RE: Placed 341 out of 3503 Sep 2022 12:31
Agree their share options should be under water giving them incentive to do better!
I thought about firing a shot over bow of friend who is senior management level at PFG with obvious caveat and mutual understanding no price sensitive information would be disclosed just making observation their communication with shareholders was shocking which wasn’t their direct responsibility but I’d expect response would just be the SP fall in line with finance sector being the party line no doubt so I think I shall just have to wait but SP does seem to be supported at my stop loss of 170 with divi so I’m going to hold on until there’s an announcement to market that’ll determine if I was right as selling at this level would lose me £2 a share on at least 1,000 of my holding and that’s ridiculous given the company isn’t losing money
I just don’t have the courage to buy more but if my other share SHEL were to go up significantly I might risk it as am too heavily into a sector that’s unpopular for obvious reasons and makes me feel a bit uncomfortable but to be fair at home we’re paying the price for our energy use without quibble and our bills are high so I regard it as a natural hedge but do worry about those less fortunate which is why I don’t complain I’m £4K down on my holding of 4,000 shares but did fancy putting a 5 in front of the zeros if circumstances were different if only to give me a CGT tax break and a bigger upside.
It’s really though just picking red on a roulette wheel and I’ve a wife who’d beat me to death if I got it wrong!! ;-)