SeaEnergy (SEA)
SeaEnergy Price and Volume
Previous Close: 23.00p* (real time prices at ADVFN)Previous Range: 22.51 - 24.00*
Previous Volume: 173346 shares (down on average)*
Trading: below the 50 day M.A. (30.4059) & below the 200 day M.A. (30.2195)*
SeaEnergy Charts from Yahoo Finance
SeaEnergy Recent RNS from Interactive Investor
- SeaEnergy PLC - Result of Annual General Meeting (15th May 2013)
- SeaEnergy PLC - Repsol Retention Claim (14th May 2013)
- SeaEnergy PLC - Annual Report & Accounts and Notice of AGM (16th Apr 2013)
- SeaEnergy PLC - Results for the year ended 31 December 2012 (5th Apr 2013)
SeaEnergy Recent Docs, Vids and Audio from BRR Media
(you'll need popups enabled to view these and pump that volume up just a tad)
- SeaEnergy focused on building value for the long term (5th Apr 2013)
Revenue started to flow into the coffers of SeaEnergy in the final four months of 2012 as the management team's new strategy began to take shape. Chief executive John Aldersey-Williams told Proactive Investors the company is focused on building value over the long term. - SeaEnergy's model route to success in offshore services (6th Feb 2013) “Our strategy has been clearly expressed, is clearly working and is clearly sustainable and growable,” says chief executive.
- SeaEnergy takes signficant step into North Sea maintenance market with £5 mln R2S buy (24th Aug 2012) R2S generated sales of £2 million and a pre-tax profit of £0.5 million in the year to end February 2012.
- SeaEnergy: Plenty of news flow to come in H1 2012 (9th Dec 2011) Originally an oil exploration-focused business called Ramco, SeaEnergy has retained its oil interests but changed its name in order to reflect a new focus on the burgeoning sector of offshore wind energy.
- SeaEnergy: winning boat tender would be "significant catalyst" for share price (29th Sep 2011) Although SeaEnergy may distribute some of the £27 million cash on its balance sheet among shareholders, Ambrian Partners believes the focus on winning tenders for its specialised vessels for the offshore wind power industry is “equally important” for driving value at the business
Nothing to see here. Move along now. That'll be all.
SeaEnergy Recent Articles from Proactive Investors
Visit SeaEnergy
At about noon daily we take a stack of discussion frequency data from a bunch of UK investment websites and run it through our AIM Soiree Equidisculator to rank the chat popularity of all 837 AIM shares we track. Today, SeaEnergy came in at number 258. Overall Rating: 258 of 837
At about noon daily we take a stack of discussion frequency data from a bunch of UK investment websites and run it through our AIM Soiree Equidisculator to rank the chat popularity of all 10 Utilities sector AIM shares we track. Today, SeaEnergy came in at number 5. Sector Rating: 5 of 10
Pacific Tycoon Container Investment
SeaEnergy on Twitter
Choose Another of Today's AIM Soiree Top 100 Ranked Shares
Re: Video Interview
By PERPETUAL OPTIMISTFri, 17 May 2013 15:08:00 GMT
Shareholders still anticipating:
-expect news of a co-operation agreement with a major vessel owner,
-Further progress on securing additional consulting resources
-RFI progress and outcome schedule in client hands.
It's a shame the broadcast did not maintain some consistency and directly give progress report on these three elements. Equally the presentation. Statements are vague and uninformative references to progress.
The only positive was the suggestion of update soon. When is soon?
Just to recap; September last year.
1)...Over the coming months, the Group will be securing additional consulting resources to develop this aspect of the business.
2) ...SeaEnergy is now in advanced discussions with a major vessel owner and operator to finalise the scope of a Cooperation Agreement
3) ...SeaEnergy has received a formal pre-tender Request for Information ("RFI") from a turbine manufacturer for a project and notification of another RFI to be issued imminently, as well as enquiries from two others. We are also responding to a request for a full logistics scope, including vessels, logistics support, and O&M strategy from another turbine manufacturer and have other enquiries pending. By PERPETUAL OPTIMIST
Video Interview
By RibzFri, 17 May 2013 08:46:00 GMT
SeaEnergy will shed legacy assets and return money to shareholders
John Aldersey-Williams, CEO of SeaEnergy (LON:SEA), tells Proactiveinvestors that the company now has three integrated businesses in marine, consulting and in offshore software services and support with R2S, the company it bought last year. John reckons R2S, which, he says, offers a type of 'Google Street View' for offshore installations, should prove popular with blue-chip international oil companies. John also says that the existing interests in the 'legacy' assets, like its 21% stake in Lansdowne Oil & Gas, are no longer core to the business and over time SeaEnergy will exit these and return a proportion of funds to shareholders.
By Ribz Presentation from AGM
By neilioThu, 16 May 2013 09:23:00 GMT
Thought it was disappointing. Few diagrams describing what we already now. By neilio
Re: Good feeling
By PERPETUAL OPTIMISTTue, 23 Apr 2013 07:25:00 GMT
Neilo- its more the fact of when will they get there. Seven odd months ago they implied they were well advanced. Obviously not the case, and raising questions about the proverbial "are we there yet" ? Obviously not. Gives rise to questions about whether they have even left yet. The BOD will have a lot to answer for if the next annual statement and AGM comes round and the "well advanced" partner issue turns out to be hollow hype. By PERPETUAL OPTIMIST
Good feeling
By neilioMon, 22 Apr 2013 11:06:00 GMT
I've got a good feeling about SeaEnergy going forward. Profits on the way. I also believe the new maintenance ships although taking sometime will be a gamechanger for the company. Rome wasn't built in a day but once a partner is found then contracts will follow. By neilio
Re: CONFIDENCE
By indaknowWed, 17 Apr 2013 09:35:00 GMT
The board have sat on the sale proceeds from SERL and added no value to the business in 24 months. The SP drift is exactly what was predicted. Every month that passes more of the proceeds from SERL are p1ssed away on the directors' remuneration. Brilliant!
By indaknow
Re: SeaEnergy - remains on course - Edison
By PERPETUAL OPTIMISTFri, 12 Apr 2013 06:17:00 GMT
The concern lies with the use of words "well advanced" seven months ago; a deal to partner with a vessel company. No news after a further 7 months suggests this is no longer the case, and with no update dents the credibility of the management. They are now hyping with no actual progress to show. By PERPETUAL OPTIMIST
SeaEnergy - remains on course - Edison
By Aled WaldoThu, 11 Apr 2013 12:08:00 GMT
Is paid for research but still....valaution of 42p on SOTP
SeaEnergy’s FY12 results indicate that progress is being made in establishing a company with a growing and sustainable earnings stream. Continuation of this trend in 2013, together with the potential for the sharing of profits on the disposal of legacy oil and gas assets, and in time the commencement of regular dividend payments, could help close the gap between our valuation and the current share price.
By Aled Waldo CONFIDENCE
By PERPETUAL OPTIMISTWed, 10 Apr 2013 13:28:00 GMT
The board are to blame for this slow deterioration of confidence.
They portrayed the strategy favourably over 7 months ago and so far have not closed out whatever was well advanced. High salaries and misrepresented hype have eroded confidence.
Down down down... they have themselves to blame. By PERPETUAL OPTIMIST
RNS
By PERPETUAL OPTIMISTFri, 05 Apr 2013 11:54:00 GMT
Statement is rather vague. Chairman says happy with progress. For a company that made a statement September last year re well advanced Joint venture with major offshore vessel company; this is a whitewash. Whenever is something on their deal making ever going to materialise? Credability is wearing very thin now. By PERPETUAL OPTIMIST
Re: Edison - 45p SOTP target price..12page n...
By Go HanSat, 16 Feb 2013 14:28:00 GMT
Good to see the company increasing efforts to get more information out to the wider public and investors. Hope to see more positive developments this year. By Go Han
Edison - 45p SOTP target price..12page note
By Aled WaldoFri, 15 Feb 2013 14:31:00 GMT
SeaEnergy’s strategy of establishing a business to service the needs of the offshore energy industry is well placed to exploit the growth we expect in this market and at the same time deliver a less-volatile earnings profile than the company has experienced in the past. Delivery of a recurring earnings stream could enable the company to close the significant gap that exists between the current share price and our SOTP valuation of 45p/share.
By Aled Waldo Re: SeaEnergy's model route to success in of...
By avb123Thu, 07 Feb 2013 09:55:00 GMT
One of the most postive bits of press on sea energy in a long time. By avb123
SeaEnergy's model route to success in offshore services
By SlagChopsWed, 06 Feb 2013 21:19:00 GMT
By SlagChops
* Charts, price and volume data provided by the mighty Yahoo Finance may be delayed by up to an hour.
For the love of all things velvet, please always check financial data from more than one source before entering a trade. For live prices scoot on over to Share Price. If you know what's good for you, you'll check out: LSE Soirée, Investor Trader, DOW follows FTSE and AIM Shares Compared. Our cocktail of the day is Gimlet Fizz - a snappy, gin-doused number that'll take out a vital organ given the chance.
Video Interview
By 4276RVFri, 17 May 2013 08:46:01 GMT
SeaEnergy will shed legacy assets and return money to shareholders John Aldersey-Williams, CEO of SeaEnergy (LON:SEA), tells Proactiveinvestors that the company now has three integrated businesses in marine, consulting and in offshore software services and support with R2S, the company it bought last year. John reckons R2S, which, he says, offers a type of 'Google Street View' for offshore installations, should prove popular with blue-chip international oil companies. John also says that the existing interests in the 'legacy' assets, like its 21% stake in Lansdowne Oil & Gas, are no longer core to the business and over time SeaEnergy will exit these and return a proportion of funds to shareholders.
Retention
By jollyspeculatorTue, 14 May 2013 11:00:33 GMT
14 May 2013 Sale of SeaEnergy Renewables Limited On 29 June 2012, the Company announced that, pursuant to the Sale and Purchase Agreement ("SPA") dated 4 June 2011 between the Company and Repsol Nuevas Energias S.A. ("Repsol"), Repsol had intimated a warranty claim amounting to £849,000, and that Repsol had withheld that amount from the retention payment due to the Company on 28 June 2012 until the claim was resolved. The Company has today received payment in full of the withheld amount plus interest and no further claims remain outstanding or notified against either party. All amounts due to the Company under the SPA have now been received.
Time for a bounce??
By jollyspeculatorTue, 16 Apr 2013 15:08:22 GMT
23-25p has been decent floor for a year or so opinion only
rns (extract)
By jollyspeculatorMon, 15 Apr 2013 12:55:22 GMT
Outlook The Company is making excellent progress in delivering the strategy we set out a year ago, and plans to approach break-even in 2013, before moving into trading profit in 2014. This will be achieved by driving the continued growth of R2S and the consulting business, proving our marine capabilities, making additional acquisitions and, where appropriate, the sale of legacy oil & gas assets.
as in
By haroldhadradaMon, 01 Apr 2013 15:34:11 GMT
the clever plays often do'nt correlate the same rises.
will
By haroldhadradaMon, 01 Apr 2013 15:33:08 GMT
be interested to see how this plays but for me i think its easier going where the money is going and the more obvious play in LOGP , i find on aim trying to find the clever play when its much easier following the main stream play more often then not doesn't yield bigger %s
SEA out performed
By jollyspeculatorSat, 23 Mar 2013 18:17:11 GMT
LOGP on 1 & 3 month...so may have play catchdown?
Looks cheap
By hoperFri, 22 Mar 2013 10:39:51 GMT
With it's £14 million in LOGP shares, decent cash balance (approx £5 or 6 million) and buying it's profitable RS2 business SEA looks cheap with a market cap of £15.5 million. I don't normally touch AIM shares but this looks cheap so I've had a "dabble". 50,000 shares at just over 28p - fingers crossed I don't end up cursing AIM stocks!
Blue
By baz9707Thu, 14 Mar 2013 12:42:24 GMT
Wow blue all over my PF today I think a decent night out on Friday to celebrate a decent end to the week.