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3 broker updates
incl 1 re-initiate
1 same (Deutsche @ 250p still - must be mad - been saying that for 2 yrs now)
1 down from 155p to 150p
Funny how some Brokers can move the SP and others have no affect.
GL to all the brave VODers
Cheers - C
Chat messages so far today = 67
Trades so far = 72
LOL
Funny enough I was in similar position.
Managed to sell last batch at 46.7p on 29th April to break even.
Lucky timing and those proceeds were put into POLY - a big risk/reward there.
It was my previous batch sold on 27th april that went into PSN - a similar choice to your TW.
both of my current holdings (POLY & PSN) are longer term investments.
If I come back to LLOY it will be short term trading in a SB account. Also considering VOD to trade, as both LLOY & VOD offer small trading opportunities as both beaten down over the long run. Both seem to be permanently out of favour, and always find a way to disappoint long term holders LOL.
Cheers - C
Stressedout
Why wait for break even ?
The question to ask yourself is
1. Would I buy LLOY today, if I was not already invested - simple yes or no
And then, is there another share that I would spend my money on.
I have recently sold Lloyds and put my money into PSN.
I am still interested in LLOY as I think it offers a chance to trade.
My original plan (early april) was to buy below 45p and sell at or above 50p, but now I think 50p may take much longer to get to, and a more realistic plan is to aim for 1p profits (approx 2-2.5%) using a Spreadbet account. This is very risky if you leverage too much and the SP heads in the wrong direction. So I've been following LTI's SB history and lookingto jump on the bandwagon in due course.
GLA - C
A1 - yepp we know buybacks are happening
what was our divi for 2021 - all of 2p
what was our divi for 2018 - yepp it was 3.21p
Great progress .... not
And now compounded by throwing money down the proverbial toilet in the name of creating shareholder value via buybacks.
It would be much better if they had just spent the £2B on a special divi - worth say nearly 3p.
and you're happy with the jam tomorrow illusion that Buybacks generate.
So it's a NOT like it from me - but I know it won't change anything. Rant over LOL
GLA - C
Fair Analyst
Reading your posts reminds me of Ronny Barker's sketches on behalf of the peoples of mispronunciations !
Your autocorrect needs some work LOL
Volume has almost disappeared now -well below 1M shares traded.
Silly spreads to stop the traders too - has no affect on me as a LTHer.
Good to see a little rise in SP, although cannot rerad anything in to it with this low volume.
A bit like normal mid summer trading - low volumes - but exaggerated moves in SP.
Let's hope VP runs out of steam too, hails some sort of Russian victory, and retires (I wish).
It may be we cannot get back to £15, but no reason why we cannot start to climb back up that wall of worry.
GLA - C
Evening all
Just come to collect my gold medal award for outstanding guess work, to back up my recent silver medal performances.
There is just so much skill involved in predicting this SP, I am thing of changing my name from CSDI to MSDI (Crap Share Dealing Ideas to Master of Share Dealing Ideas)
So for next week mystic Meg has been approached and unbelievably says we should stick with 117.9 as we begin to put a floor in to support the SP.
GLA VODders
Cheers MSDI (aka CSDI) LOL
Really good of you Bringo to share your helpful advice
Strangely no mention of your purchase whenever it was ....
Did I hear my name being called, as somebody in this chat room may be misbehaving !?
Must say I was impressed by VOD's SP not getting a serious kicking today - not like my POLY shares.
Not yet get funds in place to commence my VOD trading, so still watching from my perch.
Should be a close contest for the weekly guestimate tomorrow - as usual CSDI is in the frame for the medal positions.
GLA - see you tomorrow
Foor
I am not expecting the SP to go to zero, hence my purchase. The possible danger I see is that we are unable to sell our shares at a future date if LSE delists the company due to a failure of compliance with listing rules (such as not having an auditor.) I am not expecting the company to go bankrupt at all. If it were as simple as selling our shares on the MOEX where the SP is far greater we could all sell for over £8 today, but we are prohiibited from such a transaction. Many UK brokers will not deal in POLY shares, and there is no certainty when this will end.
The shares are valued at only 250-260p because of the risks, depsite the assets being valued far greater.
fingers crossed the RUS-UKR war ends quickly and peacefully, so that some sort of normality can be restored in due course. I don't want to get into any of the war discussions, but I am not optimistic it will be resolved any time soon where both sides have such entrenched views.
GLA - C
It's good to talk ... so they say.
We are in a period where the SP is range bound on very low volume now.
Hopefully the crazy volatility has gone, and so the chat quietens down from all the traders.
For me it is a matter of patience now.
I've got just a few hundred shares at average cost 294p, and looking to hold for staggered selling in future.
There is still a high risk attached and possibility of share being wiped out, but I am hoping we have passed the worse now. If sanctions were going to wipe us out, then surely it would have happened by now - so the probability is that won't happen (but not guaranteed).
The RNSs have been positive in terms of trading carrying on, but naturally there is increased cost pressures, cashflow concerns with Russian linked banks/assets, supply chain disruption, and the thorny issue of appointing an auditor - that we need to remain UK stock listed. Management has been excellent at communicating throughout this horrible war (Military Exercise ??) and that in itself is a very psoitive catalyst.
My first SP target is around £7, where I would sell approx 25% of my shares, and then £10 for next batch and so on.
GLA - C
Hi Dan
I'm down about 10-15% with POLY.
Only got 500 shares at average cost 294p.
Annoyingly I had 500 at 220p early March, but sold at a loss when they got rejected from FTSE Russell.
I thought I would not be able to sell them later, but misunderstood the RNS. Hey ho we live and learn.
Only got two shares atm, POLY & PSN - also down about 5%.
The old school report applies - Teacher says "Must do better"
Cheers for now and fingers crossed VOD returns to higher SP for you all - but not until I've bought some down here - CSDI
Sorry Rob
POLY shares are needed for my "Get Rich Slowly" scheme.
I'm looking at a possible 5 bagger vs a 100% loss.
Will just take longer than anyone wants.
Too many short-term traders around, rather than LTHers.
It's a toss between LLOY and VOD for my trading share.
Thinking of putting funds in a SB account in due course, as short term trades more cost effective that way.
Currently using a demo account with CMC to refresh my memory on how it works with spreads, financing and margin etc
Generally we are in a pretty uncertain time now, so we may have to suffer some more downdays but hopefully better days will follow. Sometimes it's a case of timing the market, and others time in the market.
The former is relevant to trading and the latter for investing.
Hope your shares delivering the income you seek. I'm always keen to suggest research of Stephen Bland (aka PYAD) and his high yield portfolio philosophy for those with a capital sum to invest. Just an idea with sound principles but not for everyone's taste. A couple of other income shares for consideration are SUPR and AEWU in property sector, NCYF in fixed interest. Of course all come with usu caveats and risk warnings etc.
Cheers - C
Funny that. Only 18000 posts to trawl through. I've not seen any mention of position size since I have come to the LLOY chat board a few weeks ago.
I do see an average price mentioned in the low 20s- a netting off from traditional investing and SBs.
Hey ho, maybe it would be easier if one thread was maintained on SBs.
I thought I was a prolific chatter - but a mere beginner compared to your 18000.
I am deciding whether to add my monthly funds to my ISA or to start the SB.
For short term trades I am sure SB is more cost effective.
For LT trades traditional investing is most sensible.
The advantage of SBs if you can make a profit allows quicker and larger gains, whereas if you get stuck in a losing position can be very painful.
I would only trade one share in an SB at a time, and looking at VOD and LLOY as the likely choices - large FTSE100 companies with low denomination SP and tight spreads.
Each to their own
Cheers - C