Member Info for NewKOTB

BT preparing for a HUGE rise, it's on the cards imo .... just a case of waiting it out. Could also sell those over inflated US tech stocks and buy BT for better returns.

Gap now closed, just waiting for controlled closing of shorts and opening of longs and we should move back up from here ..... I hope, 290+ by mid September imo !

The outcome will be all valuable UK listing will be snapped up by overseas buyers before any type of upward traction is achieved .... asset stripped and the rest, hung out to dry. UK PLC is well on its way to become a £1 shop, or the equivalent thereof for the rest of the world imo.

Once again, FTSE and pension pots being crushed today on a backdrop of DOW and DAX being up .....

"Threats of sanctions from the U.S. have put a stop to the contruction of the Nord Stream 2 natural gas pipeline from Russia to Germany. The multibillion-euro project is now at risk, and leading German politicians are not amused..."

https://www.spiegel.de/international/germany/nord-stream-2-troubles-an-uncertain-future-for-the-german-russian-pipeline-a-e4a1a915-5bc2-4e85-a410-4a7751522412

Good news for UK Nat Gas producers.

And how over inflated their SP's are atm. Once their results start to come in watch them fall like ten pins. Hardly any income and loss year after year with an MCap of half a billion(£).

aimo

If a buyer wanted to think bigger, there is always BP. At 280p, the shares are back at levels last seen in the mid-1990s. The company keeps trying to reinvent itself as a green energy supplier and, while that is a noble enough aim, it might be better simply to run it for cash until the last petrol car and oil-fired boiler gets scrapped. With funds under so much pressure to divest from fossil-fuel businesses, it might well find it easier to operate as a private, rather than a public, company. There wouldn’t be so much scrutiny. At close on £60bn, it is a huge firm – but a consortium of private-equity funds could raise the money. With the economy in the doldrums right now, there will never be a better time to strike.

LCR has averaged 68 posts PER DAY of repetitive rubbish for the past 30 days, some people really do need professional help.

Toff / Fleccy

The PE firms have enough firepower to of had BT on its shopping list for sometime, hence why I think we have seen constant negativity around the SP by paid posters whilst allowing these PE sharks to have been shorting BT for probably many many months, if not years since the Brexit vote. Managing a SP into position is the first step, if they are unable to do this there is no 'value' in it for them, it is now in position imo. Covid, economy, Brexit, interest rates etc have all come together nicely, perfect storm, for these sharks to attack.

Either our SP recovers to +200p soon or we will be under pressure.

The sad thing is BT are not alone in this twisted world of valuations.

aimo

Standard RNS ..... End of month return .... but I do like a little wink now and then .... ;-)

Well, you can tickle my fancy .... :-)

What a close, totally out of the blue, then again, It's only around the corner..

atb, stay safe one n all over the B/H

We also have Skerryvore and Ruvaal prospects together with North & South Eigg P50 prospective resources of 100mmboe to get our teeth into, not to mention Namibia, although I would say Luderitz Basin is stuck in permafrost atm.

OMG ...... Holy cow discharge ..... we are BLUE !!!

But for how long ?

Oh, and FTSE closed down again yesterday against the DOW being up once more ....
FTSE 10 out of 13 days red ... :-(

Until we open that is ..... FTSE down 30pts, DOW up 70pts ..... so it continues. :-(

omg, there are some right ones on here tonight......

Watch this bounce next week, easily back above 290p

.... it is now.

Brief but fruitful relationship. xxx

Court Sanction of Scheme of Arrangement:
https://www.lse.co.uk/rns/RRE/court-sanction-of-scheme-of-arrangement-4vnwd0v67gj6206.html

Goodbye all, keep safe one n all.

atb

Could just be the BoTs acting like pack animals .... they have scent of the gap and are going for it ..... once closed I really hope we move back up.

atb

atm, I would estimate that close to 50% of our MCap is CASH.

Cash continues to roll in whilst we wait....

Using conservative 30kboepd net production, Brent $45 and Gas 24.5p/therm (20/80)and all relevant hedging, atm SQZ are receiving $2.75m per week post OpEx ($12.60).

Appears there is a concerted effort to tank the ftse big guns atm ... once again, DOW well up, FTSE down.

Total disconnection from DOW and reality atm ...