Member Info for NormaStits

Until it was formally announced it’s just ifs, buts and maybes. Difficult to put each and every possible outcome in a Circular? One can wrap oneself in knots looking for dubious acts or behaviours, but it doesn’t really achieve anything.

Surely the bottom line is that if you don’t trust in management or believe in what they’re trying to achieve, then It’s appropriate to sell up and invest in something where you have the requisite certainty in what will unfold. Short of cash savings, there’s not a lot of that on offer? Even good old USTs don’t offer that certainty…

I mean no offence by this, to be clear. I generally appreciate the views of many but it’s also important we don’t become unhinged and look for ghosts that aren’t there.

Subject to a bit more work, no major concerns.

Suddenly we’re back into comments such as “this verges on fraud” and “talk to Kistos again”. Honestly, this stuff just makes my head fall off.

Sorry NewK, haven’t seen this yet - way too busy at work. Will try and catch up on whatever this is. This board seems to have ignited so must be something big, although share price hasn’t reacted in any manner? Will try and catch up.

No problem upomega. I hope everything is ok? The bet stands and will be secured. I can wait a long time for settlement.

Full name is E NormaStits. You just need to say it quickly for correct pronunciation. Changed it by deed poll a few years ago, having been named Hugh J**** at birth. I tired of people ribbing me for my name.

;-)

There are still buyers for NS out there. Labour guff is all PR. Easy to spout off when you’re sitting up in the crowd. If/when in power, they will not switch off the NS. Ignore the noise. Facts and reality will win out. Also means they cannot tax it out of existence, despite proclamations.

“Balanced and intelligent”? Blushing here, Dick. Gracious words. Haven’t been lauded this much since my last year end appraisal. Only joking.

I would love to launch The Common Sense Party to run this country. We would do normal things, we don’t claim to get everything right, admit our shortcomings, we don’t promise what we cannot deliver and we don’t spin the crap out of everything. Clearly not going to happen. I love my country, but I detest the way it is managed. I don’t know if I can vote next time out as nothing jives with me. Perhaps Reform, but I’m not sure.

31 years in the investment industry this year, and now running the clock down into the final handful of years. Have loved it, especially the crises that came along - at least one in each decade. Plenty of winners, plenty of losers. Contrary to what some on here implied a few weeks ago, SQZ is a PA holding and nowhere near client portfolios. (The latter are concentrated global equity mandates.) I believe we can make a decent return from this, but am prepared to sell up when that happens, based on factors prevalent at that time. Many other exciting opportunities, especially in funding early stage private companies. Need to max out there before EIS gets shut down by our future Red government.

A sibling of mine runs the North Sea O&G assets for a busy, global company. Those on the ground tend to know a huge amount more than the rest of us and way before anything is ever announced. Catching up tomorrow and will convey anything I think relevant. Knows Mitch and all the other players. Helps inform the few judgments that I make and share…

Cheers.

No leg ****ing here, dick. You cannot be wrong as this is your opinion and is voiced with conviction and meaning. Opinions cannot be wrong and that’s the beauty of them. Of course, they can be proved to be misplaced by subsequent events, but that’s different.

I have never disagreed with your poison pill suggestion to mitigate the fear you have. I remain confident in the economic prospects of this combination. What shareholders extract from it is beyond our influence, but I remain a believer and am always expecting the unexpected.

You certainly don’t appear to be one of those unhinged rampers. Rather you have an informed, high conviction perspective. Possibly intolerant of those that look at things a different way, even if their interests are aligned with yours, i.e. fellow shareholders.

Tony - an opinion based on >30 years of observation of that firm. Nothing specific to their updated comments on i3e, but that was the context.

WHI wouldn’t be upset and it doesn’t matter who I am. Broker forecasts and opinions are proven misplaced time and time again. Summary of facts is fine, it’s the opinion that I ignore.

Believe me, I also enjoy the monthly dividend and the appreciation potential and am here to enjoy both for the long term. Nothing in the update made me pause for breath, but it was solid. Semantics around our varying reactions, and the adjectives we ascribe to the update, are all fair.

I have known WHI and its predecessors for more than 30 years and place absolutely zero store by their opinion.

Nothing wrong with what you stated; good, but not spectacular, update. Pleased to see the company making solid progress, both in the present and laying the ground for that to continue. However, there were no rabbits pulled out of hats in that update, unless I missed something?

Honestly, zero chance. 21 years into a one-way secular change.

You ain’t going to win that one. Latest data was continued outflows.

Always see those ones. A modern day Bernard Manning…

Not my largest by a long way, but one of the longest held and most profitable; similar to you at 10+ years. Am buying more at these levels. Now producing more oil than gas and the FCF generation likely very significant.

I see…a bit of sunstroke has made you all unhinged. Back to business next week upomega.

Blimey, you’re showing unusual optimism in the shower of sh ite that’s in charge?!

Plus, wouldn’t surprise me if the combination is nudging (possibly exceeding) 50k boepd by then. So many factors at work that influence this, but the potential is definitely there…

Ok, with you on the ‘big reveal’ BB….it will just be revealed over an extended period of time. Like 3 years or so.

Sorry you have cut your holding, but no regrets. Good luck with HBR.

Maybe your disposal is what I am very close to buying as I hover over the buy button. IMHO, risk will further sell off in the short term so will accrue more into/through a possible sell-off. Once this market down leg is done, I suspect we have grounds for a sustained upturn in equities and risk appetite.

Upomega - UK pension funds will not be net buyers of domestic equities, regardless.