Member Info for nomlungu

Louisiana / Florida Panhandle Thursday night - might be Cat 3 Hurricane. More fun for Superman Trump.

Looks like he might be sampling the Reds regularly? They have a good cellar there as a perk for him to spend his allowance on. There are few gentlemen's clubs that pay you a daily rate to attend and give you a subsidised bar.

https://bothamwines.com/

Another reminder about the importance of Vit D, especially as we enter winter

'A role for vitamin D in the response to COVID-19 infection could be twofold. First, vitamin D supports production of antimicrobial peptides in the respiratory epithelium, thus making infection with the virus and development of COVID-19 symptoms less likely. Second, vitamin D might help to reduce the inflammatory response to infection with SARS-CoV-2.'

https://www.sciencedirect.com/science/article/pii/S2213858720301832?via%3Dihub

[from the most recent twiv podcast]

I certainly think it is:

https://www.technologyreview.com/2020/07/11/1005087/coronavirus-airborne-fighting-wrong-way/

It is not the first article I have read suggesting that far UV should be considered for schools, hospitals etc but do not expect to see government / business react until next year once people have spent winter breathing in each other's pathogens because opening the windows will make people cold / cost too much in heating costs.

https://www.nature.com/articles/s41598-018-21058-w

Story about Kropz majority shareholder

https://www.dailymaverick.co.za/article/2020-10-04-whats-the-beef-with-african-rainbow-capitals-management-fee/

'Companies tend to fold when they run into problems servicing their debt: UKOG is debt-free.'

UKOG have not announced settlement of the £1.1m debt to PW Well Test Ltd - as per RNS 16 July:

Two further instalments at 6-monthly intervals, or earlier at UKOG's discretion. Each payment either wholly in cash, or wholly in shares, or part cash/part shares, each at UKOG's sole discretion.

#FAKE NEWS?

The wheat harvest is so bad this year people may need to borrow to buy bread? Banks love a bit of credit card borrowing.

https://www.bloomberg.com/news/articles/2020-10-05/smallest-u-k-wheat-crop-in-decades-raises-brexit-supply-worries

I wish the bill was that cheap - the OBR are forecasting additional borrowing due to Covid at between £200b and £350b. The Chancellor said at the CONservatives conference today that they run balanced budgets so expect significant tax rises during this parliament

Is there any truth in the rumour that people are making up rumours to try and get the price to rise to either sell the placing shares or to sell their holdings at as little a loss before the next discounted placing is announced?

Once the fizz is gone the ramp can lose its pop; without new buyers to churn through the sells, the share price can suffer.

If it has gone quiet then it will be interesting to see if the shareholder base is made up of a significantly large enough percentage of patient investors or if there are still too many traders waiting for a short term exit.

Fruitloop on the hops?

He briefly left the hospital to drive past the well-wishers and wave to them - seems like he has taken a lesson from the Queen and is acting like a King:

https://videos.dailymail.co.uk/preview/mol/2020/10/04/2710809478391642864/636x382_MP4_2710809478391642864.mp4

Trump is being given every possible drug available, but they have not been tried in these combinations before - there is even a name for this approach called 'V.I.P. Syndrome':

https://www.bloomberg.com/news/articles/2020-10-04/trump-s-v-i-p-medical-care-could-do-more-harm-than-good

As part of the 'Look I am doing fine' publicity they issued 2 photos, but they showed him signing a black piece of paper and looking at seemingly empty files / folders. Even worse, the photos were taken 10 minutes apart in 2 separate locations. A video was also released but experts have identified the Adobe software badly used to edit out him coughing.

Tomorrow might be a good day to have already been in cash?

First they came for the socialists, and I did not speak out—
Because I was not a socialist.

Then they came for the trade unionists, and I did not speak out—
Because I was not a trade unionist.

Then they came for the Jews, and I did not speak out—
Because I was not a Jew.

Then they came for me—and there was no one left to speak for me.

I speak with a foreign accent - when will they come for me? The Government is already encouraging people to turn in their neighbours (for Covid violations).

I echo Wildforce's sentiment... take care C7.

First you demonise foreigners, then you blame the lawyers / the press and then your political opposition. The 3 stages of fascism - with Patel's use of the phrase 'The Lefty Lawyers' at the CONservative Party's Conference this afternoon we seem to be getting stages 2 and 3 together.

The United Kingdom Internal Market Bill further centralises power and Covid is giving an excuse for emergency legal powers being used by Central Government. Populism can turn to Fascism faster than most realise.

Next comes 'Law and Order' as an excuse to crack down on dissent.

A dystopian view of the future

https://youtu.be/2m8YACFJlMg

'With long term view this SP is still quite cheap and it can only get better from here'

Precisely - the best option might be to sell and wait for the carnage and recapitalisation that may be needed especially if as you say Lloyds have 'the lion's share in the UK retail market'. That is a lot of losses to have to absorb which may thin capital cushions in time.

There’s No Place to Hide Anymore When the Stock Market Plunges
https://www.wsj.com/articles/theres-no-place-to-hide-anymore-when-the-stock-market-plunges-11601717401
Lengthy era of rock bottom interest rates leaving its mark on U.S. economy
https://www.chron.com/business/article/Lengthy-era-of-rock-bottom-interest-rates-leaving-15618933.php

Gloom and Doom abounds

Google says the m/cap is £540m; the FT Tear Sheet says 'Institutional shareholders' hold 40% of the shares but some of those seem to just be holding Private Investors accounts (like HL).

Massive losses for retail punters. Some who are over exposed / unevenly invested may decide they need to cash in all share investments in the morning so a wide spectrum of shares may see some selling pressure; Trump is hospital will not help.

https://markets.ft.com/data/equities/tearsheet/profile?s=CINE:LSE

[Users who hold CINE also hold: Lloyds, BP, Barclays, International Airlines, Aston Martin Lagonda, TUI AG, Rolls-Royce Holdings, Tullow Oil, Card Factory, easyJet]