The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Mike, many people follow Saadat so I'm certainly for one interested in what he's saying. He has some 7,000 fans on Twitter, when he throws in £200k, people follow, when he takes profits, people follow. One of those investors who has done well, and if you copy everything he does, you will do well. Still, people like him.have large and diverse interests.
This is a share for specialists who.have had time and patience to read up on articles in industry, economic and political journals published around the world, T & T, Eire, Morocco plus more general stuff about CSS EOR, ESG, ammonia, hydrogen and wind power.... Do that, put in time and effort like many of us have and you will be in here for tas big as you dare for the medium/long term...
Not 'could be gem' Shareseeker, it is a gem that we have unearthed. It is going to morph into a treasure chest that Captain Morgan or Captain Teech would be proud to bury on a desert island.
I stuck half my retirement lump sum.in PRD. I'm not a rich man with money to burn, I was an IT officer in Lambeth council, it was my all I owned other than £3k worth of BLOE shares that had cost me £28k.
Don't tip your toe in here, dive in headfirst, you will be richly rewarded. We need shareholders who see the beauty in PRD, its massive expansion potential and who aren't into flipping for a quick ten percent.
Read GRH's posts, for someone of his age and experience to get so excited about a share really shows its potential worth.
MEM, BDT I was strangelyb trying to make a connection between Adonis Pourlis being CEO of CHAR in Morocco and PRD in Morrocco. Previously in SXX phosphate miner, Morocco being the world's biggest producer of phosphate but big importer of ammonia to make fertilizer. Ammonia makes hydrogen, Massey have lots. Morocco wants to decommission coal and oil power stations for hydrogen and gas ones. Adonis is the biggest shareholder in RBW which produces NdPr for wind turbine magnets. PRD are looking at integrated power systems gas supplementing wind turbines.
This sounds like the ravings of a fantasist but I feel some connection but can't put the pieces together yet..... I wonder if Paul and Adonis know each other? Both CEOs of companies drilling for gas in Morocco..surely paths have crossed..
Yes GRH, I liked the bit about the T & T government now making EOR compulsory. Sure it was only for onshore wells but this us the beginning. We are in thick with the government after four years (in hindsight, well spent schmoozing, developing relationships with people who count and establishing our green credentials in a country that would like to clean up its eco image, ad like Eire, it really isn't great, particular for a wealthy, economically developed nation.
Let's hope TRIN, TXP and anyone else in the manor get forced to use EOR sooner rather than later. They'll soon find water an antiquated solution and a pain in the bottom...
PRD just keeps giving oodles of potential, happy days everyone. 20p before the start of the new financial year would be nice, just in time to fill our ISAs and maximise our capital gains.
Market responding nicely to the Malcy-Paul show. They work well together, a lot of mutual respect there. I suppose it makes a good day's work to interview a consummate professional, after all I've seen him interview some cheesy muppets who would be better off as pyramid scheme salesman.
14.95p just paid, let's break 15p today, both feet above, should be happening with such a good wind behind us..
Great interview.
Our journey is only just starting...put the Pol Roger or Cristal on ice.
Hi Fireman, no idea what Paul.is planning but I was sweating about having more than a handful of PRD shares left in the family F & S accounts precisely incase a huge dividend comes out.
I was out of share dealing for years and have recently learned that divis and CGT are separate beasts and the former are taxed after £2k, I'd assumed all same pot so you could earn £6k CGT and £6k divis without troubling the taxman.
With that said, I'm obviously not a go to person for anything to do Paul's options to treat us loyal shareholders in the future.
Morning Blackdog, think I'll stay on, I fancied cashing out at 35p cos I'd a. millionaire b. 10 bagged which is a nice result - but I'm honestly thinking this could go far further and I do now believe Eire, Morocco and T& T could yield that alone making PRD worth £1.00, even then still only m/cap of £ 1/4 billion and when you think.of some of the debt laden dross worth that, (PMO, BPC at one point etc) we could be worth even more.
Sell a share in HL Fund & Share and you can deal with the cash immediately. Try to take the cash out or move to an ISA and they sit on it for a couple of days. In limbo as banks like to make interest, same as the days of cashing a cheque, out of your a/c instantly; in the payees a/c 3.5 working days later.
I'm transfering RBW to wife's F & S a/c will sell them and buy PRD in her ISA. Can then sell PRD and buy RBW back elsewhere at my leisure. My aim.is to get all family PRD shares into ISAs asap and tidy up, rebalance as second priority. Something to consider for next year. If you are going to be out of a share for 2 days, make sure it's not your real hottie.
Worth a quick read, shows the US energy giants are being pragmatic and thinking exactly how we would like Eamon Ryan to start thinking- unless of course he already is and his reticence to embrace gas is all bluster..
https://www.reuters.com/article/us-ceraweek-conference-duke-energy-idUSKBN2AW1YW
88e is a share for total chancers dreaming of hitting the one big pot and retiring early, just like BPC. Went from 0.9p to 1.4p Jan 20 pre-spud. Dropped as low as 0.2p following discovery of non commercial volumes..Back against 1.5p I see as the punters pile on again.
They could make more in PRD and if our first drill is a duster, we have 3 other plays to fall back on. (I'm now seeing Eire as two plays and am including Corrib South and Ram's Head as Paul has now laid the Celtic Sea licence out as a card to play)
Wise words for a young man Porkchop. I've only been seriously dealing since I got pension lump sum in May. I did just like your mates, chasing around looking to be in right place right time, never was and lost £25k across 13 o & g shares. However the three stocks I bought from conviction and held through thick and thin Rockrose, RBW and PRD have made me ten times what I lost.
Just keep holding, a good trick is to set up a watch list that only has your shares in. That way you don't keep getting tempted to divert your cash away from.stocks that look shiny and glitzy, very often quick wins with no substance. I check my own four shares several times a day but seldom look at any others to avoid temptation (or be tempted to kick myself for selling thatbis now now flying)
PRD will make you rich, stay with it.
£410k bought £160 sold. Can't believe it, that would have been 5% of the company value a couple of months ago.
Good to see new names popping up.on the board, whether they are dipping in or going big, all investors welcome but my advice is, go as big as you can.
Every day things getting more tetchy between UK and EU/Eire. The Irish Greens must be real mugs if they would rather continue as is, buying gas from the UK rather than develop a plan for Irish energy independence with PRD..
Welcome Smartbeds, put your shirt on this and do some spring cleaning ready for next years ISA top up. I stuck £70k, half my pension on this May-Aug last year, sounds reckless after 33 years working but I read so convinced this was a once in a lifetime opportunity not to be missed.
Check all the interesting links to Irish newspapers and magazines posted by PrivateTesla and Wackmeister, Eire is just one of our three plays and that alone could easily 3 bag from.here.
I sound like a shameless ramper but just don't see any point in dipping toes in PRD's crystal clear waters, dive in head first.
Now, now Nigel. I was only in Brighton because there was a mini heatwave and I wanted to escape lockdown in London with the Mrs and my younger daughter for a few days as I'd got cabin sickness. Plus gay pride had been cancelled thstvweekend so loads of hotels offering discounts.
Addis is a too city, rbeen there four times on hols. Recommend it to anyone, very safe and apparently just about the only country in Africa where foreigners don't get harassed by corrupt police. Also you.need no.malaria tablets cos if altitude and you can drink tap water cos it"s pure from.the mountains.
Anyway, PRD keeps giving so.next stop revist Thun in Switzerland but with a proper wedge of cash this time..
Stokies grow up tight Nigel, on a par with Yorkshiremen but a lot poorer. It was a cheap minging B &B as well, my daughter and her boyfriend were disgusted. I usually holiday in Ethiopia where you can get a treble vodka in a decent bar in Addis Abba for 50p.
Anyway things are looking up, I'll be a millionaire when PRD hits 35p as long as RBW holds firm. I need to expand my financial comfort zone and try a week in Switzerland. Went to watch Stoke play there some years ago and still traumatised at paying £9 a pint..
I can distinctly remember sitting in my room in a Brighton B &B last September, watching Paul's interview with Malcy on my Android before hitting the beach.
I'd stuck half my pension lump.sum in here, always a nagging doubt that I'd been reckless but that interview sealed it for me. It's the only share I've never taken a single penny out of.
Morning Zebra, until very recently I thought fresh drilling in Eire was dead, but I'm honestly not so sure now. The government may take the view that as they are compromising their principles with non fracked LNG, may as well 'in for a penny, in for a pound'. Energy security may well trump the desire not to drill,l. Why import LNG when they have proven gas reserves in the Celtic Sea?
Or maybe they can extend the life of Corrib using our CCS EOR or even we could help restart producing from Kinsale. Either way, we are in a good place, win,win.
Good new indeed Tesla, not wishing to sound Machiavellian as it is what it is. A 260% rise in electricity prices is going to concentrate the minds of businessmen, politicians and Irish Sun readers alike. At the very least less cash to spend on Padder Power and Guinness, at worse pressure on business, increased costs can have all kinds of unfortunate consequences as UK firms exporting o the EU are finding.
Nice one Tesla, always count on you or Wacky to dig out an interesting article in a respected Irish journal. They always scream the obvious to just about all of us, but I suppose there are none so blind as those who don't want to see I.e. Irish politicians and Joe Public who are content reading the Irish Sun.
It will be business banging heads together in the end. Data centres provide plenty of reasonably well paid jobs and with Brexit and Covid hammering their economy, common sense will surely prevail.
Couldn't agree more about conviction stocks Billy- All bar one of my investments since April have been in o & g. I lost money on at least thirteen including CHAR which I was in twice. In out, trying to catch and ride the crest of a wave but it needs timing and dare I say- a bit of charting experience to make money that way.
The two 'conviction' stocks I held thorough thick and think have both rewarded very handsomely RRE and PRD and have blown all the losses out of the water- PRD represents 3/4 value of my four company portfolio- I honestly wish I had the courage to take Andrew Carnegie's advice 'put all your eggs in one baskets and watch the basket'.... but I've been punished twice before for doing that, once to the tune of all my life savings in BLOE.
I'd advise anyone with spare, as we all audit and tidy up our portfolios pre realizing CGT allowance/ pre ISA season to rebalance as put as much as you dare on this horse because the upside is astronomical.