lot of doom and gloom merchants on this bb , we know it is still a bit scary out there with covid 19 and social distancing but at the end of the day people are still going to the shops to get their supplies , yesterday at wickes it was heaving with builder vans in the carpark people are going back to work now , it wont be back to normal 100% but good firms will survive , greedy one and crappy ones won`t , once the divi is back with lloyds the sp will go woooosh , they may even give a better divi next year with this years divi if it doesn`t get used because of covid 19 . I think China could be more dangerous to us than covid19 .
Press keep talking about govt donations to a party like labour or tory party donations of 10k to 20k , that happens through and through , it is the other ones you will never know , the big brown envelopes that could be 100,000`s to millions you can never trace , take the millions Anglo America has saved from buying sxx at a bargain price , they have just got to finish it off what was started and reap the rewards for the next hundred years under the noses of the locals who put their life savings in and many will have to work longer , I hope all the dirty dealers read these bb and know they have stuffed the local community good and proper .and read these gazette articles .
what we want to see is that UT past 10p moving north , bb has been looking a bit sad lately but shouldn`t be , they are still pumping oil and brent is above $42 , sp should start to reflect on that , Jesus 6p , there must be a lot on the fence wondering when to come aboard .
BB / yes strange but soon that will sink in to fellow investors and see them start buying back in , lot still happening with HUR , they are still pumping loads and pulling the money in , once they get the wells balanced they should pump more oil , cheap as chips now , crazy not to have a chunk of these at anything under 10p imo
DT/ China are waking up, take Australia as you mentioned , Australia want a covid enquiry , next day China put an 80% tarrif on their Barley and 800,000 tons of meat , that just about wipes that out , then they said we don`t want your iron ore , and told their own power stations not to buy anymore coal from Austraila , which is the best coal in the world and the iron ore and coal is worth billions to Australia , they are buying up their mines and their best farm land , they even own their airports , you now drive into the airport and the sign saysyou are now entering into chinese airport , they have told their chinese people in china , buy up houses in Australia , then you hear about the hacking by a govt on Australia which has been going on for weeks , they have a good idea who is doing this . this is just one bit in Chinas pie , you dont hear in Europe that they are blaming China for the virus , reason being China has warned them off , they have even got angry with uk if they refuse their help in 5G , they really are flexing their might but they could meet their match and get stuffed by the world and it could happen .
DT / China is becoming not a liked country around the world , Trump has opened a can of worm and the rest of the world is starting to listen , i know thousands of people in the Phillipines and Vietnam on my Facebook and they hate China , and even now Japan are moving many of their businesses out of China even Dyson moved out of China to Singapore
RE: I read Samuel was voting against the deal20 Jun 2020 11:41
Canary , I have been reading your posts with interest but i dont like the $2.8 billion debt and i think that is not helping the sp even when oil is going up , no one knows how long the down cycle will last , it is getting better from the virus but it is not over yet , just my thinking
RE: I read Samuel was voting against the deal20 Jun 2020 11:30
I dont think TLW want to sell Uganda or Kenya but they have to much debt and need to get it down now , the hedge on their oil has saved them big time but it would be scary to have such big debt and no hedge , if they sell even at this price they have been offered it puts a better safety net on tallow , when price of oil goes up they can work on their other licences , if tallow can get debt down to a $1billion it would look a lot better company even $1.5 billion
MYSON , stick by your guns , TLW are doing ok now , everthing is falling into place and the only reason for the dip in the SP is is general market in shares and oil demand , i wouldn`t be surprised if this hits 50p July sometime , may even be from a update from the ceo contributed with Uganda sale .lot of people on the fence with this one and could blow north very easy imo .