Member Info for AllAtSea

Had a couple lately that went up after XDD. I'd considered selling before the day but the price didn't rise enough so I didn't.

The rule is there are no rules.

HD, most British shares these days are equally disappointing IME. In a wasteland of gloom I have very few stellar performers. Despite a few rare trading opportunities my head remains pushed just beneath the waves. Like you I shall hold on and wait for the life boat to arrive.

According to that, it could also go down. I have come to expect GSK to do both.

GSK reports positive results from gonorrhoea treatment trial.

GSK announced encouraging headline outcomes from its trial of gepotidacin, an oral antibiotic aiming to address uncomplicated urogenital gonorrhoea in adolescents and adults, on Monday.

https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=16312944&type=bsm

It's a while back now, but I seem to think that the sp was reduced from 577 to 438 on the day. In which case the rise since then would be a %age increase of 577 had the exercise not taken place. The cash bonus was c.£100 which could be used to buy the shares at the new lower price if you wished.

That's my recollection, please correct me if you know different!

Warthog4, I do hope you have allowed for the adjusted share price under the buy-back scheme?

You cannot do a comparison otherwise.

In any case this share has been an excellent candidate for trading over those years!

When I read 'PIP Claims' I did think it was insurance, but then I read the article and it was quite obvious what the topic was about.

Of course the tabloid are always banging on about benefit cheats, have been for nearly a century. No doubt the system can be abused, but it's pretty low-level stuff compared to, for example, Baroness Mone and other accomplices of our government.

Bought some at 423 with dividend from POLR

Why not use a managed fund then? I have a proportion of my funds under management, but it depends on what level of risk is acceptable to you how well or badly they perform.

Bought a few more this morning, rightly or wrongly! Ever the optimist..

A reason why B&M has fallen is apparently due the government's pressure on the BoE for rate cuts. It's thought there will be rate cuts, putting more more into consumers' pockets and benefitting the more expensive supermarkets, not the likes of BME.

Sunak is also reported to be going on a borrowing spree - £206bn - prior to the election in order to placate and buy voters. See The Times.

Nevertheless, I think B&M is too well run to be spooked, and having taken profits a while back I see this as a good re-entry point.

Uncrossing trades?

If ever there were arguments against old white men, then Adrian Montague, Andrew Moss, Bob Scott are they. The bad old days.

All things considered it is holding up well. Although it did drop to c. 420p first thing. A seller taking profit and a buyer's opportunity?

The current price seemed a good top up opportunity. It'll probably weaken further because that's what happens when I buy stuff, but I'll get a bit more dividend and have lowered my avg price significantly.

Since my previous post I have bought a couple of slices and reduced my average very nicely.

The issues I see for POLR are the relative degree of exposure to a struggling UK economy; the sustained level of BoE interest rates and the EU's new agreement on AI - a world first, the effects of which are to be discovered.

Any other views welcome.

" UK's FTSE 100 slipped on Wednesday, dragged by insurers after Deutsche Bank turned bearish on insurance majors Aviva and Prudential, while a strengthening pound compounded the selling pressure.

By 0813 GMT, the blue-chip FTSE 100 index fell 0.4%, while the domestically-focussed midcap index added 0.3%.

The life insurance sector slid 1.1%, as Prudential lost 1.3% after Deutsche Bank reduced its price target on the stock.

Aviva dropped 2.1% after the bank downgraded the stock."

https://uk.news.yahoo.com/banks-insurers-weigh-ftse-100-084527156.html

Don't know the reason for the downgrades. Just market conditions probably. We were at a high point, I think there could be general falling on the cards, but who really knows?

I am not entirely pessimistic about this stock but I have sold roughly half my holding in the last few weeks. I have also taken what profits I can from other stocks and hold a lot more cash than usual. Unfortunately I can't see anywhere to invest it with things as they are.

"We are mindful of the wider macroeconomic backdrop, but see continued positive momentum in the business, with a robust order book providing good visibility of revenues for 2024.

Peter France, TT Chief Executive Officer commented:

"Having joined in October, I have now visited the majority of our sites, spent time with colleagues and met a number of our customers and other stakeholders. I have been greatly impressed by the quality of our people, the strength of our culture and the depth of our customer relationships.

I am excited about the potential for TT and can already see opportunities to unlock further value across the business, driving growth, efficiencies and performance through capitalising on our positions in the structural growth markets in which we operate. I look forward to sharing more detailed thoughts shortly after our FY23 results, as we plan the next phase of our disciplined growth strategy.

The business continues to show good year over year improvement and I look forward with confidence."

https://www.londonstockexchange.com/news-article/TTG/trading-update/16219439

"Though reassuring of strong organic revenue growth in the year so far to October, TT said a machinery breakdown at one of its sensors and specialist components facilities hit third-quarter profits by £3 million.

“As a result of the machinery breakdown [...] we now expect to report group adjusted profit before tax towards the lower end of current market expectations,” the company added in a statement."

https://www.proactiveinvestors.co.uk/companies/news/1033934/tt-electronics-slumps-on-machinery-breakdown-profit-hit-1033934.html