SG/Total OilVery interesting post from Jannek tonite on Avanza. I was a client of SG for a few years. Possible? IMO yes. French banks always serve their national interests first. GLA Griz. Have a little hard to let today's säljrek, not because it is at odds with my own analysis of recent weeks also has received support from an otherwise completely agree Analysts, but because it smells Total long way. Overall, the supermajor as I always had in mind when these have been brought up in connection with the AOI. Maybe it should also be obvious to think BP in that it is Kenya, Tullow is with etc. but somewhere I have a feeling that Total enough keen to break in and take a seat in East Africa. Besides France generally very good at protecting national interests in its foreign policy and trade, and perhaps especially so in Africa, there is also a history between Societe Generale and Total. Do not know how many people remember the worst trades that ravaged the Societe General and lost more than 5 billion euros on a few days of trading? It was hardly so that he did it alone, but the management of the bank was eager to make it appear like it. Anyway. The manager then and there was Daniel Bouton and he had to go in the wake of the scandal. He had been sitting there since 1997, that is. as long as he had been in the Executive Council at Total. In total, he served until 2012 when he decided to devote himself entirely to his own discreet consulting firm. Bouton is probably not the only one who sat on the double chairs between them these companies, whose headquarters is not more than a stone's throw from each other, and the close connection is the fact. The question is whether it affects our situation and Isa, how? Suppose now that you actually have an interest in keeping down the valuation of the company for a possible takeover, when it would be so, do it? It's been announced for a while now that the AOI will need to review funding for Q2 2014 onwards. If the total had a long-term intention to buy parts of the company, would one wish to the financing represented a large or small dilution. Whatever would someone might say, not if you buy the whole anyway. Possibly it is so. But if you would like to affect it, I would in this case believing that they wanted to keep dilution to a minimum of simply not having to bail out another major investors. So with a long term investment plan would either not want to affect the company's valuation at all, or possibly pull it up to reduce the influence of another investor actor. So on the assumption that Total and SG together, the interest of keeping the valuation down then it should surely can not be because of a long-term investment plan, but rather a short term. Is it even so that Total is ready to enter the capital before the end of the year I am thinking. Is it Total as KH commanded to dance for $ 700 million? Speculative, absolutely. Food for thought, perhaps. We have an analyst who says sell with a price target that is more or less where price traded today. We have an otherwise unanimous Analysts who say buy with price targets between 50 and 90% above today. Then we have some of the world economy real heavyweights lurking in the wings, waiting to enter the scene. I do not know what to believe - but it's something rotten in Paris - and I intend to call it. Jannek