RE: Peace, hopefully.18 Feb 2025 04:58
Thank you all for your sterling work, which I am sure I am not alone in appreciating immensely. The upshot is the 'true' valuation - including dividends - is comfortably north of 600p, which is extremely good news. I got in not too far above the current level just as the invasion was unfolding, and unfortunately misjudged the retaliatory impact of the sanctions. But hope to come out quite well on this one, fingers crossed.
Talks commence in Saudi today, I think, and hopefully all that will start to be unwound.
The other one I took a punt on last year (despite the obvious China political risk) was JCGI, catching the bottom @c.187p. I did this on the basis that thousands of brilliant Chinese minds would be beavering away on AI, and that call has worked out exactly as I envisaged. It now stands at 255p, still well short of its peak. Expecting a lot more out of this one. The Yanks are cynically trying their best to hold them back (don't ever be lectured by them on 'free Capitalism' and 'freedom of speech'), but China is nevertheless quietly on the march.