Member Info for Alas_Smith

David008, the reflected price published for each bargain executed is the simple software based interpretation based on the line of best fit. Where there is a tight spread, high volume or market makers with variation that provides ambiguity so the simplistic decisions can be and often are, wrong.

Jakey72, if it is of any consolation, when your bargain was executed, both you and seller were convinced that each made a brilliant decision. Only time will determine such wisdom.

My buys today are in 2 different SIPP wrappers…. For self as part of IHT planning and elder son with 40 or more working years ahead of him.

I would not be surprised if there is RNS for a massive reduction by a fund manager in the next few days. Hopefully takeup of any overhang will be swift and reflected in the share price to benefit all investors.

My purchase at 66p is showing as a sell. Definitely in oversold territory, but, hey, this is in SIPP wrapper so no biggie.

Having been tipped for its recessionary resilience, the SP has been in steady decline. Todays update is poor and thus far it does not appear to be enough to attract buyers for the shares.

I like the business model but the price needs to be more attractive for me to average my holding.

What ho, MikeS02.... I have not discounted annuity but will look at it much more seriously once I have begun the wind down to retirement and to a limited extent. Based on 40+ years in the market my average annual return is 13.5% despite the down days, months and on plenty of occasions, years.

Interest rates up in early November by at least 1% and prospect of another 1.25% rise in December is my hunch. I don't care whether Truss is out by Christmas, key players to sort out world mess are Putin, Biden and Xi. Secondary players are Mermu, Erdogan and von der Leyen. Seems as if sanctions on Russia are affecting the resupply of munitions hence a massive increase in conscripts. Biden and Xi need to work on common ground for trade otherwise Mermu will step in to take the spot for world workforce. Erdogan might assure energy to power Europe and von der Leyen re-negotiate the barriers for seamless trade accross all of Europe and especially the troubled Irish border.

Seems simple, but that, as I see it is the geo-politics that will temper inflation. Sadly Truss chucking cash at the demand side of the see-saw will only serve to increase inflation. Sort out the supply side and it falls.

Volatile times continue. I am looking forward to 2023, which although may be a year of recession is likely to see me fully invested by the start of summer.

Hey, Bhants - FWIW, I am deep underwater (well into 6 figures this year) and am still bunging money into markets. Sure, am being selective in the better "blue chips" around the world but investing is different from speculation.

Let me disclose something of me. Retirement aged 67 is under 3 years away and I have increased my risk in the last few years from Medium/High to HIGH. My portfolio needs to last 30 years of retirement for me and longer for my wife a few years my junior. Sure, it throws off cash and this allows me to either add to my existing holdings through £ cost averaging or buy new investment.

Market jitters might have caution over interest rates as the catalyst, but 2022 has had a stream of bad news that seems to worsen prospects and trigger another mark down. At some point, markets will regain composure and stabilise. That might have happened already or yet to happen. Time will tell. From my perspective, as we are yet to see nuclear devices being chucked around in anger, that is the last piece of really bad news, we are at the bottom in terms of what we do know. and what we do know that we don't know and what we don't know what we do know. What is not yet in place is the calculation of what don't know what we don't know. so market will remain volatile.

Geo-politics is the key at the moment as this determines inflation and supply.

Mu hunch is an interest rise of over 1% at beginning of November and a similar one in the meeting that follows. New money of mine is strengthening my bank holding, Ramsdens and Begbies. The remaining 70 or so holdings are on ice and at market force

https://shorttracker.co.uk/company/GB0009887422/

This shows open short positions.

Make complaint by email to Investor Relations team with the hint you are considering a statutory demand for your dividend together with interest. You may wish to suggest there is insufficient evidence that Barclays have sufficient funds to distribute dividends or competent back room staff. Perhaps threaten to close your account, have your holdings transferred in specie to a broker of financial substance and intention to seek indemnity should such decision be made.

Have bunged a bit more into the melting pot today in anticipation that with the merest sniff of good news, markets will respond positively.

The Sunday Times has rated CRDA as a buy in the finance pages.

For myself, 2022 has been a dreadful year with no hiding places. Few holdings are in positive territory and most are well under water. The problem that investors face is that there are so many really top notch investments that are at their lows.

Although covid cases are rising, it does not mean that gloves are required for treatment in hospitals. The P/E might be 3 (currently) but that does not mean that the share price is correct or that the dividend is assured. The manager paid over the odds in their recent acquisition and this has translated into shares that are not really wanted by investors at the moment.

When the market has decided that the shares represent value for money, then the price should recover. BUT, the problem is that there are swathes of companies of great prestige with their share price on the floor. Microsoft, Nvidia, ASML for instance. And until the market stabilises for those huge businesses, investor attention will discount the minnows.

I suggest that this is a speculative buy for a new investor but one to accumulate if still held following recent news

More likely in anticipation of jobs data from US.

Markets are very jittery and worried with the potential for the Russia : Ukraine war to escalate and start chucking around nuclear devices. It is difficult to discover how much more bad news there is to affect markets. At the slightest hint of good news, prices recover. Many smaller value portfolio retail investors have moved their holdings into cash - and very sensible. Others are sweating things out. I fall into the "others" category but am sitting on cash thrown off from dividends for investment at a later date.

Am in no hurry to sell or buy shares in any company at the moment. When I do, it is likely to be one whose bulk of earnings are in USD rather than sterling.

Seems clear to me that the mini-budget has set things up for a substantial hike in minimum lending rate from Bank of England. I am not an economist, but it seems to me that the best way to reduce inflation is to improve the supply side.

Don't see much incentive, if that is the case to invest in people, research or expansion. Anyway, with a rapid increase in interest rates, it might just have the effect to pile pressure on small (50+ employees) and medium (250-10,000 employees) enterprises.

We all know that new governments are not voted in but old governments are most certainly voted out. I wonder when the first calls will be made for no confidence.

Well, thus far a poor decision. Trading update is OK and pretty much as I had thought, but Mr Market has a blacker outlook than me.

steph, you wrote that "....it is a scary time to invest but that is when the most profit is made." Well, for ME and MY arrangements, I am not prepared at this stage to add to my holding in GROW, but that does not mean that I am averse to buying shares in a bear market. In the last week, I have added to my holdings in Ramsdens (RFX) which is a pawnbroker, Browns Advsory US Smaller companies (BASC), Princess Private Equity (PEY) and today Utilico Emerging Markets (UEM) and Nat West (NWG).

FWIW, my rationale is that despite the energy price cap and Government borrowing proposed, pawnbrokers should do well to at least the beginning of March next year as we face the autumn and winter months, rising interest rates should help banks. As the most powerful economy is likely not only to withstand economic shock, but also is an oil producer, so the small and medium companies are expected to be the driver for growth etc

Time will tell, but I had rather thought that the worst was behind GROW when I dipped a toe in. I prefer to average up

Borrowing by Governments is fine if there is something tangible as a consequence. In the ‘50’s there was the (temporary) road fund licence for motor vehicles to pay for road construction and maintenance. It is now integral to mitoring and revenues. My hunch is that there wil be massive improvement to water system to renew the crumbling infrastructure installed almost 200 years ago to addeess leaks.

Inflation suggests growth borne from rising employment translated to consumer spend. Some is manufactured such as the proliferation of credit to fund consumerism. It is that which holds caution for me with GROW to prevent adding more shares.

The largest economies in the world are US followed by China and although portfolios aligned for growth have had a brutal year, markets have always recovered and tend to be led by the strongest. Cash that has accumulated from doing very little this year is being put to work again, this time in SIPP wrapper with a purchase today.

Time will tell.

Frogjumper, look back to November last year. There was RNS published that flagged that the shares may be subject to suspension. Caution was provided in that statement that the limit for rules for AIM had been reached. The reaction to that RNS caused the share price to plummet. Over the course of 2 months the SP rose 50%. The shares were suspended and trading has not resumed.

I really am not sure quite what I can add to help you in this matter.

Of course, there have been statements from the company that things are ticketty-boo in recent weeks and shareholders can draw comfort from those. When trading in the shares resumes I am pretty certain that there will be a huge volume turned over and in the space of a few hours, perhaps even 3 or 4 days there will be wild swings in the share price that takes everything that has happenned for the last 7 or 8 months into account.

Many will simply take what ever price they can and head for the doors driving the price down, others will be buying furiously and taking the price up. It would not surprise me to see daily swings in the SP of 20%-25% sometimes up and sometimes down.

Anyway, I am not invested in this company, do not trust the managers BUT I am not the ultimate decision maker in my small company when it comes to organising carriage for goods, though I do have great influence. The prices are attractive, don't get me wrong, but it is not a reliable service (30% did not arrive in the agreed timescale), a high incidence of "lost in transit" goods - mainly alcohol and prestige electronic goods - breakage through poor handling (1% is acceptable, 2.5% or greater is not. But it is the failure to return "broken" goods or explain "lost in transit" stock that influenced my decision.

50,000 -70,000 parcels that we send annually is small, I know that. I also know that for some I can use DPD and the rest Royal Mail but these come at higher cost - iro £1.16/item. You can buy an awful lot of replacement stuff with 50,000 x £1.16 and that is the commercial decision that is made.

A change of CEO along with the board will mean that I will once again consider DX. A decent trial will be made - 500 or so parcels and the results monitored. I could be extremely unfair in the tarnish that I give and TBH, I really don't care if that is justified.

I hope that gives you a fuller answer. I will not comment further on this board, suffice to wish all shareholders good fortune in the future.

Pianista, although I respect your opinion, I am afraid that I have been around a very long time and where share dealings are suspended for a long time there is a broad but not always obvious pattern. A rapid rise in the share price prior to suspension where there are rumours that managers are at the edge of the rules for listing. This is usually because in the event of a long suspension a return to trading will mark the price down sharply.

Prior to the rapid run up in the SP, the shares in DX. were under 10p. It is therefore not inconceiveable that the price returns to similar level (and look at the broad market for all companies in the parcel sector for share price movement). 7.5p is sickening, (MONI was in my portfolio at the point of suspension falling from 200p or thereabouts to 10p), so I am sympathetic. I am also a realist.

Falls of that magnitude have a crowd effect. But some buyers are opportunists. I do not hold shares in DX, never have and doubt I ever will. Huge falls in share prices open the gate for a bid approach.

I do have interest in DX in bidding for my parcel contract and I will give a second chance. It will be only with a change at board level, the assurance of communication from branch level and dedicated collection staff.

I'll suggest open at 7.5p and have a low of 3p. That represents an immediate 75% wipe off to encourage sellers, with the panic in place to recover anything a further fall down to 3p would indicate a straight 90% fall from the suspended price and then the bottom pickers will be out in force for the hope of a swift buck. Closing price of 10p is not unreasonable, but total guesswork. MM's are there to make a market, will be keen to benefit from substantial volume and who can blame them.

My hunch is that there will be announcement of major re-structuring, probable de-listing and even the offer to take private. It is not a company I trust, the directors have shown to me contempt in their failure to address delivery concerns and "evaporation" and thus I would not go near ANY of them no matter where they are employed. Good luck to all - I really hope that things are not as bad as I consider them and that once the dust has settled, there is clear direction from managers, a stated and demonstrative resolve to eliminate tarnish to reputation and the re-structure of the company to compete with the headwinds of likely recession.