Member Info for StanleyPro

Comrieman, QE is the biggest elephant in the room where over the past decade they've printed ~£900bn to "help the economy" or quite frankly, making us all poorer. BoE's monetary policy is the biggest driver of inflation and now they're trying to cure inflation by hiking the base rate. HBR should be doing well in the current environment and we can tolerate lower oil & gas prices so for the LTHs the risk here is quite low, again all IMO.

the official line that they're trying to sell to investors is that "businesses slowed down in June" and that we may be heading into a recession. This is absolutely not what I see when I look around - central London is packed... people are buying stuff. It's 6.60 - 7 quid a pint on the embankment just 10 minutes walk from Paternoster Sq. (LSX) and you don't see empty tables. In fact, some businesses are doing extremely well, look at construction & materials... most stocks have been heavily in the red for the last couple of months but you hear that contractors are fully booked until the end of the year. Also, looking at oilers, you couldn't have asked for more in 2021 and now we must be ahead of expectations by any measure. Bulls will have it, IMO #NotAdvice

MM's calculator is wrong

Blimey, this SP valuation does not make sense :D Is it the last day of LSX?

we are not "heavily in debt" for the revenue we generate in the current environment. The debt could be easily managed and this has been confirmed by Rahul on several occasions.

when is the dividend date? And what about the acquisition?

I don't see CINE going down this route... don't need to do anything dodgy, just appeal. We have a good chance that the compensation amount would be reduced and we take this into the next round.

"Cineplex has a market capitalisation of $709.55m CAD, so to acquire a 51% stake would cost about $355m CAD (about £223m)."
Hello Mountainous,
this would be possible only if the SP stays constant but it won't... as soon as you start buying large amount of stock the SP will rise. You may be able to buy 5~10% with the right strategy and the help of MMs but not 51% stake on the free market. For that you'll need substantially more money or time which CINE do not have.

I think we're at a reasonably safe level for the following reasons:
1) HBR valuation
2) the SP in a historic trading range
3) share buy back
now the third point is interesting because the MMs could be told that we [HBR] will take everything below 340. For example, Cairn manage to keep the SP above £2 for most days since the buy-back started. I wouldn't want to short HBR and I don't see why sell when the whole market is down, all other oilies are cheap at the minute... unless of course it's not your own money. :D then you should worry and yes, it can go into 330s so I will be very happy because I would buy more for less. And last but not least the directors bought at high 350s so they're all under water and long term the risk is low. My minimum target: 430p

Hi Jeff, can't believe it's this low but no complaints, allows me to buy back in.

watching the 342 lvl being tested again.

that's an amazing purchase, no joke... you've got to love this stock funfair! Every day there's yet another stupid reason which brings the whole market down and it allows to build up position in some great businesses.

Bzohdan, the reason I brought it up is that I'm genuinely concerned when comparing RR to competitors and this is one aspect that's bugging me. From investment point of view, you have to like the business, strategy and management.

@Arsenal17 very good is rather vague :D

shall we compare the numbers then? I knew one bloke who was a post doc at Cambridge and he worked in a partnership project with RR. After he finished they offered him a position at RR with a salary which was something like 36 or 38k... this is laughable Bzohdan. I can almost certainly say that there's not a single engineer with doctors degree at RR Deutschland on less than 80k euros. Question, why is that? If those workers have been paid properly would they need a 2k bonus to help with increasing living costs?

RR are notorious for not paying their engineers properly so I welcome the bonus decision. They outsource some of R&D to their sister company in mainland Europe where they have to pay decent wages (similar to the competitors) because otherwise, nobody would work for them! However, RR believe that in England people should work for food.

basically a usual Friday story... market's flat in the morning, then US opens and we get hammered -> LSX closes in the red, US recovers and we don't get a bounce on Monday because it's old news and then more negativity follows... I don't pay attention to daily fluctuations because the current valuation does not make any sense.

"£2.60 value makes no sense unless the Tullow share price moves up".
The merger is expected in Q4, TLW can be easily in mid 60s by then, the stock was trading at 60p+ not so long ago. I don't see a problem with my valuation.

Still too cheap. I value CNE at £2.60 minimum, some upside on the cards.

I find it difficult to figure out what these hedge funds are doing but it doesn't make any sense to short TLW and long term they will end up on the losing side