Old news and the SP is up over 25% since the announcement of his departure. Clearly someone is buying.
12 Aug '14
RE: FD sells out
Oh, and while I remember, Sam Robson's article on Motley Fool last month on Telecom Plus gave an interesting insight into shares that can combine capital growth and pay dividends. I topped up my holdings at £13 odd, using up this years ISA allowance, and I do believe my dear wife is spending her allowance in the same way. Of course, we've already been enjoying the 10% discount off our annual utility spend (via cash/vouchers or whatever) given under the Shareholders Discount Plan.
12 Aug '14
RE: FD sells out
Strong Sell? Your humble opinion is just that, and imho not worth a light. Maybe you should acquaint yourself with facts to help form your opinion. The FD is moving. But as the old saying goes, everyone has their price. He no doubt has his own reasons for "leaving his high paid role". Maybe you should ask him. Maybe he isn't the first person to sell shares at a price, knowing they would go higher. Maybe he wanted to cash in his profits and buy something nice, or pay off his mortgage, or any of a hundred reasons that people do the same thing. CEO Andrew Lindsay sold shares at £18+ when his options matured. So what? Profits in shares aren't worth much on paper, only when realised into cash. Executive Chairman, Hon Charles Wigoder, not known for short termism, hasn't been selling, and I'd suggest he has more to lose than either the FD or you, money spider, in the event of there being "something wrong .. and objects hitting the fan". Interestingly, as investors pulled out of the FTSE 250 in favour of the FTSE100, no doubt hitting the share price, earlier this year, Standard Life, who have held shares for a very long time, haven't sold. From memory, they bought in at a couple of quid years back.
12 Aug '14
FD sells out
The FD has exercised his options and sold at a price of 1400. Surely this sends a message? Why is he leaving his high paid role? Why would he not leave his shares in the company if he thought that they would go up? Or at least leave some of them - he has sold his entire holding. IMHO - there is something wrong and he is leaving before the @@@@ hits the fan.
20 Jul '14
RE: RE: Rip Off
Don't agree with that Rip Off comment for a number of reasons: A) 121 quid - are you kidding - I saved nearly a grand when i switched deals! 100 quid is chump change B) They promise to be cheaper than the big six and stick to it - not the cheapest to the penny C) Having all the bills in one place and knowing they are all reasonably fair is a benefit to those who dont want to spend their lives scratching for the best deal all the time - life is too short - something the most expensive deals exploit! D) The grocery shopping mkt is restructuring and the 5% discount card goes down well with customers The offering is good as long as they maintain it - negatives are quite different I would have thought CFO leaving - sector is toppy - bkr trgt of 2000 is obviously punchy - 1500-1600 more realistic - DOW at top - geoploiticals - Water & Tobacco are defensives - Fixed Line Telecoms aren't etc etc Hard to call this one - will the business model hold in the long term - and what will the mkt/sector do short/medium term are the main considerations for me - I wouldnt be surprised at a 4th qtr bounce up to 1500 - but after that heaven knows ATB LM
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