Member Info for jaskk

Thanks for that information Gate13Boy, it seems I may have been wrong to be complacent. Ive just looked at there account going back a number of years to ascertain who they are dealing with and its not just my space, but Parasol Homes, Inclusion Housing CIC, Falcon Housing Association which are there largest clients. I certainly wouldn't top up now until things become clearer.

I think this has been falling due to DXY being overvalued and the dollar falling along with boring defensive stocks being currently out of favour as everyone chases growth on the back of peak inflation along with the belief interest rates have now peaked. I suspect this, along with bonds will begin to do well as markets now begin to focus on recession in the real economy.

Its being shorted on the back of problems elsewhere in Civitas, Home, etc Yes the rise in interest rates are also affecting this, but that has been on the cards for a while and was only ever going to go one way now the banks are strong enough to withstand a recession. I suspect that there will be some good property opportunities coming up for companies like Triple Point to snap up when the time is right at some point within the next 18 months. Ignore the noise - it's the credit rating on the debt that's important, here it is good and on a low LTV, based on an independent valuation.

I think this stock is currently being driven by dollar sentiment, just a guess.

I’ll wager instructions will be higher this year as distressed sellers are forced to sell and the market finally decouples from it being a decades long sellers market, to a buyers one. It’s been a long time coming and one of the biggest problems Estate Agents have faced has been a lack of instructions as people didn’t sell, but chose to let and buy with any equity they had accumulated with another mortgage. That is now changing. Interesting times.

Agreed. It is quite telling that the bosses of all the major energy suppliers are all falling each other to help, it's almost as if they are worried that nationalisation is on the cards and with it the high wage/bonus gravy train.

So did I, having read the agreement, it is too ambiguous and complicated. Who knows where the oil price will be when or if it completes. In the meantime there is always the risk that shares could be suspended again. I think that's why they put in the sweetener with regards to preference shares, to encourage people not to sell. I think the safer oil play bet at the moment, will be one of the majors who pay dividends.

Am I correct in understanding that the current hedges that have worked against Tullow in this high price environment, would be null and void when they merge ? They certainly won't need the hedges as the debt problem will be sorted.

I’m more concerned that the percentage of unlisted companies keeps growing ( currently over circa 30 % ? ) due to redemptions. Having already been bitten by the Woodford funds due to a similar problem, could the same be happening here ? Not a prediction, just a question ?

There is a story in the newspapers asking for a boycott of Holland and Barratt due to its Russian owner. Maybe the reason for the fall. Too much uncertainty to hold anything at the moment.

Cookie1970 - C**t

It deserves to go bust. It has produced the steel for the tanks used to murder Ukrainians and for that matter so should any other person / company associated with what's going on.

Deal won't happen as will need shareholder approval. Good time to top up.

Share prices are too easily manipulated ( think share buybacks etc ) and they need to concentrate on the fundamentals of running a company. The share price is secondary and whilst many maybe unhappy with it, they need to concentrate more on those fundamentals and whether the company is making money/progressing.

Reuters report behind recent gold rise

https://www.reuters.com/world/china/exclusive-china-opens-its-borders-billions-dollars-gold-imports-sources-2021-04-16/

Released late Friday via Reuters and what is probably behind gold rise

https://www.reuters.com/world/china/exclusive-china-opens-its-borders-billions-dollars-gold-imports-sources-2021-04-16/

Thanks for that lol. Good luck with the short !! ( not )

It's not just vaping that will be the future, but also cannabis and they mention canaboid use. Smoking may not be for everybody, but just like alcohol, sugar etc it should be a personal choice, regardless of where you stand, everything in life is a balance. Even too much exercise is bad for you ( or certainly the body/nervous system ) !!

People don't buy shares anymore based on fundamentals or to hold. It seems technicals and short term plays are more important to the new generation. I would look to buy at under £40 at the next technical support level. This is a good company and long term will do well.

Interesting that Warren Buffett has recently bought into Pfizer. One of only two stocks since the crash last year. Certainly nice to know that the new JV healthcare division will have the backing of someone with deep pockets who tends to be a buy and hold investor.