Member Info for Temple_of_Doom

"Maybe .. this sell off is pretty ruthless. £1 is as likely as £1.20 at the moment."

Another top up at 106.5

" Pound Sterling is not doing well against the US Dollar" A weaker pound pushes the price of SEDY up .... so wrong way around I'm afraid.

SEDY has Russian investments written off to zero at this moment .... so there will be a windfall, but reduced income as a result ..... meanwhile, other currencies will also be faring poorly wrt $ so that should counterbalance the weaker £.

Either way, when it moves up SEDY moves quickly so I bought more this morning.

Always is ... got caught this past week .. hoped for a "sell on the rumour .. buy on the fact" .... OK a reversal but you know what I mean.

Maybe .. this sell off is pretty ruthless. £1 is as likely as £1.20 at the moment.

50p target for me.

.. and again 113.6 ... what happened to the rampers .. trying to SAVE themselves?

;)

Topped up at 114 ....

Was out at 42p … back in for a small punt at 37p.

"Savannah Energy Deceives Investors In Chad Oil DealStakeholders and industry analysts insist the non-disclosure of the material information the company has kept these past months is deliberate and fraudulent."

Down 10% ....
[While:

"rather than the ****ging of individuals, that are focused on SEPL."

... is quite a mornic comment on a Seplat thread .... here is a prediction ... Chad oil workers will go back on strike demanding higher wages ... SAVE shareprice plunges, takes another plunge on the back of the Ukraine war ending, then a further plunge with another world recession in 2023 .... with Seplat following.

Dear oh dear.]

Seems I forgot .... dubious management making outlandish claims ...

It was one of the reasons I veered well away from the Woodford funds .... too much self publicity always seemed a red flag to me ...

... people don't need to talk up good value.

GLA

:)

This company is one of several with impending claims on negative oil prices owing to its algorithms being unable to cope with negative commodity prices … from mid 2020.

The whole sector is down ...

BTW China is back up and running by the looks so expecting a break into the 320s soon.

GLA

Anyone know anything about VinaCapital? I see HFEL have taken a punt ... trading well below NAV seems rude not to follow suite so I did with a small punt.

;)

I would have been sitting on a loss .. but I do more than just average down .... taken money off the table today .. left profits in ... waiting for a pull back.

GLA

"People Who Constantly Point Out Grammar Mistakes Are Pretty Much Jerks, Scientists Find"

"this paper, which was published in PLOS One in 2016, was actually the first time researchers were able to show that a person's personality traits can actually determine how they respond to typos and grammatical errors"

Imagine revealing one's own pedantic personality traits on social media ... and thinking one deserves to be taken seriously?

Ha Ha Ha Ha Ha

:)

"It's not a competition re SAVE and SEPL. "

Given the common sector and common regions of production, it should hardly be a surprise that both share price trends have a high degree of correlation save for SAVE coming out of suspension recently, and seplat taking a hit from uncertainty of the Exxon deal ... but with the limited time available the correlation across the two looks to be north of 80% ...

While:

"rather than the ****ging of individuals, that are focused on SEPL."

... is quite a mornic comment on a Seplat thread .... here is a prediction ... Chad oil workers will go back on strike demanding higher wages ... SAVE shareprice plunges, takes another plunge on the back of the Ukraine war ending, then a further plunge with another world recession in 2023 .... with Seplat following.

Dear oh dear.

"Yes looks as if he has missed the boat lol SAVE"

If people have missed the boat, why mention SAVE?

"Very lucky lol we believe you, what a load of nonsense"

Ha Ha Ha Ha Ha Ha Ha

:)

TrekMadone: A bit lucky getting 113.6 only yesterday .... so 6p in 24 hours is fine for a small trade .. but I'm sure you are right that Sepl will play catch up over the Exxon uncertainty....

"Dummster" .. oh dear ... mine's a PhD in Computer Science .. so trying to call me "Dummster" wotever that is, so I'll have to guess, sems a bit like a beggar telling a multi-millionaire they are poor ....

... where the choice is between laughing or throwing the beggar a fiver.

;)

A wise investor doesn’t listen to rampers on BBs …. and learns how they best make money on the markets.

For me, it means not spreading thinly around individual stocks, especially ones I do not know.

While those Seplat shares bought around 113.6-115 are now sold at 120 today ….

… so I’ll wait for a drop back to 115 before buying back taking the current average from the last month or so down to 111p dividends from which pay my fuel bill for a year, and represents a level of investment at 1/6th of profits these last two years.

When I need advice … I’ll ask myself thanks.

…as far as rational is concerned …. Flip a coin …. Heads buy to tails sell… that will beat the earnings of the average retail investor.