Member Info for CHEQUEMATE

When I am in that position I ask myself a number of questions: 1. Are there other companies in a better position to invest in?. 2. Am I happy with the amount of exposure I have, or am I prepared to take on more exposure?. 3. Is this the best time to invest further, or (in the case of a falling share price) will there be a better opportunity at another time?. Prefer to invest into strength even if that means not investing at the lowest price. 4. Will I be able to rest/sleep easy if I invest more and the share price falls?. 5. risk v. reward - is there sufficient upside to make it worth investing more?. For me the best motto is: if in doubt, don't. But having said all that; I know and fully understand your position. Good luck Regards CM PS Nice to see someone else posting here, thanks.

So, now we have it; the reason for at least todays fall in the share price (see article below): http://www.lse.co.uk/ShareAllNews.asp?shareprice=RTN&code=5u02725x&headline=Restaurant_Group_Expecting_Earnings_Rise_In_2015_But_Cautious_On_2016 Some rather un-necessary comments by the Restaurant Group hitting companies share price that are in the same sector. Comparing the 2 companies share price graph is quite revealing. I posted yesterday that I thought the share price of CAKE had got ahead of itself, it was over valued. Now it is surely much more of a realistic price. Need to some some consolidation at this level. I never like to see a companys' share price rise too quickly, even less a share price fall so quickly. Lets see where we go from here. A long term hold more than likely. Regards CM

On the back of general world markets being down badly largely. Also there was a report out saying that the building sector was experiencing a shortage of builders etc. and that could effect the growth rate of the sector. Companies were set to see their costs rocket due to having to pay higher wages etc... You know, there are certain people out there who are only happy when they are flippin' miserable!. For goodness sake. Probably a short term dip, emphasis on the word "probably". Top up time?. Hmm, not for me; I am content with my holding and don't want more exposure. Regards CM ps Provinding there is no bad news out overnight from the likes of China and the DOW holds up, up 274 pts at time of posting, then I think tomorrow is likely to be a better day. Lets hope so; my relatively less risky portfolio got kicked today and took out a good deal of my overall profits.

Quite a fall on relatively low volume. This share does seem to be quite volatile and illiquid to trade; ie small volume can lead to larger movement one way or the the other than could be expected with other more liquid stocks. I believe the share price did get ahead of itself, but nonetheless, rather surprised at the fall over the last week. Perhaps at this level it is more realistic. No news as yet to suggest a reason for the fall today. Regards CM

Good to see MSLH mentioned in dispatches. http://www.lse.co.uk/ShareNews.asp?shareprice=MSLH&code=hncsgms6&headline=Flood_cleanup_promises_silver_lining_for_UK_construction_firms CM

Been there, done the course, read the book, got the tee shirt!. I have made the same mistake as you on a number of occasions. If it gives you confidence; I have been able to make up the losses made elsewhere over time. One of the tricks (?) to successful investing I have found is to know when to take a loss and get out of a share, sooner rather than later. Taking a loss to never easy and can be painful, but generally once out the feeling is of relief. There are so many good companies to invest in, it never fails to amaze me that investors get so blinkered by their holdings with many throwing good money after bad by averaging down. Live and learn indeed. Welcome back and good luck. Regards CM

Bit of a tree shake this morning early on possibly. Maybe the market was wanting some shares and knowing a lot of pi have a stop loss around the 10% mark they shook the tree. It happens. And if we have a stop loss it is a risk we take. Annoying yes, but re-assuring should it not be a tree shake and something worse. CM

Very good article well worth a read. Good to see INL is mentioned. http://www.stockopedia.com/content/new-year-naps-top-stocks-for-2016-and-a-few-revelations-116820/?utm_content=buffer3cb90&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer On a day when most housebuilder shares have fallen along with the main market, it is good to see INL held its' head above water. CM

Indeed.. My post was made slightly tongue in cheek. Have a good Christmas all CM

Good evening BT. Thanks for the post; always good to hear from you. Well, I trust you got the dead bird in a box, lol. Oh the joys of Christmas!. I keep telling folk at work Christmas was 12 months ago, why all the fuss?!. Usual situation, don't think about it until 1 December, then postpone thinking of it again for 2 weeks, then realise, oh blimey, guess I ought to do something about it quickly and not leave it to last minute panic. No bird for me, may have salmon, or being on my own this year I may just resort to egg on toast!. Humbug?, no, I have a bottle of Glayva to crack open. Did think about a Jura, but would like to taste it first before making a decision. Actually, not sure egg on toast and Glayva go together, but there is always a first time. Weather here in Cumbria has on the whole been truly awful BT. Today has been a rare day of a good amount of sunshine and with it being my day off I took advantage and got out to enjoy it. Need to make the most of it because tomorrow it is forecast to rain again before Boxing Day sees a return to rain, gales and floods. I am fortunate enough not to be directly affected at home by the flooding, although a friend of mine in Keswick has been flooded out again. Driving to Ambleside, where I work, took 1.5 hrs on Tuesday, rather than the usual 45 minutes due to the flooding. I wonder if we can buy shares in the weather?. Yes, GBG has done amazingly well this year. Not surprised at the retrace. Well done for sticking to your guns. There are a couple of trading days left to the year. I am hoping my present holdings may all be in profit come year end although it may be a close call for a couple of them. I agree with your view of the overall market in the UK and the USA being in pretty much fine health. Interest rates will be an issue I am sure this next year. It is a strange situation when the market panics at the thought that interest rates may go up despite it being a sign of a strong economy and panics that they may not go up because maybe the economy isn't as strong as they thought!. Bit of a no win situation. Personally I think it is deliberate to try and create a market where investors are wanting to buy and sell at the same time, after all a quiet market is absolutely no good for the market makers, although it may do our mental health a lot of good. I think what may cause most volatility in our market is the issue over our membership or not of the EU. I think many folk will not think of the bigger picture and may vote with their emotions, which like investing, is not necessarily a good idea. And then of course there is the "unknown unknown", the something which comes out of the blue which none of us can foresee. Oh glory!. Am I getting too old for this BT?. Well time is getting on my friend and if I don't get to bed now, then SC won't call!. I truly hope you and your family have a great Christmas and New Year. Regards CM

Nice to see a director buying a decent amount of shares, 10,000 at 323.5p. That surely is a sign of confidence despite the share being down again today. Rather ties in with my last post. CM Anybody else here?.

Or it could just be he wanted to take some profit having seen the share price rise considerably over the year. This isn't the first time he has sold some shares immediately before Christmas. He still holds over 13 million shares. Had he sold a third or a half of his holdings plus other directors doing the same then I would be more worried. Perhaps he has some late Christmas shopping to do and hasn't bought his wife anything yet!, Re dividend - ex divi date today would explain why the share price has fallen to a degree. The additional reason could be that most of the housebuilders are down on the day. Although we could be a little disappointed that the share price has drifted down a touch, I would have bitten their hand off a couple of weeks ago for the share price to be where it is today. I prefer a steady rise in share price with a support base rather than a share shooting up with the support being some way lower. A period of consolidation would not go amiss. I wish all a Merry Christmas and a Happy New Year. "Live long and prosper". CM

Good evening BT How are you doing?. Sorry it has been a while since I have been in touch. I am actually watching a programme on TV showing the chaos caused by Storm Desmond a couple of weeks ago, which hit this area very badly. Fortunately where I am was ok, relatively speaking. I happened to be off work that week which was just as well because I wouldn't have been able to get to work, or perish the thought not been able to get home!. The main road to Kendal from where I live was closed as was the road to Ambleside. The main road through the Lakes from Grasmere to Keswick remains closed due to landslips and the road being torn up over more than half the width near Thirlmere. I understand the Army are working on it. Rumour has it that the road will remain closed until Easter, although I think it may be open before then. And still it rains here. But at least not the 2 months rain we had in 2 days. One of the local valleys to me became just one vast lake, no sign of any road and farms and houses marooned, cars flooded up to their bonnets. The Thursday evening before the storm I was out training with the search dogs. We walked out through the woods with water half way up our boots (no worries), an hour or so later we were called back in with the river rising and the water now maybe 4 inches higher!. Oh the joys of training!. Anyway, we have survived. Laughed at your description of Jake!. Yes, they all have their own character. I have been out with a 4 legged friend of mine today. She found a ball very early on (usually a stick), and I had to roll it for her for pretty much the whole of the 4 mile walk. She just followed it down the road, watching to see how far it would roll before it stopped. Her game is to wait for me to bend down to pick it up and just as I am about to get my fingers on it take it out of my grasp and walk on. The worst game is when we are nearing home and she just sits down whilst I go on and wants me to go back but if I do she just repeats the above game!, I HATE that game, it drives me mad!. But I love here dearly. Anyway........................ GBG seems to be jumping around a little at present I see. Up 6.50p today though is great. Gosh, I remember when I invested a 6.50p rise would have equated to 10%, now it is just 2.5%; not uncommon for a share, although 10% is. Shows the strength of the company over time. And some investors, so called, just moan and groan about the AIM market, complaining it is full of crooked companies and manipulation. Too busy trying to get rich quick by buying the high risk/high reward shares - only to find there is hardly ever any reward with those companies. Well, I think Santa is not rallying to everyones joy. One or two of my investments seem to have benefited, if that is what it is down to, otherwise the others are keeping their head above water if not by much. Have a great Christmas BT and Mrs BT. Enjoy the Jura Best Wishes CM

Well, who ever it was who bought on 8 Dec (mega buys) - see my post on that day - must be very happy. Is SANTA stocking up on his CAKE before his fly by on Christmas Eve?. CM

Nice to see BlackRock have increased their holdings to above 5%. They must have SOME confidence I guess in this share. CM

Hello capt., long time no hear, how are you doing?. I hope your investments are doing well. I have been stopped out of a couple of holdings a few weeks ago, and naturally since then they have recovered!!, nothing new there. I have been close to re-investing again but didn't want emotions to come into it. INL has decided to show some legs over the last week. Are you invested here?. It has been a while since we were in touch, so good to see you here. It has been good to see how the share price, and the market generally, reacted to the rise in itnerest rates across the pond. It has been taken positively, which makes me wonder just what the reaction would have been had the rates been kept on held, pretty poorly I think. I do not see the interest rates in the U.K being raised in the immediate future and when they are I believe it will be a slow process. If you are coming over to Cumbria this weekend, be aware that the A591 from Keswick to Grasmere is closed (the main road through the Lakes) due to land slips and the road collapsing over more than half the width in another place. The Army is working on it I understand, but there is rumour the road may stay closed to Easter. So, should you wish to visit South Lakes from the North you will need to either drive via Ullswater and over Kirkstone (the road at Glenridding now open), or right around via the A6 or M6. End of travel news folks. I will keep posting no doubt on here and other boards. Have a good Christmas and New Year. Regards CM

"Current Trading The Redde Board is pleased to announce that the Group’s strong start to the year that we referred to in our announcements in September and October has continued through into December with increasing trading volumes. The Board is also pleased to note that the FMG group has traded well since acquisition with a good pipeline of new business opportunities. As a result of these factors, trading profits for the six months to 31 December 2015 are now likely to exceed our earlier expectations and will be materially ahead of the corresponding period last year. Results for the 6 months to 31 December 2015 and Interim Dividend The Board expects to announce the results for the 6 months to 31 December 2015 at the end of February 2016. Based upon trading to date the Board would expect to declare an interim dividend at that time of not less than 4.40 pence per share. This would compare to an interim dividend of 4.00 pence in respect of the financial year ended 30 June 2015." A good update indeed BCCS. It makes my decision to sell at around 155p a few weeks ago now mistaken. " As a result of these factors, trading profits for the six months to 31 December 2015 are now likely to exceed our earlier expectations and will be materially ahead of the corresponding period last year." is key. We all make mistakes, most can only be seen in retrospect. I will see what price I can get on opening to buy back in. However, opening price is very often not the best price to buy in at. Good luck all CM

Just as an exercise I have had a look at companies that may be promoted into and relegated out of the FTSE100 index come the next revision. This can be useful, because when a company is promoted into certain indicies then some institutions will have to buy into them (I think). At such times it can be a very good time to buy into or sell out of a company in advance. I have found a website which seems to give such details. It is www.stockchallenge.co.uk/ftse.php. Just out of interest folks, nothing more, no advice intended, make of it what you want. Right, to bed!. Regards CM The link below may (or may not) work: http://www.stockchallenge.co.uk/ftse.php I have copied this post over from my post on ITV, which is why you may think it is irrelevant to INL. It may just give something to think about that is all.

Reaching 80p may prove easier than staying above it in the immediate future. Don't be surprised to see a retrace down to possibly mid 70s. Don't be alarmed if it happens (unless it is on the back of bad news). The share price is now above the upper Bollinger Band so is likely to retrace to somewhere below it. I concur with Cornishs' sentiment that a steady rise in share price is preferable, even if to our eyes the share price is catching up with fundamentals and prospects (which don't necessarily count for an awful lot in present market conditions). I would like to see a support base being built around the mid 70s before this pushes up too far too fast. Slow and steady. TomE - there may well be another buying opportunity in the near future should you be considering buying back in. But, with respect, don't let it be an emotional decision for you -experience has taught me that letting emotions into my investing decisions (selling or buying) very often is a recipe for disaster. Head over heart every time. And very often it pays to buy back into a company even if the share price is above what we sold out at previously. Good luck all Regards CM

Taken from todays' RNS: Stephen Wicks, Chief Executive, commented: "The Group is on track to deliver another significant set of results for the current financial year. "Our strategy of focusing in Southern England continues to position us strongly in our own market and we aim to take advantage of the current favourable economic environment to capture further opportunities. "Looking forward, we will continue executing our unique land bank acquisition strategy, as well as crystallising value on existing plots, delivering further shareholder value." Lets hope this sets the week off positively with a good run up to Christmas and beyond. Regards CM