The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I may have misunderstood the significance of extra capacity at bruce, but could this mean that Serica could become a facilitor for other fields. I think this has been intimated before. If this is the case then surely Serica could create a new division where they could avoid hefty taxes due to the fact that they would not own the oil or gas , but merely be some kind of courier. If it happened that way things could become very interesting in terms of revenue and taxes.
I think it is. More so now with the Tailwind merger. All profits are liable to the EPL. Where other companies are not one hundred percent liable. Talk about easy picking of apple's dangling from a tree. Unfortunately I still think we are going to be clobbered with an additional tax once bp release their results.
Them and bod inmv have some kind of unofficial agreement. Hence the tailwind deal. Having said that if Serica can continue to pay twenty plus pence per year and hold the share price near three pounds. Then that suits I. As a number of posters have said the clock is now ticking in terms of how they are going to protect all stakeholders after next year.fwiw If they don't come up with an overseas acquisition or merger I will not be hear this time next year .
So hmg wanted a merger for tax purposes to pay everyone's fuel bill. Why didn't they let Serica merge with kisto. Hmmm. Kisto not part of their plan inmho
Hmg and Serica bod stooges together with its so called large holders wanted a backdoor nationalised company.
Still there is now the middle east conflict to contend with. Oh well what is another ten percent EPL to contend with.
What baffles me is why does Serica stay listed. Please oh please go private at say three pounds then the bod and its so called big Investors can suck up to hmg to their heart's are content. Without the glare of the oik public inmv dyor. Great Britain we're getting there.
Anyone any idea what that was all about this morning. Very strange. I wonder if the company tried to issue a speeding ticket but in the excitement forgot to send it and somehow the good old trader's got wind of it
HarrierResearch
One of the long term term posters will be able to provide. I personally didnt unearth this, but a number of others did.My understanding is that it somewhere burried in the Tailwind accounts. Hopefully as i said one of the long term posters will enlighten you.
Totally agree. It has become obvious more than obvious that some of us have well and truly been stitched up. I'm afraid I have been one of them still believing in them,but not any more. Hoping for some kind and g bounce.
All the bod have done is highlighted the awful Tailwind. What really soured it for me was the 11000 Bo oil hedges not openly publicised and that is without the deal being renogotiated after the tax levy. Need I go on
I'm afraid it is more like dolly the sheep. I am still hopeful that their intellectual rights and patents are worth something.
As I posted before it is inmv a worry that there has been zero interest from investors in the US.
Wise move. Looks like people are already selling. I am not so sure that it is a good idea to invest the dividend back though. For me happy to collect and invest elsewhere,but would prefer the share price stabilising nearer three pounds.
Unfortunately Serica has once again not delivered on a key part of their sales pitch to keep me invested. Merger and a acquisition which they keep throwing up in presentations. Still dangling a carrot inmv with zero substance behind it. It is a bit like the saying cry wolf. There are only so many times they can come out with that one inmv onmho
I am afraid so . TRhe question is at what price. My guess is between 240 and fifty if we are are lucky.
its been a lovely journey with the motly crew of posters , but i am afraid i really do feel that you are all innit together.
Oh by the way there are some of us that still has an independant brain and see through your antics.
one thing you moooorons have forgotten is that laws still exist..Maybe someone like oik starmer will take this one up again.
What concerns me is how the share price is responding to higher oil and gas prices. Or should i say not responding in a possitive way. Inmv if we cannot make headway with oil and gas prices at these levels then there is little hope. What is going to happen when prices fall and the good old HMG alters the tax system again due to the events in the middle East. Which inmv they will as the likes of BP and Shell will soon be reporting bumper profits.