Member Info for SmokingDragon

The media are driving this greener fuels more than ever. Theres at least 1 or 2 articles a day describing the downturn of fossil fuels and companies producing them. I dont think it will happen immediately as electric cars etc are way too expensive at the moment. Plus the tech in planes isnt there.

There appears to be alot of short selling. I expect this to go down again as to how far not sure. The announcement of getting rid of managers brought it down to 1.59 last week. Now sure we'll get a drop so hard.

Your right but not for long lol

Looks like its crashing today. Perhaps a good buy in opportunity.

At 1.59 last week!

Thinking of buying BP but keep seeing articles like this https://oilprice.com/Energy/Crude-Oil/Tighter-Markets-End-Lucrative-Oil-Trade.html

The mantra in the media seems to be along the lines of finishing off oil firms.

https://oilprice.com/Energy/Crude-Oil/Tighter-Markets-End-Lucrative-Oil-Trade.html

Nice one guys bit of a novice.

What's a realistic forecast for this company in the coming months and somewhat years? Where do you see the price next year? Would be interesting to hear.

I guess that was just a reflex to the speech. It will take a while till this school project starts making money.

Problem is are they making any profits.

I guess confidence is shaky. I'm looking at Matthey Johnson at the moment shares seem to be dropping. Also at ITM. I think RR will eventually recover, too many facets to her game. Aston Martin however seems a bit high risk.

You would think news like this would spike the price.

Cheers banter. Let's hope the 12 months or so bares fruits.

Hope this grows.

Most Companies want to please it's shareholders whereas these lot seem to continually sh#t on us. This hardly breaks the 1.00 mark. I'm hearing talk about takeovers on here but not sure where that's coming from?

What makes you think there could be a takeover? Has there been talk?

RR isnt one. Risky to put money in companies doing the buying especially the service industry like travel but RR are an engineering solutions and supply firm that has many facets.

Agreed. RR are making some good deals leading to engineering projects.

What I originally bought it for lol. It's like surfing on lava at the moment.