Member Info for nomlungu

'lower opec exports'??????

'OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on Saturday, despite falling prices and expectations of weaker demand.'

https://www.reuters.com/business/energy/opec-set-make-another-accelerated-oil-output-hike-june-sources-say-2025-05-03/

Richard Tice rows back on Reform’s £90bn tax cut pledge

https://www.telegraph.co.uk/business/2025/05/21/reform-rows-back-on-tax-cut-pledge/

#realitycheck

Trump's Economy Is So VOLATILE It Might Just SINK Him

https://www.youtube.com/watch?v=ke6ivuO0Mf0

Bad maths? £90m a year if true = £9 billion. Any link?

Israel preparing to strike Iran fast if Trump's nuclear talks break down

https://www.axios.com/2025/05/21/israel-strike-iran-nuclear-facilities

Bibi waiting until Trump feels snubbed... It is over 60 days since he gave the Iranians 60 days to sign a deal so Trump's impatience index will be rapidly climbing.

Dow slides more than 800 points as spiking Treasury yields and deficit fears spur a sell-off: Live updates

https://www.cnbc.com/2025/05/20/stock-market-today-live-updates.html

UK 30 year Gilt is 5.549%

https://www.cnbc.com/quotes/UK30Y-GB

'tangerine dream' or 🍊💩

'The U.S. Federal Reserve just pulled off something stealthy — over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. Not exactly small change.

Quietly returning to the quantitative-easing trough isn’t standard Fed housekeeping — it’s like a bank robber returning to the scene because he forgot his car keys.

Let’s talk straight: This isn’t tightening. It’s stealth easing. It’s monetary policy on tiptoes. Some traders have begun to notice, and smart investors should too.'

https://www.marketwatch.com/story/why-is-the-fed-quietly-buying-billions-in-bonds-and-hoping-nobody-notices-6bda3791

Treasuries at 5% and no buyers just as Trump tries to force through a deficit ballooning budget... Debt reliant asset classes are in for some stress... And banks are going to be facing losses on property loans that will hinder their ability to lend to producers... Happy days for vultures and gold investors.

Trump launches knock-out assault on dying honeybees

https://www.rawstory.com/trump-cuts-to-agriculture/

DOGE abandons research into bee die-offs.... 'Since June last year, the U.S.’s honeybee industry has seen its worst period ever, The Atlantic reported. More than 60 percent of the insects mysteriously perished.'

I ought to have had some coffee before posting... 10p on a share suspended at 9.5p? My brain had first read suspended at £9.50 despite even typing 9.5p.

#100%fool

Evi - not anymore; all banks accounts there now closed.

Oops - so you are all happy at only a 90% discount?

PPP - suspended at 9.5p; now issues CLN that allows first £150k to be converted at 10p and the punters on that board cannot understand just how bad it is.

Never fall in love with a share.

M22C - go on; explain how issuing £150k worth of shares at GBP 0.10 is not the same as issuing £150k shares at 10p each.

It clearly says in the RNS that the first £150k can be converted at GBP 0.10 per share

"GEM may convert the Initial Tranche into shares of the Company at the lesser of GBP 0.10 per share ("Fixed Conversion Price") or 100% of the average for the three lowest closing bid prices in the 40 days immediately preceding conversion ("Floating Conversion Price")."

No - you need to face reality. The directors who have a fiduciary duty to look after shareholders have seen fit to allow a £150k to be paid in shares issued at a 99% discount to the price they were suspended at.

⚠⚠⚠⚠⚠ Newark Liberty international airport ⚠⚠⚠⚠⚠

'An anonymous worker has been signed off with trauma leave since the power went out and she sat there, alone, unable to see the planes. It’s only a matter of time before tragedy strikes, she says'

Because firing air-traffic controllers is a good way to fund tax cuts for billionaires.

https://archive.ph/zI0nc

Virgin Atlantic operates direct flights from London Heathrow, Manchester, Edinburgh, Birmingham, and London City airports to Newark.

United Airlines offers direct flights from London Heathrow to Newark.

British Airways and other major European carriers like Lufthansa, Austrian Airlines, Air France, and Swiss International Air Lines also serve this route from Heathrow.

Some indirect flights to Newark are available from London Gatwick via Vueling Airlines and French Bee.

Https://www.mastercardconsumerclaim.co.uk/

I am a fan of free money... £66.50 from Ocado earlier this year [paid for 4 large free-range chickens]

£720 from HMRC from my SIPP top-up [no salary to claim tax back from]

£9200 from ZARS from settled tax dispute [ZA tax office]

WTF

https://www.youtube.com/watch?v=LXjvr9CPQjs

The invisibility suit

https://www.youtube.com/watch?v=PSO_9Ibb-BI