Member Info for Barrieprov

Think they cut 1% if I’m reading it right

I’m temporarily stopped out so neutral currently but SP closed slightly over my sale at 151.6 and SL of 150

Hope to buy back on but am keeping my powder dry for now with so much volatility

If I was new to share I might be tempted but might think i didn’t know something the market thinks it does

GLA

Nice I paid 960 for my last lot
Oil now $25 / barrel so am waiting to see if it falls to $20 and I’ll buy more

Possibly makes sense if they cost half what they did a month or so ago as in comparison to the dividend the SP is now very low so it’s cancelling a cost of capital close to 16% so a bit like paying off your credit card instead of leaving money in the bank??

Financial Conduct Authority regulates market abuse and insider trading

If someone from the FCA were monitoring this BB they would be concerned about posts containing information not in public domain and they could trace the poster - say things like “the dividend might be cut” which could affect the share price especially if asserting you “know Directors” not making statements that appear unequivocal

You might want to read the FCA notice

Such a difficult call when the extent of impact of Covid-19 being so uncertain GLA I’m holding 1/3 of my original position but might be tempted to buy at 150p on basis I think PE May work if profits dive
Just a residual concern about the refinancibility of the company debt if problems for borrowers get worse

You win :-)
Seriously though it did look this morning albeit with Brent futures stabilising around $30 p b there was some support for SP around the £10 level so I’m biding my time but was sorely tempted at 980 (962 was the low apparently but I never saw that on my screen) as provided things hold more or less from here the dividend yield if sustained will matter

The shares have fallen over 60% since May so I’ll continue to drop my average (not hard at these prices) until I get between £14-£15 which is as far as my investment limit will allow

Hope so I’m about to buy again sub £10 tomorrow as oil down 12% and Dow down 13%

I think investors are acting as if it’s the end of credit

Much as I’d love to I can’t bring myself to buy or sell at the moment but each to their own

I’m below half my WACC st present so its a rout and wish I’d done my stop loss on Friday

Sarah Racao called the price at £10 and I should’ve waited - Respect

Good post Theborn as always good to hear a calm reasoned voice amidst the chaos

I didn’t sell any more today and will try to hold on until the madness passes

Indeed
They’ve reached 290 level but my break even will be higher than 450 given a limit loss sale on way down just under £3

Scary times for sure so let’s hope recent outbreak clears up in late Spring and we get back to some semblance of normality

Actually kitty landed on a tree branch and is enjoying the view as shares less down than at the opening

I really want to hold on as forced to sell half my holdings on worries something might be wrong as shares fell faster than market on Fitch downgrade and worries elsewhere in sector

Also worried FCA might adopt too paternalistic an approach on lending especially in wake of economic fallout affecting poorer credit scores post Covid-19

Kitty is still dropping but hopefully will land on all fours in soft ground

I’d set a further SL at 270 only to see it drop straight through but am waiting to see if price recovers as no volume suggests MM are dropping price to catch buyers for stock overhang possibly??

Well I thought so but bought a few at 1,180 and they closed at 1121 so I’ve set next buy price at 1000

My theory is that averaging down might reduce the wait but I’ve been hitting stop losses and cutting elsewhere and am now glad I did that as an £000s better off

Looks like Coltrane have dumped 2.8% of PFG stock which was the lions share of the blocks I saw go out 2 days ago - about 7m of their holding

Carnage today as I almost hit another stop loss I put at 275 having already reacted late for my £3 one but still holding half of my original holding for long term having cut at 420

GLA there’s few on the planet who’d have a clue what any of us should be doing from here and I just bought RDSB at 1180 only to see it close at 1121 (2647 year high)

When oil price hits bottom

Not yet .... just seen 1185 bid am about to go back in

Down another 19% and a sub 1 PE Ratio suggests the market thinks it’s a goner perhaps and that may or may not be the issue with sentiment over the whole sector. If it weren’t for uncertainty I’d have thought any value in their loan book could be bought for a song

You’ll be fine

I just sold 25% of mine at 294 and I’m always doing the wrong thing in terms of timing :-)

Yup it’s the only alternative to going to the greyhound track when you’re having to stay indoors due to the risk of catching Covid-19 but then again the dogs are probably running in an empty stand