The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
whilst all stocks can be bashed some more , there are some good yielding insurance companies coming into play. I have picked up more FP. today , also OML and LGEN . If they fall off some more , I will simply buy some more as the ftse 100 insures are , imo , at levels that will not be seen again until the next sell off , lol. There are many funds that are being forced to sell on margin calls and remember , only 1 in 10 UK shares issued are stated as being held in private hands , when the hedge funds are forced to sell , time to dig in and start to buy..
There doesn't seem to be many posings for FP. I have been watching this one for a while. I got in & Out, having made a small profit a while ago and have been watching them ever since. It seems to me that at the current SP they must be worth a further investment? Any views anyone?
I have been in and out of these for a while. Yes there has been some growth in the SP during August after hitting lows so some profit taking will maybe continue and indeed will fall when fianancials fall out of favour , but , imo , worth putting a few away on the lows http://www.ft.com/cms/s/0/69ac0300-79de-11dd-bb93-000077b07658.html
Hey these fellas had an offer at £1.50, big mistake not taking that! I was hoping for 1.75 but find it difficult for management to justify turning JC down considering the relentless fall that has followed! A really good warm feeling being a share-holder at the moment...I'm glowing!
... its not just an FP thing ,all insurance companies have taken a beating. It has been reported that they are finalise selling various stakes in the likes of F&C and Pantheon , etc , and ABN Amro is calling a potential tie up with Standard Life a logical move http://thescotsman.scotsman.com/business/Call-for-Standard-Life-to.4200103.jp
..have taken a beating over the last week or so- and so have my spread longs on it. Does anyone think that JC Flowers might be interested again, or any other parties?
... nice steady rise over the last week. Looks like some of the disposals are shaping up nicely behid the scenes.
You must be making some good profits! CFD's will help me increase the stakes as I have limited available funds at the moment. Stop losses help take the emotion out of trading and having a bit of patience sometimes helps I'v found as well
I normally put in £10k actual monies on a day play from the lows , ie. 85k plus shares and have a constant hedge from the highs that are also played out and re installed when it is good to do so. CFD trading , hedging , lack of emotion but confidence of swings is what , imo , is what trading is all about. FC said a very valid point over the last few days , trading ftse is trading , trading aim is a gamble.
Thats another attraction of CFD's- trading on margin........and no stamp duty. I Think most people who are serious about trading use them. I'm fairly new to the trading game but hope to improve and make a good bit of money out of it.
.... £1k will buy you c.8,500 shares under CFD (10% margin) at 115 and should give u c.£235+ profit if all is well , ie.3p gain to 118. Then chance a follow down to say 116 should net you another c.£150 , then leave in or not...either way , a £1k investment , imo , should net you a minimum of 25% per day.
...under cfd , they will not normally give credit , so just whack in a grand and , hopefully , enjoy.
Definitely bank the profits when you can, yeah. Making money in either direction is what I'm attracted to most about CFD's (hope they'll let me have an account!). The long term trend is surely upwards from here.
... like it or not , will eventually bounce ,imo. Intraday trade it , whatever , but take profit as and when you can , ride it up and down , 2 accounts is best , long and short , but be in , jimo. FP , like HBOS and others is where longing and shorting pays. Many say that 2 sides of the coin equal out , imo , these and other stocks on the ftse pay to be in both ways.
....for me the account to have mainstay , TD Waterhouse as a hedging account.
... as said , c.115 is the buy in and , imo , long term is another game play , jimo , be in at c115.
Its not majorly volatile but it has the advantage of being predictable. Think this will be the first trade i make when i get a CFD account.
... a certain day play , 110 is a certain no no , but if I had said 113 , it could be. I really enjoy FP.
I consider FP to be a safe bet, think its very unlikely they will fall below 110. Think you could almost make a living out of trading these, they seem to follow a pattern! Wish I'd not been greedy and sold at 118 this morning though.
... I like picking these up c.115 for a day play. Imo , if you want a mid term winner , FP has potential. In the interim , FP will give you 2.5% from 115 within a day or two and then fall back should dow / ftse sentiment persist , so another 2.5% if you are nimble. Regardless , FP SP will give you an instant 5% from the lows when the markets pick up and should not dive below 110 , imo. Lots of news comming out. Just remember I day play this stock , up and down but always re-invest profits on FP and consider FP to be a winner short term.
.... re my post wednedsay , looks like a few fund managers are thinking along the same lines http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4009939.ece
... to be perfectly frank , the likes of Standard Chartered and HSBC are not being slapped as much due to their global platform not effecting future earnings as much as other domestics. RBS has undergone huge change over the last year , will sought out the £12b issue and will raise this by a further , iro ,imo, an extra £8b with disposals to c.£20b in total. LTSB has lost out big time on opportunities , no thanks to the BOE not enabling them to have a pop at NRK , and , imo , whilst being steady , is not best placed for the rebound. I would say though that LTSB shares have a predictable habit of bouncing from the late 300's to mid 400's so is definately worth a punt for a c.10% gain from these lows , I will add that I do not like the Scottish Widows potential litigation. RBS , imo , lacks investor confidence as of HBOS and Barclays. However , imo, they all have little downside from here and if bought in from the lowest of intra day lows , great potential upside. The likes of BB and AL will not be allowed to go bust and at sub £1 for BB and sub £4 for AL should be , imo , a good chance of seeing a big rebound. LTSB and Barclays are feeling a bit left out and I think that , depending on disposals, RBS might well have another go and outperform. The Irish Banks are vulnerable , so , imo , a move in that direction is well possible too.
Yeah if the asset disposals go well there will definitely be good returns. It would also help them if the whole financial sector made a recovery as well. Personally, i think its ripe for some M&A activity particularly with the likes of BB and AL.
.... as the re-structure of FP takes place and the rewards to shareholders of such takes place , the SP will begin to set a pace. FP just want to return monies to shareholders and then stand alone, unlike many financials that want to just place shares and give zero cash. FP will return cash and remain confident that they can return more than flowers offered. I think that they will deliver and that the SP whilst hovering is a great opportunity for some safe play with good returns. A definate buy.