Member Info for EdwardSeaton

You could buy it for nothing at £7, Tiger. It has over £7 per share of cash, with no debt.

These endless tiny transactions are nothing to do with 'city folks', Beza. They are small time investors who are now, amusingly, running for the hills.

The City, on the other hand, is 100% greedy. That's the only reason it exists.

PS Who said this year would be worse than last? After two months, it is better...

I think you credit far more sophistication than is appropriate, judging by the incredible number of tiny transactions, and very scarce large transactions.

This is just blind panic, which from a buyers point of view is wonderful.

12 months ago, anyone would have been thrilled to know that the price of TB coal would be $141 in February 2023.

Many people seem to forget that 52 weeks ago, RB coal was at $127.

Thousands and thousands of completely pointless comments, this one included.

That's really good and useful.

I guess tonnage and destination is just as interesting as the number of vessels arriving.

I look, but I don't record. Sharing the weekly trends will be much appreciated, if you feel inclined...

Yes. And that is exactly what Redbull posted earlier today.

Can you really not see Redbull's extensive answer to this is our discussion this afternoon, 0777brad?

No Beza, I'm not sitting watching with my binoculars! It's sort of interesting to keep an eye on it, but I'm not that obsessed...

RedBull is of course correct - the previous 2 vessels arrived on Sunday. I guess monitoring Monday to Monday arriving tonnage is now the new game to fill the days. But a bit pointless really, as we don't know what is ours.

I'm not sure that's right. These three arrived one yesterday morning and two last night. Earlier in the week, there were two other 160kt vessels, one to China, one to Taiwan.

Three Bulk Carriers currenly tied up at RB.

Two are nearly 200kt and Chinese.
One is 60kt and Indian.

And some say the Chinese don't buy coal from SA...

I note Glencore has today reported EPS of £1 per share, and is priced at 515p.

Thungela will be around £7 per share, yet it's at 995p.

I don't think I did - as I said, the Russians have been doing this for 12 months. The share price knows this already.

I'm not sure I do, Graham.

Yes, Australia is nearer to China, but SA is equidistant to India and ****stan.

And South African coal is much cheaper than Australian coal. Where are you thinking they can buy it cheaper than SA?

As it happens, both the bulk carriers loading at RB right now are going to China and Taiwan.

Graham - you are looking at Australian coal prices. Thungela is South African.

Ford has indeed gone completely nuts. Devoured by extreme wokery, never to return.

But Lookers are clearly pinning their future to brands that actually do make cars that people will buy.

Not new news - the Russians have been forced to dump their oil in India and China on the cheap for the last 12 months. It has to go somewhere.

And I ought to ask where you sourced those prices from?

I trust you are not a holder of this stock then, Graham?

Stay at 4.5p? That's the one thing it cannot do, Knightrider15.