Foreign owned palm oil plantations in Indonesia
All of these plantation shares are down about 15% today given that the Indonesian government are to take a closer interest in prices paid for palm oil exports. Funnily enough we have been through all this a few years back and therefore I reckon that the sector is a buy.
9 hours ago1 min read
Ultimate Products (ULTP)
ULTP has been declining for a long term but recent results do not reflect the fact that this company is changing its nature and that it is probably into an expansionary phase and therefore on PE of 4 in 2027. TNAV is only £10m as against a capitalisation of £40m. But I reckon that the market will rate according to earnings rather than putative break up value. I bought 100,000 at 47p this morning.
1 day ago1 min read
Joanna Lumley and Co
Jan Hetherington has written a series Conversations From A Long Marriage which is based on Joanna Lumley and Roger Allum. It is superbly presented (Radio4 2.15 p.m. Mondays). My wife has for many years been of the view that I am not safe with the thought of Joanna Lumley around and she might be just a little bit right. Indeed some years ago I wrote to the Honours secretariat suggesting she be uplifted to the Marchioness of Larfs. And I copied this to Joanna. There's adoration
2 days ago1 min read
Sporting results
Rather to my surprise Bulgaria did not win the Scottish premiership despite the non-intervention of VAR.
4 days ago1 min read
Government costs
There ae circa 30m workers in this country of whom 500,000 are civil servants. For the next two months at least there will be a widespread lack of clarity and therefore effectiveness infesting the top layer whilst the Labour Party sorts out the staggering mess that it has generated. There is no apology from these monkeys yet. Incidentally, there is a belief on the left wing of the PLP that Britain is in thrall to the bond markets and that therefore the cure is to print out mo
5 days ago1 min read
Pantheon (PANR)
I had quite a setback on PANR when test drilling of the Alaskan property simply did not produce anything attractive - causing those whose original opinion had been that American majors had left the entire prospect alone for many years. However, Michael Spencer, an intelligent fellow, declared that he reckons that there is a great deal of oil to hand and has therefore taken a stake. I decided to wait until the price had started to lift - which yesterday is exactly what happene
5 days ago1 min read
Feminism
I expect to be assassinated now that I disclose that I simply do not understand what feminism is. Please be gentle.
6 days ago1 min read
