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There are some interesting articles out badtrader99 re cultivated meat. In terms of the fsa setting up a department for regulatory clearence going forward. inmv this is very possitive for that segment of the business. Hopefully the cornea part will fall under this umbrella. For me the leather division is going to be the short term driver here due to less regulatory hurdles to overcome, but having said that all three divisions could be massive going forward inmo,dyor
The Pm has been quite vocal during the past twenty four hours. In terms of how the North Sea oil and gas industry is needed. So inmho why is chancellor intimating the opposite in terms of extending the windfall tax to follow the opposition parties stance. Maybe one of them are secretly working for opposition parties in some capacity.
All very worrying inmv as either way what ever they come up with in the budget even in a possitive way it could be very short lived.
I just hope that there is not a run on government bonds after they finally produce the forth coming budget.
Personally i feel that that these people should be prosecuted for misleading the electorate.
Maybe someone will go after them. After all the oik k starmer was one of them, but has failed misserably. maybe he now knows all the loopholes in our wonderful judicicional system???.
Happy to sell serica shares thanks to hmg and its new mates . Maybe even buy into some overseas o and g company one day.
I am up to sue these oiks personally . we could go for crime against humanity to start and then and i say then crime againsnt what is left of uk citizenas and these idiots are representing ukplc.
Ohh what did nuk energy announce yesterday. further delays. hmmmmmm
I think this shows how they are inept. The obr has stated that any tax cuts needs to balance. I e what happened to truss. So the easiest way for them is to tax what's left of Serica,harbour enquest be and the rest. After all I'm sure the big players will come to the rescue of UK needs in day six or seven years time.
In summary we are a basket case of a country inmv,dyor etc
And once again as me and others may have posted. The industry needs to unite and stop all n sea production. Either by health and safety on rigs ,bits falling of etc,but better still moth ball all oil fields and then bill the exchequer for tax refunds
Inmv it is mostly down to the collapse in uk bond prices. Once interest rates start to fall and the budget is out of the way then inmv this will rise. However if Hu,,nt comes up with a budget that cannot be funded then we could be dragged down further. Lets hope that he is a true concervative and not a lib dem in disguise. inmho,dyor
Maybe option 5
We hold on and make about twenty percent per annun about eighty milion after workovers of two hundred milion. With a dividend of say ten pence.
Not sure where the share will be though.
Off topic. HMG has just subsidised a electric car factory to the tune of five hundred million. I wonder where that funding is going to come from. Maybe an increase in epl????
Inmv any rally will attract further sellers or Like wise any fall to 150 or below will make this a buy. If you are prepared to hold for a while. Either way I will either reduce further or add back fwiw.
Maybe someone could answer this. If incentives are removed would we still be able to write any investment off against tax. The way I see we should still be able to retain twenty percent after capital expenditure. So at today's prices we would be about eighty million in profit on 50 thsnd bod.Even with no incentives and two hundred million investments.The dividend may be cut though
Maybe the industry could start by doing lectures at Colleges and universities. As this would at least educate young voters. They could also fund a documentary or two for National television together with greater press coverage. Also is there any reason as to why they could not simply do a type of party political broadcast on main stream television.
I just wish all north sea players would stick together. Inmv they should mothball everything until these idiots realise that they will have no tax revenue until they see sense. As for milliband and it's cronies. Well look what happened when he became labour leader in the past.Maybe he is hoping to run again in the future .