Member Info for Hopeingmore

I don’t have a subscription what did it say

Seem hard number to get through

Thanks for your response workover yes I agree I am not an expert that is why I asked for someone to post an up side I think my view may be a pessimistic version and some of my calculations may be out and yours may be the optimistic version with upside added .I sincerely hope you are correct but it’s good to have both views good luck with your investments

China trade deal makes me worry they are they now sorting the trade deal as they know the virus is getting worse and they need to buy a lot of food as cheap or at least without tariffs quickly

What is the thoughts about if the virus gets much worse how would it effect the price of mcro shares . My thoughts are software will still have to be payed for even if the customers are effected by the virus

Gary Dave were did you listen to the phone chat

But to answer your question I sold at 55 few weeks ago

I had thought ln dec 2019 this could. Be a share that was priced wrong with good income from Vietnam and what was described as cheap drill and recover oil in Egypt but did think the price they payed was more than I would have expected so jumped in they the free shares that were given to the Egyptians were sold and I thought mmmm but might be nothing and now the expense of Egypt is out I can see why they sold as soon as they could .i think the whole deal and the mgt story’s seem less than upfront have been burnt before just trying to warn any that my wish to listen

I can see a drop on the 4 th of feb is there any thought to your post

Kamikaze who has a raised there short position I don’t see any increase

Almost hit the sell button at 740 that was close

On the upside the div may end up close to 10% after all if it keeps dropping

Crisshuch can you tell me we’re the upside is as I can’t see it . Hope I am wrong and
I wish you all the best of luck

I have grabbed the falling knife at 856 hope I have hold of the handle end of the knife

Chrishutch sell and get what you can and take the pain it will only get worse

Fatprofits never mind Warren Buffett being a genius I think now watching this develop over the weekend you may be the genius

This company has been so badly managed its almost looks like they done it on purpose 100 million in the bank with good cash generating oil fields.They then buy Egyptian oilfield that has been neglected because they could see it was unprofitable to invest any more cash. Pharos then pay all the cash in bank and 20 % of the share capital.The Egyptian owners then immediately sell 20‰ shares as they know there is no chance of any upside .Now every penny earned and borrowed is being sunk into Egypt and the Egyptian government is making 50% of any oil sale and Pharos is spending all profit from Vietnam and any bank loans it can get to produce a loss yes this looks so bad it’s hard to say it was unlucky

Buy when others are fearfull.

How exposed are pru to life insurance policy claims due to this virus I mean do they have many policyholders in China or are the bulk in Hoang Kong

I was thinking if last years results include 100m sale of 10% of Peterson then this year will need a £100 m from somewhere to be similar to last years results and that’s without the muddy story About who bought the 10%