The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Surely VAL needs cash urgently. It needs a relatively large amount of cash. Where is this going to come from ???
And that being the case then how the ruddy hell is the SP expected to be stable at these levels ? Can they raise millions without any effect on the SP .
Tell me how please ?
The first question I want answered is - Do 210 and 401 work ???
AND is there a market for them ? Or are there other compounds in the market now that make 201 and 401 obselete .
Will any suitibly qualified Dicectors wish to work for VAL ?
Hi Pelle,
Yes i am with the Swedish guys.
I Would prefer to be with the Swedish girls though, however Mrs Jan has always threatened to "chop it off" if I strayed. This has been successful is stopping any of my "wandering thoughts" over the years.
Who would have thought that the "Therapist" was a thief ! A hotel towel stealer ! And I thought he had "healing hands". I got that wrong then . As it turned out to be he has "stealing hands". Oh well life has gone crazy when you can't trust your Therapist.
Joe 90 was great , but Enquest 60 will be better !
Ammu - If I said to you 1 year ago the price of Wti oil will hit $18 in a year , you would have said -
"Nah I bet misses Jan been mixing some stuff in your coffee.
86 dollar now lol....
I need some of that stuff Jan!!"
Do you get my drift young fellow ?
All the best
JANUARY
Ammu
You young wiper snapper. With a poor memory.
Brent hit $86 , was it just 18 months ago . POO will and always does surprise us, both to the upside and the down.
Yes $86 is possible again as is any amount.
The glut could go as fast as it came, if the tables are reversed. With age and life experience, nothi g surprises me any more !
Indeed Ammu , I would not be surprised to find out that you are just a talking parrot !
Good to hear from you, at last !
You should have posted before now, I enjoy hearing views from long term holders.
Anyway, your party venue suggestion sounds great. I was hoping back in 2015 that we would have had the party by now. Alas we still await the happy day ! I guess one positive is that there could be more party goers as time has gone by.
We need to get to 1b market cap = 60p SP. Looking like 2021 at the earliest. Hopefully 2022 at the latest.
All the best
Good to hear from you.
JAN
Squid,
I agree. Trump is not a do nothing man. Even if what he does is the wrong choice !
I am waiting to see what his response will be.
He has withheld funds to WHO because he did not agree with their actions. This is just as important to him !
Cheers, E121
The point still stands though. Trump can't be happy even at $25 . He has to do something else !
He is a business man so I would expect him to accept some businesses going under. "Costs way to high, best they go" tac. But he will want to ensure 90% of them survive.
He has got to act ? and I think he will.
He Is aware that this is a game with S.A. and Russia trying to destroy US Shale. He can see through the smokd and mirrors of SA and Russia. Yes he will act in the coming days. But what ?
I think your comments demonstrate that you are the idiot.
You either don't know the placing price or you don't know the current share price. Which is it ?
Scooby Do you always loose money on your investments ?
Maybe Best if you let fund managers make the investment decisions eh ?
ALL THE best
VAL xxx
BFAITh- I think you mean "Demand" is down 75%,
if supply was down 75% we would have $100+ POO.
Of course demand is down , we can see that - but it must climb and it is, even today !
Spain and Italy relaxed some of their "lockdown". That small element alone will add barells to the world's daily consumption. As days and weeks tick bye the number of barells the world consumes will be rising . NO I don't see the world's demand for oil going back to 100mbpd anytime soon - maybe in 2021. However IF it did we could NOT supply 100m bpd for any length of time.
Indeed my thoughts are when the world wants 100m bpd sometime next year, we (the world) will not be able to supply it ! - Without US shale at 12-13mbpd you can't have 100mbpd. That's why we will see $100 oil at least ONE more time before the world is done with oil !
So Gkb47,
Too quote your own words " you are basing your decisions on the facts and best forecasts and what they are telling you is Supply will exceed Demand for some time etc etc "
So based on this - your decision must have been to sell up then ? because that is the only take out from what you said !
However you already posted that you did not sell out !!!
- So you either lied and you do NOT base your decisions on what you say above and you just posted bull ! or you DID sell out and you lied.
Seems you a liar GKB47 - I call you out !
I can't see it any other way - the facts don't stack up to anything else !
or supply falls below demand - chilting. (for whatever reason)
Sadly None of us know what's coming next in life , let alone the oil market !
We guess, estimate or forecast !
But lets not try and depress others, just because we are ! many are underwater here at present gkb47, you are not alone !
Gkb47 ,
I sense Your a bit "tetchy".
Anyway an estimate is not a fact and therefore is a guess ! Estimate, guess, forecast - basically the ruddy same = Not factual though, all of em !
As for me "taking it up with Sp Global" - Maybe YOU should have done that before you took "ownership" of the numbers and started "touting" them on this board.
You have certainly changed your tune on this board over a number of weeks, which is fine we all have the right to change our minds/views.
However What I object too , is you trying to "ram "your own negativity down my and others throats. You seem to be on a mission to convert everyone to your way of thinking ! - this is why you are pishing people off !
Spain and Italy are starting to unwind their lockdowns from today.
Some Shops in Italy are opening that were shut and some non essential workers in Spain are going back to work. Small steps but a move back torwards normality non the less .
Also the figures quoted on demand destruction of 25m-30m is a guess and not actual fact. We won't know the true figures for a while yet. Whatever the figure is , it looks to me that it will be slowly shrinking from now on. Due to the Economies of the world slowly grinding back to work. Trump is itching to move back forwards normality.