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post Posted: Feb 9 2018, 09:59 AM
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Citi continues to believe that as Chinese demand seems to be softening, gas pricing, while remaining constructive, will ultimately soften through the second quarter of 2018, amid reduced demand and the start up of new projects.

The broker considers the energy sector expensive and oil prices the main risk. Beach Energy ((BPT)) has now replaced Woodside ((WPL)) as the most expensive name, with the current share price inferring a long-term oil price of US$79/bbl.

The broker considers there is limited value in the sector relative to the long-term of price, except for Sino Gas & Energy ((SEH)).

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

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post Posted: Oct 6 2017, 08:46 AM
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In Reply To: tonyw1595's post @ Oct 5 2017, 07:03 PM

hi tony w
with 12 million shares coming on its not always a good sign ,short term at least, for the shareprice,depending also how many shares are already issued
cheers mick

Escrow and the Stock Market
Stocks, especially those of public companies, are often issued in escrow. This means that while the shareholder is the real owner of the stock, he is limited in his rights to dispose of it. For example, executives who receive stock as a bonus to their compensation often have to wait for an escrow period to pass before they can sell the stock. This is used as a tactic to retain top executives and protects the stock's market price.

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post Posted: Oct 5 2017, 07:03 PM
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SEH are going to release 12,000,000 fully paid shares from escrow on oct 12th,does anybody know what this means for the share price,
I know nothing about shares and have never heard of escrow. Is it a bad sign or could it be a good sign,thanks for any information at all
Thanks Tony1595


post Posted: Jan 10 2017, 07:21 AM
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another article in the press about Sino - being fed by the company's PR, but aren't most?

China's latest half-a-trillion-dollar commitment to renewables will only boost the need for gas in the country, the only ASX-listed Chinese gas producer says. China late last week announced plans for a massive new wave of investment in renewable energy as part of its efforts to ease the country's chronic pollution problems.

Those plans should have a direct benefit on ASX-listed Sino Gas & Energy, the company's Beijing-based managing director Glenn Corrie told The Australian, with China's huge energy requirements meaning vast amounts of gas would be needed to help with the transition away from coal.

"The biggest issue the country faces at the moment is pollution," Mr Corrie said. "There's potential social instability problems due to the fact you've got very large populations in very polluted cities. As the population is getting wealthier and they're travelling, they're looking at this pollution and saying, 'we don't need to put up with this any longer'."

China's energy agency last week said the country would spend $US360 billion ($492.8bn) between now and 2020 on renewable energy sources such as solar and wind in the country's latest attempt to ease the smog problems in Beijing and other Chinese cities. The percentage of power generated by coal is also forecast to fall under the plan, while gas's share of the Chinese energy market is expected to almost double from less than 6 per cent to 10 per cent.

The latest strategic plan also aims to increase gas exploration and development, prioritise the deregulation of the gas market, and promote gas for use in the power and transportation industries. The company has already benefited from the Chinese government's requirements for companies to turn to gas, with Sino now selling a large portion of its gas to a nearby aluminium refinery of state-owned giant Chinalco following an edict to convert the facility from coal to gas-fired power.

The company and its partners have identified about 5 trillion cubic feet of gas, roughly equivalent to Woodside Petroleum's Pluto gasfield off WA, and Mr Corrie says the project has significant cost advantages in the Chinese market over the expensive liquefied natural gas projects of Australia and elsewhere.

Mr Corrie said Sino Gas could produce gas for about $2 a unit, compared to $7 to $8 a unit out of many LNG projects. The company has seen a lift in the amount of institutional investors on its share register in the past year, with big international names including Fidelity, Colonial First State, Kinetic and Perennial all taking positions in the company.

"We're the lowest cost operator from a gas perspective, so that makes us a very attractive investment opportunity and is one of the reasons we've got some of the world's biggest investment firms behind us," Mr Corrie said.

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
post Posted: Jan 4 2017, 04:58 AM
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In Reply To: MiscMan's post @ May 17 2016, 09:36 PM

Nice article in yesterday's AFR about SEH!! Some nice de risked valuations being bounded about too!! biggrin.gif Happy holding as I luckily got pretty much the low.

post Posted: May 17 2016, 09:36 PM
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In Reply To: mme's post @ May 17 2016, 01:28 PM

An even bigger prod today. 11.5c on close and finished on high with volume.

New partner valuing SEH at 16c based on their purchase of 51% of SGE from MIE Holdings.


post Posted: May 17 2016, 01:28 PM
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In Reply To: mme's post @ Apr 28 2016, 05:04 AM

SEH getting a nice prod today! Some largish buys! biggrin.gif

post Posted: Apr 28 2016, 05:04 AM
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Announcement with the sale sparked some interest yesterday! In real terms if you consider the sale price what's SEH worth 15 plus cents?? biggrin.gif

post Posted: Feb 17 2016, 09:15 AM
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In Reply To: richmond's post @ Jan 19 2016, 01:03 PM

Nicel movement today! Bought in at 3 cents and happy holding. biggrin.gif

post Posted: Jan 19 2016, 01:03 PM
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In Reply To: cooderman's post @ Aug 5 2015, 02:15 PM

everyone certainly threw their toys out of the cot here today - not getting paid for gas will do that I suppose


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