Member Info for hasiba

Ammu..are you sitting or standing?

I am back now bunks....
+300 as last night but let you know at 21:00 as usual...
Added Gkp and pmo today at reasonable low. ..not quite the low of the day..
Holding Strong G fully loaded .did not add more today

Hang on bunks...
What are you up to Ammu?
Have you lost something...
we are talking on Mystic Meg...
You came late to this party....I have been adding since G at 56 p....look at my previous posts..
Not selling any ...
I don’t trade G on daily profits..

https://oilprice.com/Energy/Energy-General/Why-A-15-Million-Bpd-Cut-Will-Never-Happen.html

https://uk.investing.com/news/commodities-news/exclusive-trump-does-not-plan-to-ask-us-oil-producers-for-coordinated-cuts--official-2088030

We need $35 tomorrow and not below $30 oil price to continue the speedy recovery..
Rigs counts figures tomorrow will be interesting for the market to push oil price higher...

Performance is HUR and RRE.
G did very well too
Oil price solution is on the horizon and this is the beginning of the end of this damaging oil price war...and this is what the oil market is reacting too. Market doesn’t like uncertainty and in limbo situation..
Another day is tomorrow hopefully as good

I have no complaints!

Sitting on the Toilet..

Correct Hydrogen..
Thanks

RNS..19/3/2020 has many of the useful details ..
Highlights..
(Ongoing strategic delivery from a strong financial platform, as highly cash-generative oil production increased to 36,250 bopd, up 8% year-on-year
Free cash flow ('FCF') of $99 million in 2019, pre dividend payment
This increases to $153 million (2018: $173 million), or $0.55 per share, taking into account the receipt of $54 million in payments from the Kurdistan Regional Government, due in 2019 and subsequently received in January 2020
Maiden dividend declared and $41 million distributed to shareholders
Cash of $391 million at 31 December 2019 ($334 million at 31 December 2018)
Net cash of $93 million at 31 December 2019 (net cash of $37 million at 31 December 2018)
Production cost of $2.9/bbl in 2019
Continued focus on safety: zero lost time incidents and zero losses of primary containment in 2019).

Summary of Shell and dividends risks...
The end-2019 balance sheet showed total debt up 25.5% to $96.4 billion and cash down 32.5% to $18.1 billion – not the kind of dynamic you want to see, albeit with interest expense of just $4.7 billion in context of $326.6 billion.

Shell’s Altman Z1 score – a measure of financial health, especially the risk of corporate distress – is 2.1, indicating that caution is needed. The company is not fully safe from financial distress.

Moreover, such a score may be substantially derived before oil prices having halved this year (a dilemma for risk measures in a fast-moving environment).
It is less risky than BP, however, at 1.24, which indicates a serious risk of financial distress in the next two years“

As the saying...”Don’t step in the same river twice”
Dyor as always

10 cent

28/05/2020

We are going in the right direction but needs oil price to be much higher than the current level..$40+ to get the SP to 130+ unless a bid or gas comes along..
Good day today and more to come imv..just a few days more to confirm its strength to move much higher.....oil price big player for now

I could hear a lot of screaming...it sounds like Leem1..
Nightmare must be for the poor soul...I hope it will be a quick one...lol

God mercy be with you...
I can hear the mobs chanting for your heads...there will be no hiding..
Run boys!

Mind the big gaps today..
G share price £1+
Gkp towards 75p+

“Mission Hawkey accomplished in 24 hours.”
Leem1 in hiding after advising his clients to short Hurricane energy....big nasty mobs chanting for his head..lol
Doomsayers out of the way please

Bunks...Spot on my predictions ,another brilliant guess!
But don’t despair...The good news Hawkey has been in contract with MBS and as I write he is on the turbo Camel descending from the mountains of Erbil heading down across the Arabian desert to meet his highness to sort out the oil crisis....I tried to phone him but voicemail only as he is driving fast and couldn’t reply. ...well done Hawkey of Arabia., and good news expected tomorrow...:) hopefully another brilliant prediction..
Blue ftse and oil..
Genl and Gkp will shine...no ramping

https://www.investing.com/news/commodities-news/trump-oil-ceos-to-discuss-aid-possible-tariffs-on-saudi-oil-wsj-2128181