Member Info for easyp

"Carlyle is seeking to raise a $4bn fund to invest in oil and gas assets outside of North America, as the private equity group looks to take advantage of a pullback in spending from some of the world’s biggest energy companies after a brutal downturn.

Most private equity investment in the sector is concentrated in the US but Carlyle’s London-based team is looking at opportunities across Europe, Africa, Latin America and Asia."

"Carlyle is seeking to raise a $4bn fund to invest in oil and gas assets outside of North America, as the private equity group looks to take advantage of a pullback in spending from some of the world’s biggest energy companies after a brutal downturn.

Most private equity investment in the sector is concentrated in the US but Carlyle’s London-based team is looking at opportunities across Europe, Africa, Latin America and Asia."

Another possible buyer, it just requires some positive news on drilling campaign.

http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=27748920&ArticleHeadline=Oxford_Biomedica_could_be_in_line_for_larger_royalty_from_Novartis

Is everyone asleep? The SP should be up!

Energy Fuels UUUU up 8.8% at time of writing but not bad news for BKY providing they get on with production of ore in the next 6 months. Uranium is once again becoming a strategic fuel and Trump wants US mines supplying US reactors. Europe is likely to follow suit imo but that aside the spot price likely to go up if the metal gets dragged into tariffs and trade wars.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BKY&ArticleCode=2jba6b74&ArticleHeadline=BKY_becomes_Spain39s_only_listed_mining_company

Purchased a few today at 228p for SIP as I believe this is a fair price, some risk but Senegal very promising and the tax case might succeed in recovering money this year.

Energy Fuels, Ur-Energy, Cameco pop as U.S. said to plan uranium probe https://seekingalpha.com/news/3370864?source=ansh $UUUU, $URG, $CCJ, $NLR, $URA

Yes and US uranium miners enjoying a good run. BKY the only uranium mine in the EU and with a trade war looming this might help boost profits.

http://www.lse.co.uk/FinanceNews.asp?code=yoa9tdv7&headline=Air_Nostrum_CityJet_sign_joint_venture_to_create_new_European_airlines_group

I remain invested and of the view that Flybe will attract a bid either to merge into a Stobart Logistics like organisation or as part of an industry consolidation seen above.

Market Makers are crooks, not only 5% down but with a spread of 8%

If the sp sinks into the 220p range I would buy back in because at that price Cairn looks very reasonably priced and the Indian tax case a bonus. Wait and see re tax case, not long to go.

"Tate & Lyle retreated after a profit warning from US peer Ingredion, which blamed sharply lower sweetener demand from beverage companies in North America as well as higher than expected manufacturing costs. It was the second guidance cut this year from Ingredion, which also announced plans to close a US wet-milling factory producing high-fructose corn syrup and industrial starch. Its shares slid around 10 per cent in US pre-market trading."

I took profits a while back as I thought it had enjoyed a good run. Were it to drop back towards 550p I would buy back in.

https://seekingalpha.com/news/3369997-wsj-exxons-comeback-attempt-far-proving-unpopular-investors

Running dry an interesting phrase, their oil production figures disappointing hence they might be tempted to buy in some decent reserves. Colombia a possible location for oil majors looking for new fields imo.

Thanks for the posts re value below while it is up to all to do their own research I remain of the view the share price does not reflect the real asset value of the company and it is due a re rating.

Nicely sums up why I took a modest punt here. Offers hope to those who took the drop on the nose recently, wait it out.

https://www.livemint.com/Companies/jiEQ2hC4mUT1Xq7h6Gu48N/India-may-not-accept-arbitration-orders-on-Cairn-Vodafone-t.html

I thought this worth a read as it provides an Indian perspective on the tax case pending. There is a suggestion that while the case may go well in The Hague the Indian Government will argue the court does not have a right to arbitrate on tax. Legally way beyond my little knowledge but my gut feel is that there will not be a full and final settlement in August as hoped.

While a cliche, buy on any dips imo.

If you check out the link PMG Fundamentals above it says as of 2015 the Net Asset Value per Share is 45p.

The FT suggests closer to 70p What do Board Members think the current Net Asset Value per Share is?

Agreed oldtimer I am tempted to bottom feed on the basis that mothercare is still a strong brand but until the sp settles down will await developments.

Good Luck to all invested, might join you shortly.

True, remain positive about north sea prospects, pleased for PMO and feel PMG under valued on potential.

"Yellow Cake's strategy is to be a long term holder of uranium and intends to hold and grow its level of uranium ownership over time. Yellow Cake believes the recent emerging theme of supply side discipline in the uranium market and the industry cost structure will be supportive of this strategy."

Andre Liebenberg, CEO of Yellow Cake, said:

"We would like to thank Kazatomprom for its strong support as a reliable long-term strategic supplier, thereby contributing to the highly successful IPO of Yellow Cake."

Riaz Rizvi, Chief Strategy and Marketing Officer of NAC Kazatomprom JSC said:

"Yellow Cake's successful IPO is another positive outcome in the uranium market, and we are pleased to see the involvement of institutional investors, indicating confidence in the long term prospects of the uranium market."

Spot prices up, some positive political change in the wind and of course Yellow Cake now on the market.