Member Info for Blue-Eyes

That infamous green diamond probably fell out of his Gucci 101M Watch face.................the one investors sucked in by Prof Conman paid for.

Well he has bruised my PF that's for sure :))

Have a nice w/e all

Yeah

I laughed a bit when he got in but I'm actually quite gobsmacked by some of the stuff that comes out of his mouth ..or worse his twitter account!

It's a difficult one with FRES but I'd be tempted to watch a bit and do it in increments as you might be swapping relative stability for instability.

That way whilst you may miss out on a bit of a gain you protect yourself if you haven't timed it right.

I'd forgotten what a seesaw FRES could be - used to swing trade it a bit a few years ago but underlying all of that it is a company that is pretty well run IMO

I'm good - all the best to you too

Wednesday, President Donald Trump Tweeted thanking Saudi Arabia for lower worldwide Crude Oil prices.

“Oil prices getting lower. Great!” President Trump wrote. “Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!”

The Tweet came after the President Tuesday said the US will remain a staunch ally of Saudi Arabia and stressed the importance of financial considerations for American interests in making strategic alliances, telling reporters that “we are not going to give up hundreds of billions of dollars in orders and let Russia, China and everybody else have them. It’s all about, for me, very simple, America First!”

Following the President’s statement, there was bipartisan action to oppose President Trump, as the leaders of the Senate Foreign Relations Committee invoked a law that will force the President to say whether the Saudi Crown Prince is behind Mr. Khashoggi‘s murder.

Many critics have pointed out the CIA’s reported conclusion that there is a high probability that the Crown Prince had ordered Mr. Khashoggi’s assassination.

President Trump was already facing bipartisan pressure before his statement of support for the Saudi regime to further punish the Kingdom over dissident Khashoggi’s killing after the White House recently sanctioned 17 Saudis accused of being responsible for the act.

President Trump pushed back on the CIA’s report earlier Tuesday, saying the CIA did not make a firm determination whether the Crown Prince was behind Mr. Khashoggi’s death, which occurred at the Saudi consulate in Istanbul in early October. During his conversation with reporters in front of the White House, President Trump said he needs to approach the situation with a wider view.

“I’m not going to destroy the world economy, and I am not gonna destroy the economy for our country by being foolish with Saudi Arabia,” President Trump said.

“If we abandon Saudi Arabia it would be a terrible mistake.”

IMO Trump has been playing this game via statements to manipulate the market all year - he's done it with the dollar. He did it originally with oil with the so called Iran sanctions when he wanted the oil price up but then persuaded the Saudi's to pump more in anticipation of the sanctions and then when that didn't work watered them down.
I've read that he is not too bothered about the US producers as they don't vote for him! Who knows but it's not a natural market but now that oil is overshooting the mark the Saudi's risk damaging their own economy if they don't cut. What's it worth to shield MBS?

I'm good - all the best to you too

Wednesday, President Donald Trump Tweeted thanking Saudi Arabia for lower worldwide Crude Oil prices.

“Oil prices getting lower. Great!” President Trump wrote. “Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!”

The Tweet came after the President Tuesday said the US will remain a staunch ally of Saudi Arabia and stressed the importance of financial considerations for American interests in making strategic alliances, telling reporters that “we are not going to give up hundreds of billions of dollars in orders and let Russia, China and everybody else have them. It’s all about, for me, very simple, America First!”

Following the President’s statement, there was bipartisan action to oppose President Trump, as the leaders of the Senate Foreign Relations Committee invoked a law that will force the President to say whether the Saudi Crown Prince is behind Mr. Khashoggi‘s murder.

Many critics have pointed out the CIA’s reported conclusion that there is a high probability that the Crown Prince had ordered Mr. Khashoggi’s assassination.

President Trump was already facing bipartisan pressure before his statement of support for the Saudi regime to further punish the Kingdom over dissident Khashoggi’s killing after the White House recently sanctioned 17 Saudis accused of being responsible for the act.

President Trump pushed back on the CIA’s report earlier Tuesday, saying the CIA did not make a firm determination whether the Crown Prince was behind Mr. Khashoggi’s death, which occurred at the Saudi consulate in Istanbul in early October. During his conversation with reporters in front of the White House, President Trump said he needs to approach the situation with a wider view.

“I’m not going to destroy the world economy, and I am not gonna destroy the economy for our country by being foolish with Saudi Arabia,” President Trump said.

“If we abandon Saudi Arabia it would be a terrible mistake.”

IMO Trump has been playing this game via statements to manipulate the market all year - he's done it with the dollar. He did it originally with oil with the so called Iran sanctions when he wanted the oil price up but then persuaded the Saudi's to pump more in anticipation of the sanctions and then when that didn't work watered them down.
I've read that he is not too bothered about the US producers as they don't vote for him! Who knows but it's not a natural market but now that oil is overshooting the mark the Saudi's risk damaging their own economy if they don't cut. What's it worth to shield MBS?

Shed ... Yank futures and Poo are the current drag.
Need proximity to wos to be the key mover. Lets hope the Saudis and Russkis help us out with the poo.

Boyzee - at the moment Trump has the Saudi's by the nuts as he is protecting them from the fallout of the journalist's murder and Trumps price for that is the Saudi's keeping the oil price low hence his tweet yesterday.
I find it reprehensible on many levels but IMO it's got a lot to do with where we are now

You might even argue that this timely comment is handy for those funds who will have to replace RRS

Bt some - this is actually pretty old news and it's not like Fresnillo don't know the territory.

To me it looks like a total overreaction

Exactly - IMO the purpose of this company has never really had the intention to do anything except repeat the fund raising cycle. They've been doing it for years on empty promises and puff RNS's.

KDR is another example - there are plenty of small companies actually doing something out there, far better to invest in one of those then keep this lot in the style to which they have become accustomed

Do you not think he is positioning his rubbish yes men from CGNR just in case

What did happen to Circle Oil???

It really isn't Conroy is a joke and he is conning investors out of their hard earned cash.

Not a member but can hazard a guess what the rest of the article says

AIM-listed Conroy Gold and Natural Resources (CGNR) offered up its FY results to May y31 esterday morning. There was plenty of blarney, of course, but the bottom line is that the balance sheet is in a mess – it needs yet another mega-placing PDQ to keep the lights on, and I don’t think it will get it away. Oh, and NED, Dr Karl Keegan, is stepping down after just 15 months in the job. In short, the end appears to be nigh.

Avoid this man and anything he is attached to like the plague

Blimey easyp that must have been a large buy to move the sp like this!!!! :))

That's the right thing to do.
Thought is was grossly unfair to keep those employees locked in to selling after the company announcement.

It doesn't really affect us - now or November for the warning the end result is the same. It affects those employees really and I'm just musing on how it will pan out and if quite the number of share will need to find homes on the 15th as previously expected.

They are but apparently the company issued all the employees with a booklet and basically if they wanted it sell on the date they had to pre elect from some date in September up until a few days before hand. Normal trading would be suspended and not resumed until some date in the future. So basically if they wanted to sell they kind of had to do it that way or wait until some indeterminate time later. My thoughts when I heard about it was that they were trying to get an idea on the figures early and possibly place them with institutions. The brokers would still be handling the shares but to me it seemed like a lot of micro managing by the company.

I'm not saying it wouldn't happen in November but I do question the timing of it and the circumstances that might have required it.

I also agree with the commentators that say that Rico Black threw the baby out with the bath water. A lot of what is in there is already known but reiterated. I just question whether what the company have been trying to arrange around the 15th Oct has contributed in some way.

I'm just not a huge believer in serendipity

I do hope though that in view of what has happened that the company allow those employees who pre elected prior to the RNS to withdraw from the sale of their shares if they wish to.

https://www.forbes.com/sites/rogeraitken/2018/10/03/are-royal-mails-shares-a-buy-after-tanking-20-over-profits-warning/#a920d9743e22

Here is the link for anyone interested.

I think it was something like 10% of the company shares that were handed out when it floated (I might be wrong). I just wonder why RMG involved themselves in the employee share sale quite the way they have unless they were looking to manage it. If they were doing it because they were worried about the effect on the sp then they've done the very same thing themselves. Perhaps they just wanted to do it first :))

I disagree. It could have waited for the November update. The timing of if at around 15.30 was odd too. Was RMG trying to manage the market response or it was it as Forbes speculated due to a leak. I'm wondering whether the leak involved those employee shares, were they were seeking to place all those employee shares hence the early pre election date and had to then provide more up to date information re current trading to one of those parties? Once they did that they would then be obligated to release the same information to all investors.

On a more serious note I think AB's strategy as outlined makes sense. It's easy to overpay for an asset.