Member Info for LTbeliever

UK water services regulator Ofwat announced new powers that will enable it to stop the payment of dividends by water utilities if they would "risk the company's financial resilience". It said it would also take enforcement action against water companies that don't link dividend payments to performance. Ofwat said the change will requite company board to "take account of their performance" for customers and the environment when deciding to make dividend payments and will require companies to "maintain a higher level of overall financial health". "These changes to company licences reduce the risks that a company's poor financial health may pose to customer interests and its ability to invest to protect the environment. If the company falls short, Ofwat will be able to step in and take enforcement action," the regulator said.

I think that this is the least of our worries - given the mkt upheaval, China still in the doldrums etc, the RoC Minister would prefer to wait a bit longer than rock the boat in the hope of finding a new investor IMO
I am wondering whether this bank crisis, with credit tightening etc will be detrimental or beneficial to KP2; on the one hand, debt costs (USD bond yields) are going down and most sectors may go into recession, leaving food production (which is more insulated) as one of a few sectors not so risky to lend to.
On the other hand, banks may just cut all lending indiscriminately; of course, if lending to KP2 will come from a Chinese bank, it may have other strategic long-term considerations (food security), rather than short term market worries.

https://www.epa.gov/sdwa/drinking-water-health-advisories-pfoa-and-pfos
"....EPA published interim Health Advisories for PFOA and PFOS in June 2022, based on a robust assessment of the best available science at that time. On March 14, 2023, EPA released a proposed national primary drinking water regulation (NPDWR) for PFOA and PFOS, as well as for four additional PFAS and their mixtures. This rule has considered additional updates to the science and is responsive to peer review feedback provided by EPA’s Science Advisory Board.
In the proposed rule, EPA presents updated noncancer toxicity values based on evaluating additional scientific information. These updated values are different from those used to calculate the 2022 interim HAs, which EPA based on the best available science at that time. EPA is accepting public comments on its proposed NPDWR, including on the proposed maximum contaminant level goals (MCLGs),..."

you rascal...you are just so hilarious haha

Good average, Wacker - seems you have something in common with Alb :))
0.70 - 0.72 last week, SP held up well despite mkt turmoil; MM absorbed 1500k share sell easily.
Long term debt yields dropping, Oil price dropping, inflation peaking soon it seems, I assume these are good news for a big mine building project (IF it goes ahead soon).
GLA, countdown has started; if Y/E 2022 results are announced on the 31st with no update on Kola, then...Mkt will be very disappointed, to say the least.

31 March, ALB;
9 trading days left before 7am of 31st.
Count down to 9, I'm sure you can do this.

I hate to admit, ALB, but I love your posts; they are always so outrageously funny!! haha

Thanks Roley!

Facts:
2 Jan - you heard whispers, you said you bought shares despite previously saying Mgt were crooks and that SP would crash to 0.30;
A few days later, you said you sold for a 5% profit;
Then you appeared again, saying that "news soon", 10x jump in SP, for sure;
Then you said, waiting for fund raising at - what SP? please remind us...
Fact - we all know that you are completely unreliable at best, more sinister goals most probably.

It's been extremely quiet on the Co's part; I have a feeling that by 31 March we will get quite the update on a few fronts.
Cash situation, legal review of RoC operations, EPC, financing too maybe?
GLA.

Hi, one more question, if you please don't mind.
If you know, what are those trades with value of just 5-10 quid?
Are they automated algo trades, eg for price discovery? Book clearing?

well, the Co is already part-owned by Chinese; about 10% (if you count that SQM is 22% Chinese-owned).

BTW, I just bought 500k of shares but it shows as a Sell!

Crystal clear, thanks again!

Yes, Chinese Walls can be "porous" sometimes :)

Thanks again, Roley.
But, can the MM (who is also the NOMAD) and may thus be privy to insider info before release, buy stock on their own A/c?
Or is that forbidden eg because it constitutes insider trading perhaps?

NU,
In MSYS' case (strictly IMO), PIs now have an advantage over most fund managers etc because it does not meet their criteria for buying (eg still loss making, low mkt cap, low trading volumes etc);
therefore, we can buy as much stock as we want/can UNTIL such time that MSYS is rerated (after significant newsflow) on new fundamentals.

Good to know Roley, thanks!

If you can estimate, for such as stock, how much % of its stock could the MM hold as stock (to satisfy expected orders in future)? Is there a limit (min or max)?

what about a 3rd scenario?
What if they are building their stock up, in expectation of good news? this is a variation of 1, I believe.

Fwiw, last year, N Burton bought the 200mln shares on 11 Febr, and RNS was issued on the 14th (3 wdays later).
https://www.lse.co.uk/rns/MSYS/director-dealing-issue-of-equity-and-tvr-x76uy2r40dh5bwx.html
So, a new TR1 can be released any day now.

SP is steady, given the mkt turmoil; Waiting for the updates.
IMO, with tech blowing off and now banks, and maybe energy sector too, FOOD & its production remains one of the safest long-term plays for serious investors.

NU,
We knew there would be some profit taking after a 50% rise in less than a week;
IMO, the important thing is that the gloom has been lifted and LT holders can now look forward to the next RNSs with optimism, because a rerating is only a matter of a few more weeks.