Do not have problem selling there shares But shares going up in price as the get out Same thing happened when Wilbur L Ross got out Question I ask how is this,why do this not happen in other Companys These are the big boys and we look at these for guidanc But as always stand to be corrected G L A
Before getting carried away with the "manipulation" argument that follows Blackrock here check the numbers. Blaming them for the share price falls doesn't stack up. This month BR started reducing their holding on Oct 12th from 6.4% of shares to 5.7%. From that exact date to today the share price is up 15%ish. Not a bad return for the buyers of their shares.
@ nomad666 " In my view Brexit has not much to do with BOI sp"??? Bit of research advised nomad. Its not all the fault of Brexit admittedly. Mario has his share of the blame too but Brexit, via the collapse of sterling (for now) is a major reason we are sub 20. The share price continue to track the euro/stg changes and has a lot more effect on SP movement than BR. If the exchange rate stabilizes for now I do think there is potential to get us back above 20. Not that 20 is anything to shout about its better than where we are coming from I suppose.
has been caused by the Brexit vote and whilst there were quite a number of Numpty's voted for it I am beginning to suspect that the City are not quite as unhappy as they would have us believe. How many tax havens oporate in British jurisdictions, besides the home of Specsavers - Jersey.
Britain has a strong presence still in places like Hong Kong and Singapore not to mention oporations in the U S - the pound has been allowed to drift, mistakenly in my view, because it is felt that there is an advantage to be gained, when trade is difficult, from a devalued pound. If this were true, British companies as a whole would lift which it appears that they are doing today and last week.
Have another look in three months time, when the short term fix has worked through and been replaced with higher fuel and material costs together with higher import costs for products that people earning the same or little changed wages are expected to be able to pay. A not too warm winter will be the lot of many people next year.
What is needed is some old fashioned inflation - Oops did I really say that - how very 1970's
.. i have been a shareholder of bkir since 2011... and for a long time.. there was no mention of this pension issue.. and now it apparently has some surplus.. it all depends on what accounting principles you look at this matter, or what shade of eyeglasses you are looking at this problem.. it is not a major problem as some analysts have mentioned..
very similar to the positions taken on brexit. .. you have to weigh all opinions and decide for yourself..
In my view Brexit has not much to do with BOI sp. more so the news about the German cent bank, and never forget sp is low enough to manipulate if you have enough money to manipulate.. big boys r doing so, they are making money on 0.004 changes. And it is a pocket chance for them..
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