The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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.
Yes no surprises, the metric that I always worry about most aisc is now likely to be at high end of 1275-1425 which at these gold prices might give near £50m profit afte the Emra share, so considerably lower than historical and even at this fallen share price a higher PE than historical, in expectation of better times. All depends on those costs going down, and faster than gold does , I wonder if there will be much market reaction as all this is known?
Good morning Xxxxx
This morning’s numbers seem inline with what is expected.
Production was as projected and not above so I don’t expect anything exceptional from the market today.
(Famous last words)
We’ll see what happens.
Regards Xxxxx
Not too bad, steady going
no alarms and no surprises....
on target
unhedged and debt free
lets see how the market reacts.
Why, there won't be any big surprise
Equities in Europe traded higher in the premarket on Wednesday ahead of the newest reports on the United Kingdom's inflation and Germany's producer prices. Later in the day, the European Union will publish its freshest result in consumer confidence.
The DAX went up by 0.54% at 7:13 am CET. At the same time, the FTSE 100 rose by 0.46%, while the CAC 40 grew by 0.34%.
The euro gained 0.15% to the dollar at 7:16 am CET to sell for $1.02429. At that moment, the pound sterling increased by 0.28% against the greenback to go for $1.20283.
Baha Breaking News (BBN) / JR
Gold slightly better than flat at + .07% $1712.76
Drumroll for an extra special hump day, may the hump be extra large and in our favour.
Good luck today y’al
Hold on to your hats
Spot on,
My prediction based on previous RNS are if if its a positive one then we will have a slight lift but finish lower due to the traders who have already positioned them selves for the anticipated good news rumour and will sell then sell on the news.
Then we can hopefully look forward to a steady climb back up over the coming months.
Fingers crossed for tomorrow and good luck to all us battle weary LT holder's.
Good luck everyone for tomorrow, let's hope we don't get decimated at usual
I get the feeling that the situation is changing that’s why I posted the summary’s.
Would have liked to hav seen Centamins share price closer to 90p today but I suppose we can live with having gotten this far without a ridiculous devaluation.
If Michael Horgan & co report a prosperous set of numbers and promising mine data Centamins share should begin a decent upward trend.
As Steve said, everything crossed for 7am.
Yep- thanks Razor- quick off the blocks :-)
Thanks Razors.
At least your posts are informative.
Russian President Vladimir Putin said on Tuesday, during a meeting with his Turkish counterpart Recep Tayyip Erdogan, that not all difficulties regarding the export of Ukrainian grain have been resolved.
Nevertheless, the head of Russia insisted that even with certain problems still remaining, "the fact that there is movement is already good," adding that he is thankful to Turkey for providing mediating the negotiations and making it possible to reach this stage.
Earlier, it was reported that Moscow and Kiev are close to reaching a deal on the matter.
Baha Breaking News (BBN) / AY
The European Union is to make exceptions to tough sanctions it imposed on Russia since the latter's invasion of Ukraine on February 24, as the European countries might unblock assets of Russian banks linked to food trade and fertilizers, a document from an unknown EU diplomat showed on Tuesday, in a report by AFP.
The members of the EU "want to make it abundantly clear that there is nothing in the sanctions that is slowing the transport of grain out of Russia or Ukraine," the diplomat remarked.
The decision comes as Moscow accuses the West that the sanctions, not the invasion of Ukraine, are causing a global food crisis.
Baha Breaking News (BBN) / JN
Russia and Ukraine should be close to reaching a deal to finish the blockade of grain exports through the Black Sea, Financial Times reported on Tuesday, citing sources familiar with the UN-led negotiations.
Despite the advances, the parties disagree on how to ensure the security of ports and ships along the export route, said the sources. However, Moscow and Kiev agreed to supervise vessels en route to and from ports, including Odessa, at two monitoring sites - one in Istanbul and one in the Black Sea - where ships will be checked.
In that sense, yesterday, Turkish Defense Minister Hulusi Akar said that a deal on grain export from Ukraine had been reached in principle.
Baha Breaking News (BBN) / JG
Q2 tomorrow- all eyes at 07:00...
So true, Mr T, so true.
For what it's worth, the Commercials are very happy to go long at these prices! It's just a matter of time for the turn.
It's another great opportunity.
golf today- sooooo hot and the ground like concrete
me To Gnome but far too hot for the boat today ... might try from the shore later :)
if i twitched for every twitch of the gold price, I would be a nervous wreck and ... waste my life
i have sime fish waiting for me to catch them ...
good luck
the gnome
US open sell off in gold... for now !
deepjoy,
My bet is the US$ will weaken, if not appreciably.
Free money has been very expensive to all, and just how expensive and to who is still being studied.
The roots of poverty are complex, but the study isn’t a one-off in documenting a link between transfer payments and worse outcomes. A 2018 study in the Journal of the American Medical Association examined the diet quality of food-stamp beneficiaries from 2003 to 2014, a period in which average benefits increased more than 50%. Similar low-income people who didn’t get food stamps ate more healthily than those who did. The non-food-stamp group consumed significantly fewer sugar-sweetened beverages, and their diets improved more over time.
Transfer payments ballooned during the pandemic as Democrats argued that they were needed to prevent millions of Americans from falling into poverty. Republicans in Congress put up little resistance, at least while Donald Trump was president. Congress spent a total of $800 billion merely on stimulus checks during the pandemic.
The handouts induced people to spend more and also reduced the incentive to work, which fanned inflation. Now there’s evidence that the payments could have reduced personal well-being as well. A tome could be written on all of the government mistakes during the pandemic.
One lesson for Congress seems clear: Never again send out cash with no strings attached.
MEANWHILE: Many U.S.-based tourists are spending on luxury goods, fine wines and high-end accommodations. Others say they are planning additional return trips overseas to take advantage of the potential savings. Traveling to Europe also offers Americans a brief respite from the impact of rising inflation, since the dollar’s strength has helped to offset some of the higher costs in Europe.
Who benefits, and for how long .... it will not stay this way forever!
best
the gnome
Hope not Mr Gnome, Mr Bristow certainly hasn't been over generous to say the least to existing share holders in any of the past Barrick take overs of other gold miners!
Mr Bristow also trophy hunts endangered African wildlife, he has an over bloated ego, cant stand the man!
Hi Red Sparrow,
Fantastic to hear from you again and thank you for sharing your thoughts on where things are going in the market.
From what my contacts show me its clear where things should be going, although I fear that the FED, Central Banks, BIS and others will have different idea's, so no doubt corrupt practice in the name of political expediency will win the day!
You know summed up just how I feel about market terminology such as "healthy correction " 'healthy pull-backs" 'the market got ahead of itself" and all the other bullsh*t jargon used to try and give the impression of respectability to the manipulative system employed to keep the stock market merry-go-round around turning!
Look after that garden and the birds!
Keep well!
Mr T