Member Info for TheRiflemans

Well there you have it.

Genuinely sorry for all who invested and who are potentially looking at having lost their full investment and who were taken in by RNS after RNS supporting over £50 millon was it in fundraise after fundraise to support the WSG model and to fund a families lifestyle, all nicely in trust. The Boat, US bridges for Oil, all those always still active MOU's, Iran...

If I had been holding any this morning I'd be seething and in touch with the FCA and SFO to get it investigated. Check out what happened at Home Reit.

I'd also be eager to know who is paying the staff wage bill now and what is happening with the subsidiaries and with the shareholder assets like the headquarters building?

All the flags were there and there have been some good commentators on here pointing them out.

Hope eternal that something is recoverable out of this mess for all remaining holders.

Probably one for the FCA or the Serious Fraud Office to get its teeth into if it goes under.

Greed is good is normally a good mantra and the drop in the price of oil is good as would be an end in sight for this present crusade. But with DT his unpredictability means you normally never get what you expect. Apparently he's addressing the nation tonight and that could mean a tactical withdrawal which in my eyes would be a chickening out, course it would be a victory. Or just as equally he could announce the start of ground operations. Hence I wouldn't bet the house on it.

Betting isn't the same as investing.

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The drop in the price of oil is good as would be an end in sight for this DT crusade. But he's addressing the nation tonight and with his unpredictability he could just as easily announce the start of ground operations, which would imo be a disaster. Hence I wouldn't bet the house on anything he says.

Checked and it's just Dubai, although disruption elsewhere in the region.

I thought it a bit more impactive than just Dubai. I thought it was all flights suspended to the Middle East until summer. That's more that a few pence off the share price.

It's not just the flight suspensions, as fuel costs are through the roof and it won't be helping the next few updates.

It's not just ongoing fuel price volatility that will affect Leisure sector shares but this conflict will have an affect on sentiment.

May I suggest you read this mornings On The Beach update and section on Current Trading from 1 March 26.

Just sky rocketed over the weekend and commentators talking of even steeper rises

Markets won't be pretty today, especially those reliant on fuel costs.

Not good for aero fuel bills. $150 and $200 dollars per barrel being talked about. Red day ahead.

Spiking oil prices and $110 per barrel of oil really isn't good for for cruise ship fuel bills and neither is further talk of $150 and $200 per barrel.

It'll get worse before it gets better.

Especially if Trump is threatening the big one is still to come and with 4 or 5 weeks more of this.

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.dailymail.co.uk/news/article-15609487/Thousands-cruise-passengers-trapped-Gulf-ports-Iran-war.html&ved=2ahUKEwjv3tytj4STAxWlbPEDHUZqKI8QFnoECB8QAQ&usg=AOvVaw08sEahsWKOvALmOuR5jGd8

This is what the general public read about, and it then shapes their thinking when booking their next holiday.

Trump has indicated this Iran war is anticipated to last 4 or 5 weeks. I don't think anyone was suggesting trading, just preserving profits made amidst the uncertainty this creates for all shares.

America issuing an instruction for American citizens yo leave 15 countries in the Middle East probably isn't helping sentiment in airline shares this morning.

If PoTUS is to be believed then there are 4 or 5 more weeks of this to come and with weapons stockpiles to keep going a lot longer than that.

Btilliantbif you hold Defence and Oil and Gas stocks. Not if you hold airlinebor holiday shares.

You need to be extremely brave to keep holiday and leisure shares in times of conflict and war. The last post got published incomplete.

Uou need to bo keep holding holiday and leisure shares in times of war.

Those 6 ships are parked, and can't leave by the straits of Hormus as its shut so they are cul de sac'd, and on some I've been reading that far from disembarking they cannot leave the ship and are confined to the inside of the boat so cannot go outside, use the outside pool or walk or jog around the decks. Essentially like sardines in a tin. People read this and it affects future purchasing decisions.

Trump says 4 to 5 more weeks of this war is likely and overnight a warning now for US citizens to leave 15 countries.

Anyone with holdings in hotel, holiday and cruise shares are brave to keep holding.