Member Info for 5eightsaccount

Just looked them up on the Companies House register, they're not exactly a small outfit that's for sure :-

https://find-and-update.company-information.service.gov.uk/company/OC309261/filing-history

Well, these lot !!!

Games being played big time here to keep a lid on the price so that the big boys can fill their boots !!!

https://shorttracker.co.uk/company/GB00BYWKC989/

For everyone apart from those whom have had their heads buried in the sand, the whole world and his dog knows that the UK economy is in a real dire state much like the rest of the world with just a few exceptions and any hopes of a recovery of any sorts whatsoever is years away, we're nowhere near the financial abyss yet !!

The American banks and hedge funds armed with their endless free QE Dollars courtesy of the FED, have financially raped the UK since the country left Europe and these institutions have shorted every UK asset since, thus rendering many peoples peoples pensions savings etc. in bits after years and years of hard work and prudent saving and financial management.

The government is well aware of this (Sunak used to work at Goldman Sachs after graduating at Harvard) and after the Autumn statement last year it was obvious that the UK purse strings are still being tightened further still with many household incomes being drawn into the higher tax bracket in the not too distant future.

So where does the UK government go now for money after exhausting nearly every option available and without printing more money courtesy of the BOE and thus increasing inflation further still ??

Well, as I have said on here many times in the last few weeks, property is the only sector whereby the government can tap into in order to generate large and meaningful tax revenues now.

I've mentioned the cladding issue on here before, subject to the correct paperwork owners can now sell and with Stamp duty holidays being used as an incentive before by the government and with affordability issues arising as a result of the cost of living crisis and high interest rates , the government could well pull a rabbit out of the hat come the budget next month for everyone owning homes or whom want to buy their first home.

As of today, Foxtons are perfectly positioned unlike the previous financial crisis of 2008-2012, when renting was seen as some sort of poor mans way of owning a house and sales were the most dominant part of an estate agency's business, the financial collapse soon put paid to that and at one point if I remember rightly after BC Partners bought Foxtons in 2007, they were some £300-£400m in debt no less !!!

Now roll on 2023, renting is being seem as the norm and we know Foxtons have already around 25-26,000 housing tenants on their books, some now entering 18-24 months tenancy contracts and with housing stock now increasing as people look to sell due to high interest rates (and set to head higher) and the overall effect of the cost of living crisis, the company is perfectly positioned to reap the rewards on both fronts.

With debt next to nothing on the company's books and being a cash generative company, Foxtons is probably in the best financial state in the company's history !

Even the Guardian has a well balanced view of the property market for a change :-

https://www.telegraph.co.uk/property/news/have-entered-property-i

Yes, a bit more research into Azvalor Asset Management and why the Spanish Investment firm have picked up more than 3% of Foxtons shares !

Yes, very weird trading pattern today, you just have to look at the chart for today and you will see the orchestrated drop and then the uplift shortly afterwards. Not sure what that was all about, maybe it was a case of 'me to you, you to me' trading between the MMs to give the impression of a busy market in the shares.

There were numerous trades of 12,240, 11,285 and 25,387 shares amongst others but definitely not a sign of an orderly market in Foxtons shares.

I mentioned on here a couple of weeks back about reduced institutional holdings citing poor performance of the stock but the lacklustre and 'controlled' market in Foxton shares is a result of the American Banks and US hedge funds sucking the life out of the market but at the same time stealthily picking up stock as and when institutions dump shares.

Its what I've been saying for the last few weeks, for example Platinum Investment management ltd held around 35m shares in Foxtons as per the annual accounts of 2021 but now only hold just over 500,000 shares.

Hosking Partners once held a similar amount but are now down to just over a 5m share holding and there are many institutions on this list that have exited stage right completely, its only Aberforth Partners whom have doubled their holding and now have a position of some 38m shares.

So, as I said before my hunch is that BC Partners may buy the company back, remember they floated Foxtons with a market valuation of around £650m- £700m back in 2014 if I remember rightly, so they will be massively in profit with Foxtons valued at just around £120m as of today without a bid premium to the shares.

With a massively reduced institutional shareholder base and goodness knows how much stock they already have in their satchels, don't worry about the 3%,5%,10% UK holding reporting rules, these are American banks and hedge funds we're talking about here and when it comes to UK rules and regulations our government and the FCA especially just look the other way.

And now have a look at this link and click on holdings, buying, selling etc. and you too will get a flavour of what the US banks and hedge funds are up to, I could be very wrong here but I'm going with my hunch here and picked up a few more shares this afternoon !!

https://www.morningstar.com/stocks/xlon/foxt/ownership

And that's a lot, some 2.5bn shares !!

Nothing to see here ! :)

https://www.londonstockexchange.com/stock/UKOG/uk-oil-gas-plc/company-page

Over 2bn shares traded by 10:00am, goodness knows what the scores on the doors will look like come 6.00pm after all the delayed trades !!

Chart looks mad, with nothing but blue skies ahead !

https://www.marketscreener.com/quote/stock/UK-OIL-GAS-PLC-15136795/charts/

7th June 2022.

Remember this from last Summer after years of rejections and appeals :-

Successful Loxley Planning Appeal Outcome :-

'UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that the Right Hon Stuart Andrew MP, Minister for Housing acting for the Secretary of State ("SoS") for Levelling Up, Housing and Communities has overturned Surrey County Council's ("SCC") refusal of planning consent for its wholly-owned Loxley conventional gas and hydrogen feedstock project. With both planning and environmental consents in hand the Loxley gas project can now, finally, proceed ahead.

SCC twice refused planning consent, going against the advice of its planning officers, forcing UKOG to undertake a lengthy and costly appeal process. In January of this year the SoS recovered the appeal from the Planning Inspectorate.

The Company has also consistently stated that it envisages Loxley to play its part in the government's Hydrogen Strategy via the supply of its gas as feedstock for reformation into clean burning hydrogen, an energy source with an 85% reduction in related carbon emissions versus natural gas.'

Okay, and now cast your mind back to recall who was the lead choir boy attempting to de-rail UKOG at every turn, yes the MP for Surrey County Council and who now just happens to be the UK Chancellor of Great Britain.............Jeremey Hunt !!!!

Brilliant !!!

Well, I have to say that the post from Mugpunter this morning is probably the best I've seen on here for a while, what a mad find that is !!!!

Market cap of UKOG as of last night was £14m and with those shorts closing on IG index a few days back, there was obviously something brewing and now we know !

Goodness knows how the majors will value the company now but one thing we can all be certain of with oil & energy about to have another leg up as Russia looks to increase its offensive and together with China and all the other major Oil producers/buyers ganging up against the USA, the UK needs more oil & gas from its own shores more than ever !!

For those that haven't seen Mugpunter's post this morning here it is again, its a mad read :-

https://www.ukogplc.com/ul/Loxley%20PEDL%20234%20CPR%20Release%20210223.pdf

So the leader of Iran is in China having talks. Well it doesn't take a genius to work out that Biden has got the right hump and with talks of Iran joining up with the rest of the BRICS and with those nations whose national currencies are pegged to the US Dollar now finally realising that the US banks have been massively shorting every currency pegged to the US Dollar and thus creating high inflation and weakened economies as a result, could now be the time for the mass dumping of the US Dollar ??

Well it looks like pay back time is near , excellent !!!!

https://www.kitco.com/news/2023-02-17/Half-the-world-to-dump-U-S-dollars-in-future-causing-tsunami-of-inflation-and-asset-price-collapse-paving-the-way-for-CBDCs-and-The-Great-Reset-Andy-Schectman.html

Yep, exactly that Stu and lets not delve too much into their 'length' problems !

:)

Nice one Bamps !

Love it !!

Of course, ever since the teflon American Banks got their grubby hands on the stock !!!

Looks like Mr Market is up to its games again, could we see some corporate action tomorrow ???

:))

Never heard of him, so I just took a look. My goodness me, that's five minutes of my life I'm never going to get back, he's obviously a buyer as well !!

John Cornford at Master Investor, should be more like John Cornford Master Bateman.

:)

Patience is my middle name, first got in 2016 at 0.2p, yes one fifth of a penny no less after GH heralded GGP as finding 'the largest gold find of the decade !!'.

At the time there were only a handful of posters on here , traded a few times with some nice profits but now just adding here and there.

Nice post there Adrian, makes perfect and logical sense.

Its just a waiting game now as it has been for us all for the last few years.

Buy the dips (if funds allow) !!

Ooops typo, should be :-

3773,4473 & 16754 = 25,000

And there's another two just printed, 14531 & 10469 = 25,000

Nice, keep 'em coming !

So yesterday we had all those reasonably large trades reported then cancelled, reported then cancelled etc. and today we're seeing the likes of 25,000 shares being split into various trades, 16754,473,3773 for example.

The MM's games have begun............which is always a good sign that something may be on the horizon.

Buy the dips !!!!