Member Info for NLLeeroy

tenaman shares have gone through the roof apaprently

Apologies on the terrible English.

Although i'm out for liquidity reasons I still have a wee peak. Absolutely amazed that she is still above 100p. if this holds throughout all this nonsense where do people think she will go once factory is running and the world has calmed down a bit.

Thanks for all the comments, very supportive. At prsent putting them on notice (e.g. heads up) whilst business is working through all the options. As said all have work till mid mayish and aiming to get more in. They have all responded well to the up fron honesty and the fact the business is saying we don't want to lose anyone etc. Have told HMRC they won't be getting any PAY or VAT for the foreseeable and they seem to have accepted that. Hopefully won't have to go the to full redundancies as don't want to have to utilise the other wise bits of advice if possible.
Also hope to be back on board in the near future, Which is something I also keep saying to my wife. ;)

Thought she was going into free fall, dumped the remaining free ride element I had yesterday (with a heavy heart) as gainful employment may end for me in the coming months so need cash reserve. At best its 4 months at worst its 12months. We need to get to the new normal as quickly as possible to allow companies to function. About to tell my team we are all on notice as only have work till end of April. Boris has not reassured bosses about being able to pay people. Companies are not going to take loans and get in more debt, will just make redundancies.
Look out for each other and stay safe.

Ah, but I've got one hell of an ego.

Despite my own internal advice the fact she was bucking the prevailing trend and my own FOMO meant I bought back in a speculative few yesterday despite my own previous posts. True to form buy in at 137.5 dropped instantly. I would therefore like to claim all the credit for the drop.

I sadly am the later as having been in since 2007 got rid of most of my holding to take profitat the start of the year after a couple of tree shakes and expecting a retrace which never happedn (hit 175). Have bought on the drops with limited success (basically honours even). All its proved is I'm a LTH and not a day trader. Caught between the worry of missing out on the next big kick on or jumping in too high and getting burnt. Too much else going on in the world at the moment to make a sensible decision. GLA

Definitely think there is some of that. The big Fossil Fuel corps and countries are looking to squeeze as much out of fossil fuels for as long as possible whilst token attempts to go green , ironically Shell and ITM but also Shell and VLS which is essentially plastic into jet fuel so still perpetuating the fossil fuel demand. If you flood the market with cheap fuel apart from the C02 whats the stick for countries, business etc. to divest.
The removal of tax relief on red diesel is going to be massive in construction. Its almost like JCB saw this coming. Conservative estimates that its going to cost construction in south Yorks £120-160m per year alone so gas / battery/fuel cell driven plant is going to become a lot more appealing. However could all be academic if diesel halves in price.
Also Interesting report https://www.bbc.co.uk/news/science-environment-51804212
Still keeping my powder dry as with Italy in lock-down Its only a matter of time before panic sets in again. Especially with "The Donalds" expert tweets about flu being a bigger killer and not to worry. Doesn't fill you with confidence for the states.

Did not see that.
Set an automatic at 75 expecting the drop how wrong.

Like wise have kept my free ride and holding cash at the mo until everything blows over, Italy not looking too healthy and tourism taking a hammering, Low growth etc. Sounds callous but need rainy day money or access to funds to if opp presents to buy low.

Losses!

Absolute brute sold at 87 on Friday to limit loseses on what seemed a very spooked market only to see it rise to near buy in price for close then to do a 20% jump this morning. Have halved holding and will just wait it out until some reasonable amount of normality, as I'm clearly crap/ don't have the nerve at predicting the peaks and dips.

The pattern seems to be massive drop, Slight Rally to a lesser drop by COP. Then repeat. Its picking the low point and the rallies that day traders etc. are all over.
Have dumped at a loss until she stabilise with the view that if this carries on ie more contagion over the weekend she will be back in the 40-60s and I can go back to where I started all those years ago

My assumed bargain buy at 104 yesterday is now looking rather foolish. Ouch

Working in the field of planning etc. Whilst an issue its not insummountable in terms of design and mitigation. It also feels a bit like gamesmanship form NE. e.g if say a certain amount of £'s or offsite ecological mitigation funding became available I suspect a lot the the objection would disappear. The new planning thinking is its better to have bigger a wilder eco areas than lost of token pockets which aren't connected.

Spoke too soon.

Automatic trade set at 104 DOH

Looks like covid19 has got the market spooked everyone dropping

Is she getting back to the more realistic valuation of 105-110 or is this just a tree shake? Think until Coronavirus sorts itself out its going to be a rollercoaster on the markets.