Member Info for Nitro182

Well the likes of RR and B&M have reacted really well to the latest developments with China opening and comments from the FED / BOE . But I buy into this dead share instead.

The most disappointing thing about this share is that while the markets around the world rally the SP here is lifeless. Any good news in the world economy and we do the opposite. There's no sign of growth here it's frustrating.

Rookie , I think it was quite clear that the SP increased to 337p in anticipation of a dividend in the last update in January. I'm sure we will see exactly the same SP action prior to the March results day with a dividend confirmed and less debt so therefor we will hit the 400p easily. That's what my opinion is and that's what I'm holding for now. The news of an acquisition will be a massive bonus however I won't hold my breath.

The interest news is out , 0.25% ! Now for oil to recover !

Hopefully the POO bounces after the FED news. Can't be ****d with this going any lower !

What's going on with the bank of America then?

https://www.reuters.com/world/china/holiday-trips-within-china-surge-after-lifting-covid-curbs-2023-01-28/

Oil to the moon next week? $90 plus please !

I see Bank Of America are upto their tricks again.

I said $78 oil yesterday and got shot down ! lol. Nice to see we are flying high today however im expecting a sharp drop in the final hour as usual. Either that or first thing on Monday morning ! Nice to see the support though !

Well theres no definitive answer.

$65 oil and $60 gas is rubbish. Q1 2023 do these expire?

Brent is flying today ! lovely stuff. Come on Linda , lets be drilling more yeh !

The only way is up ! $88 in coming !!!

Cant believe i was prepared to buy in again yesterday at 112p after the SP has flown North this year , to see this CEO news released over night. I decided not too in the end due to the excess shares in issue, debt and lack of dividend in the near future , luck was on my side it seems which is unusual for this share given iv been so unlucky with it in the past with buying in just before the Russia invasion and then selling just as the SP flys North ! Looks like i have an opportunity to buy in the 90's now so great !

Cheers Rob. Good to know we are taking advantage of those high prices now !

I have done my research , just cant remember off the top off my head. 78p oil and 100p gas? from memory

Could do with 300p so i can buy more again ! what are the future hedges once these expire? and when you say expire you mean expire in March 2023?

When do the tax losses run out? please.

I thought the tax losses will run out before 2024?

Well there is no worry because in March we will have £200mill + thrown at us shareholders to keep us happy ;) thats when we may see 400p. By that time poo should be over 90p and possibly news on an M&A !