Member Info for TrekMadone

You make a good point Temple, to a certain extent I agree with the press views. Look at what Boris got away with!

Like you I try and play the high yield but atm am changing my mind with every new set of data!!

Chasing my tail a bit on some stocks! Watching my bottom line to protect profits.

If the ME would stabilise it would make it a heck of a lot ‘easier’!

A winter/Christmas run would be nice!

This one is xd around end of Nov.

Assuming it’s paid, which I think at least a good amount will be, then for anyone that can catch the bottom that could be a spectacular play!

Not easy though!

Usual caveats

Trek

Good article on US gas…

https://www.reuters.com/markets/commodities/us-drives-global-natural-gas-demand-new-highs-2024-maguire-2024-10-08/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Power-Up&utm_term=101024&user_email=b2e8c97ccc6ddb76107c5b8c6d401963987d41317d2787d216d506bcf903729b&lctg=65d3a4d7962245101d037748

Trek

Couldn’t make it up really,

https://www.reuters.com/business/energy/hungary-says-turkstream-could-help-europe-if-ukrainian-gas-transit-stops-2024-10-10/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Power-Up&utm_term=101024&user_email=b2e8c97ccc6ddb76107c5b8c6d401963987d41317d2787d216d506bcf903729b&lctg=65d3a4d7962245101d037748

Trek

Sold a load of these, reluctantly!

Bond yields at 4.2% now up to where Liz was.

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

Then PHNX went to 440 ish. I made a killing selling and buying cheaper thereby throwing off cash and having same number of shares with lower average.

It’s really difficult to call atm. Only have these an LIO trying to trade a few there.

ME escalation as well could tip markets.

Then there is a long time to next divi but the winter Nov - Feb is often best spell for markets. If you miss that you can miss biggest gains.

Don’t know about everyone else but feel like changing my mind with every latest news story or data point!

Fair play to those that buy and forget! I can only do that if my average looks really safe though!

Have gone to 1/3 cash to offset my indecisions!!

Trek

Support was 524, so could see a bounce. Will slice some see how it goes. Even 20DMA is 5.67!

Good chance of trading profit here but if my average goes will sell and start again later as long term support is 444! Ouch!

UK 10 year guilts are up again today, through 4.2%. Getting back to where Liz was!

Budget jitters so these investment platforms and pension providers are usually not flavour in that market.

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

I have sold most others, even thinking of selling my last PHNX!

It’s a sht market with UK bond yields and ME crisis. Gotta keep some cash just in case!

Usual caveats

Trek

Good point clued, will do for when I can use my phone.

Trek

That’s me done slightly overweight, best buy was 492 and a bit. Will slice some later and feed back if it goes below my average. Hopefully a little bounce tomorrow.

If get stuck, well don’t mind holding for a while from here.

GLA

Trek

RNS not here yet

https://www.londonstockexchange.com/news-article/IES/uk-government-confirms-ldes-cap-floor-scheme/16709341

Trek

A good point nom.

IES have problems but at least they have cash. Any regulatory and/or subsidy help will bring the SP up off its knees.

Got a few as a trade or tuck away.

Early days yet, implementation next year.

Trek

Agree in part temple but North Sea Gas in particular is a transition fuel until we get other renewables and this sorted…

Just out.

https://www.gov.uk/government/news/new-scheme-to-attract-investment-in-renewable-energy-storage

I bought some IES!

Let’s see

Trek

I just picked up some IES at 9.4p.

https://www.gov.uk/government/news/new-scheme-to-attract-investment-in-renewable-energy-storage

Let’s see!

Trek

First lot at a tad over 4.98

Even if divi cut on Nov 21st should still be a good yield from here.

May add another lot end of day. US futures turned red. Let’s see.

Usual caveats

Trek

‘ What good have they done for anyone other than public sector pay rises..........“

Palestinian sympathises doing ok and Hamas have benefited from arms embargoes. Criminals have done exceptionally well and of course militant unions especially train drivers who obviously needed another 10-15k pay rise!

So not all bad….!

Pensioners, schoolchildren and investors….tsk! tsk! Not so good!

I guess you couldn’t make it up really!

Bond prices are going up which will put pressure on rate cuts as the markets want a higher return. Biggest rate gap between UK and Germany now for decades!

They were talking us into a recession now it looks like their policies are heading that way!

Still I think they are all useless!

Gov should be setting up a Norwegian style sovereign wealth fund IMO. Investing in UK including North Sea gas. Starting with easing regulation but not governance.

We have energy (renewables and HC’s), farming, fisheries, finance, a workforce and on an Island FFS!

All the ingredients are there for a huge success story but one lot after another fk it up pushing their own agenda’s

That’s my rant….

Looking to buy in now!

Trek

Change name and issue RNS against old name! Ok vote not until Nov but come on!

‘ Mendell Helium announces that it has issued 667,000 new ordinary shares at a price of 3 pence per share (the "Shares") and 500,000 warrants over new ordinary shares with an exercise price of 3 pence per share exercisable for a period of two years from Admission (as defined below), in lieu of certain accrued liabilities owed by the Company.

Admission

Application has been made for the Shares to be admitted to trading on the Aquis Stock Exchange AQSE Growth Market ("Admission"). Admission is expected to occur at 8:00 am on or around 15 October 2024.“

Trek

Hi Temple,

I still got a good position in SEPL. News there soon imo. I enjoyed your trades there. You made some good calls!

Here, I am baffled. On the sidelines for now.

I am out early tomorrow else I would have my fingers on button for a day trade. Could be an over reaction to results and then a strong bounce to sell in to all within a few hours. Like Vistry earlier which was nice!

There’s no way of knowing but I wouldn’t chance riding an order here. Need to be on it.

Will look in later once results have bedded in with a longer term view but atm I see this as a trading play.

ATB

Usual caveats

Trek

Bit annoyed had an order to buy at 899 and 898 as was out today. Neither filled although looks like price went there. Never had a problem before.

Set another lower buy to see if that early morning blip is there again and the order gets filled.

Trying hard as I don’t see 8’s around for very long. The shorts have added, price is higher again. That’s powder spent! How much more new money will they chuck in here with a divi coming up again.

Traders dream this stock!

Usual caveats

Trek

Here’s an advertising plug on use of KCL, you can see the shale across the basin here….

https://www.geoedges.com/northern-us-rockies

..this is where KCL or similar clay swelling inhibitors would be used in drilling and fracking.

This gives the basic principles, but do appreciate its an advertisement….

…. https://youtu.be/88Hmd541Iak?si=fVAzHDrxCm_aTW18

Other operators such as Precision Drilling provide similar services!!

I.e. it’s pretty ubiquitous!

Usual caveats

Trek

Can sell large amount atm can only by 5k shares after that NT on ii.

Trek

ECR - have accrued S$76m in tax losses since 2006.

They are now hoping to sell on these losses. Obviuosly with some smart accounting. In the UK, US and I assume Oz losses are not transferable

https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/income-and-deductions-for-business/business-losses

You can only claim organically.

Meanwhile they have more rock chips and the cycle will continue!

Mining is an expensive, capital intensive, high risk business even more so now with regs and environmentals. Dilution is pretty much guaranteed as are the lifestyle execs that know how to milk the gravy train!

Few companies make it. GGP has been an exception and rare but even there lots of investors are out of the money!

Still ECR maybe an exception. Good luck!

Usual caveats

Trek

Https://archive.ph/9E9Ak

Care of nomlungu on Tecan board. Please tick up there.

Bit of a nothing report by times. Old news and not even mentioned awards, emissions monitoring, SAM and audited well plugging costs or next level.

Just like they had to write something!

Usual caveats

Trek