What’s your big gamble? (Volume 4)

[Adam.]

Bloomberg reports that the Red Sea diversions are showing up the shortage of oil tankers. Just 2 new supertankers are due to join the fleet in 2024, the fewest in 4 decades and about 90% below the yearly average this Millenium. Next year there will only be an additional 5. Vessel employment rates have risen 5% since ships started avoiding the waterway.

should help my ZIM

[T_S_M]

T_S_M said:

Gargamel said:

PHE - after a staggering decline - including 10% further today alone - shares trade at 0.0049p

I have taken an Olympic Pool sized bath here, but I note Hargreaves Lansdowne own 21% so if your AIM fund is fked - its likely that HL bought PHE with some of your cash

My BEP still at 0.0292

Full year 23 results coming soon, if you have 100 quid to spare you too can buy nearly 30,000 shares. Skys the limit on this one

This isn't a gamble, its a one way ticket to Millionaires Row.

DYOR

I bought some shares in PHE about 3 days before the price plummeted

I've tried cutting my losses a few times where there has been a price spike but they never sell! Low volume I guess?

ETA: When are the full year 23 results due to be released?

Edited by T_S_M on Wednesday 14th February 13:59

PHE has taken off over the last week, up 43%.

I'm only 33% down now

[asfault]

Adam. said:

Bloomberg reports that the Red Sea diversions are showing up the shortage of oil tankers. Just 2 new supertankers are due to join the fleet in 2024, the fewest in 4 decades and about 90% below the yearly average this Millenium. Next year there will only be an additional 5. Vessel employment rates have risen 5% since ships started avoiding the waterway.

should help my ZIM

Zim wont do anything until they make profit again.

I havn't checked but i think ZIM are more into container ships of which there is a glut of. They have LNG tankers on order which should help and I believe new more fuel effecient ships.

[ferret50]

Experts!

What are you expecting PHE to stagger up to, please?

[Gargamel]

ferret50 said:

Experts!

What are you expecting PHE to stagger up to, please?

I mean, you need to treat it as a roulette spin. It’s 3 employees, and a bit of IP licensing, with no reported revenues on 2023…

[T_S_M]

ferret50 said:

Experts!

What are you expecting PHE to stagger up to, please?

Honestly, not a clue! It was/is a pure gamble. I certainly don't expect to be retiring off it

This news earlier in the week is probably the reason for the price rise:

https://www.lse.co.uk/news/PHE/powerhouse-energy-s...


"Powerhouse Energy Group announced a five-year framework agreement with Australia-based National Hydrogen on Thursday. The AIM-traded firm said the agreement outlined terms for Powerhouse's technology and engineering expertise to be exclusively provided to National Hydrogen on a project-by-project basis across Australia, Italy, Switzerland, and Hong Kong. Engsolve, now a wholly owned subsidiary of Powerhouse Energy Group, would undertake the front-end engineering design (FEED) for the facilities covered by the agreement.

Funding for the endeavours would be fully provided by National Hydrogen."

Edited by T_S_M on Monday 26th February 16:46

[Rocket.]

Adam. said:

Bloomberg reports that the Red Sea diversions are showing up the shortage of oil tankers. Just 2 new supertankers are due to join the fleet in 2024, the fewest in 4 decades and about 90% below the yearly average this Millenium. Next year there will only be an additional 5. Vessel employment rates have risen 5% since ships started avoiding the waterway.

should help my ZIM

Take Bloomberg with a pinch of salt, I work in shipping. The Supertankers they refer to are more commonly known as VLCC's (Very Large Crude Carriers with 2 million barrel capacity) and they are correct there are very few new ships coming to the market and rates should rise but these are more affected by the health of global economy in general, the Red Sea situation is least likely to affect these specific vessels as they mostly trade Arabian Gulf to China or West to East via the Cape of Good Hope. Certainly smaller oil tanker rates have been inflated because of the Red Sea. If you want to invest/gamble
in VLCC's see Frontline plc (FRO) NYSE - Nasdaq

[ferret50]

Gargamel said:

ferret50 said:

Experts!

What are you expecting PHE to stagger up to, please?

I mean, you need to treat it as a roulette spin. It’s 3 employees, and a bit of IP licensing, with no reported revenues on 2023…

Thanks, and also to T-S-M, I put a couple of quid in via T212 last week when the shares were 0.32p, sold a bit when they rose and rinsed and repeated to make a few bob, issue is dealing small value orders seems to take time and the value changes before the orders are filled!

But it keeps me out from under 'er indoors feet!

[Adam.]

Rocket. said:

Take Bloomberg with a pinch of salt, I work in shipping. The Supertankers they refer to are more commonly known as VLCC's (Very Large Crude Carriers with 2 million barrel capacity) and they are correct there are very few new ships coming to the market and rates should rise but these are more affected by the health of global economy in general, the Red Sea situation is least likely to affect these specific vessels as they mostly trade Arabian Gulf to China or West to East via the Cape of Good Hope. Certainly smaller oil tanker rates have been inflated because of the Red Sea. If you want to invest/gamble
in VLCC's see Frontline plc (FRO) NYSE - Nasdaq

Thanks - any views on ZIM?

[T_S_M]

ferret50 said:

Gargamel said:

ferret50 said:

Experts!

What are you expecting PHE to stagger up to, please?

I mean, you need to treat it as a roulette spin. It’s 3 employees, and a bit of IP licensing, with no reported revenues on 2023…

Thanks, and also to T-S-M, I put a couple of quid in via T212 last week when the shares were 0.32p, sold a bit when they rose and rinsed and repeated to make a few bob, issue is dealing small value orders seems to take time and the value changes before the orders are filled!

But it keeps me out from under 'er indoors feet!

Congrats! It does go up and down by a large percentage per day.

I had the same problem selling due to the low volume. You’d sell and then by the time it went through the price had dropped again.

[Rocket.]

Adam. said:

Rocket. said:

Take Bloomberg with a pinch of salt, I work in shipping. The Supertankers they refer to are more commonly known as VLCC's (Very Large Crude Carriers with 2 million barrel capacity) and they are correct there are very few new ships coming to the market and rates should rise but these are more affected by the health of global economy in general, the Red Sea situation is least likely to affect these specific vessels as they mostly trade Arabian Gulf to China or West to East via the Cape of Good Hope. Certainly smaller oil tanker rates have been inflated because of the Red Sea. If you want to invest/gamble
in VLCC's see Frontline plc (FRO) NYSE - Nasdaq

Thanks - any views on ZIM?

Not my area of speciality in Shipping im afraid but container ships should benefit from the Red Sea disruption as more divert via Cape but I guess it all depends on how long you think that will last?

The industry main shipping media 'Tradewinds' recently published an article 29th Jan 'Attacks by the Houthi rebels on vessels in the Red Sea have helped to reverse the financial fortunes of Israeli liner shipping company Zim.

The Haifa-based, New York Stock Exchange-listed carrier has gone from being massively loss-making into a money-making machine in the space of two months, analysts and liner shipping sources said.'


The counter narrative is after the post Covid spike in rates I think the sector was heavily overbuilt and as these ships arrive it could keep these rates lower? I see they are also in the Dry Cargo sector which has seen some gains recently. Shipping as a whole generally does well in Wars with disruption to flows. Fwiw I don't invest in any shipping stocks, I prefer to gamble on stuff I have no clue about

[Adam.]

Rocket. said:

Fwiw I don't invest in any shipping stocks, I prefer to gamble on stuff I have no clue about

useful thanks, makes esne for your as you are already very long shipping in salary and pension

[Skyedriver]

Should really have posted here rather than "Share Tips" so:

Been in and out of PHE over the years, without totting up I have probably lost a little more than I won but nothing too drastic (unlike some others)
late to the party but went back in at lunchtime, this usually signals a drop/collapse of the SP but 2 hours in I'm near 14% up.

Then sold again when I thought it had plateaued out.
Only for it to rise again!
Back in after a fight, missing out on a substantial (for me) profit.
It'll be doomed now!

[Earl of Hazzard]

Elf, I was given a free share by T212 back in Dec 2020, it was 25 USD. I held until Dec 2022 it was 56 USD. Currently 203 usd !

[ferret50]

Skyedriver said:

Should really have posted here rather than "Share Tips" so:

Been in and out of PHE over the years, without totting up I have probably lost a little more than I won but nothing too drastic (unlike some others)
late to the party but went back in at lunchtime, this usually signals a drop/collapse of the SP but 2 hours in I'm near 14% up.

Then sold again when I thought it had plateaued out.
Only for it to rise again!
Back in after a fight, missing out on a substantial (for me) profit.
It'll be doomed now!

I've traded my initial £2 up to £26!

But I'll know who to blame when it all goes tits up now!

[Skyedriver]

ferret50 said:

I've traded my initial £2 up to £26!

But I'll know who to blame when it all goes tits up now!

£2 to £26?
Whatever, I'm usually to blame if the cat has Kittens. My stock picking is usually sell when I buy and buy when I sell. This time ATM i'm about right. Cannot last although recently I've traded NG and a couple of others at the right time. Maybe I'm beginning to understand what I'm doing. Nah, doubt it.

[Skyedriver]

So used to seeing any profits fading, I once again cashed out of PHE this morning but once again I see it rising, so with FOMO at the fore, I'm back in again even though it's costing me more. If i'd stayed in when I bought a few days ago I'd be a heck of a lot better off but suppose it's best to take profits then re think.
Isn't it?

[T_S_M]

Skyedriver said:

So used to seeing any profits fading, I once again cashed out of PHE this morning but once again I see it rising, so with FOMO at the fore, I'm back in again even though it's costing me more. If i'd stayed in when I bought a few days ago I'd be a heck of a lot better off but suppose it's best to take profits then re think.
Isn't it?

I bought PHE a few months ago at 0.80p, so I'm finally back in the green. However I'm now wishing I'd bought more at 0.25p...hindsight's a wonderful thing!

ETA: I'm going to hold on to them I think, at least until the next financial results anyway. I'd consigned myself to the fact I'd lost the money anyway

Edited by T_S_M on Wednesday 28th February 10:43

[T_S_M]

Halfords is down 30% today on the back of poor profit forecasts.

Maybe worth a few quid while the price is low as a long term thing?

[Gargamel]

T_S_M said:

Halfords is down 30% today on the back of poor profit forecasts.

Maybe worth a few quid while the price is low as a long term thing?

The bike market in the UK is trashed. Bikes way overpriced versus demand and what people will spend. Second hand pages awash with bikes.

Maybe the car side will save them, but I am not surprised they are struggling