The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
CaptSwag,
"my only worry is that the giant squid which i have been informed by reliable sources to have the coronavirus does not infect the crew - however I am also informed that everytime it surfaces they are spraying it with perched water "
Post of the day!
Except you forgot to mention that the squid bit through the loading-hose and drank a bellyful of oil, which is why the tanker's only carrying a 'light load'.
longwait - jeez please dont burst my bubble!
i think 14p ish is the bottom - fingers crossed no more bad news. we hit a new low on a bad bad day but bounced off
i think after the stobie departure and the huge losses on the market this week that is a good result this week - i certainly would have taken it beforehand.
my only worry is that the giant squid which i have been informed by reliable sources to have the coronavirus does not infect the crew - however I am also informed that everytime it surfaces they are spraying it with perched water -
I'm not sure we've hit the bottom yet, Captain, because the SP did make a new low today, but the chart has been flattening for some time.
The price has fallen by 0.67 p during the past three weeks of trading, according to Google's chart, in spite of the world being on the precipice of an unprecedented catastrophe during that time - if you believe the mass media.
It's a good thing they didn't have CNN, Fox News, BBC, etc. during the Black Death.
A third of the population wiped out.
Wonder what effect that had on stock prices.
Posters at PMO have long been convinced its SP is regularly manipulated.
I have bought at around the bottom, only to see the recovery completely reversed.
E.g., I bought at 69 and saw it rise to 146; I then bought at 59 (the bottom was about 54) and it rose to 102; it recently fell to 65, rose to 115, and is back in the 70s.
I can see now that simply buying and holding is not a good idea.
It's as though the big rises never even happened, because one never profited from them.
I think today is just confirmation that we are at the bottom. In a way its nice that our fall preceded the market - as we had already gone through the pain.
just have to hope that the coroavirus situation improves before cmd- so any good news gets the response it deserves.
What lovely post.
By my favourite cereal too!
Once again this seems to be obviously manipulated. It has been pulled down and down to the 15p mark with a view to ramping back up before CMD, then as an unforeseen circumstance the entire oil & gas market has plunged 20% in 10 days. The MM's couldn't push this further down as the P/E ratio is already ridiculous, so they are stuck with it hovering at 14-15p. It's like an elastic band pulled down and ready to ping.
However, they will make their money on the way back up and they don't want to release it while in such a market dip. I'm sure they are hoping for a market bounce before CMD so they can let it fly.
The newbie day traders will then sell at 10-15% rise while the wise heads will hold for some serious rises.
After CMD I'm expecting 40-50p range will resume for a while.
Years ago I was having it away with Doris Day , OK until she said 'move over darling' . I did that and fell out of bed and woke up .
Holding on to my few shares in this company .