Member Info for Longish

I have been waiting for ages to get in but wasnt expecting these prices...

I think the strong balance sheet, cashflow and div is great and defensive for whatever the US tech bubble can throw. The strategic review is building on sweating higher margin business and sacrificing top line revenue for bottom line ebitda/cash. That says the business is in control and is a great way of challenging and identifying good quality business and efficient resource utilisation. Fortunes will change quickly with a big contract win and usually accompanies new chief execs...imo

OPEC-plus alliance officials said they are set to issue recommendations this week. A final decision would come after a meeting of the Organization of the Petroleum Exporting Countries and its allies, likely sometime next week.

Think Saudis are in China today discussing the coronavirus impact
https://www.wsj.com/articles/opec-allies-weigh-deeper-oil-production-cuts-to-counter-coronaviruss-impact-11580826459

got $14bn in bids for its 40 year eurobond. Expect some that to find its way into projects that can monetise a return...tlw?

.interesting finablr shot up c5%

think I have broken even, Would like a profit

..

Shorts trying to get out I guess?

WTI seems to be holding at $50 at the moment.
May get a change to supply through OPEC shortly...
https://www.ifcmarkets.com/en/market-data/commodities-prices/oil

I wondered why we rose today and then my div turned up...I didnt reinvest it though...

I am out on that news. Hope someone gets prosecuted if its not true...

It needs the update report on nmc. IMO all the related party transactions need to be shown to be transparent. Its not an aim company, its ftse 250

Needs a ceo...

We can only guess. 56% (392m shares) are collateral for a loan at 135p. A dcf says finablr is way oversold and the bank should have no worries. But shetty works with 2 controlling partners (Butti's) who were forced to sell finablr at a deep discount linked to their debt...

Thanks DBNO

..but global economic growth is still projected to be +ve. So is it a slow burn down to £14 where shell cross subsidises that growth with lower prices or somebody else is supplying it because Shell is 'inefficient' or does the SP recover from here?

Crikey, I have reduced my ' LTH' holding from £23 in the last couple of weeks but still uncomfortable to watch the paper loss each day...Think it might be prudent to sell the lot and buy back at £14?

DBNO, what comes after $51...$41?

I will shift all my oil majors here..

Oil price should help sentiment today

Thinking about it. Maybe a good strategy is buy whenever Mr 11% buys. Rspecially if the buys are libked to shorts..

..wait

I guess just sit and eait with less worry