Member Info for Jim800

Ah, a pipeline of projects!

Have we ever heard that before…..,,,,.

How’s that worked out for the SP over last 5 years??

Payment for completed projects would be much better.

Hope this ride isn’t on the back of Blackstone paying $3.5bn for pipelines from a totally different EQT! 😀

Looks like the big boys are happy to invest.

Blackstone is looking to buy $3.5 bn of LNG pipelines in Virginia and West Virginia from EQT .

They also own Tallgrass (a pipeline operator) and have a stake in the Elba Island LNG facility.

They see it as “a steady income stream.”

Think you might be confusing KRG the rapper - who does have billions of $$$ of assets with KRG the region which has about as much chance of paying a $2bn settlement as Cornwall does (and has a similar number of assets).

Shorts reducing by any amount is preferable to them staying constant or increasing.

Might not be getting out but they're not getting in deeper - which I'll take as a positive.

US after hours up to $12.16 (£9.41) which I'll also take as better than a US drop.

Gotta find the positives where we can.

Terry, perhaps the FCA need to be reported to the FCA so they can spend months examining themselves for poor performance then do nothing about it!

That’s a lot of money to park 30 Merlins!

Surely all tax breaks are for wealthy people!

But then again, wealthy people tend to be the ones who take risks, work hard and employ others.

Won’t be much tax without them 😀

Bridgewater and JPAM have both reduced shorts now as well.

They’re all slowly reducing.

Why is that the best place when you have to use Excel and a filter?

Shorttracker.co.uk just gives you the info in a tabulated and graphical form.

It also shows movements taking positions below 0.5%

But they both agree on 8.47 for short holdings over 0.5% (though actual position likely to be 1-1.5% more than that with multiple 0.4 ish positions).

No - use short tracker which is updated daily (and it’s free).

Steph,

Have you considered the possibility that SP may never get back to £11.82?

Kinda ruins your investment strategy if it doesn’t - and I don’t think it will.

Arrow street now reducing their short.

Holdings over 0.5% carry on falling (and the graph has caught up on short index tracker).

They really aren’t helping themselves are they?

Announce CEO departure (with no reason) same day as poorly received results.

Then send us all a newsletter about how much they’re spending on biking holidays for all in Tuscany and all sorts of expensive “jollies.”

Until share price improves, may I suggest increased use of Teams / Zoom and where meetings are advantageous, try Birmingham!

If they can’t even tell shareholders the truth about the sudden CEO departure I doubt they’ll be taking listing advice from us.

Guess the point is Directors’ salaries.

Nice lifestyle whilst you search for opportunities to diversify.

Hopefully Q3 update will provide proof that recent acquisitions have been immediately accretive with a positive impact on production numbers and FCF and profit.

If they can show that and pro rata reduction in debt levels (recognising it will increase due to acquisitions) and the new equity holders can hold their shares for a bit we might see the start of a sustained rise in SP and extra pressure on the shorts.

And Bridgewater now reducing short.

Last 6 moves have all been reductions.

Squeeze on the way?

Hi Carl - thanks for reply. Good to hear different views.

Carl (Boo / Hiss),

Would be interested to know why you thought GROW was a good short.

Don’t like the business model? Don’t like the companies invested in? Don’t believe the valuations? Or just think it’s going to be volatile so there’s bound to be a drop at some point?