Smallcapscat

@MrShitbagger Did you used to post under a different name? We were clearly in the same names at the same time as a lot of your posts resonate!!

*TRUMP OFFERS TO END WAR IF IRAN DONATES $10 MILLION TOWARDS PLEXUS PLC (LON)- WSJ

@KallumPickering Restore Britain taking Reform share?

Serious question - can anyone explain what's happening with UK opinion polls? I can't imagine that the Greens are stealing Reform support - but that, at face value, seems to be what the polling shows?? #ukpolitics #reform #greens #labour #conservatives

@ExpectingValue I suspect Lewis probably has a better grip over how thin the market has become and which sellers are driving prices (erroneously) and in which names than he does in other geographies

@ExpectingValue It's the last day of the tax year on Thursday so you can expect some extra pain for anything with lots of pa punters in looking to crystallise losses. There is probably an interesting systematic screen that could be done looking to profit from this anomaly

UK small caps feel totally liquidity driven at the moment (always was, yadda yadda). Cannot overstate how thin a market it is with how much capital has flowed out. Very little tail of trading wagging the dog, helped by a few players with big outflows (yes, I'm getting spanked)

@Met4CastUK No need for that

We’re just 84 days until the nights start to grow longer again.

@scott_expert We make more petrol in the UK but have to import more diesel.

Before the Iran war, it was 8p a litre difference between unleaded and diesel. Now it's 26p at my local Sainsbury's in Edinburgh. But there's no profiteering going on 🤔 Can someone explain how this works?

@ClaireCoutinho What was the rationale given?

🚨NEW: In the middle of an energy supply crisis, Ed Miliband has just stalled the Jackdaw North Sea gas field project AGAIN. Jackdaw could be up and running in time for winter, producing enough gas to heat 1.6 million British homes. However, Ed’s priority is whether it fits into Net Zero and our international climate treaties. Never mind that we would be using higher emission imports of foreign gas if we don’t use Jackdaw. Imports don’t count in our emissions targets, so it’s a sneaky get around for Ed which will make us colder, poorer and less secure. Bad for the environment and for our economy.

@MrShitbagger The things they took from us eh

Bring back 2010 We getting in Desire. Rockhopper and Fastnet brah 3.2 trillion cubic feet (TCF) of wet gas initially in place, with an unrisked best estimate of around 462 million barrels of recoverable condensate and LPG Brev

@Steven_Swinford @oliver_wright Even the mention of this could cause some people to panic buy and create shortages that otherwise might not have happened

EXCLUSIVE from @oliver_wright Diesel supply shortages will begin to hit Britain from mid-April as stock bought before the Iran war runs out, ministers have been warned Senior industry figures have alerted the government to a looming fall in imports of the fuel and urged them to start considering contingency plans in place to reduce demand One source said that while the UK would not “run out” of diesel, supplies could drop by more than 10 per cent by the middle of next month The UK consumes roughly 23 million tonnes of diesel per year, of which about 5 million tonnes is imported from refineries in the Netherlands and Belgium Some of this fuel originates from the Middle East, which has been affected by the Iranian blockade of the Strait of Hormuz. The UK also imports about 7% of its diesel directly from the Middle East Four separate industry sources told The Times that there were concerns over the medium-term supply of the fuel, warning that motorists could see some disruption at the pumps Some smaller forecourts are already finding it harder to access diesel suppliers as terminals — which store and handle the fuel — are prioritising clients with set contracts thetimes.com/uk/politics/ar….

@long_equity What's the valuation these days?

Diploma is probably one of the UK's highest quality companies.

@iAmJoshHunt Good in a sense that it would accelerate IMF intervention which would be a good excuse to cut back on things that have become too politically difficult to cut

What really worries me is the potential for gilt yields to go into a parabolic advance. The destruction that would leave in its path is a terrifying thought.

@IggyOnInvesting Is that oil piped or shipped out?

The Kistos OMAN deal is starting to look crazy with the huge premiums OMAN oil trades at. The deal is backward date to 1 Jan 2025. So when it goes through we hand Mitsui $148M and get an already size able amount of cash back (2025+start of 2026 cash flow). And at current price that asset could produce north of that purchases prices in FCF a year.

@taobanker 1. Things you hear near the bottom. 2. When the time comes to buy you won't want to.

I'm starting to see ALMOST NO REASON TO OWN SMALL CAPS unless you enjoy trying to be a hero and getting assaulted for absolutely no reason

@BenGrahamUK One of the downsides to our 5 year democratic cycle is that if any projects in the national interest take so long to complete that they fall into the next parliament then why would the incumbent bother - just to help the next guy? Energy should be independent of govt like the BOE

Backing North Sea oil & gas is only half the solution. The UK should be building nuclear at scale. 10–15 reactors could power all 29 million homes. Instead of importing energy, we could be exporting it. Lower bills. Energy independence. Economic growth. Why is this not national policy?

@Shafiq_Ahmed @DeadEyeP_ @faisalislam @Arm @Filtronic @Nanusens Missed off Raspberry Pi...but they are all SMID caps really - nothing of the scale of ARM

@Smallcapscat1 @DeadEyeP_ @faisalislam @Arm We have @Filtronic, Ensilica, CML Microsystems, @Nanusens, etc.

NEW Cambridge-headquartered tech giant Arm Holdings announces it will manufacture its own AI chips - a significant change after 3 decades of success getting its chip designs in 350 billion devices worldwide - IPhones, cars, data centres etc… partnerships announced with most of the worlds tech giants including OpenAI and Meta. The chips will be specialised for AI use, especially the deployment of “agents”. CEO Rene Haas tells BBC: "This marks the next phase of Arm’s journey - building on our roots in Cambridge, and the strength of our teams across the UK and around the world…” which puts Arm and the UK at the centre of global AI transformation.

@Shafiq_Ahmed @DeadEyeP_ @faisalislam @Arm No semi peers listed in the UK anymore - they just wouldn't be able to get the valuation

@Smallcapscat1 @DeadEyeP_ @faisalislam I'd love to see @Arm have an additional listing in the UK.

@DeadEyeP_ @faisalislam A function of the almost continuous sell down of UK equities by UK pension funds over the last decade - this depresses the valuations of listed companies and makes them easy pickings for takeovers. The powers that be don't seem to understand or care about this.

@faisalislam A true UK unicorn, sadly sold to the highest bidder

@faisalislam They are setting up their own fab? Really?

@MarketBlondes Yes!

This is the key chart - the labour market now is different to 2022, that’s the lesson to be learnt when facing an inflation shock

@UnderSneege Yes

Isofix killed the 3 child family