Member Info for Tacotaco

Great asset and great merger with Chryssador but the 5% stake in the new Group killed the SP and premier shareholders.
i've sold out coz the upside is pretty limited evidenced by the underperformance of the SP relative to rise of POO.
GL all

This has decoupled from POO.. such a shame...
This merger story with PMO only owning 5% of the whole group has really put a lid on the SP...

Hawkey must've sold at a loss ... again !! IMHO of course

Expect not expected*

Expected a summer of hell starting mid June ... oil never goes up on an election year, this year is will be even worse than any other. Maybe some dead cat bounces here n there but the main driver of oil will be inflation kicking in by year end (thank u J. Powel). Hopefully shale would be buried beep under by then. Hold tight n buy the big dips where possible!!

Hopefully he did not buy high and sold low... again...

Come back bruh!!

not worried about Genel at all... just about Hawkey!! haha

The guy's been on a roller coaster ride for almost a decade...

Did he finally give up on investing?

The link is from the Saudi Government website... the confirmation doesnt get more credible than that...

Saudi version of the conversation was very different

https://www.spa.gov.sa/2054216

No Amounts were mentioned and discussion of cuts includes OPEC+ and OTHER countries (i.e. US, Canada, Brazil ...and other major producers)

Again Fake news on an election year by Trump

I work in one...

...have taken FULL provision on their senior exposures to NMC, which means they expect to incur losses... therefore equity is worth 0.
What a bunch of crooks who had the audacity to commit a fraud of this magnitude!!

no ... the virus... maybe he'll finally wake up and take some real action instead of recommending ppl to wash there hands and shouting "loved will unfortunately die"

Bojo has been tested positive for Corona!!!
True story

Lebanese banks were paying upwards of 5-6% on USD deposits and the country had never defaulted not even during the 15 year civil war... so was a good risk/return strategy by the KRG at the time especially that KRG has been home to many Lebanese bank subsidiaries in the post Saddam era.
Unfortunately sh*t just hit the fan in 2020.
Expect much more sovereign defaults this year and stagflation in coming soon once this corona thing (the virus alone) is sorted... the idiots in the US have just printed US$ 1 trillion in the last 10 days and another 3-4 trillion are on their way...
All good for commodities especially gold... but goodbye middle class and freedom!!

Ammu...Lebanese not Lybian bank!!!
The country just defaulted on Eurobonds... capital controls n shizzle...

Sure...
i really dont see why any fund or insider would rush to buy when outlook guarantees a downward trend.
also its not a question of valuation i'm bringing but the sheer coincidence of so many insiders shuffling around money within such a short time period... has never before happened not even during the last time prices hit sub 100p let alone the 50s in 2016.
Let's see...

Something is brewing... there is no way that within a couple of day 4 insiders are throwing money at this just cause its cheap especially in such a dire oil environment.
Looks more like a rush to grab at any cost (75p, 81p, 109p) with whatever spare cash on hand before some sort of buy out.
Anyways hope i'm right!!

agree with most of what you wrote but the issue is that looking at the chart we are still in a downward trend
- on a technical basis the current volatility is only resulting in lower lows and lower highs
- on the fundamentals' side until we get macro data out ie Q1 numbers and mainly Q2 numbers there is no reason for for the market turn around at this point in time.
I think economic data number will surprise to the downside... the world has never shut down like this not even during WW1 & 2.
Let's see US unemployment numbers for march once they're out (could easily reach 20%-30%)... just a hint, the restaurant/bars industry alone which has completely shut down makes up 15%-16% of the work force... almost the entirety of these guys are now out of job.
These numbers alone once out can tank the markets again...

only insiders tempted to take private cheaply... dont forget, free float in the hands of retails investors are much lower than institutional investors.
IIs have been accumulating at dirt cheap SP, so once an offer is made (by themselves) they would only need to buy out the shares held by RIs.
its a great deal for them and RIs, as higher valuation does not mean IIs will have to pay the full amount and their average Purchase price would be much lower than Genl's take out valuation.