The FPL Pom poms must be very heavy as it seems that every two to three months there is a cheeleader . So many have come and gone . So many quietly disappear into the ether. The only thing that is constant is the share count increasing , the money going 50% to exploration of loss making fields and 50% to management and the constant sizzle with no sausage ever delivered for consumption . If we get some oil dribbling it’s all about the oil , then we have gas , let’s make it about the gas. Same same month after month , year after year.
We are only a couple of weeks away from the quarterly and I am so looking forward to see how that positive css flow position translates into cash outflow for the quarter . Let’s say what FPL can produce , record high oil prices - can they manage to increase cash - I would be happy to see cash increase even my 1 dollar for the quarter
FPL Price at posting:
1.0¢ Sentiment: None Disclosure: Not Held