George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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 .
There is a huge future here inmho.Thanet earth is a good example of enviromentally friendly mass production of food needs going forward. 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
Im working on the assumption that the dividend is going to end up about ten pence per year in total going forward. So inmv a dividend cut is innevitable. The big question now is will they bother to grow the company outside of the north sea. I am sure that i am not alone in not believing a word they say in terms of saying that they are looking overseas. Hopefully if this speel comes out of their mouths next week it is backed up by some firm evidence, Otherwise one may feel as an investor i am being duped. Not very good for a listed company inmv. Some may even say bordering on misleading. inmho
heres my take . *** of the packet stuff,if you ignore the pun.
uk currently has around sixk million cigerette smokers. around ten percent of population
about forteen million people are under the age of eighteen. so if you say ten percent of these could end up smokers. then you have one point four million. imperial together with another major controls about eighty per cent of the market. so loosly we could say that going forward they will loose about five hundred thousand of new smokers . there is of course the element of older smokers dying which is around thirty thousand per year if we work on the forty percent of market assumption. so all in inmv they should easily be able to absorb this. we then have future generation products that should also fill a gap. inmo
Let's hope that Phoenix do not seek advice from the Barclays Muppets going forward. I wouldn't be surprised if they are facilitating some kind of deal with a foreign entity. Where they either take this over or become a major shareholder. Inmo.