Member Info for Andyagogo

For anyone interested the recent results webcast is available on the Shire investors site. Huge amount of detail provided.

Apologies for the typos, no edit function.

The shares are available to cancel at a 30% discount to NAV ATM. BLND look to be disposing assets above NAV as per Ledenhall. They are finding difficulty buying property at prices which met their longer term hurdle rstes. The proposed buy back looks a reasonable risk/reward to me.

Now looks over 30% on today's close. That gap looks very generous just IMV.

reaction. There looked multiple upsides to me. Have seen some comment that Andrew Witty was a better presenter and really sold GSK's longer term prospects, was that perhaps lacking yesterday with Emma?.

Ah there was a caveat to that - will keep this structure under regular review. However I can see the benefits of pharma and vaccines combined. On consumer consumer products hopefully NVS sell their share. New CEO seems to be very returns focussed, a benefit to shareholders, Stronger on commercial focus than Andrew?.

Agreed with the comment as already see this happening with friends of mine, who previously just accepted existing renewals, however with increasing premiums switched to Direct Line. On price Direct Line tend to be highly competitive, so view this environment as a positive, DLG update in early May so lets see what they have to say post discount changes.

Point well made.

I do not see major UK sales ahead, they are in the process of bidding for IMPT.

Very insightful post, I bought in to WG. today.

FY results on Tuesday, the last statement in December looked highly positive.

Perhaps some misunderatanding what the discount rate may mean going forward. Rising motor insurance premiums, to cover discount changes, may benefit the sector strongest. What do people usualy do when faced with rising premiums?, they shop around. DLG are usually highly competitive and have the largest market share in the UK. Motor insurance renews annually and is recalculated, very simple to understand. As always all IMV only, please DYOR

Steel, playing devil's advocate here and looking at the flip side, does that also suggest the overseas majors are gaining further market shares with lower prices? - at least is my reading of the report. Accept with weak end demand v supply is the main issue.

jolly, my mean RIO holding price is 19.93 as of this morning, painful, and would expect it to become more painful as a dip in to the £15's would not surprise me. Neither would a dip to the low $30's for IO, possibly late $20's on a plunge day. In trading RIO I will hopefully continue to reduce my mean holding price, as mentioned pre Christmas working on the basis that either Q1-Q2 '16 will see the likely commodity low. As mentioned a few times remain very cautious on wider equity markets atm, we may be in an early bear market and very little looks safe to me. On the mining sector you need to be exceptionally careful as previously posted. I don't use margin and only buy what I can pay for and afford to hold. Some nice trading opportunities once again this morning and yesterday. It looks like another temporary bounce to me, we will soon see.

You can be as sceptical as you want. Will add early next week on any move near £17 or below. As mentioned before I am interested in making money, making long blustering posts with out having any position is not for me, play monopoly instead, may achieve more.

Longer term huge industrialisation in Africa to come. India will become increasingly important. On China, if a growth slowdown become severe, what do you think Chinese authorities will do?, build and replace older lower quality infrastructure. RIO tradable again on Friday, Thursday's late buys sold at the open for a nice profit.

Agree with that of course, what I do is not suitable for many as have referenced, everyone has their own preferred investment style. My rational is that you do not necessarily need a rigid all or nothing bullish or uber bearish view. Anyway added some back that I sold, down to 1823.

Fair enough and as mentioned there are a stack of reasons for current caution imv. However this does not just apply to the mining or wider commodity space. Some of the sky high ratings on many defensives are going to look very exposed come the next wider equity bear market. Banked some profits this morning on the spike, added a few yesterday before the close.

Postulate is what I meant, as in posit, hypothesise, rather than taking positions and making money. You do not need a rigid view on RIO, it is tradable imv. As mentioned last week a sharp sell off in the NY was the basis I was working on, the China events have accelerated this.

Experts?, what exactly does that mean. Perhaps it means the bulk of analysts who failed to call the commodity top and will fail again to spot the low. RIO has been eminently tradable recently, for those who have the time or inclination to do so. You do not need to be wedded to a particular bullish or bearish view imv. That is usually reserved for those who like to postulate and fail to make money.