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Isn't the institutional holding in excess of 85% already?
Yes Glowacki.. agree insulting amounts is right word. Most of us here invest more than what some of the board members have invested. Looks like we need some serious IIs money to move the dial here. Hoping we get another Redwood capital to up their stakes here.
Now to look for some TR1's....................
Re compoundinterest..
The chairman bought £100,000 of shares,but the rest of the board bought tiny,insulting amounts..l suspect they were obliged to and did so begrudgingly.
200k shares from chairman which is worth about £100k, CEO Ian McLaughlin only bought 18,451 shares which is less than £10k...
Nice chairman having some skin in the game. But poor efforts from Ian McLaughlin. His salary was £1m+ a year when he was CEO at Bank of Ireland UK. Could have shown a bit more conviction than that IMO. Just pocket change really... IMO,DYOR.
As buys a unit- all making their commitment in one RNS, powerful reaffirmation of a new philosophy- this is a Team run company. I deep down hoped so, (not isolated buys) - but on block - one unit. I think IMO DYOR, they have deliberately understated 2024 for 2 reasons, 1. CMC issue was another knock back when least required- timing Pre FY 2023. 2 Past management failures, not to be repeated. Very happy.
Bodes well for the future, I'm happy, the TEAM bought in. GLA
At last some confidence from the director :- Nice buy £100,000K should move now.
Another wee top up for me at 50
Reckitts, Close Bros , Vanquis .. all with potential claims against them ( bogus or not ) . Small or Blue Chip the market is doing what is does is run away from unmeasured risk. There’s also the fact that inflation is still with us here and more so across the pond irrespective of what governments say and markets are now pricing in interest rates remaining high for some time yet, of course pre election they will drop.
I'd be surprised not to see some director buys, and also additional TR1's. Maybe tomorrow.
Baysil, don't wait too long. Believe this will come good sooner or later. Director buys will follow soon also IMO. DYOR.
New territory for me, stayed away today. There are no liquidity issues, 2023 profits unchanged, no FCA probes, bogus claims CMC could be sorted this moth. Yes growth is a way off but most of that is in the SP. Well, as they say blood on the streets is the time to buy, I'm getting ready for a further drop before upgrading my position as patiently as I can. This is not a basket case IMO, unloved yes, but with tailwinds to come in interest rate reductions (certainly BOE cut will be before Fed) soon. GLA watching and waiting.
Reduced again on 28/3 by 0.08% to 0.64%.
Notice zero director buying,even at this low low SP..(they are allowed to trade immediately after preliminary results..
Rizzel, thanks for your time to reply appreciated. Yes, I agree, I've averaged down impatiently and my price is well above the current SP. I think this will come good, given time. THE US 10Yr is causing issues short term, however - hopefully let the overhang clear and steady rises should return, especially when more news appears on stopping bogus claims and Directors purchases. Good Luck all. Today's price is starting to look ridiculous - Mkt Cap sub £130m - sitting duck. I am seriously thinking of dumping one very good stock to build more here, entry price hard to gauge.
Have been trying to open a position on IG Index but getting message that no opening positions being taken on this stock and can only close a position. It has been this way for some time and have never seen this before in many years of using IG on an active stock. It was working last week. Anyone have any ideas?
BaysilHope
If you are like most on here in loosing position, I guess we can only wait and hope this will turn around. 18.4. is ex divi date acording to HL so your info is right on that. But 1p I will get is a very small plaster on a big loss O am currently sitting on. I will give it more time to managment to prove that they can turn it around.
According to the RNS 27th Mar - The Board proposes a final dividend of 1.0p per share for 2023, subject to final regulatory approvals. In 2022, the share went EX div 20th Apr 23 I think - paid June 23. The website Divimax gives a guide of 18th Apr - a guide only I know but a good site.
Obviously, if we are stuck at this SP for a while - as the shorter overhang (& GS) clears, it is useful to have something coming in, too late for an Easter Egg though. Can anyone shed any light- it's not that I'm desperate?!! Just depressed. GLA Guess we have a bit of a wait on our hands.
Any help, thanks and appreciated.
Gsa Capital Partners reduced shorts by -0.10% to now 0.72% on 27th March.
Hello Mary, using this thread to say hello to you. Apologies to other board members.
I have been looking for a new approach to trading and recently came across your posts. I plan to use some of your suggestions as regards buying and selling percentages. I’m also watching Your suggested Stocks. Last week I bought a small holding in SFOR. It is already showing an 18% increase which is The second highest percentage increase in my portfolio of 25 stocks! I will watch and try to sell 60% at the 20%-ish, Mark. Tomorrow I am selling another holding and hoping to buy some PFC shares. I am resisting raiding my bank account et cetera for any more trading funds and hoping to adjust my current portfolio.
Thank you for your very helpful posts.
ATB NTTL
Bigpunt - spot on -can understand hx seeking reassurance, however we need to give Ian, Jill and the rest of them a chance.
Good to see the Savings offerings getting updated 90 /120 and 1-5 year bonds. Plenty of flexibility.
https://www.vanquissavings.co.uk/view-Notice-Accounts/
https://www.vanquissavings.co.uk/view-fixed-rate-bonds/
Assume the ISA ones will pop up on 6th April.
Hx, with respect, you do obsess over the wrong things. They have stated that they have lodged something legal regarding the CMC claims which will become public knowledge soon. Perhaps they can buy during this period or perhaps they can't. Either way, they have set out the numbers, and in a very open and transparent way; they have also set out the strategy and stated progress is in part ahead of plan. Jumping on a buying bandwagon is quite frankly amateurish investing
It is usually easy to get a resolution without a referral in the region of £100 without much hassle.
In this case it raises more concerns about what he hid from his family, did they open his private mail.
The stress would appear self inflicted. Simple if you do not want it shred it. Done in seconds, no stress.
£500 fat chance.... however it cost Vanq around £800 plus staff time. A disgrace in itself.
Everyone, auto correct at its best 👌
Re the 100k quantity, not every single can be the same with a 5000 quantity or 10000 etc. It depends on the funds you have free to invest. A sizeable holding is relative.
I see on LSE talking about 250k bets or more, that is great if they can, but like me most do not have that much to risk in one company.