Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Hopefully not too long before Q2 / H1 results are known. I am hopefully expecting them to be presented in the same format as was used for Q1; unless they are combined with 2017 finals! This will make comparison easy; we already know cash position & prod stats from Q1 & will also soon have 2017 finals which will make further comparison easy. 2017 finals will not be great as 2017-H1 was L.G.O & Cerp didn�t go cash positive until very late in 2nd half. There are other factors in play including the full payment of salaries to the B.O.D, extra staff hired, extra plant & services all necessary to enhance the production programme. Also costs associated with contracts & legal services. It�s going to be interesting picking through the info to see how the plan is progressing; hopefully much will just be laid out for us, along with overall progress. Personally I would like to see the company buy the necessary shares to reimburse the current B.O.D for delayed salaries on the open market in a non-dilatational manner; thereby sending a strong message to the markets that the old days of printing shares for everything is over. As far as I can see it appears as though we have options etc equating to approx. another 5.8% of the current total shares. Just my wishes & opinion, fwiw. gla JR
On 15th June, new (supertanker) Columbus is to be launched. Admiral Koot firmly in command, remainder of the crew affectionately known as Kooties are headed up by chief engineer Stuart : aka The Extractor. After the Bollie has splashed it’s way down the gleaming bow, she will go directly full steam ahead to Trinidad where she will start extracting the black gold economically. Then on to South America where she has enough capacity to soak up all that’s on offer. It is expected that just prior to the launch or during launch celebrations, a comprehensive corporate plan backed up by RNS will be available. The Admiral has already made it plain that additional tickets won’t be printed. The value of existing tickets are expected to gain substantially. Lth are all invited to a barbecue on the poop deck in Port of Spain, rum punch & limbo competition compulsory though. All a bit tongue in cheek & imo. Carry on Columbus & off into the big blue... gla JR
Accretion is asset and earnings growth due to business expansion, and it can occur through a company's internal growth or by way of mergers and acquisitions. Accretion is also used to account for a capital gain when an investor buys a bond at a discount and holds the bond until maturity. Read more: Accretion http://www.investopedia.com/terms/a/accretion.asp#ixzz4jI8sNxgm One of many definitions. The good ship Columbus now has its bow targeted into the Big Blue ahead. Admiral Koot has been generating much interest. Malcy is impressed!!!! Followed Big MJ advice, doubled our holding & reduced our ave by half recently, :-)) Carry on Columbus gla JR - Sue Ellen & LucyLu ha ha :-))
JR, Sue Ellen & Lucy Lu, we all doubled our holdings this morning Halved our averages. !!!! She is powering up!! Can't wait for the launch of Colmbus + rns Supertanker or Rocket !
New Launch On 15th June, new (supertanker) Columbus is to be launched. Admiral Koot firmly in command, remainder of the crew affectionately known as Kooties are headed up by chief engineer Stuart : aka The Extractor. After the Bollie has splashed it’s way down the gleaming bow, she will go directly full steam ahead to Trinidad where she will start extracting the black gold economically. Then on to South America where she has enough capacity to soak up all that’s on offer. It is expected that just prior to the launch or during launch celebrations, a comprehensive corporate plan backed up by RNS will be available. The Admiral has already made it plain that additional tickets won’t be printed. The value of existing tickets are expected to gain substantially. Lth are all invited to a barbecue on the poop deck in Port of Spain, rum punch & limbo competition compulsory though. All a bit tough in cheek & imo. Carry on Columbus & into the big blue... gla JR
MM'S moved OFFER right up to 2.65 which moved the ave to cause buys to show as sells till 09:20. Got to keep an eye on this today. Somethings afoot - onwards & upwards gla JR
Curtesy of Investopedia: one of many definitions! Accretion is asset and earnings growth due to business expansion, and it can occur through a company's internal growth or by way of mergers and acquisitions. Accretion is also used to account for a capital gain when an investor buys a bond at a discount and holds the bond until maturity. Read more: Accretive http://www.investopedia.com/terms/a/accretive.asp#ixzz4h7puGJhp The only times in the presentation that Leo looked at all weary was when In4 corner with him the SEY question and the point Q on funding/dilution when he replied Accretion & the room went quiet. Good Q's In4. Love 2 know whats on Leo's mind.
Bumped into this today whilst looking 4 something else. It is a TW article, but none the less thought it might bring a smile to U. Put it on here so all can enjoy. Take it TW & DL have fallen out yet again. http://www.*************.com/views/19891/david-lenigas-shares-pain-of-shareholders-in-lgo-cuba-afriag-etc-monaco-yacht-only-36-foot-caption-contest
Apologies for board hopping, but! The petition is going quite well; ~6450 signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
Apologies for board hopping, but! The petition is going quite well; ~6450 signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
The petition is going quite well; ~6450 signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
The petition is going quite well; ~6450 signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
The petition is going quite well; ~6350+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
The petition is going quite well; ~6350+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
The petition is going quite well; ~6350+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.
The petition is going quite well; ~6350+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.
The petition is going quite well; 6300+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.
The petition is going quite well; 6300+ signatures so far. ONLY 1 week to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.
The petition is going quite well; 6250+ signatures so far. ONLY 2 weeks to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.
The petition is going quite well; 6250+ signatures so far. ONLY 2 weeks to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee. If you follow tweeters etc, send it to them please! If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well as So , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so.