Share-o-matic - Assessment OBX 25 (Oslo Børs index)

Assessment - Oslo Børs index - 1/07/24 - RS = 8

		instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	6/05/24	prc diff	⇓ Δ8	⇓∅-RS
		OBX Price	614.590	12/08	1.02	614.480	0.02	610.400	4.080	0.67	5.03
	S	Aker BP	259.200	12/08	2.05	275.400	-5.88	271.700	3.700	1.36	-9.26
	L	Borr Drilling	67.800	12/08	2.88	67.850	-0.07	60.950	6.900	11.32	-5.82
	S	DNB	214.700	12/08	0.14	212.200	1.18	202.200	10.000	4.95	-0.15
		Equinor	304.000	12/08	3.19	305.500	-0.49	305.500	0.000	0.00	-8.23
		Frontline	255.700	12/08	2.44	262.500	-2.59	269.500	-7.000	-2.60	19.82
	L	Gjensidige	182.700	12/08	0.38	192.800	-5.24	181.900	10.900	5.99	11.80
		Golden Ocean Group	127.200	12/08	0.83	149.300	-14.80	155.000	-5.700	-3.68	37.38
		Hafnia	82.150	12/08	0.67	87.000	-5.57	85.700	1.300	1.52	17.21
		Höegh Autoliners	119.300	12/08	2.49	121.400	-1.73	111.700	9.700	8.68	30.10
	L	Kongsberg Gruppen	1,074.000	12/08	0.94	901.500	19.13	821.500	80.000	9.74	61.45
		Mowi	184.300	12/08		178.050	3.51	191.900	-13.850	-7.22	0.75
	L	Nel	5.518	12/08	-1.99	6.090	-9.39	5.400	0.690	12.78	-15.94
	L	Nordic Semiconductor	137.050	12/08	-0.25	141.250	-2.97	126.650	14.600	11.53	31.19
		Norsk Hydro	57.400	12/08	0.95	66.800	-14.07	70.060	-3.260	-4.65	0.41
		Norwegian	10.350	12/08	1.37	12.650	-18.18	15.140	-2.490	-16.45	21.78
	L	Orkla	89.950	12/08	-0.06	85.400	5.33	80.450	4.950	6.15	12.42
		Petroleum Geo-Srvcs	9.022	22/07	0.02	9.022		8.074	0.948	11.74	7.29
		SalMar	628.000	12/08	0.32	554.000	13.36	661.500	-107.500	-16.25	7.83
	L	Storebrand	106.000	12/08	0.38	109.200	-2.93	108.500	0.700	0.65	17.83
		Subsea 7	191.900	12/08	0.79	201.600	-4.81	180.900	20.700	11.44	25.79
		Telenor	127.300	12/08	0.55	122.600	3.83	131.200	-8.600	-6.55	5.02
		TGS-NOPEC	123.300	12/08	0.65	129.600	-4.86	120.600	9.000	7.46	-4.77
		Tomra Systems	158.200	12/08	0.13	131.600	20.21	139.100	-7.500	-5.39	4.08
		Vår Energi	35.060	12/08	1.89	38.130	-8.05	36.350	1.780	4.90	3.99
		instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	6/05/24	prc diff	⇓ Δ8	⇓∅-RS
		Yara International	298.300	12/08	-0.50	307.100	-2.87	319.100	-12.000	-3.76	-16.76
OBX 25 - 25 out of 24 instruments rated - 1/07/24 / 6/05/24 - 15 did rise, Market-Ratio(8) = 60.00 %
Stock Exchange Currency: NOK kr Norwegian krone

Technical Chart

	OBX 25 RS = 8 - B/S = 35/35

6/01/20	scale up chart	1/07/24

Transactions Oslo Børs index * S8 - 35 ex 2 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
2/01/06		12/06/06	161		- cash -
short	12/06/06	3/07/06	21		Yara International	100	125	79.500	84.500	74.500	-5.000	-6	9,375	-68
	3/07/06	10/07/06	7		Nordic Semiconductor	100	1,041	9.000	8.800	9.205	0.204	2	9,588	223
10/07/06		23/07/07	378		- cash -
	23/07/07	30/07/07	7		Nordic Semiconductor	100	1,229	7.800	7.600	8.005	0.205	3	9,840	288
30/07/07		6/08/07	7		- cash -
	6/08/07	17/09/07	42		Nordic Semiconductor	100	1,329	7.400	6.800	8.053	0.653	9	10,708	109
17/09/07		19/11/07	63		- cash -
	19/11/07	26/11/07	7		Mowi	100	346	30.900	34.700	27.100	-3.800	-12	9,393	-100
26/11/07		3/12/07	7		- cash -
	3/12/07	24/12/07	21		Nordic Semiconductor	100	2,348	4.000	4.600	3.400	-0.600	-15	7,984	-94
24/12/07		31/12/07	7		- cash -
	31/12/07	25/02/08	56		Mowi	100	233	34.200	31.300	37.369	3.169	9	8,723	78
	25/02/08	10/03/08	14		Storebrand	100	214	40.700	36.100	45.886	5.186	13	9,832	2,180
10/03/08		23/06/08	105		- cash -
	23/06/08	13/10/08	112		Norwegian	100	1	6,375.000	2,700.000	15,052.083	8,677.083	136	18,510	1,544
	13/10/08	15/12/08	63		Petroleum Geo-Srvcs	100	522	35.400	25.300	49.532	14.132	40	25,886	600
15/12/08		22/12/08	7		- cash -
	22/12/08	29/12/08	7		Golden Ocean Group	100	257	100.606	95.311	106.196	5.590	6	27,323	1,577
29/12/08		23/02/09	56		- cash -
	23/02/09	9/03/09	14		Golden Ocean Group	100	298	91.397	62.850	132.910	41.514	45	39,694	> 999,999
9/03/09		24/05/10	441		- cash -
	24/05/10	12/07/10	49		Nel	100	826	48.049	51.731	44.367	-3.682	-8	36,653	-45
	12/07/10	19/07/10	7		TGS-NOPEC	100	488	75.100	77.950	72.250	-2.850	-4	35,262	-87
19/07/10		16/08/10	28		- cash -
	16/08/10	23/08/10	7		Norsk Hydro	100	1,136	31.030	31.090	30.970	-0.060	0	35,194	-10
23/08/10		16/05/11	266		- cash -
	16/05/11	10/10/11	147		Frontline	100	62	565.000	146.050	2,185.724	1,620.724	287	135,679	2,777
10/10/11		26/12/11	77		- cash -
	26/12/11	2/01/12	7		Frontline	100	1,064	127.400	129.250	125.550	-1.850	-1	133,710	-53
2/01/12		16/04/12	105		- cash -
	16/04/12	30/04/12	14		Nel	100	14,944	8.947	6.345	12.616	3.669	41	188,537	777,634
30/04/12		14/05/12	14		- cash -
	14/05/12	2/07/12	49		Nel	100	24,657	7.646	6.983	8.372	0.726	9	206,430	96
2/07/12		26/11/12	147		- cash -
	26/11/12	10/12/12	14		Nel	100	63,113	3.271	3.185	3.359	0.088	3	212,003	100
10/12/12		24/06/13	196		- cash -
	24/06/13	1/07/13	7		Nel	100	110,729	1.915	2.025	1.804	-0.110	-6	199,779	-95
1/07/13		15/07/13	14		- cash -
	15/07/13	22/07/13	7		Nel	100	96,033	2.080	2.160	2.001	-0.080	-4	192,115	-87
22/07/13		29/07/13	7		- cash -
	29/07/13	5/08/13	7		Nel	100	161,373	1.191	1.356	1.025	-0.166	-14	165,376	-100
5/08/13		17/03/14	224		- cash -
	17/03/14	24/03/14	7		Aker BP	100	2,583	64.000	60.300	67.927	3.927	6	175,519	2,131
24/03/14		18/08/14	147		- cash -
	18/08/14	25/08/14	7		Petroleum Geo-Srvcs	100	3,496	50.200	48.080	52.414	2.214	4	183,258	849
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
25/08/14		13/10/14	49		- cash -
	13/10/14	20/10/14	7		Frontline	100	3,983	46.000	54.250	37.750	-8.250	-18	150,398	-100
	20/10/14	10/11/14	21		Petroleum Geo-Srvcs	100	4,142	36.310	41.110	31.510	-4.800	-13	130,516	-91
10/11/14		15/06/15	217		- cash -
	15/06/15	22/06/15	7		Golden Ocean Group	100	998	130.718	137.210	124.226	-6.492	-5	124,037	-93
22/06/15		29/06/15	7		- cash -
	29/06/15	13/07/15	14		Norsk Hydro	100	3,648	34.000	32.560	35.504	1.504	4	129,523	209
13/07/15		24/08/15	42		- cash -
	24/08/15	14/09/15	21		Norsk Hydro	100	5,087	25.460	29.030	21.890	-3.570	-14	111,362	-93
	14/09/15	21/09/15	7		Golden Ocean Group	100	1,047	106.361	116.491	96.231	-10.130	-10	100,756	-99
	21/09/15	5/10/15	14		Norsk Hydro	100	3,569	28.230	29.900	26.560	-1.670	-6	94,796	-80
	5/10/15	12/10/15	7		Golden Ocean Group	100	927	102.217	103.138	101.296	-0.921	-1	93,942	-38
12/10/15		11/01/16	91		- cash -
	11/01/16	7/03/16	56		Golden Ocean Group	100	3,517	26.705	31.050	22.361	-4.345	-16	78,662	-69
7/03/16		27/06/16	112		- cash -
	27/06/16	4/07/16	7		Golden Ocean Group	100	2,760	28.500	30.250	26.750	-1.750	-6	73,832	-96
4/07/16		27/03/17	266		- cash -
	27/03/17	3/04/17	7		SalMar	100	382	192.800	183.700	202.351	9.551	5	77,481	1,144
3/04/17		5/06/17	63		- cash -
	5/06/17	12/06/17	7		Frontline	100	1,619	47.850	47.250	48.458	0.608	1	78,464	93
	12/06/17	19/06/17	7		Nel	100	46,942	1.672	2.239	1.104	-0.567	-34	51,843	-100
19/06/17		5/03/18	259		- cash -
	5/03/18	2/04/18	28		Frontline	100	1,665	31.120	35.700	26.540	-4.580	-15	44,218	-87
2/04/18		16/07/18	105		- cash -
	16/07/18	23/07/18	7		Orkla	100	670	65.980	68.220	63.740	-2.240	-3	42,717	-83
23/07/18		6/08/18	14		- cash -
	6/08/18	13/08/18	7		Norsk Hydro	100	929	45.980	46.880	45.080	-0.900	-2	41,881	-64
13/08/18		22/10/18	70		- cash -
	22/10/18	19/11/18	28		Nordic Semiconductor	100	1,133	36.950	37.250	36.650	-0.300	-1	41,541	-10
	19/11/18	3/12/18	14		Petroleum Geo-Srvcs	100	2,088	19.890	19.495	20.293	0.403	2	42,382	69
3/12/18		10/12/18	7		- cash -
	10/12/18	17/12/18	7		Petroleum Geo-Srvcs	100	2,645	16.020	12.990	19.757	3.737	23	52,266	> 999,999
17/12/18		24/12/18	7		- cash -
	24/12/18	21/01/19	28		Petroleum Geo-Srvcs	100	4,497	11.620	18.770	4.470	-7.150	-62	20,113	-100
21/01/19		28/01/19	7		- cash -
	28/01/19	4/02/19	7		Petroleum Geo-Srvcs	100	1,244	16.160	20.900	11.420	-4.740	-29	14,216	-100
4/02/19		10/06/19	126		- cash -
	10/06/19	24/06/19	14		Norwegian	100	4	3,200.000	3,584.000	2,816.000	-384.000	-12	12,680	-96
24/06/19		5/08/19	42		- cash -
	5/08/19	12/08/19	7		Norwegian	100	3	4,138.000	4,138.000	4,138.000	0.000	0	12,680	0
12/08/19		19/08/19	7		- cash -
	19/08/19	2/09/19	14		Borr Drilling	100	130	97.160	93.986	100.441	3.281	3	13,107	138
2/09/19		3/02/20	154		- cash -
	3/02/20	10/02/20	7		Borr Drilling	100	144	90.997	74.971	110.449	19.452	21	15,908	> 999,999
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
10/02/20		2/03/20	21		- cash -
	2/03/20	4/05/20	63		Borr Drilling	100	476	33.408	15.267	73.105	39.697	119	34,804	9,241
4/05/20		3/08/20	91		- cash -
	3/08/20	10/08/20	7		Norwegian	100	163	213.000	134.700	336.815	123.815	58	54,985	> 999,999
10/08/20		14/09/20	35		- cash -
	14/09/20	5/10/20	21		Norwegian	100	525	104.700	98.900	110.840	6.140	6	58,209	169
5/10/20		19/10/20	14		- cash -
	19/10/20	9/11/20	21		Norwegian	100	852	68.320	55.880	83.529	15.209	22	71,167	3,190
9/11/20		19/07/21	252		- cash -
	19/07/21	26/07/21	7		Norwegian	100	7,064	10.074	10.402	9.746	-0.328	-3	68,850	-82
26/07/21		9/08/21	14		- cash -
	9/08/21	16/08/21	7		Norwegian	100	6,222	11.064	10.358	11.818	0.754	7	73,542	3,013
16/08/21		20/09/21	35		- cash -
	20/09/21	27/09/21	7		Norwegian	100	8,357	8.800	10.300	7.300	-1.500	-17	61,007	-100
27/09/21		13/12/21	77		- cash -
	13/12/21	27/12/21	14		Norwegian	100	6,318	9.656	10.512	8.800	-0.856	-9	55,599	-91
27/12/21		13/06/22	168		- cash -
	13/06/22	20/06/22	7		Nordic Semiconductor	100	355	156.250	148.800	164.073	7.823	5	58,376	1,177
20/06/22		18/07/22	28		- cash -
	18/07/22	8/08/22	21		Nordic Semiconductor	100	384	151.850	171.500	132.200	-19.650	-13	50,830	-91
8/08/22		26/09/22	49		- cash -
	26/09/22	3/10/22	7		Norwegian	100	7,470	6.804	6.800	6.808	0.004	0	50,860	3
	3/10/22	10/10/22	7		SalMar	100	126	402.400	331.000	489.202	86.802	22	61,797	> 999,999
10/10/22		17/10/22	7		- cash -
	17/10/22	31/10/22	14		SalMar	100	185	333.600	352.200	315.000	-18.600	-6	58,356	-78
31/10/22		10/04/23	161		- cash -
	10/04/23	1/05/23	21		Vår Energi	100	2,206	26.450	27.900	25.000	-1.450	-5	55,158	-62
	1/05/23	8/05/23	7		Nordic Semiconductor	100	479	115.150	110.100	120.432	5.282	5	57,687	936
8/05/23		12/06/23	35		- cash -
	12/06/23	19/06/23	7		Petroleum Geo-Srvcs	100	9,861	5.850	5.540	6.177	0.327	6	60,915	1,609
19/06/23		26/06/23	7		- cash -
	26/06/23	3/07/23	7		Petroleum Geo-Srvcs	100	11,930	5.106	6.388	3.824	-1.282	-25	45,621	-100
3/07/23		17/07/23	14		- cash -
	17/07/23	24/07/23	7		Petroleum Geo-Srvcs	100	8,000	5.702	7.170	4.234	-1.468	-26	33,877	-100
	24/07/23	31/07/23	7		Golden Ocean Group	100	467	72.500	79.320	65.680	-6.820	-9	30,692	-99
31/07/23		11/12/23	133		- cash -
	11/12/23	18/12/23	7		Nel	100	4,121	7.446	7.446	7.446	0.000	0	30,692	0
18/12/23		12/02/24	56		- cash -
	12/02/24	19/02/24	7		Nel	100	6,154	4.987	4.805	5.176	0.189	4	31,854	595
19/02/24		3/12/24	288		- cash -
accum	12/06/06	19/02/24	1323	days out of 6910 invested (19%)							219		31,854	38

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Norwegian	short	23/06/08	13/10/08	112	6,375.00	2,700.00	15,052.08	8,677.08	136.11
		10/06/19	24/06/19	14	3,200.00	3,584.00	2,816.00	-384.00	-12.00
		5/08/19	12/08/19	7	4,138.00	4,138.00	4,138.00	0.00	0.00
		3/08/20	10/08/20	7	213.00	134.70	336.82	123.82	58.13
		14/09/20	5/10/20	21	104.70	98.90	110.84	6.14	5.86
		19/10/20	9/11/20	21	68.32	55.88	83.53	15.21	22.26
		19/07/21	26/07/21	7	10.07	10.40	9.75	-0.33	-3.26
		9/08/21	16/08/21	7	11.06	10.36	11.82	0.75	6.82
		20/09/21	27/09/21	7	8.80	10.30	7.30	-1.50	-17.05
		13/12/21	27/12/21	14	9.66	10.51	8.80	-0.86	-8.86
		26/09/22	3/10/22	7	6.80	6.80	6.81	0.00	0.06	232.42
Borr Drilling		19/08/19	2/09/19	14	97.16	93.99	100.44	3.28	3.38
		3/02/20	10/02/20	7	91.00	74.97	110.45	19.45	21.38
		2/03/20	4/05/20	63	33.41	15.27	73.10	39.70	118.83	174.57
Frontline		16/05/11	10/10/11	147	565.00	146.05	2,185.72	1,620.72	286.85
		26/12/11	2/01/12	7	127.40	129.25	125.55	-1.85	-1.45
		13/10/14	20/10/14	7	46.00	54.25	37.75	-8.25	-17.93
		5/06/17	12/06/17	7	47.85	47.25	48.46	0.61	1.27
		5/03/18	2/04/18	28	31.12	35.70	26.54	-4.58	-14.72	170.21
SalMar		27/03/17	3/04/17	7	192.80	183.70	202.35	9.55	4.95
		3/10/22	10/10/22	7	402.40	331.00	489.20	86.80	21.57
		17/10/22	31/10/22	14	333.60	352.20	315.00	-18.60	-5.58	20.48
Storebrand		25/02/08	10/03/08	14	40.70	36.10	45.89	5.19	12.74	12.74
Aker BP		17/03/14	24/03/14	7	64.00	60.30	67.93	3.93	6.14	6.14
Orkla		16/07/18	23/07/18	7	65.98	68.22	63.74	-2.24	-3.39	-3.39
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
TGS-NOPEC		12/07/10	19/07/10	7	75.10	77.95	72.25	-2.85	-3.79	-3.79
Mowi		19/11/07	26/11/07	7	30.90	34.70	27.10	-3.80	-12.30
		31/12/07	25/02/08	56	34.20	31.30	37.37	3.17	9.27	-4.17
Vår Energi		10/04/23	1/05/23	21	26.45	27.90	25.00	-1.45	-5.48	-5.48
Yara International		12/06/06	3/07/06	21	79.50	84.50	74.50	-5.00	-6.29	-6.29
Golden Ocean Group		22/12/08	29/12/08	7	100.61	95.31	106.20	5.59	5.56
		23/02/09	9/03/09	14	91.40	62.85	132.91	41.51	45.42
		15/06/15	22/06/15	7	130.72	137.21	124.23	-6.49	-4.97
		14/09/15	21/09/15	7	106.36	116.49	96.23	-10.13	-9.52
		5/10/15	12/10/15	7	102.22	103.14	101.30	-0.92	-0.90
		11/01/16	7/03/16	56	26.71	31.05	22.36	-4.34	-16.27
		27/06/16	4/07/16	7	28.50	30.25	26.75	-1.75	-6.14
		24/07/23	31/07/23	7	72.50	79.32	65.68	-6.82	-9.41	-6.88
Nordic Semiconductor		3/07/06	10/07/06	7	9.00	8.80	9.20	0.20	2.27
		23/07/07	30/07/07	7	7.80	7.60	8.01	0.21	2.63
		6/08/07	17/09/07	42	7.40	6.80	8.05	0.65	8.82
		3/12/07	24/12/07	21	4.00	4.60	3.40	-0.60	-15.00
		22/10/18	19/11/18	28	36.95	37.25	36.65	-0.30	-0.81
		13/06/22	20/06/22	7	156.25	148.80	164.07	7.82	5.01
		18/07/22	8/08/22	21	151.85	171.50	132.20	-19.65	-12.94
		1/05/23	8/05/23	7	115.15	110.10	120.43	5.28	4.59	-7.92
Norsk Hydro		16/08/10	23/08/10	7	31.03	31.09	30.97	-0.06	-0.19
		29/06/15	13/07/15	14	34.00	32.56	35.50	1.50	4.42
		24/08/15	14/09/15	21	25.46	29.03	21.89	-3.57	-14.02
		21/09/15	5/10/15	14	28.23	29.90	26.56	-1.67	-5.92
		6/08/18	13/08/18	7	45.98	46.88	45.08	-0.90	-1.96	-17.34
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Nel		24/05/10	12/07/10	49	48.05	51.73	44.37	-3.68	-7.66
		16/04/12	30/04/12	14	8.95	6.35	12.62	3.67	41.01
		14/05/12	2/07/12	49	7.65	6.98	8.37	0.73	9.49
		26/11/12	10/12/12	14	3.27	3.18	3.36	0.09	2.70
		24/06/13	1/07/13	7	1.91	2.03	1.80	-0.11	-5.77
		15/07/13	22/07/13	7	2.08	2.16	2.00	-0.08	-3.84
		29/07/13	5/08/13	7	1.19	1.36	1.02	-0.17	-13.92
		12/06/17	19/06/17	7	1.67	2.24	1.10	-0.57	-33.93
		11/12/23	18/12/23	7	7.45	7.45	7.45	0.00	0.00
		12/02/24	19/02/24	7	4.99	4.81	5.18	0.19	3.79	-21.68
Petroleum Geo-Srvcs		13/10/08	15/12/08	63	35.40	25.30	49.53	14.13	39.92
		18/08/14	25/08/14	7	50.20	48.08	52.41	2.21	4.41
		20/10/14	10/11/14	21	36.31	41.11	31.51	-4.80	-13.22
		19/11/18	3/12/18	14	19.89	19.50	20.29	0.40	2.03
		10/12/18	17/12/18	7	16.02	12.99	19.76	3.74	23.33
		24/12/18	21/01/19	28	11.62	18.77	4.47	-7.15	-61.53
		28/01/19	4/02/19	7	16.16	20.90	11.42	-4.74	-29.33
		12/06/23	19/06/23	7	5.85	5.54	6.18	0.33	5.59
		26/06/23	3/07/23	7	5.11	6.39	3.82	-1.28	-25.11
		17/07/23	24/07/23	7	5.70	7.17	4.23	-1.47	-25.75	-74.54

Annotations

13/08/24	Petroleum Geo-Srvcs	merger with TGS
22/02/24	OBX 25	Component update: Borr Drilling, Gjensidige Forsikring, Hafnia, Höegh Autoliners and TGS replace AutoStore, Kahoot!, MPC Container Ships, REC Silicon and Schibsted
27/05/22	Tomra Systems	stock split 1:2 (two for one)
7/01/19	Marine Harvest	renames Mowi
16/05/18	Statoil	is now called Equinor
15/11/17	OBX 25	we replace Frontline and Seadrill by Golden Ocean and Nordic Nanovector
28/03/17	OBX 25	machine learning processed for all techniques
16/12/16	OBX 25	Grieg Seafood replaces Schibsted B
3/10/16	Det Norske	merger with BP Norge establishing Aker BP
17/06/16	OBX 25	in: Aker Solutions, Lerøy Seafood and SalMar, out: Avance Gas and Nordic Semiconductor
6/04/16	OBX 25	Royal Caribbean dropped out (instrument deletion)
2/02/16	Frontline	reverse stock split 5:1 (one for five - 1 4 5)
1/09/15	OBX 25	complete analysis
19/06/15	OBX 25	Frontline and Nordic Semiconductor replace Akastor and Golden Ocean
1/04/15	Golden Ocean	Reverse Merger with Knightsbridge Shipping Limited
19/12/14	OBX 25	Det Norske Oljeselskap replaces REC Solar


	is taking down something concerning