Member Info for Malafuster

It’s the uncrossing trade at the close of play: the clue is ‘ut’!

Plainly Tullow is pulling down PMO

Not in the least funny. Crass, insensitive. Drunk?

More than ‘a bit’ harsh. Lacking in charity or compassion.

Unfortunately that’s what the anonymity of the internet can do to people who wouldn’t dream of behaving like that in the flesh.

Less heat, more light.

And less bile would be welcome too.

Ah, I smell rational analysis. How very welcome! I wish there was more of it. I always blue tick well argued posts, even if I disagree with the content. So much dross.

I used to value Onedb1’s contributions, notwithstanding his vanity and elitism. I would be more than happy if he was posting on this bb.

Brent currently at 62.275 and rising steadily.

Yesterday’s sharp drop in sp of the likes of PMO and ENQ was way overdone, imho.

Yawn..... wake me when Johnny One Note changes tune. (Perhaps, like Rip van Winkel, it will bebin 20 years’ time?)

??

Such a large change does not say much for the quality, reliability or accuracy of Barclays’ judgements.
Blown by the wind.

Isn’t PMO just slightly in the blue currently?

Shouldn’t the Sp be falling by 15p, to compensate for the dividend?

I too bought at 190p and am holding

Angry, strident posters are often talking through their pockets. Let’ Have some grace under pressure.

(Btw, I agree that Enq is way undervalued. My own main holding here was bought in the high 40’s, so I am deeply under water.)

TR61,

Many thanks for your kind message and concern. I hope it made you feel better.

For the record, I don’t believe I made any predictions. What I did point out, as I have on numerous previous occasions, is that the market always over-reacts, up or down, in the short term. Have a look at Yu. today for a prime example

I don’t want to give anyone advice. It’s for each of us to make up his or her own mind. These bb’s are forums for us to express our views and opinions. Mine is : don’t be spooked or panicked.

Full steam ahead in 2021. So you hope. And I hope too: I hold Yu. and am under water, though not hugely so.

Bottom line surely is that Trump is an isolationist. He wants US military to withdraw from foreign conflicts, not engage in new ones. That’s why he got rid of Bolton, who looked like an indignant prawn.

Plus, Trump wants to keep the price of oil low. That’s been his declared policy for ages. Important for his re-election prospects next year.

I would therefore expect Trump’s policy of rhetorical bluster (‘locked and loaded’ etc) and sanctions to continue, but for him to avoid triggering a M East conflagration. But of course wars can start more or less by accident and miscalculation, as in August 1914.

In terms of a major attack on Iranian nuclear installations, Israel won’t do it for the US. Immensely difficult technically and risky too, given the distances. Plus it would trigger a war with Hizbollah in Lebanon and probably Hamas in Gaza too. What Israel wants is for the US to do it for Israel.

This must be the shortest half yearly report I have ever read! The message is: no jam today, high single digit jam tomorrow. I don’t know what margins are in the energy sector, but that ambition seems solid rather than spectacular.
Good that costs are down. Bad that Yu. are still under water on EBITDA.

Brent now down only 3.60% on the day.

Moresmash,

Or not. Perhaps the sky is not falling after all.

Of the two theories of history, I strongly favour ****up over conspiracy. We often see clever plans and deviousness where none such exists.