Member Info for nomlungu

Star Sports are real conviction bookies... when they offer a price they will lay humungous bets. From their About Us page: '

Our commitment to laying the largest bets in the industry attracts some of the most serious high-stakers in the world'.

Ladbrokes etc might offer a bet to win £5k max; that bet of £30k at 25/1 is to win £750000.

To fund a significant step up in capital investment to around £60 billion in energy network infrastructure, the Board of National Grid plc ("National Grid" or the "Company") today announces a capital raise of approximately £7 billion by way of a fully underwritten Rights Issue of 1,085,448,980 New Shares at 645 pence per New Share on the basis of 7 New Shares for every 24 Existing Shares (the "Rights Issue").'.. the Issue Price of 645 pence per New Share represents a 34.7% discount to the theoretical ex-rights price based on the closing middle-market price on 22 May 2024 (being the last business day before the announcement of the terms of the Rights Issue) of 1,127.5 pence per Share, adjusted for the recommended final dividend for FY24 of 39.12 pence per Share

So, punters can buy at 645p and sell from their existing holding at 1024p.

https://www.londonstockexchange.com/news-article/NG./rule-135c-notification-ps7bn-rights-issue/16484356

mineral | net import reliance | primary import source

--------|----------------------|------------------------

****nic | 100% | china

fluorspar | 100% | mexico

gallium | 100% | china

graphite (natural) | 100% | china

indium | 100% | republic of korea

manganese | 100% | gabon

niobium | 100% | brazil

scandium | 100% | europe

tantalum | 100% | china

yttrium | 100% | china

bismuth | 96% | china

rare earths (compounds and metals) | 95% | china

titanium (metal) | 95% | japan

antimony | 83% | china

chromium | 83% | south africa

tin | 77% | peru

cobalt | 76% | norway

zinc | 76% | canada

aluminum (bauxite) | 75% | jamaica

barite | 75% | china

tellerium | 75% | canada

platinum | 66% | south africa

nickel | 56% | canada

vanadium | 54% | canada

germanium | 50% | china

magnesium | 50% | israel

tungsten | 50% | china

zirconium | 50% | south africa

palladium | 26% | russia

lithium | 25% | argentina

They / The West relies 100% on China for way too much

https://elements.visualcapitalist.com/americas-import-reliance-of-critical-minerals-charted/

Evi,

A lot of people make money on overvalued stock... Clearly, I think Nvidia is overvalued. I also think that shares like $DJT and $TSLA are way overpriced, but others do not, which is why they trade at valuations I do not understand.

Nvidia has ridden the AI wave by leveraging the power of their GPU platform knowledge to run AI in the cloud in data centres. But the future of consumer AI is moving to on-device with System-on-Chips that include Neural-Processing-Units; this is happening because of the lower power requirements and transistor density that comes with ARM instruction sets and 3nm manufacturing... And, if you are using AI to manipulate personal data security means it ought to be done locally, not in the cloud.

Nvidia should not be trading at a P/E of around 80 if its future growth prospects are nowhere near as grand as the market valuation.

Do you remember posting this yesterday:

downbutnotout

Posted in: UKOG

Posts: 24,762

Price: 0.026

No Opinion

RE: Good volume again21 May 2024 16:47

50m late reported trade. thats seller out.

It was Steve Bray playing the song [the Stop Brexit Man]

steve bray belting out things can only get better by d:ream which massively drowned out sunak (who himself resembled a drowned rat) was ******* spectacular

https://twitter.com/supertanskiii/status/1793318063615435206

His wet suit makes him look like a greasy...

Hard to make out but the protestors seem to be playing "Things can only get better" in the background... [Blair's theme tune]

Now 1/50 on Betfair

US school years are like ours... Mrs Moneybags will want her daughters enrolled in a new Californian school in September. Little wonder they are calling an election.

It just shows the contempt he has for the public at large, where his daughters' education comes above the Nation or his Party.

All because they know that the communist Labour Party are going to steal the next election...

Or, the short squeeze in the US is now over and prices will firm up and go back towards the supply and demand equilibrium which will slowly push prices up (unless Trump gets in and crashes the $ forcing $ priced copper through the roof). Of more interest would be if prices in China had changed...

1/5 on Betfair

https://www.betfair.com/exchange/plus/politics/market/1.223758498

Stock cash... Always have a stash of cash; if the banking system goes down how will you buy food?

From a Vanelle market update this morning:

"The Board remains conservative on the timing of a full recovery in the housing sector, but the Group is seeing early signs of progress with order intake and rig utilisation increasing over the last three months."

Clear signs of early shoots in the housing market even though interest rates have not fallen yet [Vanelle supply the rigs used for ground engineering, the first stage of actual building].

Russian propagandist Vladimir Solovyov fell for the meme

https://www.thedailybeast.com/russian-propagandist-vladimir-solovyov-sounds-alarm-over-mossad-agent-eli-copter

https://twitter.com/AssociatedFress/status/1792293881519694232

This new family of Windows machines are going to be quite something

https://www.trustedreviews.com/explainer/what-is-a-windows-copilot-plus-pc-new-ai-infused-laptops-explained-4528491

They are initially shipping with the new Snapdragon X series chips, which are touted to be better than Apple's recently released M3 chips. These new ARM chips are extremely powerful and use very little power.... Intel is ****ed and you can expect other machines to start rapidly dropping in price.

Seems as though many more will be in for a penny...

What an unpleasant discount!