Member Info for Teddy100

A couple of Oil tankers passing through the straits, Chinese, but still lightening the load. Aviation needs them straits open asap.

It has to be remembered that the majority of the debt is IFRS 16 leases liabilities, around 3.5Billion. It is debt but not as we know it 🤪

Based on a free float of 75 Million and on the last 10 days trading, that is about 16 days cover🤔 That is mental.

I do love a nice positive UT.

Nice UT, I thought this could have dropped today but held up well. First bit of good news and it will be off.

I took a decent chunk below 400p, Vistry at the prices? Could prove to be the bargain of the year. Sold my BP from my SIPP account and bought these, if the mood music is right I should be able to swap them back around in a few months for 40%.

Before the rebrand this share hit 1600p less than 5 years ago, and the company was established over 100gears ago. I have been in and out many times over the years, but the last 12 months it has always looked that it is doomed. I really hope there is another spike in it. Shareholder destruction at a massive scale.

Well let’s hope so, but that is why Oil is rising.

Oil is rising as Iran is claiming that they are going to mine the straits. This will ebb and flow but aviation can live with $90 oil on a short term measure.

A 14.6% short, lovely. Once the tankers start moving they will be sweating, they need to keep shorting to suppress the price. Brent now below $89, keep hold of your golden tickets as if we are on the right side of the curve with this, we will do very well. GLA.

The party only starts when the Ukraine war ends and there will be a day when it does, it will be flying over 2500p.

I do love a long auction.

L2 looking very healthy 😎

The Wizz team would have been busy over the last 12 hours looking at Hedges and options at the current strike rate. Personally, I would leave well alone, as I said yesterday Oil is the biggest short in town. The ME situation will also help in bringing the Ukraine war to an end and when that happens the shorts are going to have one hell of a party at over 13%. GLA.

@Poker: I take it you never bought in the 8’s?

Brent 88:60 now, what a difference a day makes. Great news about the increase in shorts, the auction tomorrow is going to be interesting, POO will drop even more after Donalds’s conference. This could be back over a 1000p by 9am.

Donald’s called a press conference tonight at 10:30 our time, he will be coming out with some supportive nuggets.

How can this be?

I was told by the initiated that it was going bust😏

Not good news coming out of the G7 meeting.

G7 meeting kicked off at 1:30pm to discuss the release of SPR, decision in the next hour.