dickie3times
27 Jan 2015
Oil expectations..... I'm out of most oil stocks for now...and i'm reducing my holdings in OIL for quality precious *metal miners, *pharmas and *tech stocks >The tech industry looks ever more exciting with newer technology, especially the applications of 'facial recognition' that has got hundreds of companies interested including the worlds airline industry....?...sink or swim?Big decisions in the oil industry as the oil price continues to collapse. Will the oil industry go into 'schizm' (a word usually reserved for the church)? Investors must decide as the industry is about to end 120yrs of control over the world's oil energy resources and give way (finally) to the innovations of the electric vehicles powered by 'lithium' batteries...the big car makers are slowly switching to electric and will survive, while the oil industry will suffer huge losses and inevitable mergers or take overs, giving the small investor a chance, maybe to get his money back.....if that is, someone wants to buy out the company. Do or die, sink or swim, that is the decision many oil investors are making right now?OIL STOCKS ARE IN SCHIZM~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~Oil Drillers ‘Going to Die’ in 2Q on Crude Price SwoonJoe Carroll Jan 22, 2015 9:39 pm[link] drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.Companies that drill wells and manage fields on behalf of oil producers will be the first to fall after the benchmark American crude, West Texas Intermediate, lost 57 percent of its value in seven months, said John T. Young, whose firm led the city of Detroit through its 2013 bankruptcy.Oil companies have slashed thousands of jobs, delayed billions of dollars in projects and dropped or scaled back expansion plans in response to the prolonged rout in crude prices. For oilfield service providers that test wells and line the holes with steel and cement, the impact of price reductions forced upon them by explorers will start to pinch hard during the second quarter, Young said Thursday.“The second quarter is going to be devastating for the service companies,” Young said in a telephone interview from Houston. “There are certainly companies that are going to die.”Oilfield-service providers are facing a “double-whammy,” he said. Even as oil companies are demanding 20 percent to 30 percent price reductions, they’re also extending wait times before paying their bills, enlarging cash-flow gaps for the drilling and equipment firms, he said.
dickie3times
27 Jan 2015
KDR - Room 101.....? I have put this company on my list of 'scammers' that only (seem) to exist for their ability to raise cash, with either no progress or very 'slow' progress at the expense of the small investor. However, KDR is nearing its end game and i believe good news after many years could come at anytime? This tortoise COULD still deliver. No company would conceivably con so many investors for so long unless of course, they (the investors) can 'see' progress at the end of the tunnel...however, if they dilly dally for much longer pi's will put KDR firmly into Room 101.This post from me to danpoe after he suggested that many companies exist 'just to pay wages' >Fri 22:18 ENEG.Ldanpoe.....Total failures, just a scam to collect their wages.~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~I've been saying that for years, yet i get ridiculed for suggesting such. You are the very first poster to say what i have 'known' for years. I had clear reservations that many 'tiddlers' on AIM are just there to raise cash, keeping the coffers topped up by endless placings and progress remaining at nil bar the odd "We are pleased to announce" Rns just to keep interest at a pitch.eg....a few that spring to mind...that have really been 'at it' for years, conning investors of their money with no real progress to becoming a cash generator from real earnings bar-placings..... NRG, VAL, HER, RRL, KRD. Solg, Marl, Metminco, WHE, SAR...etc. The list goes on but although some AIM stocks are genuinely progressing towards production or a t/o, we must all be aware of the many companies that issue 'great updates' yet have been issuing placings for years, diluting the shares. The worst of them..consolidate the shares. 90% of consolidations is a signal to get out. gla
dickie3times
27 Jan 2015
Re: It's an uphill struggle............. Uphill..... My main holding is TCG~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~I miss Harriet...she was a 'doll'
UphillStruggle
13 Jan 2015
Re: It's an uphill struggle............. Well 2014 was actually a good year for me NBU PDL FTO... KDR is at a loss at present but you must enter at some stage. I may reduce my exposure but the small chance of a decent kimberlite find is worth a punt. If they do get excellent news this will rocket. But you won't have a chance to get on board. I'm staying with it medium term as I am with DiamondCorp. My main holding is TCG as I see it improving over the lead up to the summer, mainly due to low oil. It will get another re rating soon.
dickie3times
12 Jan 2015
It's an uphill struggle............. ...Most stocks in the sector are down 50% or more.....best strategy, imo...top up and build up your stakes for the better times ahead...gla
dickie3times
07 Jan 2015
2014....my worst ever year? Yes, i hate wishing the years away but 2014 has been my worst year investing since the recession of 2009. Ok i made a bomb on GKP, then SRT, BEM, SOLGOLD leading up to 2011. With steady incomes on most stocks leading into Xmas 2013....BUT 2014 was Annus Horibilus !I lost big time on...GKP, NRG, Solg, Marl, Metminco, HER(f..her), AFPO, CNEL, REM, Roxi, Ariana, QPP (just frigging hopeless). EME (made and lost a bundle). And a very special reward from KDR having trebled my money in just two weeks last year but like many others in my portfolio KDR began to lose me money each time i invested?I soon realised miners/oil/exp are absolutely impossible to grasp, i couldn't wait for any to recover as i needed to fast-track my losses into profits in another sector, so i surely did and saved my bacon with Fitbug(in late but still made a cracking profit) and MediaZest(holding for long/medium term mortgage buster?)I did make some profits in oilies eg SOU, RRL, Gkp, Roxi, Lenigas, Andes Energia, EME but only by deft trading on the quick 'in-out' system. Holding for the 'inevitable' good news on the rest was my downfall and the losses escalated.2014 goodbye...hellooooooo 2015
Discusser
29 Dec 2014
Happy New Year. Someone at the AGM told me they used Pot Plant or Plant Pot discussion site. Can anyone confirm this with a website reference? I couldn't find it.
