Member Info for nomlungu

All of those shares must remain dodgy to hold - Putin has threatened punitive actions against foreign owned assets, and the Chinese are sniffing around for bargains.

High risk; high reward?

I was expecting a piece of post balance sheet commentary; this is positive:'OUTLOOKThe demand environment remains robust with long-term commitments in place from policy makers to fund infrastructure and construction. Forecasters are predicting mid-single digit growth in 2022 and, while commodity cost volatility is expected to continue, the pricing backdrop is increasingly dynamic and we expect to fully recover input cost increases. We remain confident that Breedon will deliver profitable and cash generative growth in 2022, in line with management expectations.'Other positives include reducing covenants a year ahead of schedule, underlying EBIT up nearly 60% and layered energy hedges extending up to three years.Negaitives; a significant percent of cement growth came through importing cement [never good during conflict affected global trade].The market will hopefully react positively unless it gets spooked by the investor's presentation.

The Russians' communication system relied on the G3 and G4 phone system, and they bombed the transmitters.

Well done Vlad...

-9C Thursday. Friday and Saturday night in Kyiv. Apparently, a wind chill of an additional -10.

https://www.yr.no/en/forecast/daily-table/2-703448/Ukraine/Kyiv%20City/Kyiv

Not a good few nights to be stuck in an army truck out in the open eating MREs

ZEN - they are gone. Maybe early but I do not trust these small oilers so grateful to get nearly a grand for holding for a few days.

KRS - gonna keep an eye and might do a bit of digging. They are down a lot since November last year.

BREE - bought some for tomorrows results. The spread is normally under 1/2% and I think they are worth more even though long term might be a bit dodgy with another recession and increases in electricity costs but GOV wants to 'build back better' and you cannot build without concrete.

Keras - from their Interims: "discussions to resolve the funding gap are ongoing."

ZEN - thanks; you mentioned that last week and I got a quick 20%. Apple announcing new toys later today; if they announce the new iPad Air with the M1 processor I am going to spend that profit on a treat.

Chinese Tycoon Behind Big Nickel Short Faces Billions in Losses

https://www.bloomberg.com/news/articles/2022-03-08/chinese-tycoon-behind-big-nickel-short-faces-billions-in-losses?srnd=premium-europe

"A Chinese tycoon who built a massive short position in nickel futures is facing billions of dollars in mark-to-market losses after the metal surged more than 170% in two days, according to people familiar with the matter.

Xiang Guangda -- who controls the world’s largest nickel producer, Tsingshan Holding Group Co., and is known as “Big Shot” in Chinese commodity circles -- has closed out part of his company’s short position and is considering whether to exit the wager altogether, the people said. Nickel rocketed to a record high above $100,000 a ton on Tuesday, driven in part by Tsingshan and its brokers’ activity, before trading was suspended.

While the exact scale of Xiang’s losses is unclear, Tsingshan’s short position on the LME is in the region of 100,000 tons of nickel, people familiar with the matter said. It could be even larger than that when positions taken through intermediaries are taken into account, people separately said. That means it would have suffered well over $2 billion of daily losses at the most extreme point of nickel’s surge on Monday."

'Big Shot' now Big Fool?

mick-b,

Not until the war... there has been a little temptation to block it out for a while. But after a break of 2 years I think I would be a little disappointed in myself, so stayed on the straight and narrow.

'Who wants BEER !!'

2 years no alcohol yesterday.

'Solar power and batteries account for 60% of planned new U.S. electric generation capacity'

https://www.eia.gov/todayinenergy/detail.php?id=51518

Capture and store your own electricity at home; supply excess from your generation / battery when to the Grid via a smart meter when the price is highest. I want a system that would keep me self-sufficient in Winter so the rest of the year I would have excess to sell to the Grid when they are offering a high price during peak demand.

And the company even has some oil to sell, unlike many other small oilers.

A long but interesting article

https://medium.com/@noclador/putins-wish-73467b279bfb

"Many people in Ukraine and the West continue to demand that NATO impose no-fly zone over Ukraine to protect civilians. This is a well-intentioned but calamitous idea. It is calamitous because it is what putin wants most. It is also not needed because delivering massive amounts of Stinger missiles and other military equipment will allow Ukraine to establish a no-fly zone on it’s own.
What putin wants
A NATO imposed no-fly zone over Ukraine is what putin needs to shore up his regime’s legitimacy inside russia. As it is now the future of the putin regime looks dire, due to massive russian losses in Ukraine and due to the imminent collapse of the russian economy. He needs a new narrative to save his regime, and a NATO imposed no-fly zone is his last, best hope..."

Will the 2 'masseurs' who had been 'looking after' Warne before he passed away be invited to his state funeral?

It seems like they might have been close to him?

https://www.dailymail.co.uk/news/article-10586511/Four-masseuses-seen-CCTV-leaving-resort-Shane-Warne-found.html

Thanks for the digging... you could be a miner?

WSJ story

https://www.wsj.com/articles/russias-military-chief-promised-quick-victory-in-ukraine-but-now-faces-a-potential-quagmire-11646582366

Sergei Shoigu screwed up with overconfidence; the more cautious spooks will end up with more power.

"Many aspects of Market Garden were immortalised in Richard Attenborough's 1977 all-star epic A Bridge Too Far. The title is taken from an alleged quote from Airborne Commander General 'Boy' Browning. In the film Browning is discussing the result of Market Garden with Urquhart."

https://www.historyextra.com/period/a-bridge-too-far/

There seem to be 2 share classes listed?

IIROC Trading Halt - ASND.WT
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ASND.WT&insttype=&freq=&show=

But it trades as CA:ASND and this ticker does show trades on Google Finance today
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CA%3AASND&insttype=Stock

A mystery but nothing to worry about as far as I can see? There is nothing on their home page or Twitter account

This is reacting to the calamity worse than I expected... as much as I am tempted the bargains may just get bigger.

Some Q&As following the recent reports about Quaise Energy; quite interesting:

https://newatlas.com/energy/quaise-deep-geothermal-drilling-questions/

'Hobby drones at war: How do they help Ukraine?'

https://interestingengineering.com/hobby-drones-war-ukraine-russia