Member Info for Beerbull

Ok the sp may wilt on Monday, but IMO our HKong friends couldn’t have signalled more clearly that they are In one mega mess. Anyone who knows pmo must be smiling at amrc raising of the white flag. They are toast, maybe not next week, but the heat must be burning their toes.

True hunter, if the fundamentals are strong as most believe, financing will be sorted. May 2021 refinance is no secret, but a ARCM are clearly desperate. Why else would this article have been published, it reflects their weakness.

IMO the only reason for this article is to undermine the sp, simple. First we had the reveal, now part 2,. Wouldn’t be surprised if their are paid shorters on these boards, if I was in arcms position I’d be doing all I could to create instability.

& so the PR storm begins, Telegraph article re lenders pushing for PMO to be broken up... it’s starting to get nasty.....

Agree oiluser filtered

Betrayed are you members illegitimate son.? You sound awful like him. God help you, as you know the cards aren’t always dealt fairly.

I don’t think anyone, including Boris, expected this result. I’m sure our friends in HKong wanted a totally different result. What a pity their short is getting shredded & that’s before Trumps trade deal is finalised. Happy days.

In the wrong hands genghis a little knowledge can be dangerous.

Without exaggeration a wall of money has been sat on the sidelines, a rising tide will lift all ships. IMO shorts have had their time, longs back in control.

TORY majority, Trade deal, the big short are fooked..

Pelle, I know this bit of a generalisation, but all the oilies big & small are in the doghouse. It’s not just an ENQ specific issue. I’m sure the wheel will turn & in any case I’m looking forward to the 60p party you promised.

Exactly Jar, these guys aren’t happy to make a gain on their bonds & take the coupon. Greedy beyond avarice, I hope they choke on their short.

Boris has issues, that’s for sure & many institutions are a mess, but one point I will make, because of personal experience & it’s the NHS, it seems only the negatives are every reported, yes there are queues etc, but my family’s experience has been nothing but brilliant. Not sure it’s so good in Venezuela... jezzas model. This is a PMO board so that’s my final word.

Can anyone calculate with some degree of accuracy the impact of closing a 17% short will have on the sp ?

Laidback, I think we are seeing higher lows, a few weeks ago with a build like we just saw would have seen Brent back under usd60. 63.5 looks like the new support. 64-69 could be the new band. Just hope the Marxists don’t get the keys to No10. Scary.

That’s my thinking Bladesman, other shorts are closing/reducing assuming PMO continue along their current strategy imo refinancing conditions should be favourable in 2021. On this basis ARCM will need to close their position. Having said that I’m just a humble pi so hope I’m not being simplistic. (Or am I a shorter or now Grippa as Betrayed thinks....I don’t want to be rude, but there are a few oddballs on these boards)....

Hf’s run rings around these associations, like Moodys etc & their credit assessments of CBO’s ten years ago. Please don’t expect too much from the chinless wonders who populate institutions like the fca.

Didn’t think of that Bladesman, better slash my wrists....

Closed on 8888 now if I was Chinese I’d said that’s v auspicious.

Bladesman the way the business is now growing organically I think that it is a given. The debt is being sorted,the only thing that concerns is SL, just hope TD farms it out like Tolmount. Better to keep it on hold until good terms are sorted, granny & sucking eggs comes to mind.