Member Info for volcano

MRW is reporting the results tomorrow and i wonder they would mention MCLS ,you never know .

i can not see problem here

refinancing update

Tullow has been reviewing its business plan and operating strategy with its creditors and their advisers. The plan is expected to generate material cash flow and create a solid foundation to address near-term debt maturities. Tullow's low-cost asset base is leveraged to oil price upside. As part of the ongoing refinancing discussions, Tullow has now received approval for a new debt capacity amount under the Reserve Based Lending facility ("RBL") of $1.7 billion. With this new debt capacity agreed, Tullow has liquidity headroom and free cash of c.$0.9 billion. The combination of strong business delivery, increased liquidity, recent asset sales and higher commodity prices is providing a positive impetus to constructive discussions with creditors. The Group is confident that a mutually satisfactory agreement on debt refinancing can be reached in the first half of this year.

not bad idea ,good luck mate, looking ok for now

results are very good indeed let see what the market thinks of it.

yes and i have recovered some of the loss

i thought the same this morning and opted for DOM trade instead ,
and i would make a decision tomorrow on SPT

(Sharecast News) - Pizza chain Domino's unveiled a £45m share buyback and rise in annual profit as it announced plans to open another 200 stores.
The company on Tuesday said underlying pre-tax profit rose to £101.2m from £98.8m as more people ordering takeaways for delivery during Covid lockdowns offset pandemic-led weakness in its collection business.

Domino's said it would grow its delivery business, targeting medium-term total system sales of £1.6bn - £1.9bn and aimed to open 200 new stores.

It declared a final dividend of 9.1p per share.

"Trading in the current financial year has started strongly with exceptional trading over the new year period as we recorded our highest ever sales week," the company said.

"Our delivery business continues to perform very well, and collection remains at around 60% of 2019 levels," it added.

"As we come out of the restrictions of Covid-19 we will be competing in an environment that has most likely changed forever with an increased presence of aggregator operators and more digitally aware consumers that are familiar with the benefits of home food delivery."

yes indeed ,
DOM Bid:332.8p Offer:333.8p Change:22.8

GBX 3,065.85
5.50%
+159.85 Today
PSN
Mar 8, 4:11:20 PM UTC · GBX · LON · Disclaimer

looks like there is good support around 230p

3rd Resistance Point 166.533
2nd Resistance Point 163.117
1st Resistance Point 157.533

US futures turn positive and FTSE is looking and Man is following , nice
EMG 155.10 +3.15 +2.07%

very soon CRST would be £4

recovering from todays low 7660

it was good time to top up this morning at 151p

LONDON, March 8 (Reuters) - British life insurer Phoenix
posted a 48% rise in 2020 operating profit to 1.2
billion pounds ($1.66 billion), it said on Monday, helped by its
purchase last year of Swiss Re's British business
ReAssure.

Operating profit was forecast at 955 million pounds,
according to a company-supplied consensus forecast.

Brent oil was trading at USD70.73 a barrel early Monday, jumping from USD68.74 late Friday after a missile and drone attack targeted the heart of Saudi Arabia's oil industry on Sunday in an assault claimed by Yemen's Huthi rebels. Brent prices hit an overnight high of USD71.38.

Outlook

- We are currently on track to deliver a combined operating ratio slightly below our target range of 93% to 95% in 2020, normalised for weather. We also reiterate our medium-term combined operating ratio target, however we acknowledge this will inevitably depend on the duration and uncertainties of the Covid-19 pandemic, the impact of Brexit, the FCA pricing practices report and any consequential impact on customer, market and regulatory approaches.

- We are reiterating our expense ratio target of 20% by 2023. As outlined at our half year results, our trajectory to get there has been impacted due to the impact of the Covid-19 pandemic.

Hi Gerry,
yes i did, lol
i do regret it as well not buying it yesterday ,
payed little bit more today and sold for a profit .
traded few O&G today as well but EMG and LSE hurt me,
the glass of Rioja is large one tonight ,

locking to buy back at 95p you never know ,