scenario so just taking a pause for now.

I started on specific dividend payment sites which almost without exception are showing the prospective next payment in 2020! Totally forgot to check RNS content.

Thanks.

Just starting following this stock so excuse my ignorance but has dividend payments been stopped? Seem to think I heard that but can somebody confirm either way. Thanks.

This does look like a decent recovery play even if the recovery has already started. People tend to forget that bookmakers dont rely on sport as much as you think with loads of virtual sports, gaming etc and they will be seeing increasing traffic and due to their margins good profits.

Although there is some decent hedging in place RRE has a serious problem and the share is imo impossible to value. The principal asset of oil in the ground is likely to trade at a very low price for what could be several years. Stocks are building and demand is falling and will continue at some pace. The shares may be a gift at the price or on a steady road to bankruptcy , nobody knows with any certainty.

Joke comment if you read it correctly instead of taking it out of context! It was a response to the same crazy price predictions on that board. When questioned on the board why I made that prediction I stated I made it up like all the others. Your post is an awful reflection on your integrity and will be seen as such by those who choose to read it correctly.

The meltdown has already begun. There is a massive oversupply of oil and vast amounts are being stockpiled at a low price which will further blunt future demand. The oil industry is in a real crisis situation. I wish all RRE holders the very best but a sense of reality is imperative in the current climate. I dont pretend to know how long the cash at RRE will last but the company clearly needs to move to a more gas producing bias and quickly.

At current and likely future oil price levels this share has no value. Be careful.

Not quite looking like that but at least some reinvested dividends to come! Really surprised though at the collapse of the SP.

Not a holder but have watched the rise with interest. You have to question what is the true value here as their primary asset is in the ground and set for what is most likely a long road to recovery. Yes there is cash and hedging in place but running costs continue and could even lead to a complete meltdown in the share price.

Left @1.32 after the lack of follow through after the results and back in today @95.3. First day for ages with an acceptable spread so hopefully got some value with the dividend to come and speedy return to full production in sight. Well thats an optimists view!

I made it up like most on Aim boards. Seriously the take out price is probably between 180 to 210 maximum as huge premiums are rarely achieved in this sector.

Unlike most Aim boards the posters here are almost without exception sensible with a bullish leaning. There are other boards clearly full of punters making wild valuation claims that are simply nonsense and have no influence other than allowing market makers to make money. I can see SQZ touching £22 by the end of 2021.

Although I have a decent holding and follow the share closely can someone just clarify where we are with split. Has there been a stated date or just an intention at a future date? Thanks.

Clearly just an opinion but something tells me this is going to happen. I remember being a Monument holder when TCW sold out and just get the feeling we are up for sale. The share price movements are baffling and personally I dont see the relatively small bot sales as being the reason for the weak share price. Something more significant to what looks like manipulation on a daily basis.

If you are an investor in Serica this is good news for the long term and represents another excellent piece of decision making by the board.

Still buying here.