Member Info for onsolidground

I'm tempted to buy but its the lack of liquidity, potential lack of insurance and an equity raise that are the discouragers.

looks like maybe some have been sounded out and are hedging their positions.

Back up

Oversold in all probability having only in the last few weeks retraced from 240p

14/9 is the day to buy

If you believe that the sum of parts of the business plus cash on the balance sheet are worth considerably more than the present market capitalisation.

Right product in the right market place.

Just need to sort the internal shuffling which is for the better and adjust.

Todays RNS said already initiated.

Had already prior been falling since 240p recently so there is probably good value at these levels.

Ripe for a takeover if they don't pull their socks up and quickly.

Wouldn't imo be a bad thing.

CEO had to bite the bullet and his non-delivery has been the subject of review and revision of strategy

Time to nibble a position back in in stages me thinks.

"One of the most attractive tracts in the basin is deep-water Block 3B/4B where Africa Oil and its partners, Eco Atlantic and Ricocure, aim to start an exploration campaign in 2023."

https://www.reddit.com/r/EcoAtlantic_ECO_EOG/comments/wxgvc3/big_things_happening_soon/

Nice find that JeffMills.

Looks like good business coming our way.

Not that it matters with the stock presently suspended, but andrew99 nearly all students at both Leeds University and Leeds Becket Universities who would be in rented accomodation at either Hyde Park or Headingly are still on holiday and start back end Sept / October.

Freshers week also for new students I believe also starts in a week or so and most will be in Halls of Residence nearer the City Centre.

Maybe retry in a month or so if you have the time.

https://leedsunionevents.com/whats-on/official-university-of-leeds-freshers-week/

https://www.leedsbeckettsu.co.uk/whats-on/events/

Making its way nicely past Sierra Leone

Expecting news of a farm out with Shell or Total prior to spudding, or the price increases dramatically if they hit black gold.

https://www.marinetraffic.com/en/ais/details/ships/shipid:313453/mmsi:259081000/imo:8769731/vessel:ISLAND_INNOVATOR

Troublesome indeed he will remain impartial on political matters and your statement is correct but everyone knows where his sympathies lie and there will be another member of the Royal family that will take up the green and climate change agenda (with his private council, behind closed doors). Are you really that naive?

I looked in here a few days ago when JRM was appointed as the Minister for Energy, Climate etc.

Pretty quiet on the other side of the coin on the news that Prince Charles, now King Charles III after the sudden and tragic passing of his mother Queen Elizabeth 11 is probably one of the biggest proponents and visionaries on Climate change and ecology in this country.

Should be highly beneficial to the green agenda and that of hydrogen, solar and wind generated energy.

Energy Bills capped at £2500 for 2 years and business help also in there, instead of the over £6000 forecasted bills that were being extolled only as recently as last week.

Meaning people will have greater certainty over future energy bills and get to retain more disposable income for discretionary spending on holidays and other bigger ticket items.

https://www.dailymail.co.uk/news/article-11193045/Energy-bills-frozen-2-500-TWO-YEARS-says-Truss.html

RIP Queen Elizabeth 11.

SimonV, overall responsibility falls to the PM as you have just seen with Boris Johnson and Partygate.

More to the point neither the PM or JRM runs ITM Power and there are Paris agreements and other climate change targets which all have signed up to irrespective of the personality.

He may be supercilious as some describe him but he will be accountable to Liz Truss and will have to continue to deliver on the Uk's strategy for energy independence and the COP climate change agenda.

Lets not forget how far the company is down the route with the hydrogen economy.

Excellent news.

What with Boohoo and Pentworth having acquired over 18% between them and UBS having acquired from scratch over 6% then thats nearly 25% of the company in firm new Institutional shareholders hands.

Makes for an interesting opening should things turn out as reported.

Should see 30's or 40's you would think.

You make some sweeping assumptions there and anglicise your answer when TUI sell in several countries. Fuel / Electricity price rises are constituents of rising inflation so by freezing them you will assist in calming inflation and leave people with more disposable income than they would otherwise have had. It is then discretionary thereafter how that money is spent. Your predictions for next year may have been right but not with any government intervention.

I'm on holiday at the minute and there are Plenty more where I am and as one set leaves another set arrives. The guy in the supermarket in front of me this morning pulled out a €500 note to pay for it.

Just to add I departed through a London airport fine and the baggage was there waiting for us when we cleared customs. None of the chaotic scenes and press furore that we had at the May school holidays with long queues, luggage going askew, delays and cancellations.

\a lot can happen between now and next year. Far better to be focussing on improved profitability and the next update.

New broom.

Lets see what Liz Truss can do to ease the cost of living crisis and to leave more disposable income in peoples pockets for discretionary spending on the likes of flights, holidays and cruises.

Lets get to the oil and follow in the footsteps of both Shell and Total then the share price will transform itself.

Should probably do so before then with farm out talks with them. They both know what they have already found and Shell is being coy in not telling anyone how big their find is.

2phevs, your suggestion may not be as daft as you think. It's been a rigged market on this share price for weeks and months.

If you yourself believe its undervalued you look to buy on a strategy of successive 20% or 10% dips and let whoever is manipulating the price do the work for you. Add a crescendo on the 14th Sept if you feel the price is right.

MM, CEO, buys £821k at 70.2p
Lord Allen, Chairman, buys £1M at 86.27p

Must be worth at least 4 times this share price as a minimum on sum of parts.