Member Info for middleEastMoney

Nm

Graham,

On the basis you give the impression you think the majority of posters on here are way below your intellect, I suspect all you will do is ridicule anyone who bothers to post anything that differs from your viewpoint.

Everyone must do as they wish, but I cannot see any point in playing this game, there will be a wide disparity in replies.

What’s more, until we all hear what PG and Lonny have to say on Thursday, your question seems premature as events unfold.

However I wish you a speedy recovery with your fitness.

MEM

Ps if Jupiter had not been a forced seller, I doubt the SP would have ever got this low.

After all the RNS about delayed results, the sp continued to recover right up until suspension.

I am aware of this, thanks

I gain a lot of confidence from this doc, DD by various city institutions, investment houses, brokers etc.

On this basis and a few other points, I have invested heavily at 8p, 14p and 16p.

If there is something, a major screw up, then action will follow to sort out any issues.

Otherwise the accounts will be published, providing clarity/transparency, and I expect the SP will rapidly climb towards 70p.

Ask yourself and take comfort, why 2 big names have invested large sums

Patience.

Hi N, even allowing for all the incorrectly reported trades, there is enough shares changing hands to see we are ‘decoupled’ from my previous rough back of fag packet calculations - allowing for admission of new shares etc. The previous no longer holds true.

The day of the placing, there were over 5m more shares bought than sold, we have had a number of days when we had 1m more bought than sold, yet the price has not reflected these buys vs sells.

Hence my decouple remark.

MEM

Even allowing for the larger number of shares in issue, the SP does not currently follow the previous rough guide of every 700,000 shares more buys than sells would equate to approx 1p movement, or vice versa.

There seems to be a ‘decouple effect’ in place. I am not trying to start a conspiracy theory, just an observation.

MEM

I could tell you the story of when I chatted to Bill Clinton about Lingerie, true story, outside a Lingerie shop in Union Square San Francisco !

Or when I chatted to The Emir of Qatar on his birthday, as I flew him to Rome, so he could visit his favorite coffee shop, both really good stories.

Maybe on the 8th……

MEM

Nm

Painful to watch and listen to, politicians on the ropes, ducking and diving, hopeless

Or put simply $10m PER DAY !!

Agreed SL, nothing changed here. Any weakness, I will buy in to

Did you actually read my message, IF the DOW heavily today….. wait and see, the whole market might get dragged lower

Airlines balance sheets will be shot to pieces. $1.16 = 1GBP

I am shorting airline stocks and long on Gas producers ie HBR

Airlines pay for most large items in USD, aircraft or Leases, engines, spares, fuel etc.

Without a really top class USD hedging strategy, tens of millions lost

SP TOMORROW- I posted on this late on Friday/early Saturday, if the DOW is down heavily again today, I can see a brief dip to 460p (buying opportunity) on opening tomorrow and then a steady recovery and a re-rate starting

Snippet in the ST, and I quote
‘Auditors discovered potential issues relating to revenue recognition, stock provisioning and bad debt provisioning’

Does not sound disastrous, caution and allow time to get to grips with the issues and I am sure the BOD will learn a good lesson, with the SP once again at 70p+

GRH, roll a tennis ball under your foot as hard as you can. Wear walking boots/proper insoles, to support your foot fully.

Another trick is a foam insole for the heel/bottom of the heel and cut a circle out exactly where the nerve pain is, this gives massive relief to the damaged nerve.

Good luck

MEM

Given the 1,000 drop in the Dow yesterday, and possibly another large drop on Monday, I can see everything inc HBR marked lower on opening on Tuesday, possibly back to 460 ish, giving a short term opportunity to buy and wait a few days to watch it accelerate past 500p and the re-rate begin.

DYOR

There is a few quid to be made in my opinion in HBR, look and DYOR.

MEM

I see the SP moving up for all the reasons we discussed yesterday, after yesterdays profit taking, today we will move up as serious money moves in.