Member Info for Danger_Mouse

Rookie1 you know very little. 40% was factored in when the FT announced it at 9pm on Sunday.

IF they announce 30% this will definitely be sore very high as 40% was factored in the worse case as reported by the FT on Sunday.

40% levy is factored in and was well-known and reported on Sunday in the FT. Seav is shorter. HBR will fly tomorrow.

Treasury needs to confirm the time. i3 still holds licence P.2358 in The North Sea UKCS. There is an outside chance this is somehow a factor in the fall even if it does not bring us any money. When we get certainty tomorrow then fingers crossed.

@hmtreasury confirms to @CityAM tomorrow's autumn statement will begin at 10.30am (subject to parliamentary business https://twitter.com/__JackBarnett/status/1592861375583637504

Yes supply tightness means more upside. Unfortunately in a scenario of declining demand, it won't be enough and we see a high degree of volatility. But as mentioned people like Buffet (ad other top-edge fund managers) continue to buy oil and is why there are diversified portfolios by sector and asset class. I don't know what hedging I3E will put in place but if we get $120 as some forecasts mention then at this depressed SP I should take as much of that as an hedge myself.

Yeah, but I've seen a switch being pressed like the day after a major holder exits.

Good rise today. Also take a look at I3E on a lower E/V as it free falls.

That read really mean! What I meant is that I am a buyer every day with plenty of dry powder. I think this is a bargain.

I don't want to be a technical tool but the fib point is 21.2p. If there was something we do not know then the volume would be higher cos its the big guys in the know not us. The volume has been really low and unless there is a home hidden buy order I just think there are no buyers and its just PI's in capitulation mode. I am mostly in wealth preservers like RICA/CGT/PNL so at least I am happy but feel for you guys. Hang in there.

-14% from the 200-day average. Buffet continues to buy CVX and OXY. Hope I have one up on Buffet with adding to I3E.

I don't think a dividend increase is going to help. Reasons for reduced share price:
* Serenity a dud (but history granted) results in sellers.
* Cost Inflation lower value
* The strong GBP in the last 47 days lowers value
* Many investors have made over 68.54% YTD and are selling with recession fears because if there is a demand shock then even tight supply won't help. However, this is just speculation and a case for the opposite is true and that's what makes a market. Happy to buy at less than 2.2x FY23 EBITDA and on a dividend yield of c.7% to go along with my L&G shares bought in the dip and GSK shares bought on its dip :-)

HotChip we all invest for various reasons. The dividend is useful for my inlaws where the income is paid directly into their account for spending. As for me I want to see this rise. In both instances, I am happy for the SP to fall as I have cash in GBP and the pound in the last 47 days or so is up 10% or more and going up steadily so I can buy even more stocks cheaply. See the US market is up but US-non-racy-investments are down.

Correction: "pre-lockdown" sorry meant the period before we re-start Montara.

Wonder if the BOD has the power to hold back a good news RNS. I for one don't care where the share price is pre-lockdown. After production starts, I would like to see another RNS of a large dividend increase for 2024.

Oil it is quite simple when you understand the market. Value stocks follow the longer-term trends of the commodity while all the good stuff like in SPOG follow the oil price fluctuations. The airlines are in this space too but for airlines its the global economy taking an hit hense oil price down.

HotChip there are lots of opportunities *IF* you increase risk. For example, JSE is exactly the same E/V and similar production... but... its old kit and relies on deals coming in far Asia. As for the North Sea (HBR, SQZ, KIST, ITH, ENG, one well HUR...etc...etc...) then you see the risk comes into play. Let me look... oooh GKP is dirt cheap but in Kurdistan having to deal with the KRG and the longer you stay in these risky stocks the more certain stuff hits the fan.

Anyone who uses the word "clown" is an absolute "tool". Have some respect for all reasonable views.

I'm drip-feeding back in and only 30% into the drip. Got 380p last week 344p yesterday and 340p first thing.

Shorts should close before Thursday as they can't all close together without paying more. Today should have been the start of the buybacks and not when we have certainty on Thursday. Regardless of the outcome, the market likes certainty. Friday will be a very interesting day for all NS O&G companies.

That was me adding Smartie06. Carry on with the deramp I am off out until Friday.