Member Info for TrekMadone

Remember the theatre in Mariupol that had children written on the roof?

Was still bombed deliberately by Russia burying hundreds!

Yet the BBC don’t!

The way they played it down and relegated last nights bombings to the back pages.

Palestine a much lower casualty rate gets all the headlines unless a royal takes stage!

I abhor all violence and the world is getting sicker!

Just an observation!

Trek

AVCT - not gonna see 48p now on the charts. 50p held up solid. Due a move up from 52p.

Yep now watch it make me look at twt! lol!

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Trek

I had it in my gun sights at 38p Tro…!!

As usual didn’t buy and out of ammo now!

Went all in on PHNX with all I had left! Lol!

Trek

Good move Latius,

Ride yer winners mate.

This is gonna bounce as it didn’t like 69p. Chart will kick up now even without news. I added a few below 72p.

Will stick now. Not too many here not too few and a change in the commo outlook or rate cut could see this go to 100p imo.

CEO will be right eventually! lol!

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Trek

Well done hairy,

I have had a cracking day here, huge capital gain and looks like a double bubble from the divi to come with a nice sp cushion now as well!

Over 10m in trades already! Massive volume which is what we need.

Still yielding over 9% so if that’s a risk value metric it’s a long way to go to align with Av and LGEn.

Looking at the financial news headlines that are that Phnx goes from loss to profit. They still don’t look beneath the numbers at growth and surety of revs and shareholder income!

Still if they did it wouldn’t be a bargain for us contrarian PI’s!

+9% for a footse company is a huge oversight!

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Trek

Results out the way RBL done. All cashed up pretty much ‘forever’!

The old saying is go short on finance and long on ops.

Well they got a load of ops news between now and end of year. Two drills spinning atm and the market has priced it as expo wells when in reality they are prod wells targeting proven fairway.

Sp is pretty much on its knees atm. the ceo gave a good interview yesterday for a change!

100k shares say I’m right with this one. But I am not expecting it to double for a while just that it’s upside v downside risks are very attractive.

Ps been doing more research on ROAD and added a few there. Small numbers though. But looks v promising. Wouldn’t tip it outright. I paid 10p average but will add if it goes lower. Sub 10p with a chance of 20p on the chart if you can afford a risk imo. Don’t read the BB though it’s mostly fos!

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Trek

PHNX, CAML, DEC, PAF, what a day!

PHNX will get bought out before the GE imo. Outstanding numbers, sht sp! Digital lift and shift is easy peasy! Lots of synergy savings potential and money sloshing around in sector.

ECOR Sp to move up next then SEPL divestment news would be icing on cake!

Most importantly me divi income looks ‘safe’ across the whole pf now.

When rates come down which the will london will go on a proper run imo.

Just shows you don’t need minnows to win in this game!

Now is the time to load up on housebuilders! Imo!

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Trek

My last significant income position that was unloved and traded on similar metrics to PHNX was GLO. I always said it would be taken over and it was. Went cheap though for just 30% premium.

While eyes are looking at MNG as a candidate imo it’s PHNX.

These businesses now are so easy to rebrand and bolt on as it’s all digital and the cost savings can be huge!

London is a sitting duck price wise. Phnx is so cheap on a peer basis and the bod have failed to unlock value in terms of sp. That’s the fact.

Plus anyone would be cognisant of buying before any general election.

A bid from a big European or US insurance house is around the corner imo at well north of 600p as that would still have them plenty of upside.

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Trek

It was just 70m….

“ £3.9bn2 Solvency II ('SII') Surplus remains resilient (FY22: £4.4bn) and is inclusive of a prudent £70m Consumer Duty provision, following a comprehensive review of our back book products ahead of the July 2024 compliance deadline.’

So all in the SP.

Leaky leaky Phnx though, or did they do it deliberately… mmmmm

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Trek

I read that Zarro, ‘discretion’ is hardly progressive dividend policy. The 2.5% increase is also disappointing. I was kind of hoping for a special.

I haven’t read the full report yet to see what they put aside for the 70m charging cap which now is peanuts in the scheme of growth and the debt payment trajectory.

I think it’s the cash flow glidepath transparency and debt pay down that the market will like. Let’s face it it’s been just headlining data beforehand but now the detail is visible.

All that aside I think it’s a great set of numbers. This is my top holding now by a long long way and I will just ride out the peaks and troughs as there is now a long term definitive growing income story here that has delivered ahead of time and focusing on growth and returns.

One can’t have it both ways, complain that it’s cheap and get a bargain!

Best to all.

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Trek

Uranium…

Mmm

https://elements.visualcapitalist.com/how-much-does-the-u-s-depend-on-russian-uranium/?utm_source=VC+Elements&utm_campaign=882e176eb6-VCE_Email_MARCH_21_2024&utm_medium=email&utm_term=0_f3fdb4328c-882e176eb6-47046010

Trek

Getting fed up with this BB now. Been poisoned by a few!

885 average, after following my own intuition as shared on here. Now with a few more shares as well. This is looking like a solid long term income play albeit 11% divi now but capital growth to follow.

Feel for long term holders but at least now with all this cash headroom and improving US macro there could be a path back for the SP.

Good luck to genuine investors that hold or look to hold stock here

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Trek

I think he refers to increase in impairments. Which we knew anyway.

This has been short on finance and long on ops. The finance is now sorted and we at last have an ops story.

Whilst production will be end of q3 there’s a heck of a lot of ops news due with testing two wells and imo the market has priced them as exploration and not production wells which are much lower risk.

Could see a steady climb from here now and a big jump ahead of Christmas.

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Trek

Here’s a good infographic.

Bank sizes by assets. I guessed wrong. I thought USA!

https://www.visualcapitalist.com/the-worlds-top-50-largest-banks-by-consolidated-assets/

Imagine if Chinese banks have to mark assets to market! Yikes!

I see in the UK the bank of Putin that refuses to condemn the war, the same bank that supports China in Hong Kong and turns the biggest blind eye to human rights abuse is…..yep number 1. Guess that explains it. Go get em Farage!

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Trek

Https://www.ft.com/content/aa383026-ac12-4d39-b6ee-075c2a248fc9

So do ya think Trump will ask his mate Pukin for a loan or perhaps rocket man? What wouldn’t ya put past the narcissist!

God, Trump and Guns!

Make America Great Again!

The diatribe is pulpable. A population like that and a choice of those 2!

Just as bad here!

My auntie lived in the US for 22 years. A few weeks ago she moved to Spain.

She lived in a nice place near Augusta GC but left because of the gun culture.

Apparently it’s completely out of hand now. Nice homes are regularly targeted and neighbours being shot only makes the local news! So they up and left, very fortunate!

Trek

Only sold a small % of pf and ‘want to’ offload rest.

The math looks ridiculous if correct. See the late RNS today.

Anyways I have taken a small trading position there. If it doubles again which actually looks likely one can quickly sell half and see how it goes. I think 20p is a real possibility.

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Trek

What favours buyers now is the 10;13 am RNS. Missed the 0700 read so many folk won’t see this unless they catch the risers board or tomorrow’s news.

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Trek

Having read the RNS and the previous RNS’s I just bought in. Just a punt mind you.

Multiples seem outstanding and by buying a smaller position one can just watch and sleep easy!

Trek

Hi mick,

I have many much better than YU but not recently as I have been focusing on income. I built a pot using high risk plays had several 10 baggers then flipped it into income so we are self sufficient if there is such a thing!

Funny thing is where I made money they are all now down substantially!

Now bar the odd dabble I stick with boring income and trawl the accounts to make sure next months divi pension will land!

Not everyone’s cup of tea but it’s all in an ISA so at least when we go the kids get it and not the state or some life insurance outfit that are legally allowed to steel all you invested on behalf of an employer!

I never understood that one!

Trek

From one mad house to another.

BoE to be acccountable for literal heating not as in Keynes overheating! lol!

https://www.theguardian.com/politics/2024/mar/19/labour-to-make-fighting-global-heating-a-priority-for-bank-of-england?utm_term=65fa91ba28e12770316c00970fce5b79&utm_campaign=BusinessToday&utm_source=esp&utm_medium=Email&CMP=bustoday_email

Trek