08:30:50 27-Feb-2020 18.75 GBX 17,241 3,232.69 Off-book AMND AIMX
08:30:50 27-Feb-2020 17.75 GBX 17,241 3,060.28 C CANC AIMX
08:30:50 27-Feb-2020 17.75 GBX 17,241 3,060.28 Off-book AIMX
16:20:34 26-Feb-2020 19.00 GBX 10,000 1,900.00

Fremgår tydelig her at vi omsettes på 17 tallet.

Sist omsatt for 19 kl 11:35:52.

Ja der er fantastisch! Men Det går ikke og selge på 19..

Jeg ser at det striregner i Mtwara de neste dagene (yr). For tro godværet kommer snart... Gode tider for vannkraften.

Tror de utbetaler i GBP, som er 12 kroner p.t slik at 0,10 GBP er ca 12 øre - og er ganske så sikker på det - da forrige utbetaling var i GBP - og det er bra i disse tider hvor NOK er «3dje verden valuta....»

Update

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused natural gas company provides the following update, in light of the fall in oil prices and global stock markets.

Commodity Pricing

Wentworth sells its gas under long-term fixed price contracts that provide for price escalations based on the US consumer price index. Wentworth currently sells gas under two contracts:

1. to Tanzania Petroleum Development Corporation ("TPDC") at $3.24/MMBTU, which supplies Kinyerezi and Ubungo power generation facilities as well as a limited number of industrial customers; and

2. to Tanzania Electric Supply Company ("TANESCO") at $5.36/MMBTU, which supplies the Mtwara power generation facility.

As such, the Company is not impacted by fluctuations in global commodity prices.

Financial Update

The Company continues to receive consistent monthly payments for gas sales with receivables from TPDC standing at just one month. As previously stated, the Company fully repaid its term loan on 31 January 2020. The Company's net cash balance at 31 January 2020, following the final repayment of its term loan, was $14.2 million.

The Company's strong cash position and consistent payments comfortably allow the Company to fully fund its dividend policy, which, based on yesterday's closing share price of 17 pence, equates to a 7.2% annual yield.

2020 Capital Programme

As previously stated, the Mnazi Bay JV Partners have agreed a limited 2020 firm work programme totalling approximately $4.6 million net to Wentworth.

Operational Resilience

Noting the uncertainty arising from the recent coronavirus outbreak, Wentworth has undergone an evaluation of its business preparedness and believes it is well positioned to minimise disruption given a limited requirement for stock at Mnazi Bay, IT remote access for employees, and precautionary procedures undertaken by the Tanzanian government.

Da sitter selskapet idag med over 15m$ i kontanter og betaling for gass kommer hver mnd. De betaler ut 2m$ i utbytte, altså 10 øre pr aksje for andre halvår 2019. Og det går 4,5m$ i vedlikehold. Da tror jeg M&P med dette vil oppnå at dagens fem brønner kan produsere stabilt på ca 120mscf, slik at ytterligere boring ikke blir nødvendig med det første. Så fra 2021 vil vi se gradvis økende salg av gass og reduserte utgifter etter at nå snart alle brønnene har gjennomgått vedlikehold. Tipper utbyttet i 2020 holdes på linje med utbyttet i 2019 før det øker i 2021

https://www.malcysblog.com/2020/03/oil-price-rockrose-trinity-petrotal-wentworth-resources-dgo-and-finally/

BUNNSOLID selskap i disse tider,finnes knapt noen bedre🙂NULL gjeld ,masse cash og betaler utbytte.Her er det bare å sitte til butikken blir solgt.Sikret god avkastning pga utbyttene,så vil kursen stige til riktig pris,den dagen bud foreligger.Blir vel hvertfall 4-5kr!wen er hinsides underpriset!Når nå K1-ex kommer på banen i 2h,øker vel produksjonen til wen til 100 i perioder,og kanskje vi får snitt på 90.Da tjener wen veldig gode penger.Og når den nye PSA kommer på plass,vil jeg tro de gamle pensjonistene prøver å selge butikken.Da ligger alt til rette for en god pris. Med en god produksjon,som gir solide overskudd,masse cash,null gjeld og avtale som strekker seg til 2041🙂Da vil vi få godt betalt for tålmodigheten vår!!

Nesten alt ligger til rette unntatt kjøpere. Coronan med tilhørende borskrakk tror jeg ikke gir mer oppmerksomhet til WEN. Alle sitter nå og avventer gunstig inngang som kan gi større gevinster kjappere enn å vente på utbytte i WEN. Jeg tror som mange andre at salg er eneste vei til gevinst.

Det er jo litt trist at vi sitter å venter på noe ekstaordinært som må skje for å få kursen på et nivå det en ikke gir bort aksjer. Å tjene penger på denne har jeg gitt opp, jeg kaster kortene om denne noensinne henter seg litt inn igjen. Lekse lært.

Er vel ikke mulig å sitte i noe tryggere enn wen nå 🙂De får akkurat like mye betalt som før.Om børsene hadde vært i ath og olja i 100,hadde ikke spilt noen rolle.Og vi får faktisk utbytte.Wen har fast pris,og får betalt for 70scuffs uansett.Det vil si at de går i pent overskudd UANSETT👍Og se har 140mill på bok

Vi har gått glipp av stigningen i markedet de siste åra. Da er det greit å gå glipp av fallet også. Meldingen var klokkeklar. Wen taper ikke en krone på corona. Det er godt å vite :) Men, jeg mener dette fallet kan åpne muligheter for Wen til å plukke billige produserende eiendeler.

Hm. Er det noen som kan forklare en grønnskolling hvordan en fører inn verdien på Wen aksjer i selvangivelsen etter flytting til Londonbørsen?

Hva med å sjekke https://chat.xtrainvestor.com/channel/wen for 21.mars?
Det er gratis!

Dagens malcys;
I spoke to Wentworth CEO earlier in the week, it is a favourite stock that is becoming more of an apple in the eye as time goes on. Wentworth doesn’t just have defensive qualities in this market, its attributes are positively abundant and they run a tight ship around there. The business is simple, transparent and recent management changes were fully supported by shareholders who are more than happy with the model.

The company ticks a lot of boxes right now, it has no commodity price volatility as its contract is to sell gas on long-term, fixed price contracts that provide for price escalation based on the US consumer price index. It has no debt and cash of $14.2m comfortably able to pay a dividend which yields over 7%. With magnificent simplicity the company states ‘as such, the company is not impacted by fluctuations in global commodity price’, touché as they say in the trade.

Unlike others they don’t need to cut capex, for the time being it’s not needed and spend is regular opex and development expenditure. They remain on track with existing forecasts and as can be seen are operationally resilient. At the moment they don’t even have a problem with COVID-19 although they have contingency plans with Maurel & Prom, the operator who can manage an outbreak by switching to a reserve crew they have on standby.

So what might be the downside? There is some country risk as ever given the market’s view on Tanzania in recent years but from what I’ve been hearing lately there is a good deal to be encouraged about in the area. As for being paid that has also been pretty much sorted, the company at last RNS said that they have been receiving consistent monthly payments for gas sales with receivables from TPDC of just one month.

I would suggest that Wentworth is in pretty good nick, indeed should something arise on the acquisition front I wouldnt rule out something, management is always on the lookout but the supportive shareholders are certainly not expecting it. The management is highly rated and the top team work together very well, the company has repaid its debt, is financially prudent and must be one of the strongest companies in the sector operationally and financially, as I said before, what’s not to like?