Member Info for jollyspeculator

bought back 600 @ 329

holding 2k free carry...still see bottoming out below £3 as possible (foundries in v weak patch & 5-6* trailing EBIT would give an sp c £2.50...dyor)

but the large player calls the shots

..

looks more likely to retest its low...perhaps dip below £10?

Allenby's update looks regurgitated from release, not thought through...but maybe I'm being grossly unfair

I'd agree with your view that all is set fair

tp: 50P++

out of the money options aren't much of an incentive (or they are a perverse one: management may as well take huge risks)

yep, but this time OPEC+ will probably be better placed to cap prices and smash the high cost/over leveraged US independents

Adj EV is £200m now (incl lease liabilities)

fairly good value...but insiders sold earlier, and it did dip down to 2.30

£15 would do for me

looks cheap vs peers now

but more likely just a rollover

doh..sold half @ c£4

EV is actually closer to £300m!

failed to break higher...

wise words of wisdom

cui bono?

even better now

Adjusting for minority interests, trailing EBIT is £110-120m & EV is c £900m (DYOR all)

but given lack of interest, perhaps retest low of £1.60-£1.70?

could be good old Zambian Understatement

unsurprising if this returns to 13-14p next week

#spiked

a modest buy

classic P&D

v welcome

14p to rebuy?