Member Info for nomlungu

An unpaywalled version

https://archive.ph/OvLx6

I had to Archive the article to read it:

https://archive.ph/WjGPJ

'Temperatures have plunged to below -40C in the Nordic countries with Swedish Lapland recording -43.6 this week — the lowest temperature recorded in January in Sweden for 25 years.'

#Brrrrrrr

Communications intercepts collected by the United States confirmed that Islamic State’s (ISIS) Afghanistan-based branch carried out twin bombings in Iran that killed nearly 100 people, two sources familiar with the intelligence told Reuters on Friday.

https://twitter.com/PiQSuite/status/1743342550612918701

Go play on the highway

Why is the company worth £8m? The company has around £500k cash and, it seems, little else.

Gazz,

Supermarkets have to compete for labour so if wages go up so do those; but their bigger problem is suppliers putting up prices to pass along costs. They will be using cleaning and security contractors who will pass on wage increases as well as all of the increases in their general supply chain which is over reliant on low paid workers.

I have no problem with people being paid more; just do not expect inflation to drop as fast as some expect it to as wage increases without productivity increases pass through the economy.

GOV is fuelling inflation with Election give-aways in NI decreases and minimum wages increases. If the wage increases are going to hurt then the other increases in costs are going to get harder to pass on. And, the new import controls on food [aka Brexit freedoms] are also going to fuel inflation. Costs are going up whilst consumers are getting squeezed; these are tight times for businesses reliant on discretionary consumer spending.

Biggest faller this morning is Revolution Bars whose positive trading update included: "Whilst the Group delivered a strong festive trading period, the macroeconomic trading environment continued to be challenging, and the prospect of the statutory 10.8% increase in the national living wage in April 2024 increases the challenge."

The increase is going to hammer businesses that rely on cheap staff and have low profitability. Supermarkets are going to feel the pain... And will want to pass on the increase in costs to Consumers.

AKA Stagflation. $unak will know that so when he said that he expects an election in the 2nd half of the year what he meant is he wants an election in May [probably the 9th] and it will be announced unless there is very bad news for him in the interim. The he can run on stopping the boats [over winter], cutting inflation [for a while], reducing waiting lists [by lying], grow the economy [we may escape from having a recession] & reducing debt [his definition is that he is not going to borrow as much as he might have = thanks to scrapping HS2]

The spread between WTI and Brent could start to widen as tensions get hotter in the Middle East.

Hydroxychloroquine could have caused 17,000 deaths during COVID, study finds; Former US President Donald Trump said: ‘What do you have to lose? Take it.’

https://www.politico.eu/article/hydroxychloroquine-could-have-caused-17000-deaths-during-covid-study-finds/

And yet dumb folk keep posting here about how this wonder drug was denied to the public by a conspiracy concocted by the GOV, Aliens, Chinese, Big Pharma, Joe Biden and the 'Communist Fascist Thugs'.

Maybe he is another rain victim?

Lincoln Project

https://www.youtube.com/watch?v=clUcDQhpNa8

America is going to tear itself apart this year...

Next warning that their 'Just in Time' stock might not arrive on time. Must be a factor for all retailers [JD Sports comes to mind] and getting stuck with last seasons good is really bad... Imagine if your X-Mas trees were only clearing Customs next week?

Jake - why bother? You know the account just gets closed.

HH,

My 3 pennies worth...

1 - we are all amateurs

2 - trading is not for the faint-hearted. If you are well in tune with a share, you can pick up changes in sentiment that you can profit from. But, sentiment valued shares are often just rubbish.

3 - remember, someone will always know more than you. So when you can see a cheap share, there is normally a reason why it is cheap that you have not picked up on.

My general 'words of wisdom' is be wary of listening to others, have accounts with multiple brokers so you can shop around [prices can widely vary on AIM] and have a set plan... if you think a share is undervalued, and it goes up by what you think it should take your profit and run.

Greed is your main enemy; the tax man is another to be wary of.

Graph worth having a look at - annual spend up from $75B in 2020 to $210B in 2023. As the tweet says: "This can only be good for commodity demand!"

https://twitter.com/MinFinInvest/status/1742876618626875843

I do not trust him.

No freebie shares for the BOD & Consultants... What will they do? Is the gravy boat of monthly cash rich enough for them? Will the remuneration committee decide that their wages will need to go up as alternative compensation? Or will they resign and seek their fortunes elsewhere?

I expect that they will be awarded pay increases in excess of inflation without having to meet any performance criteria that shareholders would impose if they could.

#trebles_all_round

'The sudden slowdown in electric car sales is a symptom of a much uglier problem.'

https://www.businessinsider.com/electric-car-ev-sales-prices-problem-transportation-2024-1

If demand is not as was thought it would be and grow to what happens to the companies that were going to make the materials for the batteries / the batteries?

"Automakers have backtracked on their promised investments: Ford delayed $12 billion of its planned $15 billion investment in EV manufacturing capacity, while General Motors delayed production of key EV models and scrapped a $5 billion partnership with Honda to make cheaper EVs. Even Tesla — once the superstar of EVs — announced it would delay a planned factory in Mexico. Auto execs who were once trumpeting the potential of electric cars are even publicly acknowledging that EVs aren't working."

COPL - bondholders concerted '305,598,679 common shares pursuant to the share settlement option exercised by a Bondholder for settlement of $1.1 million of Conversion Payment amounts (and related accrued interest) due pursuant to previously'

It is not clear if the £1.1m includes the interest... Presuming it does it means a conversion price of 0.2837p when the shares are trading at 0.12 so they are taking a 60% loss just to get some cash back. And some punters are still buying the shares. Are they still drunk from New Year or taking mind altering substances?