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Yes i have checked a few. One of my shares is up 400% so too good to be true.

Friday news on airbus certainly does not help even if it is just the press whipping up the worst case.

Before my time i was in first time when they had de-stocking issues but that was many years ago now. I am much more positive this time round. Cash is king and if this business can start to create FCF then i will start to get excited. Mmmm.....just got my IC mag and having a beer reading the sink or swim article. Anyway all have a good weekend. England have 4% chance of winning the world cup.

Roger that roger. Sit and wait news......

2.25p it can sit there for a bit. Currently mulling my next purchase and hdd is on my shortlist. Looking to buy and hold for about 5yrs. Like bango Tcg Prem oil And woodford patient cap Vodafone Truro not had a chance to look at those companies but will do.

That is not a bad little lift on small volumes see what happens when it closes.

Just back from my hols via the chaos at Stansted. Can confirm the airline industry is alive and well, people just love their flying. All airlines pushing hard on costs which must help hdd in the very long run. Plus the lead times to convert away from oil is just so long. I know Branson thinks hyper loops will hit short haul flights over the meduim to long term but oil and gas should see good demand. I thought the price would drift down until the next news still aiming to top up in July.

Yes good point. So say txp get to 2500 per day in 2019 Make $30us per barrel @ at say $85 per barrell. Allowing for a few production issues earnings for 2019 could be in the region of $25m US. Anyone else got a view?

Thanks. Interesting I will have a look. Think things will be steady as you go until the next news. Oil market is positive which should filter through to hdd sales. I think the pubs will do well if england can have a good run. Maybe one year....probably not...come on England

I do like your statement on barriers to entry. The only issues is the current market capital and i still remember the oil companies de-stocking a few years back. I also like the non exec on the board representing a major shareholder. I have a 48 month outlook on this share. Truro if you dont mind what other company do you like at the moment? Regards.

Has anyone got an average pe for oil producers?

Not a bad little move. I am waiting for pay day so i can top up.

I agree with the mid july update that works well " no pun intended" with the 60 days for the two new wells in the forest formation FR1792 and FR1793. Both should up and running now so news after 60 days. If trump and china can do a deal on trade that will only further boost demand. I am really interested in 2019 which will be with us in no time. I plan to add as i can through the summer.

Afternoon all Good article on the oil price today in the business section. Basic themes.... The texas pipeline is limiting production increases, cant get oil to market. Iran sactions will take out another chunk of supply and total are reviewing a major investment in iran because of US sactions. Ven. Is in a pickle with falling volumes as oil workers leave the country. Saudi not looking to turn on the taps as they need to cash for number of reasons. Strong worldwide demand in line with economic growth.

Yes, if you can average down as the sp dips. As we move into summer can be funny time of year. Sell in may and at that stuff.

Oil price will help with the increasing production. Then overlay the fact txp is providing regular market updates is positive. Be interesting to see if the market picks up on this over summer or Sept when it is back to school.

Been following hdd for a long time now. The aerospace deal if they can land it could be a gamechanger.

After a nightmere with flowgroup. Txp looks like an opportunity. Will be through 2k per day soon and then march on to 5k. Just need to deliver a few more result and build confidence. If oil does move up then that could be a real bonus. Like to get my holding up over the summer.

Peter Are you going to the meeting? When is it?

Feel really sorry for all the shareholders. You invest in a company in good faith and hope the bod will do a reasonable job. The aim market really lets its self down with these types of issues. We all know it is high risk but the£30m tax bill is amazing. Some hedge fund will probably pick the best bits out and grab a nice opportunity whilst the pi are left with nothing. Sure the accountants billable hours will extract any last value.