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i think most of us said ages ago, the renewables rubbish wouldn't make any significant money. looney thought he could pay £1bn for a crown wind licence alone and still make money. well, orsted's well documented troubles have proved that to be grossly wishful thinking. archea energy and traveller's were also dumb purchases by looney. only oil and gas can make serious money for bp. the rest is capital being ****ed away to appease the green religion.
at this point, what credibility will murray have after a reversal of a strategy of which looney and he were chief architects against good advice and obvious logic?
the whole board should resign en masse including murray and invite offers from larger peers. i will take 650 equivalent in shares in a chevron, exxon orshell that isn't embarrassed by what it does. or 700 cash.
all imho dyor
happy
i don't feel shien is the threat it's made out to be.
i think our customer proposition (including fast, local delivery), brand value (being western and not chinese) and superior website / marketing clearly differentiates us. just look at our reviews on trustpilot v shien.
if there's been an issue, it's that asos and boohoo (to a lesser extent) have in the past been too keen on selling fruity and weird looking clothes that no-one with any self-respect would be seen wearing other than the most militant lgbtqers. i posted some examples on asos site months ago. here's one that asos have thankfully managed to clear from inventory:
https://www.asos.com/asos-design/asos-design-pleated-skirt-in-brown/prd/202923922
sell good quality clothes, designed so that most people - straight or *** - would be happy wearing them in public and display them attractively online. cut out the weird stuff. it's that simple.
we are getting there.
all imho dyor
happy
Based on past major updates, Boohoo can be a leaky ship so any significant SP movement (+/- 10%) before results either way would be very interesting.
We largely know the historical FY results from past statements so expectations are very low. It's the outlook and guidance that will be of most interest.
All IMHO DYOR
Happy
One of Shell's best quarters in recent memory. Sets a very high bar for us here next week.
It'll be interesting to see how Murray does. With all this talk of Shell / BP relisting, it's worth pointing out that larger proportion of our barrels are produced in the US (v Shell). We are the ideal candidates for a US move.
All IMHO DYOR
Happy
A wonderful company to hold.
Just wish they would increase the cash dividend back to pre-Covid levels because they can easily afford it.
All IMHO DYOR
Happy
£20 looks odds-on soon.
https://www.londonstockexchange.com/news-article/GSK/1st-quarter-results/16448807
All IMHO DYOR
Happy
Behaviour of some PIs illustrates why they are suckers for corporate incompetence or malfeasance (although no evidence of latter in this case).
What conceivable reason could one have to hold after yesterday's dire RNS knowing a suspension looms?
All IMHO DYOR
Happy
Https://www.londonstockexchange.com/news-article/BOO/notice-of-results/16446392
At this point anyone thinking of buying is much better off playing the national lottery.
But the buyers give a chance for sensible investors to recoup some value even if it's not much.
Gl whatever you decide.
All IMHO DYOR
Happy
Very poor advice.
Take what you can salvage and move on.
All IMHO DYOR
Happy
Gives existing shareholders a chance to exit. They may be worthless but at best they are worth a few pennies.
Let's see how the markets react.
All IMHO DYOR
Happy
This is poor.
"This non-binding proposal is dependent upon, amongst other things, the Company securing these performance guarantees, and would require the conversion of a significant proportion of the Group’s existing debt to equity."
And a poor update on current trading.
It's curtains here in terms of existing shareholders preserving much value.
All IMHO DYOR
Happy
Share is still so cheap it hurts but would hope to see 20p sooner rather than late. When will we break out?
Oil look strong and stable so should be a real tailwind at this stage. And Latin American politics haven't looked this benign for a long time.
Am I being too optimistic that we will see 20p this quarter?
All IMHO DYOR
Happy
Market clearly agree with you and not me.
All IMHO DYOR
Happy
Https://www.londonstockexchange.com/news-article/JD./jd-sports-proposed-acquisition-of-hibbett-inc/16435149
Huge increase in debt to fund it. Obviously management think JD is ex-growth and need a major acquisition to boost prospects.
All IMHO DYOR
Happy
Yes, the weakening pound.
All IMHO DYOR
Happy
First time in many many months and first ever buy in ultra high quality ISA (this stock now qualifies as a strong recovery candidate).
We shall see....
All IMHO DYOR
Happy
Boo doesn't have the inventory to clear and gross margins have been sustained through the cycle with much better commercial management and cost control.
I think the chance of a major upside surprise is growing here. We should be up 10% today. The SP appears to be completely out of sync with our prospects going forward.
All IMHO DYOR
Happy
Https://www.londonstockexchange.com/news-article/SDRY/superdry-plc-proposed-restructuring-plan-equity-raise-and-delisting/16424307
Sadly game over for PIs.
All IMHO DYOR
Happy