Member Info for upomega

A good example of how share buybacks together with a dividend policy can work is imperial brands.
So all these doom mongers re a share buy back may want to have a look at them

Is that we have to look forward too. Then might as well sell the stock now and buy back later as this seems to be going one way ATM . Maybe they are following the same plan as hmg. Do nothing and hope that investors in the UK are thick and naïve.

Maybe they could invest the cash in government bonds. I can see bonds falling further with yields rising. The worry is that the markets will doubt that they have a credible plan if they had they would not wait to the end of the month to announce it inmv

My fear is that the share price will get hit hard if eigg is a duster. Which is why inmo the company needs to have something up their sleeves should that become the case

If Serica does acquire some new licenses would it benifit us in terms of shareholder value. I cannot see it myself unless all the costs involving 3d siemic testing can be written off against the wft. I would much rater see them acquiring a proven resource which needs a cash injecton to take it forward.There must be a good few out there.

Too many bas. ...d s..ht here now a days inmv oho dyor. Roger Moore best true bond ever.
Inmho

Newkotb and other lth. Just sit tight for now.
A number of you gave me that sound of advise over the years. That along with your knowledgeable posts is why I'm still here fwiw. no flywheels and geranabobs on here.

Without interjecting. So why are wholesale gas prices so high in the u.k. this needs to be passed onto to UK tax payers. Something is seriously wrong here. Criminal I would say. Maybe serica should sell directly to these spivs

Some posters on here seem hell bent on manipulation of the share price inmv. I am the first to admit that at times I have talked utter rubbish, but come on guys/girls can't we just let things ride out for a while with north eigg results due soon. Let alone in hmg still hell bent on decimating things.

I think going on past events Serica could well just tread water for a while. Many lth know that seems to happen and the share holds at a certain level for a while then the share price adjusts to a more realistic level. If we can carry on accumalating cash this will at some point add a good pound creating a new trading level. If North Eigg comes in then who knows where it could end up.

Why do People keep going on about the main market there are a number of companies listed on aim with a market cap above two billion.
Just by being listed on the main market does not necessarily attract large institutional investors inmv.

youngin.Serica from day one has said that there is small chance eigg will be commercial. The key here is what they do afterwards if its a duster. My view is they have something up their sleeve should it be a duster. just my view so dyor

As far as i can see gas price futures are averaging fifty percent higher since the end of June. So that bodes well for end of year results together with hopefully a possitive on north eigg.

Sharegnomie.I have held shares in a number of companies which have had a placing only to see the share price fall afterwards. Most often between ten and twenty-five percent,but they generally have soon recovered.fwiw I purchased before the placing and Very happy to hold for the long term as I believe that if they do make a discovery there will be multiple companies wanting a piece of the action.just my opinion so dyor etc etc

The concern here inmv is what this current hmg cabinet will do next as they seem he....l bent on destroying things.Next we will have a ethnic origin China man in number 11.Serica could then sell all its oil and gas to them.inmv and nobody's else's.

You have a point. Remember the IRA days with dirty tricks all round.I just hope that we are not entering this kind of crap again,but on a bigger scale.

Fwiw. I can not understand why some cash rich oil and gas companies have not shown an interest. Bizarre times inmv

NoelShempsky
I fully understand where you are coming from,but there are procedures and very stringent safe guards in place . Especially where private client funds are involved. As for the fca that is another story.
Put it this way i have 100 % confidence that my shares held in a nominee account are completly segregated from stock lending. i.e they are Crest held in an individual membership account. Worst case scenario would be i could not trade them should the whole financial system collapse.
There is also the option of materialising them and having a good old share certificate. Something which i have always preferred.

before this gets out of hand .i thought he meant myself,. but never wrong in checking matters i.e t and c as these are scary times we are in at the moment. A nice big gusher from the deltic drill would do wonders all round now.

If you guys are correct then this is really serious if they are using your shares as collaterall. Which broker/custodians are you referring to. fwiw my shares for this company together with my other holdings are held with ig who use a nominee account with a broker (segregated). also aj bell who do the same.
So if anyone has not got the same arrangement then inmo i would use another online account. The fca website is good at sifting through this and highlighting high risk brokers/custodians etc.
i think what you are saying is that the shares could be caught up in short sellers go bust.
so i get your point and will most certainly be talking to both ig and aj bell tomorrow to make sure that their is something that i have missed.