Member Info for CrystalBallBroke

oh i see, not sure, there's been so many RNS's lately regarding various holdings it would have been easy to miss.

Results out, market seems to like, i missed my chance to avg down i think, but, that dividend means they cut the yearly dividend by nearly 50% that hurts

yeah could be right there, it's bobbing around my average so for now i'm comfortable, if it drops into the 240's again i may be tempted to add to it, but i'd need to look carefully at my averages etc.

"I am calling a closing share price at £2.58 or below today. History has shown that people start to sell going towards close."

that could simply be day traders selling up, although i'm not sure if this is an ideal share for that right now, although i could be wrong, as i frequently am!

i'm sure it's "very cool"..... right up tot he point they have to use said 3 wheeler and trailer in the pissing rain lol

been watching this one closely as i need to average down, but didn't have the funds at the recent lows, so the question on my mind now is are we going to see a sustained recovery

What are you asking Temple ?

agreed, usually it is fairly stable, and as you said, i may be in the same situation whereby i could beat the dividend so to speak given the right circumstances, however, when i combine the value of my holding, a potential drop due to the brexit mess, and the anticipated ex-divi drop, it may well not prove as stable.

I bought in initially on the brexit vote drop, although not at it's lowest, i was fortunately in my cash isa conversion and funds transfer timing into here to be able to get a very good price.

That is indeed interesting, thx

good luck there, i know that hurts selling at a loss.

fair enough, so... whilst we're all waiting and seeing, lets play the target game....

where is your current thinking in regards to a target set at, to sell regardless of politics ?

Personally, i've seen the 300 point as a long term goal right form when i bought in, but am not so sure it's full attainable at this time, and should it spike over, i suspect it will not be maintainable, to that end, i have a target of around 296 in mind, at which point i'd likely sell at, i still need to look closer at the figures based on my holding to see if i'd take that plunge before the ex-divi date, there may be a point where it's cost effective for me to consider that and then buying back in on the dip after the ex date.

the petty childish behavior of post removal is now tripping over from other boards to this one, and my posts from here are being deleted as well.

this whole site is a joke.

hahahaha, costly assuming there's a trading fee also applied lol

yeah, that'd be like asking GR of PREM to not draw his salary every time he fails to reach performance goals.... fat f'ing chance lol

I know the feeling robins!

I missed the bottom of the recent trough, i did have a limit buy set, but it didn't execute, missed by a few pence i think!... annoyingly it then recovered above what would have been my new average, which would have allowed me to be out the door faster than a greyhound out the trap chasing a rabbit!!... unfortunately, the rise seems to have stalled out about £1 short of where i currently need it to break even.

oh well, time to stick these back in the bottom draw until the next massive drop, which i think will probably happen, they were never worth over 1000 let alone the fanciful 1122 they valued them at, and currently they can't even break 950 and sustain

not 100% sure without doing some reseach, but as i sold out already, i only keep a casual eye on here to see what's going on.

My gut reaction is that it probably wont complete in the time frame your worried about, although i'm by no means an expert in these matters, the last time i was in this situation, it took longer than i expected, hence why this time i took the option to leave at a price over the offer and which also covered my trading fees.

As for why it's still in the 630's I am at a loss to explain, i'd have thought that if a counter bidder was in the wings, that they'd have shown their hand by now, unless in some weird way, it pays for the company acquiring DCG to hold more of the shares prior to the deal completing, but i'm purely speculating on that.

yeah, my target was always short of 600, and i did hold a little over my target and got a good price, but my intention was always to buy back in with that money, i just got stuck in DCG for a lot longer than i'd planned, and then when the takeover news hit there, i jumped out at 5p over the guaranteed price, turns out a tad early as it went 20p higher, which was just odd!

Annoyingly, the price here was a tad lower a few days before i had the funds, and then dropped lower after my purchase, if that was the bottom i'll be happy.

what stopped my average being lower is i put in a smaller amount initially when it was still over 300, and then bought some more in the 260's, but, i have now ended up with a good few more shares than i had originally, for what has turned out to be a small amount less than i got when i sold, so more shares for less invested and took some small profit, happy with that.

Avoiding trying to play the trading game may be my only problem, lol, too many of my shares i've failed to sell when i've been in profit, and ended up watching them drop into a negative forcing me to average down to stand any chance of recovery.

This one i still think, at the end of the day, when the dust settles is going to be worth 450-500 as a sensible price point, so longer term is my sights with this, will have to see what the dividends do, a confirmed support of the sort of % we've been receiving may well see a number of people re-investing which will shore up the SP, counter to that is our squabbling politicians who seem unable to do anything that is remotely relating to the interests or wishes of the english people that have had enough of foreign interference, and quite frankly they don't seem to be capable working together in any shape or form, so could potentially cause market chaos.

uk, this is looking a little better, if that was the bottom of the recent dip, i didn't doo too bad, we're already back above my top up price, and we're only 10p below my current average, so all in all i think i'm happy with my current investment, time to hold and see how we do, and see how the dividend holds up.

well i got caught trying to chance my luck and be greedy, was waiting for a chance to get in if it dipped sub 12p ....... got that one wrong, oh well, enjoy the bounce guys

just trying to see both sides of the coin so to speak, it could be as i described there, or there could be other beneficial reasons for the secondary company creation.

Whilst things are dire, i have not sold, i still have money invested, and, by risking throwing good money after bad, the potential upside to this is that i could reduce my average by 70% give or take, which would give me a better chance of recovering my investment in a shorter period of time if a good enough recovery is made, as it stands right now, can i see them getting back to my current average.... not this year !

oops, meant "manipulate certain assets away from the main company and pi's before...."

......interesting, can someone explain this to me please.....

I did a dummy buy for a value of £1476.10 of this, £11.95 is the trading fee.
So shares to the value of £1464.15 at the offer price of 0.05p exactly, should have come to 2,928,300

but.... the offer came back 1 share short, at 2,928,299

1 share is neither here nor there in the current scenario, but i am curious to see how the rounding scenario works, because, as i see it 1464.15/.0005 = exactly 2928300

@GreenWolf i thinkk you may be right, they know the gravy train is running dry, they know 90% of "investors" are screwed and can't leave, they have seen how poorly the open offer was received and how low peoples opinion is of them. This new company creation thing stinks to me, it's like they are trying to manipulate certain assets and the pi's away from the main company before cutting it loose into insolvency.