Member Info for dusterinmong

Price: 14.64

No Opinion

A more than thought-provoking article...01 Mar 2020 14:28

https://seekingalpha.com/article/4328510-what-china-knows-coronavirus-oil-traders-dont-know

Personaly I think some on here are sick in the head wanting more cases pathetic mindset, and even getting off on more reports of the virus. WTF

Interesting article indeed

So the trend is down there and shows it can controlled hence my sell recommends

In China where you have the most cases it's rising or falling am I correct??

imho. cases are falling now

WHAT THEN FOR THIS COMPANY

if your in profit I would certainly be thinking about it

While Saudi Arabia supports a further output cut, Russia has yet to announce its final position on the matter. Moscow has a history of only agreeing to OPEC+ actions at the last minute, after initial reluctance.

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Russian Energy Minister Alexander Novak said on Thursday that Russia was “very satisfied” with its cooperation with Saudi Arabia and wanted to continue this within OPEC and non-OPEC frameworks, as well as bilaterally.

A source in a Russian oil company said it made sense to deepen the cuts.

Saudi Arabia, the biggest producer in OPEC, and some other members are considering agreeing an output cut of 1 million barrels per day (bpd) for the second quarter of 2020, more than an initially proposed cut of 600,000 bpd, the sources said.

The Financial Times newspaper was first to report the deeper cut idea.

Saudi Arabia, the biggest producer in OPEC, and some other members are considering agreeing an output cut of 1 million barrels per day (bpd) for the second quarter of 2020, more than an initially proposed cut of 600,000 bpd, the sources said.

The Financial Times newspaper was first to report the deeper cut idea.

No probs mate plenty of bargains to be had right now

RRE is on the Maine maket Dana not Aim

His is cheap now for a trade or hold imho

spirit energy
Exxon's assets
IOG
HUR
SERICA

Any others to chew over

er Monthly Production Actuals..Fri 22:04

Makes no sense to me. BP was crushed today (Shell too). That removes the "rush to quality" argument. There will be some interesting investment opportunities when this turns. It's easy to say no buyers but what it actually means is that those who broke mandates/covenants, panicked or see CV as an existential threat exited at the available prices. Traders dropped the bids and we are where we are. If nothing else this is fascinating watching even

Plenty of low hanging fruit for AA now unless we allready have a deal in.principle??

Better day Monday here hopefully

Yes Jimmy agree, needs to get the market cap over 500 mill to be safer from a predatory bidder

Am expecting some sort of news any day now

Slightly concerning that his buddies Cav went over 10% recently so less than 10% needed in any MBO

What price would some take 25 bucks??

CUNING PLAN!!

Hi Jim he would have to apply for a whitewash. if you look at the last core finance interview with malcy end last year he ruled it out.

Also it would reduce liquidity, maybe a tender offer 20+ or if I were him do a MBO 30 Bucks would only cost 400 mill then the cash on the balance sheet 250 mill means the real cost only = 150 mill. or is that the dining plan behind the fall it does seem somewhat overdone from near £23

But that was then and this is now so who knows?
ATB

t

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Sailplane

Posts: 76

Price: 14.44

No Opinion

Looks like China slowly on the mendToday 15:04

https://www.worldometers.info/coronavirus/

particularly interesting: click on 'Show Graph' in 'Active Cases' box, then move mouse pointer over the graph line to show active cases on a specific date - since the 19th Feb have been steadily falling - looks like China's strategy is slowly working.
Lower down the page shows country by country breakdown of cases.