Member Info for jqnewcastle

Why？

FT article: EasyJet boss Kenton Jarvis said fuel suppliers will not give guidance on availability beyond the next month.

Suppliers had reassured the airline they have fuel for the next three weeks, he said. “But no one’s really telling us ‘we have no immediate issues in six weeks’, because they’re not prepared to say that,” he added. 

SUFCESSEX, any recommendation?

Mikodx, I share a similar story with you. I bought back WG at 57.227 in Nov. 2024 (after an initial investment with a small gain before 2023) , hoping it would be taken over at a price over 100. I kept buying as the SP continued to fall, which led to even larger losses. It was a dramatic, enotionally charged period.

Fortunately, both my wife and I were very brave (not gamblers), we kept buying until trading was suspended. The chepest price was 17.349. After trading resumed, we sold other stocks and bought even more WG shares between 21 and 25, which produce a decent profit.

Looking back, the experience was undeniably intense. It was educational, and I don't think I will repeat it in the future (though I am not entirely sure I'll be able to stick to this principe, given that I did something similar with SXX a few years ago).

@JamesOxford Got it, thanks.

My HSBC acount shows this security is not tradeable. Have others encountered the same problems?

US to invest $1.6bn into rare earths group in bid to shore up key minerals: Washington to invest in USA Rare Earth as bank run by Howard Lutnick’s sons advises group on separate fundraising

US to invest $1.6bn into rare earths group in bid to shore up key minerals: Washington to invest in USA Rare Earth as bank run by Howard Lutnick’s sons advises group on separate fundraising.

FT article: Wood Group shares jump after five-month suspension ends

Rachel Millard in London Published Nov 6 2025 UpdatedNov 6 2025, 22:20

Wood Group shares jumped as the troubled engineering company resumed trading in London more than five months after its listing was suspended following delays in publishing its accounts. 

The stock surged as much as 38 per cent in early trading on Thursday to 25 pence, reflecting a 30 pence a share takeover offer from Sidara in late August. They had stabilised at 22 pence in afternoon trading.

More information can be found at https://www.ft.com/tour.

https://www.ft.com/content/a8dba7d6-6301-4b32-bb69-b36e909d086b

The market cap is 1.25 m only. It has nothing to lose. This gives at least some hope.

European airlines prepare for record summer passenger numbers

Ryanair, easyJet and Wizz Air point to signs of strong demand despite economic gloom and high ticket prices.

Ryanair, easyJet and Wizz Air, the region’s three big low-cost airlines, all pointed to early signs of strong summer demand, as well as rising fares, in their most recent results.

Airlines are on course for a second consecutive bumper summer, after reporting healthy profits thanks to high fares last year.

EasyJet said it had been filling two planes a minute during its busiest booking periods since the start of this year, while Ryanair said this week that bookings were about 5 per cent higher than at the same time last year, and prices were up “by a low single-digit percentage’.

EasyJet said prices were “well ahead” of the same time last year, while Wizz Air also pointed to strong fares.

“We see positive booking momentum for summer 2024 with travel remaining a priority for consumers,” said easyJet boss Johan Lundgren.

“It’s absolutely supply against demand. People still want to travel and — notwithstanding the cost of living challenges — consumers are prioritising experiences,” said Andrew Lobbenberg, head of European transport research at Barclays.

Analysts at Bernstein said in a recent note that current European airline capacity was “well below its pre-pandemic growth path”, forecasting a 15 to 20 per cent shortfall in seats compared with demand.

“The real issue is that we think there is a lot more demand than what we are able to deliver,” said Váradi.

Compared with Amerisur Resources and Sirius minerals, the take over of BCN is not that bad, particularly if you dared to buy when SP is below 20p last year. I will vote for the deal.

'However frankly I hold a fatalistic view here, I think its pretty much done', I have the same feeling. It happened to 'Amerisur Resource' and 'Sirius Minerals'.

US targets China rare earth magnets for possible tariffs
Biden considers probe of neodymium magnets in bid to reduce dependency on Beijing
https://www.ft.com/content/30dac928-e54a-4925-a1fa-e8bc6a7adae7

Many thanks

Will RRN trade in the main market forever or just for a fixed period?

#PMO CEO Tony Durrant spoke at the @proactive_UK Investors One2One Virtual Forum on 23 April – click here to watch https://t.co/BP3jW3uS1B #OOTT

Don't try to wait for the bottom. You should buy it when you think the sp will go up significantly in 6 or 12 months.

Global Oil Deal Elusive as Saudis Suffer String of Setbacks https://www.bloomberg.com/news/articles/2020-04-10/mexico-reaches-oil-output-cuts-agreement-with-opec-and-trump

https://www.ft.com/content/cbc4d022-6ae4-11ea-a3c9-1fe6fedcca75
Texas regulator and shale executives try to find solution to falling oil demand and prices

Opec has held talks with a Texas state energy regulator and US shale producers about co-ordinated cuts to oil output — an unprecedented move by some of the world’s biggest producers to counter the impact of the spread of coronavirus on fuel demand.