Member Info for BIGBangs

Should see a steady rise - this is the notification actual entry to the 250 takes place on the 24th.

Super I should also say that I totally agree with you in that a weaker pound is almost entirely a good thing for the economy as a whole and I am often bemused that more people do not recognise that.

Super I agree - there are deals to be done and that gold in itself is a brilliant hedge against all the matters you have identified, I was simply stating that I would forgo a rise in gold if that resulted from anarchy in the UK - probably easy for me say and for many posting on this board - however Brexit turns out we will be fine, a JC Government night make me shudder but again my finances are such that he can’t really hurt me and would inadvertently probably give my finances a boost but not everyone would be so lucky and I do not wish to see the UK in distress. Gold rising ACA treading water but I remain hopeful of a close above £1.90 today certainly this week.

Thanks Pat only ever considered TC as a trade I would never invest or indeed fly/stay with them which probably says everything.

What I fail to understand is why the last referendum was not seen as a people’s vote and how a Project fear view of the economy is now seen as the Brexit imperative- surely the economy formed only a part of the actual debate and a downturn however temporary was to be expected on exit- my own view is that economic problems can be addressed by government action on tax relief for individuals and indeed for business - this was always the real fear of the EU. I predict that if the Brexit vote is overturned then we may well see people taking to the streets similar to the situation that we see in France against the useless Macron. I do want gold to continue it’s rise but not at the expense of society.

Thanks dimi - your comments are appreciated - not a smart trade.

Thanks Super - I agree. This would have been a purely contrarian punt into a company I do not like. I have done some more research and fail to find a reason to invest even following the drop. Might look again if it drops to 10p but other better opportunities out there not least ACA.

I remember that someone has previously mentioned that they had previously made a good return with Thomas Cook - the fall they have suffered recently has taken them to about 20p. I don’t like the sector but surely this is cheap - can anyone offer advice on this share?

The reshuffle takes place using the market cap at close of business tomorrow- I think Super is correct and we should find ourselves comfortably back in the 250 and will be back on the radar for fund managers - can only help us break the £1.90 point we have been struggling with.

Well F, I think the best thing the Chancellor could do after Brexit is remove/reduce or suspend stamp duty it doesn’t work as a tax generator and has pretty much killed the London market by itself. With regard to pricing - has there ever been a time when housing seem fairly priced? - the longer you are around the more outrageous the prices seem to be - at least for the moment interest rates are low - I remember having a 9% mortgage of £100k and thinking it was a great deal - then the hike on Black Wednesday to about 15% (I think) all of my salary was going to pay the mortgage so is it any worse now - probably just different obstacles but as long as we as a country want to buy over rent prices will rise or perhaps our green belt will become filled with Trailer Parks like the US or maybe flat pack houses like Norway will become more common - nothing changes until it does.

Well Super I think you are pretty safe with that call - having never been shy to shout the positives for this share, I will go £2.20 to £2.60 on momentum/cash flow/fundamentals/shorter exit alone and if a deal is announced with GoT then a lot higher at a time when all other shares are falling making the opportunity even greater. The only potential downside which I think is extremely unlikely (but yes I have been wrong before) would be for the shorters to have a final push before they switch to a long position - perhaps £1.50 (as many newcomers are in profit) and if they do as I am sitting on cash I will very happily double my position again. Be careful out there this market bites.

I do feel very sorry for those holding House Builders the SP does not reflect true value but the Brexit troubles should not come as a surprise this time. If you hold you have to decide if TM’s deal is likely to get through Parliament - if you think it will then they will rise 20% plus if you think the deal will fail then they will drop 20% plus from this point. It doesn’t matter that either way will not reflect the true value it will rise or fall because that is what the market will make happen. Long term there is value but short term the risk is high - happy to be watching from the sidelines.

Ok Owls do It turns out I could not help myself. The Attman Score - tests likelihood of bankruptcy for manufacturing companies- not relevant and no chance whatsoever that ACA would go bankrupt. The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The Altman Z-score is based on five financial ratios that can calculate from data found on a company's annual 10-K report. Link below if you can be bothered looks at Greenblatt Score - this test has not been accurate since 2008 so again pointless. https://www.google.co.uk/amp/s/seekingalpha.com/amp/article/4176166-magic-formula-lost-sparkle Sometimes people are just to clever for their own good or as a wise man once said - in the land of the blind the one eyed man is king.

Sorry Owls - might look them up but I noted Mark have a go at you. He is normally quite sensible - I also agree with him that BDEV is undervalued - although not as much as TW- but I think until the Brexit dilemma is finally sorted out builders will continue to fall or at least be very tricky. Mark did not take the trouble to understand ACA and dismissed your suggestion without giving you or it any consideration- that is not smart. Those of us that have been involved here for a long time know that a deal with the GoT will be agreed and that it seems likely that we will be brought out - if the tools he referred to are negative then so what - we will have the last laugh and can buy BDEV from the profit we make if we feel like it. I truly believe there is nowhere better to be invested at the moment - ATB.

Gold and Dow jump up on vailed confirmation by FED that they think rates are very near neutral - probably only rise again in December and then wait and see - much better for gold as $ falls. Could well be a very good day tomorrow.

Goodness Carney doesn’t hold back! I bet the house builders get hit hard tomorrow - with foreign earners benefiting. More uncertain will trouble uk market - does anyone think TM will get her deal through Parliament? We should do well pending a deal with GoT which will send our SP soaring let alone the premium we will enjoy on a subsequent bid - this is the best place to put your money.

Gold down $10 as I write. It feels to me that the market is simply refusing to believe that the G20 meeting will not achieve a positive result - I think they are wrong and have acted accordingly - time will tell - they not me are the experts but i am happy to simply hold cash and ACA for now.

I read the RNS as yet more proof that ACA is clearing its decks - cash is much easier to value that exploration investments. Still a great opportunity here.

Well Super if Goldfinger makes a successful bid he is likely to keep the UK listing so you might get your wish - I will exit and invest my profit elsewhere - may the best offer win!

Thanks P, I don’t follow OPTI - just had a quick look - can’t get it right every time. HOC struggling with pressure on Silver but I know Super is a fan - I still think ACA is the best bet by far but good luck - let’s hope we are both right. My dog hates going out in the rain - suits me fine!