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SEH, SINO GAS & ENERGY HOLDINGS LIMITED
Tradestar
post Posted: Mar 26 2015, 01:21 PM
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In Reply To: flower's post @ Mar 25 2015, 06:23 PM

Yes, that PIE chart is old, not many private holders in top 15 now.

Performance rights tied to some fairly tough measures to achieve, but obviously must be realistic otherwise CEO wouldn't have agreed to them in his contract.

Pilot production increase news due in next couple of days - expected, so I wouldn't think it will move the price.

Hopefully mid year when next pilot plant comes onboard the price will move upwards.




 
flower
post Posted: Mar 25 2015, 06:23 PM
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In Reply To: Tradestar's post @ Mar 25 2015, 02:57 PM

Yes, SEH now tightly held, pie chart on page 6 of this presentation:
http://www.asx.com.au/asx/statistics/displ...;idsId=01604778

Nevertheless very disappointing as a trading stock this time around, don't forget the oil/gas sector just about the most ignored sector currently. Chart enclosed.
Attached thumbnail(s)
Attached Image


 




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Combining Fundamental comments with Fundamental charts.
 
Tradestar
post Posted: Mar 25 2015, 02:57 PM
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In Reply To: flower's post @ Mar 2 2015, 02:38 PM

I hear insto's now have a 56% holding in SEH. Amazing how they do it. They've created the resistance at 20c and now they just keep hoovering them up. It will take some big news to break this resistance so that insto's, etc will need to chase the shares. At the moment, it is all to easy for them sad.gif

Annual report due within the week and hopefully a monthly project update with Linxing West pilot plant going online.




 
flower
post Posted: Mar 10 2015, 09:45 AM
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Sino Gas - GSA for Linxing Central Gathering Station
http://www.asx.com.au/asx/statistics/displ...;idsId=01606654



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Combining Fundamental comments with Fundamental charts.
 
Tradestar
post Posted: Mar 4 2015, 12:00 PM
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In Reply To: TB_J's post @ Mar 3 2015, 05:01 PM

Yes, 25 mmscf/day sounds nice by the end of the year. It equals around $40mill/yr revenue for SEH alone, however, they will need around 50 wells connected to get this amount of gas. They currently have only 16 wells connected for the 8 mmscf/day pilot plant, so they need to hurry up and get some more pipelines connecting wells ASAP.

The $40mill will go close to funding their exploration and short term development costs until ODP.

RISC talks about 230 wells per year being drilled with a total amount of around 1300 wells. Sounds nice, however, the terrain may make that a little tough, plus ongoing negotiations for land for the pipelines and wells and production plants.

Let's go for a realistic 40c by ODP approvals in the next 2-3 years. That is 100% gain on share price and not easy to get in the current market conditions




 
TB_J
post Posted: Mar 3 2015, 05:01 PM
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In Reply To: flower's post @ Mar 3 2015, 09:52 AM

Substantial EMV at $3.1B USD with $1.5B attributed to reserves. That's just shy of a dollar per share for the reserves alone. Looking forward to building gas flow as the new compressor comes online this month & production triples by Q3 with the second facility coming online.


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flower
post Posted: Mar 3 2015, 09:52 AM
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In Reply To: flower's post @ Mar 2 2015, 02:38 PM

QUOTE
sold again during the session booking a 5% profit.


And yet again got it wrong, since today SEH made the following ASX Announcement:
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Sino Gas - YE 2014 Reserves and Resource Update
http://www.asx.com.au/asx/statistics/displ...;idsId=01604775


The market still not buying the story with any enthusiasm though.



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flower
post Posted: Mar 2 2015, 02:38 PM
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In spite of todays ASX announcement have had enough of the bot trading in SEH, sold again during the session booking a 5% profit. Will likely switch funds into NST, that had a broker rerate today, but it still needs to pull back some.
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Sino Gas - NDRC confirms continuing robust gas prices
http://www.asx.com.au/asx/statistics/displ...;idsId=01604309



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flower
post Posted: Feb 26 2015, 09:41 AM
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In Reply To: Tradestar's post @ Feb 26 2015, 09:06 AM

QUOTE
Bought a few more on the retrace at 26c again and watched them go to 2.6c. Luckily I bought millions between 2.8c and 3.3c.


Brave man--well done rolleyes.gif

SEH up another 5% this morning.



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Tradestar
post Posted: Feb 26 2015, 09:06 AM
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In Reply To: flower's post @ Feb 24 2015, 07:03 PM

IT was a long, long time ago, but SEH did hit around 32c on first day of listing. I remember buying my first parcel at 26c and selling at 31c on that first day. Bought a few more on the retrace at 26c again and watched them go to 2.6c. Luckily I bought millions between 2.8c and 3.3c.

I really think govt. approvals are more important for SEH now than reserves upgrades - SEH have HUGE amounts of gas. More than they can get out of the ground by the expiry date of their PSC's.





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