Registered:
12/06/09
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323

About Me:

Overseas childhood, Mod Langs Uni, 25+ years M East banking, now shuttling between UK, US and Spain, trying to earn a more or less honest crust investing.

Mainly UK shares, predominantly oilies + 'special situations'.




Extrader's Latest Blogs

Hi all, A bit like waiting for a bus.... http://www.guardian.co.uk/business/2010/nov/14/premier-oil-korean-talks GLA



Extrader's Latest Comments

Hi Mike, Trains permitting, I'll be there ! There are 2 x threads on advfn where there's been some discussion about topics to raise and who's likely to be attending. ATB

Hi guys, I've now located the comment re potential disruption at SPRP in H2, from note 11 in the 27/4 results RNS Notification of potential relocation of CICAM's manufacturing activities In early April 2015, the Board was informed by its supplier, Jarden that the manufacturing activities of Jarden's majority owned smoke alarm manufacturer in China, CICAM - which supplies 100% of the Group's Sprue and…

Hi Paul, Re slower expected H2 for SPRP, I think you'll find this is because they're assuming some disruption in production when they have to relocate their main factory in China later this year. They've had to do this once already , about 5 years ago, I think, so they know (we hope !) what's involved and how to go about it, but still...... Seems…

Hi all, Here's a slightly dated article from the Economist that has a lot to say about European utilities, there's probably some useful read-across to the UK situation, which I don't myself follow. http://www.economist.com/news/briefing/21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros HTH ATB

Hi Paul,Thanks for the write-up. I've never looked at car dealerships and am surprised at the wafer thin margin, especially if this includes a tail of decent margin work for the servicing & warranty work.On the face of it, it would seem they're maybe making almost no money on the vehicles, only on the after-sales. In other words, a Razor/razorblade business model.With the risk that…

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