Member Info for Jim800

And a 50,000 buy at 1200.

There’s a rumour out there!

BB, cost of living crisis might make it difficult for some to buy food or pay bills. It doesn’t make it impossible to sort cashflow, complete a project, focus on income or tell the truth.

All buys (and decent sizes) for the first minute and a half after opening this AM.

Someone thinks they know something!

Someone must be expecting stockpiles to decrease or future prices wouldn’t be rising.

The price is simply a function of supply and demand (or forecast supply and demand for futures).

The 527 was the uncrossing trade so not a buy but the bigger one was!

see gg you illustrate my point exactly. you start off with 2 facts on share price and dividend but then disappear into unsupported opinion.

the debt is more expensive than the 2 abs notes but less so than the rcf.

they didn’t have to buy out oaktree - they chose to.

i’d hardly say everything is going to **** - a bad day today for sp but 7 companies in the ftse 100 did worse. are bp and anglo american going to **** as well?

you’ve often been asked to substantiate your wild speculations on empty wells, falsified decline rates, buying at spot etc etc etc and failed each time! so keep your opinions coming, no-one mistakes them for facts.

Just think people need to be accurate if they’re quoting facts or make it obvious if they’re giving an opinion.

Quoting incorrect stuff as facts doesn’t help anyone.

Oak Bloke the same “shorts melting away” - they’re obviously not, Fact! If he thinks they might in the future, fine, but make it read like an opinion!

All Opinions welcome (even yours GG) but facts are more important and need to be accurate.

Buffs - I think it’s a loyalty penalty.

My renewal from Hastings was over £100 more than the new quote I got from Aviva.

Til they start rewarding customer loyalty I think we’ll all be switching every year.

Just about to change my broadband to Gigaclear and mobile to Tesco despite being a vodaphone shareholder.

Move frequently or get ripped off!

Think if you look at a calendar you’ll see that 1st July is actually next month.

If in doubt, read the RNS - it’s kinda what they’re for!

Clued - Malcy is at lunch from 0900-1730 so won’t reply.

He does 3 minutes of cut and pasting every morning and then just mixes the words from the RNS into a different order for his “personal” view.

He’s a muppet - was recommending Genel at £10 - go look now 😀

AoC your rates for ABS notes are correct but your amounts are 6 months out of date. They were almost 10% less than you quote at end of March.

Upper rate on RCF has been 8.66% so it is less than that.

Other advantage is an extension to the fixed rate term freeing up the flexible (but expensive RCF) for acquisitions - no other way to fund them at present.

So your point re ABS 3 and 5 is valid but there are some other benefits. Guess you either trust Rusty’s financial shenanigans or don’t 😀.

Targets from Investor Presentation were to reduce both debt and cost of servicing debt - let’s see at year end.

As it’s your money why not do some proper research rather than just asking total strangers and clogging up boards with your personal issues?

No one cares about your personal leave, we’re just depressed by your stupidity and selfishness.

Agree, but at first glance for those not used to DEC finances I fear it looks like one of two things:

- an extra $610mn added to the debt pile.

- or DEC just moving their debt around as they max out loans (like a credit card transfer).

Many potential investors won’t get the subtlety of using a lower cost loan to pay off a higher cost one and freeing up their debt reserve.

Once again DEC do the right thing but fail at the communication stage.

And that’s related to Phoenix how?

Go on the internet there are loads of tax calculation sites.

So that’s 5 either new IIs or topping up holdings recently identified.

Presumably they aren’t day trading so their holdings, plus BBs, plus extant II holdings are all going to reduce number of shares easily available to buy.

When shorters need to buy there aren’t going to be as many available on the open market. Prognosis for SP looking good.

Add in us non elite investors holding out for break even before thinking of selling and that’s even less potentially for sale.

Looks like he might be freeing up the RCF so it’s ready for another acquisition.

Guess if you’re going to keep buying then doing it when gas prices are low but increasing is the best time.

Just wonder whether a little consolidation and overall debt reduction would be better for SP? Short term vs long term I suppose.

As Trek says - all those money men can’t be wrong! But sure GG will tell us they are.

Auto - thanks for the link.

APIKUR are just the iocs I believe - so this is just saying in public what they must have been saying in private since pipeline was closed.

Hope it achieves something but looks more like just making sure no-one thinks it’s their fault that oil isn’t flowing.

KRG / Iraq: common sense and mutual interest don’t seem to play a role in decision making.

Other than both being income shares I’m not sure they’re comparable.

As an investment company Abrdn has been suffering large cash outflows over last few years and doesn’t seem to be generating market leading returns for savers. Perhaps as interest rates drop more money will flow back to stock based investments.

They haven’t been popular wasting money on stupid rebranding and losing their vowels. OAPs don’t like words designed for teenagers and guess who has the money to invest?

Phoenix on the other hand just chug along with a decent dividend and the possibility of capital gain.

Hopefully GG is on his way to Switzerland (probably via Bridgewater Associates) to tell them they’re all brainless morons who have joined a cult of DEC supporters.

Someone needs to help them and he’s a champion of the gullible.

Anyone got any idea why the jump?

Doubt it’s down to continued local sales.

Arbitration outcome rumour? Pipeline rumour? KRG / Iraq has suddenly become an honest democracy?