London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi guys
I’m knew to this and wanted to hear your thoughts on whether it would be wise to invest before 07-11 or wait till after?
Q3 trading update and capital markets day happening on 7/11 the latter usually involving an announcement or strategy update
I believe this may include an update on the FCA investigation of Moneybarn but I don’t know how anyone could know the outcome of that given as far as I know the information isn’t in the public domain
Hi ntnyshares
How do you know there will be bad news for moneybarn and higher costs for the group?
Is this genuine, is there any supporting evidence to this?
Thanks
Thanks ntnyshares I m glad you told me this just thought it was Woodford related, Cheers mate!!
Moneybarn news that won't be good and higher costs than anticipated
Whats happening on 7/11 please is it Brexit or Woodford related? Apologies if its a silly question!! Desperately trying to free up funds elsewhere, Good luck guys!!
Quite. He still has a lot of shares to shift but it’s positive that Woodford is down to 15%. We could do with some other ii’s picking up tranches of his holding
It’s probably a bit soon to breakout the champagne as a lot of shares were up today on some sort of Brexit euphoria that could easily shatter a bit like the on off trade deal between China and USA
If Woodford is forced to liquidate all his holding that’s going to give the market indigestion
I also remember the SP hitting 420 + then sliding so I’m reiterating my stance to hold on for 7/11 with fingers crossed
so do we think that's the reason the SP has risen sharply today now word has got out that he's had to reduce his holding? I hadn't particularly planned to, but I'm glad I bought a fistful at 385p a couple of weeks ago. It seemed like a good opportunity at the time.
good news! Barrie looks like our late buy the other daay was a good :)
Looks like he’s down to 15% now