Member Info for Grezzz

The acquisition of Ball Aerospace should now prove its mettle being inside the American economy and we must also consider the broader customer base moving forward. Who TF will be lining up to buy Russian weapons after the s.hit show in Ukraine? I believe our income stream should strengthen.

I'm with Lionheart!

When the American swell either breaks or merely peaks. the tide will flow back to the London markets. All the metrics suggest the London market is significantly better value, and with the inflow of money, liquidity should improve. The American markets have just made it too easy for the last few years.

On the basis our s/p only gained 7.5% I thought it might indicate that the proposal was favourable to AXL and their s/p would reflect that. Not so, down 10%. So which is a buy today, DWL or AXL?

If given the choice, I wouldn't vote in favour at this price. Bid seems opportunistic to me..

Are we in favour of a Guinness sell off? Personally I'm undecided, but for the time being, it will make any short sellers think twice...

My take is we are suffering from an increasing lack of confidence that Rachel from accounts will be in a position to undertake capital intensive infrastructure projects:

From Proactive - "S&P Global reported that companies have been cutting employment at an increasing pace with falling sales and price pressures all pointing to an economy heading for stagflation.

In short, the UK is “broadly flatlining with risks remaining skewed to the downside”.

Even in services, new work at the aggregate level fell at the fastest pace since 2023, with companies citing poor underlying demand as clients limited non-essential spending, said S&P".

Notwithstanding, I've topped-up this morning. Costain has been, and continues to be, a LTH for me :)

Xhita - "So what would have happened if the results hadn't exceeded all expectations........"

Personally, my top-up would have been a bit smaller :)

Added 487 - still dropping...

Yum yum...

As a Shell shareholder too - I liked that article!

I had to check. My last top-up was 26/9 at 382.85 . Quite pleased about that!

As I've mentioned elsewhere, seems to me that USA/West have begun to tighten the choke on Russia's petro revenues by way of sanctions on the shadow fleet, aided by Ukraine's increasing attacks on fuel stores. It's an efficient way, especially for the USA, to destabilise Putin with little cost to them and without overt aggression. I don't think we'll see the oil price crashing..

55p

Mid-winter is a good time to put the squeeze on Russia. Ukraine have been concentrating their attacks on general oil storage and military fuel depots. The latest round of sanctions aimed at the shadow fleet will exacerbate the ability for the Russians to cope with the flow of oil from the wells. If they are forced to reduce or stop flows from Arctic producing regions, they might not be coming back on line any time soon. More room in the market for USA and Saudi to open their taps...

Brent just passed $81, which is nice :)

Peakdread - GST undergoing a bit of a sell-off just now. You may want to adjust..

Someone at the Telegraph seems to have an axe to grind..

https://www.telegraph.co.uk/travel/news/rolls-royce-jet-engine-chaos/

Lordloadsoflolly - Yes, I think we drew similar conclusions from the TU. Unless it starts to romp away, I think I'll hold steady to see how the economy evolves for the nest couple of months, and ultimately wait until my ISA allowance renews.

Finger getting itchy again, but head is suggesting to wait for the TU....