Member Info for telegraphist50

If I'd said 'hello 8's' a few weeks ago, I'd have been called a deramper!...;)

top up at 22.9 in readiness for the re-rate (fingers crossed, please, please please!)

coulda, woulda shoulda....I should've cashed out my 10/1 accumulator last night before Pompey conceded a late equaliser....do the reasons you did the trade still stand and if so, let play out what you thought when you bought more PDL and you might just make more than the 20% you could've had with MCB?

'Exceptional' diamond find would go down nicely around about now!

https://www.malcysblog.com/2019/10/oil-price-savannah-coro-nu-oil-gas-columbus-and-finally/

It helps if I post the link!....doh

For those of you that are interested

Indeed bigsmoke. It reminds me of 2016 when AAL's SP fell from over £20 to around £2.25 in a matter of a couple of months. I got my trolley out then too, filling up at 500p, 450p etc down to around 250p (I didn't have enough cash left to get the one's at 225!). It bounced all the way back up to £20 in a matter of months and I never did find out why it went down and back up quite so markedly. I sold out in tranches on the way back up (obviously I should have held them all until it was back to £20) and made a really decent return. Whilst PDL is not in the same league as AAL, it's kind of got that feel to it that something similar has/will happen here but as ever, all imo and who the f..k knows?!

BIBU - I look at it thus; if you went to the supermarket and found your favourite wine/beer etc was on a 2 or 3 for 1 offer, you'd fill your trolley and pat yourself on the back for doing good business. Who knows what games are at play here but if you, like me, believe there is just a value disconnect in play for now, then take advantage and fill your trolley with PDL shares. Of course, something may come out in the wash that causes the SP to fall further and worst case scenario, sink to nought. However, the return to 20-30p has to be high in the not too distant future in the absence of said 'unknowns'. I could be wrong but my trolley has been out and about these last couple of weeks and is now full up with PDL shares, for better or worse!....;)

Well I just took another 15k (shares) at a smidge under 24p. Seems mad that with boxes fast running out to be ticked to what appears a great deal, I can buy at 15% less than the IIs' that stumped up 28p in January 2019 before we even had MC!

(tongue in cheek) I'm not sure that seeing how he's been here since 120p that I'd be too keen to follow whether he's now a buyer or seller. Sorry bigsmoke, only joking!.....;)

But don't you think with a more carefully worded RNS and a footnote from the CEO or Chairman that today's 'mini' sell off could have been avoided. I appreciate some will have taken the opportunity to have picked up some (more) shares but I don't think that was the objective of this morning's release of the Half Year results

I guess the question is, what does the market know that we don't? it's unnerving watching the price fall to these levels and at the moment no-one seems to know where the bottom is but my pessimistic head says there's no smoke without fire?

It was a genuine question, LC. If you look back at my posting history you'll see I'm invested here and was musing out loud when I saw the bit about the expiry of R1/R2 EEA which I was previously (my bad) unaware of!

of the R1/R2 EEA on 05/08/2019 and is it (now) a concern?

Does anyone know how quickly these diamond finds tend to be sold by PDL?

25.68 v 25.77 - that's as narrow as I've seen it for a while. Must be some news soon to move us (further) forward

Well, after the pain lths' have been through here this last couple of years, more particularly when it dropped down to 12p, I'm hoping that it'll double again from here by year end. After all, it's not that long ago the Chairman of SAVP stated that 'it would be worth the wait' or words to that effect. Lets hope for more of the same next week and at least pass the January placing price of 28p

But you did kind of hedge your bets CD?!

'It's either going to be a 9.1p finish sort of area today or 8.6p. Or in the middle!'

Only jesting!....;)

This is the bit that caught my eye, inferring that SAVP are well in with the GoN

'We understand that this deal was the first major transaction to be granted approval by the new Government following President Buhari’s re-election earlier this year, speaking volumes of its significance in Nigeria, and its associated support at the highest level.'

Nice to know we're on the home straight and the SP is moving in the right direction.....long may it continue as it's been a long and trying road!

typo, 19.72 - I wish I had got them at 9.72!....;)