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TOPIC: FAO A. LAPPING

FAO A. LAPPING 20 Jan 2026 21:14 #1

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	Andrew, If any of your millions of pounds is invested in oil I'd sell mate, pronto. I've heard bad things about the price of the old Texas Tea down the club.
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FAO A. LAPPING 21 Jan 2026 07:57 #2

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	Telt yer www.wsj.com/articles/oil-sinks-below-28-...-year-low-1453267718 Hope you got out in time mate
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FAO A. LAPPING 21 Jan 2026 08:58 #3

Markovitch Offline Reserve Squad Posts: 545 Likes received: 81	Iran has said they will sell their reserves of oil for $1 a barrel
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FAO A. LAPPING 21 Jan 2026 12:41 #4

pensionerblue Offline Ball Boy Posts: 241 Likes received: 44	Good on yer Iran, Lets have it at 4 gallon for a pund or 5 bob a gallon....lol.
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FAO A. LAPPING 21 Jan 2026 18:43 #5

Flatcap Offline Ball Boy Posts: 246 Likes received: 54	The price of oil has dropped but the excise duty hasn't. Obviously, however, there will be a drop in the VAT take.
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FAO A. LAPPING 21 Jan 2026 20:16 #6

Laffy
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Being a contrarian,I'm actually buying oil stocks which are asset rich but have limited exposure to heavy production costs and therefore horrendous cashflow issues I like Cairn Energy and Ophir.

The wolves are circling over a number of oil related companies which have too much debt-I think Amec have serious issues for example after their terribly timed purchase of Foster Wheeler.

The whole sector has been trashed in an indiscriminate way but the world,or at least certain parts of it,cannot afford cheap oil and the geopolitical risk is therefore very high eg Venezuela,Saudi Arabia.In truth,many economies need expensive,not cheap oil.

It's sub $30 just now but I reckon there will be a bounce short term but don't rely on my view please.

Andrew

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FAO A. LAPPING 21 Jan 2026 20:58 #7

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	First you try and invest in Carlisle United and now oil. You got some kind of Brewster's millions deal going on?!
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FAO A. LAPPING 21 Jan 2026 21:12 #8

Laffy Offline Ball Boy Posts: 166 Likes received: 194	No but I do think both Carlisle and oil are good long term bets
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FAO A. LAPPING 21 Jan 2026 22:10 #9

idratherbeanonymous Offline Ball Boy Posts: 41 Likes received: 12	Cairn and Ophir both at about a 5 year low, could still go lower unless there's a change in market sentiment towards the oilers
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FAO A. LAPPING 21 Jan 2026 22:17 #10

Laffy Offline Ball Boy Posts: 166 Likes received: 194	That's the gamble-the whole sector is friendless but it's the production dependant companies that will be hurting.Those with assets can afford to sit and wait for the upturn.
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FAO A. LAPPING 21 Jan 2026 22:27 #11

idratherbeanonymous Offline Ball Boy Posts: 41 Likes received: 12	The stockmarket's become more and more of a gamble in recent years, controlled to a huge extent by the market makers and their dubious tactics especially where AIM companies are concerned with it being so loosly policed by the financial authorities. Good luck with Cairn and Ophir, will keep an eye on them.
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FAO A. LAPPING 21 Jan 2026 22:35 #12

Laffy Offline Ball Boy Posts: 166 Likes received: 194	Agreed but both of these are main market so very liquid.Made a bit of cash on Empyrean this week after months of toil.
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FAO A. LAPPING 21 Jan 2026 22:41 #13

GingerBalls Offline Ball Boy Posts: 74 Likes received: 21	Laffy - I don't normally do this "investment thing" but tonight I put £50 of fuel in my Datsun. Do you think I should have waited? Am I likely to get a return on my investment? I would take £60 now for the fuel and the car if anyone is willing to take a punt?
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FAO A. LAPPING 21 Jan 2026 22:44 #14

Laffy Offline Ball Boy Posts: 166 Likes received: 194	Can't see it getting much cheaper-I would be stock piling it if I had a tanker! I thought Datsuns were off the road years ago
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FAO A. LAPPING 21 Jan 2026 22:48 #15

Mush Online Youth Team Player Posts: 308 Likes received: 107	GingerBalls wrote: Laffy - I don't normally do this "investment thing" but tonight I put £50 of fuel in my Datsun. Do you think I should have waited? Am I likely to get a return on my investment? I would take £60 now for the fuel and the car if anyone is willing to take a punt? Ha ha Datsun - class
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FAO A. LAPPING 21 Jan 2026 22:50 #16

GingerBalls Offline Ball Boy Posts: 74 Likes received: 21	Yes Laffy, she's off the road but the fuel tank is still in good shape
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FAO A. LAPPING 21 Jan 2026 23:07 #17

Laffy Offline Ball Boy Posts: 166 Likes received: 194	Cherry?
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FAO A. LAPPING 21 Jan 2026 23:34 #18

GingerBalls Offline Ball Boy Posts: 74 Likes received: 21	Nope Yellow Bluebird Estate. Why am I telling you this, I should be protecting my asset ...
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FAO A. LAPPING 22 Jan 2026 07:59 #19

Laffy Offline Ball Boy Posts: 166 Likes received: 194	The recovery starts today in my opinion guys
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FAO A. LAPPING 22 Jan 2026 08:27 #20

Markovitch
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Problem is most oil and gas exploration is 100% bank funded so a crash in oil will bring a run on some banks and that will hit all sectors until the effect of cheap oil washes through. Iran is selling reserves but won't have full production up for 2 years. 40% of 2015 US oil related bankruptcies were in December. Volatility averages are 8 times up on one year ago. Keep your money in a sock under the bed!

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FAO A. LAPPING 22 Jan 2026 08:41 #21

Stinkyturner
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Markovitch wrote:

Problem is most oil and gas exploration is 100% bank funded so a crash in oil will bring a run on some banks and that will hit all sectors until the effect of cheap oil washes through. Iran is selling reserves but won't have full production up for 2 years. 40% of 2015 US oil related bankruptcies were in December. Volatility averages are 8 times up on one year ago. Keep your money in a sock under the bed!

Is that the crusty, sticky sock or the other one?

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FAO A. LAPPING 22 Jan 2026 17:34 #22

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	Laffy wrote: The recovery starts today in my opinion guys He knows about shares He knows about stoooooooocks Andrew Lapping He knows about stocks www.bbc.co.uk/news/business-35379549
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FAO A. LAPPING 23 Jan 2026 11:13 #23

Laffy Offline Ball Boy Posts: 166 Likes received: 194	Prepare for mass consolidation in the oil sector Ibogaine,driven by banks turning the heat on highly borrowed positions.In reality,the whole sector had grown fat and lazy so a weeding out is long overdue in my view.A spike last yesterday gives the banks the opportunity to give their borrowers a quiet nudge down that road.
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FAO A. LAPPING 23 Jan 2026 12:16 #24

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	Thanks For the advice Andrew. My current investment capital is tied up in an each way Yankee. But if I get a few winners at Haydock today and my position changes perhaps we can look to build a portfolio together?
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FAO A. LAPPING 23 Jan 2026 12:47 #25

Laffy Offline Ball Boy Posts: 166 Likes received: 194	One of the pleasures in life is the banter on this forum! I doubt you would want to invest with me-what with my 'dubious' business practices and lack of a pot. Good luck at Haydock-you'll need it!
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FAO A. LAPPING 23 Jan 2026 17:05 #26

Ibogaine Offline Ball Boy Posts: 213 Likes received: 381	One Winner and a couple of places so I'm sure I could lend you a few bob if required Shame the club can't utilise your financial acumen. Ever thought of getting involved somehow?
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FAO A. LAPPING 23 Jan 2026 17:18 #27

Laffy Offline Ball Boy Posts: 166 Likes received: 194	After today,let me come back to you on that one!
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FAO A. LAPPING 23 Jan 2026 18:44 #28

united61 Offline Ball Boy Posts: 23 Likes received: 3	please come back heard that bill Wilson meeting with Jenkins next week which is not good news seems what happened with companies he ran before all went bust have you heard on the grape vine Andrew any news
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FAO A. LAPPING 23 Jan 2026 18:51 #29

ParcelPete Offline Reserve Squad Posts: 681 Likes received: 314	united61 wrote: please come back heard that bill Wilson meeting with Jenkins next week which is not good news seems what happened with companies he ran before all went bust have you heard on the grape vine Andrew any news How can he come back if he's not welcome.
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FAO A. LAPPING 23 Jan 2026 18:58 #30

Laffy Offline Ball Boy Posts: 166 Likes received: 194	Correct though I am still allowed in the stand!To be fair,taking three under 11s without any payment for them is a great initiative. Re Bill Wilson,I have heard his name a few times though no idea whether there is any truth in it.He will have to climb over the Trust if he has aspirations-that will be a good barometer of his credentials.I am certain he isn't a billionaire though.
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