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Swanley, I started by falling for the dreams offered on AIM, I have a similar view of it and in all of the last 13 years I've avoided it and done fine. Except one. A couple of years ago some 'virtual colleagues' were convincing enough in their knowledge that I broke my rules and tried some 'high quality' AIM companies. That didn't end well for me as you're suggesting it might not for Cevod. I'm very much with you and stick to the main markets.
You mind you don't choke on that cheap plonk mate, or should I say the ultimate grey man. So keen are you to preserve your identity that you can't help yourself bragging under your pseudonym on a public forum.
Anyway, Empire looks shiny, but it will likely be life changing in the wrong way for you. Remember that all that glitters on AIM ain't gold. It's a different world from ftse 100 stocks. Fundamentals mean very little there. I won't be touching AIM miners with a bargepole, you be careful investing for 2-3 years, that dilution and the casino that is AIM will ruin you. But it sounds like you can take a big loss. I hope it comes good for you.
I'll be in touch when EZY turns back up, but only on the technicals, obviously xx
Swanley, love the response, anyway I'm quaffing a Rioja and catching up on some series and films I've missed whilst away.
Bragging, never mate.
I've friends of 50 yrs who have no idea of my asset wealth, I'm the ultimate grey man.
Not in the least bit ostentatious.
Stating facts isn't bragging.
Anyway, I hope you seriously consider Empire, it will be life changing for you in financial terns.
Alpha Growth PLC worth your investigation as well over 2/3 years, only on fundamentals obviously.
Toodle pip
Vietnam? The war's over dude! I hope you had a nice time, not sure why you feel the need to brag though. Sounds quite insecure to me.
Thanks for your tip, I'll take a look. I hope you don't get burnt though if you're so exposed in Empire Metals. Why only holding for 2/3 years, I thought you were a fundamentalist? Surely you're holding for life and passing shares down? 2/3 years sounds border line like a medium-long term trade to me... You'd better be careful mate, wouldn't want to be classed as a day trader eh!
Who ever said I was a statistical expert? Not me, I think you're making stuff up. You haven't ever tried to help me, you've just been rude and arrogant since our first interaction, which by the way, shows your personality in spades, rather than your shallow boasts.
My tip to you is that you pop those naughty technical traders on filter me ol sausage and that way you can just interact with your fundamentalist groupies, so they can all nod their head when their great leader speaks.
Toodle-pip. xx
Swanley, actually been in Vietnam for a month.
Flew Qatar Q Suites A350-900 powered by Rolls-Royce, another share I own.
Oh, bought that at 70p, look at it now and I didn't trade 1.
Ah fundamentals eh.
Still got 100% to got on that one but being up over 550% is nice.
I'll give you a tip.
I'm into Empire Metals very very heavily.
Average 8 71p.
Run your charts, cuffs, cups, saucers, MA's et al.
I'll simply say it's a hold for 2/3 years and a probable minimum 25X.
You on the other hand, being a statistical expert probably can't see the fundamentals or require so much evidence that you'll miss the boat.
Wrll, don't say I haven't tried to help you.
That will include a lot of final transfers ahead of the FTSE reshuffle this weekend, which will inflate the volume today. LSE have only marked it as 'Buy' because the price agreed in the closing auction was above Mid/Ask at the time, but it's actually buys matched with sells at that price so a net nil sum.
Also, none of the trades that LSE mark as 'unknown' are included in either the buy or the sell totals each day so they are pretty meaningless in a large company with thousands of trades.
Anyone else see that huge uncrossing trade value?!
Vol. Sold 1,700,749
Sold Value £8.99m
Vol. Bought 17,086,659
Bought Value £90.49m
Ahh cevodunny, I've missed you mate. Were you waiting for your temporary suspension to be lifted or were you residing at His Majesty's Pleasure somewhere?
I hadn't guessed that you were a fundamentalist.... Much. See I respect your perspective, despite your rudeness and disrespectful attitude. I acknowledge that there are both technical and fundamental views held by many people. And both can be successful.
The fact that you are a fundamentalist is your choice, and I respect that. You have to stomach the ups and downs over a long time to be 'right', and risk losing significantly if there's some disaster. Whereas I like to jump about and try to catch the wave of trends, without risking losing all my gains, and in doing so, the trade-off is that I could miss the longer term growth. But I'm ok with that, that's my choice - I don't call you clueless, hiding behind the pretence of the 1000 yard stare, the long term view because you can't see when a stock is going to move up and down, so I don't expect to be called a Charlatan, or all the other things you've levelled at me here either. That honestly just makes you look pathetic.
As far as I can tell, this board is for both perspectives, there's no requirement for fundamental views only, is there? Or is it just that if you don't share cevodunny's opinion, then you're an idiot? In which case, what's the point of this board at all. You might just as well send out a newsletter.
With regard to always posting after a fall, you'll recall that I posted my view on EZJ on the 5th March, 1st March (twice) and 2nd Feb. So far price is doing what I expected. I still believe it will come down to look for significant support before retracing back and challenging the 200MA.
Best of luck with it all and try not to be so bitter in life ehh? xx
When we out of this temporary mess we can do an absolute hatchet job on Qube. It’s not just ezj they f***ing around with.
They appear to be an offshoot of Debit Suisse. A subject for April. Cheers to you too.
GLA
QUBE reduced on the 13th March...Hahahaha...they missed on yesterday's drop..Bunch of muppets!!
DIVI paid on 22nd March. This will rise nicely now. Cheers.
Emergency cash back in account. This still my largest holding and very positive for next week
Swanley, look mate, I appreciate you have PhD in theoretical mathematics and a PhD in pure mathematics and to you, share analysis is as easy as Teller perfecting the hydrogen bomb.
But , no matter how often you post your 20, 50, 100, 200 MA's, your collars, your cuffs, your coatails, you are a charlatan!.
It's always after a fall you post your theoretical nonsense.
Why yesterday didn't you inform your groupies that the charts showed a rise today, so they can daytrade and make a fortune like you do.
Me, I'm just a fundamentalist .
Sounds good Esprit2022 !! I've only dipped my toe compared to your 7,500 as my other funds are tied up and also have IAG.
Found the following re Hedges of Fuel and Currency, obviously better if buying live prices:
"The British discount airline said on Nov. 28 it had hedged 76% of its fuel needs for the first half of 2024 and 51% for the second, at an average cost of $109.75 and $104.18 per barrel, respectively. This was slightly higher than the $109.62 and $104.05 reported in October.
It has 76% of the dollars it expects to need in the first half of the year, bought at $1.22 per pound, and 53% for the second half at $1.24 per pound."
V Ryanair who have much lower prices: "The Irish carrier said on Nov. 6 it had secured about 85% of its fuel requirements for 2024 at $89 per barrel, and over 50% for 2025 at $79 per barrel."
Why they hedge at these high prices I cannot understand, even today EZJ would get much cheaper prices.
https://www.reuters.com/business/aerospace-defense/how-european-airlines-have-hedged-against-fuel-price-increases-2023-11-02/#:~:text=EASYJET%20(EZJ.,and%20%24104.18%20per%20barrel%2C%20respectively.
Added some as well 7.500 @ 5.20
I've bought and sold EZJ many times over the years and always made good money. The range has been big, anywhere from 3.60 to 18.00 ish
Just added to my holding...another 3000 EZJ. GLA.
Savage-×××, the IEA have increased their demand forecast by only 110,000 boepd from their last month's forecast.
Rephrased with some proper grammar!:
I too agree with Stupmy. News emerging today from the IEA on oil prices, and the oil supply outlook, will imo amplify selling today + through into tomorrow as well.
I too agree with Stupmy and the news emerging today from the IEA on oil prices and the oil supply outlook will imo amplify selling today and through into tomorrow as well.
Carrington
EZJ is a cash generative business and doesn't have too much issue paying its coupon so it is seen as a fairly stable issuer ..so you wouldn't expect a particularly high rate ..plus if you pay off one debt with it rather than add more ...the rate is often a bit cheaper....the risk of default on a coupon payment isnt great
if interest rates drop existing bond prices would go up.....but equities still seen "overall" as more risky at present ...
" Combined with over subscription"
generally..there is a strong demand for fixed-income quality bonds .... as fixed-income still in demand ...
if interest rates were to tumble over the next 12-18 months say..then 3.75% could look good to snap up..as the demand for them would only rise as would their price .....newer lower coupon issues would have less interest
"with respect Carrington...it kind of points to the preference and demand for fixed-income , rather than maybe the uncertain volatility of Equities" - Disagree Poker - the coupon is relatively low which in itself shows confidence in the EZJ business going forward, - the expected rating is baa2 (stable) and BBB (positive) - that doesn't infer future equity volatility in terms of EZJ - if the coupon was plus 5pct I would be concerned but it isn't -
gl dyor etc
I looked at the coupon and thought it was low and that it made sense to extend the payment dates. Combined with oversubscription I thought it might be positively viewed. Not today though!
Stupmy
bond pretty much as expected I suspect..although coupon on this bond probably higher than that of any they are paying off ...so up tick in finance costs I suspect , but known-known if so
I was surprised that this mornings RNS didn't have a positive impact PC. Nothings certain in the world