The futures were way out of whack, funny how extreme these things can be. Cable is just floating along, dollar is quite strong so relative to that its doing ok but UBS says there could be a break out upwards with 1.55 target.
That is feasible but UBS is the swiss who are not in EU and of course realise thats no great negative, doesnt mean the market comes to that conclusion this year.
December should be quite quiet vs January barring any real news. Often theres a drift up but we are already high, its a very noticeable bias year after year from low volume
GPX up 50% today, I dont see any news but I was thinking about it and it might make some sense. The 50% alone doesnt mean anything much, its 6p and rights were 4p at year start.
Its a destroyed asset in the Syrian battleground. How broken I dont know but prices move on differences which this Trump dynamic absolutely is. Its all speculation but his policy with Russia and so with Assad and the Syrian army could I suppose benefit this share, the reality being very harsh but the rumour allows for the share to rise like this is my guess. 30p would be something, I dont suppose it'll do that as its not likely a working asset any more.
http://www.malcysblog.com/2016/04/o...eon-gulfsands-caza-bahamas-petroleum-finally/
http://www.thesundaytimes.co.uk/sto/business/Companies/article1684426.ece
Sold some more Weir. 1800 is good, they could make 2000 before next spring if fracking is in recovery I guess. I should rebuy them, I dont think they expensive and it depends on oil price also etc
Bought tiny bit of VOD, I should have sold BT year start and I realise(d) RDSB or similar would have been a good switch at the time. I did get some, somebody said the merger was known as a sure thing
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Utilities have a premium in some negative type markets, its more challenged now. I dont actually like BT at all tbh
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never did, too much of an ex government blob. I said sell in 2000 but they were held by a relative at that point. Its a bit worrying their reliance on size, I dont think the regulator will split them while we leave EU
http://www.proactiveinvestors.co.uk...luded-from-23ghz-spectrum-auction-169255.html
RMG looking very unwanted there, maybe it can come back to 500 before any further decline. Not sure if its expensive or not, not especially
Sold all my Shell, Im not the optimistic type re: OPEC etc - 2200 is a good area, Im not that far off that. I can easily be wrong but Im overweight oil anyway
http://www.thecountrycaller.com/394...vestment-of-iraqi-assets-under-consideration/