Member Info for EmeraldCarrots

and this bug has been around as far as we know since last November. Dec, jan, Feb and now mid March. Take your time, no rush. 4 months or more since it was discovered and we are told "it's a new virus and we are still learning about it". For heavens sake how long do you need? A quarter of one year and "we are still leaning about it". How do catch it? "We think blah blah blah". What is the incubation period? "We think it's 5 to erm.... well......... erm... 40 days". How long can it survive on hard surfaces? Erm... well.... we think it MIGHT survive of hard surfaces for 2 hours........ we think. We think it MIGHT die off quicker on fabrics......... we think, possibly erm...... Can people get it after recovering from the first time? Well ther ehave been a few reported cases of people testing positive after seemingly recovering, we think. Well my current opinion of the pharmaceutical Plc's is they should donate all their profits for this year to the Restaurants, pub's, cafe's etc who will otherwise be going bust..
All INHO.

problems when we are told "no one has any natural emunity". Logically to me that sounds absurd. I need to ask the question WHY 80% of people recover with little symptoms if "they don't have any natural emunity". I say "yes they ****ing do, but you have not done enough reseach to find out! I find it totally astonishing that the likes of Glaxo have no clue whatsoever about a disease that is similar to seasonal flu and the common cold. What the feck have they been spending 100's of billions of pounds on?? In summary we have a "coronovirus", same group as the common cold and seasonal flu, that the multi billion pound world wide Companies, operating for over 50 years seem to know jack *hit about. It's unbelievable. I mean what the hell do their scientists do all day? Watch hose racing or something? Honestly these Companies to me at least have let not only the UK down but the whole World. I'm sure they could have got the answer years ago but are too busy watching their £ profit. Totally disgraceful.
All IMHO.

.

nuts.
Halfords make their money via personal transport. cars/Vans/Bikes/electric bikes/Scooters/Electric scooters.
Now article says Government is going to legalise electric scooters.
Once the hotter weather is here Halfords are going to be making a shed load of cash IMHO.
All IMHO.

now. So erm........... BUT it gained 9% ther other day did it not!!! LOL!!!

What year?

might think you have "shot yourself in the foot", or blown both your legs off!
Brent $40 to balance the books I think your leader said. Looks like we have a tad of a problem here and 25% of your break even revenue missing.
All IMHO.

not improve both could go bust IMHO.
Saudi need Brent North of $50 and Russia need Brent North of $40 as putin has said. Brent is $33 at ther moment.
Both countries talk the talk about their money but I hear neither can "walk the walk" as the saying goes. In reality they are both desperate for Brent over $40.............
All IMHO.

Although i know one vaccine deceloped for Ebola is being tested in humans over in China now.
https://www.theguardian.com/world/2020/mar/15/when-will-a-coronavirus-vaccine-be-ready-human-trials-global-immunisation

From the BBC:-
"South Korea has reported more recoveries from Covid-19 than numbers of new cases; with 110 reported new infections on Friday but nearly 180 people being released from medical care following treatment.".
Their approach involves testing 20,000 people every day.
I think Italy will have some "good" news soon as no virus can spread if people are kept apart from each other.

MP0818.
The USA news about buying 92 million barrels of oil to re-fill their strategic reserve did not come out until after our markets closed. WTI jumped up $1.25c looking at the chart. Also I can't believe Saudi and Russia won't talk again before Saudi open the valves on 1st April, just over 2 weeks from now.
All IMHO.

https://www.sciencemag.org/news/2020/03/why-do-dozens-diseases-wax-and-wane-seasons-and-will-covid-19

https://www.ft.com/content/00a52282-65a0-11ea-b3f3-fe4680ea68b5

longtermthinker.
Also the USA shale Co's are in trouble for the forseeable as I can't see WTI improving much more than say $40 even with a substancial production cut. Seems to me investors in USA shale need to take on board a lot of these oil fields are simply not competitive enough and never will be. Saudi and Russia apparently can make money (all be it a lot less) with WTI below $30. With shale from what I have gathered from various articles WTI needs to be North of $45 for the vast majority of producers, and some need North of $55.
All IMHO.

longtermthinker.
I agree OPEC and Russia need to talk and agree a substancial production cut.
Unless I am missing something here it seems obvious that both are going to be worse off whatever they do, but they will be far worse off if they do not cut. Not cutting also would have far reaching negative implications around the entire World.
All IMHO.

will mean buying about 90 million barrels of USA oil. It must have some effect if they buy in over say just 4 months I would have thought. Probably depends on how fast or slow they buy the oil in.

terrible time. I mean look at PMO. They have 37% of their entire oil production hedged @ $64 until July. Erm 64 - 35 is $29. So PMO are being reimbursed to the tune of $29 for 37% of their entire oil production. 37% of 80,000 b.o.p.d is 29,600. 29,600 x $29 is $858,400 PER DAY!!! Yikes! Firking hell, that is $6,008,800 per WEEK, or $24,035,200 per month. 24 million dollars a month!! Get out the tissues............ if you can find any!

I think PMO are ok for this year, provided the oil price does not sink beow $35 for months on end.
OPEC and Russia could support the oil price but they need to weigh up if selling more at $35 out weighs selling a lot less at I guess $55 ish. IMHO they should cut as Saudi put forward. A low oil price will damage all OPEC members and Russia. What about Iraq, venezuela, Iran, Libya, Nigeria, Algeria? Brent costing $35 now and very possibly less in a few weeks could ruin their economies. What about the share prices of the Russian oil Companies. They must have been crushed along with al the other Plc oil Co's in the World.
I'm hoping Russia is waiting for a fair few USA shale Co's to go under before agreeing a deal with OPEC. Then there may be another million barrels of USA shale oil missing from the market so they don't have to cut so much. I REALLY hope this is what will happen. I fear if Saudi and Russia go full throttle Brent will end up sub $25, or worse. Then all oil Co's will be in the *hit plus all Countires in the entire World that rely on oil income... obviously including Russia.
All IMHO.

vaccine people working on a vaccine I have a feeling it will be avalable in about 10 months time rather than the 12 to 18 months time frame. Still too late. We need a vaccine NOW, or latest by September, so within 6 months.
Once the hispital workers have been innoculated and then the elderley things will get back to normal. Trouble is looks like next year!

"Premier has hedged c. 30 per cent of its full year 2020 oil and gas entitlement production at an average oil equivalent price of $60/bbl. ".
So 30% of all production (both gas and oil) from now until end of year is hedged @ the equivalent of $60 per barrel.
OK. So if you are guarrantted $60 for 30% of your production what do you get with oil @ $35?
70% of your oil is at $35 and 30% at $60.
$60/100 x 30 = $18
$35/100 x 70= $24.50.
= $42.50 per barrel until end of year assuming Brent is at $35.
However what if the gas price sinks to a lot below whartever it is at the moment?
or Brent sinks from the $35.
Then again Brent & Gas could go up!
All IMHO.