Member Info for upomega

Geo600

Fwiw my view is its a difficult one to gauge, but the balance sheet is a problem inmv. I think this is why the share price is currently at this level. There will need to be some kind funding in the short term. What has not helped is the lack of updates. Especially with the launch of trex leather handbags.

Personally i would have thought that the Christmas period would have been ideal, but as we are now approaching December this is looking less likely inmo.

You never know we may still get lucky and they announce something positive before the results.

The cart before the horse springs. To little too late inmv. As far as i can read just trying to make up for the apocalypse they have contributed to,but any positives are welcone inmv only imho and no one's elses. Especially pj man's

Newkotb.

It's all very sad. The bond market is already deciding the outcome of their folly. Hopefully they will actually take it on board before we become a third rate basket case of a nation. Fwiw i am still confident in Serica despite the hoops that they and other GB companies have to jump through to facilitate this idiot of a gvnmt inmho inmho

Meow,,purrrrrr

I think you hit the nail in the head there Denziiil.

We just need the works to grow some and realise that the decimation of UK o and gas is not the answer. Let alone decimating pensioners who have prudently saved for forty years or more.

Serica and many other UK companies are in there hands with the budget. Let alone the bind market. Inmho

I hope your right denziiil . Otherwise we could be in bigger trouble.

I'm afraid how things are looking It will be Starmer who will be sacked and not Milliband. My guess is that he will become the new pm.

I posted the above back in September. The odds of this happening are increasing by the day.

Very bad news for all concerned if it does inmo

The problem is Neo inmv. This deal would have really advanced us inmo. As posted earlier Neo could be a danger in terms of Serica staying independent. It would be a shame if we fall prey just as things have recently started going forward in terms of growing the company.inmv

Newkotb

A couple things really annoy with this.

Firstly Serica should never have mentioned their interest until it was confirmed that the other parties were not interested. Bp also have a lot to answer for as well by not sounding them out in the first place.

Dumbly. Unfortunately the likes of Milliband are running the show. Starmer inv is just a figure head. I fear that they will at best do nothing in terms of epl.

I am afraid they will do exactly what they said and double down on the n sea oil and gas industry. I would not be surprised if they somehow manage to tax companies who are remotely involved in the north sea and tax overseas revenue in some way. That in their view would send a global message that they are world leaders in green energy. Inmo this budget will be a catalyst for what is left of the UK.

Surely they would have to increase or match the offer in order for BP to sell to them. I hope BP would not sell to them on a lower offer

If the old trading desk twenty years past was still around or remances of them. Then it would not be such a bad way to raise funds. Nowadays who knows??

Convertible bond springs to mind when phrases such as put and call are mentioned. Especially as Jefferies have cropped up in terms of brokerage reports recently.

The concern is that they are about to raise a large amount of funds via a bond issue. All ok if the coupon is low inmv.

Mommur.

I am sure this is a positive, but why .Surely these agreements get renewed either with existing contractors or alternately with new ones.

Courledeon

Inmv Serica and and all North sea players are now in the hands of Hmg. So rants are justified. Like it or not their actions have a massive effect on not only Serica , but as an industry as a whole. inmv

Moneybird

Totally agree , but what is wrong with big galls. Fat bottom girls make the world go around inmv.

My concern is that Neo will suddenly become interested if it becomes obvious that Epl is scrapped.

Inmv a little bit surprised with today's drop.iI just that we are not about to get some bad news. I e Triton, Curzon deal. As for Epl then i cannot see anything beneficial coming from that due to further tax rises coming in the budget.

I think you have summed it up BuyandHoldd. We are languishing at this level due to lack of marketing and pr. As you say once the message gets out there then who knows where the share price will go.