Member Info for Svend

JTT - That last comment just made Sir A. the DOG Barke loudly @ Nettles in kind appreciation as he wants the top deck to he is a real sunseeker ;-)

convb > one could also argue the fact that climate change is making fewer needs for (Russian) fossils fuels hence the Russian fire being stoked up to keep the status quo politics is not for the fainthearted.

self-sufficient > I missed the presentation this am due to work commitments however with regards to FX hedging it usually either goes in your favour or it doesn't meanwhile the previous board had fewer traffic jams to navigate (Brexit, Negative Oil Price, Pandemic and now the current War in Ukraine) so I would say that the current management team under Mr East stewardship have done rather well considering the heavy bombs in the road that have hit and now are still navigating/steering through them. I look to 2023 and beyond for doubling if not tripling in sp by sometime in 2024 when the dust settles and SMR gets full throttle and goes mainstream it's the only IMO viable/sensible solution to the current climate & highly political energy battlefield.

Tune1, sorry I forgot to mention you but your comment just as well is spot on and well 'turned' and well said lots of wise words there.

VP > What a fresh and inspiring post I totally agree the (shorters) seem to have name targeted it just because they cannot fathom the modern change but ultimately 'abrdn' is the brand that is being carried forward and one may even argue this is potentially way easier to market in other international regions such as China who they have made recent inflows too and where I personally see high potential for birds 'abrdn' brand going forward in terms of expanding AUM and expansion growth longer term.

Kenny6 - Parden me budding in but please explain your point of view the war started on Feb 24?

cw1966 great balanced post and to the point less is more look up in the skies and see the planes are flying again that means the engine clocks are back up running the Bottleneck at all airports around the world is all part of getting around the normalisation. In short, the gate is open and ready for take-off :-)

Hi Fishysaurus > I shall happily join that group efficacy however IMOO the EV transformation is just at its binary stage (Jules Verne predicted this way back in the 1870 century if I recall correctly) but now once THE CAT IS OUT of BAG it gets centre front and stage COPPER is the new future gold metal of the universe and/or even a BITCOIN REPLACEMENT YES YOU HEARD IT HERE first) IMOO DYOR ETC ETC. 'ANY DISCLAIMER ALLOWED'

mjc1963 - you are spot on and I am on board the same boat thinking if/when Putin calls an end to his 'special operation' then maybe common sense shall prevail.

commonsense > agree that the board should communicate when the special DVI is being paid to shareholders as promised earlier in the year. The Share price has tanked at the moment one would have thoughts they would have elevated this by being more progressive in informing the market on when the particular div is getting paid

CW Well done seems you have been wise to offload your short positions as mentioned 0.79 has held firm and a base seems to be forming while eating out supply @ resistance from Apr/May 2020 and July 21 lows once clear no cloud once the downward break line breaks skies are clear and the predictors for 75p may have a short squeeze incoming rocket coming their way. Then if we get a follow-through day tomorrow on wall street we could head back on course towards the 1 pond mark fairly quickly IMO DYOR

Monte > Agree that explains the volume spike yesterday. They probably felt a bit of a squeeze ;-) Meanwhile, if the SP keeps its current momentum a bounce here of the double bottom (13 April & 19 May low) could attract fresh technical buying interest which Mr Market permitting could trolley the SP back to 265 and above 273 (Fib 0.618)

CW Nice to see 0.79 has held this far on fairly subdued Volume may I add once if/we get airborne preferably above 0.90 the momentum may shift as a few shorts may get left behind burned out or Squeezed

Then there’s the matter of how this renewable energy will be used in the decades to come. A typical medium-sized electric vehicle, for example, contains around 83 kg of copper, compared to around 23 kg of copper in a comparable car powered by an internal combustion engine.

The important role of energy efficiency in the energy transition will also have an impact on copper use. The increasing use of heat pumps and industrial electric heat will require more copper, as will near-zero energy buildings, building automation systems, demand response, and energy storage solutions.

Cont.

Combining all these applications, it is estimated that by 2050, the EU additional cumulative demand will revolve around 25 million tons of copper. While the absolute amount is relevant, it is spread over 3 decades, meaning an average annual increase of about 15% over current EU demand levels.

MrOnions > Fully Agree Renewable energy generation technologies, especially wind, ocean and solar installations, are copper-intensive. The installation of 1 MW of offshore wind energy requires about 6 tons of copper. A photovoltaic plant requires about 4 tons/MW, appreciably more than an oil-fired power plant (1.1 ton/MW) or a nuclear power plant (0.7 ton/MW).

MM > Couldn't agree more let's kick some shorts and hopefully Mr Market can run this trolley back north above at least 270 before the weekend ;-)

CW - Strong support on the monthly chart @ 79p should this level hold a lookout for a breakout above 86.50 The flight's path towards previous resistance is @ 110p right between Fib 38.2/50% with usual turbulence along the way (filling the gap @90/92p) and some major resistance around @ 95/100p (round number) to be expected IMOO DYOR

The SP whizz in the roundabout of spin, the next price objective takeoff or turnoff is as likely a flight path towards the north pole direction 180p than the foozled attempts to the 75p south. The tower reports plenty of real oversized pend thrust coming into the world of traffic. Fasten seatbelts engines ready for an atomic take-off and/or electric lift-off into new unchartererd land and air space.

Owl85 I think I would if I could and the trolley was not soo already overly overloaded with all the discounted stocks perhaps or maybe have to get another trolley before the checkout. :D

Walmart (WMT) shares are 7% lower after it missed analyst earnings estimates by a wide margin, hurt by higher costs for fuel and overstaffing. The retailer did raise its sales outlook for the year.