Member Info for Krakenoil

I hope they scream some sense into Reeves and her tribe of loonies.

They must listen to the industry or face the backlash when the sh 1t hits the fan

Am I being stupid or am I missing something ?

The company loses a massive amount of shareholder money every year - Placing after placing after placing

Changes plans like the wind and fails at every single turn.

The company is grossly over valued in my opinion and to invest here you will lose the lot

Stumpy where’s the SP going over the next few months please ML could do with the heads up

Stump you must have known oil would sell off due to US recession risk at about the same time Iran has said they would attack Israel.

You must have psychic powers. Do me a favour and let me know if its going to rain on the 28th as I want to book a track day at Brands, if its going to be wet I wont bother

ML need to buy a average of £84k worth of stock every day until the end of the year.

Its all doom and gloom again out there, It feels like we've had nothing else but doom and gloom for the past 9 years.

Https://www.thetimes.com/uk/scotland/article/north-sea-projects-stall-after-labours-insane-tax-plans-zklxhk3r5

We just need to stick to the plan take advantage of cheap producing assets up for sale in the U.K. Use our tax credits to pay down debt and pay shareholder returns

If the War between Russia and Ukraine ends then what happens to the Windfall Tax?

This government will back track within 12 months.

At this rate Labour will be gone in 5 years. BP and Shell will stick up the middle finger to the UK and leave for the US, HBR will also leave. That will be a massive loss of jobs and Tax revenue Labour will lose.

What the hell is going on ffs

Dumbly I'm waiting for the likes of BP and or Shell to give the government a ultimatum. I hope they do it sooner rather than later

Unless the volume increases it will take about 30 days to fill the treasury with the first 25m shares and the rest of the buyback programme for 2024 will fail to complete and the market won’t like that at all.

Pete I doubt AB would be looking for a merger, he’s out there trying to pick producing assets at rock bottom prices. Pick out the goodies from Waldorf assets is the best thing for us currently specially with the AK lease dropping c70% next year and the Bressay gas to power it

Surely Starmer and the rest of the Labour party can't be that stupid to see Ed's fairy tale plans are going to cost a fortune and won't work, its a complete waist of public money. There is a far better way to get things actually done, like drop all tax on oil and gas producers but make them invest 40% of the profits into renewables but allow them to invest the rest into new oil and gas fields or face a fine of 75% against all profits. That will allow oil and gas companies to expand the right way, jobs and the economy to grow. The government wouldn't have to spend a penny of the public purse

Pension funds could reinvest into British energy companies again. Everyone would be happy

So they chose not to buy any stock yesterday. Explains yesterday’s sharp drop. But they definitely not manipulating the price are they

I call BS on that.

Voice - If you look at all the trades ML have made since buybacks commenced against daily volumes and the SP during those days you will see a pattern and how they manage to buy at the days low 95% of the time is outstanding, also on days with higher volumes and slightly higher SP they buy very little. (For someone as you say couldn't give a sheet that's damn clever)

Maybe ML could give me a lesson on buying as I always seem to buy at the worst possible time.

Voice now tell me ML ain’t manipulating the SP

France refuses to comply European requirements on renewable energies, preferring to rely on nuclear power

The French government has written to the EU Commission to explain its refusal to retroactively purchase renewable energy production volumes from other countries, as provided for in the directive in the event of non-compliance with targets. This position could expose France to potential sanctions from the European Commission.

No chance, I bet ML bought around the low of the day again, same as 95% of every other purchase. Perfectly timed like they know where the SP is going but not nice seeing red every sodding day

It was still really motoring but changed direction