Member Info for Owl85

It is, it's just getting into an position where you have enough capital to make the returns on a fixed base worthwhile. If I can get into the position where I've a second job's worth of income coming in from divs then job done as far as I'm concerned, I wouldn't get greedy with it.

Cost and time more than likely, to potentially overengineer in a formation that hasn't had problems before.

They've committed to £1bn over this year so will have to stick to that, else the SP will very very quickly head the other way. The only way I think they could mitigate that is to say any remaining money will go into div payments in lieu of buyback but that has risks of its own in terms of public image. Tsco always takes a pasting in the media as it is at results time.

In terms of Hydrogen. Am I right in saying that would be a highly valuable find in its own right, even if it wasn't what we set out to find?

HE1 have the feeling of being another 88E, money to be made earlier on from trading it, but a ballooning number of shares in issue will put a stop to that. Drilling for different products but also some similarities in terms of remote locations etc.

It'll come. The days of commodity explorers going nuclear just because the drill bit is turning are gone. Lot more results driven now.

Just to expand on the current climate I think another of the big changes that's been seen over the last 10 years or so is a move away from people who seemed to only be capable of managing a team/store/group/region by nothing more than intimidation. I worked for a fair few of these early in my career. They've put a lot of work into removing these characters from the business and replacing them with people with genuine leadership skills at all levels which has certainly improved the general climate and it gets a lot more out of people. Another big positive.

Same here ccc, an unintended career that has seen me work all over the north of England in various guises, given me a wife (that seems to be a common thread wherever I've been) and enabled me to buy a nice detached house on a decent bit of land and while I'm far from not needing to work, I can live with a degree of financial security that maybe not everyone can enjoy these days. I'd say that isn't bad for a lad who grew up on a rough estate in a family where my dad didn't work, and moved out aged 18 with literally a few pounds to my name. I'd have none of that without the opportunities that Tesco afforded me as a young adult so I absolutely can't complain.

In terms of working here now, I do think there is a degree of allowing that creativity and calculated risk taking back into the fold to an extent, and they seem to be on a drive to really try and improve the overall benefits package available to all colleagues which is good to see given their success in recent years. I've no intention of leaving any time soon, to put it another way.

Ccc - over 20 years and generally yes. Like anything over that length of time there's better times and worse times, but even on a bad day I'd say I dont mind going to work. At best I enjoy it. There's some very good people around at pretty much all levels in my area.

Dava - I'm one of them, got a decent one maturing next spring with an option price of 182p. Long may it continue rising..

Mediman - agreed that explorers of all kinds seem not to get that pre-results surge any more, 88e was an example a bit back of being very underwhelming on the buildup to results compared to previous years. I get there were a lot, lot more shares in issue but the mcap didn't surge anywhere near like in previous years.

I did well to escape with a small gain from what I considered a good entry point months prior, but looking at the SP action since some will have been absolutely rinsed. Backing aim explorers is certainly a tougher gig than it used to be.

Art - the trigger for a large SP increase will be if I try and trade it. ;)

Same here, I put in an order and got it at 18.5. Only put pocket change in though so no huge problem if it was a bit higher, but too good an opportunity to miss.

Same here, struggling to buy.. wish I'd had the cash to hand in my account rather than waiting for it to transfer across, reckon I could have got 17.5 20-30 mins ago when I spotted that initial drop.

There's a huge selloff of tech going on in the US and unfortunately for us Helium is inextricably linked to tech. It's a short-term issue, just a case of sitting tight and holding.

Wish I was brave enough to try and trade the swings, could easily have doubled my holding and more over the last few weeks.

SuperRoty

Getting to the point where I have enough capital to be able to just plug it into a high yield blue chip and have a nice little sideline off the divs is one of my goals. Some way to go yet though.

Newbof - frustrating indeed, there's many an AIM trader that would be better off sticking to the bookies and betting on football and horses.

It doesn't necessarily have to take years, but you can't go doing even AIM shares on an hour to hour or day to day basis. It doesn't work like that.

We were on about the board the other day and how orderly it was, the idiots and derampers seem to be showing up this morning.

The runners and riders are in the stalls, just waiting for the starter...