Member Info for Clued

Marcinkus, would you include Defence & Aerospace and Oil & Gas in your 10% drop scenario for tomorrow ?!!

Harmonica, I expect the Oil price to be up tomorrow.

Sky News said the drones were attacking Israel around 1:30 -2:00 am Israel time so around 11:30pm UK time. They were well on their 9 hour way when you posted at 21:39 13th Apr. If Sky News are correct, and their times are not the most accurate I find, then the drones left Iran at c. 14:30 UK time to arrive near Israel c. 23:30 UK time.

Conger2, Aviva and Lloyds owe you some nice divs as went ex-div on Thurs so your losses are really less than the £60k ?

Not sure what impact the earlier Iranian hijack will have for next week's markets. As fas as Straits of Hormuz are concerned, the US and UK can always position military aircraft carriers, naval destroyers in the Straits to protect passing traffic though that may risk escalation. I have Oil and Defence stocks as well as IAG and EZJ so plenty of defensive hedging unless everything tanks which I doubt.

NeverMadeABadInv, I agree !! I have enough invested in the Defence sector - BAB, BA. and RR. - so won't top up. All part of my risk management !!

RobinHoody,

"Clued..11 Apr 2024 13:20

I think you are CLUELESS"

Why are you being abusive ? You have your opinion of Israel/Iran, I have mine. Please learn to respect another's viewpoint.

RobinHoody, unless you know the future, and I certainly don't !!, the question is would you bet your life that Iran will make a material attack on Israel or on Israel's interests in retaliation for Israel's killings ? I wouldn't bet mine, and you very well may be right, but the consequences of an Iranian attack on foreign Israeli interests could very well start such a serious war in ME that no-one here will be concerned about EZJ shares !!

Notrex, I'm down circa 50% myself so champagne is still on ice. At least, £11 is better than £8 even if there's still a ways ago !!

Wig1, hyped up journalists !! Iran won't attack, they know the consequences !!

Great news notrex, we may recoup our losses before 2025 at this rate !!

Pickedpeck, great post. Viva La Nina !!

TrekMadone, it's not just the time required to sell and buy back to reduce one's average. As an Irish tax resident there are CGT Rules that can make doing the above more of a risk, eg if one sells at a loss and buys back same security within 30 days then one has to set that loss against a gain one may make on the new purchase pro rata (no gain then the loss is lost !!). CGT rate is also 33% !! And no such thing as ISA's !! Thus my amusement when these boards complain about UK CGT thresholds being reduced, Irish tax free annual threshold is €1,270 = c £1,100 !! Irish CGT and Fund Investment law (41% exit tax on fund gains !!) hasn't kept up with the times and increased share ownership.

Paul30661, Had a call maybe 10 years ago from a scammer trying to buy my Unilever shares and saying they already owned over 30% !! Kept the guy on the phone for 30 minutes, probing him about his knowledge re legal requirements to notify the markets at different ownership thresholds, he hadn't a clue it seemed !! My view was that I'd wasted his time and maybe saved someone else being scammed. Tbh, view these scammers as filth. Unilever encourage investors to let them know so that they can forewarn others.

NeverMadeABadInv, you were ominously missing from this board today, when the Defence sector was hit by a manipulative (criminal ?) article from Goldman Sachs, after your "buy buy buy" post on 4th April ?!!

Kazinga, there seems to be a lot of underhand things being done by the Market Makers at present. I presume the FCA is meant to monitor them and should be sample auditing them every week to keep them on their toes. GS knocking the Defence sector today is another example whilst at same time upping some individual price targets within that sector !!

Yes, GS upped their TP for BAE today whilst at the same time obviously trying to knock the sector and looks like Market Manipulation to me. GS also upped the Rheinmetall TP whilst knocking it back by c 15% initially. I've emailed the paper tiger FCA about it and am patiently holding my breath awaiting a reply !! The FCA need to find some guts and tackle these US banks, JP Morgan are also constantly playing market games.

Yea HereKittyKitty, and very surprised the sp is down today. Cyber security with AI is one of the most important sectors currently and becoming even more important.

R_fan, Anyway fwiw, I've just 'wasted' 5 minutes emailing the FCA with my thoughts about GS's intentions today, and also mentioned SHEL's comments yesterday re UK Markets !! Interesting to hear their reply !!

Nomdeplume, I wouldn't classify Defence stocks as "momentum" as they are on a long trend upwards. Defence spending simply has to increase and stay elevated or Europe won't be able to defend itself and will be invaded. I don't think many Joe and Jane Publics have really accepted the changed scenario yet. I'm in my 60's and available for less arduous military duties, eg manufacture of weapons, sniper position (have some military experience), etc... We need to do whatever has to be done. Cameron is in US today trying to get the US Republicans to release the funds for Ukraine because Russia, North Korea and Iran and others would like nothing better than to take back Eastern Europe and ex Soviet Republics for a start whilst China takes Taiwan.

R_fan, shares have a lottery aspect to them. Perusing the Global Ratings changes today and hey !!

"Goldman Sachs raises Rheinmetall price target to 606 (381) EUR - 'buy' ". This is what I found !! Goldman Sachs are as bad as JP Morgan (remember the May 2023 RR downgrade followed by quick reversal in Jun/Jul !!) !! Total Manipulation by GS today.

If Rheinmettall are that overvalued then why price target them higher than before their drop today - so GS and friends can buy cheaper !! The FCA needs to investigate this clear market abuse.

R_fan, "bet their mates make a fortune at buying at the lows".

A resounding Yes !! Manipulation at its finest, now where's the FCA ?!!