Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen 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.
Thanks for taking the time to reply ADUK, I thought as much.
It's a case of letting the production doing the talking for me now. Hopefully that remains trouble free, the SP re rates and future plans unfold from there.
Will be keeping a keen eye on future appointments.
Mk111,
"AD2K I'm curious to know if you've dipped a toe on again this morning especially after your enigmatic statement yesterday.
Seems to me that there's not enough technical flesh on the bone detail wise as yet but as I say I'm curious. "
To satisfy your curiousity, no I haven't bought back in, for the very reason you mention and which is a view I share. Not enough detail.
But I don't think anything's being 'hidden' in the RNS. Instead it strikes me as being a 'watch this space' update, but not much more. It mentions that the results of the 'technical review' and also forward-looking plans will be published at around the same time as the interim financials in September, so I feel it's going to remain a waiting game for another couple of months. And as a corollorary, I suspect the day-traders and algos will just continue playing silly b**gers with the shares, clawing at their fractions of a penny profits, until then.
It's positive news that the ESP's are now brought into play, though I'm not sure I understand why that on 6 is being run at the same time as the 7z pump. No doubt there are good reasons. But it does mean that the 'experimentation' is continuing, hence use of the word 'optimization'.
AD2K I'm curious to know if you've dipped a toe on again this morning especially after your enigmatic statement yesterday.
Seems to me that there's not enough technical flesh on the bone detail wise as yet but as I say I'm curious.
A2UK - No, because I said I wouldn’t if nothing to report. My bloke in H K did not know of Kerogen. He is mostly in Thailand now with his family, and out of the game..
Hope all is well with you.
Haircut today ! At last! I look like a urangutan!
Sorry for delay AD. Manic past 24 hours. Currently undertaking a renovation on my empty rental in Bedfordshire. With Corona, I thought I'd give it a crack but it's going a little slow. I like to believe I'm bang on at carpentry and trim work but I'm merely an amateur who learned in in my spare time in a barn firing nail guns about.. Still, i'm chugging along.
Yes I was expecting more today. But it's a 50 retrace on the prior trading day. It's crazy when that now seems a positive.
And we continue to watch on..
daltry,
Msg received. Referring back to earlier in this vein, did you get PM details to 'Haggis_Trap' ? I learned some interseting things from him but which I won't repeat here.
Well nice to see the usual subtle deramps and posting of ones intent to buy or not ... maybe we should all be self important and post our intent to buy or not?! Well 80% of my watch list was down today funny enough with the general market...a lot of them oil companies... did I tell you one of my clients was buy a lot of hur he’s in it for the long haul and sees massive potential and being an oil man knows things don’t always go to plan but is happy with the risk reward oil flowing and cash in the bank..
A2UK - my client, who phones me nearly every week, is still disposing, as I mentioned. I’ll ask him to let me know when he’s finished. Whether he holds some back will be his business. He needs some dosh for personal reasons. Dollar cost averaging may be the only sane way for one to buy, as no one knows the bottom. Of course , a very positive RNS will change things but not necessarily his disposal. He was never in this for LTH but the fundamentals changed somewhat. Signing off now, but will read your reply , if any, tomorrow.
eskibearbeater,
Further to my last.
I finally got to bed very late: 06:00. Woke around 09:00 uk time, logged on and saw the sp up 4%. But went back to bed. Woke 'definitively' at 14:00. Logged in, sp now in the red.
So for me, no question of 'playing another hand' heré without an unequivocally positive RNS.
eskibeatbeater,
"Fancy one more hand?"
Not impossible. Thought about it today, but for assorted reasons didn't buy. I'll wait on news, and not the sad sort learned in the RNS.
And won't be until very late today if I do. A very sleepless last 48 hours or so, including (at last) my first poker-game in a casino for almost four months. And casinos sure are weird now, with all those plexiglass screens and so on. And having to wear a mask, which is a real downer. The only good thing about wearing a mask for close on six hours is taking the dam thing off for the 85-mile drive home, with a nice fat full moon shining through the driver-side window in a friendly way.
Other than yesterday's sad news, the signs are looking up. But still awaiting a positive RNS. Yesterday's 10 % rise is fine, but still represents 10% of not very much. And I made a lot more than any 10% last night.
Fancy one more hand?