Member Info for fecm

"Rockhopper showed a good set of figures with further strong cost cutting and the Navitas deal validating Sea Lion."

A whole years work summed up in 16 bullet points.

Surprised the sp has held after that, although I guess much of it was expected. Hopefully once we exit from this virus lockdown, things might start to pick up. A settling down of oil prices will help too. Just got to sit this one out, which is something we should be pretty good at by now!

"In response to recent external events, cost reduction process initiated to scale-back headcount and activity at Sea Lion pending an improvement in the external macro environment"

Laying people off / Salary cuts?

Actually PMO have risen by 107% whereas RKH have risen by about 75% from the lows. So not a huge amount in it, certainly not stuck.

PMO have walked away from 88E following their poor result at the latest drill. Good news for us? More focus on SL?

Must have been a case of mistaken identity :)

Anyway, wishing Boris well. Just goes to show how nasty and random this virus is. Lets hope the world effort being applied to it results in it being brought under control in the shortest amount of time.

Barnyard, I managed to resist huge temptation in piling in today but resisted an did a small top up on two investment trusts I hold. Have been doing this for 3-4 years and get a nice small divi from it which gets blown on RKH lol. Interestingly, the ITs have faired well over the last few weeks.

System must be choking on the amount of blue it's had to use today lol.

or are posts disappearing from the board today?

Ha ha I'm not, although my simply being in RKH probably contradicts that. Portfolio a sea of blue today which is a refreshing change. I know it won't last but certainly lifts the spirits. Hope Boris pulls through on the oxygen, sounds like he's been overdoing it on the work front which hasn't helped his recovery.

Fuddstone, I think that is the gamble for this week.

to the new financial year, ISA effect?

PMO having a strong start too, hope we get dragged along with it and at least settle a bit higher. Never thought I'd be wishing for 10p!!

Thanks for replying Barnyard, will keep an eye out for the next drop before commiting fully. Equally will be watching for oil prices to head back north and CV infections to decrease as the beginning of the long recovery. Will be too old to enjoy any rewards at this rate.

Lol, thanks chaps, (or should I say comrades :)). At least you've confirmed I wasn't mad when initially investing there. Won't sell out at a loss and hope they come good one day. I guess all the money taken off the table has to come back at some point as you get nowt keeping it in the bank!

Thanks lsetown, afraid I'm already in Lloyds from 72p and still smarting from the divi cancellation!! Think they will be a good long term company but it will be a slow rise. Banks could still emerge winners from all this. Emails I'm receiving from them gives the appearance they want to help, but ultimately the customers will pay. Spoons is an interesting one as peeps will want to party and holiday hard after this. I'm also 60% down on Vodafone.

Thanks, but think I might be giving AIM a wide berth this year (RKH excepted). No doubt there will be some stellar performers in there, but picking them will be very risky.

Just done my end of year accounts and am wishing I hadn't. I'm down every penny earned last year plus a 50% overall drop on portfolio from Feb. The mood that's left me in tempts me to put everything into RKH in next years ISA.

Anyone got any more sensible investment (that's a joke word) ideas to recoup some of the losses we are all feeling? Which companies are likely to rebound hard post CV?

Certainly a dream entry point if you believe PMO & RKH will survive. Robbed of my Lloyds divi so thinking about throwing the towel in there and piling it in here next week when the new ISA year starts. Well, not exactly piling it in as there's not much of it left!

Just thought it a little strange as he's been pretty consistent with his negative rather angry outbursts, so why now? I don't recall a particular post of his being flagged up on here as breaking the rules (depending on your level of tolerance to the language) or anyone complaining. Perhaps he finally threw the towel in after the drop to 5p.

Hang on, Ollie seems to have gone too.

When did Kurgan get banned? Just noticed that his posting history has been deleted.

73 workers at Great Ormond street have tested positive with a further 318 self isolating. Now is the time to really take care to avoid contact with this virus.