Member Info for sharefall

No reason for it. Will not happen IMO

I'm genuinely surprised how many analysis focus on the short term future. Iv you can hold for more than a year and not worry about divi for 12 months, these prices are a steal. I'm steadily adding on dips.

Murmurs, agree completely. Approved vaccines will be safe. Otherwise will not be approved. I will be getting mine when I get the chance and everyone should. Only way to defeat the virus is for the population to develop herd immunity and to do so we need in excess of 60 to 70% to have the vaccine. Many can't have the vaccine due to poor immune systems. Rest of us need to take them. Scare stories fabricated for selfish reasons are abhorrent. It's not taking the vaccine that will cost lives.

RT003, great news indeed. They are preparing with good reason. Must be fairly sure of Dec as the timeframe by which they hope approvals will be given. Regulatory processes should take a month so results will be released in 2 to 3 weeks latest. My hunch is companies will release after US election to avoid any political fallout. Not long before shares destroyed by covid get some boosters and a massive reversal. ATB

Tacet, I'm always grateful for info shared in 5he right spirit and backed up by reason. All I'm trying to say is the pandemic is a once in a 100 year event and no amount of charting will help predict the short term movts of share price when day today news flow is the dominant effect. So you look at charts and I read the news flow to judge. One will influence the other so convergence is likely and possibly inevitable.
I'm just wary of people speaking with absolute conviction such that some private investors get taken in and lose hard earned money.

Excellent analysis Happy. It's why I added more this week on the dip. Much more relevant than black crows and candles. Sorry tacet. In normal market conditions, technicals mean much more. The pandemic has chucked out the rule book. Sentiment outweighs everything else currently. Don't deny hedge funds can create havoc but they too are following sentiment. They are just one step ahead of the rest of us and this sort of adds credence to your technical analysis. But sentiment is the driver. And the points by Happy are why sentiment will take this SP much higher. ATB

I'm currently on the sidelines but looking forward to getting back in at some point when all the spin and games have settled. This is a world class company and will emerge strong from retructure and changes forced by the pandemic. ATB

Welcome back. Even if with a changed tune. ATB

Odd coincidence perhaps.

Marcus, thanks for the link. Interesting - will at the very least reduce liabilities associated with closure. ATB

@Purchase - there I have to disagree. Drip feeding to lower your average does work if you have done your homework and are buying shares that are on a dip. Not everyone has a wad of cash and sometimes you release money elsewhere to buy and accumulate on dips - and lower your average. Yes, overall exposure is higher but this will be ok if you are sure about the fundamentals. ATB

Got my ave down just below 2.3. Avoiding the noise on these boards is key. DYOR and don't be influenced by people seeing things in candle light! ATB

Is exactly the weapon used by the hordes who suddenly show up when they are required to drive a share price lower. Fundamentally what has changed in the last 3 months? Nothing significant. Yet SP is at a historic low. This isn't market forces. DYOR and don't let nameless, faceless people mess with your heads. Atb

Incredible value at present. Even the deepwater oil spill did not cause as large a drop in SP. Hold or add and wait for the reversal, which will come soon.

Lat, agree with your assessment. Have added more under 203. We will see what happens. China is a huge consumer and will drive this higher in 2021. Now is the time to buy. There is a lot of oil in storage so will take time for oil price to rise more, but there is also a huge pent up demand for travel which will be released in 2021 with a vaccine roll out over the year. When this happens, these prices will have seemed a gift.

Honestly. Tesla is worth more than BP, Shell and Exon - really? I know where i'd rather have my money invested. I have an electric car and love it. But...will it replace ICE cars in 30-40 years - may be but its a big maybe. Not without issues and we have not yet got to how the green brigade will address the recycling heap of used batteries yet! Meanwhile we need petroleum for everything else plus most of our cars.
Covid-19 is temporary.

Err, why don't you all just type in English so us plebs have a chance?

Poker, useful links. Thanks

Poker, Exactly. Also a Flu season that in all likelihood will not happen. Take Aus - flu rates minuscule compared to usual - same will happen in Europe. Wearing masks and washing hands stops flu and covid spreading - not just covid -19. But this doesn't stop Dr Gloom and Dr Doom plus Sage banging on about how terrible flu season will be.

RT003, you and many of us. with you completely. Way more invested than intended but feel fairly secure here. ATB