Register
Login:
Share:
Email Facebook Twitter




Magnolia Pet Share Chat (MAGP)

MAGP Share Chat - RSS Feed

Share Price: 0.22Bid: 0.20Ask: 0.24Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.04Spread as %: 20.00%Open: 0.195High: 0.22Low: 0.195Yesterday’s Close: 0.22


Share Discussion for Magnolia Pet


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Guidedog7
Posts: 343
Off Topic
Opinion:No Opinion
Price:0.22
Oil falls in volatile trade
Today 07:03
By Reuters | Fri, 5th February 2016 - 21:26
By Devika Krishna Kumar

NEW YORK (Reuters) - Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed with concerns about a growing supply glut.

After a volatile week's trading, much is riding on Sunday's meeting between Venezuelan Oil Minister Eulogio Del Pino and his Saudi counterpart Ali al-Naimi in Riyadh, after Del Pino's discussions with the Qatari and Omani ministers this week.

As cash-strapped Venezuela tries to rally support for concerted action between members of the Organization of the Petroleum Exporting Countries to boost prices, Sunday's meeting is seen "make or break" for a possible deal, said Tim Evans, energy futures specialist at Citi Futures.

Adding to this week's rollercoaster ride in prices was the sudden liquidation of a $600 million leveraged fund bet on falling prices.

Investors were also weighing a string of conflicting indicators on Friday as the dollar recovered some of the ground lost over the past two days while investors continued to fret about growing oversupply, with U.S. inventories hitting record highs last week amid concerns about a slowing global economy.

The pickup in the market earlier this week was not really warranted, Gene McGillian, senior analyst at Tradition Energy said, referring to the market seemingly brushing aside extremely bearish inventory data earlier this week. [EIA/S]

"Today when the dollar tried to push up, which I attribute mostly to a little weekend covering, you started to see some sellers come back in the oil markets," he said.

Global benchmark Brent crude futures settled down 40 cents, or 1.2 percent at $34.06 a barrel, after trading between $35.14 and $33.81.

U.S. crude futures closed 83 cents, or 0.1 percent lower, at $30.89 a barrel, after touching a high of $32.45. The contract fell slightly lower to $30.63 in post-settlement trading.

Prices briefly turned positive after data showed U.S. energy firms this week deepened their oil rig cuts in the seventh week of declines, to the lowest levels in nearly six years.

Both contracts were stuck in a narrow $1.50 range through the session but ended lower as hopes of an OPEC-led production cut that boosted prices in January have faded and concerns about a global supply glut have returned.

In a sign that low prices are having a limited impact on production, only around 100,000 barrels per day of oil production has been shut in globally to date - about 0.1 percent of global output, industry research group Wood Mackenzie said on Friday.

Morgan Stanley warned on Friday that a rebalancing in the oil market may not occur until mid-2017.

As markets try to balance themselves, it will likely lead to further volatility as investors close excessive positions, ABN Amro said in a note.
 
Trytime
Posts: 255
Observation
Opinion:Strong Buy
Price:0.22
RE: SP up!!!
Fri 21:36
The 10:48 transaction was my 500050 top up to get me through the 3m mark. Keep the faith!!
daggers1
Posts: 541
Off Topic
Opinion:No Opinion
Price:0.22
robsky
Fri 15:00
I have 20k in my sipp alongside these but they are at 2.2p, my sipp is below 1p now, poo is a major concern but I just keep the knowledge that it is a cyclical price, historically, and a finite resource.

If the spending follows all my other shares it will do one of two things, a, rise epotentially until it is just under my average, or b, not rise at all leaving me well underwater.
Robsky
Posts: 3,861
Off Topic
Opinion:No Opinion
Price:0.22
RE: robsky
Fri 14:39
About the same here but between ISA and SIPP, you are well committed lets hope the rewards are coming it will be from the experience of the BOD that we will gain ground the POO is putting me off oilers now but still tempted to top up here just to get the average lower.gl
MrEnglish
Posts: 845
Observation
Opinion:No Opinion
Price:0.22
RE: robsky
Fri 14:33
here here
daggers1
Posts: 541
Off Topic
Opinion:No Opinion
Price:0.22
robsky
Fri 13:59
I have two years full, I am secretly hoping it stays down till April.
Gibbz
Posts: 366
Off Topic
Opinion:No Opinion
Price:0.22
SP up!!!
Fri 13:57
That's for the welcome Robsky, looking forward to the next update. Hopefully stimulate some new interest, this old ship has legs in her yet, that I am sure.
Robsky
Posts: 3,861
Off Topic
Opinion:No Opinion
Price:0.22
View Thread (2)
RE: SP up!!!
Fri 13:45
jr.. lol Not complaining at all mate time we made a move, it just makes me wonder how this is manipulated, maybe another huge buy in the back ground that we don't know about "dark pools" again. welcome back in Gibbz, at least we have made it to 0.2p daggers hope you have your ISA full looks like we are going up albeit slowly lol......good idea jr post it again then get Mr Magnolia to post it all over AIM lol..
daggers1
Posts: 541
Off Topic
Opinion:No Opinion
Price:0.22
View Thread (3)
party
Fri 13:35
Didn't somebody mention a 0.2p party??
Gibbz
Posts: 366
Off Topic
Opinion:No Opinion
Price:0.22
Feels like home...
Fri 13:14
Nice to see I timed my purchase right last week, been wanting back in for some time. I was in a few years back during the baron/purcha epsisode, keep up the great posting chaps, I'm in for the long haul here also.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.