www.investormorse.com
17.02.2010.
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Greece--how strange to insult the EU just as it offers help--am worried about banks there Cyprus--Lanitis Group to issue title deeds in two tranches of 450 very soon re Aphrodite Hills development---well done!! Cyprus Airways to shortly commence flights to Kiev and Dublin China--new year parties for year of the Tiger just as Obama to meet religious leader of Tibet--not clever UK--budget March---election May--VAT 20%---infalation 3 1/2% versus 3% yield on Government securities at a time when interest rates are to soon rise Property repos at 14 year high---auction results fall--mostly cash buyers--a bad sign--1 in 8 shops vacant BA gets go ahead from US re merger with AA Barclays numbers Tuesday--great figures last week from Rolls Royce and Smith and Nephew--Hikma continues to act well--as does Bowleven Falklands drilling rig arrives tomorrow--drilling to start in less then 5 days..UK rights protected by EU/Treaty of Lisbon.There is variously estimated to be at least 65 bn. barrels of oil there---the Chinese are currently paying USD 12/15 for oil in the ground--so after allowing for Falkland Island taxes if 26% and UK corporation taxes on the 5 or so UK registered companies involved the potential for shares involved can be HUGE--bell/e me for details and updates good hunting |







