Member Info for laidback

Due to possibility of peace breaking out in Europe, so more Ruskie oil comes online

...with a massive housing shortage

Interest rates coming down soon

Only a matter of time before house builders bounce back !

Inflation data should show a fall, that will boost sp imo

In face if uncertainty

Can surely only get better !

I think in an environment of falling interest rates the cyclical housing market will turn round, and we will see these at £2 eventually imo

What are we expecting on the 12th ?

Next week hairy, on 12th I believe

£2.50 minimum on update on 6th November

My see £3 if Chancellor gives some relief on NS tax regime on 22nd November statement

Currently 7% yield while you wait - what's not to like ?!

Oil up tonight because of US China trade talks going on

Should bring more rises next week

Neversell

That production/ demand graph looks very interesting

Suggests very strong oil/gas price rises over next few years. The current situation is an anomaly, probably engineered by Trump and Co. This will not last. Oil price will be above $100 in the next 12 months imo

Bonker

I did predict this rise yesterday evening

I think this will hit £3 early in 2026 - oil supply is going to get tighter going forward

Increased sanctions on Russia is bullish for oil price, as is possible trade deal between US and India

The turnaround for house builders stars today. Inflation will start coming down and so will interest rates !

I think we shall see this moving towards 210 tomorrow

Trading update in two weeks as well

US markets have recovered

A big recovery seems likely on Monday

US markets have recovered.

BIg rise Monday seems likely

Looks like the sp will drift until we get some concrete results early Nov. Oil will always be required during our lifetimes .... and it is a cyclical commodity. It will eventually go up as always.

In the meantime enjoy the near 10% dividend !

This can and has jumped 10% + on good news

Pemex fund injection definitely better for the Zama project!

Is it 14th or 15th ? Cheers