Member Info for MaryBr190

https://www.thisismoney.co.uk/money/markets/article-11820095/North-Sea-energy-producer-heading-2-2bn-profit.html?ico=mol_mobile_moneymarkets-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Fmarkets%2Findex.html

This is now an easy buy the dips stock.

Love it.

DYOR

Unhooked

# No-one mentioned an overpayment
# no-one mentioned a refund
# adjustments would be reflected in future payment contributions +/-
# the pension company has to agreed to the new norm.

It really is that simple, unless you think the company is lying?

Re Pension news by Sly.

A non story.
Markets reacted, nothing to see and moved on.

It seems

# DLAR have an agreement in place to fund a pension deficit.
# After contributing 50mln already, the company has assessed that as the deficit has improved significantly the terms can be reviewed.
#as an agreement is in place, the Trustees have to agree to the change. This is good practice and a normal procedure.
#DLAR after Sly got hold of a whiff of company confidential DLAR info and had no choice but to comment on Sly's info and confirm that the request has been made. DLAR, pointed out, even if rejected it was not a liquidity issue.
#Rather than just accept that, Sly have conflated, it seems, a summary of the recent woes that are unrelated and the release has spooked already skittish holders.

The story could also have been spun as..

Significant improvements in the company's pension deficit in the last 18 months means funding at previous agreed levels is no longer required. The company has notified the pension trustees of their intention as it normal practice. The pension trustees fiduciary duties are to review the request and will respond in due course.

This article gives an interesting perspective re deficits which in reality are best guesstimates.

https://moneyweek.com/merryns-blog/pension-deficits-arent-real-heres-how-to-fix-them

Aldsworth
You may be right. It may take years to determine the outcome.

https://www.msn.com/en-gb/sport/football/larne-survive-mighty-irish-cup-scare-to-see-off-h-w-welders-with-last-gasp-andy-ryan-winner/ar-AA18c6By

"I dream things that never were and say, why not."

re IM it is the norm - there is no need to compromise - with intransigence none exists. The No Gas Caverns have only one aim which is No Gas Caverns. Hard to compromise there.

PACs cover all bases and mainly tick lists. The bar is too low but to offer reponses. Not listening in to the council in action via zoom / conference call - which the public can do is a treat to be believed. I will say no more other than that. I agree with your view on PACs, although they can be a useful tool if used correctly.

Have a great weekend everyone. M.

Gusto you still topping up? I added another tranche earlier. Even was recorded as a buy on LSE correctly.

MV
I have been involved with public consultations in NI in the last few years and it is usually down to nimby-ism.

Some folks may want to save the less spotted flying frog or bat but many just want to stop and meddle for the sake of it.

There are clear rules laid out as to when a public consultation is required. In my experience they mainly add costs and delays and are best avoided if no obligation exists.

Rarely do they change much unless due diligent by the applicant leaves the application in jeopardy.

Kaeren did you DM me so we can chat?

Killik must be having a right laugh today with all the non stories / scare stories and counters. As if this board makes a difference.

Most posts leave tells and some swing both ways and are conspicious when they stop posting for a few days when their agenda is set.

Obvious to most when the tag teams appear.

How about we leave the management to manage (they seem to be doing well) - I am sure they will know how to submit applications and amend them without being questioned at every turn.

Many risks here and many rewards. A watched kettle and all that.

Most PIs are unlikely to sell at these levels and should the SP go higher 20p 26p 35p 46p - the resistence levels - then many would feel agrieved dumping the stock here based on a scurrilous rumour (no matter how well concealed the attempt is).

Always good to see news but agenda postings distract from the board and mak eit unreadable.

Share prices rise and fall - the timing is the issue that most fail with and it is all relative to your entry point.

HOLD4GOLD

Have a great weekend.
Mary.

Some nice moves this week with other shares too in a generally buoyant market.

let's get this over with - can you double bottom it for me around 270p :)

Sky report re pensions - not really news - deferring £20m to utilise in the business - suits me to top up again - it is not a liquidity issue. Perhaps the recovery in pensions has mitigated the need to fund a closing gap.

Why does everyone run to Sly with confidential information?

A source close to the firm told Sky that its pension deficit, like that of many corporate pension schemes, had improved significantly in the last 18 months.

"The pension scheme has had over £50m from the company in the last three years, so this is a natural rebalancing towards investors who have not done as well," the source said.

They insisted that a rejection of the pension deferral request would have "no adverse" effect because the move was not being driven by liquidity needs.

Union Muppets

Mahna Mahna
Do doo be-do-do
Mahna Mahna
Do do-do do
Mahna Mahna
Do doo de-do-do de-do-do de-do-do de-do-do-doodle do do do-doo do!

More than 3,000 National Express bus drivers in the West Midlands have voted to strike over pay, starting on 16 March, the same day as the next RMT train strike. The Unite union said members voted 96% in favour of industrial action, on a turnout of 72%. The workers will begin “all-out continuous” strike action on Thursday 16 March, the union said, with industrial action to carry on until the dispute is resolved. – Guardian

https://www.sharecast.com/news/press-round-up-short-premium/friday-newspaper-round-up-national-express-southend-airport-pensions--12549724.html

Work on the assumption that IM / delay on IM is factored into the price. If delayed again, yes a temporary SP reaction as the shorters will panic the PIs. If confirmed then it will soar.

The current market value is mainly based on the FSS contract and other activities which are detailed in the trading statement.

The market cap today is at £27m.

As the year progresses and we move towards 2024/5 the share price will eventually kick higher, with or without IM.

Be patient.

HOLD4GOLD here and continue to accumulate is one option.

If you do not like to invest here, jog on :)

surprised this is not there already. Still the day trades have gone for a while as it churns higher again passing yesterday's high and gapping up.

Who knows but so far the news remains good.

Will this be higher in a year or bust?
Go with your gut feeling.
If you do not want to hold then sell, but then quit the whining on the board.

In a year or two when we look back we will either be having a £1 party at the Crown or a £0 drown you sorrows party - at the Crown.

Either way a party. DYOR.
M.

Hopefully will end up the day green on past actions. I used to trade this one very successfully.

You just gotta to hit the buy button when it goes down - 335 to 272 after results and a dividend confirmed.

Just plain wrong.

Still creates opportunities .

Very biddible, wonder who the seller was earlier.

What a bargain in sub 275p - waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay oversold.

Could go to 150p the shorters say.

Could go to £4+

or somewhere in between. Good luck all.

cash call perhaps ? 24.5m