Member Info for chris1308

Rights Issues Fears will drive this SP down. maybe new shares at £4?
the coy must be bear their borrowing limits I guess paying staff furlough , leasing charges, rents etc. No doubt the Board will still be paying themselves huge bonuses adding more fuel into the fire !

God knows how much that planned capex spend on new planes cost - did Stelios manage to call a force majeure on that outflow?

anyone getting calls from some f_ing shower trying to dupe shareholders into some nonsense of buying my shareholding for £8+ ?

apols meant to write " not one to miss a bargain"

yeah she went big! Not
still its all good for the party

glad to be out of TSCO despite realising a Capital loss. Should have been more vigilant and sold out much earlier but foolishly trusted the BoD.
Ready to buy in again below 200. but for now Im shopping at SBRYs and Waitrose - quality and experience is vastly superior IMO

yes- the US is the graveyard for nearly all UK coys. they have no idea generally what they are getting into and the lawyers always stitch them up. Once you hear that GS are involved, then rush for the exits... there can only be ever one winner and that is always GS.
actually I always thought what are the brits paying billions for? they've have been better off getting into bed with google instead of frittering away US$30 billion. instead the directors preferred to give themselves a headrush and believed in the masters of the universe . aww well, its only paper money

not even real trades they are UT (uncrossing trading's) just paper deals between traders :(============================there is no such thing as an unreal trade .IMHO ... this is the slush account device the market makers / brokers use to manipulate the price and avoid stamp duty. if one only knew the shenanigans that operate within these nominee accounts, your eyes would pop.

That's exactly what DRIP is, a haircut exercise.... ramp up the price in anticipation of the payout, the watch the price fall back ...
Having sold my stake at 240 to avoid being taxed on the SD , I realised a capital loss but once the 30 days are up, I'll be content to come back and buy this stock when it revisits the low 200s ... I reckon it will be closer to 205 come April.

Sorry for all the LT holders with uncrystallized losses in this share, but the way the market is being played , one has to change their approach. It seems as if a stable business trades profitably and pay a dividend, then it's open season to be attacked by the algoes .... it's like staying with the same insurance coy or utility provider yr after yr and expecting to be treated fairly or being rewarded for your loyalty. That day has passed.

well said Tigra,
I got out of these at the last minute (240 only) otherwise I'd have had a shedload of tax to pay on the bonus income Dividend. However that crystallised a capital loss - so much for rewarding LT holders ! all they had to do was issue B shares so that each investor could time their ideal time to sell. But IMHO the deal was a stitch up to augment HMRC tax take , the Registrars and the legal teams ending up being the only real beneficiaries. But there's no point in bleating on about that Drastic Dave tactic any longer...
remembering " fools and their money are soon parted ". Still looking at the gradual fall in price I'll be a TSCO rejoiner when it get s back into the 220s ... like CSDI , my buying is mainly a strong signal to sell [ and vice versa)

Since we have got used to shopping at TSCO , it goes against to grain to shop in places where we dont actually own some of the store , hence the decision to rejoin . Shame that Waitrose has no quote - their pizzas, freshness and range of food beats Tesco. Dractic Dave needs to send his team of buyers there and copy a winning formula

Apologies... I read this as a placing rather than an open offer. My bad ! So we can all join the queue to top up.

I think the point is that the 3 major shareholders are issuing the shares to themselves at 210 by way of a placing.... no crumbs for the other shareholders.
Surprised they didnt give themselves the shares for a quid when they were at it

I dont understand the fund raising - as its a placing rather than a rights issue, doesn't that mean the PIs have no chance of getting hold of some of the shares at 210 p ?

confused -

Im with Tigra on this .... why are people not accepting that this SD has been of NO benefit to the shareholders?
just as Lloyds and the banks became an ATM for the false claimers , this SD has been an event for TSCO to enrich the government coffers. ... the dividend is included as income and subject to Income Tax when you complete your Self Assessment ( allowing for the miserly £2K which used to be £4K not too long back) .

It took me ages to accept that I am not going to be a penny better off , in fact shareholders have again been cruxified by the BoD .... a repayment of capital has been given to us as income . So I'm an ex-TSCO shareholder until the price falls back to the 220 range which it probably will.
GLA
chris

if you divide your holding by 19, you will just have a fractional amount ie the remainer amount will be less than 1 share .

so say you have 78 shares
divide by 19
the remainder is always less than 1 share - that's all you lose/donate to charity.
hope that helps

-surprised to see the sp down this morning - had a flick thru the trades screen - lots of buys and a number of sells of 3 and 4 units. so its the same ole' manipulating trading.

surely the regulators need to be asking questions and bring these blighters to account?

all those investors who invested into oeics/ unit trust tracker funds have suffered annual management charges with no growth over the past few decades . Small mercies that private investors at least have received dividends.
So two things that are being raised here - why is the Regulator not concerned at the shenaginans of the shorters / hedge funds who are treating the market as their private casino. I wrote to the regulator who acknowledged the letter and that was it.
Several weeks back I wrote to all the email addresses on the GSK corporate investor relations to enquire why they were engaging in unnecessary expensive scheme to separate two complimentary businesses just to enrich the City bankers and 2. what steps were they taking to assure shareholders that they were checking for evidence of share price manipulation. Not a single one of them replied.

Has anyone any bright ideas what is the most productive way to generate a response from the many Pension Fund managers and Life products managers who are actively loaning out stocks to these manipulators? - the hedgies etc cannot operate unless they have access to the stock initially . As I write Im thinking its maybe the appointed Actuary who needs to sanction this lending of the stock to the institutions ? I remember some years ago the L&G saying they would loan the book out but they were the only company who took this stance - not sure if that is still the case as Greed and Free money is an insidious habit if left unchallenged.

Remember to enter a limit sell price on your holdings in your brokerage account - it might stop the rot of your brokers loaning your stock

*before* the accounting scandal broke (just before "Drastic Dave" came in)....

Hmmm! my memory of any alleged scandal was it halved the share price from which it never recovered. in my head what happened but shoulda happened was not one of the Board of top management was fined or jailed nor fired .

So reading the script from an episode of criminal minds or TV drama ...
Act I .the case goes to the courts and the prosecution public defenders / fraud squad / or the regulators lose or abandon taking the case all the way because "basically lads , it was just an accounting practice of booking profits into an earlier period ". the general gist was apparently none of us mortals would be able to understand what actually was lost. no one had benefitted and it was victimless - no smoking gun? no body ?
Act II - But as per, it seems that as usual the shareholders were left to carry the can and to bear the fines. Enter the new bush - who idiotically holds up his hands up and just paid a hefty fine unnecessarily. Easy peasy guv... it wsn;'t his money and how hard can it be to sign a cheque over thanks to it being funded by the innocent shareholders. in return we'll cancel their dividends indefinitely
Act III
Naturally this precipitous action disgusts the likes of the Warren Buffetts and other market movers who watched on and just couldn't believe the stupidity of the collective Board to rollover and wondered about their sanity and who was giving them this bad advice.
another set of auditors found it had been going on for year and yet nobody thought it worth a mention in the audit report or in the notes to the accounts over those years. Strange isn;t it that the signing accountants didnt have to pay any fine? but that's a small detail surely ?
Act IV
Meanwhile the PR people doubled their efforts to ensure that the new boy and the others perps were all some sort of heros of the hour when the truth is all they did was undermine TSCO and made it a stock to avoid in the future ...
POst Script
Heevy and the other 3 go on to make further personal fortunes and did not return a single penny of their inflated bonuses.

That was my understanding of what happens when the top management brand themselves as heros .
Epilogue
the canadians look around and find a great plc and make a bid and replace the management and send the germans packing home (again)

Even this SD is another instance of accounting trickery so it seems like nothing really much has changed- has it ?
of course the institutions love it because they need liquidity to pay the annuitants and this is like manna. What I cant figure is why the stock isn't rising closer to £3 - maybe next week, they'll all pile in .
ANY of the above is all pure conjecture and no offence intended ...life's all a play

Shame GS dont state the date they issue their research. Bet it was circulated several weeks ago to high net worth paying g clients . then as it's old news and circulated to all and sundry, the best tip is to do the opposite of these charlatans

Brokers notes follow a trend of 90% buy recommendations , 5% hold( ie look to sell when you can) and 5% sell.
They are not independent research as the brokerage house will have front positioned themselves ahead of their research units issuing their analysis ... GS are the clearest examples of this ...
Secondly , brokers are selling their services so hence the incentive to recommend you buy.
Overall effect is that the research is not independent nor reliable..... but it does pay exceedingly well ( for the brokers)... you and I are the fodder

Btw... good posts Mr pyueck.:))