Share tips thread

[twinturboz]

twinturboz said:

Looks like a big fat bull flag. If it goes target is around 3% higher from here so 1.27ish

Don't quote me on it but that could be the highs for now in GBP. If so this is the wave that should go to 1.153 in time. First clue would be a break back below 1.251

[dom9]

If it goes below $1.20 again - I'm pulling this trigger! All this 'calling the bottom' is giving me heart pains!

[FredClogs]

So say the £ does stay low or get lower over the coming months, years - what would you suggest for a regular saver or investor to be doing with their monthly savings? Continue to put into UK equities? Buy some sort of fancy currency hedged fund or just plow on regardless with buying global equities and UK equities and accept it'll sort it self out in the long run?

[twinturboz]

dom9 said:

If it goes below $1.20 again - I'm pulling this trigger! All this 'calling the bottom' is giving me heart pains!

Try trading crude recently, need chopsticks.

[dom9]

twinturboz said:

Try trading crude recently, need chopsticks.

My career is based on crude prices... don't even start me! I'm likely to be jobless next month, so I should probably stop worrying about this 'house deposit' as I won't have a job for a mortgage!

[OtherBusiness]

twinturboz said:

Don't quote me on it but that could be the highs for now in GBP. If so this is the wave that should go to 1.153 in time. First clue would be a break back below 1.251

Looking a good call! Does this mean FTSE 100 is likely to rise having dropped down to 7100 today?

[twinturboz]

OtherBusiness said:

Looking a good call! Does this mean FTSE 100 is likely to rise having dropped down to 7100 today?

One day move won't tell us much on the bigger picture, but right now Ftse and Gbp are pretty much inverse. So if it does continue to fall would expect FTSE to rise yeah, but that's not exactly something to base your sole decision on.

dom9 said:

My career is based on crude prices... don't even start me! I'm likely to be jobless next month, so I should probably stop worrying about this 'house deposit' as I won't have a job for a mortgage!

Been waiting for this 57-62 breakout for what feels like a lifetime. Feel like there's 2 scenarios a move to 57-62 from here then a larger potential move down. Or a move from here to 47 then final wave up to 57-62, WTI that is.

The big issue however is that the long trade is a very crowded trade. COT report shows largest spec longs for crude in years.

[g4ry13]

Sold my KAZ today, that's the least happy i've ever been to make some money.

Going to hold on to my other shares for now, I have some targets in place for them. Next decision is whether to hold cash for a bit or reinvest.

[FredClogs]

Does anyone care to explain what this mornings PMO refinancing proposal actually means in the short term? Suggestion of a 7.6% dilution and 1.5million equity warrants at 42.75p... What does this mean?

I've only bough a few hundred £ but this has been a steep learning curve on getting into things I don't understand

[WindyCommon]

FredClogs said:

Does anyone care to explain what this mornings PMO refinancing proposal actually means in the short term? Suggestion of a 7.6% dilution and 1.5million equity warrants at 42.75p... What does this mean?

I've only bough a few hundred £ but this has been a steep learning curve on getting into things I don't understand

Sure. With their debtors nuts perfectly positioned in the vice, PMO's lenders have materially improved their terms - "...enhanced economics and certain governance controls..." at the expense of equity holders. The juiciest part may be the warrants allowing them to buy up to 90m shares at 42.75p - about half the current "market value"...

Tony Durrant Premier Oil chief executive said:

The agreement of the long form term sheet with representatives of our private lenders marks a significant milestone for Premier. We are grateful for our lenders' continued support, which reflects the high quality nature of our asset base, the strong recent operating performance and our plans to deliver value for all of our stakeholders."

Edited by WindyCommon on Friday 3rd February 10:33

[FredClogs]

WindyCommon said:

FredClogs said:

Does anyone care to explain what this mornings PMO refinancing proposal actually means in the short term? Suggestion of a 7.6% dilution and 1.5million equity warrants at 42.75p... What does this mean?

I've only bough a few hundred £ but this has been a steep learning curve on getting into things I don't understand

Sure. With their debtors nuts perfectly positioned in the vice, PMO's lenders have materially improved their terms - "...enhanced economics and certain governance controls..." at the expense of equity holders. The juiciest part may be the warrants allowing them to buy up to 90m shares at 42.75p - about half the current "market value"...

Tony Durrant Premier Oil chief executive said:

The agreement of the long form term sheet with representatives of our private lenders marks a significant milestone for Premier. We are grateful for our lenders' continued support, which reflects the high quality nature of our asset base, the strong recent operating performance and our plans to deliver value for all of our stakeholders."

Edited by WindyCommon on Friday 3rd February 10:33

Well... All I can say is this has been a rude lesson in buying shares and taking tips from this thread

But they will go back up won't they... won't they?

Edited by FredClogs on Tuesday 7th February 18:22

[WindyCommon]

Currently trading at around 80p. They were 25p this time last year. £21 or so in 2011. £36 in 2003....

[wilwak]

I keep looking at IIP Infrastructure India Trust.

It's NAV is about 50p per share but the share price is just 8p.

It's investments just seem to be reaching completion.

Seems too cheap to lose on. Am I missing something?

Worth a punt?

[don29]

FredClogs said:

Well... All I can say is this has been a rude lesson in buying shares and taking tips from this thread

But they will go back up won't they... won't they?

Edited by FredClogs on Tuesday 7th February 18:22

That all depends on your timescales.

[FredClogs]

WindyCommon said:

Currently trading at around 80p. They were 25p this time last year. £21 or so in 2011. £36 in 2003....

Indeed... I want to know where they'll be tomorrow

It's just a bit odd that whilst the refinancing may not be a great deal the fact its done and dusted and the poo looks like it'll be stable for the foreseeable I didn't expect the price to fall off 10% this week.

Some of the chat on other forums suggest market forces and some traders are at work closing out shorted positions I have no idea what that means. There was a £500k buy put through just before close today so maybe it'll open up tomorrow.

[FredClogs]

don29 said:

FredClogs said:

Well... All I can say is this has been a rude lesson in buying shares and taking tips from this thread

But they will go back up won't they... won't they?

Edited by FredClogs on Tuesday 7th February 18:22

That all depends on your timescales.

I'm in no rush, but if you could let me know when they bottom out I'll buy some more

Down again 5% this morning.

[acealfa]

I'm surprised no one has mentioned Sound Energy for awhile. The presentation the other week was astonishing with the CEO extremely confident they will be bought out in 18 months - 2 years for 'many many times the current share price'.

https://www.youtube.com/watch?v=em7JoYgAMTU&t=...

[Kwackersaki]

Possibly something brewing with AEX? Up 20% this morning.

I can't find much in the way of news so how can such a jump not be insider dealing???

[p1stonhead]

acealfa said:

I'm surprised no one has mentioned Sound Energy for awhile. The presentation the other week was astonishing with the CEO extremely confident they will be bought out in 18 months - 2 years for 'many many times the current share price'.

https://www.youtube.com/watch?v=em7JoYgAMTU&t=...

Ive been in for about 4 months since 56p I think it was. Not a huge amount though only a few grand.

I suspect it'll not go too much higher until an offer comes (if it ever does).

My next door neighbour put about £25k in around 2013 and 6p. bd.

[g4ry13]

Kwackersaki said:

Possibly something brewing with AEX? Up 20% this morning.

I can't find much in the way of news so how can such a jump not be insider dealing???

SOLO has also been flying lately.