3 weeks ago Never bothers me. I’d be shorting a gap up anyway. Haha
3 weeks ago I hope you are not looking forward to Tuesday now!
3 weeks ago Short 84.50 Stop 95.50 1st target 54.50
3 weeks ago Any support of any worth smashed. Be a miracle to see 94p before 54p now
3 weeks ago Shorters surely fancy a go at sub December low now
Q1 Trading Update The acquisition question is an interesting one. Probably more one for the accounts, but with $4bln of tax losses, surely making a bid for Premier for a $1bln makes sense?! Swallow up the debt, utilise the buyers current production and Premiers existing production to eat through the tax losses. Sell off the bits you don’t want and you get Zama as a bonus. Probably far too simplistic, but makes sense on paper?
3 weeks ago You say “lols†I say he who laughs last laughs longest. How do you feel now Cocka? Good luck to the rest of you.
Down by PMO… XXXX Saw this down 11% today some spare funds topped up @ 83.5p went through on limit quickly .
3 weeks ago Cocka, You have to be the funniest poster (unintentionally), this needs around a 30% rise to get back to the point where you were suggesting £2 was coming. We first crossed swords in January 2017 when the share price was around the level it is now, two and a half years later. Is this an investment or a traders share? You had the audacity to ask me how my investment in SEGRO was going before you dived for cover during the inevitable fall from 140p, very well thank you, low risk with dividends. When do you think the punters might see your £2? Diesel, I’d say you pay a bit more attention to advfn than your post suggests, I guess that makes you a poster to be trusted? Good luck to the genuine posters.
Brent crude back over $74 again. Is $74.24 as I type this SOCO XXXX Made mistake here yesterday Thursday placed a limit buy early on app @ 63.5p . Maybe distraction at Manor !!! placed again at 64p , last went through and wile on phone to enquire so did second . Played a part in missing the Marcelo idea .
3 weeks ago Hey Cocka, please don’t encourage him. His got a talent for misrepresentation of facts. As the old saying goes a little bit of information can be dangerous in the wrong hands. Anyway, thankfully seems to like posting over on advfn, which I watch from a distance. Funnily enough, over there, under a new pseudonym he admitted he was the old AndyP, but then went on in a later post to say he was never banned from the LSE, clearly not someone to trust. On a more positive view, hopefully PMO has finally shown it can be trusted to deliver & let’s hope it gets back onto the institutions radar.
Q1 Trading Update Trading update seems reasonably positive, mostly putting forward better numbers for FY than last update which is always good IMHO. Seems the short sellers picked Monday to increase their shorts by another 0.13%, perfect timing it now seems ! AHL have added 0.2% short this month to reach a total of just over 1.5%. Happily, soon after and the technical’s have turned from bearish to bullish in the last days which is good news. All in all hopefully this starts to turn the corner (along with current decent oil price) and gets the SP back into triple figures sooner than later.
Q1 Trading Update I agree. A good solid Q1 which is really encouraging. Although of course it is heavily caveated with lots comments about the oil price staying at current levels. But if price does stay above 70p this year, I cannot believe we will not rise strongly from here. 130p would be my minimum year end target but could easily overshoot that. I certainly won’t be selling any at current prices, apart from my trading purchases of course. The one dark cloud of course is Trump. What will he do next with China? That could be bad for POO, but even more worryingly, what will he do in Iran? That tinderbox could easily explode in the next 12 months… DB
Q1 Trading Update Very solid results Beatley, can’t see PMO staying independent for too much longer, given their asset base. Maybe I’m blind, but surely a rerate can’t be too far down the track. No surprises & if oil trends north I’ll be holding till valuations catch up with reality. ATB
Q1 Trading Update Very solid update, FCF looks like it’ll be at the very top end of guidance given Q1 numbers (oil price dependant). Which also blows away the theory that premier couldn’t generate FCF without selling the ‘family silver’ as one incorrect poster commented. A year end covenant leverage ratio of 2.3x would be absolutely incredible when considering where we’ve come from. Question is, when will the market start to price in the improved fundamentals?