Member Info for Auson

pauldrayton,

If you look on the chart since 2005, there is quite a gap up to just over 300p ! Also gaps up to 200p and then 240- 250p area.
I am quite sure this will never be 540p again.

Also on a hugely risk-off day. Brent also down $5 over the week.

Something is brewing thats for sure !

Here we go up !

Daikihaku1,

Like the AQSE for example ?

Hi NigeCo,

Thanks for the link. The stock on loan we had here was 2.95% at the end of Feb down from 2.97% at end Jan. With Marshall Wallace reporting the half percent short on 1st March its tricky to say if that would have been included in the 2.95%. I struggle to believe they could have taken out and sold the position in one lump on the 1st so think its most likely they were building the position possibly from the 240 area down through 220 meaning a good portion of the half percent is in the 2.95% stock on loan.

Market-Dealer,

What was the size of your trade yesterday morning ?
No offence but to be honest I am a little disappointed that the loading up might have been you and not an Institution.

NigeCo,

Where did you find those numbers ?

Krakenoil,

Must just be because they are FTSE250 so more tracker funds hold them.
What must their Breakeven price per barrel be.. high $70s ?

Krakenoil,

It might be that oil is up on geopolitical tensions i.e Russia meaning its still risk off in oil equities.
On Enquest we have had a seller last couple of days selling blocks of 50k shares but also a strange AT bot buying 3000 shares in rapid succession. Last night there was a 1m share trade ? and today we have some 50k buys as well as the 50k sells and two large 500k and 400k share trades. If I were Citadel I might be mined to close short right about now, they have reduced on Harbour.

Come on Amjad there has to be some wiggle room for shareholder returns ..
From WPP's results this morning ' Adjusted net debt at 31 December 2022 £2.5 billion (2021: £0.9 billion) after investments and over £1.1 billion of cash returned to shareholders. Average adjusted net debt to EBITDA ratio of 1.46x, slightly below the 1.5-1.75 target range'
and
'Final dividend of 24.4 pence proposed, up 30.5%, for a proposed total dividend for 2022 of 39.4 pence, in line with our policy of approximately 40% of headline diluted EPS'
'Over £1.1 billion returned to shareholders in 2022 comprising £807 million of share buybacks completed and £365 million of dividends paid'
'WPP is entering 2023 with a compelling client offer, good momentum from new business wins, and a robust balance sheet.'
'Effective tax rate (measured as headline tax as a % of headline profit before tax) of around 27.0%'
'Average net debt/EBITDA within the range of 1.5x-1.75x'

January24,

I am no chartist but I did read a month or so ago on Zerohedge that Oil is in a descending wedge pattern, meaning strong breakout is next. Couple that with the largest managed money oil long to short ratio in over 5 years 6-1 I think.
On the Enquest front I noticed the large trades today and yesterday are all marked as sells which I believe is incorrect. Another example was the 500k share sell yesterday which was later matched with the 500k buy after hours.

ZippyFrood,

Any thoughts on the possibility the EPL could have been a strategy to put more pressure on Sturgeon ( if so it worked ). As we saw with Brexit and PPE/ test and trace you can't trust this lot, they are usually up to something.

spindok,

Agree, the government does not hold all the aces here. If for example we proposed to government we will hedge 100% of production at a little over breakeven unless we get some concessions, like EPL floor price, small producers exemption or say £200 million gross profit EPL threshold.

For context Friday was a bad day for oil across the board
Brent -2.51%
ENQ - 11.01%
HBR - 4.04%
TLW - 2.06%
BP -1.36%
SHELL-1.80 %
Occidental -2.8%

Onward and upward for a better week next week.

Mike Brewer should stick to selling second hand motors on the telly, making a £500 profit after Ed has done £2000 worth of work !

Lucky Barstewards loading up at this price, as usual bad day for the update with Brent down at $83.7 and the markets spooked by the Feds talk of a further 50bps hike and strong a PPI.. Timing the market, difficult if not impossible.

chilting,

What a bout the ageing a creaking power grid ?

Questforoil,

Kraken is heavy and above 0.5% making it sour, but its good stuff !

Seriously you guys need to chill. People of all ages get health problems, if you've ever sat in a cancer unit where people get chemo you will know that. Great opportunity for the shorters to get out. 210,000 shares just bought at 228.17p

Ever heard of a Legacy ?

MaryBr190,

I don't agree at all, if it were 2017/18 yes and although not having Martin at the helm would be a loss, he has already set up SFOR for growth, there are 9000 employees ! It doesn't need to be another WPP holding company which by the looks of it has got to big and conflicted ( as activist investors there want to break it up )
I notice WPP has managed to continue to function and grow as it did since he shall we say left.