The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hopped over here purely out of curiosity.
Only an idiot or a brave day trader would buy RKH. Look at the long term trend and ask yourself if that's likely to change?
Fascinating to watch this. Even though it's said a no deal Brexit is priced in - this will surely hit the rocks when it happens.
Why would anyone buy a UK bank stock anyway? Look at the returns you get on US and global indexes.
Very nearly. Am waiting for nearer £3.
One should be wary of buying shares NT has blogged about. The MM's can then see you coming....
We get a bad weather window every year - so what?
Re the 2nd FPSO - why not? A necessary investment.
Re the sp - I don't see it rising all the while there is continuing investment costs that are high in relation to earnings. As earnings flow increases then the sp should rise. The predictions of £1+ over the lasy year or so were always daft. I had always thought 46p was reasonable despite being berated often for that estimate.
I'm tempted too but every time I try to jump onto an uptrend it screws it.
I can imagine the MMs sitting there and fiddling with the price and watching how many people take the bait. There's nothing that I can see to warrant any re-rating. Another bit of bad news will really sink it.
It's funny how people talk about charts like that they are weather charts i.e. with some science behind it, rather than like reading tea leaves.
There's only really a thing called momentum which persists only where the variables are stable/tending.
At the moment things look quite stable for VOD since it's done the divvy adjustment, LG deal etc. and looks like it's tackling the debt issues.
So hoping it at least drifts sideways and can collect the divvy. Maybe a very slow re-rating.....?
It will of course get knocked along with everything else in October/November.
This could be rising in sympathy with ETO i.e. MMs thinking there's investors hoping for the same with ITV.
It could also be that there's knowledge out there in closed circles about a possible something in the offing.
It could also simply be a re-rating in recognition that the decline in the sp is unwarranted and the div is very good.
Or a combination of all 3.
Or none of those.
Who knows?
In any event I am long on ITV and think it's worth holding for the divi even if no bid ever comes.
Some months ago now I guessed the sp would retreat to around 46p which gave rise to all sorts of vitriole.
I fear now we'll just have steady sp erosion like so many other small oilers and I wouldn't be surprised it'll get to single digits, if only because I am a holder and stock market is only there to punish me.
Since we are selling oil and the sp is declining that must be on the cards rather than the macro fears. Having said that, it's on a par with the decline in Shell which I also hold in large quantities.
Happy to be proved wrong but unfortunately for me and everyone else in the same boat I never am and consistently lose on all my investments.
At 10:15 some institution has sold around 11M in RDSB,BP.,HSBA ... haven't checked further
Around 140. As ever the decline then started. Don't know how I do it really...
Well this is a quiet thread probably due to it being a dull share.
I agree there must be a Brexit factor holding it back but growth seems limited anyway.
I suspect ITV will languish for years.
The EU cannot be seen to make Brexit pay for the UK.
...is anyone's guess.
Kerogen sell off overhang coupled with the well plugging probably.
A big buy of £330k+ at 09:50 today. Too much for a PI.
There must be a leak but hopefully of news not oil.
that is "don't sell"
Hoping that too many investors ell into this little rally and that there are no operational setbacks.
Otherwise this must be one of the best punts around.
I can imagine 70-80p but not 100p but then my imagination is quite limited.