Member Info for Jim800

No arbitration award - hence 18% drop.

Re second reading - gave Iraq only just noticed they’re losing money? Think they’re still prepared to lose money if it screws IOCs and KRG over.

Turkey gets a say as well - lots of irrational people to get aligned.

In the interests of completeness I’d just point out that buzzards also eat roadkill.

Hopefully not relevant to WG.

It is a big IF and I doubt recent arbitration has made already fraught relations between KRG / Iraq / IOCs and better.

Mutual self interest never seems to be a thing out there!

Tazed - whilst you’re correct there will be a number of smaller shorts that are not shown in the greater than 0.5% figures I don’t see how these make a resistance level below £13.

When the declared shorts were almost 10% did that make another resistance level?

Think you’re confusing two things in that statement unless you can explain.

bet the bod are glad they put all that effort into geographical diversification over the last few years.

oh no - they forgot and just sat on their ****s.

Short position changes were notified on 29 Nov so occurred on or before that point. Nothing to do with Monday’s share price movement.

Looks like that was profit taking or a reaction to HH drops.

Price in USA recovered to $15.99 on decent volumes despite HH down 5% ish.

Might not have been actively priced in but I’m guessing lots of holders weren’t selling on the chance of an award.

Do Genel owe the money or is their GEMBBL subsidiary bankrupt so unable to pay legal costs?

C’mon Simms aren’t you going to reassure them all that everything will be fine next quarter?

Pipeline of projects….

Be on contract next month….

Paid by end of year….

Etc etc etc

Pretty minimal output reduction for logical reason. With that and a potential special dividend on the way I’ve sold Tesco at top of range to buy here even though I missed the 800s. Did manage to get in sub £10 though.

GLA

There is no chance the divi will increase in next 2 years.

Rusty has to prove he can stick to a strategy for once. He has said repeatedly it will be stable for 3 years. It’s not like they haven’t got any debt to pay down with spare cashflow.

Nuri,

Assume you think your comments in capitals are 100% true so does that make your lower case comments untrue?

PS Sarcasm warning!!!!!

Interesting cart and horse argument over dividend yield.

It only rose to 30% ish because the SP fell so much. It was never unaffordable and I don't see why any investors would not be happy with an affordable, reliable 30% dividend.

DEC actually said the dividend was cut so they could allocate the money to acquisitions, debt reduction and BBs after their disastrous and illegal attempt to persuade shareholders to trade the final big dividend for share repurchases.

Acquisitions, debt reduction and BBs might be valid uses of capital but didn't seem to be supportive of the SP in the short term.

Perhaps we are now seeing the strategy paying off

US price rising through $16.40 as HH drops by 6%.

Someone still wants to buy.

Steph,

I’m not actively disagreeing with any of your suppositions; just pointing out that you word them as facts when they most definitely are not.

I hope your opinions do come to fruition but they are not dead certs - hence the share price!

When more factual evidence comes to light it may support your theories - until then they’re still just theories I’m afraid.

In order:

1. We have a 100% uplift coming on this factor alone. Opinion not fact.

2. This is your extrapolation of someone else’s prediction - opinion not fact.

3. Gap will close - opinion not fact.

4. Opinion not fact

5. Opinion not fact

6. Sales growth may change so opinion not fact.

So 6 from 6 are opinions based on possibilities or even high ish probabilities - not facts.

Half year report says domestic local sales are at $34 /bbl whilst Iraq proposal is $16 / barrel for IOCs against Brent in the mid $80s!

Are Iraq talking different metrics to DEC half yearly report? Exporting at less than domestic sales price would be lunacy even if volumes increase.

Steph, you really need to differentiate between facts and your opinions. Both of which are valid but only the facts are “real.”

Yesterday “we are going to go up sharply over next 3 years.” You mean you think / hope / expect. None of those are facts!

Today “Nav calculations on the way up.” Not yet they aren’t, I hope they will be too but that is just an opinion so please qualify it as such.

We’re here to share information not mislead with opinions misrepresented as facts.

@JamesOxford.

Please be aware your highly visual descriptions may be read early in the mornings.

Chocolate pants was bad enough without you adding caramel!

Now I’ve got to imagine Laura pushing things in and out of her green box! Most disturbing. No wonder people are doing U turns.

Keep calm readers.

Looking good but xd might provide a dip for a week or thereabouts so hope we’re not too close to the boundary.

Can’t rely on Wood Group getting ditched, their share price is all over the place in both directions on a daily basis.

Fingers crossed though - can you all stop selling til after 3 Dec please?