Member Info for Starboard

Bailiff,

I believe your instinct re monk is correct. Not clear whether he's Patel, reuben, etc, but I note that all the professed 'traders' only ever advocate selling, they never advocate buying. They claim to be traders in the hope they can persuade other investors that now is a good time to sell, furthering their shorter's agenda.

Only when EPRA's feet were close to the fire of the end September deadline did they admit that they don't know what they're looking at, or looking for. All those twitter posts from conferences and meetings were just photo-ops for officials on jollies.

MasterShorter, aka Patel, aka Dong, aka reubenblackgold on ADVFN, filtered

Even today's drop hasn't taken us below the knee jerk low of Aug 30 Gabon coup, only 13 days ago.

Uptrend since May 17 is still intact, unrealistic to think there won't be pullbacks along the way.

Kenya deal will render debt unimportant.

Those shorts are our friends now.

They HAVE TO BUY to close their positions, pushing the sp up. In the meantime, they are having no effect.

What's hard about this to understand?

Other than oil, what else is there in Turkana that would have the Chinese that interested?

From Wikipedia: "Turkana is the poorest region in Kenya.[24]"

Bonds are up 37% since May low

Resistance at 40p, some people choosing to take profits here after 70% run up since May. Normal price action for any share. Will resume upward march on rising oil or good news or both.

understood pgee. i just thought people would find his increasingly absurd posts amusing. people on advfn are wise to him, no-one ever responds to his provocations. not that he ever contributes anything, just ****s other people off. i guess he believes being demented is all you need to make money in the markets.

According to Patel aka Dong aka Slater etc, posting as reubenblackgold on ADVFN, "The experts on another board have been pumped, dumped and chumped again lol."

Apparently holding a share that's risen 70% since May, and fallen back 1% from it's high, is being chumped. This kn*b is going broke, if he's not already, which I suspect he is. We know he's losing money on his short.

On track for a 4th positive month for the sp.

This last happened in 2016. Prior to that it happened in 2011.

Ruto may genuinely have a green agenda, but he'll be aware a little green-washing will go a long way to attracting grants and funding concessions for infrastructure projects. From the World Bank website:

"The World Bank is an international financial institution that provides loans and grants. The World Bank has 2 goals, end extreme poverty and promote sustainable prosperity."

100% clean energy by 2030? Absurd. Every vehicle on Kenya's roads will be electric by 2030, powered by electricity from non-fossil fuel sources? Where is he going to pull the generation and charging infrastructure from in 6 years? Every Kenyan can afford an electric car? Average annual income in Kenya is less than $7,500. As 2030 approaches, this claim will be clarified as applying only to electricity generation, which, in the U.S., accounts for only 0.6% of oil consumption. Transportation accounts for 70% of consumption, and as Kenya develops, things will be no different. Kenya will be forced to extract and refine their own oil, to keep prices affordable.

Maybe he intends to power the country with the greenest technology available, paid for with exported oil revenue.

The oil is too valuable to leave in the ground. If he doesn't extract it, another administration, under public pressure to tackle poverty, will.

Today's close is the highest sp in 9 months.

Very bullish given a generally weak day in the markets and only a modest rise in oil. Seems to have completely shrugged off the Gabon coup.

Any good news will send us rapidly higher.

Pang

The excitement is due to way we've powered back 20% from Wednesday's low. That's hugely bullish, and suggests the momentum will power us through resistance at 40p.

This is what he posted, as Reubenblackgold, on ADVFN yesterday:

"This will fly now that the expert ramper on the other board has sold at 32p. They are always wrong and have been for over 2 years."

Stargate,

Agree with all the above, see my previous posts about breaking above, and on Wed, bouncing up from, the downtrend.

Agree there will be resistance at 40 but believe we will push through in short order, given the momentum since May. After that, 60 will be the next resistance, but if we can get through that, a huge gap awaits filling at 82, all the way to 130 with no resistance. Not that we'll stop there. I thing 250 is possible, especially given forecasts for oil price.

The obsession with hedging on this board is second only to the obsession with shorters.

Hedging is a prudent part of normal risk management for any commodity producer, some companies having an average of 50% of future output hedged at any time. The problem with some of TLWs hedges was that they had relatively low ceilings compared to the recently elevated oil price. Many of those hedges have fallen away, but it would only be a company with a very strong balance sheet and a huge risk appetite that would not maintain some hedging.

https://oilprice.com/Energy/Crude-Oil/Underhedged-Oil-Producers-Heavily-Exposed-To-Low-Oil-Prices.html

Yesterday TLW dropped to the downward sloping trendline in place from Mar 2022 to Jul 2023, and has since bounced up 11%, to leave us down 5% from yesterdays open.

SP is above 50 & 100 day EMA, and just under 20 day EMA.

The upward trend begun in May is still very much intact.

PANG

Determination was based on Aug 29 closing price, so we may be in. Anyone know?

Thanks, thought there might be a problem with IG