Member Info for LythamSlim8

What's going on?

Acquisition / rights issue?

Don't like or trust the *****, however this is promising:

https://www.politico.eu/article/ukraine-eu-commission-chief-von-der-leyen-invite/

EU supplying fighter jets to Ukraine now. If this kind of move is a precursor to Ukraine joining then FXPO has £10+ written all over it.

Just like that - 12% of global crude supply locked out.

Been a while but started scaling back in.

Audaces Fortuna Iuvat.

Mine did same. OK as long as the wife's fuel extravagance is hedged.!.!

ENQ is a cash machine. The SP is about to acknowledge this fact and open up. Once over 24p think we'll see some decent vertical legs.

This is why I'm back in. Seems that ENQ is in that sweet spot between being priced for bankruptcy and turning cash positive. Oil up here means it ought to be paying down the debt and rolling in cash. Healthy FCF quickly turns in to shareholder returns once the debt is sorted.

Very long downtrend here that has been in place since Oct 2014. The risk / reward is balanced in favour of a break to the upside. Given the 7.5 year downtrend, the break could be substantial.

Gap just below £1 too lol

That is good to know. Thanks.

Rosneft, Gazprom, VTB Bank all down 15-18%. FXPO isn't going to experience sanctions of course, but gives an idea of what to expect for listed Co's with exposure to the region.

Land corridor to Crimea.

Looks like Putin is going for the natural split of Ukraine along the language divide. Gives him the land corridor to Ukraine.

How long will this take to pan out? If the Russian troops roll in it could take a few days only. Putin gets a bloody nose and its over.

Solid long term support at £1.25.

Well, well, well. This looks interesting.

This looks promising - deal done?

Delta Dunia shares up in overnight trade. Suspect their mkt starting to sniff the potential of the deal.

A rising tide etc.

Gupta (commissioner of Delta Dunia) owns 15% of Asiamet shares here already. Looks increasingly like a takeover to me.

Then it just comes down to the price - between 7.5p and 10p is my guess and would be a steal.

Chortle. Looks like £5 will be hit sooner rather than later.

GLA

Rolling blackouts affecting Kazakhstan.

Yes, the agenda is to buy another truckload of Fexxy at a bargain price. Dastardly I know.