Member Info for nomlungu

He has never been that keen on playing by the rules; will the powers that be continue to allow him to disregard them? Leave him be ad he may end up being the Supreme Leader.

https://dnyuz.com/2021/10/29/trumps-300-million-spac-deal-may-have-skirted-securities-laws/

The guard behind Doris has a mask on - is the smell of sleaze that strong?

This is an American paper, so the AZ vaccine has not been included. But, it shows the benefits of getting a Covid vaccine against other life-threatening event such as heart attack, stroke etc. It is a benefit that is known to exist with the flu vaccine as well.

'The aRRs of non–COVID-19 mortality for the Moderna vaccine were 0.34 (95% CI = 0.32–0.37) after dose 1 and 0.31 (95% CI = 0.30–0.33) after dose 2. The aRR after receipt of the Janssen vaccine was 0.54 (95% CI = 0.49–0.59). There is no increased risk for mortality among COVID-19 vaccine recipients. This finding reinforces the safety profile of currently approved COVID-19 vaccines in the United States.'

https://www.cdc.gov/mmwr/volumes/70/wr/mm7043e2.htm

https://phys.org/news/2021-10-helium-south-africa-gold.html

Will the problem get worse and have a knock on effect onto trade, or, even worse, the Japanese Nuclear industry [they need sea water as a coolant, not stones].

https://www.theguardian.com/world/2021/oct/30/japan-ports-swamped-by-pumice-spewed-from-undersea-volcano

https://the-japan-news.com/news/article/0007926615

He should have known better: "Facebook's announcement that it is changing its name to Meta has caused quite the stir in Israel where the word sounds like the Hebrew word for "dead"."

https://www.bbc.co.uk/news/world-59090067

And the 3% arrangement fee. So I borrow $1 and get $0.97 to pay back $1.05?

They are borrowing money to repay a loan early and in doing so incur a 5% penalty? Does that apply to $6m or just the $1m? Whoever wrote that deal might be quite pleased with squeezing the early repayment premium when they leant them the money to pay back the loan.

'The Loan Note will be closed in three tranches with the first tranche of US$12.4 million today, which includes rollover of the existing senior debt of US$5.0 million from a fund advised by West Face Capital Inc. ("West Face") and bridge loan of US$1 million (as announced on 13 October 2021) plus 5% early repayment premium, US$1.8M by 5 November 2021, and US$7.8M by 31 December 2021'

Both Rand Paul and Ted Cruz are idiots.

Analysts now believe Bank of England could be forced to increase interest rates as soon as next Thursday.

Mortgage rates 'could DOUBLE by next year' while five-year loans under 1% will vanish within days as lenders pull best deals over fears Bank of England is poised by hike base rate of interest by next week.

https://www.dailymail.co.uk/news/article-10144007/Inflation-fears-mortgage-lenders-hike-prices.html

So good, they wanted a discount? Why did they not pay a premium?

Apple and Amazon Were Hit By Shortages. That’s Bad News for Everyone Else.

https://www.barrons.com/articles/apple-amazon-supply-chains-stock-market-51635459869?mod=hp_LEAD_1

Fear of coronavirus outbreaks and recent manufacturing struggles are causing disruptions with global ripple effects.

https://foreignpolicy.com/2021/10/27/china-supply-chain-disruption-shipping/?tpcc=recirc_latest062921

In its merger agreement with a special purpose acquisition company, Trump’s media venture agreed to structure his role so that operations won’t get disrupted if the former president were to run for office or be convicted of a felony, according to securities filings by the SPAC Digital World Acquisition (ticker: DWAC).

The companies agreed that Trump will arrange his ownership and position in Trump Media & Technology to avoid the need for its restructuring in the case of a “Material Disruptive Event.” The merger contract defines such events as Trump announcing that he’s running for a public office or being “personally convicted of a felony criminal offense.”

https://www.barrons.com/articles/trump-media-dwac-spac-filing-disruptive-events-51635434471?mod=hp_DAY_1

A cynic might suggest that the CPR was released to give the share price a boost before a placing.

Many posters seem to be of the opinion that a financing event has been in the offering for a while; the company should address this by either stating categorically that they do not need funds if gas flows by [state month here] or launch a placing with an open offer element for qualifying shareholders underwritten by the placees.

I expect the market would love some certainty and the share price would quickly appreciate.

'Foresight Sustainable Forestry Company Plc offers investors direct and liquid access to the attractive investment characteristics of UK forestry and afforestation projects, with scope for upside via the carbon and timber markets.'

https://www.foresightgroup.eu/foresight-sustainable-forestry-company-plc/

IPO open - Tesla makes more money from carbon credits than selling cars... but I would have thought that generating green credits in the 3rd world would be cheaper than paying landed gentry in the UK to plant more trees on their estate.

Do you need an IQ of less than 99 to think that 'a congratulatory statement' is actually a question from an investor? It seems a bit dim witted to put a statement on a question and answer board - what could the answer be?

I do - greed and stupidity; a bit like Brexit believers who cannot accept that there has been short-term damage so far.

I did mention cults building jam factories just yesterday... the first post I read there today is: 'Added more here. The show has just started, get your popcorns ready.'

That relatively new poster may be on the start of a long and expensive voyage.

There are too many shares with low m/caps that are more like cults. If you pay enough attention they can be traded if you are tuned into the sentiment well enough. But those companies tend to be loss making companies trying to establish jam factories so there is always the chance of an unexpected law suit or placing coming along to wipe out enthusiasm.