Member Info for munchbox54

Looks like rre will be ok tomorrow. Funny how the markets work. Can’t see more than 2-3 % drop.

In a normal market it would make sense to drop 7% today and 7% tomorrow right ?

We have done 14% today so 3% tomorrow is fine by me.

Jokickass.

I completely agree with that. I think we need to look at it from AA ‘s point of view.

On the flip side would he want to acquire something now after the markets have recovered soo much ? Not sure.

If anything there’s one thing certain .... the acquisition will happen ..... when ? Is anyone’s guess. I would like it to be material atleast. A $100m deal won’t move anyone but a $300m deal ... equivalent to our market cap will take effect.

Anything $500m or more and then market will all be talking about us.

Just before close. How on Earth are we down 14% ?? AA has not commit suicide. Lol.

Bring on tomorrow I say

MTS...

I’m starting to think like AA ..... imagine doing another deal and this time it’s a regular deal which requires no suspension only for the market to have a week like today and then he’s in the same position as to before the deal. Deja vu.

I can actually now see AA waiting for markets to stabilise.

I hope not but if we are being real he needs to protect his wealth and his investment. Thinking as a neutral it’s really 50/50 if he makes an acquisition within the next few months.

I have said in the past optimistically that it’s coming and With a deal it’s happening but All I’m all I think he will sit it out until this market finds a balance.

Now where’s that rabbit ???

Coruuna. Good thinking. I kept half the powder dry here to top up. I don’t think they will fall below £1.40 as there’s strong support £1.40-1.50.

Good luck.

News of gym s reopening will boost the sp.

£1.56

Very happy.

MTS. That’s what really gets in my nerve. We don’t rise up accordingly with oil yet when the wider market falls we lead the losers board. Hey ho .... never mind. Maybe AA will pull that flipping rabbit we have all been waiting for.

Cold joe. It’s ok mate. Getting used to RRE sp movements is more challenging than most. Key is to ignore them and hold for gold.

Got a feeling we are in for a 2 day drop today and tomorrow.

Just shocks the life out of me that the Dow and ftse recovered so much Asif nothing happened.

How is Ggp worth half a billion without any real numbers or production ?

I’m looking for gold plays but this is surely not one of them.

Mind boggles at the sky high valuation. Trap seems to come to mind. You heard it here first.

Coldjoe. Nobody is laughing bud. Looked at futures yet ? Dow and ftse getting smashed but more importantly oil is getting a serious bashing. I post what I think will happen and not what everyone wants to hear. This bb is top drawer with LTH. I suggest you buckle up n realise we have been on a tough ride with RRE and it’s not been all roses.

Twino.

Change your glasses mate. Oil falling further .... ftse currently showing down 1% on open tomorrow and your seeing blue ? ...... just make sure your not wearing them rose tints when driving mate ..... hate to think what you would see at the traffic lights. Ha.

Great news indeed but after doing research the greatest news is the IC sell recommendation In March is the biggest buy signal for me. Loving it here. Feel at ease.

Slowly chipping away adding to my holding when I get the chance. All it takes is 1 rns and these will not look back. Believe me !!!

To be honest I’m very sceptical of media attention as I’m sure there’s a few on here that feel the same. Most of the time IC or Midas is like the kiss of death. I prefer RRE to stay quiet and undercover.

Back to the markets. Seems like out of steam. Think we could retest the £12 mark tomorrow

Drremingtin.

For sale ??? Only if. Glencore hold all the cards here and are dealing the joker each time they want to. Fact that it will take billions to get peak production is what’s required and the smaller project don’t interest anyone.

Why has the deal not been done yet ? Heaven knows .... or hell is having it’s say. Either way it’s been way too many years and still no progress.

Good luck

£5.42 for 5,000 shares.

Let’s go !!!!

Correction: I wouldn’t hold these for long.

BUY heavy on the day of equity raise waiting for a pump up.

Newtothis.

I am
More than happy to give my honest opinions especially if they help save people thousands.

The case here is simple ..... they were at 9p because finance options were a struggle.

A few contract wins don’t change anything.

NOW picture this.......

Me and you run lamprell ..... when would he release price sensitive news that will keep the sp HELD up ?

Morning ???? Nope.

Friday afternoon at 4pm ??? Yep. U guessed it.

For me they are trying to prop up the share price to rose funds via dilution ..... even this recent contract is supposedly NOT SIGNED off ??? Like wtffffff

So the case here remains the same ......equity raise coming at huge discount. ..... you may ask why ????

Well imagine we both run a grocery superstore and one of the leaders in our field.

We have 2 huge contracts to supply Waitrose and Sainsbury’s with thousands of produce each day ......

But we don’t have enough money to pay for the bills, equipment , staff etc etc ..... once we raise £££££ to pay for all that .... only then will the profits come through from Waitrose and Sainsbury’s.

Hope the above helps understand lams position.

Also what worries me is if they mis deadlines There’s serious compensation to pay out as previously has been the case.

Unfortunately nobody is willing to buy them out simply because they are currently losing hundreds of millions each year.

Yes we all like to ramp or make money but just be careful here and invest what you can afford to gamble.

My opinion : but heavy the day these announce a fundraise and maybe hold for a pump up in the sp. even so I would hold these For long ..... just look at petrofac..... wood group and many others in the oil service sector that are out of favour.

Good luck.

Crinsing.

Your own post has the answer bud. BBY would be perfect.

They have the financial power to buy us. It’s like when when Amec bought out wheeler foster of the US and then Wood group bought out Amec foster.

I can see them waiting to see if Kier get their act together because with all the stimulus and housing contracts out there support the economic recover I can see Kier benefitting more than most.

Personally I think it depends how sound the business becomes over next 12 months.

A takeover now could probably be agreed at £3-4

In 12 months it could be £10 on the conditions deft is reduced and profit is up. If these become debt free then sp of £5 is a minimum.

We would list definitely recover to a sp much higher than today’s but my personal opinion has somewhat changed and I feel KIER are more or less bang on to be taken over.

There will be consolidation and with the new management at kier doing a fantastic job I personally would like to see a recovery here. I’ve just added more shares. These are a minimum 6-12 month play. If they manage to sell off some less core assets and reduce debt then all of a sudden you will see the type of recovery that saw Taylor wimpy , Barrats and all the other recover to rise 200-400% +

All it takes is one deal ..... one asset sale..... one rns and these will not look back. Good luck. Sooooo good not to be buying oil stocks again although I have some. Sick of all the ramping that goes on them bbs from day to day.

Just realised these will act as a defensive when markets fall Perfect stock to own. Adding this pm