Member Info for BaysilHope

UK 10YR yield now 3.6% down from a high of 4.6% 12th Oct, the Truss mini budget left UK market wide open to short - got it, real need for insurance hedge. Whilst there was no government leadership - Bond vigilantes smashing the financial structure of the UK and Sterling, HBR faced huge pressure. The Tories have now put a political girder under that instability and UK Govt finances should fair up well (although strained) This market backdrop should remove the requirement for short covering post the budget publication 31st Oct.
Previously there was a real risk of a General Election and a substantive move possible for WT and other fiscal unknowns. I've just recalled my excel forecast for Q3 and it reminds me of how well we are placed in FCF. Ithica IPO will be another positive, they can't float the SP based on HBR PE ratio, won't work. HBR has survived a huge distressing disruption in UK financial and political upheaval, - held up reasonably well. Bodes well for the next month IMO DYOR. I am far more optimistic now than when the very real threat of a GE loomed large. GLA

TheTexan, now that's a post, factual, new news and relevant. Thank you. I thought the fear of a General election has now lifted and eliminated a huge downside risk for the markets - so far no lift. The revised budget on the 31st Oct should have a limited impact on O&G IMO DYOR. Thanks Texan for spotting this and it is another positive going forward. GLA

Must be gutted, No Pm, FTSE down 60points, bull about buybacks, bull about world order, bull about HBR hits £2.50. FFS

I think usse guys have a problem - gets riskier every day closer to TU. I was looking to buy today at £3.50 and you fecked it.

I'll be glad when that shower of Merde are all gone and normal investors return, not paid de-rampers. have a good weekend.

All that made up Bull posts and the SP rises above Wed close, support today given all the turmoil. This will explode pre TU.. Times running out on shorts, 5 more trading days and they are fecked. Great.

If China properly vaccinates its population - $150 - Quote' Check out China healthcare sector....
Officially, China is sticking to its highly unpopular zero-Covid policy, which has contributed to pushing China’s consumer sentiment index to its lowest level in history and the slowest economic growth in over 30 years. Yet Chinese investors appear to anticipate a major coming shift in policy.
In the past week, the healthcare sector of the CSI 300 Index jumped by 11.6%, with leading biotech companies up by 15% to 20%. The biotech rally suggests that investors expect a national shift to the Covid policy used successfully in Hong Kong, the only Chinese city that employed Western mRNA vaccines on a large scale.
Although mRNA shots do not stop infection by the newest Omicron variants of Covid-19, they appear to reduce the severity of illness and the death rate. China’s homemade Sinovac shot, a traditional not mRNA vaccine, has proven largely ineffective against Omicron.
Meanwhile, the Chinese government is assembling a team of European scientists to advise it on vaccine policy. Introducing a mRNA shot on the mainland would signal an alternative to the mass lockdowns of the zero-Covid policy.
In related news, Indonesia approved an mRNA vaccine developed by the Chinese firm Walvax, the first-ever certification of a Chinese-made mRNA vaccine, on September 30.

No wonder Biden is releasing more Oil. The risks of being short will multiple expo.

Thanks laidback for breaking the endless drivel. Look Linda Cook's husband won't let this go below £3.50. Since july 6th, a great deal of off-loading has happened with EIG needing funds for other projects. The contingent liability of WT and further massive outflows curtailed. Basic Corp tax rise is a negative but can be managed through capex planning. Don't forget we are carrying7% less shares and further reductions planned with ultra-low SP. We have to suffer this krap until we bottom next week and as you said recover. GLA - peeps can we lessen the drivel, It tends to kick in when the SP falls -20% and below £4 a share. Manic bot posting FFS.

Pleebs - on your guidance I will add huge sub £3.70- got the funds waiting. All the downside baked in. GLA

I agree - MM's are waxing the threat of WT , as all shorters do, nice to see a huge array of new hammerhead posters here when the SP falls 10%, thereby tells the story. Quote
Meanwhile Hunt is likely to extend the government’s windfall tax on oil and gas producers beyond its “sunset clause” in 2025, helping to close the fiscal hole in the next parliament, according to people briefed on his thinking. The current levy is scheduled to raise at least £28bn over three years before it ends in December 2025. Extending it by two years could raise more than £10bn for the Treasury, but much depends on future energy prices.

The increase in Corp Tax next year does £18bn, Energy & Banks should face a NEW WT - ours extended past 2025. By then 40% of our income will be overseas fingers crossed. Cash is king and cash is now - waiting to add around £3.50. GLA

Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown
• Netflix beat third-quarter expectations on the top and bottom lines Tuesday.
• The company said it added 2.41 million net subscribers during the quarter, higher than the 1 million it had forecast.
Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago.
“We’re still not growing as fast as we’d like,” Spencer Neumann, Netflix’s chief financial officer, said during the company’s earnings call. “We are building momentum, we are pleased with our progress, but we know we still have a lot more work to do.”

Hopefully Yes, so I can top up double up. Knowing my luck - Like Man city today - SP will hit £4.30 and stay there, when I want a drop. Man U Nil fecking Nil. Had a krap day, too much salt in the Noodle lettuce pork, split a glass of red - cooking FFS. Nothing on TV, Mrs got a cold. I've put the razors up the garage and avoiding a hot bath. HNY

I knew this when I saw the Dog sxxt on the front lawn.

Yep Smartie Rookie's shorts!

Smartie, agree I thought yesterday afternoon I had taken Crystal Meths, totally lurchbismal volatile performance. It didn't add up, the exaggerated size of the moves and what's changed? This govt is in a mess and it will bite soon. I personally don't like it, it makes me very nervous. Roll on the TU. GLA

Smartie06 Bank shares Yes, Rookie, it you've made cash no argument well done. Quote US stocks took a tumble in early trading before recovering as the figures boosted the odds of the Federal Reserve taking more aggressive action to tame inflation. However, the S&P 500 then went on to wipe out a 2.4pc loss and end the day 2.6pc higher, leaving traders and analysts scratching their heads.

The market has never before registered such extreme readings in both directions in one day, according to Bloomberg.
These are very unusual times, as such caution prevails, I will buy HBR in the 3's GLA Today ftse 100 +100 yet BOE Gilt buying ends today. UK & US full of.....

Hi Rookie, have you checked your posts, Sweetheart, I'm bipolar but feck me you must be with Angels. My crutch is Abbot Ale, son you need a tad of something stronger -All In - All Out - World Conspirs, Jeff's about, then FCF all OK.
.I'm fecking giddy HNY- Luz your posts- just keep a check son of where you are. Can be a hard habit to break - Trading blind.

Thats prob why the bigger boys have stayed away. As if she'd .... ?? BOE & U turns still have to face inflation. How can you invest in this turmoil FFS. HBR better off M&A overseas as I said - they have all of a sudden become cheap. What a pot of U....rine

I don't know why, I had a gut feeling US CPI report would be bad, so when UK announced U turn all SP's up- I was like a trap door spider and hit a few others short, fing risky but gut driven. Quick in and out back to HBR, wait for it so settle. Honestly, that report is bad, listened to the core numbers, means FED's work tougher - not good for US & UK yields, more pressure down the line. Looks like peak inflation is a tad off.

First Strike123 agree - down UK understand, pause for breath, attack UK tmz as deadline looms and the bickering intensifies. Never seen such disarray since Sept 1992. The world, especially Putin wetting himself as we get relegated down the divisions. The bickering must stop and co-ordinated front delivered. UK is playing straight into the market manipulators hands. We need a bigger boat and engine. IMO this will crater tmz and your Merrill Lynch's of this world go for gold.

Heart braking in the middle of a crisis, she - Liz is trying to be Thatcher- Lady not for turning, she's not able to polish her shoes FFS. A wealth of ineptitude - we miss Mark Carney, would have saw this May 2014.

A possible counter to BOE & UK Govt plight US Q3 Earnings season started with Pepsi beating expectations. Tech such as Apple probably will disappoint but US economy is still running well and could provide a respite. US banks kick off Friday. GLA Oilers month end Exxon 28th Oct.

atrm2 - I think you need to turn the humour blocker off, that post is aimed at Rookie and the boys who know DBNO for years. It's a pxss take, forgot to mention - we had a brokers upgrade today - thrown in for free?! Hard to call a bottom as always - got back in too early today, will execute more patience this week. GLA

Brent $93, HBR flying, SP down 20% in a month despite OPEC and BP OK, its DBNO backed by SK working and advising Taconic. Definitely sub £3.50. I've tapped the Mrs on this one, very rarely do we get a second chance in the sub £3.80's with under 3 weeks TU. Can't wait.

If shares went up and down in a straight line, we'd all be fit, healthy, low golf handicap, clean garden and car, stress free martial or partner relationship. Only thing missing, we'd be poorer financially for it. The only way for me to make this share work is to tap into my bipolar disorder and syncronise it with the SP.

Thank you Tactonic. Brace yourself for the rest of the week, loaded up baby. GLA.