Member Info for Temple_of_Doom

I’ve got to pick you up there Trek … the press isn’t “free” … not a great deal of difference between a Putin controlled Press or a Murdoch controlled Press.

Information should be free …. and misinformation illegal …. and is precisely why politicians especially in the UK need Parliamentary Privilege removed …. Owing to its abuse to hide vested interests.

One goes to court if the allegations made have ramifications …. Like scuppering the Exxon deal … or … as is more likely one finds that rumours were leaked by NNPC …. and so there exist added benefits …. all in my humble opinion.

;)

True SeaTank .... but I recollect buying $1.05 in Los Angeles in 1984 .... while the UK is just chaos .now as it was then ... wife has spent all day renegotiating a couple of events she was due to run because of the railways strikes ....

.... for what?

A minority of RMT & Aslef Bolsheviks that want to transform UK into a modern day USSR?

Recollect riding the Moscow RIga night train in the early 1980s ... breakfast was green meatballs served from a metal biucket ... by a chirpy guard ....

.... not for me.

Kwasi a liberal? The Johnson government is libertarian ….. not the same thing at all, and only mildly better than Farage and the populist alt-right nutters that themselves are mildly better than the militant left RMT & Aslef nutters.

The one thing Farage, with his nose up Trump’s rear end, who himself had his nose up Putin’s rear end …. did right was keep Putin sweet …. As did Germany and France try to do before the Democrats got into power.

Now Pandora’s Box is opened …. Goodness knows where it will end.

It was obvious no Arsenal? India gas been doing the same …..

All these EU bashers having a go at Russian gas supply … ignoring the back handed Asian re-route … same idiots worrying about crossings over the English channel as the Northern Irish entry route goes on line en masse ….

…. those same idiots like Aslef supporting Brexit, now causing more chaos because of inflation they voted for … and complaining about losses in real wages ….

… the UK really is filled with dimwits …. While the £ collapses … I may vote socialist … but I’m sure as heck not a dumb socialist.

Three 5K sells this morning at 118.16 were mine bought one lot back 114.65 for £6189 … had dome divis come in today … waiting for 110 with the rest …. Anyone want to imply I’m lying … happy to post trades.

Macron reckons Iran deal will be closed in a couple of days …. If so oil will likely tumble to $60

32p to hit revised target.

As I said a few days ago, this share is volatile … while NNPC also released some data on Nigerian oil theft today that shorts would have used to take this down.

Risks here are well known to include Iran coming on line. Oil has been too cheap these past 8 years, while Brits are suffering more so because of a weak £ and Brexit.

I kept my core hold at 125p … I buy the argument that with Nigeria moving over to a more market driven gas market, and increased production, dividends can double from here …. While I also want dividends to cover household energy bills.

GLA

Another one for the filter button ….

30/08/2022Buy QRQPS4 4270£1.169988£4999.84
30/08/2022Buy QRQPTH 4251£1.175£4998.92
30/08/2022Buy QRQPWC 4236£1.18£5002.47

25/08/2022Sell QRL72D 4069£1.230015£5000.94
26/08/2022Sell QQ4HLS 8100£1.250502£10125.08
26/08/2022Sell QRLBC7 4250£1.250502£5310.64
26/08/2022Sell QRNLNK 4004£1.25£5001.01
26/08/2022Sell QRNNNZ 5154£1.25£6438.51

I got 119 and 120.25 also.

:)

Grabbed 117 … 118 …. Nice.

"quid pro quo" ... Exactly what I was thinking .. it is the way the crooked world works.

Level II has looked like a on order is being filled the past 2 days .... took some off table today ... buy back moved up to 119.

GLA.

There is the 125 ... nicely back into profit after the debacle of El presidency.

This might have something to do with the NNPC spat:

https://thestreetjournal.org/exxonmobil-shell-two-others-agree-to-withdraw-lawsuits-against-nnpc-over-oil-contract/

Fingers on buzzers if, in mutual back scratches, NNPC allow the Seplat deal to go through now.

"Missing the point imo. Organic growth is now the driver "

Over the past two weeks this share has moved from 116p to 134p back down to 109p and now back up to 125p - in fact I had a couple of buys at 133p until I came across the news about the president's approval being challenged, and equally buys at 109 a week later.

This share is volatile.

We all know Seplat is undervalued and we all know the MMs are trying to shake that tree.

My question, is when I see the tree shake, and look around, do I see better value elsewhere?

Not the last 3 weeks, but FTSE250 is selling off again …. So I don’t mind top slicing to take advantage elsewhere …. All depends upon which trees are given the hardest shake.

Maybe SeaTank .... I'm not convinced by "suggestions" .... but I did see yesterday that Natural Gas on an Energy like for like basis compared with oil predicts $500 a barrel for Brent at current pricing levels.

Just goes to show how crazy the current gas market is.

.. but just to be sure .... some off the table ... looking for 115 again.

No news breaking on Twitter .... looks like someone knows something though.

Was chatting to an African Journalist on Twitter that repeatedly made the point two weeks ago: "Wait for an official written annoucement and ignore verbal statements".

https://leadership.ng/exxonmobil-seplat-deal-buhari-yet-to-reverse-official-consent-experts-react-on-pia/

"Over one week after it was reported that President Muhammadu Buhari had withdrawn his ministerial assent to Seplat Energy’s bid to acquire shares in ExxonMobil’s local subsidiary, no formal letter has emanated from the presidency indicating otherwise.


LEADERSHIP’s findings show that Seplat Energy Plc. is pushing ahead with the deal armed with the consent letters signed and forwarded to the company on August 8, 2022.
Already, experts and industry commentators are divided in opinion following the purported consent reversal."

Good spot SeaTank …