Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
If he can somehow combine lower than expected cash burn with a reopening announcement then who knows where it will go.
"Over-30s could be on track to receive Covid vaccines in April as tens of millions of doses arrive on UK soil. The country will see a ‘rapid increase’ in supply in the second half of March, Vaccines Minister Nadhim Zahawi has revealed.
England alone is set to administer four million jabs a week after UK vaccinations fell to just over two million every seven days.
Speaking to the Women and Equalities House of Commons Committee, Mr Zahawi said until now ‘supply has been finite’ but the situation is about to ‘get easier’.
He said: ‘In the second half of March you will see a big uplift in supply. Up until now supply has been finite.
‘We’ve had good volumes but when your supply is finite you have to try and make sure that each region gets enough doses to do the cohort target.
‘So when we were focused on (priority groups) one to four by the middle of February, we have to make sure that each region have that vaccine available to them.
‘Now obviously as we see more – and I’m expecting tens of millions of doses to come through – that becomes a little bit easier which allows us, for example, to double the number of pharmacies that will come online for delivery (from 200 to 400).
‘The whole country will see a rapid increase in the number of people getting their first dose and getting protected whilst obviously we do second dosing at the same time.’
The vaccine rollout was extended last weekend to include those aged 56 to 59 – but if all goes smoothly, people over 30 are likely to be immunised next month, The Sun claims.
The UK Government doesn’t publish numbers on vaccine supply – but the Scottish Government has revealed it has access to around 900,000 unused doses.
Each of the four nations is sent deliveries according to its share of the population, suggesting the total number of jabs available is around 10 million.
If correct, this means the NHS doesn’t need to slow first doses in order to give people their second.
All over-50s and those with underlying health conditions could be offered their vaccine by the end of March, meaning the over-40s and 30s could be invited in April.
The Government has vowed to vaccinate all UK adults by the end of July and The Sun estimates those aged 18 to 29 could get their invites as early as May.
Nearly 23 million people have been given their first vaccine dose, while 1.2 million have their second.
The devolved Governments have confirmed Brits can expect to see a surge in the supply chain over the coming weeks.
Welsh First Minister Mark Drakeford said he was ‘confident’ there would be ‘significantly greater volumes’ in March.
Meanwhile, Scotland’s First Minister Nicola Sturgeon has promised the supply boost ‘will allow for a very significant acceleration in the vaccination programme’."
https://metro.co.uk/2021/03/11/over-30s-to-be-vaccinated-by-april-as-tens-of-millions-of-doses-land-in-uk-14224155/
Interesting to note they fell by 6.46% but are up 5.58% after hours.
I thought someone described this forum as the Hotel California, you can check out but you can never leave. Don't worry sammy I won't disappear entirely even when I sell. Always looking for the next opportunity.
I never said it should be going up in a straight line FunInvestor, I just personally think there is little reason for it to go down in a straight line. Nothing has changed with the sentiment that pushed it up to £1.15, even if this was overbought based on the hype I would expect it to settle around £1.08 - £1.10 but obviously market forces have deemed it otherwise, this isn't about £1 resistance imo it's about overdone inflation fears and those taking advantage of that.
It looks like we're just sliding on low volume because investors are just watching and waiting for more information from the US. Still being dragged down by the whole bond market drama of the past week.
"European stock markets were mixed on Wednesday morning as investors wait on the latest US inflation data.
The FTSE 100 (^FTSE) was down 0.2% by just after 11am in London, while the CAC 40 (^FCHI) was up 0.4% in Paris and the DAX (^GDAXI) was up 0.3% in Frankfurt. All three markets had opened lower.
Price action was muted as investors await news out of the US. Naeem Aslam, chief market analyst at Avatrade, said investors were focused on Congress's vote to approve the $1.9tn stimulus package and US inflation data due at 1.30pm UK time."
https://uk.finance.yahoo.com/news/stock-market-report-10-march-ftse-cac-40-dax-wall-street-tech-stocks-nasdaq-sp500-dow-083454824.html
I think the highest it touched was £1.15 and while you might be disappointed with the recent daily SP fluctuations it is just that fluctuations. We've all seen this share climb that 10p difference in a single days trading without breaking a sweat, I wouldn't be surprised if this is being manipulated down to allow either shorters to get out or institutions to get in before a spike.
I know the market has been volatile recently but anyone want to shed some light on why Cineworld specifically has had it's share price taken such a tumble? It seems even on the days this week when the market was up we were still going down. Are we being manipulated down? Is this the market absorbing the expected poor Cineworld results? It just seems weird timing considering Tuesday next week L.A. will hopefully announce their Cinemas are able to reopen, Disney have already confirmed Black Widow is still on track for a May theatrical release and the vaccine programs continue to steamroll ahead.
Hi Solihullmike, sorry to hear you had a bad reaction. I haven't had mine yet but I know a handful of people who have had the Astrazeneca jab and by the sounds of it different people have different reactions to it. Some people I know had no side effects at all, others just felt a little bit tired and some described similar to what you did like a bad hangover or the onset of flu. I did read somewhere that people who have some allergies are likely to have a more severe reaction. Hopefully you feel better soon.
Why speculate on something that is unlikely, your picking up on the least likely outcome based on current probabilities. It's like me saying "Amazon could go bankrupt" sweeping, irrelevant statement that is highly unlikely.
Good to finish green but hopefully a bit of a better day tomorrow with the House of representatives voting on on the stimulus plan, if voted through that will be the final hurdle cleared simply awaiting Biden to sign.
"The Los Angeles County Department of Public Health on Sunday reported 1,313 new coronavirus cases, even as the rate of positive tests continues to decline.
Over the last seven days, 1.8% of people who were tested for the coronavirus were positive, down from more than 20% at the beginning of the year.
The county also reported 22 deaths — probably an undercount due to a lag in reporting over the weekend.
There are 1,176 people hospitalized with COVID-19 in the county; nearly one-third are in intensive care. Hospitalizations have fallen by 50% in the last two weeks.
Deaths and hospitalizations are both lagging indicators of the coronavirus’ spread, reflecting exposures that occurred several weeks before.
A total of more than 1.2 million cases have been confirmed in L.A. County, and 22,029 people have died. Statewide, there have been more than 3.5 million confirmed cases and 54,124 deaths.
In a statement Saturday, Barbara Ferrer, L.A. County’s public health director, urged the public to continue to follow public health guidelines — avoiding large gatherings, wearing masks and postponing nonessential travel — as the weather warms and more businesses open across the state.
Orange County on Sunday reported 110 new cases and 53 deaths; public health officials said death reports over the next few days may be higher than usual as they clear a backlog that arose from technical issues in a state database. There are 296 Orange County residents hospitalized with the disease, 30% of whom are in intensive care.
Both L.A. and Orange counties, along with the rest of Southern California, remain in the state’s most restrictive tier for reopening, purple. The counties are soon expected to enter the next tier, red, depending in part on when California can administer more vaccinations in low-income areas.
As of Sunday, L.A. County, which has a population of 10 million, had administered 2,489,533 doses of vaccine. Orange County, with a population of 3.2 million, had administered 832,948 doses.
In L.A. County, healthcare workers, people 65 and older and essential workers in education, child care, emergency services and food and agriculture are eligible to receive the vaccine.
Amid the declining cases and expanding vaccinations, outdoor restaurant dining, hair and nail salons and museums have reopened at reduced capacity. Some schools in L.A. County have reopened with modifications for transitional kindergarten through sixth grade; Los Angeles Unified has said it expects to reopen for some elementary grades in mid-April.
State officials said Friday that theme parks and sports stadiums could open as early as April 1."
https://www.latimes.com/california/story/2021-03-07/los-angeles-county-reports-22-new-deaths-1-313
Yeah, doesn't appear we have the volume at the moment which leaves us open to manipulation.
Some people are auto selling at 1.10 probably taking a quick buck from Fridays drop. It won't take us long to push through.
"The UK has recorded a further 82 coronavirus deaths and 5,177 cases in the last 24 hours, government figures show.
It's the first time the number of daily deaths has dropped below 100 since 9 October last year. Then, 79 deaths were recorded.
The figures represent a drop from last Sunday (28 February), when 144 deaths and 6,035 coronavirus cases were reported.
It brings the UK total since the start of the pandemic to 124,501 deaths and 4,218,520 cases.
Meanwhile, a total of 23,335,514 COVID-19 jabs have been given in the UK so far, according to government data up to 6 March."
https://www.google.co.uk/amp/s/news.sky.com/story/amp/covid-19-uk-records-another-drop-in-coronavirus-infections-as-number-of-first-jabs-hits-22-2-million-12239145
The US futures are up after the stimulus passed the Senate. Looks like a good day tomorrow, fingers crossed.
https://www.google.com/amp/s/www.cnbc.com/amp/2021/03/07/stock-market-open-to-close-news.html
"The signing of a $US1.9 trillion stimulus package in the US could bring welcome relief to the downtrodden equity market, with the ASX set to soar at the start of the week following a sharp rally in US stocks on Friday.
The equity market has been hit hard by rising bond yields, with investors favouring safer havens amid concerns inflation could be rampant. However, upbeat economic data and the progress of the US stimulus package through Congress has the local sharemarket teed up for a sharp rebound.
ASX futures were up 107 points, or 1.6 per cent, ahead of the open on Monday. However, that contract had stopped trading before the $US1.9 trillion stimulus bill was passed by the US Senate on Sunday morning (AEDT).
A core component of the stimulus package is a one-off payment of $US1400 ($1800) which is likely to be spent quickly by most Americans, pumping up US corporates and giving global equity markets a much-needed boost.
“A lot of people are going to get this and it’s going to be a bit of a sugar hit for the equity markets,” said Atlas Funds Management chief investment officer Hugh Dive."
https://www.afr.com/markets/equity-markets/biden-s-stimulus-sugar-hit-to-boost-asx-20210307-p578gf
You never know, Manchester United might win the Superbowl if they just change the game they play and all their players.... Jwd222 please just stop.
They actually state in the small print that the army of opinion pieces we get to read don't constitute investment advice and to get their real advice we need to pay a subscription lol scam if I've ever seen one.
Every adult in the UK will be offered a vaccine by the end of June, the country is opening up not locking down numb nuts so yes I think I will rule it out.