Has it occurred to you that the sentiment on here is shared by all the other investors who don't post, so what you read on here is a reflection of all other investors sentiment ?
The consolidation occurred ewhen the SP was about 70p. After consolidation the price was around 1400p. So the current SP of 650 ish is less than half the price at consolidation, a big drop.
Sundenza "all that cash sitting in people's accounts will be also spent on well deserved holidays" Yeah, if there's any left after paying the utility bills and putting fuel in the car !
I think the likely outcome here will be ownership being transferred to Morrisons owners, the US private equity group Clayton, Dubilier & Rice. Some mechanism to achieve this will be found, in my opinion.
From RNS 27 Sep 21 "The proposed sale values ITP Aero at an enterprise value of approximately €1.8 billion. The transaction has been approved by the Board of Rolls-Royce and the consortium members and is subject to certain closing conditions, including customary regulatory clearances. It is expected to close in the first half of 2022." Likely explanation is that the proposed sale of ITP as announced in the RNS has been cocluded so £1.7 billion in the bank.
At the moment is there's no volume, a paltry 2.2m traded in 5 1/2 hours, little more than a dribble. I was thinking there would be some buying from tracker funds.
What is the relevance of your 150mb reserves, they are for the future. What matters is what we are selling now, not what we can sell in the future after we've dug it up. Futures prices are relevant to traders, not producers. Increased spot prices means more income from the unhedged barrelage now, in addition to the guaranteed income from the hedged production.
"He is a brainwashed ex KGB Officer." Yes and he has amassed a remarkable 17 billion dollar fortune by stealing from the Russian people, along with his Mafia and oligarch friends. He cares about himself and his image, not about Russian people whom he has treated with contempt.
RE: Western Media Won't Show You This.....27 Feb 2022 19:33
Everest, this Azov thing is in the territories occupied by Russia illegally in 2014. In the last 8 years there may have been a lot of atrocities on both sides by illegal armed militia and Russian special forces incognito. Remember the Dutch airliner downed with great loss of innocent civilian lives ? I suppose you think the Ukraine military shot the plane down to discredit the separitists. and the Ukrainians planted a bomb in their own apartments for propaganda. Shades of the 911 conspiracy theories. This does not change the fact that Russian soldiers are now killing Ukrainian civilians by shelling residential blocks. I would be wary of believing Russia Today as some of their recent footage has been analysed and found to be forged. This will end when Putin is ended. I noticed his Politburo chums looked unhappy while he was holding court. With the body bags piling up in Moscow and the economy collapsing they may soon decide enough is enough. All the best.
Thanks for that builder. They could also consider making napalm by CAREFULLY melting soap into petrol. I used to know someone who did it as a hobby, he later worked for GCHQ !
I just hope the Moltov ****tails are designed correctly. I saw expanded polystyrene being loaded into bottles. I always thought that you fill the bottle with petrol. Anyone ?