Member Info for Taverham

Lanishen, I agree with your thesis and would add that the company is in many ways a bond proxy, i.e because it is high yield it competes with government and private sector bonds and that means if gilt yields rise , as they did on Friday our sp falls. That means PHNX gets a double benefit from interest rate cuts. Problem just now is the gilt market is getting nervous about the next budget , increasing borrowings and consequential higher gilt rates. So the labour government is pushing our sp down whilst bailey is lifting it. Bit of a mess really.

Is there any news on the aquifer? Maybe once that issue is resolved our sp will climb?

Any idea on sudden drop today?

Good jobs data released in USA should lift the sp imv as it signifies a good economy.

Taken a small punt because this could easily 10x , with some success in December - we shall see.

People not buying cars like they used to and frankly the uncertainity provided by UK government, wars in ukraineand middle east and china's property problem are all weighing here.

Move down in SP when the market is up , us dock strike off, gbp lower and better retail sales is a surprise to me.

Since the late 1700s, interest rates in the UK have been at 5% for the majority of the time and frankly they should stay there now. By using the 'phoney' cpi measure of inflation, cpi the government is conning the people and making us all poorer in the long run. Just research prices in the 1970s and since 1974, you will see most things that people depend on; housing, food, cars etc have gone up 20x whereas inflation is officially 10X and wages not much better and that is why we all feel and are poorer than in the recent past.

Reversed in September, from Cityam;

Footfall at UK retailers rose for the first time in over a year, largely thanks to an improvement in the weather, new figures suggest.

Total UK footfall increased by 0.9 per cent year-on-year in September, up from a 0.4 per cent fall in August, according to data from the British Retail Consortium (BRC).

This was the first time that footfall has shown an improvement since July 2023.

unfortunately, companies don't have votes, oil and gas workers around aberdeen don't vote labour and come the next election the few pensioners who survive five winters are not significant enough to swing any election demonstrating how this cynical government thinks. young people on the other hand are more 'green' in their thinking and generally too young to remember how pleasant life was in a broadly ****geneous uk prior to 1998 , so labour will try to keep them on side.

I am at a loss to understand why anyone thinks the uk government [ stupid as they are] woukd prioritise a project in the south of england over teeside where the major industrial demand exists. Frankly this company's projects are all pie in the sky imv , as many on here have also pointed out.

So the taxpayer will be on the hook for money that we do not have to invest in a technology that we don't need. Our grandchildren will collectively see that we have presided over the closing of british industry , reducing our home grown energy supply and freezing our pensioners to death. Shame on all of us for allowing this collective self harm whilst helping India and China with their economic growth.

Seems like the market cap will increase 100 fold if we win and therefore the odds must be 100 to1 against or the mcap needs to increase. Worth a punt at these levels?

Andrew Bailey is talking the pound down and doing us a favour , maybe not enough to counteract the government who are talking the country down and destroying confidence and maybe that is his aim - to try and stimulate with a cheaper pound.

2 Tier may be gone soon if the rumours on social media , where a birth certificate without the father's name is being discussed . My guess is anyone paying punitive paternity payments might struggle to buy their own clothes but who knows? Btw are 'gifts' for employment purposes actually income as far as hmrc is concerned - should be imv.

Good article in this months gas international about the move to net zero, role of hydrogen and what is being planned. It also referenced detail that most likely would shed light on the impracticality of UKOG's plans. I have not followed up to see whether my suspicions are correct because I am not and would not invest here but others might want to!

Bailey has confirmed he needs the sack by saying that he may cut interest rates more aggresively - well considering inflation by rpi and even cpi is way above 2% and domestic services inflation is around 5% wtf is he thinking? we need to stick around 5% until domestic inflation drops imv.

Excellent results and announcement of share buy back should give us around 15p on sp imv.

Over50% increase in eps this half year - very welcome albeit in quietest period.

Hargreaves lansdown have note out and the key point for me is the forward p/e is only around 10 , whereas the 10 year average is over 15.

I therefore believe that a 50% increase in sp is easily justified!