Member Info for courtier

I really think that Equiniti should stay over £2 now...

As a long time holder I am now properly back in profit. What I cannot understand is why WKP dropped back so badly in 2016. Still perhaps that is behind us now.

23rd May at 13.35p per share.

I feel teased. I am a long term holder of Workspace whose ethos and leaders I fully approve. I also understand that I must be patient but am finding the wait one long tease.

Another solid three month upward trend. Will unite now Stop and Drop or continue back up to previous heights. I watch with interest as a holder for some 10 years.

In three months REC has risen from about 37p to about 47p, that is 27%. So much for my prediction of dips after highs... Can the company break 50p? Easy this share picking!

Share price up from 790p to 850.5p, or 7.6%.

I was disappointed to learn in the press today that Santander are employing 371 people on contracts that promise only one hours work per week. If you do not agree with this please add your letters/emails to the one I have just sent. I suppose that one hour is better than zero, but they are hardly well paid positions anyway. There must be a better way.

All the brokers expect a positive trend here, and I am sitting on the quickest profit I have ever made, so must be patient. I think there will be a breakout to about 250p, but I can be as wrong as the experts. I feel the market is waiting for something but do not know what.

The share price has dropped back immediately, exactly what I meant about 'sticky zeros'. However it remains above 490 which is one zero out of the way. I remain sure that BNC will break 500p but expect it to bounce and dip quite a lot as it does so!

The share price is an all time high but the charts show a history of dips after such highs. We will see but I hope my plan of drip feed monthly investment will iron out the worst of the hills and valleys.

If you look at the five year chart on this page CINE has a habit of falling back from peaks but the market is impossible to read so I have opted for a drip feed monthly investment.

BNC always seems to have sticky boots when approaching a zero. We can probably hope for 490p this month or next, but expect to wait a half year for 500p, because that has two zeros. Mind you it made 500p in 2013 so I do expect us to get there but have learnt patience.

If you go to the home page of this site on the left you can select UK Industry Sectors. If you then select Banking you will see Banco San (BNC). BUT for some reason BNC does not appear on the ftse 100, ftse 200, Ftse all share lists. At least I could not find us! So what first appears a slightly daft question seems to be more real. Don't let it put you off investing as I had no problem purchasing and researching them through my dealer and I am sure any other would be the same.

To be found here (As sound as we expect): http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SMDS&ArticleCode=r00beph0&ArticleHeadline=Trading_Statement

Financial Highlights 2016 2015 Change Revenue (£m) 382.6 369.0 3.7% EBITDA prior to exceptional items (£m) 92.4 86.2 7.2% EBITDA margin prior to exceptional items (%) 24.2 23.4 0.8pts Free cash flow1 prior to exceptional items (£m) 92.6 97.6 (5.1)% Cash flow conversion (%) 100 113 (13.0)pts EBIT (£m) 40.7 10.2 £30.5m Profit/(loss) before tax (£m) 28.5 (71.7) £100.2m Earnings per share2 (EPS) (pence) 10.2 (92.8) 103.0p Underlying3 EPS (pence) 15.9 13.5 18.1% Full year dividend per share (pence) 4.75 0.68 4.07p Net debt (£m)4 251.2 262.7 (4.4)% Leverage (x)4 2.7 3.0 (0.3)x

I don't know about takeover possibilities but after holding a small number of REC shares for a few years I have decided to add REC to my small group of regular monthly investments. Hopefully this drip feed effect will even out any strange price changes but at the expense of having to wait a few years before I see any real profit. I have held them long enough to feel comfortable with my investment. My main reason for increasing my holding is the absolute reliability of their performance

I am rather puzzled that EQN has not managed to break through the glass ceiling at £2. It did of course for a few brief moments in October. A good dividend in March/April might give us the required push. The brokers talk of a price above 212p and another small rise in the dividend so there is hope!

We have passed the point in the year where our Season Ticket provides free entry, so were able to enjoy 'Hidden Figures' for 'free'. Another good reason for buying a successful share. Good film if a little 'Holywood' in style, telling the story of the unknown women mathematicians behind the Apollo launch.

I aim to reach a certain value of shares in each of my holdings, after which I take profits and stop reinvesting the dividends. This latest high means I can take £2000 from BNC to use in the small group of companies in which I invest £70 per month as a regular investment. It has been a long wait but Santander is now a profitable part of my Investments. I shall miss the regular growth from the 3 monthly dividends, but they are of course all being invested elsewhere.