Member Info for johnpwh

Thank for that. Rather bizarrely as a small shareholder (hence I don't monitor too closely) I am reassured to know that!!

Alarm bells start to ring with me when large, apparently well managed, companies have a dividend yield of 10% plus.
Any thoughts?

Thank you Gary

Sadly you are right. I had shares here but thankfully dumped them when it started to go wrong a year or so ago.
Have been burned many times:
Investments in Sub Saharan Africa due to corruption
Pharmacy start ups due to long lead times leading to dilution upon dilution.
Massive 'safe' high yield FTSE company due to incompetant auditing failing to uncover true appalling truth (guess!)
Retail & associated REITs
Dodgy mining operations promising 'jam tomorrow'
Utilities due to over regualtion and comrade Corbyns threats to renationalise
Software companies only as good as their current blockbuster product with nothing similar in the future
etc etc.
What the hell do you invest in these days?
Commiserations. I dodged this one but believe me I know your pain! ATB

Hear hear Biffadog
I think its just because sod all else is happening! No idea why the SP is weak today, it just is!
Gary, you say AM may continue its travels this coming Saturday. I'm a bit out of touch due to festive alcohol ingestion, what source is this bit of info?

No cold water mate. Think we are all wanting the same as you or we wouldn't be here

I would be very surprised if the results for this quarter differ materially from the previous. There will be a few days less production (2x30 day months plus, because it is a British company, I would assume some days over Christmas even though a Muslim country). Average gold price over the quarter will be slightly lower unless there is a sustained rise in December, oil a bit lower moderating costs. Plus the management can 'dial in' the result I would have thought by determining the grades to put through the mill. We know from Biggles report of the site visit that some very good grades are available if needed.

And read this:
https://www.thisismoney.co.uk/money/markets/article-6476457/Embattled-Patisserie-Valerie-chairman-Luke-Johnson-faces-bakery-firm-Gails-going-stale.html

Interview with investor Nigel Wray:. He talks a lot of sense about investing in small companies, and in particular is asked specifically about PV during Q&As at around 18:25.
https://www.youtube.com/watch?v=-z0LNVmFuAc&t=265s

Bloke I was talking to last night recently bid on a very early 80 inch wheelbase land rover in non running condition. It was a provincial auction of belongings from a deceased estate. Been in a (dry) barn since 1960. Needed total restoration, but supposedly from the first 6 months production. With 30 seconds to go he was winning with a bid of £4500. He lost, the final bit was £17500!

For which I apologise.
This video link was posted on another company board, but on listening to it I think its very pertinent to investing in AAU.
Its a bit rambling but found the first 10 minutes relevant. The interview is with Nigel Wray, not Nigel Way!
https://www.youtube.com/watch?v=-z0LNVmFuAc&t=265s

Druss
Not sure when the OPEC+ statement is due. I assmed it would be over the W/E. Might may a big dfference over the next few weeks to HUR.
Anyone know?

Thanks DC. The photos are fantastic, must be very costly to restore a Spitfire but the attention to detail is superb.
I do like old machinery, modern cars etc are just appliances to me like fridges! If I had to chose one old car (of course an impossible question) it would be a Jaguar........but not an E type, an X120 roadster, probably in BRD or Red.
(O/T allowed on Sundays).

https://www.youtube.com/watch?v=rCfU5yBlw7U

Yep, seen it. Nearly gave him a centre parting and a need to change his undies

I see PoO didn't hold on to all todays gains, but cant see any negative news.
This was the article I referred to earlier
https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Hold-Steady-As-US-Canadian-Oil-Rig-Count-Take-Steep-Dive.html

MrJV
I was at Duxford a couple of months back for a classic car auction, and while I was there a 2 seater Spitfire took off. There are a couple of 2 seaters around I think, and I believe both were post war conversions - there was no such thing as a 'training' version of the Spitfire in WW2, you just learned your stuff, strapped yourself in and took off to confront the hun!
Anyway, the point of this is that I looked up the cost of such an experience and while you can spend £5k if you wish, half hour flights are much more reasonable - if you can call £2.5 k reasonable. I have already promised myself such a flight if HUR delivers the goods.
Ps most later Spitfire marks used the bigger RR Griffon engine, rather than the Merlin. A fair proportion of Griffon engine aircraft are amongst those flying in the UK. You can tell because they have a significantly longer nose.

Worth a glance. Apologies if anyone else has posted. I did read another article that claimed US/Canada well count was already reducing

https://oilprice.com/Energy/Energy-General/Oil-Price-Slide-Puts-The-Brakes-On-US-Shale-Growth.html

Oh. Apparently I can send without a message in the box

Hello!

Agree with you SIPP, but may underpin a $60-$70 range for Brent.
Not forgetting WTI Midland is well over $10 less than Brent so I suppose many shale producers may also reduce? They only recently became profitable at the higher PoO price levels