Member Info for DestituteBroker

Agne’, I would hazard a guess that many holdings have been squirreled away in ISA A/c’s due to the low values. If you have time it might be an idea to email all known ISA Managers with the view of informing their clients ?

Everyone ‘thinks’ that Gold is found by panning sand found in a stream. But the Prospectors spend years panning without finding any Gold, why is that ?

Agneissearner hi, I’ve observed the goings on here for nearly two decades. Lets say when the light dawns the postings have been an interesting read from time to time. This might, just might be the only time that Shareholders have been in a position to do something righteous. And that appears to be solely to your credit.

Are you aware that total global financial flows are over $100 Trillion & over 40% of that flows through UK offshore ? There is another Guy on these bb’s with a partition trying to stop Shorting, with no idea of the extent that it is used. Agneissearner, I admire your efforts. David & Goliath comes to mind.

Torpedo, if that happens Stock Markets will collapse. In case you haven’t noticed they are currently selling off with Oil down sharply too.

Jet, with that perspective your definitely in the right place. If only you knew how stock markets are controlled. Current rise in an over supplied Oil market ….

Focus on reality, if this was listed on the US market, an equivalent pound would probably be the minimum. But alas this is the loooow volume UK market where stocks are taken down for bottom fishing, of any volume that can be found.

Super, what are you missing…

Quick simple answer re charts: Long or medium term channels have to be balanced. Large volumes at price levels have to be revisited to balance. This is more to do with the listing computer platform program, than the stocks specific circumstances.

Hi Super, I’m confident that this will revisit 25p for the same technical reason that it revisited 28p. However I now don’t see that occurring for at least 1 or 2 quarters. But what occurs is wholly dependant on the Guys managing the listing. Oil & the general Market. Gold is up due to heightened global risk. Retail Short products have no price impact on stocks as the Broker or other clients are on the other side of the contract. Only Exchange members can impact the SP with Shorts.

NewInn, in simple terms it’s when Bid & Ask quotes in the Order Book that can be matched are. Also the Short side of the Book is reconciled with the Long side. However the long may not be long as PI’s understand it but that’s probably too much information. The process as with the days trading can also be fine tuned for the desired result, with a small amount of stock from the far parameters.

How long has this been out of the FT250 ? couldn’t wait to close it back up. Not obvious though is it……

Off topic question:

Does anyone here look at graphs ? I note that the stock has recently revisited last years 28p & there has been a need to revisit it again today. It’s fair to assume that if 28p can be revisited then in the coming Months, so can last years 25p. I wonder what your thoughts are on this…

Joey, many thanks for taking the time to reply & informing the location of jugs & good beer.

Hi Joey, I have an off topic question for you. Are you aware of a beach in your neck of the woods where when the tide goes out you can see sand for miles out to sea & there is a sandbank far out with shipwreck masts protruding from behind ? View not assisted by beer goggles.

Gingy, the TLW listing has achieved wonders for Shareholders, probably around +100% P/a & that’s without gearing. If your not benefiting then your probably in the wrong nominee accounts. The ‘DIY’ Investors on this bb are not the only set of PI Investors & DIY is not the only participation vehicle.

JMAX just to clarify the detail: the part of the Earths plate that England sits on is sinking & this is causing Scotland to rise. But obviously this will take millions of years in the process. Similar to the time required for TLW to return to £14.

Bluemoon71, when the stock bottoms & the ‘Trend’ changes, I’ll give you a positive post. But obviously that will only be beneficial to Traders.

Starboard, stating my post is nonsense is unfair. In the absence of any training whatsoever all post are ‘guesswork’ from the General Publics perception of how they think the Stock Market works. The forecasts were issued by the Industry. My point which I ‘twice’ made clear, is that it’s impossible to forecast. You didn’t ask me to clarify the data but here it is anyway: Demand is expected to grow by 1.2mbpd in 2024, down 50% from the growth of 2.3mbpd in 2023.

We all know Ethel, She lives at end of road. She regularly plays quiz games but her Daughter manages it for her. She periodically profits from her activity. She’s not allowed to take profits in cash so receives a shiny new car instead. Funny thing is that the neighbours think that She buys the cars herself with cash, same as everyone else. Makes ye think dune it. Is this crystal or clear as mud, depends on whether ye have your Retail Investor blinkers on or not.

Cureboy, it’s guessed. If a trade is at a higher price than the preceding trade, it ‘guessed’ as a buy & vice versa. Issue is that trades can be delayed by seconds. Also there are two types of Order Books, one is reversed so you sell to the buyer & it appears as a sell or vice versa. There be a lot of detail, sadly not discussed on these Retail bb’s or anywhere else.

A report a January stated that Oil would stay around $70 all year but with large short term spikes up or down dependant on conflict news. This didn’t occur, it was a gradual rise to current levels. Also stated at the time was that Oil usually rises with conflict & that Traders were surprised that it hadn’t responded as usual. The attacks in the Red Sea had little impact on Oil shipping.

A more recent report forecasts 2024 Oil demand to be half that of 2023 & with more supply coming online. So is the current price just being held up due to the conflict & what impact might a ceasefire have ?

Conclusion, it’s very difficult if not impossible to forecast Oil