Member Info for TrekMadone

865-920 spread apparently today.

Having looked at the US gas price dip last night and the DEC dip recovery I set three sells and three buys for today each for 500 shares.

All were comfortably within the days trading range.

One sell went through and two of the buys. The lower buy didn’t get picked up nor did two of the +900 sells.

Same old smoke and mirrors here!

Usual caveats

Trek

How they manage formation damage

https://youtu.be/a7Ma0jgR-zA?si=ALsU0r2vENImOLaQ

Use of K CL, clay swelling inhibitor.

Very good graphic showing chemistry

https://youtu.be/88Hmd541Iak?si=IRJzNA1g55a4-TeY

Re the large trade, buy or sell, doesn’t matter. Someone either took out the liquidity or a MM was happy to have 1.2m on their books.

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Trek

Seems odd the price didn’t move.

I am wondering if they are doing another deal.

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Trek

Had an order filled today for 439, had set 44 so v pleased.

Gradually averaging up ahead of news aplenty!

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Trek

Now that will be an interesting IPO! I would consider buying and selling the first day of dealing!

Trek

Another informative article…

https://seekingalpha.com/article/4726569-diversified-energy-9-6-percent-yield-and-strong-fundamentals-make-a-sound-tactical-investment

Trek

Just added 25k here. Got 3.5p. Will drip ‘small’ amounts in here on run up to prospectus.

The asset sale and name change to the M3 founder is a good clue towards intent.

IMO they should have been much further down the road with the prospectus though.

Just need to get this lot off AQSE and onto AIM. A dual list for now is fine but there is no market here!

This could do v well with M3 assets from a 1.4m mcap and low share count for a Helium producer that will be profitable by time of listing!

Tucking some away, not without risk obviously!

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Trek

Https://www.proactiveinvestors.com/companies/news/1058237/mendell-helium-sells-legacy-voyager-assets-to-orsus-therapeutics-1058237.html

Trek

Now out 100%, don’t want to watch anymore profit vaporise!

On sidelines waiting until after the budget and hopefully some clarity around Israel/Iran situation which I fear could pose a major shock to markets.

There is also likely BoD changes due.

Willing to pay more for some certainty.

In terms of yield there isn’t much difference between 500p (10.66%) and 550p (9.69%). That’s only 1% yield for 10% of share price.

On +10000 shares against the macro backdrop that’s a lot of risk to gain a potential (for me) 6% interim dividend that isn’t xd until April!

The current risk of capital depreciation could far outweigh that return.

Good luck to all holders, my decision doesn’t reflect on this excellent company which I think is a solid cash generator and will be a huge beneficiary from AI which isn’t in the price. So I will be buying back in!

(Post below meant 2020, not 2000!)

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Trek

Hi pardariff,

My views, I am absolutely no expert. But I doubt many experts can match my returns certainly since 2000 which are well in excess of 1000%.

I only shorted stock once and that was HSBC and EZJ when I read the news about covid. Then I also made a killing on smallcap biotechs. Then crypto before the rage!

I would defo short ftse now but set a stop FFS!

FTSE going below 8 looks very likely, more so than above 8400. So I would stop at 8400 and work out your point hedges to protect capital. However, 8400 is a low high so you do run the risk of being stopped out early only to then see it fall. So if you have the funds I would go for 8500. Obviously you have to work that out

I wouldn’t short the Dow though it’s just too unpredictable.

Here, uk, you have macro, bond yields and a less likely dovish BoE given borrowings.

But I do like how you think about things, not all in or all out.

So many PI’s are black and white and miss the opportunity of averaging positions.

That said I do go in big when I have conviction!

Those have been my highest losses, which have been thankfully few compared to my single bet gains!

Ps thanks Meco

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Trek

Hi Meconopsis,

Yes there is an income version.

https://secure.ii.co.uk/webbroker2/research/funds/B3P2RZ5/overview.sp

Pays 5.15% but it’s bi-annual, risk score 2 but low charges 0.1%.

Do you know if interest is added on exit or do you have to go the term. It’s not clear.

But in any event I require a monthly income and so far have only found the two below in UK.

KR’s

Trek

These are the two short term money market funds that pay monthly interest that I have found. Both ok for ISA. Please let me know if anyone has any others. There are no buy/exit fees, just small management fee.

Both benchmarked on SONIA, both lowest risk score of 1.

Fidelity Cash W inc - BD1RHR6, 1613m assets

12 month trailing yield 5.18% charges 0.15% Pa, no other fees. 95.91% in cash and 4.09% in German, Japan and UK Corp bonds (banks). All the cash is in cash and equivalents, so lower risk again!

Vanguard Stlg S/T money - BGB6GZ5, 779m assets

Yield 5.1%, charges 0.12%, no other fees, 96.22% in cash, 3.78% in mostly UK bonds, one German bond. Of the cash 59.21% is govt filed income rest is cash equivalents

So one can park money there until thinks steady on the macro from and get monthly interest before flipping back into PHNX.

Obviously one can dip out on any capital gain on PHNX but if it dips one could benefit from capital preservation and chance to buy PHNX at a lower price.

Probably best to do a bit of both. Reduce PHNX for short term cash and increase later.

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Trek

Atm it’s not about yield it’s about capital preservation.

Sold a significant amount of PHNX from 555 down to 516. Plus had a divi on 50% of holdings. Average was 483 ish.

Now take 5% from money markets.

So getting paid internet missing out on chance of capital gain at PHNx.

When as is likely the sht hits the fan in ME and markets dip sell money market and buy likes of PHNX back for possibly well under 500p.

Could even see 440 again. One also has bond rates working against the stock.

If one can flip from money markets back to PHNX at say 480 that’s a significant gain on Phnx yield and get paid to wait with v low risk for cash.

So really one could be getting an AER equivalent of 5% per month, secure capital and then a real 6% interim yield (say 12% PA) when PHNx go xd next April.

To mitigate the risk one averages out of PHNx as I have in to money market then out of money market and back into Phnx.

In reality I would spread across several money markets and several divi stocks.

Alternatively imagine doing zilch and see a 483 average go underwater to 400p! Could take a long to to come back but being in some cash will help with options.

We all have a different views but it’s not necessarily binary giving up 10% for 5%.

Hope that makes sense

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Trek

Hi guys,

I have been likewise looking at the short term money rate markets but the searches aren’t very helpful.

I am looking only for those that pay a monthly income and can be held in an ISA.

Not corporate bonds but govt bonds/gilts.

5% Wouk’s be great if anyone can recommend any to look at.

TIA

Trek

Hi Tyke,

Wish you and all investors here the best.

I no longer hold but look in occasionally.

As for this being a moonshot opportunity. It still is but my fear is that TB will benefit and not the shareholders who have financed this! And that’s how this RNS looks to me!

I note he commented this time that Allenby said ok rather than Shthouse after the last shenanigans!

He obviously reads the BB!

I have more than recovered my loss here on other ventures but will not be buying back in as his behaviours will never change.

Nice proactive interview from TB and an updated

ppt on the company website!

Atb

Trek

Down to a ‘small’ position now, 2k shares left with a sell posted for 1k. Keeping 1k to build from hopefully again in the future as had low average. PHNX was my top holding for ages!

Don’t even fancy holding stocks over the weekend other than special sits.

I think Israel will respond soon and markets will take a hit.

Now over 1/3 cash. But SEPL, HEX and DEC then a few tiddlers make up rest.

Hopefully all over by budget and then a damp squib followed by a relief rally in which case buy back in!

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Trek

So the 08;11 trade is a PI and the rest are insti’s?

Mmmm

Trek

896 v 887 atm… crazy liquidity.

Possibly no way out even if shorts want to close!

I added 500 at 9.0046 & 500 @ 8.95366 got orders sat lower as well but it’s not been possible to buy that early dip!

It’s possibly there to attract sells/stops. Who knows!

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Trek

Big one is gas is a transistion fuel while we sort renewables out. It’s a transistion from coal and oil. Unlike China that are still using and mining coal to keep pace

China are investing in renewables but coal consumption is still rising.

https://www.visualcapitalist.com/rise-in-global-coal-consumption-by-region-1965-2023/

Better off with gas until sort renewables and battery storage for smoothing.

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Trek

Liz’s budget was 23rd sept 22, you can see on the 5 year tab. The early spike.

https://tradingeconomics.com/united-kingdom/government-bond-yield

Perhaps the market reaction accelerated what was going to happen anyway. Who knows!

Trek