Member Info for johnpwh

Well that was fantastic timing wasn't it, my inaugural purchase a couple of days ago at > 77p!

Ha! That explains it
PoO not looking happy. Surely the more it drops the more the likelihood of cuts following December 6 meeting? In a sense (stay with me on this one) a continued weakness in PoO (and consequent weakness in our SP) may long term act in our favour? Any thoughts?

19-20 knots? Has the Captain discovered another couple of gears he didn't know about?
Either that that or there are 'kin strong tides round that area!

Of Arzu North drilling.
Very impressed by he array of coloured wheelie bins. Nice to see them taking recycling seriously.....

Wellwell
Impressive seafaring knowledge. Afraid my RYA Day Skipper training falls well short of that.

I'm sure no offence was taken, the reason wasn't obvious from the RNS.
Obviously thoughts with the individual concerned.
If you have any questions you wanted to put to the Directors I am happy to put them on your behalf
John

Hmm. -0.24%.
And the day started so well!
Chin up chaps, Rotterdam tomorrow

Yes is disappointing.
I suppose arguably running both events on the same day in the same place saves a bit of expense.
And means Dr S can don a reflective and do a bit more digging on 3rd!
Will be sorry not to meet you

From what I have been reading we need to see cuts of about 1.5bn to properly stabilise things. I don't profess to know, I just hope it happens. We'll see

Wellwell

I agree with you, but he's Teflon isn't he? They cant pin anything on him, particularly a) when he's President b) rich. Think that's more a comment on the American justice system.

Assume you have seen the Shareholder Update Venue/Date change RNS.

See the sellers are out in force again.

What I'd like to see is the Saudis cancel a very, very small part of the arms contracts agreed or implied with the US, award them elsewhere, just as a warning shot. Think PoO would recover quite nicely.

Trump has KSA over a barrel? Why, what's he going to do?
i cant see why KSA cant tell Trump where to shove it where the sun doesn't shine, any more than Trump can dictate to Putin. The US has a reported $100 bn in arms deals at stake with SA aside from them controlling of a massive amount of crude.
Trump cant push the Saudis around like the tinpot regimes he is used to bullying.

Saw it written as PoO earlier, rather than POO, somehow seems nicer!
Just read an article where JP Morgan have predicted Brent at $73 average in 2019, reducing to $64 in 2020.
Now I know these people just p*ss in the wind, but if they were by any chance on the mark I would say that might work well with HUR, especially for those who want to unload some of their holding in 2019.
Ignoring the consumption side and concentrating on production, PoO is surely constrained in the £65-$75 range (I know that is one hell of a thing to ignore but I haven't a clue. Logic tells me that consumption will never vary by more than a few percent, especially with a growing world population). Any more than $75 and the US shale producers will go flat out, and any less than $65 the shale producers will rein in and OPEC+ will cut to maintain prices - OPEC found out the hard way in 2016 that trying to force shale producers out of business due to floodng the market wont work?Anyone agree?

Given that speed is now 6.9 knots I think it fair to assume that is speed over ground. rather than speed through the water. You would expect the latter to be fairly constant. Haven't looked up the tide tables but I think the English Channel will be fairly tidal because of its funnel shape.

Got a wiggle on now. 10.3 knots. Could almost pull a water skier

Reappeared on Vesselfinder
https://www.vesselfinder.com/?imo=9190028

Seems reasonable.
Hooked up on 9th, FOIL RNS 10th.
Ok. I'm joking

Small stake, having sold half of both my National Grid and United Utilities (don't trust that Corbyn chappy, seems a thoroughly bad sort).
Here's hoping I don't bring you bad luck!

No RNS because there is nothing to say I expect.
They wont relist just because they have convinced city investors to support them. The situation has to be understood first. It wont be just up to them, I would have thought that AIM (though God knows they are fairly lax) will also need to agree.
I saw some comment, may have been on ths board, that they may relist then be taken private immediately. Nothing would surprise me to be honest. All I know is that Luke Johnson nearly lost a huge sum of money on this, and that he will be pretty hands on when (ok, if) it returns. That is why I am interested, he may not be popular but he seems very capable. This seems to have happened when he was spreading himself to thinly.
As for Grant Thornton, yes they should be taken to task. Does raise the question why KPMG dont face similar censure over the Carillion collapse, a far larger failure. A cycnic might suggest that GT maybe havent got the same political friends?