Member Info for jollyspeculator

jaffas..posted that the sp would never be 18/19 I posted that was rubbish ...clearly I am right (whatever happens) cos it is never true that a sp will never be x or y...and it is dangerous delusion to believe you know what is going to happen next ...jaffas apparently sold up anyway so he doesn't take his own posts seriously

enough margin of safety...glen and here (and kaz) look like option value punts (ofc opinion only) ...rio and blt look more solid given their v low cost ops and low debt ratios...dyor, all ...the fun hasn't started yet ..Autumn crash in the air imv

and sub 20 is now almost a likelihood imv ...then the Jolly bargain hunting will begin

tawse I'll be polite: re read my post ...simple english: I am rubbishing those who post that 19 is impossible ...think/read before you post pls

is worse than nothing imv

debt to Apollo??

nowhere near marginal cash costs for iron ore imv ...esp with expansion of low cost supply and devaluation of brazillian real ...and iron ore is what matters here ..have a nice w/e

heavily flagged...so no...impact zero imv

from flipped out profit ...impressed by cash generation/outlook ...slightly put off by sp decline ...may add sub 5p

so did add 8k@12.15p ...difficult balance...but 25% upside to bid and 20% ebit yield just swings it 4 me

somewhere between our PoV's may be reasonable position ..it has been a v v long road...and not enough light to really encourage ...I agree drift is on the cards

there may be trouble ahead ...that balance sheet needs a good hard scrutiny imv

took its time...but it is cheap on ebit yield of 15-20% ...plus growth potential ...dyor, all

patience...it's the massive uncovered/mismatched risks imv

if ennismore capitulate, the sp would rocket ..esp if long biased funds joined the fun ...breaking upwards from 35p will help imv

low volume but interesting nonetheless

desperate times for oil industry worldwide as they frantically adj to reality ...the bloated budget of the oil states worldwide will have to be shrunk ...and if mayhem erupts in some of those states then that may trigger trend reversal ...otherwise its back to 1998 imv: so 15-30/bbl or a touch below (all accounting for inflation in the past nearly 20 years)...for a while...and then either up if renewable tech hasn't arrived..or final death dive as saudis pump for all they are worth in last era of oil)

still amazingly over valued on ebit yield and oil sector / price for 2016 looks v v weak (as evidenced by rdsb and bp shares and all the e&p sector) ...avoid imv

terrible sector...and aggressively bought other businesss at wrong time

taking one hell o risk here