The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
sellers shorters at this level are in dodgy territory
the rns was as expected, maybe a little better
brent rose, most other oillies rose
so in my book this should, after hitting 96p in the morning gone onto break 100p+
thats 15p off the pace!
thats crazy in anyones book
RSI for brent and PMO are on the floor
sellers are exhausted
the spring back in price should be fairly spectacular
Tullow is up on the day LOL
Update here was great
im adding more just now
GL
if you bought here in the last 12 months you have already been taken out
HOLD and ADD
price is nonsense, company in best shape for many years
way below where it should be at even $50 a barrel with the amount of solid production at such low cost of production
you get the feeling theres a daylight robbery going on
bottom in?
insane
one thing for sure the ftse is held back by at least 2000-3000 points
and another thing for sure is we wont be bound by Brussels contracts
Get us ot of Europe as we know it
Ivory towers of EU have destroyed the Med countries
Go to Cyprus and Greece and see for yourself
What protection did EU give to Greece, Cyprus and the likes?
None!
Cyprus is effectively owned by Russia now!
EU?
Puh, load of nonsense
Lets have our country back so we can control our own affairs
Rant over
imo all priced in above this price
Tullow has 4 Times the mcap now!
£500m has now been chopped off here!
The SP is lower than when oil price and production were A LOT lower and a debt deal loomed and Catcher wasnt even in full production!
Crackers
Expect a reversal in price soon
high is 96p
wheres the 8p drop come from?
false drop if you ask me
91.5p close
could be sharp rise over next few days
$70-$75 is where its going
Premier has reduced debt
More than doubled production
Brent is more than Twice the price
Debt now on target to be reduced much further as production numbers rise further
Exciting new prospects galore
Assets sold that dont offer the same potential
Concentration on the North Sea production
Catcher on time and significantly under budget
The list is endless!!!
Yet the SP is under what it got to at a time when oil was much lower pricing, production lower and much work to be done on reworking debt??
Bonkers!
Im in
Good Luck
This should never have got to 100p, never mind fall below it, should be nearer 150-200p
ps just look at Tullows mcap and their figures!
The market has priced brexit in ages ago
FTSE would otherwise be much higher today
If you go back pre brexit, i used a formula re dow/ftse that was roughly....
dow = ftse x 2 +800
if you did that now the dow should be roughly 15,000
its 10,000 points above that!!!
So IMO the ftse will fly up once a deal is done
just my opinion
lots of dosh to be made on those calling it right
Wrong again
Brent is heading north
Bottom in
$67, then $70
a premium to a beaten up share price while they were negotiating
Newmont know how much the gold will be worth in the ground
A snip at what they paid
They wouldnt do such a great deal if they thought anything other than big monster gold mine