Member Info for barnyards

highlander, they could also re-issue any shares not cancelled and held in the treasury at a later date to raise more capital which they will undoubtedly need at some point whether its to increase production as has been promised for years or to pay off the 100 million loan but without clear guidance and their obvious reluctance to cancel the buy backs straight away (as other companies do) then I do favour your thinking at the present time in that its to feather the nest of the BOD via the LTIP awards. (perhaps not all of them at once but there's certainly enough to go around for quite a few years yet)

oh and BTW surrey seeking shareholder approval at an AGM on a resolution to have the option to buy back up to 10% of the shares in issue is standard run of the mill administrative stuff and absolutely no guarantee that they will use it.

it is there IF they need it without having to call another meeting to seek shareholder approval should they decide to go ahead with it so stop trying to say otherwise.

300p STRONG BUY

you got that one right eh :-)

I spotted a very apt quote on twitter earlier this week

'amateur lock down day traders of today will be our long term investors of tomorrow'

or words to that affect ...

you best get your tin hat dusted down and to the ready rooky

the overnight signs are it could be another one of your absolute p*ss take of a downwards day :-)

'hopefully we can move to some sensible levels soon'

what's the rush ... relax come back this time next year and it could be an easy 4 bag £20... :-)

yes 1328p is correct UT

twas a rushed copy paste error from yesterday (probably me being excited being a quid a share up on my early morning top ups) but hey lets not grumble about being just the 4p down on the day :-)

after all there is no rush ...

1332 UT

what was all the fuss about ... :-)

its a sea of red (4 v 1) with NT to sell today now that the company ticker is no longer trending on social media at quite the same levels of intensity as it was yesterday, over the weekend and indeed most of last week when it was back in the 5's which would suggest to me that those avid double digit promoters were satisfied with their 20-40% range of profits taken yesterday in the 6's and 7's and have already moved on to their next choreographed red hot penny stock pick

its good on ere innit :-)

nope not for me ... I like to be in control of my own destiny ... aka at the time and the price that I choose to sell ... shuush :-)

nothing ever goes up (or down) in a straight line so a bit of a pull back is indeed healthy

currently 1300p to buy and 1287p to sell (from a mornings low of 1190p) so not sure what all the fuss is about myself

anyway no rush :-)

no gaps, no spikes, no suspension ... simples

yes lots of uncertainty in the market place as some experts think the recent sharp recovery will be short lived (DOW last night as example) especially when some of the leading economies start reporting on their latest GDP and Employment numbers etc, etc, etc, but if you are happy to sit and wait for a year until people are freely on the move and the hardest hit lock down businesses and industries are up and running again there are (IMO) still some large blue chip bargains to be had out there.

but that dip was an early morning gift :-)

after all no rush

1332 UT which is +42p from Friday's close

slow and steady and consolidating nicely as she goes

no rush :-)

'profit taking'

'300p STRONG BUY'

me thinks you've a bit of a ways to go yet ... unless ...?

nah surely not our ever present, ever positive buy and hold for the 110k bopd gold exiled fanatic ... :-)

strange (bigger picture) times indeed and I'm sure you will get there in the end fecm but for me there are a few key market announcements due this week which will influence (and could negatively impact) the wider market so I made a conscious decision over the weekend to pare back my exposure in all but one share this morning.

UK:
Important figures around gross domestic product (GDP), industrial and manufacturing production for April, as well as trade balance for April, are expected 12 June.

EUROPE:
GDP and Germany trade balance: Europe’s Q1 GDP figures are expected 9 June while Germany’s trade balance data for April is set to come out 8 June. This will give investors further information on the impact of lockdown across the region.

US:
Federal Open Market Committee (FOMC) meeting: A key event of the week ahead will be the latest FOMC meeting with updated US economic projections, meant to take place 10 June.
Markets will be looking closely for any change in the Fed's stance alongside its updated economic projections, which will set out the expected depth of recession and speed of recovery, IHS Markit said.
Labour Market: The JOLTS labour market survey is due out 9 June. Those will be followed on June 11 by weekly initial jobless claims data. Last week, claims hit 1.9 million.
CPI: Data that sheds light on inflation in May will be published 9 June.

as I said its best never to get too greedy as unsettled markets can have a nasty habit of hitting you hard in the pocket when you perhaps least expect it.

and with the news just in of BP announcing 10,000 jobs are to be axed its sometimes all to easy to get carried away and complacent in a rising / recovering market thinking that there will be plenty more pounds and pennies still to come.

GL

well even if it was given TLW was trading around 22p on 6th April (when you made your price prediction) and is currently sitting around 39p (not a million miles away from doubling) I'd say you're still looking like a chump and not the sharpest tool in the box :-)

anyway TLW has its own unique discussion board and as this board is for discussing RRE why not go eat some of your humble mumbo jumbo pie over there

filtered :-)

chump ... ?

Thefuturetruth
Posted in: RRE
Posts: 79
Price: 790.00
06 Apr 2020 15:01
Those claiming this will go up by 100% are simply trying to suck in unwitting pi's. At best the sp may go to 30p if the oil price settles around $35-45$ after the deal but will drop to today’s level once the short term traders sell on news. I suspect many will sellout before the deal takes place to derisk. This is one of the better stocks in the sector to be placed for the downturn but it can’t be stressed there is very little meat on the bone here.

30p huh (insert giant face palm emoji)

nice and steady as she goes cap'n :-)

these heavy weight / fund activist boardroom coo's ...

yes I do think its a good thing Trice has gone from the leadership role as its wasn't really his forte but he could have or should have stepped down from this role much earlier and prevented all this

I think there is more to this than perhaps meets the initial eye (first Stobie now Trice) so will just have to wait and see as to what happens next as far as increasing production and shareholder value is concerned whether that be via another fresh well or an existing well intervention or farm down or some other means but clearly some are worried that on Trice's path the repayment (in cash rather than equity) of the convertible bonds in 2022 was or is of concern.

it somewhat reminds me of Xcite Energy when they pushed Smith out and pretty sure a lot of investors that are in here knew what happened next ...

fingers crossed it doesn't come down to that

GL

10.8p to sell now fecm so either summits brewing or its just a pre covid / poo / pmo correlated correction

anyway I took some off the table this morning as 80% profit for a few short weeks is just too good to refuse

left some in for OM award but it never pays to be greedy and in these uncertain markets its better to keep your money moving around and working

GL

''you need to take with a pinch of salt what people on these boards tell you, they'll all say they are buying, when in fact they just want the share price up as as they are selling!''

hmm wonder who's been constantly topping up or buying ... ?

''world is full of mistruths, one day I'm going to write a book on my 20 odd years in the markets, you learn a lot in that time, 10 years ago, I would not have even shared this info.''

hmm wonder whats changed to share that info now and who might that lead character be ... ?

you never know it might become a best seller if it were an autobiography and entitled ...

'do as I say and not as I secretly do' ... :-)

well I told ya the big boys would like it :-)

weathers been sh*t but I've still enjoyed a CAPS LOCK and ECHO chamber free day

see y'all again bright and early Monday for a wee jolly back into the 40's

TTFN

consolidating nicely and steady as she goes

you can poke your gaps and suspensions up your jacksy - after all there is no rush :-)