Member Info for nomlungu

Call Centre? How do you know that they are not using a modulator to change the accent?

https://www.sanas.ai/solutions

https://www.sanas.ai/demo

"UK braced for recession...."

The German economy is in deep, deep trouble; good Politico article:

https://www.politico.eu/article/rust-belt-on-the-rhine-the-deindustrialization-of-germany/

ASML Faces Tighter Dutch Restrictions on Servicing Chip Equipment in China

ASML will be limited in repairing restricted machines in China

China’s production capabilities and capacity to be affected

https://www.bloomberg.com/news/articles/2023-07-14/asml-faces-tighter-restrictions-on-servicing-chip-gear-in-china?srnd=premium-europe

Whilst a deadly noose is tightening around China's chip industry, it is worth remembering that some of the 2000 companies that ASML rely on for components are Chinese and ASML has no immediate alternatives. When China retaliates, industries reliant on sub 10 nanometre chips will stall until replacements are built.

I have posted recently about the hollowing out of the German economy 'thanks' to the increase in gas prices causing the collapse of their chemical industries and those reliant on the feedstocks that used to be produced. Politico have an article about the problem today:

https://www.politico.eu/article/rust-belt-on-the-rhine-the-deindustrialization-of-germany/

Any problems in Germany are a serious problem for wider Europe; this stood out:

'When Germany sneezes …

To understand the long-term effects of deindustrialization, one needn’t look further than America’s Rust Belt or the U.K.’s Midlands, once thriving industrial corridors that fell victim to policy missteps and global competitive pressures and never fully recovered.

Only with Germany, the consequences would play out on a continental scale.

The country’s reliance on industry makes it particularly vulnerable. With the exception of software maker SAP, Germany’s tech sector is essentially non-existent. In the financial world, its biggest players are best known for making bad bets (Deutsche Bank) and scandal (Wirecard). Manufacturing accounts for about 27 percent of its economy, compared with 18 percent in the U.S.'

Germany's Foreign Office: 'Germany adopts its first comprehensive Strategy on China'

https://www.auswaertiges-amt.de/en/aussenpolitik/regionaleschwerpunkte/asien/strategy-on-china/2608618

The document mentions Russia 14 times; Xi's promise of friendship may be proving costly... especially as taking advantage of cheap energy from Russia has now made Russia start having to dump Chinese currency onto financial markets just as he encounters a recession at home as exports stall and his population rapidly ages without the pensions and social support systems of more advanced western economies.

Time magazine's article about China's 4-2-1 problem shows just what a hole the one child policy has created; it takes 20 years to grow a new worker.

https://time.com/5523805/china-aging-population-working-age/

['Friendship between the two States has no limits, there are no ‘forbidden’ areas of cooperation, strengthening of bilateral strategic cooperation is neither aimed against third countries nor affected by the changing international environment and circumstantial changes in third countries.’]

PYC is worse than it looks... people have been posting that they have been able to buy at just over the Bid. That normally means that the MM want to get rid of shares, not buy them. I would be surprised if anybody could get a chunky sell away without accepting 8% below the Bid.

Good luck to anybody who has more than £10k to sell there.

💣📉‼️☠️

China’s Demographic Collapse | Peter Zeihan [the 4-2-1 problem]

https://www.youtube.com/watch?v=UrwUc63j-hM

One of Xi's biggest hurdles; people are not paying enough attention to changing demographics. With a less xenophobic GOV, the UK will not fall into the same trap (the Commonwealth = potential new citizens).

From the Lincoln Project

https://www.youtube.com/watch?v=_YC84pI4yI0

All that glitters... MAFL bought 6% of a Canadian small cap miner 10 weeks ago called Luca Mining; the share price of Luca is up 60% since then. Worth another 2p [or 10%] a share for MAFL's NAV; of course, with the wisdom of markets, MAFL's share price is down 7.5% since then!

Excellent article: "The Semiconductor Trade War"

https://www.apricitas.io/p/the-semiconductor-trade-war

'The semiconductor trade war is now in full swing—and it will forever reshape the future of the global economy.'

This has profound implications for the Chinese economy; Xi is likely to act in a way that shores up his power to preserve the privileges of the CCP elite. He will make more poor decisions but face little opposition [a bit like how ultimate power enabled Putin to walk into a disaster].

FTSE All-Share Index down 3% over 5 years...

https://www.google.com/finance/quote/ASX:INDEXFTSE?window=5Y

What Bull market?

'It's a good question: for a while, I thought they were environmental activists but they don't seem to have anything positive to say about UKOG's greener ambitions.'

Maybe the 'trolls' are just realists who have been correctly calling out the Cult of UKOG for some time. Ushers in The Temple such as yourself just cannot see through your rose-tinted blinkers; they will have cost you a significant portion of your investment if you have held shares whilst you have ramped them down from the pennies.

Maybe acknowledging that the naysayers have been proven correct might help?

And those are 'official' figures. With 20% youth unemployment I would be cautious of believing the claim of 'only 3% growth now expected'.

The knock on effects to Germany and the wider EU are yet to be seen and appreciated; Germany is deep in a hole of falling demand for hightec equipment; a severe drought, a collapsing chemical industry and high energy costs.

"I am not ramping... Anyone buying here could well see a 1000% "

Most would say that suggesting a 1000% return is ramping.

Https://www.youtube.com/watch?v=Go2S_dBazqs

Most entertaining

? How do you know what he has supposedly ignored if you do not read beyond the first line?

'Porky you pick what you want. You ignored the recent Cenkos report which gets approved by BOD so you're talking rubbish.'

Mick,

What am I missing?

CWR make the electrolysers to make Hydrogen, and this news piece is about Bosch making fuel cells to use Hydrogen. There is no mention that CWR's equipment will be used to make the Hydrogen that Bosch will use?

In 10 years the main well produced 81% of 276k barrels and UKOG get 5%. So a yearly average of 1118 barrels of oil for UKOG if it produces at the average rate.

The Dear Leader delivers again. Hallelujah

It is so bad that there is no water left to fire fight in some places: "By April, water levels at Sau had dropped to just 6.5%. There was so little surface area covered by water that firefighting planes won’t be able to collect water if they are called into service to extinguish wildfires in the summer."

https://www.bloomberg.com/news/features/2023-07-13/2023-heatwave-drought-wreaking-havoc-in-spain-as-temperatures-soar?srnd=premium-uk

The Rhine River dropped below 1m deep at a key place yesterday: "The most important chokepoint is Kaub, a picturesque town south of Cologne, where the Rhine is flanked by medieval castles. On Wednesday, the water there dropped to 97 centimeters — alarming because the one-meter level hadn’t been breached so early during the summer period in at least three decades of detailed data. Even during the 2018 drought, that depth wasn’t breached until July 21."

https://www.bloomberg.com/opinion/articles/2023-07-13/climate-crisis-a-made-in-germany-fix-to-ever-lower-rhine-water-levels

Not good...

This is good:

https://claude.ai/chats

Respectful AI - it would not prepare me a guide to debone a donkey. It allows you to upload a document and then summarise said document. So you can convert an RNS to a PDF, upload it and then summarise it.