Member Info for sharefall

I've been following this debate with interest. However you cut this, the fundamental issue is what your individual balance sheet shows. Mine shows it turned positive at 186. In old money my ave was just above 12. So it does seem to be a process of divide new by 15 to get to approx old money equivalent. At least it works for me. ATB

Bs, why would it? Brent up 44+. Cant see a reason for pullback. Is this just your hope or is there a reason?

Possibly not a huge factor currently given other news events but this will only help. Shpuld cross 250, hoping 260 by end of play. ATB

Marcus,
I would have to disagree. If you feel a company is undervalued, averaging down does make sense. Need to do research etc and be sure. Essentially if you think value x is good and buy, value y at 40%lower surely is even more value? Unless something materially worse occurs to change value for the worse. Saga, had risk of going under removed and yet it moved significantly down. Yes, massive dilution so that needs to be factored in. However, 300 will probably be hit well before cruising restarts IMO. As soon as gov't go ahead is received, this will get there. This is all speculation of course. Let's see in a month. ATB

To all those who held on through the RI, hats off. I decided to sit it out so have missed my op but pleased for you all. Hope the miserable doomsayers have left this chat now. Good luck folk. Hope this keeps going up. ATB

Bbb, I'm inclined to go with that prediction too. 225 by Friday is realistic. Slow and steady rise is absolutely fine by me. Nice to be in the green, so I can now safely confess to my dear wife just how much I had invested here!!

Filter in place. Can't let rude people have air time. Londonlife, Good luck to you and goodbye.

Nomad, thanks. Will do. The Emma 4, have obviously reported my post which has been removed.
Arrogant and brittle. Can't take critique. Anyway, yes filter may be the best option. ATB

Had it landed to coincide with the vaccine news, it will have been drowned out. A delay to Friday will allow full impact. Probably not intentional, but may work out for the better. ATB

Happy, agree. Brent having a small retrace is not going to have as significant impact as normal. SP has gone down so far, the recovery has only just began. I bought my first tranche at 320 (I know terrible timing) and thought that was a good price! Anyway, have drip fed steadily since and have lowered by ave to 225. Holding these for a very long time now. This SP should get back to 300 and from there it will shift again on more conventional parameters. IMO

Char, IMO this will hit 12 by month end. More positive vaccine news to come from other studies will propel this SP to over 14 by year end. The drop was overdone. Now that there is a clear pathway to recovery, the rise will be swift. Aimo

Fortunately for me, I ignored the candles and bought a nice chunk under 200. This ain't stopping now and I'm not selling for a long long time. ATB

Rupans, that is still significantly higher than current SP. Hence it's a great value stock and will rise over the next week IMO. A large chunk of shares are in sticky hands so once free float is bought up, this should rise quickly. It's a matter of when not if, IMO

Agree. Particularly to the target clientele for saga. This share should move onwards and upwards from here. Spring will bring a resumption of cruise and other holidays so the end is in sight. IMO

Salesale, agree. Whatever one thinks of Trump, at least he did not start any wars. History will judge him better than present commentators. And I'm not even a fan of his.

Tacet,
You stay safe too.
Just read your posts again, and you will hopefully realise what I mean by becoming consumed by negativity. It's a wonderful world buddy, enjoy it. We are so lucky to be alive and well compared to so many other humans on this planet. Hate and fear are to be shunned. Hope, trust and honesty is the only way we will get through this with our sanity intact. So my message is spread hope not fear. Good luck to you.

Sorry for the typos. Blame fat fingers and small phone, bit I assume everyone gets the gist!

Tacet, the conspiracy theories you in will drain nd cosume you buddy. I don't mean this disrespectfull, but please take your pills. For an intelligent bloke, you do seem preoccupied by dark forces and see bad at every turn. Perhaps it is as they say, you can be too clever for your own good. Take care.

EspecialC,
Its trades like these that makes you think this trading lark is easy. Before you know it, you will be in the red. Stock market thrives on transfer of money from impatient to the patient. Good luck and hope arrogance doesn't get the better of you.

Taskmaster, good link thanks. This investment limitation will be off set easily by lenders from China, India etc. Where there is no viable alternative to oil and profits are to be made, there will be people willing to lend and invest. This virtue signalling by EU, is all well and good but will not really make much difference. if electric or hydrogen can be made more affordable and viable - that will make a difference. Nuclear is probably a good option but not palatable to many, due to the risks as we have seen recently in Japan.
So oil is here for some time yet whether we like it or not. AIMO.