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.
I am going to commit the cardinal sin of saying that the SP is doing very nicely today, given we are ex div...
I will kick myself on your behalf if this comment ages poorly :)
I totally agree, the MMs are not stupid and they had their own reasons to increase the share price on that day. I made an extra £160, not big bucks but better than nothing.
I would have thought the MMs aren't that stupid. surely they should look at the buy volume before offering big bucks for your 20,000 shares.
Pooks. You can manipulate the share price but you have to pick the right time to do it. The best time to do it is when there aren't that many trades taking place and the spread is wide. I've only tried it once and it worked. I had 20,000 shares that I wanted to sell. I purchased another 2,000 and split the trades by 20 x 100 forcing the price up during the day. I then sold the 22,000 shares and made a bigger profit than if I had sold the 20,000. I think a lot of this goes on and I've seen many trades where single shares are repeatedly bought or sold moving the share price either way. On that day, I bought 2,000 and sold 22,000 and the share price was still up. It's the amount of trades that take place, moving the share price rather than the value.
It just ran up a bit too quickly and some technical indicators led to a slight pull back IMO.
See how the next few days go. Fingers crossed etc.
Can someone explain why ? Up over 5% now in minus … there seems to be an awful lot of very small sell transactions. Could it be small time day traders taking a pathetically small profit ?
I'm sure you said the same of Superdry (SDRY)
So my 3870 shares is showing in red as a sell, says it all, has to go up from here :)
Just bought a few. In for the risk :)
Upwards trajectory over the coming few months. Far too cheap currently!
Quantity 63,246 at 48.7500p
Value £30,832.43
Transaction charge £6.00
PTM Levy £1.00
Total £30,825.43
You've saved £145.21 with our Price Improver
Done small 400 pound profit more than 15 years with LLoyds. 2 more positions with VANQ to go next week hope this time over 50
Good old Barclays - challemnging this motor finance debac;e- from FCA announcement.
.On 3 April 2024, Barclays commenced judicial review proceedings of the Financial Ombudsman Service's decision to uphold a complaint relating to DCAs.
Agreed
Now it's clear we were talking about different types of trading, I think that it's fair to say no-one was being incorrect or misleading.
You must have crystallised a huge percentage loss as I am also a long term holder nursing over 90% down.
I would contend it's more investible now than at any time in the last ten years.
so glad to be out of this stock last year after holding 10 years. it's a **** show. not investible.
OK
Cross wires. I thought you meant any purchases. Mine were/are the old fashioned physical ones.
Further to my posts yesterday and responses from Billyrector and LWHL, I can confirm that I have now spoken with Terri at IG index who confirmed that no leveraged trades can be made with them on this company, only physical trades for shares made. Hence my post was correct and not misleading.
Just bought a token amount, so it seems to be operational on IG. GLA.
Seems the sp bottoming and shorts taking the profits
They are profitable as they have NOT PROVED any impairments for the FCA claims'The group said its board has concluded that it is currently not required or appropriate to give a provision in the group’s half-year results regarding the probe. “While there is no certainty regarding any potential financial impact as a result of the FCA’s review, the Board recognises the need to plan for a range of possible outcomes,” it explained.
“The board considers it prudent for the group to further build capital strength, while supporting its customers and business franchise.”
As a result, Close Brothers will not pay any dividends on its ordinary shares for the current financial year.
Benjamin Toms, an analyst at RBC, said in a note: “The group sees significant uncertainty around the FCA’s review of discretionary commissions in motor finance. Therefore, the timing, scope and quantum of any potential financial impact on the group cannot be reliably estimated at present.”
yet they stop the divi and raise £400m, is this a BOD of marching frogs or What and they love the shares FFS. Clazy non prudence.
I will advise either way tomorrow. It is not my computer as tried on both iPad and Dell but may be an account issue although I have had an account for 10 years without a problem so took their message at face value.