Member Info for mt150

The Dividend is taxed by German Govt but you don't need to pay 0.50% stamp Duty on Share purchases. So swings and roudabouts

Thing the problem is at the moment it is a trading share and every time oil falls a bit after the previous days close lots of sells early morning and this crashes the price , it loses momentum and struggles to recover when oil goes back up again.

The Sunday Times is a bit notorious for printing scare stories that could have a detrimental affect on a companies share price.
http://www.travelweekly.co.uk/articles/319440/transport-secretary-intervenes-in-sunday-times-dont-book-after-brexit-row

MOL is an Hungarian oil and gas company

Q1 18 - Brent Hedge was $58(30%) and taking actual OP at average of $67 Premier received $64.30 per barrel

Q1 19 Brent Hedge $69 (38%) and taking today's OP of $61 premier receiving $64.04 per barrel so almost identical.

Current production 92K per day against 75K in 2018. So faster debt reduction in the comparative quarters.

possible Ftse Futures not open yet but IG markets weekend have ftse up 3.09% at 6765. Brent up 9% today

Noticed over the last few years when Brent in downtrend it seems to bottom out at Christmas/New Year before recovering in January onwards.

Starting to go up now. Might even be higher than Monday close at open tomorrow

Looking at recent charts it seems to bottom out on last day of the year before a recovery when WTI in end of year down trend. 01/01/16 and 01/01/17. Will it repeat that pattern this as that is when the OPEC cuts kick in

Some other possible reasons are wanting to get the finance settled before the end of the year. Another couple of reasons for the urgency could be seeing the OP fall sharply in the last few weeks and political uncertainty with Brexit and the government.

It seems the Brexit issue is weighting on travel stocks. Conversely you would expect Package Holidays to be more popular choices over DIY packages with the additional security . In addition Tunisia is on sale again in 2018/9 and Turkey is a better prospect for TCG after the the devaluation of the Turkish Lira.

Well Volume seller seems to have at least partially cleared and volume markedly up today with 30 trades in all

Its any type of development. Oil has the anti fossil fuels brigade but look at the housing building targets the government have. All the political parties say that new housing is required but councils will obstruct planning permission for new developments.

If the councils block this then eog should be refunded what they paid for the licence plus costs by the government.

Easing tensions with North Korea could be good for Russia Far East economy https://www.straitstimes.com/asia/east-asia/russia-wants-to-build-a-bridge-to-north-korea-with-eye-on-future-trading-beyond

Will be interesting to see PMO SP resilience tomorrow with oil going a little bit lower tonight

Obviously obtaining planning permission is vital to EOG/UJO/EDR. With planning permission sure the share price would be considerably north of here. Also could prove beneficial holding 30% stake rather than 20% now higher oil prices. Mid caps such as PMO/ENQ /TLW have re-rated over the last week so will the small caps re rate soon?

https://www.mirror.co.uk/news/world-news/heavy-gunfire-reported-near-saudis-12404855#ICID=sharebar_twitter Rumours of attempted coup in Saudi or shooting down drone near royal palace

Don't think oilprice.com likes the oil price going up. Latest headline "Oil price tumbles as Rig count climbs again" Sees more like fake news site trying to manipulate negative sentiment

Hopefully some director buys going through now before the investor presentation. They might know who the seller is and director buys could be a single that the Seller cleared If there is a big seller we should have an holdings RNS soon and everything will be clearer