Member Info for nomlungu

Ryan McBeth - The U.S. Has a Pig Iron Problem

https://www.youtube.com/watch?v=fj4dhbysk-k

Troajan will enjoy...

CHIL - well done but the RNS states: '2,000 initial retailer accounts onboarded to date'. That does not mean they are paying customers and does not disclose the incentives [if any] offered to onboard them. If they had 2000 paying customers they would have used more specific words...

Apparently new reporting on an old story but I had not heard about before... might explain all the 3 eyed seabass coming from Spanish suppliers at the moment?

A Russian cargo ship believed to be carrying two nuclear reactors, possibly bound for North Korea, sank under unexplained circumstances off the coast of Spain, according to a CNN investigation.

https://x.com/Osint613/status/2054228553793728854

My AI Bot approves:

'In a sector where many funds have struggled with rising interest rates and share price discounts, TRIG is taking the "medicine" early. By cutting management fees, halting dilutive acquisitions, and recycling capital into buybacks and high-return internal projects, TRIG is acting like a disciplined corporate entity rather than a passive fund. This is a high-quality, cash-generative business that is currently "on sale" relative to its asset base.'

Nice one one4one

A bit of research on who stands to benefit from the sulphur shortages highlights CAML - anyone have any thoughts?

Markets Flash Back to the Past || Peter Zeihan

https://www.youtube.com/watch?v=DSMbL5gCZwc

Another must watch from Zeihan...

Borrow,

Texas is drowning in its own waste..... so much so that it is suffering from blowout from zombie wells where injected fracking liquids is geysering out of old abandoned wells. And despite what Reform would have folk believe, the UK's shale is heavily faulted making in geologically unsuited to fracking.

🇺🇸 “ Three world-class American destroyers (ARLEIGH BURKE class) have just successfully passed through the Strait of Hormuz under fire. The three destroyers were not harmed at all, but the Iranian attackers were severely damaged. They were completely destroyed, along with many small boats that they are using to replace their completely dismembered naval fleet. These boats were quickly and effectively sunk to the bottom of the sea. Our ships were fired at with missiles that were easily repelled. Drones also appeared, which were destroyed in mid-air. They sank into the ocean as gracefully as a butterfly descends into its grave! A normal country would allow these destroyers to pass through, but Iran is not a normal country. They are led by madmen, and if they had the chance to use nuclear weapons, they would They would do it without hesitation — but they will never have the opportunity, and as we have defeated them once again today, we will destroy them much more powerfully and much more brutally in the future if they do not sign their agreement quickly! Our three destroyers, with their excellent crews, will now rejoin our naval blockade, which is a true “wall of steel,” Donald Trump.

https://www.cnbc.com/2026/05/08/traders-nacho-trade-strait-hormuz-oil-markets-taco-trump-iran.html

Everythings gone green!

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

I can upgrade from cabbage soup for dinner

Yeah... but 'junk in, junk out'. You have to be careful about what info you feed it and what you ask for it to provide you.

I have started using Gemini 'Gems'; going to take a while to customise as needed but quite useful as a starting point tool. Definitely worth a look if you have not tried saving a prompt for future use. I expect Trek could make full use of them... Chromebook Plus's come with a free year of Google's AI Pro which costs around £200 a year. Buying a Chromebook for around £250 and then selling it 'as new' buy without the AI trial is a cheap way of taking the Micky out of Google.

https://gemini.google.com/gem/1D_-cNWcCz8B-I0iSQl_z7lk_QO9YboWo?usp=sharing

I have started using Gemini 'Gems'; going to take a while to customise as needed but quite useful as a starting point tool. Definitely worth a look if you have not tried saving a prompt for future use. I expect Trek could make full use of them... Chromebook Plus's come with a free year of Google's AI Pro which costs around £200 a year. Buying a Chromebook for around £250 and then selling it 'as new' buy without the AI trial is a cheap way of taking the Micky out of Google.

https://gemini.google.com/gem/1D_-cNWcCz8B-I0iSQl_z7lk_QO9YboWo?usp=sharing

I had a look at Foresight this morning; Gemini highlighted:

🚩 FORESIGHT SOLAR (FSFL): RED FLAG SUMMARY

1. Indexation Shift [SEVERITY: HIGH]

The UK government's transition to CPI-only indexation (April 2026) is a significant headwind. It reduces the inflation-protection "beta" of the fund's ROC assets, potentially devaluing the core portfolio's real-term returns.

2. Subscale Trap [SEVERITY: HIGH]

With a market cap hovering around £350m, FSFL is increasingly viewed as "subscale" by institutional players. This creates a cycle of poor liquidity and a chronic share price discount that is difficult to break without a major catalyst.

3. Australian Exit [SEVERITY: MEDIUM]

Management is currently attempting to divest from Australian assets to escape persistent grid curtailment issues. The risk here is twofold: any delay in the sale or a "fire sale" price could trigger further NAV write-downs.

4. Dividend Coverage [SEVERITY: MEDIUM]

While 2026 dividend coverage is projected at 1.1x, long-term sustainability is under the microscope. Analysts suggest that without fresh capital for growth, maintaining these payouts may become difficult for listed solar funds across the board.

5. Continuation Vote [SEVERITY: LOW-MED]

The June 2026 AGM will include a mandatory discontinuation vote due to the persistent discount. While it may pass, it puts the board under immense pressure and could lead to a forced wind-down or a "take-private" deal if shareholders lose patience.

There is another risk not highlighted - it should be a top fire season in Australia this year thanks to El Nino; nothing like fire to melt your investment. Definitely a reasonable chance for a buyout if someone is looking for a punt.

RAM - Apple has stopped selling the Apple Studio with 256GB RAM after stopping selling the 512GB version earlier this year. The shortage is going to spread to all devices in the coming months so if you need a new device buy before it is too late.

Unfortunately I seem to be suffering from a debilitating bout of CPE (Chronica Portfolia Erythrosis) and all I see is red in my portfolio. Off to the optician on Thursday; hopefully they have a cure that will be worth the bill.

Tuesday

"This is a disaster lifestyle company"

I could not disagree more.... SS has had a very well funded lifestyle out of this loss making company.

Only 16,666,666,667 issued in last placing there