Member Info for easyp

Opening Quote: Ladbrokes Coral shows how much is at stake - https://www.ft.com/content/3245ed76-3090-3c3b-b50d-ed1f420bc062 via @FT

There is a difference between going to produce uranium ore and actually being in production with mills in place and customer orders. Cameco more likely to be bought out cheap than go bust imo. Uranium One scandal still unfolding and Trump a wildcard President.

17 November may see some see sawing of sp. "Aura Energy Limited (ASX:AEE/AIM:AURA) is pleased to advise shareholders that it has closed a private placement to sophisticated investors in Australia and the United Kingdom and raised A$1,102,300 (�651,360) before costs. Under the terms of the placement sophisticated investors will receive one fully paid ordinary share at 2 Australian cents (1.18 pence) and one option over ordinary share for every three shares subscribed. The options over ordinary shares are unlisted, exercisable at 2 cents per option and expire 12 months from the date of issue. The Company will issue 55,115,250 fully paid ordinary shares at 2 Australian cents (1.18 pence) per share and grant 18,371,750 options over ordinary shares. Application has been made to admit the shares issued from the private placement on the AIM. Admission is expected to become effective on 17 November 2017 and the shares will rank pari passu in all respects with the Company's existing shares in issue."

Yes well I suppose they would say that but I think the focus on FOBT is overdone. WH is a UK company with global reach and what might develop in the USA especially with a Casino Operator in the White House is appealing plus the possibility of consolidation via a bid. Worth buying even at 271p imo.

The fine is an example of Government/political hypocrisy. Share price still gently rising, the business is easy to understand and pays a dividend. While I would like the debt to shrink its not a share I lose sleep over and remain invested.

Not just about Cameco but rather about the whole sector about to get a lift from spot prices, stocks of uranium and a slow but steady re commissioning of Japanese Nuclear power plants post 2011 Fukushima. BKY need to get digging! "Cameco (NYSE:CCJ) wound up rallying 3.5% in today's trade for its highest close in more than a month following news it will suspend production from its McArthur River mine and Key Lake mill because of low uranium prices. Initial investor concerns were outweighed by the outlook for higher uranium prices caused by the move - �This is the type of supply shock that will spur strength in the spot price,� says Cantor Fitzgerald analyst Rob Chang. CEO Tim Gitzel says CCJ is not planning further cuts to uranium output �right now� but has the option of lowering production again without jeopardizing supply contracts - "We have to be ready if the market stays low so we can survive and be viable." TD Securities expects upward pressure on uranium prices in the coming days but believes other producers also will need to cut supply for sustainable price gains; the firm reiterates its Buy rating on CCJ and raises its stock price target to C$15 from C$13 in anticipation of higher uranium prices.

I remain invested in Cameco, sp rose yesterday and I suspect the Canadian Government will tread lightly over tax. Uranium remains a strategic metal and I do not see the Canadian Gov pushing it over the edge into bankruptcy. I also believe the Japanese will re start many of their reactors which will assist Tepco and Cameco.

The way events are unfolding in Saudi Arabia things might be warming up next week!

Re Cameco I cut my stake but remain invested because I suspect Trumpy is going to wake up to the Uranium One deal and start supporting any uranium miners in the US and Canada. For the survivors like Cameco and new low cost mines like BKY the next few years should be good. As always dyor.

I recce your post because you made a valid, fact based point. It also reminded me of an old investing adage of buy after the third profit warning. In essence if an organisation gets into trouble and survives 3 profit warnings they generally get oversold when on the road to recovery. Winter likely to pull the years results down but I remain of the view that Flybe is on the mend.

A Merrill Lynch upgrade gave William Hill its biggest gain in more than three months on Tuesday. Once the UK review of betting terminals is out of the way, attention can turn to the potential liberalisation of sports betting in the US, where William Hill is market leader with a 55 per cent share in Nevada casinos, said Merrill. I also hold 888 for the reasons above.

UK prepares to press ahead with small nuclear power plants - https://www.ft.com/content/bddfda80-c314-11e7-b2bb-322b2cb39656 via @FT FT today, interesting story but show me the contract. If these get ordered then BKY should gain as other countries will follow the UK. Essentially take a RR nuclear power plant from a submarine, upscale it and get it to generate electricity.

Might be a very long wait.....

I was a pilot mamager at Eastern (2005) when Flybe and Jim French were in full expansion mode and while I was envious of the excitement back then as they grabbed a chunk of the BA regional network wiser heads did wonder about the aircraft choices. More recently as an easy pilot I saw Flybe aircraft in Spain and wondered how they could compete against the low cost market. Where Flybe are in the regional market today looks and feels more sensible hence a modest investment.

I suspect investors believe a bid might be brewing. See previous posts.

Bumping along in the doldrums 888 my largest SIP holding sits unnoticed and unloved by the markets. Not selling because it has been a great 10 year investment and I believe 888 will grow and strengthen through future mergers and a wider online market. But for now a sp pause and the dividend date seems a way off.

When I saw it had finally bumped up this morning I almost did a victor meldrew. However being stoical and frankly quite cynical about small cap punts I am going to wait until the sp has passed 50p before celebrating.

At the risk of appearing stupid I bought back in for no better reason than I understand how the business works, see the crews at work and feel the 20% drop was a bit overdone. I tend to use the FT tearsheets for data and look at the charts in an amateurish way befoe buying. After Enron and Tesco the published annual reports could be full of dishonesty so I dont give them much if any notice. It might be that quite afew small investors have bought in for no better reason than everything looks expensive and risky. I could buy BP like the rest but the next rig blowout could be next week!

Interesting, thanks for the update. On that basis cital raising appears reasonable. I would like to see some earth turned over to confirm the exploration data. Hopefully 2018 will see higher Uranium prices and some deal announced as per BKY and the Omanis.

Timeframe all important but not easy to enjoy the see sawing of the last week! I remain a fan of the potential, especially cobalt and in the longer run uranium.