Member Info for onedb

Brent rallying over 83 too which had as closer to 15p recently . Madness of these smaller caps

True as is price of oil that has not really moved nor lowering debt has helped ! No matter what, it does not seem to help the share price ! Bizarre . Think Enquest needs to do something here for shareholders . Merge probably similar to HBR . Take control of assets out of the UK . The ludicrous tax regime has already seen many leave , more will under the new incoming nutters . Best thing is that people in this country vote for their own demise and are joyful about it too ! Woohooo !

We have had a nice bounce in prices ,yet share price has kept falling . Thought prices would rise especially given the rally yesterday and those gains sticking today . On top of that the breakeven for the acquired entity is lower that for the legacy production so am guessing that the BASF assets are generating great revenues so far this year ,None priced in . in my view of course

We'll soon find out , merger activity seems to be on the horizon . Foxtons hiring bankers that usually specialise in mergers .

Could get interesting,. Just hope we are talking triple digit selling price . that would be reached organically so getting it sooner will be good . Either way am long and staying long

Some very interesting data this morning

- Prior 61.33k; revised to 61.26k

-Net consumer credit £0.7 billion

- Prior £1.6 billion; revised to £1.4 billion

- On net, individuals borrowed £2.4 billion of mortgage debt in April, compared to £0.5 billion in March.

Of note, it is the first time that the annual growth rate (+0.2%) for net mortgage lending rose on the month since October 2022. It was down to a series low of -0.1% in March previously.

source : Forexlive

Good momentum and trend here. Chart wise this looks good in my opinion. Today's good update from Enquest may have encouraged bulls also add and buy HBR with both have reduced debt substantially too

I like progress here

Rates are looking toppish and London rental market remains strong . Industry consolidation could trigger a takeover , lots to be happy about, both exogenous or organically. I keep holding wanting triple digits here before I think about selling

Same I hold Harbour physical share in ii and divi paid 3 days ago an yesterday they were converted into more shares , can't fault them , whereas my spread bets were paid on the 11th April as for spread betting they are considered price adjustments.

Same reinvested mine too ., for the first time ever it actually was above my average . But not complaining as I want more shares anyway

Am delighted to finally being nicely above my average ! After so long . Good grief ! May this now power on and pay nice divis

That potential for a return to peak prices at 400p and the 94p ( up from 88p) 12 month target tells me that if we do see an offer at a minimun it goes for mid 100s . The business alone is justifying current price despite the perception of takeover premium ( the last shareholder letter was saw from 2 big shareholders wanted to sell for 100-120 well over a year ago. Since then things are much better

Am holding on to this strongly . Of note the 5y now sub 4% ! That is a sign that markets are anticipating a rate cut in my view which will inevitably boost those buying with mortgages .

I like this part of the article ( thanks for sharing) Over 2 years if a bidder doesn't snatch it this could be around 110-120 minimum as we see earnings per share rise and the multiple staying similar to todays Good share to keep this one . the quick take out will be good from a personal annualised return for sure but dont' mind holding either

Broker’s View – Price Objective 88p

Analyst Greg Poulton at Singer Capital Markets rates the group’s shares as a Buy, with a Price Objective of 88p.

He is now estimating current year revenues of £158.3m, £17.0m profits, 4.0p earnings and a 1.10p dividend per share.

Over the next two years to end 2026 he sees revenues rising to £179.6m, £25.2m profits, 5.9p earnings and a 1.50p per share dividend.

Certainly looks feasible. That 300p level where am averaged seems to be a level we have to take out , probably a psychological level more than anything as its been so elusive Yet sooner or later it will fall. And the more often we retest the more likely it will get taken out once and for all.

Trend is good and momemtum is there too, from a TA point of view it looks good to me indeed

I wonder how much BASF's assets are contributing at current energy prices.

The sector in general had a good Friday , Foxtons did quite well but it wasn't an isolated stock to go up in the sector .

Think the sector especially in London is starting to pick up . Good article in the weekend press on how flats are starting to outperform as office workers are returning to the office . Foxtons rents out 1000s of flats in London and demand here is huge .

Great data points in that link by the way . Rude health it would seem .

My neighbours put there home up for rent and I have never seen so many come to see it. A property I have that I placed on rent had a bidding war . Its immaculate had in 2 hours I had about 10 couples come see it . All good people too . Good quality rentals are rare and when they are advertised they are like gold dust . My agents always bombard me . I have done property on a good scale as well as trading for over 2 decades

Touch wood mate .

Am hoping to see 65-70ish on this leg up . I trade but like the underlying business too so lets see.

My last sell at 56.08 ( from 35) I was hoping to rebuy lower say in the 40s but didn't get there , on this new trade at 54.8 am hoping to see 65 to possibly 70 and then retrace a little take profits rinse and repeat , I like the trend here which is intact . So I play some momentum to get a little better performance than a simple buy and hold . Not for everybody so no advice to do the same. Its all spread bets in my case as I do hold a core shareholding too always at circa 35p. Those stay still till we get to 120-150.

Just rebought in

Its good to see the 200 simple moving average starting to slope upwards again . Usually a pretty good show of trend strength. LIke it or not its the consensus over 200 days and its now pointing up .

And for once I will see green on this position ! Could it be next week ? Want to be in this to collect the divi That too in my case will get re-invested