Member Info for aspers

Hi-hi........I will probably be back in at sometime, at the moment my feelings are buy on rumour sell on news.....as the sale confirmation is now out I will wait to see how the trading update goes and also how the £2.65bn from energy sale is going to be used. As I said before back in July the pension deficit was £2.4bn although I guess that may have improved since then as markets have recovered. Well done to those that got back in at 28p.......those folk should soon double their earnings. As you know I sold out at 44p late November making a £180K loss but to be fair my reinvested funds have romped away since then as I have traded builders/travel/oil/banks.
Anyway, good luck to you with whatever you decide to do.
Anyway work is calling, a nice two sector day to Palma and back.

Helly.....£2.4bn will be going into the pension fund, that leaves £0.2bn left to play with at the current exchange rate. It will be interesting to hear their updates later this month but a lot of folk getting excited on here picking out big numbers willy nilly......£1 if it comes will not be coming soon I fear. Will be interesting to see where we open tomorrow but I am nit getting excited till I hear the update on the 21st.

RAF, it is said that £2.4bn is now the deficit in the pension scheme so will be interesting to see what they do with any monies left over. Will Brent now hitting $53 it may have been good to keep some of their oil assets.
That said as they say let the trend be your friend, this seems to be ticking up slowly, nit sure if you will see £1 any time soon but I guess you can always live in hope.
I am still waiting to see what the details are on the next trading update before I consider getting back aboard......the first hint of continued falling customers will go down like *****s draws on boat race night!

What are the chances of NCYT becoming involved with vaccine production. ? Either their own or as a third party producer supporting another company.
Just a thought as surely they have the technology to become involved.

I reckon todays fall was based on the possibility of builders being shut down during the coming lockdown. That is nit going to happen and with a great trading update expected soon no teason why we should not see this back above 160 tomorrow.

Decided to double up today on the drop. Record mortgage approvals just announced. I expect excellent trading update and hopefully a return to a dividend payment in the months to come.

Mango....do not lose sight of the fact that Saga is more than a cruise company. I expect the insurance arm to prop up the cruise and travel business till things start to recover. I agree that no one is going cruising soon but once they start again the rush to jump aboard will be great.

Y11-shx.........you say “ CNA at this price offer great rewards and low risk in 2021” sadly I fear nothing in the present market offers that in these crazy times. I have changed my investment policy recently and have started trading more and more quite often staying in some shares for only a few days. Many shares over the past couple of weeks have made rapid moves one way or the other. If I see 5% in a couple of days I move on. I do tend to trade in blocks of £10K so each little profit adds up.
Eventually CNA may look a good buy but until the latest trading update comes out no one really knows the direction this will go. Hopefully for you guys that have stuck around you will hear some good news, if so I may chuck a few quid back in here, but equally you may find good news is already priced in at what appears to you as a bargain price. The markets right now are no better than a casino and sometimes that is the best way to play it. Do I pick black or do I pick red.

Simon....expect it to be announced at the EGM in January.

Aimtitan......I bought it as what I thought at the time was a rock solid investment that paid a great dividend, as the price fell I continued to average down as I still thought it dafe and as the price fell more the divi got even more attractive.
I was happy to hang on and await a recovery as the divi still was very juicy. Once the divi was stopped it started to look far less of a good investment. I even thought they may go bust when the share hit 28p back a few months back.
Eventually one has to take the decision to move on.......I realised I would never see my 140 average again nor for a few years see a divi. As I said before there are so many bargains out there right now and some even still paying a recent divi.
It was difficult to sell at a big loss but in only a few weeks to be over 20% up on my reinvestment since jumping ship here I am happy with that.
In time I may return here but I need to hear something more positive from the company in the direction they intend to take.......the silence from them at the moment is deafening. I agree this could easily hit 60p but on a bad update you may see 35p again.......I am happy to wait having had my fingers burnt here before. Good luck and lets hope 2021 brings you plenty of wealth and happiness

My advice is buy and forget. I am in at 0.3 and have topped up a few times since then.
I will forget about it now and look back in 2022. How often have you sold out making 20% and looked back in 2 years and gone oh sheeet. If only I had stuck around I would have been a millionaire.
Enjoy 2021 and I will see you all back in 2022.

Aimtitan.....yes for sure it was painful but at this moment in time the right move for me. If I had stayed here I would be 7% up but in reality at 0800 this morning the money I moved is 22% up. Maybe soon I will buy back in here but still too many unknowns as far as I am concerned at the moment as they continue to sell off the silverware and with looming strike action etc etc. I maybe just wait till we see a trading update and then maybe then will decide where my money should go.
Lots of folk on here shouting this will be 100p 150p all because of reduced debt but they forget they also have reduced income selling off the oil assets. I guess only time will tell if I made the right move or not. Good luck whatever you choose to do.

Boo....same here, sold out a few weeks ago making a £180K loss as my average was 140. Since then I have traded Travel/banks/builders and a few others and am now 22% better off than sitting here on what I saw as dead money.
Maybe one day CNA will come good but talk of 100p plus is pie in the sky right now. Flogging off all the good parts of the business to prop up the pension scheme really did not rock my boat. Good luck with your investments. As you say so many fast moving bargains to be bad right now. Just a question of timing.

Aimtitan.....in a normal situation that would be correct but I understood the pension had a large deficit that needed filling? I guess time will tell.

Aimtitan......I understand most of that money is already accounted for in propping up the pension fund?

In the words of Hughie Green “double your money and expect to get rich” I see no real reason why that will not happen over the year to come. Lets hope 2021 can bring us all some wealth and good fortune......we all certainly deserve that for sure. Best wishes to you all and hopefully you can enjoy Christmas with your families.

2227......Not sure about 700 by end of Jan but I expect all builders to perform well this year. I bought in here recently and long term hold of TW. and I will be looking for an uplift of 50% before I even consider selling. Nice to have a quiet BB where only sense is spoken and no name calling being done. LSE seems to be full of children these days throwing their toys out of the cots if someone posts some negativity. Good luck and have a great Christmas.

ANT.......hopefully you will see your 50p in Q1. In the mean time the rest of the markets will have raced away. As I said before, too many great opportunities out there at the moment to sit on dead money here. As they say never say never and once the next trading update is out we will all have a better idea if we should be pilling back in here. In the meantime, have a great Christmas, hopefully you will be able to enjoy with your family....sadly some of us will be working although a few days in West Palm beach will be my reward.

ANT1986......Thanks for your opinion it means so much to me. Maybe it would be nice if you started to act your age and engage with any comments on here like a grown adult. These boards getting worse of late with anal comments like yours. Good luck with your investments, if you only want to wrap them in cotton wool maybe you should just go to the bingo with your Mum.

ANT1986 after holding over 300,000 shares I think I have life membership. You never know, I may even come back once I feel the time is right and I have doubled my money elsewhere. Once the next trading update is out then hopefully we will have a better idea of the direction the company now intend to take.