The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I also bought solar as an investment 10% return a year at least and the sun shines, energy goes up. No debt, hold tight and good luck everyone.
There might be a top off as yet before a big crash hence the current investment??
I’m starting to wonder with this liquidity crisis whether I should have done more?
I’m 50% cash, own seven defensive, divi stocks, some physical metal as I don’t do shorts or treasuries and I’m starting to think I’ve not gone far enough!!
Dec slides with everything else, choose your risk profile and see whether you can stick to it. I’m comfortable, just starting to drip feed monthly cash into some funds but I think the market correction everything to come is still double digits
I think their in saving mode no different to any other business as times are getting overall pretty hard as recession comes. The debt ceiling is one aspect, suggest less so and more general economic activity leading to current position and benign weather meaning no one’s calling for that extra gas
When the heat comes for ACs or this next winter we might see prices increase and then sp. This recession will see Shell any big commodity producers drop off a cliff, they still own the assets just whether the cash flow to keep going.
There risk because of price guarantees protects hopefully the divi, whether this much currently or just a divi?
Many are going to go to the wall, not long term due to oil and gas but because liquidity tightening has removed the zombie companies and everything that comes with it.
I read with debt ceiling comes improvements in energy project approvals which reps wanted, no idea if it helps
Yes but all assets? What assets arent going to collapse relatively at the moment so which do you choose? Are you in banking assets at the moment? Commodities? Housing? Or physical gold?
It’s clear assets, risk and liquidity is changing so choose your profile! US Is heading into recession, rig count in US also dropping but they’ve got super low reserves actual.
Everyone still has their bullet proof jackets on but head shot to come! No doubt dec will struggle, who is going to be left?
There’s a long way to go, maybe a Talley short term but overall down, inflation to remain a problem
Buy backs are a terrible use of a companies money, rarely does the shareholders get back the same value as spent on buying them. I’d rather they buy none and maintain a divi around anything above 10% yield.
Judging a company on them now not buying back isn’t reasonable considering all risks. It’s clear liquidity overall is different and higher, love to see how other energy businesses are doing with zero hedge and banks calling in their cash. I’d expect them to spend as little as possible and wait to buy more assets. Gla
If the business can’t sell oil or gas then yes it will have a problem, if this doesn’t then it has a business model of buying assets others no longer want, making the margin better, leveraging and having a guaranteed selling price in order to enable stability.
I’d say this business is pretty stable, assets don’t collapse over night, there’s always more to buy and good price guarantees are exactly that. The bonus is gas and oil prices are naturally driven higher by demand helping the margin too.
I don’t think this is anything like an Enron. I think the macro market is very tight, liquidity is obviously tightening in every field and businesses are struggling. Customers are too but one thing we know as people get poorer they’ll still use energy, oil to live. Demand continues to grow
Not to say there’s anywhere particular to hide medium term as recession arrives, economy crumbles and we have a pretty hard period. I think they’ll be one more big push up beforehand including dec, macro is the easy winner at the moment, can’t fight the fed!
Listening to Mike Rothman of cornerstone Analytics says supply is going to get tighter, there’s 300 million barrels of emergency supply from gov in the mix that isn’t accounted for. Supply is very tight, any suggestion of carbon, oil reduction is just talk, pressure on supply is huge, oil balance won’t get better, get worse.
I hold dec simply because it supplies energy that is needed more and more with a tightening in supply already here
The only option, best decision, gla
Everyone in the region include Kazakhstan invited, everyone bar Russia. New deals being signed on uranium, their signing for ev market materials so copper will easily be in there, bought another 10k shares Friday at 2
Listened to AGM update. thought it was really good and interesting the question on nationalization and pretty much zero chance. overall good summary, i'll buy more just a question of overall with macro economics where is the bottom?
Still here they have just changed the watchlist format, removed some info based on whether suspended or not
This stock was written off a long time ago, however i'd never say no to getting a few quid back. i could cash in now and take a bit but been here for so long, actual chance of benefit is probably higher now than ever so whilst natural reaction after a suspension might be to leave i'm going to let this one play out right until the bitter end.
even a small win in the legal case with the shares i have will certainly take out a lot of the loss so happy to hold. good luck too
Well done, I’m still way down need around 9p or £4.50 in the future to breakeven. My best bet is divi from a settlement. It’s clear Chris will hand this out direct to shareholders, anything 10 to 20 million plus gives a generous slice which would actually make the wait worth while. Five year pain to get at least double digit % return!!