Member Info for bewareshadows

A bit of a decent recovery across the financial sector at the moment. Not entirely sure why they are all up at the moment, but I'll take it.

A nice positive finish to 2016 and what a buy right at the end of the day. Hoping this will be a nice steady climber for 2017.

This share has been hammered in the last few weeks.

what do you reckon

Just bought in today. Seems to be a decent company with a lot of cash on its hands. Like the regularity of the dividends too.

Massive drop today. What's occuring?

Well good luck to all, but that's me out.

It's spiked a bit quicker than I anticipated. But the up and down over the last month seems to be a bit more than the usual variation. Maybe the fall was over exaggerated.

Thought it would bob around this price for a while. If the yield keeps increasing so eventually will the price. With so many blue chips cutting Dividends and all the miners cancelling them people will start to look for value. 3-4% is decent value.

Starting to edge up higher as the div approaches.

Hi Hotlips, I'm far from an expert in this share, it just seemed to have a lot of value when I bought in at 33p ish. The fall that had occured previously did not seem to happen on the back of any specific news. It could have been that the share price at 45p was slightly inflated and so there was a bit of an over correction. But for me the bottom line is everything, are they making money? Yes What is the yeild? 3.61% What is the risk? No immediate risks and even from things like oil or brexit that I can see. You can get better yeilds if you look around but I'd be happy to hold here for a while longer. Target is probably 40-41p for me, then set a stop loss.

6% up on the day, no doubt it will bob around this for a while.

Up a few percentage points returning to a more even level.

Well just bought into this as a bit of a random choice, so hoping it's a good set of final results.

I had a choice of this or Jupiter china fund, they both follow similar tracks, this has been going great recently

I don't hold this share as it is too pricey for me to make any money on with my small amounts of capital, but I do follow it as I have a Russia fund, which has a large weighting on this share. Going great at the moment.

That is the way to be looking at this. If you had put that money in a bank account it would have needed an interest rate of 9% consistently for 15 years to gain that return. And they excludes the special dividends that may have been paid. We can always look to other stocks that have done better. But at the time we had no idea. Personally I wish I had invested in United utilities about 5 years ago. 66% rise in share price and dividends, but no I invested in banks and got cut in half and then some. But you hold on and recover what you can, or sell up make a loss and move on. I've been in and out of FTO unfortunatley when this came along I was out, bought into RRL which is now suspended. But that's the way it goes. 9% interest over 15 years aint to be sniffed at.

If they own 56% of the company, I don't see how they could be left open to predetors. They can't be force to sell their shares?

About a month ago I had the option to buy into RRL range or FTO fortune Oil. I've been in fortune Oil before and thinking it;s usually a pretty stagnent share, I opted to go for the riskier RRL. Well there you go, lost half my investment in a now suspended share verses a significant oppertunity to make some decent money. Ah well maybe RRL will come out of suspension and actually pump some oil Well done to all FTO's

Was it not because the last institutional shareholder pulled out their holding.