Member Info for BruceJamieson

Placing is not like a rights issue except for an issue. A rights is underwritten at a huge cost whereas a placing maybe participatory as this one is or more usually these days only available to institutions. And is not underwritten.

Further Mr McLean makes the point about dividends but this INCLUDES the capital gain so the return well worth having. Taking A Wealth of Comminsense between 1915 and 1982 the S & P went up only 0.6% above inflation per annum. BUT since 1982 the figure is no less than 6.5% above inflation per annum.

Just go to Woodford's own website and see for yourself. He is far and away best investor for ordinary people

I accept your inflation figures. taking the Stock market almanac in the 1970 s the FTSE All share improved 185.7% and in the 1980s 144.3%. On the other hand in the 1920s and 1930s in the US the indices hardly went up at all whilst the economy was in deflation. For example DuPont went for about 30 years hardly increasing at all.

You imply the placing is a rights issue - not so.

Just look at the charts of various indices and you will see the increases in inflationary times. As I say divs go up in line with inflation and the SPs follow, always have, always will. Otherwise the Pe Would go through the roof.whoke basis of value investing see Woodford etc

assuming divs keeping up,with inflation SPs will nearly always keep up with inflation look at the 70s and 80s any other view is bonkers!

After the awful plunge good to see a 13% recovery today. Very volatile obviously a poor market

Have 14.83% of the company. Consensus is now buy I am taking up my new shares and some exvess.

I do not see a car crash the shares seem in equilibrium to me

It seems that polls here in Italy no better than those in the UK or USA! Here they are not allowed to,publish them 2 weeks and the run up to an election

the Economist, FT and lala Italian friends say that Remzi was too timid. He only applied labour law changes to first timers when hiring and firing should apply to whole Laboyr market to free it up. The question on the Rev paper was typical Italian convolution Fa too complicated and rambled on. The Senate has 350 members. renzi wanted to trim it to 100 to stop the gridlock rather like USA. Sadly he was then going to stuff it with appointees of his own no elections there!

The President of Italy was elected in Jauary 2015 for a 7 year TM. but this is a largely ceremonial appointment. From today's Italian papers it appears a caretaker PM will ba appointed ( not elected - again) the next election is not due until 2018 but could be brought forward. Few like Euro currency it has been a disaster for Italy since inception. Curious not one country fulfilled the necessary criteria to join including Germany. The last Euro currency in the 19 th century was a flop too!

This am sy they expect to govern Italy want to,leave Euro and also the EU. Ifvthatbhappens the whole EU will collapse. It may anyway now. Better for us to get out asap.

Following the turkeys voting for Xmas in Italy Brexit does not look very important. Seems Grexit is now inevitable too. Seriously Italy is in big do da. Not great for Germany either. Hope our dosh in Monte Paschi is safe!

Splendid news of 10 c special div in February well ahead of schedule. huge consensus of strong buys. This surely is dirt cheap.

Results does not even mention 88e think IT must be you on funny juice chum!

At his web site mentions the many companies locating to Kent from not only France, but China and Germany. 300 new ones in the last few. Years. the future is bright, the future is yellow!

Check out McCabe Ford Williams. Specialised accountants to the Frech in UK! Poppy Communications since 2008 see Telegraph, French Teachers jobs in Sdhford,a see Reed web site

A good place to start is Guardian of 9.9.14. This mentions. Sante Verte, to Ashford, Bruno Hosset to Hythe Eclypsi and many others. Believe to be about 160 so far. Thought everyone knew this. Sorry to provide facts - they tend to get in the way of prejudice!