Member Info for confluence

@Bobwinner

Interesting and relevant.

https://amp.theguardian.com/business/nils-pratley-on-finance/2023/jul/20/higher-prices-for-uks-offshore-wind-cant-be-avoided

“Offshore wind, even at slightly higher strike prices to reflect higher construction costs, still represents a significantly cheaper source of energy than gas – at least, according to medium-term projections of gas prices. The bottom line is that developers hold a strong hand here. Offshore wind is still a relatively cheap technology – just not as cheap as it was.”

GLA, I have my hand firmly on the rim……of my hat 😂

Lots to like - definite hold for me, but not sure what short term impact it will have for the SP as not even a reference to dividends…..

@RionnieH, you seem to be giving advice here but the SP rises nonetheless. I hope you wont have a margin call tomorrow 😜 GLA

Good luck to you - with the out. Like you bought in high 70s, but unlike you, will hold for longer. GLA.

Https://www.petrofac.com/media/news/petrofac-secures-integrated-services-contract-for-fpso-in-africa-with-cnr-international/

GLA

Headline alarming but blue sky thinking at the of the article. Invested here averaged in the low 90s and holding. GLA.

https://www.standard.co.uk/

Investec analyst Roberta Ciaccia said: “Losing its UK licence would be disastrous for 888 – UK&Ireland generated c60% of the group’s EBITDA in FY22 on a proforma basis.

“As such, we think FS Gaming will not push for a seat on the 888 Board and believe it should make a public announcement to dispel any doubt.

“With the company still fully operating in the UK, a new CEO expected to be announced soon, and what we regard as a clear and reasonable relaunch plan laid out, we see no reason why the shares should not recover significantly once this situation becomes clearer.”

@Happy - noticed that and another 3/4 million buy there too after close 😉

@MaryBr, no choice but to hold and perhaps add. Thing is the guys who were moving for a takeover may now just dump their shares - it t’will be a while before this settles.

In at under 79 P but no spread, is share in freefall?

Unbelievable overreaction and in the longterm the better course.

?

News?

Tomorrow the pop! 😂

Gap looks bullish early hour this morning. GLA.

For shorters read spread betting companies.

She said the move would "unleash the benefits of short selling, including enhancing market liquidity, promoting price discovery, and exposing corporate fraud."

She did, did she.

Suspicions abound. When shorters hold a lot of shares and especially in a non dividend company, they can manipulate the SP and increase volatility. This affects investors who wish to have no part in betting, but wish to INVEST.

Hold on to your hats.

Https://www.fool.co.uk/2023/07/10/are-rolls-royce-shares-getting-ready-to-take-off/

We need a nuclear reaction to the SP 😂

Yes @Exoplanet, their self righteous approach is a little annoying. If you do not like what a company is doing, then don’t invest. Simple as. But of course, the fund also wants to make money and they need to be seen to “object,” in some way that doesn’t financially affect them. People who think they know better but what can you do….GLA

The irony of it all. There is a lot of effort on display to try to bring the SP down…