Latest Views & News

I think Kistos is taking the piss with its offer for Serica and expect shareholders to reject it

By Gary Newman | Wednesday 13 July 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Serica Energy (SQZ) is a company that I’ve been following for quite a few years now and it has been my best performing share tip ever during that time. It has gone from a small company that had acquired some later life assets that BP didn’t appear to want any more, and with sentiment pretty low following its past screw-ups in Indonesia, to where it is now with a booming UK-based gas and oil business, lots of cash in the bank and more being added on a daily basis and a market cap in excess of £900 million.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Monday »


Just 26 days to go: Book Now!

Sunday »


Me and “The Millionaire Next Door”

Tuesday »


Synectics – a recovery Buy?



Malcolm Stacey is Moving House

Monday »


Wood Group - a Buy (again)?



Video: Bubbles always implode