Member Info for MaryBr190

so....

if the news on China is correct, despite the poor import figures, the easing of covid will lead to an increase production from the low levels.

in turn increased oil consumption by industry grinding back to life

and normality returning to the general population

who have been released from their forced isolation in their housing

and yes

OIL prices will move up sharply again of the years lows

and in turn O&G S will improve.

Close to a near term bottom it seems recovery is starting.

in oil etc by industry and even though growth is less this in

gla - out for now.

heading to £2+

this will pan out and be on all the tipsters at the New Year as one to watch. By the time the herd realise it will be well up on these levels and looking forward to a squeeze upwards as more come on board.

The catalysts are there short term, to the end of December and into early January, a hiccup around the uncertainty of IM perhaps until confirmed or a retrace if delayed again.

Either way there are a few catalysts here which could cause a sharp rise so let's roll and see where we are post Christmas.

Not a recommendation but having ridden the sub 6p part of the journey the view is looking lovely on the way up and we are only at the start.

At 50p maybe time to reassess. Until then hold for GOLD.

dropped to allow US to refill the empty Strategic reserve at rock bottom before it goes up again when China gets going.

started adding results 15th

https://www.youtube.com/watch?v=qFvUNipYe1g

added below 302.

criminal spread.

the fractious comments disappear altogether and the bord hums kum-by-yah.

Fear Of Missing Out will soon take over.

as one of those 2000 with an above average holding I am not giving them up easily although I may trade a bit on sharp rallies.

Hold for GOLD.

Good news or bad news? Assume the former.

This will be 30 40 50p at the turn of the NY.

Peakyblinders
FYI been investing since mid 1980s. Seen most things during tha time, good and bad.

Nice mansplaining though.

Good luck

Lovely.

SSP swings to profit as travel recovers

Tue, 6th Dec 2022 07:03

(Sharecast News) - Travel food outlet operator SSP Group swung to a full year profit as passenger numbers rebounded from the Covid pandemic during the summer and said the new financial year has started well with sales strengthening further to an average of 104% of 2019 levels in the first eight weeks.

The owner of the Upper Crust baguette chain reported a pre-tax profit of £25.2m compared with a £411.2m loss. Underlying core profits were £142m for the year to September 30, compared to a loss of £108.3m last year.

"The continued improvement in our trading performance in recent months has been encouraging and has been driven by a further recovery of passenger numbers. The recovery is being led by domestic and leisure travel across both the air and rail sectors, with business and commuter travel also recovering, albeit more slowly," the company said on Tueday.

"As we look ahead to our 2023 and 2024 financial years, based on the current pace of the recovery of the travel sector, we are planning for a recovery in passenger numbers to between 85% and 90% of 2019 levels in 2023, and between 90% and 95% in 2024."

SSP said revenues are expected to include the effect of accumulated inflation between 2019 and 2023 of around 12% and between 2019 and 2024 of 14%.

"In total, we are planning for revenues to be in the region of £2.9-3bn in 2023 and in the region of £3.2-3.4bn in 2024, with a corresponding EBITDA in the region of £250-£280m in 2023 and £325-£375m in 2024."

One for the Christmas stocking and adding on weakness. 2023 this share will start with a 3 figure
3 handle.

Have spent the last years adding and position for future and rewards will be soon reaped and dividend will resume at some point.

Dyor

If you delve into the cost base main element is increase in marketing costs and positioning business in terms of a potential recession.

Considering the cost of living crisis affecting all businesses this is a stellar report and a well positioned business.

Survival of the fittest.

Well done Mark Radcliffe.

Strong start to 2023 too.
The Group has had a strong start to FY23 with 10% revenue growth to date, whilst maintaining H2 gross profit margin and with lower marketing spend versus the comparative period last year

Bull & bear case for any stock makes a market

Yep good enough for move back towards 50p