Member Info for Warthog4

All we need now is for the SFO to come up with something unpleasant!!
Additionally we are now told the Chinese are reopening their disgusting wet markets, said to be the source of our present global pandemic. You couldn't make it up

All we need now is for the paper clip counters at the SFO to put the boot in. We have that to look forward to but nearer the present we are now told the Chinese are reopening their disgusting wet markets, said to to be the source of this Pandemic.
You couldn't make it up.

Agree totally but in terms of social impact i.e. folk being forced to stay at home: physical contact severely restricted: Police forcing people off the streets and public places: bereaved folk forbidden from attending loved one's funerals: tens of thousands of businesses shut down, etc etc and all this for an indeterminate time, it is unprecedented AND unlike the two World Wars and the natural disasters quoted it affects every country in the World.

Hi Toff.
It was Oxygen that posted the comment about gloating not I.

Hi Toff.
It was Oxygen that made the comment about gloating not I.

We're in the middle of the worst global crisis in recorded history which is making life hell for all of us.
PLEASE, can we steer clear of using BB's for totally unhelpful and crass political comment.

Yep- two lots of oil producers playing the "mine's bigger than yours" game in the middle of the worst global crisis
in recorded history.Jules Verne and H G Wells would have been hard pressed to make up a more bizarre story.

35% discount to NAV-are we missing something?

Don't mind forgoing a divi provided the top brass et al share the pain and forgo their bonuses.
Barclays divi cancelled but in 2019 865 personnel took home an average £557k bonus.
Let's hope all companies cancelling their divi don't have the gall to continue paying bonuses.
Having said that I'd believe anything of these company bosses nowadays-they seem to have no shame

On the quiet it has always been thus. Central Government is capable of anything.

As it is a Final, only if vetoed by Shareholders. The Banks were different as they
were bludgeoned into cancellation by the PRA

One more thought on the cancellation of bank dividends.
Over the last few years the banks have had to pay out billions in compensation for
the misdemeanours of their Executives/Employees
For 2019, 865 personnel took home an average £557k bonus
For 2019 the shareholders will lose their Final and in 2020 receive nothing.
No doubt in 2020 bonuses will still be paid notwithstanding.
No wonder the Barclays BB ( and others I suspect) is full of vitriol this morning.

As I read it (but DYOR) a Final Dividend becomes a legal obligation to pay once approved by the Shareholders. So, if Resolution 2 is not passed on 15th May then we won't get the Dividend declared.
The Banks were under the PRA cosh so probably this overrode aforesaid legal obligation. PFC is not under the same cosh so it seems to me that everything hinges on the vote on Resolution 2. Even if Asfari and Directors bungs their shareholdings behind a motion to cancel they only account for around 65 million shares from 346million so it seems it will be the Institutions who will decide whether or not we get anything.

Just over 3 million sold this morning-hardly enough to warrant a drop from 40 to 35 surely. More likely the MMs playing silly b.....s again

27-Mar-20 16:32:34 318.40 7,041,000 Sell* 369.10 247.40 22m O

Shown as an Ordinary Trade and at one helluva price compared with just before Closing Time.
Any ideas anyone??

Yep-we've taken a real pasting today but Friday afternoon is traditionally
a wind down scenario, and will be even more so in the present circumstances

They weren't predictions-just a load of bovine excrement designed to keep prices high.

Debtors?? Creditors surely?

"Are the rest of the world going to demand China pay for the huge losses we have all made , and loss of life caused by their dirty ways.?"
Have just managed to type this after wiping away tears of laughter!!!!!

Just in case anyone is interested the following is kept updated regularly
https://www.worldometers.info/watch/world-population/
and with interactive columns, you can juggle around and see how we are faring compared with the rest of the World.