The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Would be a nice thought upomega. Though PI's invested in North Sea will be last to find out, if SP going by last year anything to go by with market knowing WF tax was going to be introduced and all the while Sunak as chancellor denying any intentions. Banana State and now he's PM.
Bought in on the big discount and longer term performance. Icing on cake would be finding a way to list in America and valuation of PSH increased.
Added bit more today. Visit ocassionally and site use always seems quite busy and trustpilot reviews generallly very positive, seems to fit a lot of atractions into small area with good deals on rent, looks very cash generative, board incentivised via stake holdings to keep costs down, decent dividends and cash on hand helps with any possible risk with the company's expansion of operating model in Canada.
Holding some here and going to see how the shareprice is over next few days. Not unknown for market makers to push a share up or down before news.
Hi Barry5. General view of Richard Tice last night is that net zero will be a transfer of wealth to Countries such as China and ultmately pointless when comes to enviroment with it's burning of four billion tonnes of coal a year, much of it to meet consumer demand in West and little incentive to reduce that figure and whilst doing so well out it all. sorry off topic.
If terrible deal and gets aproval. Any chance board pulling it or would that be too much loss of face.
Off in a bit to see Richard Tice speak n Walsall. See what Reform views are on net zero and high taxes on energy, consumption and production.
Proposal to limit ISA's to £100,000 is by the left wing Resolution Trust. Looked at last stated accounts, income £2.6 million and by turnover with twenty six employees, average earnings come to £100.000 convenietly by year!!! . Abrdn and owner of Interative Investor has through a charity, Aberdeen Finacial Fairness, been a sponser of that think tank which has come up with idea's for latest tax raid, just a thought for anyone using that broker.
Voted no to Tailwind merger, holding small proportion of last year and in chance of being rejected.
Same jeffrey1979. This will cerainly be a first for a publically listed North Sea oil company, an attempt at reverse taken over and into a private equity company to avoid windfall taxes. Can't see HMG looking at it favourably at all. Own opinion.
Considering the overall ramping/deramping that goes on in these boards, MSM to a degree as well. Take a very dumb judge to feel sorry for you asimpleinvestor for feeling done hard by here. Used Interactive Investor to vote for Resolution yesterday, holding about 120,000 shares.
Have a very small fraction of what the Hardy's have and very annoyed that this deal, with the huge dilution for ageing assets in North sea of all places is what was the Board was probably working on when recommended to reject the Kistos offer. if i was them would be livid.
Don't let the @asterds get you down senseman. Best wishes for 2023.
Agree with you Fool-on- The. Massive dilution for tax losses which with a General Election say May 2024 and seventeen months away, Rachel Reeves possibly Chancellor would be howling at this slick financial engineering and even more if energy bills still high.
Very bizarre deal to do when at a relatively high for oil and gas prices andt he doubling down on North Sea. Finacial Times in recent article did point out PE looking for exit, bet Mercuria cant beleive their luck. Voting NO.