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Charlie - my dear lad... I didn't come on here very often because I was too busy elsewhere.... in case you missed it, most shares have been down over the last few weeks because of a thing called Brexit... luckily my dividends over the last year amount to over £20k.... but I can't get them because SVS went into liquidation.... I am confident that the Conservatives will win... and I echo the sentiment on here that RMG needs entirely broken up and mass redundancies should be made as quickly as possible. Rico is too polite and non-confrontational... even Margaret Thatcher didn't really take on Unions properly...
Nuri, ur a jinx on this share. Everytime u come on, it crashes. Another 30k down the plughole this week. I'll bring u back a bottle of Rioja from Spain.
Bluelight - a few bad days set within the context of an upcoming General Election, ongoing Trade War and Brexit... and trade union militant's is going to impact the share price short term. However, I do believe that the Conservatives will win the election outright and shares across the board will re-rate... no point selling now...
I'm seriously questioning even carrying on holding shares. There's so little value to be had investing with how the market has developed over recent years. In many ways I'm much happier with the cash in the bank
Bluelight - the market is more than broken - its like a body eating its internal organs because it didn't quite like the look of them... economic vandalism wrote large!
From now on I'm never holding any share prior to results day. This market is broken. At best you hit targets and share price maybe goes up 1%. At worst the market dislikes something and the share drops 10, 20, 30%. Its ridiculous.
Well my shares are down £30k in value in one week! Not that I am bothered.... share prices up one week, down the next, up the next....
£15 million pounds of shares bought and £10 million pounds of shares sold... and its DOWN? Parallel universe today! A company that states clearly it will meet guidance... has 5% increase in sales and 14% increase in parcels.... all POSITIVE... and it reached lows of £1.90 (-17%). I really think some investors brains have been transplanted!
Well it's been a tough day with no decent bounce back let's just hope they can come to some agreement that is good for both sides. I'm confident the SP will recover next week we were as low as 1.80's months ago.
Musings...
By any consideration it looks like there may well be meaningful, constructive talks culminating in mutually beneficial and binding commitments. I do now believe that the chance of a strike has, as of this present moment, been even more greatly diminished...but at what cost? Any agreement with the CWU covering the whole of their grievances is going to involve a whole lot more money -- a massive amount of money in fact!!