Member Info for Cruusoe

Javid appointed him as a ‘safe pair of hands’. Flopped in his last role too. Taxi for Bailey.

Yes, 13 Oct, realised that when out with dog.

BOE trying to stabilise the gilts market. Financial stocks like LGEN and AV under pressure, both down 3.5%. They should bring back the noose.

A nice 4.62p, payment 18 Nov. Bought a few more at 88.4p.

Good start

GBX 260.20
7.61%
+18.40 Today
Oct 10, 8:18:35 AM

Bought just over 500 @ 238.72. Share price should be higher for this company. Happy to add more if price is right.

How much fines have they paid over the years?.

https://www.bloomberg.com/news/articles/2022-10-05/barclays-to-pay-2-million-fine-over-stock-trade-routing-lapses

As “essential goods”. I already stopped buying their products after they raised prices over 10% on their brands earlier this year. Further rises expected.

https://www.lse.co.uk/news/LGEN/cbre-joins-other-uk-property-funds-in-deferring-payments-vxcgxfv9if563fg.html

barchid - my renewal was up 17% so I phoned them and said AA are desperate to get me back but I have been happy with Direct Line last few years so what can you do as this is your last chance?. They waived the 17% rise and just paying extra £6 now. If you don’t ask you don’t get.

Michael Gove explained that if you had listened.

Before you start squealing he is not an employee anymore I would like to see your answers to potential money laundering charges. Extract from Guardian article below and link at bottom. It was ML’s idea, started the company, named it and partly funded it.
I may buy and sell shares for short period like recently but it’s difficult to be long term holder with threats abound.

Among the risks attached to the initial public offering, Darktrace admitted, was the prospect of liabilities arising from the Autonomy sale.

These included potential money-laundering charges, should the proceeds of that deal be found to have funded £6.6m in start-up loans that Lynch’s investment vehicle, Invoke Capital, extended to Darktrace as it grew.

But the links to Lynch don’t end there.

According to one person familiar with the company’s early days, Lynch was far more than a source of funding.

“He gets reported as being an early investor who gave them some office space,” they said.

“It was his idea, he was the creator, brought the first people in, named it, named the immune system [the AI cyber-defence system that has become Darktrace’s flagship product].”

Up until earlier this year, when coverage of Lynch’s trial reached fever pitch, he remained a member of the company’s science and technology advisory council. Together with his wife, Angela Bacares, he still owns more than 12% of the company.

https://www.theguardian.com/business/2022/sep/07/darktrace-future-clouded-by-concerns-over-culture-and-case

https://www.bbc.co.uk/news/business-63065413

From BBC business

Mortgage deals have been withdrawn by some banks and building societies after a fall in the pound fuelled forecasts of a sharp rise in interest rates.
Yorkshire Building Society joined Virgin Money and Skipton Building Society in halting mortgage offers for new customers.
Halifax said it would stop mortgages with product fees.
The Bank of England said on Monday it would "not hesitate" to hike interest rates after the pound hit record lows.
Economists now expect interest rates to more than double to 5.8% by April, from the current level of 2.25%. Interest rates had previously been forecast to hit 4% by next May.

Dragging DLG down

Trust them re-investing my dividend - ugh. Think I will just wait and pay the fiver to buy shares when it suits me.

https://simplywall.st/stocks/gb/retail/lse-jd./jd-sports-fashion-shares/news/investors-could-be-concerned-with-jd-sports-fashions-lonjd-r

Alessandro - On Thursday Quiz said Cowgill - its non-executive chairman - had bought 410,000 of its shares on Wednesday on the London Stock Exchange. He paid 12p for each share, spending a total of £49,200.00. Following the purchase, Quiz said Cowgill's interest in the company was 503,168 shares, representing 0.4% of its issued capital.

In my IWEB account today for automatic reinvestment. Maybe better pocketing the cash.

Just as well. Only in two days so a big two pound profit.