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Aberdeen, Aspc Stats


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HOLA441
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HOLA444

It's worth noting that the drop in average price for Feb 2016 from RoS is the first time there has been a drop in monthly average price between a January to February since....

Yup you guessed it Jan / Feb 2009.

Should we be expecting this "spring bounce" then?

It's more likely to expect taxpayers cash to be sunk into the city, Valencia style.

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Apologies of being offtopic but that is very interesting concept. If one has electric car, charges it from from free public charging point an then uses it to power their house, would that be stealing? Might look like nonsense now but I am sure will become and issue as battery capacities increase.

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HOLA4411

The guy who had his Evokue stolen has spent £6,000 making it look bling and £47,000 on buying it.

Are we the only ones who think that this type of gratuitous spending is unjustified.

Also, he wakes up in the morning and checks his CCTV!

I don't always lock my door when I'm at home or when I go to sleep. And this guy has CCTV set-up to look out for burglars (it didn't help this time).

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Not a bad flat, nice area, good condition. shame about the price. £120k is a bit more expensive than it's "worth" and if you look for flats at the same size in Aberdeen for a similar price, there is no shortage of choice.

But the first flat shows the second flats for sale sign hanging off the window. Sellers not caring?

Anyway, what will happen first:

The sign drops or the price drops?

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Flat near me that has a 'To Let' board in its window for ages at something in the region of £575 per month.

Now up for sale at £92,000 and I still reckon it's a rip-off.

https://www.aspc.co.uk/search/property/340282/26-Hill-Street/Aberdeen/

That kitchen/sitting area doesn't look all that attractive. It looks like a dingy wee sofa and a microwave where the TV should be.

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It looks like Liberace's North Silver Street abode didn't sell at the 30th March auction and is up for sale again on 18th May:

"£349,000 Guide price*

5 bed terraced house for sale

North Silver Street, Aberdeen AB10

By public auction: On Wednesday 18th May, 2.00pm at 200 St Vincent Street, Glasgow"

http://www.auctionhouse.uk.net/scotland/auction/lots/5863

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Marathon Oil is reportedly going to shut down the Brae oil field.

https://www.energyvoice.com/oilandgas/north-sea/105808/marathon-oil-submits-plans-shutdown-brae-field/

Not much of a surprise is it? They are bags of shite and dangerous.

The real problem for them is their slated DECOM budget. It's ridiculously small and out to lunch.

Shareholders are going to have to take a haircut probably.

There will a few more of these types of 'bigger' announcements soon folks.

Shell still to announce obviously.

Watch house prices tumble dudes.

EDIT: and in a no sh1t sherlock article here,...

http://uk.reuters.com/article/uk-total-oil-costs-idUKKCN0X21HD

Total says costs still unacceptably high in oil and gas

Costs are still unacceptably high and cost reduction was necessary to sustain businesses, Breuillac, President for Exploration & Production at the French oil and gas major, told an industry event in Pau, southwest France.

"We cannot control the oil price, so we have to excel in what we can control ... our capacity to deliver projects, operational excellence, new technology innovation and of course to lower opex and capex," he said.

Yeah so it boils down to more cuts, and Aberdeen is in no way poised to deliver with its huge local costs and overheads... so can you guess what's going to happen?

Edited by cashinmattress
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Shell has been talking about selling some assets for a while now, back when oil was $110+/bbl.

http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-26187875

Since then I think they have sold the Anasuria FPSO but don't think they've sold Nelson or Sean. I'm not sure if there are many buyers for old North Sea assets at the moment. I think if there were, Shell, along with a few of the other majors, would have already sold off some of their North Sea portfolios.

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HOLA4424

Shell has been talking about selling some assets for a while now, back when oil was $110+/bbl.

http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-26187875

Since then I think they have sold the Anasuria FPSO but don't think they've sold Nelson or Sean. I'm not sure if there are many buyers for old North Sea assets at the moment. I think if there were, Shell, along with a few of the other majors, would have already sold off some of their North Sea portfolios.

They also pulled out of the latest Norwegian round for bidding in the Northern (Arctic) region.

Kind of telling, seeing as they have invested heavily (£7bn) in that area before with Alaska, which they have cancelled.

But it's the 10,000 jobs they are cutting that's really the news... that and divesting out of the North Sea.

Edited by cashinmattress
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