George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
So much downward pressure on this until Dec 20th I am struggling to see the bottom .
90 gone . Oh dear I don’t think anyone can expect to see any positive news in the next update it is just a question of what has debt increased to and what are the future earnings . Need to start the renewables and kick on with Hitachi and let’s hope the new CEO can get us a whopper contract or two.
No sizeable contracts in months . Promises undelivered and ultimately cost Sami his job . I genuinely believe we are better footed with the new CEO and his connections will be invaluable. Question is where will we end up before the first big contract drops. The new guy would not have joined if he did not believe.
Under 10 now surely must be more than a broker report ? Any ideas
Slow rise back to 800 p . Positive broker updates all round after the last update . Positive news and slowly but surely we are heading back above 800 p.
Really surprised with the pull back this afternoon I was thinking we would kick on . I think the dollar is playing it’s part .” The pound is strengthening against the dollar as the US currency weakens after the US producer price index figures suggested the Federal Reserve could now be more cautious about interest rate rises.” Solid update today
I agree I thought this would have initially kicked on more . I fully believe there is more to come and back above 800 p in the coming days. Broker upgrades must follow that update . All very positive
Great results and the boost from the strong dollar makes a massive difference . 28 billion in awards so far this year . Cracking stuff and perfect timing to announce the new frigate deal .
Hi Clued I added again this morning , dollar firming and I hope we all get the positive results we are hoping for tomorrow. Recent broker hikes give me confidence that the 10 % plus drop last week was way over cooked .
100 % the times have more knowledge and info than any of us will ever have however the key is expected not confirmed 35 % rise. I am optimistic and hopeful the Gov stick at 30 % . That is the best we can hope for . Wait and see folks
We will have to wait and see but obviously this is a kick in the nuts . Surely there must still be a massive tax break allowance for investment . Thoughts on opening bell Monday ??
Defence stocks all hurting but more than most BAE . Money flying out but for me short lived . Lots of positives to look forward to on Tuesday I am very optimistic. Way over cooked drop pre results
Unless there is something horrific that we do not already know in next weeks statement then this is on the up . At this current price a 30 % tax rate and 2028 End date are well and truly priced in . Yesterday was a big win for POO. Onwards and upwards
Time to turn for me. Brent looking solid now.
Key inflation data today which will be the next POO catalyst near term but Dec 5 is not far away and that is the main one holding POO high. Is this the low before the fiscal statement or have we further to fall ? . Personally I think we are near the low and everything reported in the press has been already priced in . Only one week ago since Harbour Energy said production increased 27% year-on-year to 207,000 barrels of oil equivalent per day.
I agree and outside the UK geographic , cryptic clue in last update.
Pretty savage down grade from JP Morgan .
10% down in a week with FTSE motoring higher , bounce back above 900 p must be due .
Firstly wish CEO well . Way overdone drop on excellent results . Was not that long ago the times were reporting a 15 buck a share take over . At this price we must be a target .
Last update the Yankee market pushed it much higher , I will be interested to see what happens today. I fully agree near term 270 p plus then 300 p . Very upbeat update.