Member Info for persimmon

BlackHopper....but which type of no brainer is it?

'their' time

Water off a ducks back Chris. They are wasting there time. As the old saying goes 'there's none so blind as those that don't want to see'. I know for a fact that one person has not done in-depth research by some of the commentary he posted. 'Whatever floats his boat' or in his case perhaps his rig lol.

Chris. I'm not trying to play on anyone's emotions. Some newish investors on here will not have lived through (in financial terms) the 2001 and 2008 crashes, and may well think that a W.N commencement will turn things around. This will not happen, if a massive find is announced later then it will be another 'ball game'. I know you and 95% here are experienced enough to know this is the case. FYi I' well down on all my portfolio too, just holding now for the next few months.

Chris, oil usage will decline massively due to less travel by car for everyone, reduction in aviation fuel by a huge percentage. A glut of oil on the markets unless OPEC intervenes, will mean low prices for a long time. Oil exploration companies have now become a very risky stock from a previously risky stock to hold. Matters will come somewhat better again, but people should resist thinking this will happen in 2020. New technologies are advancing apace, any spare cash may be better utilised in those area's. OMO and G.L to all.

Tryandtryagain.....agree, there is likely to be a global recession on the horizon.t With oil prices into the future to be depressed, many companies will mothball some wells that are not financially viable at this time (that is most). The s.p will be sub 0.9p until 2021 at least in my opinion, even if W.N is a moderate success. With global warming, the move to alternative energies etc oil is not where wants to be looking for profits in the short/medium term. To those who will come back at me with vicious remarks I say only this. See things as they really are, and not how you would like them to be. Hold.

Hi Chris, I don't really think it will make a lot of difference in the present climate. My opinion for what it's worth (I know don't tell me), is that the market including RBD may well fall much further. Personally I cannot see me selling anything in the foreseeable future, or buying for that matter. Hold and wait until the peak of the virus is past; that I believe is the time to engage once more. Selling now makes no sense, unless you need the money.

IMIC-1 test....at last a project that is only a month behind schedule !

Thanks Badger, I wondered if that was it. Many directors have a dormant one set up if they need to defray tax etc in the future.

Anyone looked at RBD on Companies house since last friday?

Before many have a go at me, just from my own experience do not sell now. I took a huge hit after the 9-11 twin towers. It took many months and in some areas years but believe me the better times will return. Just hunker down and be patient.

Hi Chris, I think more will be reaching for the Imodium rather than the Senna pods from the medicine cabinet on Monday morning Lol. But I may be wrong.

Very happy bunny....Very pleased that you do, hope more do to embarass bladehater. Thank you ever so much.

Don't know, or want to know you, but you are so arrogant and vitriolic.
Typical keyboard warrior who has pleasure in being a complete nob to everyone.
Filtered cause you have NO VALUE.

BLADEHATER...the above is a post from you last Thursday re filtering me..
You win the Nobel Prize for hypocrisy. It would appear you have not filtered me after all.
Lying is not a great attribute bladehater. Replying to this comment of mine will totally prove that fact, will it not....Lol

B.H. I see it's just about results now and not also commencement like it was originally Lol
'll sign off this discussion with two old sayings around these parts " you cannot educate pork" and "you cannot fool an old bird with chaff". G.L in your trades.

B.H.......you need help if you are unable to grasp the difference. News that a well is going to be drilled that was already understood will have little inlluence on the sp. News that the well drill will bring forth billions of gallons will increase the sp many fold. So yes we already know about WN EWT, so when the RNS arrives giving a date it will happen it will have little effect on the sp. It is already factored in Get it...if not afraid no hope for you on how it works. Jesus you really are hard work.

B.H Think more about what you have just posted, then you will realise you have just answered the question yourself.
Massive clue, it relates to the s.p being factored into an event in the future which is totally unknown.
The pre drill phase and the eventual results provide massive price swing differentials (for obvious reasons)...always have and always will. Applies to all oil drilling sequencies.
In its simplicity the known, ie (a drill is going to happen) v will the drill be a success (the unknown).

Forgot to add that some businesses gain during others misfortunes. If oil retreats further then major transporters like Wincanton will do well. Pharma also. G.L.

I personally think the bottom for many stocks is still weeks away. Many will keep dropping until this damned virus is over its peak. OMO but will no doubt get slammed by all the usual rampers.

artyth.....I take that as a badge of honour coming from you.