Member Info for MakeSomeMoney

Totally agree BB88. Sad but this is the cold reality. Whilst UK plc remains undervalued compared to US we are wide open to PE. Tesco, Sainsburys M&S etc.. Are all vulnerable.

Purely from a selfish point of view this is good because it will re-rate shares. The ideal would be that this makes the market realise the value, pushes SP above £2 for good and the TO is rejected. This is a good company for employees, customers and shareholders... If it were to be sold I would hope its not PE and it remains in British hands... But that is unlikely these days.

Yuri - Sorry don't get the sarcasm or the point you are trying to make. 200p open is hardly unrealistic.

This is going to fly on Monday and those shorts will be closing out... Perfect storm. Open 200p+ and then a steady rise up to 220 waiting for more news.

Well done to LTH... patience has finally paid off here

Finally something for us shareholders to get excited about!

https://www.reuters.com/world/uk/britains-morrisons-says-rejected-cdr-takeover-proposal-2021-06-19/?taid=60ce30aaab06fd00014732b0&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

What a ride the last 12 months have been! There were some scary moments along the way but in the end it worked out with some great returns.

This still has upside and the company seems to be back on track but I needed to bank some profit here. I'm sure I will be back at some point (probably tomorrow when FOMO kicks in!) but I think main news flow is probably done for now so could stabilise at these levels before kicking on again. GL to all holders...and well done to all those that managed to hold on or even add in the dark days of sub 20p!

Solid update. Market likes it and is waking up to the opportunity that M&S gives over the next few years. This is my least concerning stock in my portfolio having purchased under £1...it gets said often but rarely the reality....but this is genuinely one to leave tucked away and come back to in a year or two.

Added FRES to my portfolio this morning. Been following with interest for some time. I can't believe this price tbh...huge upside potential once the games being played with the SP have finished.

A lot of coverage in the weekend press... Seems to be a lot of interest in the update this week... Let's hope it doesn't disappoint!

to the low 70s until the company provide some certainty. They really are rubbish at announcements...just more uncertainty now until the fund raise is announced (or they confirm it is not needed)

Seeing videos on Twitter today of huge queues at petrol stations in the US and people filling cans. It's like the bog roll bulk buying of last year but petrol.

I noticed in Morrisons results yesterday they mentioned fuel sales back to pre covid levels and out today at rush hour I've not seen the roads so busy since pre covid.

Based on the above... If this isn't over 18p tomorrow I'm getting more because poo is going only one way in the short to medium term. Even AB can't hold this back!

Boring but nothing in there to suggest a fall in SP at current levels...only impatience will cost us here.

Seems to be some coverage in the Times but I don't have a subscription. Expecting an RNS in the morning either way.

This is why.. Huge if true. I would expect bid needs to be well over 650p to stand a chance :

Meggitt shares surged on Friday following a report that US-based Woodward Inc is could be looking to buy the London-listed aerospace engineer.
According to Dealreporter, Woodward is working with an investment bank as it considers potential deals and Meggitt is in the frame.

No news or announcements I can see. Strange but not complaining ??

What's happening here then?

Been in since sub 14 and just added again. I was kicking myself when it got to 24p earlier in the year that I hadn't got more invested in here.... I didn't think I would get this opportunity again.

This is way undervalued.

Mis-timed my entry here a few weeks back but looks like this is ready for another assault on 300p. Lots of upside remaining here given oil price recovery

UINOIL - Agree. The Hammerhead drill seemed exactly that....low hanging fruit to prove they had something which backfired coming in with only 4m Pay.

agree Happy. Some of my post was sarcasm but I stand by my opinion that it was a bit of a disaster. The RNS to confirm the oil discoveries with no caution until quality of oil was known was certainly not good PR.

Also you are right about success not being guaranteed and these maps are deceiving with the distances between wells and blocks significant. I believe Exxon's recent failures are when they have stepped out further away from the TLW blocks so I'm still hopeful we have commercial oil in our blocks...we just got to find it!

Do you have any ideas on drilling locations for Exxon this year?

Answering my own question...

"ExxonMobil has said it expects to drill over a dozen exploration and appraisal wells this year at Stabroek alone which could see the resource estimate for the block even further increasing from the current approximate 9 billion boe. "

Will be interesting to see where exactly they drill. Certainly with our record so far best to watch this year and reprocess the data to see if these exxon drills open up any new plays or derisk current prospects before deciding on the next drill