Member Info for MegaTron1981

IG demo CFD and SB accs say " you cannot sell this market to open ..."

I'll try it in my demo.acc. good idea.

Found some concerning ARS news last night and posted it on the thread. Looks like they're party to legal proceedings.

:( what ifs... I have so many to choose from. So annoying _ best to move straight on. Will ignite PYC and stay focused on the stocks I have I think. RKB thumbs up is a big vote of confidence. Nice one. Have been doing my IG studying. I am struggling to see the advantage of CFD over Spreadbetting. What's your thinking? Is it that way spreadbetting you have a single bet open which you close whereas with CFDs you can have several contracts and close X of them and keep some running depending on how your doing?

Tweet was by Stockonomist
@Stockonomist BTW. No idea who they are or if they're honest/decent.

Thoughts on PYC anyone? Saw this rampy tweet and I know there's a lot more to it but food for thought "Physiomics
Long term weekly stock chart shows PYC has a long history of spikes into 100p+ region
We now have 2 quoted AI biomedtech comparables on AIM (SENS and RENX) which give fundamental underpinning to the case for PYC to be valued at 100p+ (vs current 4p)" has spiked to 12p, 8p, 5p in past year. Now just below 4p. I know nothing else about it but if you lot think it worth a closer look o may invest some time into it.

I didn't have time :( whoops

I think I've found a home for some of my Infa profits

INFA RNS. Get in. Should I take some profits? Hmmm. Not sure. Probably.

IG Q's... Did me some learning last night in IG site. When you look at Dow are you doing spread betting and looking to go Short i.e. find the top? Do you use daily funded bet or quarterly? Cheers, Chris

Well done for continuing to check the other celadon-invested ii's filings! This us well under the radar. Top up time?

Anonymous online profiles are one of the major reasons the world is currently screwed up. They've enabled people who in the real world wouldn't say 'boo' to a goose, vent and behave like f***nuts in the virtual world. Would love there to be a kinda virtual judgement day when Virtual and Actual profiles became associated in one mass authentication ceremony. The fall out as words and deeds were correctly apportioned to real people would be epic.

I wasn't able to set up dummy ACC. Error on their website. Said contact directly by phone - doubt I'll have time for that during day. Disappointing. NCCL is looking increasingly nailed on. Have you read last RNS? MOZ gov have provided MOU to buy energy from project for 25yrs and letter that it supports that specific project. Think it's just majorly derisked " November 2018: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) provides the following update on its Shareholder Loan (the "Loan") restructuring process (the "Restructuring") and process to conclude a binding Joint Development Agreement ("JDA") for the Company's integrated 300MW power and coal mine project in Tete Mozambique (the "Project").

JDA Process Update

The Company is pleased to report that it has received a Letter of Support ("LoS") for the Project from the Ministry of Mineral Resources and Energy ("MIREME") and a signed Memorandum of Understanding ("MoU") with the Mozambican state power utility Electricity de Mozambique ("EDM"). The LoS and MoU (together the "Support Documents") set out a clear pathway for development of the Project, including finalisation of the Project timetable, and confirm that Project development is to be managed through a Liaison Committee, chaired by MIREME. The Support Documents also confirm that coal generation is part of Mozambique's energy generation mix and that the Project is an advanced stage project which is in line with the national Energy Policy.

In particular, the MoU sets out certain prerequisite conditions to enter formal tariff negotiations including the finalisation of the JDA with the Company's potential strategic partners and the receipt of binding engineering, procurement, and construction ("EPC") and operations and maintenance ("O&M") contracts. EDM has also identified certain preconditions to the negotiations including that the local exchange rate outlook remains stable and for the continuation of, or improvement in, energy demand outlook and regional tariff pricing outlook, each of which can be waived at EDM's election.

The Support Documents have been shared with the Company's potential strategic partners for review, and the Company has submitted a proposed updated timetable for signing of the JDA, receipt of firm EPC and O&M proposals and commercial operations date for the Project. This process includes counter signing of the MoU by its potential strategic partners to give it legal effect. As per previous announcements, the Company's believes that the JDA can be completed within 3 months of an updated timetable being agreed.

The Support Documents follow the introduction of the Company's potential strategic partners to MIREME and EDM and subsequent submission of an updated tariff proposal in July 2018 which included a more than 10% reduction in the previously agreed tariff rate.

Shareholder Loan Update

Proposed final Loan Restructuring documents were submitted to Loan holders ("Lenders") on 2 No

If not invested, they have to be incentivised somehow... Paid, short, competitor? One of those.

Nice one! Gonna have a look at IG tonight!

Guys, what was the spreadbetting provider you used for practice about a year ago? I think someone did pretty well as I recall...

I am going to reopen my practice acc on the spreadbetting site and play around with the DOW. Think it was IG? Is that who you recommend/use? must dig through emails... Btw the way I had heard of off book it was the flags that didn't make much sense to me :)

Cam, any thoughts on GE's changing situation. FT https://www.ft.com/content/b88c843c-e048-11e8-a6e5-792428919cee "Jamie Miller, GE chief financial officer, told analysts on a call last week that the company expected to make “substantial progress” towards reducing its debt burden, including a programme to sell businesses worth $20bn." Coal powered steam turbines look likely to be sold off. Additionally, financing has become more costly for them given recent agency downgrades "GE has also been cutting its use of commercial paper sharply over the past year.

The company is instead becoming more reliant on bank lending. At the end of September, GE had available net credit facilities of $40.8bn, mostly from a $19.8bn syndicated agreement with six banks, expiring in 2020, and a further $20bn with 36 banks expiring in 2021.

Commercial paper has been a cheap source of funds for GE, and the company has warned in regulatory filings that the increased use of its revolving credit facilities “will result in an overall increase to our cost of funds”. I am worried GE may pull out of the NCCL deal but if you're trying to sell a business surely you don't kneecap one of its highlight projects?

TBH Cam, have Brookes % changed do you know? That tmstuff is largely over my head to be honest i.e. trading flags. I don't know who has the LRGS PRIC, but it appears to be the guy paying 0.18 USD off book, whatever that means.

*cam