Member Info for Bigbadbaz

and not a single mention about Cononish in any of the posts.When TLC said. cya on the other side, did he take the mine with him? Cannot be long for the mining to start.

If a tactic is good and people start using it it quickly becomes not a good tactic.I have never used cfd's and plan to keep that way.Each to their own .

There are 3 full trading days left trading days left before exd.A huge rise before then is not looking likely.Buying in before the exd date is not a great tactic if the day after it falls by the divi +more. This may well be below £13 this time next week.

Thanks for that.Never thought about the divi.Thats an added bonus.

You might have just wondered what had happened to the SP on exd day

i think 90 odd next year plus a share per share for new comp ?? whats not to like ?.But 80p the year after that,Ye buys yer ticket, ye takes yer chances

A week from now to ex divi.These may vey well overshoot the divi when it goes exd.

Oh I never really know what I am doing!!.Me neither,do any of really know?.One thing for sure you will never out guess the stock market.Where do I see BT going? well like yourself I am looking for an entry point about 210.I have money looking for a new home. I think the divi is safe enough and I only buy companies that pay divis,I am usually into Shell and BP as I am quite comfortable with them+ 4 divis/year.However I jumped ship on mid April and have failed to get back in at what I am prepared to pay.I sold BP in Nov and thought I would make a wee in/out with NG and am still stuck there.That's life.Are you really a petanque player?

the day I feel fear is the day I stop investing.We all need a wee bit off fear to keep us in check.It is a warning that we just might not know what we are doing.

No I did not miss it at all. We Brits do irony and sarcasm to a high level..The chartists have their place as you said but to me it is a self fulfilling way to do things.To me at it's simplest , the stock market is like taking a penalty kick.If you get it right,well done and if you miss you got it wrong. tough.

It is as much rocket science as chartism.The stock market runs on greed and fear.

So how will SSE make as much money currently with just networks side of thing....

I believe that the part they are keeping provides 80% of the profits.

Should be things go up, things go down.

Velo, You have a very vivid imagination.Things go ,things go down.

This gives a guaranteed yield of 7%.
Aah.If they re consolidate the shares back to the pre split price which is not unusual (1400p in the example) then the holder would have 82 % of the holding that they previously had with a divi at 5.7% .Therefore,if you had 100 share pre split, the 100 x,975 =£97.5 divi .Ex split you would have 82 shares x.80 = £65,6 divi + any divi from newco. As previously stated, all things being equal the there should be no gain /loss on the deal.

"England expects that every man will do his duty"

C'mon ENGLAND, do it for the whole nation.

Yes Glen, the very same

Yep, from my coal mining days long since past.

Rockhead, not long now for the brushing to start.

Brushing - Digging up the bottom or taking down the top to give more headroom in roadways. There's a good old mining term for ye.

As for the SP splitting in half, the current rise suggests the opposite is in play by those who want a piece of the action.

Utilities are all up this week.The ex d date is coming shortly hence the extra bit on the sp.63 p will vanish overnight.

EXAMPLE------ If SSE sp is 1400p on the day of the split 18% goes to the new company therefore old company (SSE) would be worth 1148p and new company 252p.
Should SSE re consolidate back to 1400p then you would get .82 sse shares for every one you hold +1 new share in the new company.