Member Info for rickmeister

Lucky. An interesting combo. Not sure oil and water will mix!

Suzy. In politics the notions of right and left are all subjective depending on where the middle is set. In America Democrats are regarded as raving lefties but here we would see them as centre or even centre right. Sweden's centre looks left of centre to us. Some of the right/left brain theories are now being questioned or debunked. The pendulum of politics will always swing, its a question of how much and the timetable. Boris and his crew will not past forever, and that comes from someone whose politics are regarded as right of centre, but the UK centre not America's. I'm always told I should not discuss politics or religion. How dull.

Without knowing how much oil and cost of extraction, so difficult to guess at. 10x current mcap seems over optimistic, I'd be very happy with a 10p sp.

itye1970. As Tamir Koch and David Lazarus own the best part of half the company would they have an interest in seeing it prosper?

Andy's correct. Ulf K recognised he wouldn't get enough votes to secure the premiership. Despite being called the Moderate Party, it is regarded as far right wing in Sweden and struggles to get support from other parties. PR politics isn't all its cracked up to be.

Swedish constitution requires the speaker to give him an chance to form a government. His chances are slim as relying on all his coalition MPs only gives him a 1 vote margin. I suspect there will be some coalition MPs that wont want him back. If Lofven fails then other parties can try and form a government and failing that a snap election. So weak and fragmented is Swedish political unity at the present, total inertia until Sept 22 is on the cards. None of it looks great for our decision.

Debt fee co., perfect for selling.

Operative word was 'substantive', not repeats about zero carbon targets by 2050 and directorate changes and dealings.

For a major company there is surprisingly little news flow-nothing of any substance since May. They must be doing something? Where are we with Bergen?

Another case of Lofven not having the moral rectitude to face a difficult decision. It is the rent caps that are forcing the supply crisis and as a consequence the rapidly rising rents. Too many parties fighting for position now, looks like he might have to go.

After losing the vote of no confidence Lofven has 1 week to whether to call a snap election or resign. As politicians seem to do anything to hold onto power for as long as possible he may well call for an election. At least he has achieve one thing-the first Swedish PM to lo lose a no confidence vote. I have been in property all my working life and the inevitable consequence of politicians trying to control the demand side (or overtaxing the supply side) is a halt on the supply side. It then becomes impossible to control the demand pressures. Maybe everyone can be encouraged to move from Stockholm to Jokkmokk!!

Hasty. I did try to find out if the Sami pay taxes in Sweden-there is very little info, but it does seem to be the case that they are only obliged to pay taxes in either Norway or Sweden, not both. The Sami parliament is paid for by the Swedish State. The point of this comment is that if the Samis are not contributing to the areas they rely on for their livelihood it must be doubly frustrating for areas such as Jokkmokk which are experiencing financial hardship but can't get investment and income due to Sami intransigence.

Yuri. Its lucrative for the secure lenders and for a while the directors and shareholders. Look at Wonga in the early days, splashing the cash on sponsorship and advertising. Heady days before it all went wrong. No shortage of credit companies offering short-term loans to those who can't get loans for main stream lenders. And don't forget those who provide direct credit facilities for purchases with excessive interest rates.

If Amigo goes bust another subprime lender will take its place, like the Hydra of Lerna. The sector is so lucrative there will always be another player until that one gets into trouble. I can see no value in Amigo being pushed into admin as everyone loses.

CMCs badly need regulating. A friend of mine responded unwisely to an accident claims co. When they saw his claim was unlikely to be successful they dropped him like a hot brick and left him to face a court case on his own. He was very lucky to avoid massive costs. Imo it's an appalling industry.

For uninitiated, like me, how is it possible to raise £80m against a co with a mcap of £13m and if so how do you set the price/share. Most equity raising is at a discount to the sp. I genuinely can't make sense of the BoDs announcement.

Woodstock-where do you get your figure of 36% refusenics? Nearly 60% of the total (inc all ages) population have been vaccinated and a much higher percentage of adults. Your figure seems questionably high. It is important we do not play to the conspiracy brigade, this issue is too critical.

Many thanks, not a helpful report. Wily Swedes on the run.

Looks like the wily Swedes were on the ball. GLA

We seem to be well behind the US based on a 1.42 exchange rate, by my reckoning we should be 10p higher. Lets hope we catch up in the next couple of days.