Member Info for Temple_of_Doom

I got a few at 107.1 yesterday late evening ... taking profits from the renewable bounce .... but it is looking like someone has dumped £500K onto the market so .. the bottom will be where the bottom is in this little sell off.

;)

The post August 8th average has come down nicely …. ;)

Renewable energy companies simply issue new shares to write off debt …. As they have been doing …. It was an easy earner …. Wait for book build of new shares at a discount wait a few days buy in take profits move onto the next .. rinse repeat.

… nice few days on renewables … bounced from bluefield, to Trig, to FSFL, to JLen . No reason why this will not bounce like the others.

GLA

Published NAV is meaningless for this share in my view ….. penny share soon.

The country cannot afford another month of hustings for Tory leader. Fundamentally, the problem is UK following the Brexit narrative of taking back control, whilst agreeing to preserve the GFA, and take back control of Northern Ireland …. That spat is what set off the decline in the £ …. along with the usual economic worlds stress that sees sterling sold off.

Meanwhile, it’s an oxymoron insisting UK reduces taxation hoping for foreign investment …. Investment in what?

Broad meaningless soundbites is all the country has heard since 2016, coupled with the latest fiasco, of pledging to reduce taxes, then inform markets how those taxes will be paid for, when government has worked out a solution.

Align with the EU ….. is what is needed in the short term as the quickest means to turn the country around, saving billions.

Possibly a short ... was expecting Sepl to tank today ..... first two £5k sales this morning were mine popped into renewables .... a gift this morning ..... took 5% back into Seplat for pennies profit.

Good day.

GLA

"China is a socio-economic mess"

But China is still more of an investment that basket case post Brexit UK.

Do I see a £500K short closing?

Be prepared for 90p and lower Trek .... the markets are very unstable .... plenty of warning signs .. renewables sold off today .... that's a very bad sign ....

... probablem for holders of even $ paying UK stocks is that no foreigner will want to buy pounds for fear of losing on the currency exchange.

I'm also not entirely impressed with NNPC meeting Exon execs ... some sweet talking maybe?

Took profits at 228 today Trek ….

So, including 10% taxes Seplat yield is 7.5% …. In £’s …… I wonder when this Brexity government will start waving the white flag?

21/09/2022SellQSR2544200£1.2009£5039.79
22/09/2022SellQSTSKM4129£1.212£5000.36
22/09/2022SellQSTWGJ4147£1.2068£5000.61
22/09/2022SellQSTWLD4679£1.2062£5639.82
22/09/2022SellQSTWS75000£1.1984£5988.01

121p seemed a top .. there is still a big buyer out there so I top sliiced a few ...

.... but lowest I got buying back today was 114p.

GLA

Not too fussed given the $ /£ ratio.

Good to see delayed buys a couple of % above LII asking price ….. suggests MMs are short of stock.

The EU are also looking to build the Sahara desert pipeline delayed since early 2000’s …. It’s all fine … but Seplat sells gas to Nigerians at a fixed price so will not help our bottom line until it becomes an exporter Trek …. I’ve not seen news on that front yet?

News Today:

“ The White House has been drawing heavily from the SPR this year to bring down gasoline prices from record highs, leaving the reserve at its lowest level in 38 years. Oil prices are expected to rise as the country begins buying crude to refill the reserve later this year. ‘

Nice thing about Brexit …. Is the weak £ …. Been in € and $ payers myself for the most part since 2016 …. $1.18 to exchange $ for £s in II … nice divi from Seplat …. and a good hedge for higher energy prices ……

… when the UK eats humble pie and acknowledges that its economic success is linked to the closeness of its EU relationship I’ll switch back into £ earners …. feel sorry for remainer poor folk that voted for poverty … but no sympathy for flag waving little ingerlanders.

“ The suggestion that murdoch controls all the press and everything”

Murdoch is I believe an associate of Putin …. Who also had support from Trump, Farage, Johnson …

January 2022 …

“ Why is Rupert Murdoch’s Media Parroting Russian Propaganda Over Ukraine”

“ and only if you exclude Fox News, on which primetime opinion host Tucker Carlson has once again questioned why Americans should side with the Ukrainians over the Russian military. He asked his tens of millions of viewers on Monday night: “Why is it disloyal to side with Russia but loyal to side with Ukraine?”

I certainly didn’t claim “all” the press … Barclay brothers ….. Nazi supporting Daily Mail …. would that not be the press supporting Brexit using Putin style lies?

Another one for the filter.

:)

Be nice Trek … just lifted anothe £5k …level 2 up to 117 ;)