Member Info for easyp

14.71% split, why?

OK why 70p like you tempted to re invest having made modest gains a year or two ago? What do posters think the net asset value of Thomas Cook today? My own reading from the FT July below

"Tui and Thomas Cook were among the FTSE’s sharpest fallers on worries that hot weather and the World Cup had hit demand for package holidays.

“We have spoken to a number of tour operators and travel agents in recent days, and the consensus is that overseas holiday bookings have been weakening,” said Morgan Stanley.

About a quarter of summer holidays are sold late in the season and, with operators having already raised prices to cover higher accommodation and fuel costs, margins on excess capacity would be squeezed, said the broker. It cut 2018 earnings per share forecasts by 11 per cent for Thomas Cook and by 3 per cent for Tui.

Thanks for the response it helps explain why investors are going to have to wait for any hope of a recovery.

I would add another less scientific factor. Some patients did respond very well during the trial and those globally with the disease might add pressure for the FDA/EMA etc to re run part of the trial quickly in the hope that for some Lupizor might offer a cure. For me its just a matter of money and a modest speculation but for those with the disease something else again.

https://seekingalpha.com/news/3374278-uranium-stocks-rally-cameco-shuts-mcarthur-mine

Their view on the impact of CCJ.

Interesting, good luck with your choices should do well over the next few years.

I think you are right, I reviewed the FT data sheet on PMG and was reassured by no debt, trading price below asset value per share and forecasts from two analysts suggesting 80p over this year so purchased 3,000 more for just under 60p.

There seems to have been quite a lot of selling over the past couple of days, might buy some more at sub 60p.

I agree they will win something, how much and when open to debate. In its own right CNE is a good oil punt and you have done well from buying in at 200p. I do not foresee any issues in holding for the long term.

Thanks for the update 2021 not too far away and while oil demand might apparently peak in 2036 I am not convinced. Oil as a source of energy here for the next 50 years imo and Senegal good news for CNE.

Worth re reading what the FT had to say about CNE earlier this year but when will they start drilling and extraction.

"For decades, Senegal was an afterthought for oil and gas explorers, caught in a no-man’s land between prolific hydrocarbon provinces in north and west Africa.

That changed in 2014, when Cairn Energy of the UK took a gamble on the country and came up with the biggest offshore oil discovery anywhere in the world that year.

Further successes followed from Cairn and Kosmos Energy, the Texas-based company which has found the largest offshore gas deposits in west Africa in waters straddling Senegal and neighbouring Mauritania.

These companies and their partners are now gearing up to develop the resources, promising to place Senegal firmly on the map of large African oil and gas producers."

Me too! Although I do hold smaller stakes in CNE and PMG.

Purchased some more Hecla shares yesterday even as silver and gold prices fading because I think they will spike back in a year or two from now. Hecla has also purchased through a deal some more mining assets in Nevada. Interestingly Russia selling US debt and buying Gold.

https://www.zerohedge.com/news/2018-07-23/russia-dumped-its-treasuries-heres-what-it-was-buying

Can someone explain how the oil industry can extract oil from under the stormy North Sea or deep oceans but AMER is struggling to cope with Colombian Rain?

Feeble excuses not enough action, John Wayne would have had this sorted out in under 3 hours at the cinema.

That I think sums up what is going on with CNE. I have dipped in and out several times over the years and currently am in with a small stake and slightly up on last week.

The reserves held by CNE look good but there is uncertainty over India and with Trump in the WH who knows where the oil price will head next week? Cautious buy today, next week who knows?

Has a distinguished RAF career behind him but zero experience of running a private sector business. Do not get why he was a better choice over numerous people with business experience.

Yep, disappointing and thinking of selling a chunk of my stake at a small loss to buy Playtech which is on the up.

Never mind the dual listing confusion, that will be settled in due course. Take a look at uranium spot prices over 3 months and the sp rise of Cameco and Energy Fuels.

The future is looking brighter for uranium miners than at any time in years. Subject to BKY delivering on its project timeline investors should do well, possibly very well.

Agreed, fake news and thin volumes. Just purchased a few more, 2,500 leaving me about 19% down overall which is not great but I remain of the view that the original drop was over done

I am disappointed at the present share price but take some comfort from the fact that on 27 July 17 a director purchased 900,000 shares at 5.1p.

One assumes he wants to see a return on his investment?

Thanks Bob, interesting price difference.