James Mc

Investor in Elephant & Castle and financial markets...

[Alexander Stahel 🌻 @BurggrabenH]

There are plenty of warning signs

In 2025, Google spent $80 billion on AI CapEx, which it funded mostly from its enormous cash flow plus a bit of debt. In 2026, Google will spend $180 billion to $190 billion on AI CapEx, and that is too much for its cash flow.

There are also stories that Meta and Microsoft will be doing similar transactions soon. This all goes to show that certain non-capital-intensive large software companies have now become capital-intensive hardware companies.

AI capex contributes to GDP growth. All good. However, what has changed in 2026 is that the equity markets is now being asked to fund a significant chunk of this annual investment.

Up until now, private money and free cash flow carried the burden, and the stock market enjoyed the ride. Not anymore.

It's one thing to own AI stocks when the AI companies are footing the bill for the CapEx. It's another story to own these stocks when companies are raising capital from public shareholders and dilute them while valued at AI mania levels.

Another transformative news came from SoftBank. It has a large position in OpenAI that given the most recent valuation, is valued at $60 billion. So it tried to get a loan for $10 billion to refinance some of its $40bn debt wall coming. Against it, it tried to pledge its OpenAI position as collateral.

But it could not get a $10 billion loan, so it reduced its ask to $6 billion. And it can't get that amount either for reasons that are unknown.

What that tells us is that banks are perfectly willing to take SpaceX, OpenAI et al public at insane valuations and a nice fee calculated on that insane valuation, but they are NOT willing to put their own balance sheets on the line for that exact same valuation. After all, insane valuations are for retail investors, not the banks that will take them public.

[James Mc @Brett1118]

@Riccardino999 Nice

[James Mc @Brett1118]

Nothing wrong with obese positions..

[Mr Rhino @Riccardino999]

#vul #vulcan2 #yolo

These are exactly the kind of macro trends that will benefit #vulcan2 !

And could lead to sales growing 30% + a year for the next few years

I own the stock (a reasonably fat position, borderline obese position 😉😂😀)

[Robin Mayes @Robin25461631]

#BOR Some chunky buying today, SP beginning to push higher. Where does it go once the farm out is signed and sealed and it heads towards development?

[Robin Mayes @Robin25461631]

#SEI $SEI.V Another board member with a substantial stake in the company https://t.co/PTOqKLd3RK

[Open Source Intel @Osint613]

President Trump now: "I don't know if you heard, but we ended the war with Iran today, and they have agreed never to have a nuclear weapon"

[Oregen Energy Corp. (CSE: ORNG) 🍁 @oregenenergy]

Shell, QatarEnergy and NAMCOR strike again in Namibia’s #OrangeBasin 🇳🇦

Merlin-1X is the 4th discovery announced on PEL 39 and has been described as delivering the most encouraging subsurface results seen on the licence so far.

$ORNG.CN #ORNG

https://t.co/deT3mUgFme

[Treasury Secretary Scott Bessent @SecScottBessent]

The Iranian regime will lose the zero-sum game it is playing.

Any damage it inflicts on our allies in the Gulf will be paid for with funds extracted from Iranian Accounts.

Any tolls paid to the Persian Gulf Strait Authority will be offset by funds extracted from their accounts.

Every attack Iran launches will only deepen the economic and financial consequences it faces.

[James Mc @Brett1118]

No bins. They take it home. I found same issue but respect the culture. Also love Japan.

[TheHedgelessHorseman 🏇 @Comm_Invest]

One of life's mysteries is how Tokyo can be so clean yet it took me an hour to find a trash bin for my Starbucks cup

[RentGuarantor @RentGuarantor]

🤝We’re delighted to welcome another 2️⃣0️⃣ partners this week!

We’re now supporting over 2,200 agents in bringing our award-winning professional guarantor solution to their customers.

#RentPositive

[Corcel PLC @CorcelPlc]

Geraldine Geraldo, Chief Commercial and Strategy Officer of Corcel, recently spoke with The Energy Year about the Company's strategy in Angola and the progress being made across its Kwanza Basin portfolio.

The interview covers Corcel's approach to exploration, ongoing activities around KON-16, and the broader opportunities.

Read the full interview: https://t.co/rWL5MIeD0z

#CRCL #Angola #ANPG #AngolaOilAndGas #KwanzaBasin #OilExploration #EnergyTransition #FrontierBasins #PreSalt #AngolaEnergy #CorcelPLC #PetroleumExploration #OilAndGasNews #ExplorationDrilling #AfricaEnergy #OnshoreExploration #BasinOpening #AngolaOilProduction

[Robin Mayes @Robin25461631]

#KEFI Gold price coming off to just over $4200 has scared a lot of retail to dump their stock, now trading well under the placing price. Look at the margin of safety there is on the gold price.

"These metrics position Tulu Kapi as a highly cash-generative project. Even with gold at US$2,500/oz, operating cash flow would be expected to exceed total project debt in the first full year of production, fuelling rapid deleveraging and value realisation for shareholders."

[The Red Lion Bangkok @redlionbk]

It's Thursday — pie day at The Red Lion! All pies just 249฿ all day long. Proper pub comfort food! 🦁🍺

[Poolbeg Pharma @PoolbegPharma]

In just a couple of decades, cancer treatment has evolved from limited, broad acting approaches to highly targeted, immune-driven therapies. This doesn't just mean more options for patients but fundamentally different outcomes and expectations for their treatment journeys.

Today, innovation in immunotherapy and next-generation antibody technologies is reshaping how diseases are treated, managed, and even survived. The contrast of how these new therapies are changing patient journeys is a reflection of how far science, research, and collaboration has come.

That said, this progress isn’t without challenges. Cancer immunotherapies can trigger side effects such as cytokine release syndrome (CRS), highlighting the need for continued innovation in safety and patient management.

#Oncology #Immunotherapy #Biotech #CancerResearch #HealthcareInnovation

[Robin Mayes @Robin25461631]

#sei $sei.v Sintana Energy note from Auctus. 80p target price and unrisked valuation at £4.19 per share. Fully financed for 24months and exposure to up to 10 wells.
Value underwritten by their free carry on Mopane. Just on Mopane alone trading at a 30% discount.

[฿คຖgk๐k-฿๐y - หนุ่มบางกอก 🇹🇭 @Bangkokboy17]

Happy birthday, Gavin! 🥂
📍 The Blue Boar Pub Bangkok Sukhumvit Soi 18
FB: blueboarbkk

[Kai Hoffmann @JrMiningGuy]

New site visit video now live

I spent the day in southern Spain visiting Pan Global Resources' Escacena Project and the newly acquired Escacena South concessions.

A few things stood out:

• 3,000+ years of mining history in the district
• Existing operating mines and infrastructure
• La Romana already hosts a 36Mt resource!
• Multiple new targets remain untested

Seeing a project in person never replaces due diligence, but it certainly provides context!

@panglobalspain $PGZ.v #coi
#copper #mining #exploration #stocks #investing

[Poolbeg Pharma @PoolbegPharma]

Great to see Poolbeg Pharma featured in @thisismoney highlighting the potential of POLB 001 to address Cytokine Release Syndrome (CRS), a serious and potentially life-threatening side effect associated with some of the world's most advanced cancer immunotherapies.

The article also highlights several important milestones for the programme:
🔹 Positive FDA feedback supporting POLB 001's proposed clinical development pathway and future Phase III trial design
🔹 FDA Orphan Drug Designation, providing important regulatory and commercial advantages
🔹 The potential for POLB 001 to become the first oral preventative treatment designed to stop CRS before it develops
🔹 The upcoming interim readout from the ongoing TOPICAL trial evaluating POLB 001 in multiple myeloma patients receiving bispecific antibody therapy

As immunotherapies continue to transform the treatment landscape for cancer patients, addressing treatment-limiting side effects such as CRS remains a significant unmet medical need. We believe POLB 001 has the potential to improve patient outcomes, expand access to life-saving therapies and create meaningful value for healthcare systems and industry partners alike.

Read the full article here:
https://t.co/p2Mb9sOZrb

#PoolbegPharma #POLB001 #CRS #Immunotherapy #Oncology #CancerResearch #Biotech #DrugDevelopment #HealthcareInnovation

[RentGuarantor @RentGuarantor]

📰 "Everything is going right for this in-demand property stock"

Following the latest trading update, @IChronicle has reaffirmed its positive outlook for RentGuarantor.

Read all about it ⤵️
https://t.co/fUSsVbbgBy

[฿คຖgk๐k-฿๐y - หนุ่มบางกอก 🇹🇭 @Bangkokboy17]

𝗦𝘂𝗻𝗿𝗶𝘀𝗲, 𝗦𝗰𝗿𝗮𝗺𝗯𝗹𝗲𝗱 𝗘𝗴𝗴𝘀, 𝗮𝗻𝗱 𝗦𝘁𝗲𝗿𝗹𝗶𝗻𝗴: 𝗧𝗵𝗲 𝟮𝟬𝟮𝟲 𝗪𝗼𝗿𝗹𝗱 𝗖𝘂𝗽 𝗙𝗹𝗶𝗽 𝗶𝗻 𝗕𝗮𝗻𝗴𝗸𝗼𝗸’𝘀 𝗦𝗽𝗼𝗿𝘁𝘀 𝗕𝗮𝗿𝘀

⚽ With the FIFA World Cup 2026 kicking off this Thursday, June 11, across North America, Bangkok’s legendary sports bars, like The Game under the BTS Nana platform, are bracing for the absolute brunt of it—in the best, most exhausting way possible.

Because the tournament is hosted in the US, Canada, and Mexico, football fans in Thailand are facing a brutal time-zone reality, with kickoff times landing anywhere from midnight to a staggering 11:00 AM Indochina Time.

For the city's nightlife sector, this impending month of madness has completely flipped the script on traditional business models before the first whistle has even blown.

Iconic institutions like 𝗧𝗵𝗲 𝗦𝗽𝗼𝗿𝘁𝘀𝗺𝗮𝗻 @thesportsmanbkk on Sukhumvit 13 and The Game @TheGame_BKK right under the BTS station in Bangkok’s buzzing Nana area are effectively shifting into a 24-hour cycle, trading their usual evening rushes for raucous sunrise watch parties.

These dedicated sports hubs are set to become absolute sanctuaries for expats and locals alike, especially given how notoriously complicated securing reliable local television broadcast rights can be.

Come Friday morning, instead of packed evening crowds nursing late-night shots, bar owners are anticipating massive spikes in morning food orders, creating a surreal scene where fans will be screaming at high-definition screens over early-morning fry-ups, hot coffee, and breakfast beers at 8:00 AM.

Traditional evening revenue is about to transform into an all-night marathon, proving that while Bangkok’s sports bars might not be getting any sleep for the next month, the city's football culture is fully awake.