Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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.
If he is you might find this article interesting:
https://www.coindesk.com/controversial-oil-tycoon-moves-to-shake-up-argo-blockchain-board
From August last year. I see Mike Edwards is going, and Bixby still has already gone hasn't he?
Is Frank Timis still Argo's largest shareholder?
and Metro debt. I don't wan the equity. And lastly Co-op bank. I'm in th money on all the debt holding so far, with a decent yield.
Argo Blockchain - disaster waiting to happen.
Royal Mail - not a fan, I made money on the IPO.
Barclays - Banks shudder. I own HSBA, STAN, STAN equity and LLoyds - I only like Standard Chartered at the moment. I own Debt in Virgin, Clydesdale & Deutsche Bank.
I'll be buying asset backed stuff when the market finds it's feet, with income, then start adding the indexes. Single small companies will feel it most if we get economic pain. Property IT's are going to come out of this with higher yields, that might attract me. Otherwise I'll be just adding the world, FTSE 100 and FSTE 250 yield.
It's too difficult to call CV, the actual number of cases isn't that high, the anxiety about it is. That could mean we get a very sharp upward corrections. Picking that up via the ETF'sw might provide the hedge against single company exposure. I'd rather capture 10% from 100 companies than 1 when it's like this.
Can see no reason for the market to rise unless either there is a substantial stimulant given to the market by say the Treasury, but they do not have spare funds for this; or a cure for CV is found. Since that must be a few weeks off, I can only see further losses for the market next week as well. Really exceptional times.
Now the number crunchers are starting to really factor in the effect on the economy of the CV can see no need to hurry back into the market when it is dropping each day, and I suspect we could breach the 6000 level on the FTSE in due course which will be unbelievable.
So far this morning:
325,000 bought, 69,000 sold yet the price drops???
Why does the market price shares in this manner?
Devon, I am currently holding back from buying any stocks at the moment. Frankly we are spoilt for bargains, thankfully I missed being involved on NMC.
Barclays looks extremely cheapo now as does Royal Mail. Argo Blockchain interests me a lot as they are cash generative but are being valued as if they are loss making. SAGA, PFG, RBS MCRO etc etc - they are all so cheap now.
"If they have to cancel Stampex 2020 that would be negative for SG."
I think you have to consider the attendees in the context of it going ahead. If we do have a full blown pandemic, then there will be reduced visitors number to public events for sometime afterwards. 2021 would provide normality again. For younger people and families they'll back to normal quickest.
Are you considering topping up again?
I've made a few investments this week, but I'm shunning public markets for the time being. It's too early for bottom feeding yet.
Apparently the government is considering a two month ban on large public events. If they have to cancel Stampex 2020 that would be negative for SG. We’ll know shortly their decision.
Stampex is in early May so it probably will still go ahead but it’s clearly a close call
"I was going to wait and see if it breaks the 52 week low, which I think was 1.90."
I might have to start thinking about that sooner than Ithought. I was expecting Mid/End-March as we reach a potential zenith of infection. It may come sooner.
It the market, all my holding are down various amounts since Monday. But Gilts and Bonds are up.
Surely this is just getting ridiculous now? The light amount of trading here on these shares this morning was surely not enough to merit such a drop in the share price? There are afterall 427m shares around, of which roughly 70% are held by institutions, but the remaining 128m are out there to be bought and sold. This morning's turnover so far of 220,000 [even if one was to assume they are all sell trades] represents such a tiny amount of the stock I cannot believe it can affect the price so much.
The whole market is in free fall, guessing the bottom, could make you a mint, glad I hold US and GB Gilts and Bonds they have offset some of the drop.
I was going to wait and see if it breaks the 52 week low, which I think was 1.90.
I might be interested in a small punt around there. Holding for the moment.
the 67,800 buy was mine. I am happy to take another punt at 2.2p just in case the figures surprise to the upside.
"Back to 2.1p mid price, absolutely hopeless"
I did suggest taking some profit on the short rally....
It's one to put in the bottom draw and check once in a while. Turn-arounds take longer than you expect. Fallen Angels often end up in Hell. The best you can hope for is Purgatory in the shor term.
Back to 2.1p mid price, absolutely hopeless
When are some buyers going to emerge?