Member Info for Compass007

Yep possibly some news from one of our now affiliated companies maybe a big contract win? who knows....

These markets are F..........mental up nearly 50% on no real news??

Fair play they have cut the divi but also taken a 20% pay cut .....im ok with that.... this is a strong company and cutting the divi although painful was probably the right thing to do....GLA

These times are testing but with PMG I see the SP getting back up higher and quicker than the rest of the gas and oil companies, it does seem daft that our cash is more than the M/C but these are not normal times....GLA

Sorry if this question sounds daft, will we no longer need the annual 3 weeks or so for maintenance shut down now?

In these conditions everyone is entitled to sell...I have no problem with that, I am sure quite a few have been scared into selling or just needed the money....again no problem with that, I did trade some late last year but I hold more now than I have ever done....yes the world is in turmoil but we will come out of this, my belief in the company and FM has not changed....I have been here for a very very long time and fully intend to see true valuation, however although I do believe there has been some market manipulation I do not buy into the theory that the MMs are totally to blame we are at this level because of a world crisis and V prices.....JMO

Even if Trump has brokered some sort of deal, 10-15M BOPD is a help but still not enough, the world has dropped of a cliff and it is estimated a reduction of around 20M BOPD is needed on top of that every vessel / tanker and storage facility is full and we now have no where to store it. I agree longterm it is still a very important commodity however today and short term I see it moving lower....

I have a very close friend that has 6 drivers in a very large delivery company and he is telling me that they can not keep up with delivery and that its much much busier than Christmas and they deliver a lot for the BOO chain of companies.....

These are "dark times" but my biggest concern is not if I have enough toilet roll or whether the SP will be up or down today or the trolls on this board, its more if when I awake the sun still rises.....and i'll be damned there it was again this morning .....

Not sure you fully understand but the banks have done it and Barclays was ex-divi I hope it does not happen here as I am invested too....but don't hold your breath.

listening to the CFO on CNBC yesterday morning it sounded like the divi was safe and they planed to pay it "his words" but who knows now....?

I would now like to see Mr AH take a large pay cut with any bonus suspended til the dividend is reinstated? seems fair to me

As expected then....

I certainly cant blame the sellers after what's happened with ZEN however we may be on to something here.....

Listening to the CFO on CNBC this morning sounded good the Divi is safe.....has to be a buy....quality company with big balance sheet

Think we have found a nutty Arab?

Regardless I am pretty sure they will suspend future dividends....makes sense and I think Loads will plummet when this happens.

they can't cancel divi its been declared and sanctioned by shareholders.

I have just read the divi can not be stopped once declared it becomes part of the balance sheet ie debt?

Can the divi be cut or stopped at this late stage?