focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Any place left for retail investors or is it time to simply buy a metal detector and go beachcombing to make my riches?
https://www.youtube.com/watch?v=AWBRldjVzuM
Funny, 100 is blue and the 250 1.5% down. I expected worse this morning but what do I know. Great to see the bleeding slow. Mondays are usually rocky atm anyway. May go blue later- i can feel it in my bladder; if so a whole box of Tunnocks tea cakes and Thunderbirds are on ice .
So the pension funds are selling which may open opportunity for other players looking to cash in on high energy prices. I'll be interested to see if we rebound fairly quickly from new money arriving as well as existing investors (as long as poor old Mr. Market can contain himself over the coming days.
The sp was lacklustre for ages with trade vol dropping by around 1/3 yesterday and friday.
Therms 300 for November and the weather is getting chillier now. We might recover something as the cyclical winter investors arrive on the first frosts. In this long term as my record of chopping and changing companies has lost me most of my dough over the years. GLA
A bit early for Blue Nun but if we see a good tide, perhaps mid fifties unless the suppression bots are out in force. If we don't see '47 today we might be on a v.v.v slow uptrend now. Time for a Maxwell House. GLA
A good old flat finish after we've seen ~456 today and ~447 today. I was worried the sp would get ahead of itself but thank goodness those clever algo bots can keep us from getting the vapours.
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Maybe the ii's want as many bored folk to leave as poss. Charming. Have a good weekend all.
All_at_sea: I was thinking of sauer earlier- he's probably looking in from a distance at these crazy prices.
I consider folks are 'botting the market/ shorting to recoup losses and not actually investing, at least for the longer term. esp. with a threat of recession with the higher int rates and high/ pinched energy supply. All these tides are giving us the pip. The rate rise might have slowed demand inflation but deffo not supply inflation.
Lack of support for u.k o and g is of two aspects, first the above and the second extra enviro legislation and lessened pension (ii) interest esp. in oil/ coal (lumping cleaner gas into the mix) but more renewables in esp. here in Scotland. Plus a lot of the newer fund managers are more environmentally aware (and get point for the tick boxes) to greener funds. As for soverign funds, I think of Norway which has more less quit petro and maybe others too.
I asked a local in Invergordon- the u.k rig park, why so many rigs around. She said green(er) legislation has put off investors and hence drilling activity even with this high prices, which pre-covid led to much more drilling activity in general.
Just my take- passes the time which waiting for the next spike. atb
~455 and ~461 hit today. The right 'shoulder' was ~453. Considering we hit 530 not so long ago, must be time to revisit 530+ now the winter in fast approaching -this bubbling geyser awaiting a breakout. Clearasil at the ready.
p.s These odd movements have come on the day goldsachs spoke of ~£7
Agree. Something could well occur tomorrow. We need a good slug of Blue Nun and a decent Lambrini after a month of aterrible sp.
Unless the ii's aim to p!$$ regular investors off by not letting this rise too much so they simply move on and HBR becomes a divi vehicle.
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If we don't get back to £5 in the coming months I'll sell. I don't care, to be frank, about whizzy outlooks and money pouring into the till...; if the sp ain't rising it won't get me my yoghurt pot river cruiser to live on later on !!
gla