Member Info for jockosjungle

Ignore Motley Fool, I think the reason I was ever originally invested here was an article hyping this share at about 25p or something, I've been averaging down ever since and now sitting on a 5% profit! Happy with it at my price point but am a bit concerned it's about a third of my portfolio. I shouldn't complain really because a month or so ago it was about a fifth of my portfolio. Now we are producing I'm happy just to be a LTH in the green

Just added some more, I was down to the 100 OBC shares in my SIPP which were 50% up at one point. They're now hovering about 20% up so this is a nice opportunity to buy a few more in my ISA.

Had a great time on IONA at half term, the reports in the press of people dropping down with sickness was massively over exaggerated IMO (and almost all on board). My son spent the last day with a minor sickness bug, but he certainly didn't have Norovirus.

I thought that people who didn’t pay taxes were “smart”

How things chance, on Iona at the moment. Having a great time

On Iona now, been hitting the food hard but not to drop it that far. The ship is rammed should be could for the profits

The 12% rise day was a little odd, it's still risen quite a bit in the last month or so, so I'm overall vaguely happy. I actually sold about £500 worth at the very top that were sitting in a very small SIPP, they were 15% up so thought I'd like to make some money out of GGP, the large holding remains in an ISA.

If you'd bought in less than a month ago you'd have been looking at a 50% return, that's a decent return for anyone.

Personally I was happier with the 1% steady rises we were getting.

I have a largeish ISA holding that is still a few quid under (I was concerned I'd averaged down so many times I might be invited to join the board). I've also got £350 in a SIPP which is 7.9% up. Can't decide whether to sell the SIPP just to say I made some money out of this. That being said gold seems to be in at the moment and there seems to be some general momentum and good news, should probably keep it for my old age

Just booked the entertainment for my Northern Europe cruise in just over two weeks and saw there was an offer on Wifi for my summer cruise so booked that as well. Also great to see the CCL price skyrocketing, alongside my £390 of OBC so far!

It’d probably say the same thing about any share, bullish it goes up 50%. Does badly it drops 50%.

My friend is always asking it FI questions and it mostly produces gibberish.

I’m confident AI won’t be replacing my job anytime soon

LTT - It sounds like some accounting thing if anything, it would be major news if they'd stopped. It's not a company or anything in its own right, just a trading division of the FIC. You'd just bring a load of people down to do the contract.

Always liked watching FI housing getting built, I like a bit of DIY myself and I'm fairly sure I could have built one myself with a bit of help. Just a big model kit really.

There is just so much work down there, military always building, civilians always building. There is a constant demand for things needing replacing, but what's the point if you can't find someone to do it for you. The new port is a good example.

Some new tenders went out this week to local companies, a bit vague about what they want but it was "onshore supply base facilities and service."

I've not heard anything about FBS going under, not even sure it's possible to be honest. Certainly it's not been in Penguin News or been mentioned, which it would if people were being left with no house builder. They got a massive contract to build about £20m of houses not so long ago, so it'd be big news if it had actually happened.

Certainly a bigger story than some Christmas 50ps not being legal tender.

Whilst I'd love to see 9p and my shares in profit after a lot of averaging down, I'm always pleased if we keep fairly steady after a large rise.

Good update, I wonder how much of the 33k oz of gold belongs to me based on my shareholding?

Hard to know what effect the "drill baby drill" will have on the market, really it's just a bit of sentiment and change in attitude, they'll maybe reverse previous bans on oil exploration and so forth.

But this is the issue when oil prices are high, everyone starts drilling for oil and spending the money in their heads. Remember the Scottish Independence pitch? They were going to be rich off oil, not sure how that worked out for them in the end. The oil prices later crash and suddenly all these plans go to s***. Fundamentally this is what happened to us with Premier.

Friend of mine used to live in rural Kansas, pretty much everyone lived on about 100 acres and most people had an oil well on their land. I think they only got turned on when the oil price was $60.

I can't see anything involving Donald Trump is hitting the share price, his views have been well known for years and I don't think him starting his term makes much difference. The price is always going to be a bit volatile

Everything has took a bit of a tanking today, only my miners seem to have bucked the trend.

You need to take the percentage rises and falls with these shares (and similar) as a couple of rogue trades at the end of the day can send the stock up or down a bit, so not unusual to see a 5% up one day and then 5% down the next, in reality the price hasn't really changed at all.

You can't expect an endless rise and you can't expect people not to sell. Ok 33p yesterday was not the promised land, but it's a 200% rise from my 11p start. That's not a bad return and I've vaguely watched shares I've previously held now worth nothing (and also I sold Rolls Royce for £1.30, that was a 30% profit!) so you can't really blame anyone for taking a decent profit - everyone has different goals. I only ever started investing because got sick of 1% on my redundancy money.

I'm pretty tied to the FI anyway, so in this one because I think it'll actually eventually get done.

Ralph - smart Alec or not, you stated what you stated (agreed based on the UK) with a view that the FI was immune to such things. Firstly it’s not, secondly you have no idea whether it is or isn’t. Instead you chose to make rude comments when this was pointed out.

The FI decision on oil is nowhere near court cases, you can’t have looked very hard if you can find no court case on oil. I don’t even think we got a result on the recent environment consultation.

Ralph - Of course I can, but surprisingly I won’t be trying to engage someone in a sensible discussion whose general response is to call people names.

if you’re genuinely interested take a look at the court decisions on their website. Which presumably you have not done.

Yes and salmon farming is still ongoing. Decisions challenged and plenty of money spent in reviews, and so forth. The idea that FIG say and it happens, just isn’t true. Plenty of avenues to challenge any decision.

It’s challenging the uninformed view that the Falkland Islands is somehow immune from protests or legal challenges.

Why is everyone getting rich from oil? How does that work?

They did not support salmon farming, it wasn’t wanted when I was there (nobody wanted it as far as I could telll) Yet it’s still rumbling on, being challenged in the courts. Three years later?

Plenty of people there who can protest,l and you seem to have no real understanding of the place or the Judges they have. But feel free to share the judicial decisions that back up your views.

Not really seeing the need for the rude post

Why is there no chance of “nutters protesting and starting court cases?”

It’s got courts the same as anywhere else and no shortage of interesting people with time on their hands. Salmon farming seems no closer to happening now then when it was launched, various protests, consultations and judicial reviews later.