Member Info for Lakshmi888

How cld I miss the most boring instrument ever out?!

Gold hit 1250s yday. Yeaaaah, I have been vidicated as of calls last year! Suddenly all those calling $1450 since Jan seem to have dissapeared and now calls of breaking $1300 impossible being called...

http://www.kitco.com/news/2018-06-26/-Nothing-Fun-In-Store-For-Gold-1-300-Out-Of-Reach-Until-Next-Year-Analysts.html

Sort the dollar, sort China, sort yuan, and then *maybe* gold will be on the rise again but until then dont get too optimistic of any rises/short lived rallies.....imho....

How quickly things change:

https://goldsilver.com/blog/us-dollars-demise-at-the-hands-of-the-petro-gold-yuan-is-golds-gain/

in Trump's way now as well as China it seems....

https://www.ndtv.com/india-news/us-wants-india-to-stop-importing-oil-from-iran-by-november-1873737

https://www.hindustantimes.com/world-news/us-wants-india-other-countries-to-stop-oil-imports-from-iran-by-november/story-kO8iymp3yEddfn8AI0ldSO.html

On the plus side:

https://oilprice.com/Latest-Energy-News/World-News/India-May-Jointly-Bid-For-UAE-Oil-Blocks.html

Hokied in.....lol!!

Trade only obviously but cldnt resist at these levels!!;)

Oh dear......holders getting punished here....hope no-one hokied into this last week.....

as Iran's 2nd largest oil importer now being told what to do by Trump. Lol, he's not making any friends anytime soon......

https://www.hindustantimes.com/world-news/us-wants-india-other-countries-to-stop-oil-imports-from-iran-by-november/story-kO8iymp3yEddfn8AI0ldSO.html

https://www.ndtv.com/india-news/us-wants-india-to-stop-importing-oil-from-iran-by-november-1873737

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KDNC&share=cadence_mineral

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=88E&ArticleCode=5wq740qr&ArticleHeadline=Operations_Update&ahc=euz929dr

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=HNR&ArticleCode=v2yq3kx5&ArticleHeadline=East_Denver_Project_Update&ahc=y0d19w7y

Production Flow Test Op'n Commences:)

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UKOG&ArticleCode=y7ed9yzq&ArticleHeadline=Production_Flow_Test_Operations_Commence&ahc=s5fg0tj5

Loving oil at the moment!

Another 3.5% spike yday due to news meant both Wti and Brent having dropped 100-150 points in mins yday aftern then soared over 3.5% due to news re Iran's oil exports and API data:

https://www.cnbc.com/2018/06/26/oil-surges-after-state-dept-orders-buyers-to-cut-iranian-imports.html

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Rise-After-API-Reports-Major-Crude-Draw7925.html

Trailing longs now but hoping for more.....inevitably this may not end well once tops are reached and it cld be a long way down but for now, oil has delivered well since dropping $7+ (wti) almost 4 weeks ago :))

Trump continues to put on and take away several dollars every time he makes a decision/tweets....

First morning for a long time down here where there's a tincy bit of a very welcome and much needed breeze. Phew....:)

everyone. Hope e'one's having a good week; going v well so far re. markets:)

GL with trading!

sector always get knocked heavily at the slightest figures falling below expectations.

Look at BOO, KOOVS etc......just a matter of patience with FOOT also (imho)......

approaches for GSPC to repay/settle outstanding debt, interest is likely to continue to pick up plus this was oversold technically at 0.16p last week....

OEX are in a win-win position w.r.t this part'r aspect.....though accept & understand why LTH are not happy with lack of progression/activities overall...

Hmmmmm.....this doesn't look too good:

US 2018 Returns...

JP Morgan: -1%
Bank of America-2.8%
Morgan Stanley: -7.8%
Citigroup: -10.9%
Goldman Sachs: -12.5%

Germany:

Commerzbank -13.1%
DeutscheBank -38.3%

Scratch the surface of the global markets and things are not as buoyant as the likes of Trump are (incorrectly) proclaiming.....

has offically entered a bear market.....

Shanghai index losing 20% in 5 months. Doesn't bode well at all...

http://money.cnn.com/2018/06/26/investing/china-stock-market-bear/index.html

https://www.bloomberg.com/news/articles/2018-06-26/bear-market-in-stocks-weak-yuan-show-china-problems-piling-up

I think ppl are reading too much into things abt the 'churn' of UKOG. The churn is not what is slowing UKOG down.

It's called 'trading'. Repeatedly. As did I and will continue to do so. In fact additional shares just added more liquidity to this share ironically.

Buying in at under 1p and then later at just over 1p when the RNS placing hit meant that ppl simply traded it, banked profits and as it approaches 1.6p which btw is near resistance, it will undoubtedly slow down whilst ppl look elsewhere or quite correctly take their profits. Like any share, it wont continue to go up for no reason. Only news will do that....

Hence it is not the churn slowing or limiting any further sp rise (the interest is too great) so much as trading decreases as the sp rises and hence % profits decreases c.f entry level.....

And btw, SEE is an example where following the placing, there wasnt a massive churn simply due to the level of interest and the sp soon bouncedback to only orginal sp level and beyond but that's what happens with *quality* companies...... (in response to Lejjb's q'n yday).....

This is more pertinent.....adn correct imho:

https://www.bloomberg.com/news/articles/2018-06-25/europe-news-moving-the-dollar-more-than-u-s-data-for-now

https://www.wsj.com/articles/yuans-2018-gain-disappears-as-dollar-rallies-1529892432

https://www.thestar.com.my/business/business-news/2018/06/26/dollar-falls-vs-yen-amid-growing-worry-of-wider-trade-fights/

https://www.marketwatch.com/story/wall-streets-fear-index-jumps-as-stocks-slide-could-see-biggest-one-day-move-in-3-months-2018-06-25

(still not as big as that in Feb though eh?!)

http://money.cnn.com/2018/06/25/investing/dow-jones-stock-market-trade-war/index.html
https://www.nbcnews.com/business/markets/dow-jones-falls-almost-500-points-trump-cranks-trade-war-n886411

(nope, its not predominantly due to Trade wars but hey ho, you guys carry on spouting the wrong factors....)

Lo, you tell 'em PRB:)

However, if premium members contact LSE, they do issue refunds quite readily for durations when techincal issues have persisted....which, erm, has been for many, many, erm, many months now ...!!:)