Member Info for Notmyjob

Most players in the sector have been over sold with the zombie apocalypse priced in.
Some absolute steals available at the moment.

I’m already holding ADM in the family stable so on a day like this you simply have to top up!
Albeit in the same sector but a panic induced drop based upon the results of another company!!
Investing is a long term game.

Every income p/f needs to have a slice of LGEN in it.
Bordering on bomb proof.

Another insider buy, this time a little north of £45 000.

I wouldn’t be surprised given the recent bashing of oil companies and their profits that today’s trading update was deliberately opaque and low key.
Big numbers to be released at the end of the month when MP’s are on their expensive exotic holidays and the left wing media hacks are sunning themselves somewhere.

https://twitter.com/benjameslucas/status/1543710545718779904?s=21&t=fEDpbaDgOFU_ynbMAUx_2A

Last post Neil?
That would be a shame as you appear well researched and I for one find reading your posts very informative.

Director purchase of 45 000 shares showing up on this morning’s RNS.
That’s over £700 000.

Whether you flip shares for a quick profit or look for value and buy for the long term an 8% fall on a FTSE100 company has to be taken advantage of.
I’ve added to my position on the back of today’s fall (Prompted by the 2pm RNS)
NG is down c30% these last few weeks but we all know that by the Autumn the price will be soaring again.

Mini spike up in the share price at the end of the day.
Interesting to see if a large buy order was filled.

U.S. aims to raise $200 billion as part of G7 rival to China's Belt & Road
(Reuters)

U.S. aims to raise $200 billion as part of G7 rival to China's Belt & Road
Reuters.

https://www.cnbc.com/2022/06/26/g-7-nations-to-announce-import-ban-on-russian-gold.html

Take a look at this time series graph on the price of coal.
https://tradingeconomics.com/commodity/coal

Excuse the pun but coal is hotting up.
https://www.bloomberg.com/news/articles/2022-06-25/germany-pushes-for-g-7-reversal-on-fossil-fuels-in-climate-blow#xj4y7vzkg

https://www.telegraph.co.uk/business/2022/06/25/climate-pledges-abandoned-putin-sparks-global-coal-crunch/

Apologies. This is the correct link.
https://www.reuters.com/markets/europe/five-countries-seek-delay-eu-fossil-fuel-car-phase-out-document-2022-06-24/

https://www.reuters.com/

I feel the vast majority of the public do not fully understand and appreciate the gigantic task and cost that moving away from oil presents.
I also wonder whether Western govt’s have a handle of the magnitudes involved.
Oil is here to stay, it is far too integrated into the modern way of life and the way of life that 70% of the world’s population aspire to.
I just hope we (BP, HMG et al) don’t blow holes in their budgets chasing the green dream.
Of course green energy will play a part, but that part is limited.
This link was posted on the HBR bb.
https://www.youtube.com/watch?v=wDOI-uLvTnY

Wow.
That article certainly gives some perspective and size of scale on the use of oil from the Strategic Petroleum Reserves.
Those barrels are going to need replacing.