Member Info for fleccy

"Taken some profit as you never know what will happen over the weekend"

I agree, but the signs are that this could go on for weeks if not months. Apparently costing the US around $2 Billion a day, if I was a US tax payer I'd be Epic Furious 🤣

"In simple terms, today’s trading in Quantum Blockchain Technologies plc most likely shows a large amount of stock changing hands between big participants rather than the price being pushed down by shorts"

Big participants wouldn't be interested in QBT, the largest trades were more in the retail trader range. Here are the top trades by value today:

tradeDate..................currency..price.....volume......tradeValue...tradeType.micCode

2026-03-06T09:12:54Z GBp 0.52 4949808 £25,739.00 Off-book AIMX

2026-03-06T08:53:35Z GBp 0.48 2800000 £13,440.00 Off-book AIMX

2026-03-06T14:38:35Z GBp 0.43 2500000 £10,750.00 Off-book AIMX

2026-03-06T08:05:43Z GBp 0.499 1000101 £5,000.51 Off-book AIMX

I have no Zanab, I'm just saying if it was me in their position it's what I'd do. If you're going to lose the War, why not go out with a bang? I've seen guests based in Tehran, on ALJazeera, suggesting that Iran are initially burning through their stocks of older ballistic missiles and saving the more capable armaments for later. As good as Israeli inteligence are, I suspect they don't know where Iran have placed all their long range capabilities.

Check out this video:

https://www.youtube.com/watch?v=tFalFD2HLL8

"Volatility for you?"

I'm not a day trader, more a medium to long term investor, but my brain is working overtime to wonder how high it might go. I'm currently sitting on a paper gain of just under £27,000, so I'm continually weighing the options.

"Iran has unveiled two primary hypersonic missile systems, the Fattah-1 and the Fattah-2, which are claimed to bypass advanced air defence systems like the Iron Dome and Arrow.

Fattah-1 (Unveiled June 2023)

The Fattah-1 is a two-stage, solid-fueled medium-range ballistic missile (MRBM) featuring a maneuverable reentry vehicle (MaRV) with a moveable secondary nozzle.

Operational Range: ~1,400 kilometres.

Maximum Speed: Mach 13 to Mach 15.

Warhead Weight: 350–450 kg (high-explosive payload).

Maneuverability: High agility within and outside the atmosphere using thrust vector control.

Accuracy: Estimated Circular Error Probable (CEP) of 10–25 metres.

Wikipedia

Wikipedia

+5

Fattah-2 (Unveiled November 2023)

The Fattah-2 is an advanced version incorporating a Hypersonic Glide Vehicle (HGV) that glides at lower altitudes than traditional ballistic arcs.

Operational Range: ~1,500 kilometres.

Maximum Speed: Up to Mach 15 (approximately 18,500 km/h).

Propellant: Solid-fuel first-stage booster with a liquid-fuel HGV second stage.

Payload: 200 kg explosive warhead.

Trajectory: Capable of unpredictable pitch and yaw maneuvers to evade detection and interception.

YouTube

YouTube

+5

Strategic Context

Penetration: Designed specifically to target high-value assets and suppress enemy missile defenses.

Deployment: Reports indicate these missiles have been used in combat during the 2024 and 2025/2026 regional escalations against Israeli targets.

International Scepticism: While Iranian officials claim they are "un-interceptable," Western analysts often question their full mid-air agility and sustained hypersonic performance"

"While Iran's exact inventory of hypersonic missiles is classified, military analysts and intelligence agencies provide estimates based on production rates and recent combat usage:

Production Capacity: The U.S. and Israeli intelligence assess Iran can produce approximately 100 missiles per month.

Overall Arsenal: As of March 2026, Iran's total ballistic missile stockpile is estimated between 2,000 and 3,000 units.

Hypersonic Specifics:

Experts suggest the hypersonic Fattah-1 and Fattah-2 represent a smaller, high-tier fraction of the total arsenal, likely numbering in the low hundreds"

Doesn't look like a spike, the big question is why Shell and BP fell so dramatically at around 14:36; Shows signs of a shakout.

Not many commentators seem to talk about the possibility that Iran are holding back a stock pile of Hypersonic missiles, with the sole intention of destroying Oil infrastructure throughout the Middle East. If the regime know they're finished and the end is going to come anyway, why wouldn't they just go scorched earth and fire off everything in one last giant volley and bring down the World Economy along with the regime?

"Would you like to analyze how the current Brent crude price surge compares to BP's lost revenue from Iraq?

AI responses may include mistakes. Learn more

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11 sites

bp Annual Report and Form 20-F 2024

6 Mar 2025 — Financial and operating performance. We delivered strong performance in some areas in 2024 but had some challenges in others. For ...

BP Global

The British energy company, BP, plans to invest up to $25 billion ...

The surge in global oil prices following the March 2026 regional conflict is currently providing a net financial benefit to BP that outweighs the lost revenue from its suspended Iraqi operations.

While the closure of the Rumaila field is a significant operational hurdle, the "war premium" on BP's remaining global production is more than compensating for the loss in the following ways:

1. Revenue Comparison: Lost Fees vs. Global Gains

Lost Iraq Revenue: BP's profit from Rumaila is limited by its Technical Service Contract (TSC), which pays a fixed fee of roughly $2.00 per barrel. With a net production share of ~123,000 barrels per day (bpd), a total shutdown costs BP roughly $246,000 per day in lost fees—a relatively small figure for a global major.

Global Price Gain: BP's earnings are nearly twice as sensitive to Brent prices as its peers. Brent crude has surged from $68 to over $84 per barrel in early March.

Net Impact: For BP's remaining ~2.2 million barrels of daily global production, this $16/barrel price jump generates millions in additional daily revenue, far exceeding the lost $246k in daily Iraq fees.

BP Global

BP Global

+4

2. Profit Sensitivity and "Financial Maths"

Profit Thresholds: Before the conflict, analysts estimated BP's 2026 profits based on Brent at $50–$60 per barrel.

Current Reality: With crude now pushing $80–$85, the "financial maths" has shifted significantly in BP's favour.

Free Cash Flow: Higher global prices feed directly into upstream margins, easing concerns over dividend cover and debt reduction, which stood at $22.2 billion at the end of 2025"

I'm amazed anyone assigns any enthusiasm to PRN/RNS's like this one, going off the previous releases from this company. On this occasion first a PRN followed by an interview, then another PRN in quick succession possibly because the first release had no positive impact on the share price, so another release hoping to provide much a needed lift. I agree with others on here that this is likely a prelude to a new placing. Is this just another pumping exercise by QBT, who knows? History suggests this will also lead to nothing substantive in the future.

"Would there be any advantage in getting a second battery?"

I did consider that, but most of the time I can run the house on cheap rate electricity during the winter months. I'm on the Cosy heat pump tariff and get three daily cheap rate periods, and although my battery is relatively small as long as the temperature is above 3 degrees C my battery covers the more expensive periods. During December and January there were a couple of days where the battery dropped to the 10% shut off threshold and the house had to run on more expensive grid electricity, but they were few and far between and I don't believe enough to justify a bigger battery. The Cosy tariff allows me to charge the battery with cheap rate (14.3p per Kwh) electricity three times a day, so I effectively get around 18Kwh of cheap rate electricity from my 6.5Kwp battery.

If I had an EV and was on the 8p per kwh overnight EV tariffs, then I would want a considerably bigger battery and would consider that when the time comes, assuming the overnight tariff's are still dirt cheap by then.

The Roof solar (4.5Kwp) and Battery (6.5Kwh) cost me just under £8,500. I've also built myself a Pergola in the back garden and put three 650W Aiko panels (total 1.95Kwp) on that, wired to the spare inverter MPPT on my hybrid inverter. The Pergola, panels, mounts, cable and conduit came to around £1,500, so my total solar installation came to less than £10,000.

My 15 year old gas boiler was on it's last legs and was dying, the heat pump, cylinder replacement and 6 radiator changes came to £5,400. Because my Gas Boiler needed replacing anyway, I just see our 9Kw heat pump as a direct replacement rather than an investment. So far we're saving a small fortune on our energy bills over the entire year.

This is my Pergola I built:

https://i.postimg.cc/pTQ7Mh9s/Pergola-Solar.jpg

Greg spells it out:

https://www.youtube.com/watch?v=mBqOcOQTvoc

"Well my bp shares are rising but does not compensate for the heating oil more than doubling in price in past few days"

We're completely electrified in our household. We have Solar, battery and Air Source Heat Pump. In January our electricity bill for heating, hot water and normal household consumption just fell short of last years combined and Gas electricity bill; December and February were less than previous years. Over the summer we'll be in credit due to solar generation taking care of normal consumption and charging the battery for evening and overnight use, and we'll export a lot of electricity in the summer months to offset much of the winter grid consumption. We're currently over £1000 in credit, so I'm looking at an £800 refund at the end of this month.

Crude creeping up and testing $78 a barrel, makes me wonder if Oil prices will continue to climb going into the Friday evening close; If it does, hopefully BP will break through £5 by the weekend.

Stanley I've just got back in and read the various posts with interest. My view is that Israel have caused more chaos since their inception than most of the rest of the World combined. Israel operate apartheid in the West Bank and kill Palestinians with impunity in both Gaza and the West Bank. Israel tried to push the Palestinians out of Gaza and into Egypt, hoping to make the Palestinians Egypt's problem, but the Egyptians closed the border to stop the Israeli's enforcing their usual beggar thy neighbour geographical land grab.

A high proportion of the Israeli Jewish population believe they have a right to vast swathes of the Middle East, like the Bible is some sort of title deed:

"The Hebrew Bible (Old Testament) contains several different descriptions of the "Promised Land," which vary significantly in scale:

The "Large" Map (Genesis 15:18): This describes a vast territory "from the river of Egypt to the great river, the Euphrates". Modern interpretations of the "river of Egypt" vary between the Nile and the Wadi El-Arish in the Sinai Peninsula.

The "Numbers" Map (Numbers 34:1–12): Provides more detailed, restricted boundaries, generally encompassing the land west of the Jordan River, including modern-day Israel, the West Bank, Gaza, and parts of Lebanon and Syria.

The "Ezekiel" Map (Ezekiel 47:13–20): Reaffirms the Numbers 34 borders for a future restored Israel, specifically identifying the Jordan River as the eastern boundary"

All of this doesn't do the US any favours either, if the Israeli's had built a more integrated society from the start and worked to share the land with the Palestinians, rather than doing everything they could to push them out, the Twin Towers may still be standing, Bin Laden cited Israeli treatment of Palestinians as one of the reasons for the US attack. Israel could be likened to an infected open wound in the Middle East that's poisoning the whole region.

Stanley wouldn't you agree that the US and Israel started this War without considering the effect it would have on its Gulf allies and energy prices for Europe? When the Gas and Electricity bills go up from July, maybe it should have entries labelled as the Netanyahu/Trump consequential levy. Trump underestimated Iran's resolve and sucked up everything that Netanyahu whispered in his ear. Some might suggest that Netanyahu can either hypnotise Trump, or Israel have something on him. Israeli and US Foreign policy have wreaked havoc on the rest of the World for the last 50 years. The US uses sanctions to hold countries down and ensures that they can't grow, who's to say that Iran wouldn't have changed from within decades ago if it hadn't been held down. It seems the more you hold a country down, the more autocratic and angry it becomes. Israel seems to control the US administrations and the US controls the rest of the World, but the hidden narratives are now more apparent in this connected World.

Before anyone thinks I'm a lefty, think again, I'm committed to voting reform at the next election. Lets say Israel get their wish and effectively turn Iran into a failed state, where do you think all the refugee's will go? Probably the EU and soft touch UK, not the US or Israel. Israel and the US cause chaos and we're the ones that suffer the fallout.

"Oil almost red on the day a short time ago after Trump says the Strait of Hormuz will be kept open by the US Navy"

Stanley if you think the Iran forces haven't gamed the US warships escorting tankers through the Strait, you're being naive. Although the US ships have good capabilities to take down incoming missiles, dumb artillery shells are a different matter and a hypersonic missile coming in over such a short distance would be super hard to hit, since it would arrive in a matter of seconds.

A US Warship being hit would be disastrous for Trump and his administration. Sending a Warship into a kill zone, like the Strait of Hormuz, would present an irresistible target for the Iranians. Iran could use a combination of drones, artillery and maybe a hypersonic missile to target the Warship, if I was on a US Warship on escort duty, I'd make sure I'm on the Oman side of the ship and preferably with a lot of cover between me and the Iran side of the ship.

Trump's talking about using Warships to escort tankers through the Strait and covering the insurance should tankers be hit, he'd be taking a massive risk.

I asked AI if Iran have long range artillery capable of hitting ships in the Strait:

"Super-Heavy & Long-Range Guns

203 mm M110 / M115: Iran is one of the few nations still operating these 8-inch (203 mm) American-origin heavy guns.

Status: Approximately 30 self-propelled M110s and 20 towed M115s remain in service.

Capability: Iran has reverse-engineered 203 mm ammunition, which has recently been spotted in use by Russian forces.

170 mm Koksan (M-1978): A North Korean self-propelled gun known for its exceptional range during the Iran-Iraq War.

Range: Up to 43 km with standard shells and 60 km with rocket-assisted projectiles (RAP).

Inventory: Iran is estimated to have roughly 30 of these units.

Standard Large Calibre (155 mm)

The 155 mm calibre is the mainstay of Iran’s modernised artillery, supported by domestic production.

Raad-2 (Thunder-2): A domestically produced self-propelled howitzer.

Design: It features a reverse-engineered American M109A1 turret mounted on a modified T-72 or BMP-1 chassis.

Range: Approximately 30 km with a high rate of fire (up to 5 rounds per minute).

HM-41: An Iranian towed 155 mm howitzer based on the South Korean KH-179.

M109: Iran still operates over 150 original US-made M109 self-propelled howitzers.

Medium Calibre (122 mm & 130 mm)

Raad-1: A self-propelled version of the Soviet 122 mm D-30 gun, built on a Boragh (BMP-1 copy) chassis.

M-46: Soviet-designed 130 mm towed field guns, valued for their long range (approx. 27 km)

Advanced Munitions

Iran has developed Basir, a laser-guided 155 mm artillery shell similar to the Russian Krasnopol or American Copperhead, designed to hit moving targets with high precision"

"The geography along the Persian Gulf coast acts as a natural fortress:

Peek-and-Shoot Tactics: Iranian forces use "peek-and-shoot" emplacements hidden in the rock faces near Bandar Abbas and Qeshm Island. Mobile guns and missile launchers can emerge from a tunnel, fire, and retreat back into the mountain before U.S. aircraft or counter-battery fire can respond.

Concealment: Mobile launchers are often disguised as civilian trucks, making them nearly impossible to identify from the air until they are actually deployed"

"The Hypersonic "Trap"

Military analysts suggest Iran may be attempting to "lure" U.S. warships into the narrow confines of the Strait, where their response time is severely compressed.

Reduced Reaction Time: Standard subsonic missiles can take minutes to reach a target, but Iranian Fattah-2 hypersonic missiles, which debuted in combat on 1 March 2026, travel at speeds between Mach 13 and Mach 15. At these speeds, a missile fired from the Iranian coast could strike a ship in the center of the Strait in under 30 seconds"

It's definitely starting to move up, as we would have expected:

https://tradingeconomics.com/commodity/crude-oil

They just make it up as they go along:

https://www.youtube.com/watch?v=WCkcPcMTYuQ