Member Info for Temple_of_Doom

Anyways ... looks like this share is selling into results again .... I'll come back in a week or so if the price is closer to 90p ... have enough for now.

“ The U.S. emergency crude oil stockpile fell by 4.6 million barrels last week to its lowest level since May 1985, according to the Department of Energy on Monday.‘

US. Labour market is tight, with oil supplies running out …. Fed gonna have to start buying soon, whilst demand is not going to slow because people can’t afford not to work in a high inflation environment,

Exactly Trek …

Floods in Nigeria have probably givem shorters an excuse .. checked back to the last floods ... not seen anything in results saying production was affected.

Managed £4K at 103.6 :)

96p was cheap in the 2016 post referendum sell off ... nice of Brexiters to help traders make a bob or two.

"and your investment is on the list." An early Xmas present .... I've been selling Trig 128-130 the past two years buying around 123 its been a good hedge against market woes during the pandemic and missed the spike up to 140 ....

... was lucky bailing 128 last friday ... and back in yesterday for some at 124 and more at 120 .... when I can free some cash I'll buy more at these levels.

GLA

Somebody needs to put Putin out of the world’s misery.

Looked like a gift at 98p this morning.

I imagine investment in the sector will again be tax free as it should be ….. and used as an incentive to oil & gas producers.

FT reported that UKGOV will levy a windfall tax on the renewable sector this weekend.

Time to switch the cheapskate single digit automated trading system off ... MMs.

Bonds have been on a slide for about a year … where JUP is being stung for revenues on that bond holding Crysalis basket case plus the general market decline …. dividend looks to be cut by 50% while Jupiter is absolutely resistant to moving into tracker funds … from the discussions I had with investor relations …. add to this poor fund managers …. performing worse than benchmarks …

… meanwhile, these types of stocks trade at a yield of 8% to take into account risk … so do the sums.

At some point, the market will turn and if Jupiter has not been taken over by then, it will benefit from inflation meaning people need to save more for future pensions.

"SEDY, JCGI are a couple I have as funds traded on the LSE "

Nice clawback today ..... took a few off the table this morning from sub 110 buys ..... looks like the rest of the day is dead ..

time for a stroll along the Thames ...

GLA

"Those two funds seem to have been hit harder than Ftse100. "

So has Seplat sold off harder than the FTSE .... markets are volatile .... the question is how soon before the next crash with interest rates rising ... you asked a question I answered it ... I didn't ask for an opinion in return.

For UK stocks earning 9% + there are a few Hansard HSD returns 12% .... I balied £50K before XD last week ... it was up 5% from when I bought in August, and the wider market and funds I like were down 10% .... over the same period. That's a 15% overall gain from doing nothing.

I regard dividends as an insurance when markets sell off and I'm stuck .. outside of that ... I'm not too bothered.

"The downside for UK investors is that currently we have a weak pound due to the trussonomics effect, so losing fair bit in FX."

Indeed so the US is out for me at the moment.

SEDY, JCGI are a couple I have as funds traded on the LSE while open funds usually have "income maximiser" or something like that attached to their name ... Fidelity Enhanced Income W Inc is one.

Extra income might only be 1-2% cf FTSE100 ... but these things go down often less quickly than FTSE100 250 but up more slowly obviously.

Fact that I can only trade the above funds once a day suits the trigger happy finger .... 30th Sept for example I had something like 60-70 trades in the day across all accounts .. in a volatile day I move money around quickly looking for a few % with each trade.

;)

Meanwhile, whilst most of the UK are bemoaning the weak £/$ ratio and high energy prices .... UK Seplat holders are sitting comfortably.

I keep most money in open/closed funds Trek ... whilst generally looking for funds that either take an extra return from lending out shares, take an 80/20 long short position, 50-50 bond/share mix or play the futures market for extra income.

Seplat is pretty much the only stock I hold .... save renewables when the sell off as in last week - but these companies are more like a bond holding for now.

I did take a small punt on SAVE a couple of days ago ..... 28.5p buy I think ... got 25.5p sold 26.5 got 23.5p sold 24.5p .... bailed this morning for £9 loss at 27.2 or thereabouts.

I can take that.

;)

A £500 K trade the other day Trek ...... Dark Web stuff maybe ... who knows ....

.. as retail we will only see the effect a couple of days after or before the event is posted.

That's one reason retail investors take higher risks ... less information.