Member Info for mole_man99

The next wave only just beginning, so not too late.

Mattel posted 29% increase in Barbie as parents try to cut down on screen time. The largest qtr increase for 20 years. Physical interaction hobbies and toys are going to be strong post pandemic (and during), and the strongest brands will get stronger.

AT&T earnings surprise was driven by getting more subscribers to both wireless and the streaming business, due to pandemic shifts. Some hope that VOD may be seeing an increase in customers then.

AT&T reporting earnings tomorrow. Some worries of divi cut. It's similar to VOD in size and situation, and only a mega divi yeild to prop it up. Maybe worth watching and may be driving some sentiment to VOD on NYSE.

Report here on AT&T worth a read. Most opinions/assumptions can be applied to VOD.
https://seekingalpha.com/article/4379701-quit-wasting-your-time-and-t

$500 of written off assets will be converted to cash, effectively reduce H1 losses from $1.6bn to $1.1bn. Still a loss the market does not like the look of.

Market may not like the idea that cash can be burned much easier than assets.

Just wondering if a lid should be kept on expectations.

By now the whole market knows and assumes the 500 rns is going to drop, done deal. The news is in the price already.

I post as I worry noobs get sucked in and allocate too much of their portfolio to one share chasing the big one that will change their life. It rarely does.

2% should be your max allocation to a high risker.

Technically speaking no. Below 200ma, RSI declining but still not oversold, linear regression slope trajectory down.
Technicals can’t predict direction shifting events. A turnaround plan, vaccine, unexpected windfall. VOD needs something like that to divert the slippery slope.

Refineries don't need to ramp up. They are reconfiguring to make less Diesel as those stocks remain excessively high, until 2021 at current reduction rate. Middle distillate capacity reduction will easily cope with any gasoline needs.
Refinery utilisation will remain in the 70% bracket for the rest of the year. Demand for crude to input will remain soft.

It changed it, as did TV before that. The landscape is changing again. It will require more money to adapt. That's where Cine struggles as it has already maxed out the credit card.

Libya's largest field restarted yesterday after 9 month blockade lifted. It's hard to see OPEC+ nations agreeing to lower production to allow for extra oil coming to market from Libya.

Industry rumour mill says accounts out next week.
https://cardealermagazine.co.uk/publish/lookers-2019-results-may-finally-be-on-their-way-next-week-as-troubled-dealer-group-deals-with-triple-whammy/205603

It's a worrisome thing to hold, but 5 years from now, and all that....

For those interested in the very long view of energy investing, I note today OPEC shifted their stance on peak oil demand, bringing it forwards to late 2030's, with demand probably declining before then.
Long long term investors, 20 somethings filling up SIPPS, should be considering the mix of companies they invest in. In a period of managed decline, consolidation will become the norm in the oil sector. You want to position yourself in the strongest companies if oil is part of your portfolio. They will absorb the weaker.

Bulls and bears. It's healthy to have a balanced view. The retail investor can't trust analysts and price targets. You don't know who is paying them to say what they say.

Trump put paid to the 'bull run'.

Learning at an early age not to tie up my capital in dead ends has led to my comfortable early retirement. I just try to help others see past company fluff so they can make their decisions.

Anyway. Not welcome here, so leave you to it.

A mine is a hole in the ground with a liar ontop. Mark Twain.

It felt dramatic at the time. I was holding big day trades well in profit after hours of drifting up, then it fell in seconds taking out the stops but fell so fast the slippage was huge, and ended up making nothing.
It's clawing back now I see, but with no stimulus, the optimism that was creeping in might be gone for a month.

Trump just tweeted no stimulus until after he wins. Everything has tanked including oil. Have a look at the charts. Mind bending.

When I held PMO and was inclined to dig into financials, I was surprised how the north sea assets provided the most turnover, but no profit. Costs in the North sea declining assets are not so attractive I think.
TLW need to simplify their operations. It's a better way to make profits in a small outfit.
Nice pop today. Seems an optimistic mood in oil futures this week.

That's sure is a lot of work to do maj. The projected spend gets it to 'construction ready status'. Sounds like it will need more money to actually construct the mine.

Prof said in an article he can see them digging in the ground by 2024. I reckon it will take longer, and alot more cash. These things always do.

No need to be aggressive chaps. Napthman like me will be one of conroy's many disappointed past investors who learnt about the companies usual trick the hard way. We check back in annually to make sure others have all facts before deciding what to do.

The AAZ thing has changed things for sure, potentially. Excited new holders just need to know, from experience, things move alot slower here than you hope for.

At best, it will be a 6 year road to a profitable mine, probably 8. That's alot of time for a dilutive placing to come along and mess up your calculations. The Conroy way.