Member Info for hopeful118

Well assuming that the whole 20% pay for the site in 5 years bit is actually true, I'd say they'll be able to borrow a lot and the company will grow rapidly.

Would rather pay tax on something than have nothing tax free!

Hopefully won't see a 2nd year.

Buysellrepeat
I agree, something along those lines, no one wants to look weak, it's one of the great problems of war, trying to strike that ballance between looking week and being the aggressor.

No more war please :(

Yeah, this whole situation could work wonders for China. It's realistically the only way out for Putin. If they carry on as they are they'll eventually burn out but if they take China's peace proposal they can still spin the yarn that it's in the name of national security and play the victim. Not only that but it gives the west an excuse to drop sanctions without looking like they're weak. It's a big move by China and one that both sides can effectively save face whilst ultimately China looks like the best party in it all. I wouldn't be surprised if they had this plan al along like a game of chess thinking several moves ahead. I've always said the Chinese are smart and will eventually win. I just hope they're not as bad as our media makes them out to be, otherwise we are screwed.

They've had stuff like that for years; our main threat is financial collapse or rights issues if they don't get this site up and running!

Just think if it like this, we have more money coming into the business and over time the business will become stronger and therefore the SP will rise. you've ot to have patience; I've been holding these for three years and I'll probably be holding for 3 or more years.

Anton
what kind of SP would we see if Kenya and Ghana go well?

I'd imagine we might see a bit of consolidation next week but ultimately no one knows. I see this stock making a nice creep upward from here on with a possibility of a few big moves linked to the war and inflation.

that should Isa I would do it in an instant

ed1
I'd love it if we could have no defence spending and if presented with the option of world peace for which I would have to give up my RR shares I wouldn't do it in an instant. Unfortunately that is not the reality, peace is realistically maintained by a combination of dialogue backed up by a very real threat of force.

I wasnunder the impression that we can't sell the russian assets due to being based in an "unfriendly country".

I think the main aim of the west is to leave Putin/Russia feeling like they made a mistake. Even if Russia does succeed in taking territory it will be at such a high cost that it will deter any future attempts. I can definitely see this leading to big military spending over the next 10 or 20 years. I wonder on what terms peace can be struck.

Noticed there was news talking about the windfall tax, maybe a U turn incoming from the government?

Quick google says vinylidene chloride is used to make cling film.

China are tired after Covid and want to get back to business as usual. I'll be interested to see how this is managed with someone like Putin who doesn't like to be told.

JAB you make some very interesting points. I've not really taken to serious political thought since I gave up on politics and focused on making money. Your comment about China is bang on the money I would say. At the moment China looks like a low level villain but if they succeed in brokering peace it could totally transform the way the world sees them. I think in regards to the aid they probably don't trust Ukraine with too many weapons but they won't admit that.
Although we'll probably never know the truth. Maybe they want Putin to burn out militarily and politically so they don't want to go in too big. A bit like in Poker when you make small bets to fool your opponent into thinking you have a week hand.

The thing I don't get with the sanctions against EVRAZ is that the business is still functional in Russia and is still supplying steel. If the sanctions actually stopped EVRAZ producing steel then it would make sense but it only stops UK transactions so the russian side which is the most important part to disable is still functional.

https://www.theguardian.com/business/2023/mar/03/oligarchs-lawyers-uk-caused-serious-hardship-freezing-assets-eugene-shvidler