Member Info for Banburyboy

How much of HBr production is gas ?
Oil down to $94 but
Gas £3.87 a therm 58 therms in a BoOE. That's £224 or $272.
Gas now worth three time oil for barrel of oil equivalent.

Correct 3.22 to sell 3.29 to buy !!

Negotiated trade to buy now. Normally means it's going up

Yes 3.155 to sell 3.20 to buy. Spread closing certainly getting interesting

Zamora.

Im fascinated by human nature and behaviour.
I've followed posting over the last few months and Helpful is unique compared to any other poster on the many boards I frequent.
Conjecture but he seems to know a lot and be very close to the company. My view is an element of getting a company insider to improve the PR of the company. Legal if done right which I'm sure it is but transparent in how it looks to other posters.
Could be wrong but never seen anyone as immersed as Helpful. He seems to have a nailed on view on everything the company does and info to support.
Elephant oil has been rumbling since Adam was a boy. Just like Congo I suspect that was once imminent.

3.08 to sell 3.18 to buy.
Got in at 2.34 a few months back essentially a gamble but with a high ish chance of sucess.
Fingers crossedv

CSD I think we have reached a similer conclusion but through a different calculation.
I need to look more closely at what strictly said as it makes sense but happy with PSN.
I also like PSN as they operate at the bottom end of the market which should be slightly insulated in my opinion.
Drop today on Natiowide House index is barking. They are still up 10%.

Thanks Stricktly.
I did a five year comparison Bellway and PSN based on the charts here.
August 2017 Belway were £32 a share so a 10k investment got you 312 share. PSN were £25.16 so we have 397 shares.

PSNs divvy per share from 2018 was £9.40.. Bellways was £5.904.
Based on current prices the investment is
PSN 397 shares at £18.40 = £7,304 plus (£9.40 at 397) =£3732. Total value = £11,036.
Bellway is 312 shares at £23.33 = £7,279 plus (312 at £5.904) = £1842. Total £9,121.
Despite paying mind blowing dividends PSN seems to be holding its value against others that have retained earnings.

Some interesting posts today.
Strictly bricks- appreciate your post.
In relation to PSN paying everything as dividend at the expense of organic growth - completely get your point.
Two questions re Redrow and your 5.8 differential 2013 and 3.3 2019.
Is Redrow an outlier ? Are the other builders in the middle. ?
I get the logic but to make a true comparison you would have to offset the greater return through Divis 2013 -2019 against the loss of future earnings from not investing organically. I'm sure you will tell me the same answer but interested.
Thanks

Upomega - pretty fickle it was a lth for you three days ago.
This is nailed on long term. Just lock it away and buy if you are able in the dips

Total voting rights 898.278m.
Down from 925.533 in June before buybacks.
I make that 3% less share capital. Every little helps .

Specinvestor - most on here get Kimis point.
Bell is an opportunist and would present a t**d as a golden apple. The fact he has ignored this most valuable asset for so long rather than screaming from the hills about its value is highly suspicious and not Bellesque at all.
Kimis point is around the nature and character of the CEO. Agree that's not absolute fact and opinion but Bell has a long form line which timeform would describe him as "poor and ungenuine platter" It would read F.F.PU.F.F.Rfused.F.F.F.F. Not to say he won't win or be placed this time but a long shot based on a long record. To be fair I'm sure Andrew and his immediate family are doing well but that's not relevant to RRR and its form book.
I genuinely hope it does come good for you all and I will be the first on here to say we'll done.

Based on Friday close Deecra Pharmaceutical is 100 at £3.993bn. So circa £4.50 to be in the mix - fair old way yet

CSD
Our strategy is identical.
Guidance for 2022 is a small profit increase so think dividend paid in 2023 is safe £2.25.
Longer term dividends will track profits. I think a hit of up to 25% is factored in so future div say £1.70.
I don't think it will happen but if it does 8.5% return isn't a bad place to be.
My main holding by far and important to my retirement plan.

Who would support the motion Jeff moves on ? He's harmless but a little stale
A lad called Roxbury House tested on the 'likes" how many people read the board and got 38 likes on Saga board. I have a feeling the motion on Jeff would crack that.
Let's see

Jeff you are quiet arrogant. If you cut the your smarter than any of us plebs drivel and posted on the company and nothing else this would be a better board. Said in hope rather than expectation :)

Jeff you need to get out more and maybe a regular sleep pattern.
As one of the majority "mush brains" I think you are well read and probably quite smart but have a wiring problem up top.
Anyone who things mainstream media in the West is as a quantum (not individual outlets) is not broadly balanced and independent is simply wrong. A short spell in Russia that booming economy you tell us about would prove the point.
Hope HBR does well today - Banbury "mush brain"

Jeff just to bring a bit of balance. Your research suggests the only economy that is outperforming at the moment is Russia !! Russia is hugely underperfiorming all of the world bar Sri Lanka.
- no official figures published as too scary.
84% of gas exported to Europe. 43% of European gas use is sourced in Russia . Only one winner there.
- huge withdrawal of western and Japanese companies creating chaos to supply chains.
- China shifting from sat on fence to non participation with Russia. No investment in bricges and roads in Russia as they fear collateral sanctions being triggered
- Russia buying drones from Iran !! They are quite effective but it says everything about the Russian military supply chain
-Labrov touring Africa to win new friends.
Sorry but the evidence does not support Russia over performing.but rather how effective sanctions are.

Thanks for clarification on calculation. I take the point on day ahead price but spot has increased £3.17 when I posted last night to £3.75.
I would think spot ant next day move in tandem.
Even at 65% tax mega profits on this.
I assume we are trying to lock in production at these higher prices ?

Hi
I understand 85% of SQZ production is gas.
That's circa 24k barrels of oil equivalent.
Price now per therm is 317 pence
58 therm in barrel = £184
At prevailing exchange rate $ 221 per barrel !!!

I know we are hedged etc but is the calculation correct ? Is a gas barrel worth twice an oil one ?
Seems to good to be true.
Am I right or could someone correct me
Thanks