Member Info for oogleflugal

bloody google AFRITIN , not African typo

Decided to cash my chips in African which I started building a stake in last June, so had got quite sizeable as well as profitable which is more than I can say for the rest of my portfolio. Tin finally comes off its high. FMO here as I think it will multi bag but they also will need to raise cash again soon I would think to ramp up production with lithium coming on line at some stage . One to watch. Looks like I have got all my placing in CNIC including excess, I thought they said it was oversubscribed. One of the fastest growing tech stocks in the west apparently! It should be with the amount of debt. On the other hand revenue could rise to 500 million from about 200 million last year, rapidly catching up the big competition in the States. Its on a ridiculously low PE of around 10 now. May well go below the placing price again, the way things are now, in which case I will definitely buy more.

Morning all. Wouldn't we all like to do the same to Putin? Totally agree T. I just scrapped a hugely longwinded post about Russian history since the 'Wall.' Suffice to say I agree. We to all intents and purposes at war. Putin won't stop till he is eliminated. This'll just get drawn out for years otherwise and be far more damaging in the long run. Not a great decision to have to take but I can't see any alternatives. There is way out for Putin. He will just push and push as he gets more desperate.

Great to hear from you CSDi. Sorry to hear about your chess chums, but sounds like you have adopted the right attitude both in living life and investing. I earmarked 9 stock to watch over the next few weeks. GRG to my surprise went down after results and ones I was less sure about seem to have gone up. Obviously better if I remain sitting on hands. I think its all very much in the balance at the moment. One thing is for sure even if the market recovers or steadies and the war ceases for however long, there are going to be repercussion on world economies for some time to come. Still should be able to make money hopefully

Morning all. Market seems to be pricing in Armageddon. Bit late for that! Russian nuclear on high alert. More terror tactics. We could say the same to them. Really pathetic creatures Russian soldiers killing defenceless woman children and threatening all nations trying to help. The lowest of the low. I do however pity Russians protesting against the war. They have to do lot more than that. Its their war! Firstly to show the west they mean and secondly, to stop Putin instead of surrendering to him. Massive collections for Ukraine around the UK. We have an HGV lorry heading out this morning driven by a Ukrainian heading back to fight. Nappies, nappy rash cream torches and batteries for soldiers, snack bars, tape, utility tools etc. This was a list of stuff they needed, and set up by local businesses collecting money and supplies. God speed and good luck to Ukraine

Funny you should mention that NB about European defence spending. Finland celebrated their 100 year independence from Russia just 4 years ago are suddenly very keen to join NATO. They are seeing a steady flow of Russians escaping Putins regime before they're locked down. "most people in Russia do not want the war, killing its own family.' Sweden, Germany, Holland are all upping their defence spending in a hurry.

NB. Shane had a long time to wait for a bat, especially when playing England regards liking a drink. Sad news especially after paying tribute just hours before, to another Aussie legend Rod Marsh who also died from a heart attack this morning or last night.
I was just thinking about buying some stock, thinking the Dow might be shrugging off the latest news. Seems to be turning down again. Not only that but looks like CNIC might be heading below the placing sp after all having bravely fought its way up. Still got next week to send the forms in. Does not look good at all. A lot depends on what our extra support or more accurately America's extra support turns in to. Cant see a meaningful negotiated ceasefire lasting, even if it happens. truly awful situation. So sad. Not least because it is so unnecessary and avoidable

Lovely morning up in Broadstairs. Impossible to say whats going on. Does Russia think they have secured Chernobyl. In which case they have 5 more to secure. T you were right about worse tomorrow. Itv looking really set up for a bid. Directors piled in this morning

Putin is a sinister comic in the he is the only one who finds himself funny. How did a dunce become so powerful? Only Trump knows the answer to that.
I think Boo has actually fallen more than FXPO. I cant believe stopping trade with Russia can have effected their trade that much. I'm sure OCDO would be a good long tern trade from here. Like BOO they have growth potential but have an unfortunate knack of getting into too many tangles. More interested in Japan again. Got in a wee bit early on the way down. Never thought they would fall so far having ridden out the olympics and omicron ok. Night all. sleep well!

T Have been keeping a watchful eye on Ballie Gifford's Mnks & SMT . Both considerable fallers of around 30% from summer highs. That as big as some of my riskier plays. Part of that is the widening of nav values. The used to trade at a premium.
We 've got Putin and Biden saying you ain't seen nothing yet. Some people placing almost reckless bets on Poly today. I am tempted by FXPO but if it falls into Russian hands I think you could say goodbye to that. Frankly there are as good if not better plays in the 'free world'

Certainly glad I held off ITV this morning, just dropped another 10% after pretty decent results drops 30%? Naked Trader pretty deep in here. So he finally got one wrong. Rumour they are buying rest of Britbox off beeb. Anyone know anyone whose ever bought Britbox selling programs to watch we already paid for several times over. If it looks too good to be true.....etc. Clothes retailers getting hammered all round. Funnily enough I've just bought more clothes last week than I have in the last ten years. Should improve the profile.... slightly

Well that about sums up Putin's army. Two Russian helmeted security manhandling 90 year woman peacefully protesting! Putin can turn off all the media outlets he likes . The world already knows

Wondering about ITV, the perennial takeover target. Best not get distracted. T excellent collecting funds to support Ukraine victims. Apparently Abromovitch intends to give the proceeds from Chelsea to 'war victims.' I guess that means the murdering Russians too. Apparently he conducted all the interviews for Putin's inner circle, so although he likes to be seen to be doing the right thing, looks like he is just desperate to save his skin with a decent wadge of cash hidden away somewhere. He has been refused citizenship in Switzerland which is unusual for the rich loving country.
Great prog on BBC 4 last night about the demise of the independent Russian TV station 'Rain' the brainchild and owner of an incredible lady called Natasha. Some interesting insights to how the Kremlin eventually thwarted every effort form this heroic band of youngsters to keep independent news flow alive and their moto to tell the truth which is of course illegal.
I was wondering how other former states were supporting the Ukraine. Georgia have held a few smallish rallies but little Estonia have supplied Ukraine with tanks but have been criticised for not yet supplying jets they promised. It would seem to me that Russia is severely weakened at the moment by deploying 75% of its troops to Ukraine.

Morning brigade. NB. Yes we have seen a few ups and downs. The first one for me being 87 crash. That took about 18 months to recover. Erm and mortgage related from memory. Mortgages doubled fro around 9% to 18%. A bit like the Russians today. I was mainly fighting to hang on to our house while others with little equity in their homes just handed their keys into estate agents and tried to disappear. One guy did that quite spectacularly bu conning Lloyds into loaning him about a million quid to buy a mansion and disappeared with the money to buy property near the Berlin Wall being pulled down at the time . Reactionary investing!
I watched a zoom with investment managers being asked what they were doing at the moment. Mostly they said 'nothin' for fear of doing the wrong thing. Bit different for them because of the size of their portfolios. We are as they say at a crossroad. The time for panic selling hopefully passed. One great point they made was that in the age of internet investing action tends to happen at speed so the falls can be fast and brutal but also the recovery can be swift and stratospheric as witnessed when the pandemic broke.
Having said that each event has to be looked at on its own merit from 9/11, Kuwait invasion, Iraq, etc. All having a profound effect.
Unfortunately Russia has the potential to be catastrophic depending on the mental health of nuclear Putin and the strength of those around him to intervene if needed. According to a post on IAG this morning someone tweeted imploring us to leave reviews on trip advisor of Russian restaurants and places like KFC to tell the people their not to believe their media that has made no mention of the 40 mile convoy outside Kiev that has run out of petrol, frozen fuel lines, mud and morale broken, apart from not having a clue what the plan is if there is one.
As an ex soldier explained last night if you go into war you need a plan both for victory and exit. Russia clearly have been wrong footed about Ukraine resistance, Western unity and universal condemnation and crippling sanctions.
The initial rally in the markets after immediate invasion was the west expecting a quick result either way. Barring a nuclear intervention victory seems to be tilting Ukraines way again. The next question is what are the west going to do with Russia should this be the case and Putin is still alive. I should imagine he will face enough wrath from his own people and any new regime would be face strict conditions if they want to re establish trade with the west which they will have to. They need us a lot more than we need them. So the eventual possible outcome looks very positive and quick, but there is of course a big if. I'm not planning on doing much more than taking up the placing and have a small amount to reinvest, probably in a couple of investment trust whose NAVs have widened considerably in this latest crisis. GL all

Tricky days ahead. Most of my pf looking rather unwell. One of few exceptions being CNIC which announced a raise yesterday @1.20. Today its actually gone up to !.37. Must be a first for placings. Not bad in this climate and us small share holders get to take part. Obviously being and internet business things like supply shortages, interest rates etc have no direct impact. But admit T I thought Wales were going to do us in the red zone. Caught them napping in the first half. Both yet to face France. As usual they improve through the season. Wales look much better too. England could go close but would have to catch France on a bad day and improve to play 80 minutes not just the first quarter. Held on well in the end, but should be attacking not defending. Wont get away with that against France. My boys are taking me to see Harlequins v London Irish in April so hope to see Marcus Smith live

DJ. Lovely description of Oliver Reed on a bouncy castle. Took me right back to a pub I worked in with him and his brother as customers. thankfully not regulars. They wanted to 'punch my lights out' when I refused to serve them long after closing. Wee bit to drunk to succeed. Reed used to take his builders down his more local pub in Dunsfold of a Friday lunchtime. Then sack them for not getting on with the job, and re employ them all the following week, rinse and repeat! Don't know if the house ever got finished!

DJ. Exactly right. John Author Points of view on Bloomberg goes into a much longer explanation of what you say. The market reaction today, yesterday in NY is crazy. they are saying ok Putin gets what he wants. The sanctions are ineffective and to a large extent already factored in by Putin now murdering civilians in Kiev as I write. Its awful. The consequences are annihilating Putin are immense. The consequences of not annihilating him are far greater. Exactly as with Hitler. We can sit around and hope some poor devil tries a suicide attack on Putin, (didn't work with Hitler either) What exactly do the Russians want with Chernobyl now? Putin will just keep pushing slowly. He's in for the long game.
He has murdered or arranged the murder of several people here in the UK and no doubt countless other countries. Risking the health and safety of the people in Salisbury, and ruined lives and businesses there already. What did our government do ? Sweet fa. They just say 'oo we tried a bit of diplomacy' and stopped importing Russian dolls for a month.' Our parents sacrificed everything to defeat Hitler.

Morning all. The end to an historic week for all the wrong reasons. Finally the conservatives have turned on their oligarch friends. My sons had to prove where and how they got their hard earned cash to put a deposit down on their houses. Oligarchs could just get Uk banks to launder their money and buy blocks of flats, housing estates and football clubs with a donation to the Conservative party, no questions asked. I believe it was Merv the swerve, former head of Bank of England who told us the party was over after the financial crash, while our next chancellor Osborne was partying on a Russian oligarch frigate in the Greek Islands. I remember when I bought a couple of houses in Margate a few years ago , there as a Russian oligarch frigate used to moor up just off the coast. Apparently on a property buying spree . It was a rumour, what the purpose was , but the ship was very real and very Russian and was there regularly for periods of a couple of weeks from time to time. Well it looks like the party is over now Merv. As the PM said last night, the bill will cost us. Bp are obviously going to pay a fair bit. Seems Asia have followed the USA bounce for now. Extreme caution is the word. Thank god I got out of FXPO which was my largest holding at one stage. No doubt the ore will still be in the ground if the Russians haven't mined it all with bombs. GL all

N-B that is a question often pondered. I think the answer lies somewhere around last May was the time to go to cash! I honestly feel safer invested than too much cash right now with rising inflation. If it were to continue, your cash will be worth half what it is now in 5 years time. Hindsight is a beautiful thing but timing is as much about luck as anything. If world war 3 were to kick off it wouldn't really matter anymore anyway. I hope this will be a relatively short affair judging by the way Russian military precession is being orchestrated. Its just a terrible tragedy diplomacy failed again for which I blame all leaders concerned equally, especially after seeing our own defence secretary Wallis in action in Afghanistan and recent briefing over Russia in London. God help us. As FXPO have stated' they are not really in a position to predict the outcome of Putins's intentions '
Its funny how share prices always come back to you. I missed out on a lot of potential profit in FXPO selling up a couple of years ago for this kind of scenario. As I was explaining to someone invested in POG, another stock I fortunately stopped trading, their prices were always suppressed because this risk was always there. As to the rest of the world I would expect normal service to resume for the most part, although it seems the energy crisis has only just begun.

It does kind of put 'partygate' into perspective. Perhaps thats what Boris was banking on. Spin everything out and something will eventually overshadow his own misdemeanours. On the other hand Trump has put his head back up over the parapet saying its America's weakness in withdrawing from Afghanistan that has allowed Putin to seize this opportunity. Obviously he has severe memory loss that he was the one in office at the time that instigated the withdrawal from Afghanistan.