Member Info for skier1

The biggest barrier to a £1 SP here is the overhang from the car-loan DCA scandal. The FCA is due to report its punishment in Sep 2024. Provisions for the DCA scandal for LLOY (Black Horse financing) may have to rise 5-10 times higher during the coming quarters, into the billions. That threat, until it's sorted, is going to hang over the shareprice like a Sword of Damocles.

Achieved its methane targets 7 years ahead of schedule.

Yet another strong intraday reversal. High US volumes today. A smooth 45-degree upslope in the chart. Strong finish to the day. Busting thru the technical resistance layer of £10. Prestigious Russell 2000 listing, tracker buyins, and rising investor visibility coming soon. Multiple bullish signs being repeated and reconfirmed here day after day 👍

The evidence is clear. The tax on UK pension dividends -- started in 1997 (and beyond) -- has destroyed the London stockmarket. London plunged from the world's 3rd largest market in 1997 to an insignificant 11th in 2024. Global investors are highly tax-sensitive, highly finance-savvy, and highly mobile. They can go anywhere. The money has flown to New York. Anyone who thinks dividend or CGT are "just a little tax" are what is known in the trade as a "useful idiot".

Wouldn't be surprised to see UK state debt at £4-5b by the end of the decade. And the tax burden up at the 40-45% level. We've clearly moved into a new era of unstoppable tax and spend. Was watching a lady on the TV earlier, who'd had 2 kids in 2 years, openly saying she knew she couldn't afford the 2nd child... and then demanding aggressively that the state give her free money (thousands) to pay for her 2nd round of childcare.

Looks ready for another crack at £10 tomorrow. DEC keeps on going up, while the broader market is coming down. Bucking the trend. Won't find many more bullish signs than that.

Up +2% today. Yet another up-day for DEC -- in a downward overall market. Another bullish sign. We can see the fear and loathing of recent months has given way to positivity and an uptrend.

Some independent inflation trackers placed UK general inflation as high as 20-25% in 2023. That was 2-3 times higher than the official govt inflation stats of 5-15% at the time.

Broadly speaking, the daily cost of everyday living has shot up about +100% in the past 3-5 years. It's been a phenomenal period of price adjustment.

Like a brave little salmon trying to leap over a big waterfall, DEC made a push to get over the £10 level this morning. Some auto-selling kicked in and pushed the price down a touch. Let's see if DEC can make another push for the £10 line this afternoon 👍

DEC now up +18% from its trough in under a week. A strong weekly reversal. And up 1-2% today, in a falling overall market. Another very bullish sign.

Premarket looks strong. Looks like another upward day coming for DEC.

Looks like the FTSE 100 will jump back over 8,000 on Tues. The UK market is finally looking bullish (for now).

CGNR has been in the exploring phase for decades...

Another 1-2 years for phase 2, another 1-10 years to deal with Nimby planning objections, a Northern Ireland state in total political chaos that could take years or decades to approve a new mine, many more shareholder placings likely to keep the show on the road, a ~90yo CEO, and it could be the 2030s or 2040s before any sellable gold is dug up. It could be half a century from start to commercial sale!

The FT article says the two wine companies quoted are increasing their employees by +5% to +8%. That means Brexit is creating new jobs. That's great news.

The UK water market is facing the same problems as the UK energy market. An industry half-run by the state, and half-run by freewheeling private corporations. Ofgem controls supply, but not retail. Ofwat controls retail pricing, but not supply. The UK has one foot in communism and one foot in capitalism. It's a complete mess.

A quarter of a century gone, dragging on since the last century, millions and millions in dilution placings, share price for punters has collapsed an astonishing -99.9%, the main "explorer" is ~90yo, years of planning objections remain on the horizon, and there is still not a single gram of commercial gold anywhere to be sold.

Sounds good...

Up +6% today. Yet another very strong intraday reversal! After several previous intraday bounces. Very bullish signs. The market is liking the CEO's new growth strategy. With a PE ratio of just 1, versus a sector average of 7, the upside potential here for DEC is huge. Just catching up with the sector average would take the shareprice north of £50.

What we've ended up with under the Tories in 2024 is a leftwing plutocracy. A Labour or Labour-Lib-SNP-Green-Plaid-Cymru-Sinn-Fein coalition in 2025 simply doesn't bear thinking about.

Stock awards are part and parcel today of US executive culture. Every company does it. Getting their stock now makes sense. DEC shares are at a PE ratio of 1, against a sector average of 7, which is a powerful incentive for the CEO and others to grow the shareprice from here 👍

Switzerland is the first big central bank to cut rates, today. The era of rising interest rates for the West is over. Rates have finally peaked, and are on the downswing. Lock in those UK savings accounts at 5%+ while you still can... They won't last much longer.