Member Info for Daytradenovice

billy,
Im of the opinion that money has to go somewhere. Either under the mattress, as numbers on a bank account screen, similarly with shares, or in physical assets like property cars or gold etc. You can only hide so much cash in a mattress, theres no point leaving it in the bank (especially now) and the average punter cannot collect cars houses or gold.
So where else does it go?, my bet is people see oil as neccasary for a while yet, and see the previously stable divis. Thats why i think major oillies are rising at the moment, people think its the safest bet longer term. Its sure as hell not based on fundamentals nor the oil price thats for sure.

i saw that film fira Contaign, made in 2012 and shown on the tele three days ago. Exactly the same as whats going on, exactly. Its even prattling on about social distancing. I recon our asian cousins picked up a few ideas there myself. Wouldnt dream of saying it was done on purpose to feck up trumps November re-election - or would I

berni.

Primerdesign, cant beleive you've not heard of them, been on the news etc. Go have a look at NCYT bb. Shares have gone from 6p to well over £2 in weeks.
Just to be 100% clear, i dont hold any so not ramping at all, just sharing info (as always)

Ive just done the opposite NK.
Divis all arrived in the sipp so, as i cant draw on that for another 4 years ive added just over 300 @ 11.96. Figured (if i survive) then things may have settled by then. Good luck shopping :)

Stay safe out there Breathe.

life is cheap in China Ken. For all the gazillions of cheap calculators that they send around the world, its always been apparant that the head honcho's there dont use them. Their figures were/are clearly made up, unfortunately.

I work with some fantastic Kiers lads.

I would suggest that if you treat staff in this manner they maybe tempted to go elsewhere if they can, which is a daft thing for a business to encourage and loses skills and exertise.

Alternatively, for 85% of the wages you may just get 50% of the usual output from your disgruntled employees, and i wouldnt blame them one bit either.

There is in fact a scientifically proven 2hr test CE marked for use that is apparantly 99% accurate, made by a UK/French business. Tests around £7 a pop i understand. 60 countries are currently using it, so it is a feasible thing to take whilst waiting to board with your suitcases. Whilst accepting that people would be VERY nervous of others travelling to their countries the fact remains that some countries will be bankrupted for many many years without such travel, some countries WHOLE economies rely on tourism, and unfortunately its normally money in the world that does the most talking, and youd do well to remember that the rich and powerful make the decisions..
Time only will tell how this unequalled virus affects the future. 'Experts' are seldom right as lots of past experiences will show, acid rain, millenium bug, sub prime, brexit house/job crashs, WMD etc etc etc

stolen from another board, humour is a good medicine

Ebays good for making a few quid at the moment. . . . . sold my homing pigeon 37 times now and still listing.

Never heard that one before, excellent stuff lol

you just keep your distance from everybody billy else we'll all be sending you the flowers you dont ever want to receive mate. Plastic bag over the head time at the moment out there.

Good luck with that billy, they are all shut down my way, not that we have much choice down here in pastyland

A nice day out in the sunshine billy isnt a bad alternative.

berni
i definately think you'll be facetiming the daughter rather than seeing her in April im afraid. The trouble is nowadays the whole world depends on each other. Spain is already a basketcase economy wise, its tourism is all that keeps it going. This is going to set them back years and years economically, so ultimately i dont think they will have much choice in letting people visit. Not right now of course but quite quickly afterwards. Its people need to eat etc. The same can be said of italy france, and the way we are going the UK too. Globilisation has created a web of interdependancy right under all our noses and no nation can really exist in its own right independantly anymore. Oddly enough except the Chinese who started this.
What worries me most is the repeated nature of these types of bugs coming out of asia. Sars, h1n, covid19. Getting far to regular of an occurance for my liking, if this one dont get you maybe the next one will kind if thing.
Good to chat, stay well

you are quite correct in that assessment Berni. Nobody is saying airline prices will shoot up in the short term, but the last one standing will suck up the failures dregs and scale up hugely. The markets clearly recognise rya as more likely to be that business hence its sp being more stable than the others of late, although down. Its known for being ruthless with costs. It also owns the bulk of its planes, already has market dominance (under normal circumstances) in its market, and that very useful thing at the moment, cash in the bank. People will not stop flying when this virus is sorted, its become too 'normal' a part of life.

have you seen the latest post from a KIER insider on that bb?

They are askng staff to take huge paycuts. Might be time to review todays earlier purchase mate, Kiers management obviously feel a very very strong need to reduce costs, which is not good.

some tale around the US failing to spend 3billion dollars topping up their reserves with the cheap oil being responsable for todays drop with BP. I've pulled my buy order for £3 till the weekend passes, will see how it works out Monday. Patience desr boy patience

i agree with gmed and max, same promises for tomorrow but very little today in my eyes.

Proving up of jorc looking better.
Water pipeline beyond a joke really, been going on forever and no further forward, still using solar powered boreholes and economising on usage. I.e. they still have insufficent water after all this time, still. Projected cost stopping this is clear.
Trading arm "will" be adding value, rather than "is". Deals "done" but NO figures, i know its hush hush but it needs not to be. Currently id imagine actually selling and shipping the product is restricted given the economic reality around the world?
Only £260k in the bank.
No idea why we'd install diesel generators in "the village" for just 50 days usage (per year?) anybody have any thoughts on this.

If it we're me, id be tempted to close down the sampling to reduce cash burn, pump and store water for a while and actually produce some product for a quick cash fix at a 'come and buy me rate' cover costs for a while and add to the bank rather than empty it.
I think the management here are trying to say "look at us, we're a dominant big boy player" yet in reality, although they have good grades and lots of product (in the ground) they are a tiddler. Obviously nobody is in the market to buy the investment out as that would have been done already, so organic growth it has to be.
All in my mere humble opinion of course.

And i dont mean his attitude either

https://www.bbc.co.uk/news/uk-52060791

you can have as much product as you like at the cheapest prices on earth, but if you have nowhere to put it you cannot buy more. A pint glass holds a pint only. The pumps will be going off shortly when storage is full, basic physics.

Agree that sp at the moment has risen too high for the current demand and price per barrel, this imho is being driven upwards because trump is being pushed into a corner regarding backing his shalers, which its almost guaranteed he will. Nopec being his ultimate sanction if todays phone call doesnt improve the situation to his satisfaction