Member Info for Dodger16

Problem is it never rises much on the days the market goes up. But certainly knows how to come down with it.
FFS

They have £1.6m of cash at 30th June - would have some explaining to do if they fund rise.
Maybe they are generating cash now - more likely BS though.

Lets hope Alfa that we don't have one. Or we are fooked.
Can't pay furlough twice.
I think vaccine will be rushed out in US, probably have years of legal cases on the people that it does adversely affect but hey ho.

As long as the acquisition value adds to the market cap extra shares won't matter.
Market surely must perceive this to be a good deal. If oil rises this will be a different company from the one in January.
More production and same debt.

Was anyone expecting that solan part?

Wow just checked SP!
I should make more gloomy predictions first thing. I knew Sauer played the piano.

Very long term hold. The yanks have really rained on the party by not attempting to control COVID 19 spread.

Sauer - do you play the piano?

I hope not but ftse 100 set to erase all gains from yesterday. I guess its time to be an investor or risk never making anything....

Wish i was in cash. Bloody USA leading all markets down. I never bought the v shaped recover tripe but they are now stopping any type. I was optimistic for our ftse but we get led like a dog on a lead. Going to be crap day.

I think the US opened up due to some BS story thrown in about a vaccine. Now its falling.
Probably to sucker a few in.
Hope I am wrong but week is for the bears.

Good read Jenn, thanks for posting.
I think how Lloyds is acting now v peers can do the talking in the short term - complete dog.

Cash - same here, keeping close eye on US and DOW set to open 200 lower. Their COVID figures are just awful reading, I took comfort from the deaths figures staying low but they have crept up to £1k are again and will go higher given ICUs are filling up. We needed America and China to lead us out of this and unfortunately the US chose a short-term win on the economy, pain coming in my opinion.
On PMO - this whole acquisition is just so vague. In theory the SP will do nothing to the upside unless the market believes there was a discount. How do you work out what anything is worth right now! If oil goes up to $50, PMO will be laughing.

Cash - maybe he meant make America the greatest idiots. I do feel for the people over there that didn't vote him in - mainly the educated. I love going to America but won't be for a long time now.
60k new infections a day and death going to be over 1k again.

Forzeb - I would just leave it. Panic is never good with PMO.
Focus on the fact oil is doing well and PMO have excellent production and good hedging.
The day today movements are not something the best analyst on earth could explain.
What I have always noticed with PMO is the rises come from nowhere - you can just check the price one afternoon and get a crazy surprise!

Forzeb - been there, sold that, lost on the rise - got the PMO T-shirt!
Oil is $43 and hasn't moved, try to switch off.
So many times I have bailed on this and kicked myself later.

What I was also saying cash is the US have done more testing. We are far worse than the US at handling this crisis, our deaths per 1m population are nearly double the US. We have led Europe on some of the worst stats - and we are a flipping island!
Rookie - I don't like Trump, but he does call out the BS in the world - there won't be a second lockdown at a national level or its curtains for all of us.

Jon009 - all depends on US. And they appear to have no control on the virus, or they have the best testing in the world. I kind of think it could be the latter given the deaths are lower, having said that I hear ICUs are filling up and yesterday showed a spike.

If the FTSE 100 had an arse then LLOY is it.

I feel like that some days Rookie, all the hedge funds ring each other and short the market when they know I have bought in!