Price action hitting up If we can get through 37p we open up 50p.
Bid moving up I'm hoping the uptrend is continuing and this is why the bid is moving up. Or there are large delayed buys yet to show lol.
Re: lates Searchers: I suspect they were t-trader rollovers and so shouldn't affect the sp.But at least the positions are being rolled over and not closed ...
lates 10-Oct-1616:25:3833.1550,000Buy* 33.0033.2516.58kO 10-Oct-1616:25:2833.2550,000Buy* 33.0033.2516.63kO 10-Oct-16178533.12510,000 33.0033.253,313O 10-Oct-1616:32:4434.0015,000Buy* 33.0033.255,100O 10-Oct-1616:31:3534.0021,412Buy* 33.0033.257,280
Dip looks over Stayed above support. Nice one.
Re: Be Careful! Totally agree. It's a stock market. I tend to be a glass half full investor. The market can make you very wealthy if you are prepared to hang on. Directors didn't need to invest though did they.
Re: Be Careful! All I can say is Oxus Gold!Most of us thought they had it sewn up and lost the lot. My holding here owes me nothing as did most of my holding in Oxus - still hurt when it was wiped out!
Re: treat In excess of $1.35bn would be nice and I'm glad we would be paid in USD with the exchange rate going south. I reckon our current sp is less than 5% of what could be paid out.
Re: treat now in [link]
Re: Be Careful! I know who Clifford Chance are. They represented Rex Wempen against GKP. I remember the morning that fiasco was announced to the market. I lost £660k in 5 minutes. You live and learn (a lot). Luckily I've never looked back. Before you say it I know CC lost that case!!
Re: Be Careful! Yes ... and Clifford Chance will get paid irrespective of the outcome.They win whatever!
Re: Be Careful! Clifford Chance is no pushover. He'll have assessed the chances when he took the case on---------- --------Does GPback realise that Clifford Chance isn't actually a person, it's a law firm?...
treat [link] already being one of the largest economies in the Asia-Pacific region, the Indonesian economy is poised to undergo significant expansion over the coming years. 2030, it is expected to be the seventh largest economy in the world, its middle class to more than triple, and its skilled workers to more than double. Against this background, it is unsurprising that Indonesias foreign investment laws are expanding and modernising at a rapid pace.For all of its opportunities, investing in Indonesia has significant challenges. It is an unfamiliar place for many international companies, and its legal traditions are likewise unfamiliar to those already operating elsewhere in the Asia-Pacific region.This article discusses the opportunities for foreign investment in Indonesia, some of the laws that are relevant to those investments, including the manner in which disputes may be resolved both domestically and internationally.Indonesias economyFrom being a humble agricultural-based economy only decades ago, Indonesias economy is now the sixteenth largest in the world, with a mixed base and significant output from its manufacturing and services industries. Indonesia is part of the G20, resource rich (it is the worlds largest exporter of coal) and like its neighbours counts, Japan, China and Singapore as some of its largest trading partners. It has all the hallmarks of, and potential to be, one of the worlds most successful economies.In 2015, Indonesias gross domestic product (GDP) grew by 4.9%. At a time when regional growth is contracting (East Asia and the Asia-Pacific is expected to decelerate by 0.2% from 2016 2017), the Work Bank forecasts growth in the Indonesian economy of 5.1% for 2016 and 5.3% for 2017. This growth is being driven in large part by significant increases in public infrastructure spending, fiscal reform packages and growth in exports of manufactured products and commodities.OpportunitiesThe rapid expansion of Indonesias economy has given rise to significant opportunities for foreign investors. President Widodo has unveiled a series of 13 economic packages aimed at boosting economic growth since September 2015. Most recently, the Negative List of foreign investment, which serves to regulate which sectors are open to foreign investments, has been liberalised. The revised Negative List has opened up new sectors for investment (including investing in toll roads, restaurants, the rubber industry and cold storage and non-toxic waste management) and permits majority foreign equity stakes in healthcare facilities, telecommunications networks, warehousing and consulting services in construction. These reforms are part of the Governments broader strategy of increasing foreign direct investment, especially in infrastructure and services industries.There are particularly strong opportunities in the construction, engineering and energy sectors. The Indonesian government has earmarked IDR 313.5 trillion (USD 22.9 billion) for infrastructure development in the 2016 State Budget, the highest budget ever allocated to the countrys infrastructure development. The 2016 budget shows a continuation of fiscal reform to improve the efficiency and quality of government spending and the reallocation of fiscal resources from energy subsidies to infrastructure, as well as health and social assistance programmes, all of which are expected to support growth in 2016.Indonesias power generating infrastructure will need substantial investment to meet demand and keep up with Indonesias economic growth. Generating capacity, currently at around 53 GW, is struggling to keep up with the demands of the Indonesias growing middle class and its manufacturing sector. As a result, the Indonesian government has launched the 35 GW Programme to increase power generation capacity by 35 GW over the next five y
Re: trades Sells or buys, no-one will know except the MM and the trader.
Re: Be Careful! GENG, wise words. No-one needs sleepless nights due to holding a stock! Let's assess the risks though.The directors have bought in the past year. A great sign of confidence. They surely wouldn't unless they were sure.Clifford Chance is no pushover. He'll have assessed the chances when he took the case on.The risk reward is massive, even at 34p.No-one is selling (many at least). I could hardly get a quote today. If someone was offloading it would be obvious!It was reported in June that the Indonesian Gov were trying to settle. A sign of a weak position in my view.I could go on.........Seems a decent 'bet' in my view.