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Auson,
I'm getting battered in China and buying loads more....
What's your play on Stobart?
Absolutely amazing this one....
Is it a spring being compressed or is it a wreck on the rocks....
There be money to be made here....
But only for the stupid and the brave...
Arnold.
With recent articles outlining that all senior partners are desperately seeking to ditch Kenya, and with recent failures I Peru and Guyane, sentiment is crucial to creating or maintaining shareholder value and confidence.
The board seem to be out of ideas and focused on selling the company and reducing costs.
This has bled into market sentiment and the shares are now we'll below scrap value even accounting for a walk away in Kenya....
With no go forward plan or CEO, this is lining up to be an organ donors auction rather a reorganization...
The silence of the bod is indicative of capitulation given their recent silence as this has halved since Christmas....
Ive lived this before with max Petroleum and it's not fun for the big holders as high prices...
There is money to be had trading at this level. You can make 10% from a 3p shift now and the assets are the same as they were at 70p.
But you have to be quick and only focused on short quick gains....
I honestly don't think there is a recovery here. But dyor and all in my flawed opinion...
OFP.
Had my buy trade reversed by my broker last week by accident..
I moaned to customer service and got £100 against my account fees...
I need to send him a bottle of single malt now as thanks...
I see nothing holding this up now. I think management are all down at the job centre or bookies....
This is unprecedented and I'm twitching to buy a rake of this....
Had my buy trade reversed by my broker last week by accident..
I moaned to customer service and got £100 against my account fees...
I need to send him a bottle of single malt now as thanks...
I see nothing holding this up now. I think management are all down at the job centre or bookies....
This is unprecedented and I'm twitching to buy a rake of this....
Not happy reading
Further to other discussions here this is the link:
https://www.petroleum-economist.com/articles/upstream/exploration-production/2020/tullow-hopeful-of-kenya-fid-this-year
Missed today's target of opportunity.
They'll be a next time for 42 flat...
Got no explanation but £100 credit to my broker fees... Rather have it behind the bar where it could be more wisely spent....
The trade was reversed for some reason and my Dosh is back in my account....
Most odd. On hold to the broker now....
Her-indoors' car money for this year... Bus pass or RX5?
Alas Auson I am on limited sources here. I was pondering a paraphrasing of Finks statement in a TiM press release which included a few quotes and I was wondering if this affected their decision to begin reducing their short positions as noted last Friday...
The version of BlackRock statement I read said 'fossil fuels including thermal coal'
It seems BlackRock are shunning future investments in fossil fuels.
I wonder if this includes shorts....
Auson. I've got no L2 access here. Smart phone in the 19th Hole.
Here's your signal Jaff:
https://youtu.be/T-3Iq3XQkAw
Lol Jenifer... Very good....
I sold out of China this morning and took profits... The global economy is screaming for a correction and ETFs in shiny metals hold an interest for me.
This looks great with shorts closing and still no holdings rns from anyone...
Might try a bit of sniping here tomorrow afternoon.
Still not investment grade, this, but certainly a trading share....
I reckon the bod have given up and are searching for a buyer... Nobody left there who dreams the dream....
TD,
Not sure it suits my timings to hold and wait for a bid. This may stagnate or death spiral for months given their operational drill plan...
I've been going back into Chinese Funds given their Corona mini crash of late. Good stead gains so far
I'll watch this one close and maybe chase a few day trades if I see a pattern.
Luck to you.
It was Saturday and I was playing golf in Golf del Sur...
Things hadn't been going well... Breakfast eggs were a bit undercooked ... The coffee was that rubbish Colombian roast instead of my usual heart attack Arabica...
I lost three of my best golf balls on the first round.... Bad run of form followed by a few decisions... Thought my 3 wood would carry the green from 250 out but hooked it...
I'm rapidly running out of golf balls to hit....
Bit like Tullow. While I have mixed emotions on the Marina duster, it brought the sp down for another go, the next operational upside potential is not even on the calander.
Good buying op at 42p?
Not if the only upside potential is a buyout at scrap value minus 10...
Think I'll watch for a while...
GLA.
DYOR.
OFP
Betrayed is an absolute joy to have here. Just watch what he does and do the opposite.
Absolutely love his rants...
Anyway. 4 weeks to target depths in Peru.
Also waiting to see who loses at spoof and gets the CEO job....
Institutional holders were listed at 87% recently.
Sammy has since raised his interest by about 5% to 11%>
Given the daily volumes of 23 million average even including the shorts, that money is in play.
The share has tumbled for the past ,6 weeks from s dead cat bounce high if upper 60's to a 42 low.
Each rally has been met by a measured but so far inexhaustible supply of shares which drove the price even lower.
It's inconceivable to me that this is not involving holdings of reportable shares.
The only way I know to avoid reporting holdings is by having the entire sell order not yet completed....
I don't know who oversees share holdings reports but it must be the lse..