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Ok... So rumours through from LSE, NBI in trouble in the ME region!
And yet here she is threatening a quid ;) Nailed that one to the day ffs but didn't take it, ho hum ... Lorra gaps to fill way up above ...
to turn back towards c£2??
yep...nbi has turned it seems and pres not doing bad either!
and very good bounce today
A few more buys, for a clear run up to £1.20........
has to change opinion...well done 99
So they were buys then - lordy ...
gap-up implies gap filling 140s ... Who knows, I've given up guessing this one :)
up in pre market ...
may get a bounce... .....to 90p??
lol
any one heard about litigation in Dubai
a £million in buys there I see??
is the lack of clarity around debt servicing/covenants in the medium (1-2 yr) ...are they crossing their fingers and praying for ST recovery in their O&G business/markets??? ...I reckon Brent may be heading for 30-35 in 2016, so this is an avoid imv
It has sufficient headroom to meet all its scheduled bank repayments in the next fifteen months.
what do the charts scream lol?
on HD, he says he never loses much cos he sell immediately sp goes against...so this is the exception or??? ....I ignore the noise/guff
...
Still in - not a giant punt - see what happens ...
Think c70p is a good pivot - whether that means up from here or down and then back to here only time will tell ...
Decent discussion with regard to techicals but so far fundamentals seem to be dictating movement Have always liked Nbi and so can't believe it's now at just ~£14M mcap As before still think it's best to wait for further update via next January update
often break out the monthly chart in drops like this and did so just now as while it's the bluntest of weapons, it does help clear some of the noise away ... I have to say I do like this area - above 65p - even though I can see 50s/44p/29p "targeted" but I've a feeling those are scores to be saved for a later day, probably a *much* later day, if ever ... Descending wedge bottom touch from hereabouts would be my balanced shout and the first bounce will be £large and possibly well above a quid with slightly lower lows (months apart) on each successive touch on this bottom trend line with more aggressively declining lower highs ... Extraordinarily difficult call this but we're 25% lower than this has ever been now so it's gotta be in the ballpark for some fun soon you'd have thought ... BTW, I scanned the guff - it was a "man look" so doubtless I missed something but I saw nowt about banking covenant negotiations, I rather took it that they were sorted already with existing loans - feel free to correct me if I'm (probably) wrong on that ... PS: I just did a magic number calculation from the £6.10p top and it came out @ 73.2p - there's a thing ... Here's to £1.08p on Monday! ;)
will tell as per - MMs certainly seem reticent to dump any at <75p so far ...
difficult for outsiders to know...but pretty tough all round for nbi...as riddler says, plenty to concern PIs ...gl