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A bit harsh inmv. Maybe the answer is to send all of them to the Gazza strip during the summer recess. Then they would just become another statistic amongst the 100,000 casualties so far. They like statistics judging by how they treat the electorate inmv and omho.
These sales continue in quite large blocks of shares. That to me is a single or a number of large holders offloading. I think the company may have been misled in thinking that it is down to day traders inmv.
We may never know especially if they are still holding a few and have not crossed any threshold.Hopefully some good news is on its way soon.
I think people as a whole are now not so stupid and can see through things a little more better now. The problem inmv is that people will just not vote due to politicians collective incompetence . For me I cannot stomach the funding of possible war crimes. .so for me I doubt I will vote for any of them as they all seem to stand for the same inmo .
Excellent news. North sea oil and gas companies should be taxed further . Lets say ninety five percent. I dont know about you , but why should i pay more for my gas bill and also we need to fund bae and rrr to protect all our lives. Hmmm.
Fwiw. I bought some back today. My view is that even with Labours fret of over eighty percent tax we will still be profitable. Manly due to utilising tax losses. We then have the heightened possibly of a merger/acquisition involving overseas assets. Also the way politicians are they may even do an about turn and reduce the levy due to national security etc.
They do not need to even ban it. All that is required is that stock lending becomes to expensive . I.E charge the borrowers a higher fee. What actually stinks inmho is that most people who invest into pension pots would be appalled if they realise that the very same institutions loan their invesments out to unscrupalous people who afre destroying decent companioes that they afre working for inmho
Question is what will this lot go after next.These idiots really do believe that they can double up on the opposition. I really do now believe that the current hmg together with the opposition are now foreign agents destroying the fabric of what is left of the uk inmho. dyor.
Link may be of some use to something.
https://www.thenational.scot/news/24169013.jeremy-hunt-scottish-oil-gas-big-losers-spring-budget/
I really do hope i am proved wrong,but the more i look at this under un blickered eyes the worse this is.
A Bod that only invested at the last resort
A ceo resigning before a new one is in place
A deal with a private equity company that was forced through and not adjusted after epl was applied.
Come on,,, what is this all about,
Inmv the company is in a sound place, but is caught into a trap of so called institutions together with larger players who short uk stocks such as this. Maybe if the government could actually addrese this and then UKplc will progress going forward.
Some one posted a valid point either on here or advfn which suggested that dividends should be paid quarterly. Excellent suggestion inmo so maybe the bod will look at this going forward. It will certainly sort the spiv brigade out inmho
For me the biggest question is how Serica will address hmg and the new hmg gvmt which inmv are determined to destroy north sea production.
As an investor and i assume there are others out there that have lost on paper a small fortune due to thier inconcevieble aproach with the so called windfall tax. Is this justified , maybe woke britain will say it is, but all i know is that we are creating a country where it is more benneficial to sell assets rather than acquie them as a whole. inmho.
fwiw still hold a few before i am lambasted.
Fwiw i i now feel this is a defunct share to hold , So have reduced accordingly.Who knows they may even find some spotty oik fresh out of Hull uni to take up the reigns of serica. Whatt did it for me was the idiotic resignation of the hmg puppy without a new ceo ready to take over the reigns. Very sad all round inmo, No doubt covid will be the exuese of their irrational thinking in terms of placating hmg both present and going forward. H...ii ittler. Litt;e britain were getting there
What do you feel will happen if rates reduce by say one percent during the next twelve months.I may be wrong , but at worse rates will remain the same inmv so the book value will eventually increase as these bonds mature and new ones are taken on.With the remaining bonds increasing in value if and when rates fall . inmo