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I get the message from the Finance Director ; either he has been told to stay put because of turmoil or he understands that packaging has a better future than Gambling. I prefer Smiths to the Gamblers. Whatever happens in the future I cannot see Cardboard boxes not being in great demand. And that holds whether we keep Boris, replace him with a Military Junta, or all go walkabout lol. I think the mass testing will reveal we already are very close to 'Herd immunity'. The Americans know more than us - watch what they do, not what they say.

Watch for signs of activity from the Saudi Prince. He is out on a limb with not only Russia but OPEC and the USA and western countries. I call this his 'Virus Gambit'. He has full control at home and maybe best friends with China who will take all the cheap oil he can produce.

Two questions - will USA go protectionist on oil if the price fall persists. (protect US Producers and embargo cheap Saudi oil?)
Shell is heavily invested in LNG. How long can they sustain very low prices? The Saudi Prince is as ****ed off with the USA as he is with Russia and their false friends in OPEC. Young blood - he has much to prove or he could be toast! Interesting times we live in.

Shorters will get caught here. Cinema will take a short term knock from Covid19 then bounce back strongly since all this years movies are in the can. Live entertainment and sports will not be able to produce 'content' for some time as there will always be someone 'on the team' in 'isolation'. Once a few teens with no school and no big games get a little cool 'herd immunity' the cinema could be back in fashion big time. Oldies will stay away of course for the foreseeable. Looking forward to the new Bond film and Tom Hanks latest out this year. Don't hold your breath for Tom Hanks next big movie.

The reason they give for stopping fire breaks and underbrush clearance/burnoff is that it harms 'wildlife'. The same argument is put forward to prevent dredging of water courses. Such druids should not be in charge of decision making imo. A more balanced & educated decision making process has to be taken. I take your point about all new tech having 'teething problems'. Battery safety is an issue. And Hydrogen burns and handles differently to methane and propane etc. I see so called 'green issues' leading to very poor decision making; this is just a plea to keep it honest and real.

The story around hydrogen should not be about 'green' environmentalism. Hydrogen, like petrol and gas is a dangerous commodity and safety issues must be front and centre. The market will disappear overnight if the greens stop fire prevention measures around hydrogen facilities and we get an 'explosive' accident in an otherwise idyllic environment. You see what the media can make of a few trees on fire! Pretending its all win-win is a 'sure-fire' route to disaster.

Lets hope they keep the trees tidy, and fire away from their hydrogen storage. The first hydrogen golden age ended with fire and explosion. As with LNG, the operators/users need a zero accident culture.

Boris is now giving the market certainty. No excuses..... on 1st Jan 2021 we will be out. The deal will be as good as we can get. Everyone now knows where they stand and can prepare for an independent UK. No Euro army, no adoption of the Euro. Fully allied to the English speaking world. Print the passports, work up the Commonwealth. Prepare the electricity grid. Set up the systems we need as an independent country. Start making decisions and not waiting for Europe to tell us what to do and how to do it.

Marks and Spencer Climate Change targets are killing this business imo. They should stick to shopkeeping!!!!

From their website:-

The impacts of climate change affect all of us and the scientific evidence is clear – urgent action is needed by everyone.

Over a decade ago, we took decisive action at M&S and set our first climate target to recognise the need for change. We became the first major retailer to become carbon neutral in 2012 and 100% of the electricity we use comes from renewable sources.

Our business emissions have reduced by 75% over the last 12 years and we’re continuing to investigate new solutions for heating, transport and refrigeration. We’re also committed to helping others to act - supporting our suppliers to reduce carbon and making changes that help M&S customers reduce their emissions too.

But we know there is always more to be done and we’re not complacent. That’s why, in 2017 we set a bold new science-based target, aiming to cut our emissions by 90% by 2035.

Does ITM stand to gain some big gov contracts in view of the House of Parliament's Climate Emergency. ITM seem to have ready made solutions for those with deep pockets and fear of CO2.

Nice to see we have our divi back. Onwards and upwards.

Waiting for this to rise sharply soon. Many are saying copper is the best way to play green tech.

If labour get in with Corbyn et al in post then the UK economy will tank disastrously almost immediately. Massive withdrawal of wealth from the UK overnight. No UK shares will be profitable. If you think Labour will win the next election you should be getting ready to sell all UK assets and buy dollars or euros to hold your wealth. Labour will move to devalue gold as well so even that does not look good for storing wealth.

The Corbyn fear factor has receded a bit this week following his own-goal in reuniting the Tories and Michael Gove sending the English language into battle to call out Corbyn. Some risk still remains however so I remain cautious.

Have Bowleven showed VOG the way forward?

The directors are recommending a final dividend of 49.0 pence per share which, subject to approval at the AGM, will be paid on 5 December 2018 to shareholders on the register at 9 November 2018. Together with the interim dividend of 28.0 pence per share paid in April, this will result in a total dividend for 2018 of 77.0 pence per share.

The divi has been cut 10% to improve div cover. But profit is up.

https://www.bbc.co.uk/iplayer/episode/b08rv9r6/secrets-of-the-super-elements Wolf & Tungsten get a good promo at 33-41mins.

UU must be a strong buy if you believe JC cannot win power and his shadow cabinet are also similarly unelectable. If Labour get in with trots in charge the water companies are an easy first step in the march toward state control.

Norcros should benefit from better sentiment in South Africa, one hopes.