Member Info for Compass007

I did say yesterday that Banks will continue to rise as fund managers change there allocation and start looking for value stocks....Tech is fully valued and Airlines/Travel have gone up too high too fast....I was shot down by a few, but banks are still under valued that does not mean they will not be volatile....but the trajectory is still North GLA

When this settles we will finish blue.........

Yep I also think this is very positive....I posted yesterday that both wells were drawing from the same reserve and that it was just possible that one well could be increased to compensate the other....I also said that although we probably would not get to 20K BPD we would probably fall somewhere in-between looks like were up to 12K and they will increase that again shortly...shame about Dr Trice but this is a business and people need to be held accountable onwards and upwards I say...WE SHALL SEE

OUR NAV was circa £700m in December and our M/C is currently circa £175m.....tell me thats not a dis-connect ?

I agree with most of your comments and I am fully aware that a lot of sectors are over valued and that the markets are very volatile at the moment but I do feel the Banks are not one of them.....especially with most of the loans Government backed...

The markets are not pricing for next week or next month in fact they are probably pricing for 18 months away that's how they work....they are forward looking...

Buffet/Munger and Berkshire also sold Tesco and more recently Airline stocks most of which have risen over 90% since.....They are not always correct DYOR X3

Most Banks were trading below NAV even before COVID-19, now some are trading over 40% below NAV....while some sectors are now fully valued ie Tech....and some sectors have seen huge rises like Airlines/Travel, Traders and Fund managers are rotating there allocation basically they can only hold a certain percentage of funds in certain sectors and although the fundamentals in most Banks is not great at the moment, they have become value stocks at these prices, with a massive amount of money sitting on the side lines it has to go somewhere.....and as other sectors become fully valued this leaves an opportunity to invest in value Banking stocks, so although I do still see turbulence in the Banking sector the overall direction is definitely up....Just My Opinion

The market nearly always over reacts......and for the SP to drop below 7p was certainly an over reaction...the way I see it both wells were drawing from the same reserves now one has been turned off, it may be the case the other well can up the anti and maybe even draw the same amount of oil that both wells were drawing, I believe this is now what HURR are doing, and if successful then the SP will re-rate....I side with partial success an thus the SP getting back up around the 20p mark if the oil price continues its rise....

Then your mad because they are still double that....throw your own money away...not ours.

I have my STOB shares in a Hargreaves Landsdowne account can someone tell me will I be eligible to buy the 2 shares for every 15 owned and if so will H/L let me know?

Cant believe what I'm reading our SP is circa 70p and we are doing a placing at 35p ....please tell me I have read this wrong?????

Not a bad RNS given the circumstances ....dont see that the company can do much more...and things will improve, I have added recently well below £2 so feel fairly confident...however I am sure we will have some turbulence withe the SP....its not about NOW its how we can do going forward and Ibstock is a very well run company....

Going to stretch my neck out and say this is now a strong buy, short term medium term or long term....builders are back pretty much full....and our housing position in the UK has not changed....we need more and not just a few we need loads more....

just hope more than anything to buy more

Gold down again.... TBH I am hoping this drops I would really like it to drop below 7p as I am well armed to add a lot more ...lets see what happens today.

*NOT over yet

I got out yesterday probably too soon however I do not think the volatile SP ups and downs are over yet....does not matter how you look at IAG they are doing nothing at the moment and will not be for some time and even when they do start flying its going to be at a much reduced rate so any profits are probably years away dividends included this is still in my view a great long term investment but for now its a traders stock and I will re enter if it goes stupidly low again and im sure it will.....

Has anyone noticed that for the last couple of weeks the SP starts lower in the morning then about 3pm it goes up to circa 3p only to drop back to 2.62p come 4.30 the problem is you can not by them at the cheap end because the spread is so ridiculous...

I Know this makes me sound like a spoilt brat throwing his dummy out the pram, but its the way I feel and im sure a lot of other long term holders understand.....