Member Info for zebbo

At least we are getting some value on the buybacks....every cloud and all that

Dont compare apples with oranges, totally different regulator regime. Trump relaxed regulation on regional banking in the US.....

Fear and greed, no prizes for where we are on that gauge.

Great buying opportunities. Shame I bought to early, poor timing, but didnt expect it to spiral. It has dropped a long way so some technical barriers to overcome, but this is no 2008

Glad we did not take up this brilliant offer...:-)

I took some action yesterday, as this was building over the last few days. Most risk is against smaller US regional banks. But the big banks took a hit. Baby thrown out with the bathwater.

Plan to buy more today...

are the reason for our downturn today. Buying opportunity IMO DYOR

The Fed will manufacture a recession to cool inflation, so banks are going to suffer

all eggs in the NS tax basket

The longer it takes the higher the risk of getting this over the line. Like other I believe the SP will soften over the coming months

moved to HBR. Feel there is better longer term opportunity and diversity. Like many, not sure what is happening with SQZ, other than all eggs in the NS basket. My gut feeling is Mercuria will blow this up with debt whist pulling in a big fat divi

to get more at these levels, divi should be good. Debt will be obliterated next year

Lots of positives as we pivot away from the UK, with a strong balance sheet, ready to invest elsewhere

By the time these deals finally conclude.........I may be 6ft under

Hope we dont do more deals here, takes way way to long

Here's hoping..... Plus, SQZ need a strategy to move away from the NS.

stop posting the SP is tanking...haha

In 6 months gas has gone from 760 to 106 today. Must be near the bottom and will surely be having an affect on SQZ. That said feels like the SP has plateaued for the time being

Re HBR, net net, HBR looks cheaper all round

Potential for a reasonable short squeeze here, either pre or post results. A few funds have had static positions for a while now.

Lets hope so + 2 fingers to the UK Gov

Expect further rise next week going into results, oversold
Strong results & positive outlook will see us heading to £3.50

https://www.energyvoice.com/oilandgas/north-sea/487372/cnr-international-ninian-oilfield/

CNR International has decided to shut down Ninian, one of the greatest oilfields in the North Sea, due to “challenging” UK market conditions.
The Canadian oil firm cited “prevailing regulatory and economic conditions in 2022, along with the increasingly challenging commercial outlook in the UK” for the move.
CNR International is “accelerating the abandonment” of its remaining two platforms at the 45-year-old oilfield: Ninian South and Ninian Central; the latter being the largest platform ever constructed for the UK.
The company has also written down 65 million barrels of oil equivalent from its proved reserves, as the field has become “economically unsustainable”

Thinking about the diluted SQZ and 50k B/D equivalent Vs HBR est ~190k B/D equiv

Looking at mcap and dept etc HBR looks a fair bit cheaper or an I missing something more fundamental?