Member Info for MaryBr190

Should have been normalised as just another morbidity many months ago.

Concerned normalisation could have a negative effect here with BVC.

Any views?

Not sure but I bought back my 1st new tranche for months. Watch it sink lol

Not sure what you mean Denby? I am very open honest and respect right from wrong.

Don't start me on moralities of governments and financial institutions, pension companies etc.

Re ADNOC lifting

Don't see why not. If any employee acts against the interests of a company in a rogue fashion and not at the direction of the company, the company compliance controls and procedures need amended which has happened already.

It is not possible for a company to eliminate 100 % employee criminal activity.

Perhaps the auditors should have picked up the risks and have raised the weaknesses with management. Plenty of scapegoats and PFC have pleaded guilty ONLY to not preventing bribery.

The most dangerous enemy is sometimes the one from within. That, at least, is how it can be for companies that fall victim to employees who commit fraud to enrich themselves or do damage to the firm.

I am sure there is insurance cover somewhere to cover that, either a fidelity guarantee or a crime insurance.

I am going for a lenient fine here but if not will be mopping up SP weakness from any shock verdict.

Any idea what time the sentence is due to be handed down?

These fines, like the banking ones and all the other antitrust ones never benefit anyone other than govt & legal coffers. Never the wronged party.

When you hear of millions in fines for XYZ where do they actually go and benefit?

Anyone topping / averaging up at 144?

Tell me mire about the capital raise? Sounds interesting. What do you know?

IMO more likely a SP raise, a re-rating on a bid!

DYOR

My average was down to 303 before I added some at sub £8 so happy to trade and add. When it tanks on a given day I add and at some point when it zooms I reduce ... main issue is the 300 order size but there are ways to travel here. I will never be out of this stock entirely, just adding and averaging down seems to work.

In my ISA so all good.

Disappointing to have stalled sub £3, i saw a spike to 314 on my alerts and thought here goes. Nice low average and adding on dips around 260 270 but for me a hold nit an add at £3. Nice low average cost so holding and top slicing for now. Expect £4 in 2022.
GLA

Warren East, Tom Bell and all the staff....

Amazing.

British body armour and gas mask maker Avon Protection was a big riser in London after winning a contract extension with the US Defence Logistics Agency. 

Avon provides the agency, part of the US defence department, with body armour and landed a minimum order value of at least £14m over the next 12 months. 

Boss Paul McDonald said it would underpin its revenue expectations for 2022. The shares surged 9.2 per cent, or 178p, to 2106p. 

Analysts at Peel Hunt said the deal took the firm's total body armour orders to at least £28.5m and reiterated their 'buy' rating and 3,300p target price. 

Typo

above not about , by 7% +

They paid about my average so that bodes well.

European Journal of Current Legal Issues, Vol 19, No 1
(2013)
Negotiated Plea Agreements in Cases of
Serious and Complex Fraud in England
and Wales: A New Conceptualisation of
Plea Bargaining?

https://core.ac.uk/download/pdf/46598062.pdf

Stateside seems to be 40% ip on the OTC ADRs.

"Petrofac to plead guilty to bribery after 'deeply regrettable period'"

https://uk.investing.com/news/stock-market-news/petrofac-reaches-plea-deal-with-uks-sfo-over-middle-east-dealings-2470972

I'd hope for more, have a good weekend.

M x

FOMO kicking in - hopefully an approach.

may just be like a parking fine then - can PFC counterclaim for the damage to its business? :)

Just waiting for an interesting close now.