Member Info for NettlesTheCat

I'll get that on that blog of mine.

Looks like my paws have gone ahead and got one of those u-tube accounts you mention:

https://www.youtube.com/@Nettles-Investments/

"You should get on youtube Nettles, one chap I follow has over 1000 paying subs, he charges something like £8-£15 a month depending on what you choose, he's probably getting over £10,000 a month, he is very good to be fair.

I won't mention him so don't ask, as that would be like me promoting him then giving you his name, a bit shady."

Awesome suggestion. JTT (my owner) has around 6k subscribers on FB for what he calls 'Artwork'.

Me? I do it for the giggles, but lets see where it goes...

Thanks for the nudge though. 👍

Oh, you just missed the latest update... I can't promote it here but I guess if you search for NETTLES and INVESTMENTS, you might find it?

…and I’ll stop there as I’m ruining my next blog update 👍👍

I agree Metom, but I’d say it’s more about the fear of rise of oil rather than the actual oil value.

Last year, I had a big argument on here with CW and Convb (is that his/her username?) as I suggested oil would fall running up to Xmas 2022 due to the Arab input. Not one for saying “I told you so”, but the obvious happened, and I was proved correct (it really isn’t brain surgery to make this predictions).

Brent crude is currently $86 ish which is about the same it was last year. It’s not the price, it’s the increase in a short time scale that serious investors fear. Like the ilk of Badlands (No hate dude) suggesting a 10% reduction in RR recently is more important news than the rise from Sept 28th price of 66p to the 210p it is today.

If I told you last year to put your house, wife, kids, dogs (not cats) on the line at 66p, knowing we’d get 210p in a years time, you have bitten my hand off and shared the profits (hopefully).

In answer to your question, I’m really interested in Burry’s sell (buy back of puts) as we all should be.

He deletes all his tweets as soon as he posts them (to avoid bot damage).

RR will only go down with wide market value (those invested in RR via bonds etc).

… and I’ll stop there as I’m ruining my next blog update news 👍

I agree Metom, but I’d say it’s more about the fear of rise of oil rather than the actual oil value.

Last year, I had a big argument on here with CW and Convb (is that his/her username?) as I suggested oil would fall running up to Xmas 2022 due to the Arab input. Not one for saying “I told you so”, but the obvious happened, and I was proved correct (it really isn’t brain surgery to make this predictions).

Brent crude is currently $86 ish which is about the same it was last year. It’s not the price, it’s the increase in a short time scale that serious investors fear. Like the ilk of Badlands (No hate dude) suggesting a 10% reduction in RR recently is more important news than the rise from Sept 28th price of 66p to the 210p it is today.

If I told you last year to put your house, wife, kids, dogs (not cats) on the line at 66p, knowing we’d get 210p in a years time, you have bitten my hand off and shared the profits (hopefully).

In answer to your question, I’m really interested in Burry’s sell (buy back of puts) as we all should be.

He deletes all his tweets as soon as he posts them (to avoid bot damage).

RR will only go down with wide market value (those invested in RR via bonds etc).

Hey RonR,

I’ve watched your posts and enjoyed the context.

On this one, I’ll have to totally disagree though.

Retail investments (you and I) in RR is around 17% share issue. It would take us all to sell right now to get a significant effect on the SP.

Look wider and see what is happening at the moment. Oil rising, US borrowing more, a higher interest rate maintaining into Q2 of 2024.

RR has a significant guidance report in November to go against all that, and (although most on here will question my source), I reported 6 months ago that RR SMR Ltd have 100% contracts for UK Nuclear SMR (regardless of what you read with this 6 company vetting process).

£7 come Feb 2025. I suggested that with my initial purchase back in 2020 and I’ve a nice average of 92p.

Everything you hear is fodder until then.

There’s a lot more to it than that Metom.

The most basic equation is:

1) oil rises

2) thus inflation rises

3) thus interest rates rise

4) markets hate interest rises

Coupled with a 16 year high in US borrowing, where in a particular situation that you consider to be a pain in the ass, or an opportunity to buy.

Personally, I look at purchasing when this happens (why buy at a high?).

For me, I’m looking at TUI (silly 2.5 MCap) and the smaller HE1.l, RBD.l, BOIL.l and ECR.l.

I’ve called them far too early and they are continuing to drop, but only because they are more prone to retail purchases making a difference in their SP.

Where RR is concerned, it’s in keeping with FTSE differences so nothing to worry about.

Hold tight and buy hard.

👍

Stop looking at SP and focus on 2.5bln MCap being somewhat cheeky for TUI right now.

I’ve been building my position in RR over the last couple of years (current average 92p), and with a small holding in TUI, I’m now putting extra cash here.

This isn’t a 2.5bpn MCap company. Simple.

… and for those that haven’t seen Burry’s puts on the S&P, he’s suggesting a crash - earnings since August 1st for him are already pretty decent. A good call.

He was correct in 2007 prior to the 2008 crash, and although his individual stock picks have to be questioned (he bet against Tesla when it was a fraction of what it is now), his take on markets on a whole seem to be spot on.

What we don’t know is his sell (buy back the shorts) position.

Be very interesting to keep an eye on when he makes that decision.

On this occasion, bar oil prices, it’s all down to America in my minor opinion, you’re correct.

Highest level of borrowing in 16 years for a country that should be showing us how it’s done.

I’m a democrat but Biden was a big mistake.

Anyone who runs on stage to prove how fertile they are was obviously going to be slug slithering away from the lettuce in months/years to come.

Is that the best America can do? A rotten fraudulent sexist narcissist against a slug?

Not great times.

I’m rather happy with my +100% increase considering the current global situation.

... has anyone else been keeping up with Michael Burry's (The Big Short) recent activity?

You might want to have a quick google if not, and compare his shorts against the charts (S&P in particular) since his positions at the beginning of August 2023 (end of Q2).

RNS in terms of RR being part of Aukus? About 8 months ago.

Yes.

"RR so need to get back into short haul asap."

They are. The collaboration with Easy Jet to sort Hydrogen engines HAS to start with narrow body aircraft, no two ways about it.

Narrow body means short haul.

Time will tell. 👍

RR really is its own entity at the moment.

Looking at FTSE if US data will only get it 1% higher or lower.

Everything RR has gained production contract wise, and yet to gain will show true value come end of November.

£7 Feb 2025 ***all together now*** “everything until then is chaff”. 👍👍

So you’ve already remortgaged and sold the kids? 😂

You know this is a £7 (£6 in your estimation) come Feb 2025. My highest purchase price was £1.85 way back in 2020, so it’s hard for me to top up, even in this little dip.

But I will, at some point.

Topping up loads then Badland? A couple of remortgages, cars back on HP and selling the kids?

You’re dedication to RR reaching its true level is impressive.