Member Info for TrekMadone

We gotta get our acts together. We never had any money, then covid came and there was billions, the GFC resulted in billions in QE… now suddenly Rachel from accounts and the wets in Europe can find billions!

It’s also now ok to seriously look at using Russian frozen assets…

Europe gotta get a grip on this they’ve been a sleep to long and that is not apologising for Trump…outrageous!

Trek

O&G getting a kicking atm, renewables though holding up. Esp IT’s but they have already been brutalised by the rush to bonds!

Been waiting for 10 to go to buy back in here. Only as a trade but whilst 10 has gone I don’t yet see any reason for it to bounce back.

Oh the irony! the shorts piled in when the company was doing much better, now with the spectre of inflation being imported into the US big time which should mean higher rates for longer. The shorts are on the sidelines!….. Oh how they loose here lol!

Mind you I think Trump may take a leaf out of Erdogan’s playbook (Turkey) and still cut rates even against higher inflation. But either way it doesn’t look like T bonds are gonna come crashing down anytime soon which keeps money away from yield.

Still so many unknowns and that’s before trying to fathom the latest DEC enigma! It’s the share overhangs and how that may now be hedged that adds to the unpredictability this time around. Well for me anyways!

So will watch until it gets silly cheap and has cleared some volume!

Usual caveats

Trek

I added today and have enquired why no Q3divi rns.

Trek

You can also sell 125k shares in one go now. Couldn’t do so before 0900. So not bad imo.

Usual caveats

Trek

Sentiment low, time to buy back the one’s I sliced.

Just grabbed first 25k at 15.055p … will average up gradually. IMO this price is a steal at this juncture!

ATB

Trek

Here’s some positive outlook from boss of BHP…

https://www.mining.com/copper-industry-needs-to-invest-2-1-trillion-over-the-next-25-years-to-meet-demand/

Or it could be all the more incentive for someone to steal our breakfast!

Would be good if likes of DP was knock on ‘Republicans’ doors and start selling the merit of the US investing in its own mine! Surely there are plenty of potential supporters out there…. Oh that requires the Bod seeing past their own hubris of going alone and actually putting some energy into getting some help before it’s too late!

If this geology is that good, which I am convinced it is, better have half of the $1bn NPV than sd all! And of course a potential free carry!… beggars belief really….

Still surely news next week and I may just grab some more to average down this time…

Usual caveats

Trek

What a sht show that people run to their social media accounts afterwards to twist another one way narrative! Shut the lot down I still say!

Poor Z stood up for the Ukrainian people. He couldn’t stand the bs being spieled by the indoctrinated diplomats. Showed em some war crimes - no doubt passed off as fake news.

But at the end of the day he had to swallow his hubris and the bs, pamper trump and it may have gone better.

I reckon Z will resign soon. Then a puppet will get in and then I hope not but the Russians will get in to Ukraine through any ‘window’ a deal with US and then Russia for trade.

I still think Trumps play is divide Russian/China…

Z’s days are numbered I just hope not literally!

Trek

You can always hang on to the fact that the MM’s would take large sells today 100-250k in one go and that volumes albeit higher are still very low…..

The Bod will also loose all their free shares…!

There may also be some punter interest at this level… a +100% rise on any remote financial resuscitation is a distinct possibility!

So not quite ….’gone into VF!’….

I sold mine and bought them back cheaper….but they went cheaper again!

Not sure what to do now though…. Heads or tails…. Investing unplugged!

Usual caveats

Trek

I hold CRT & AGR - was gonna add PHP to balance across the three but I still like the higher yield atm.

Usual caveats

Trek

Managed to trade down to 115, got a chance from here I think!

Didn’t rate the interview, thought he mumbled, wasn’t clear about what he was doing for ukw other than retiring! and to say the guy coming in is called Steven so it will be ok - or words to that effect was unbelievable!

One of the old school that should have moved on by now imo.

Trek

Good set of numbers agree,

But for balance they have kicked the debt can down the road albeit on better terms! It’s how these IT’s work. It’s why their share prices are so inversely related to rates.

29 years eh! Not too shabby! And now at a peak yield!

On the sidelines atm but will buy when I have funds.

Usual caveats

Trek

I agree tich and have always maintained that the issue is in part the London Algo’s.

It is based on buy sell with no relationship to the percentage of shares traded. So taking some extremes like on AIM , just a handful of trades can lead to a 10 or 20% drop in mcap or 100% brief gains!

Not saying there should be an absolute mathematical correlation but something needs to make more sense.

Likewise UKW are pretty liquid and yet as with the sector as a whole the relationship between mcap and nav is now tenuous.

Soon we will be able to buy the whole company for £1! …. At million % yield …. It become nonsense!

Usual caveats

Trek

Posted by Troajan on Tecan BB

https://www.proactiveinvestors.co.uk/companies/news/1066979/nextenergy-solar-funds-stephen-rosser-on-q3-performance-dividend-yield-market-strategy.html

Trek

Defence budgets… we do better than I thought! China is less than I thought….actually I reckon this data is wrong!

https://www.visualcapitalist.com/largest-defense-budgets-in-the-world/

Trek

Outta cash TB can buy at 22.5p for 5k shares.

Trek

It often goes down before results. Folk hedge positions. So they can either not loos so much or get it back paying a premium.

Trek

Good liquidity atm can sell for 22.165 in quantity which often isn’t the case here!

I will hang on to that for now! Yikes!

Trek

Was cheaper to buy than sell at times today - sold mine and bought em back for a few quid less even after stamp! Looks better on the spreadsheet! lol!

Trek

Or even plan, act, do, review…. Getting old…it’s in there somewhere! lol!

Anyways… bargain hunters arriving!

Trek

Plan , do, act, review.

Trek