Member Info for nomlungu

Most of BJ's fanboys were not even born in 1955, so the worst figures since they were born:

"The UK’s trade performance fell to its worst level since records began in the first quarter of 2022, heaping more pressure on sterling in international currency markets. Although the Office for National Statistics warned that the figures it published were “subject to higher levels of uncertainty than normal”, the new system it used to collect the trade data based on customs records was chosen because it was thought to be more accurate.

The weak performance of UK exports and a surge in imports will add to pressure on the government over the damaging economic effects of Brexit as the official figures corroborate academic studies showing a rupture in UK exports since the new border controls were imposed in 2021.

The data showed that the UK’s current account deficit was 8.3 per cent of gross domestic product in the first quarter of 2022, a deterioration from an average of 2.6 per cent across all the quarters of 2021. That was the worst figure on record since quarterly balance of payments data was first published in 1955."

https://txtify.it/https://www.ft.com/content/a31b4b8e-f9fc-4f1e-84c1-3632f194d05a

BJ IS NOT GOOD FOR BANK SHARES - SOME HAVE MOUTH TOO FULL TO COMPLAIN?

Trek,

This will be a factor to watch... just how bad are European energy costs going to get; how easily will businesses pass on costs, and will there be rationing. Gazprom are currently limiting supplies to Europe when mass storage facilities would normally be being filled. If prices are spiking in Summer, what happens in Winter? This warning issued last night seems to have been ignored by the wider market; it should not be:

https://www.investegate.co.uk/uniper-se/eqs/withdrawal-of-outlook-for-the-financial-year-2022-and-talks-with-german-government/20220629192226EREQR/

"Shares in Uniper, Germany’s largest buyer of Russian gas, dropped by a fifth on Thursday after the company warned on profits, withdrew its annual forecast and said it was in talks with the government over possible support.

The Düsseldorf-based group said it expected earnings before interest and tax to be “significantly below” previous years, as it was receiving just 40 per cent of the gas ordered from Russia’s Gazprom since June 14"

https://txtify.it/https://www.ft.com/content/d36e2f47-c8a3-4783-b96d-a8d22e5a042c

Not all the people who post on this board are rampers.

Putin Should Be Very Worried About Ukraine’s New Kamikaze Drone

https://www.thedailybeast.com/vladimir-putin-should-be-very-worried-about-ukraines-new-kamikaze-drone?ref=home

$10k destroyed a petrol refinery; good return on investment.

Freddy,

Stop gaslighting this board - the company just lost more in m/cap than it raised!

So - where would the money for a lab come from? And, raising £2.5m indicates little faith in any cash from a deal coming in soon to me.

https://twitter.com/DillySuzy

Suzy's Twitter bio still includes the statement 'Full of confidence and unconcerned' - is she just confident that she can keep raising funds to pay her and her fellow staff members?

And this time they have not even out a deadline in for the deal to be concluded... I know an further update is due but still...

Some of the rampers here should hang their heads in disgrace and then apologies to readers of this board for the absolute nonsense they have posted about placings at a premium.

You know who you are - will you be man enough to admit not only were you wrong but spectacularly so.

Tower - up 20%

Troajan must have sprinkled gold flakes on his weetabix this morning.

Magicians go high tech:

'The Nettle Magic Project is a collection of technologies intended to enable magicians (the performing kind, not the occult) to have intimate knowledge of a deck of cards during their performance: the ordered list of every card in the deck, which card(s) are missing and even which cards are face-up in the deck.

A deck of cards is read by scanning card-identifying codes printed on the edges of each card. Decks can be marked with different inks, including some that are virtually invisible to the human eye (UV reactive and IR absorbing inks.)'

https://github.com/nettlep/magic

This is worth a read - Uniper in deep trouble.

https://www.investegate.co.uk/uniper-se/eqs/withdrawal-of-outlook-for-the-financial-year-2022-and-talks-with-german-government/20220629192226EREQR/

The background to this is the impact of the current gas supply restrictions by Gazprom. Since 16 June 2022, Uniper has received only 40% of the contractually committed gas volumes from Gazprom. Uniper uses flexibilities in its portfolio as well as substitution of volumes to ensure security of supply for its customers. However, Uniper currently procures substitution volumes at significantly higher prices. Since Uniper cannot yet pass on these additional costs, this results in significant financial burdens. There are also major uncertainties regarding the geopolitical situation, as well as the duration and scope of Russian gas supply restrictions. Against this background, gas price developments are also difficult to assess at present.

https://www.investegate.co.uk/uniper-se/eqs/withdrawal-of-outlook-for-the-financial-year-2022-and-talks-with-german-government/20220629192226EREQR/

"We are as excited as ever about the Thali PSC, as I plan to explain at the upcoming Proactive Investors conference in London this evening, 29 June 2022."

I am no oiler but is seems that they had warned of worse news so too much bad news might already have been baked in?

Domestic supply or "friend shoring"? The US seems happy with Canadian supplies and, to some extent, European supplies [and Europe will need its own supplies]. Keep an eye out for the "friend shoring" of supply lines; it is a shrinkage of globalisation.

A little girl sings Ukrainian anthem while she getting her bandages.

https://twitter.com/Gerashchenko_en/status/1542080888099463171

She will be a lioness in time

https://twitter.com/Djon_Ma/status/1542131843746742273

The Private Eye is trending on Twitter... BJ's initials are being mocked.

Do not look if you are about to eat.

The Private Eye is trending... So will Doris sue?