Member Info for Stockraiser

Together with raising its forecast for WTI Crude, Goldman Sachs revised up its estimate for Brent Crude prices to $55.63 a barrel from $52.50 per barrel previously expected

https://oilprice.com/Energy/Oil-Prices/Goldman-Sachs-Predicts-51-Oil-In-2021.html
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Remember 2021 is only 8mths away - and the markets are usually 6mths ahead - work it out.

According to Wilder, divergences signal a potential reversal point because directional momentum does not confirm price. A bullish divergence occurs when the underlying security makes a lower low and RSI forms a higher low. RSI does not confirm the lower low and this shows strengthening momentum.

https://school.stockcharts.com/lib/exe/fetch.php?media=technical_indicators:relative_strength_index_rsi:rsi-5-ebaydiverg.png

I personally feel we will this year witness one of the biggest spikes in the POO, but also the last spike - Let's wait and see!!!

GLA SR

I personally feel we will this year witness one of the biggest spikes in the POO, but also the last spike - Let's wait and see!!!

GLA SR

Wonder why the MM's are now putting buys through as sells - crafty bar stewards

GLA SR

Nomlungu - tks for that

They have until the 1st June to get the placing through ;-)

N66 BKP ™
@N66BKP
· 12h
Ok, So I am down for the night, at a hill that nobody ever mentions, Trucks sparklin, Shower time, then hoover and polish the cab, 5am alarm clock, But what for?

Was that tanker being all polished up for a photo shoot ???

WTI - currently up 15.24% Brent currently up 4.64%

BB - tks for that link - here's another

https://sharetipstersuncovered.wordpress.com/category/tom-winnifrith/

Below is from the RNS - re: placing: Of course the placing will happen - it may or not happen on the 1st May but they have until the 1st June, and of course there is no prospectus required which makes admission easier. Oh, and don't forget it's only open to specifically invited persons -say no more ;-)
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No Prospectus

The Placing Shares are being offered to a limited number of specifically invited persons only and will not be offered in such a way as to require a prospectus in the United Kingdom or in any other jurisdiction. No offering document or prospectus has been or will be submitted to be approved by the Financial Conduct Authority, the LSE or any other regulatory body in relation to the Placing and Placees' commitments in respect of Placing Shares will be made solely on the basis of the information contained in the Announcement and the terms and conditions contained in these Terms and Conditions.

https://oilprice.com/Energy/Energy-General/Oil-Major-BP-Looks-To-Break-Even-At-35-Per-Barrel.html

BP will seek to slash its breakeven oil price from $56 a barrel in 2019 to $35 a barrel by 2021, chief executive Bernard Looney told Reuters.
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UKOG not doing too bad then for a small outfit.

GLA SR

Placing will bring in II's as they like buying at the bottom - took advantage and purchased another million this morning - currently hold 5million , but 39% down now - this will come good it's not as if we just had a duster FFS.

GLA SR

BTW - VOD shares in issue almost 27 billion and many other Co's - it's the MCAP not the shares in issue that counts.

It's not people it's an algorithm ;-)

GL SR

Mr008 - Exactly my thoughts on the 24th April.

24th April - Perhaps they've not been selling all their converted shares, and by converting more than £75k they would be going over the notifiable 3% mark - just a thought ;-)

GLA SR

Hi Penguins - I respect all indiviual views, both positive and negative, as long as they're not blatantly skewed one way or the other. However, from recent observations, do I detect more positivity than usual within your posts?

Perhaps you yourself even feel UKOG are about to turn direction and start moving north - whether that be gradually or abruptly like a bull at a gate remains to be seen.

Thoughts

GL SR

Dummy trades - easy to sell and being offered more today than all week.

Good news Monday? - It would be perfect timing

GLA SR

Surely if they are trying to keep the whole edifice afloat they just need to stop converting at such a low price, as it's that along with covid-19 that has been a main cause of the fall in sp.

Just another indication that things are returning to normal........ can't wait, love the country.

Hotels to reopen late June/ early July: tourists ‘counting the days’

President of the association of Portuguese hotels Raul Martins says the majority of hotels will start to reopen in July. “Probably some will open in June”, he added, saying a special ‘sanitary guarantee’ is being prepared to give clients confidence.

https://www.portugalresident.com/hotels-to-reopen-late-june-early-july-tourists-counting-the-days/