Member Info for DamayHill

Famou5, I'm also awaiting the return of my allocated funds in cash balance from HL. To have neither the shares nor the cash is unacceptable in my view. An aggregation of all of those amounts from thousands of individual investors is sitting in some entity's account making them money on the markets rather than in our accounts. I have just called HL to make this point and they claim that the full amount would have been sent to SCE and that they are waiting for the unconverted amount to be returned, and so it will take up to two weeks for the cash balance to be restored. That doesn't sound right at all. Does anybody know how the actual mechanics of the process works in terms of the movement of cash?

Likewise have topped up anyway. 70p may not be 50p but I think further contract news may follow within a matter of weeks and 70p will only be visible be in the rear view mirror.

Thanks for sharing. Similarly, I applied for 6,000 and have now been allocated 970, so reasonably similar proportions.

Hi Holla, he was a very successful fund manager who, I think I'm right in saying (others will correct me if not) took a position in SCE on behalf of his fund/s but also built and continues to build a personal stake in the company.

On another note, has anybody received any confirmation yet around share allocation? I was expecting it might be today.

Muggins, you're of course more than entitled to your own definition of success and disappointment, but like others here, I certainly don't share it. There is a long-term growth trajectory and the pauses and dips that may punctuate that long-term trajectory and outlook don't really phase me at all. That's because I'm an investor, not somebody who is only here because Ladbrokes is closed and I need to measure share price movements over very short periods, which appears to be the case on a number of BBs at the moment.

You're welcome. Google have millions of little elves who update hundreds of billions of pages of other peoples' content to reflect every insignificant event that happens. It's how they make so much money. because elves don't have the same employment rights as humans. With your masterful grasp of how it all works, you should really think about investing in some tech stocks. Good luck to you, but seriously... educate yourself.

Did somebody honestly just say that Google were probably 'tweaking the share price page'? I think you're right, that's definitely how Google works. Just kill me now, it'll be less painful.

Absolutely. ST have been clear that the many processes which lead to a superior product cannot be reverse engineered. If somebody else wants a piece of the carbon ceramics / performance end of the market (which, remember, is absolutely dwarfed by cast iron/ mass market, it would be far easier and almost certainly cheaper for them to buy ST at a premium than to go through the expensive and lengthy process of establishing themselves as another alternative. I'm not advocating that, by the way!

Spotify, well I am invested here and it depresses the hell out of me when a response to a document called UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS is a comment saying 'What I really like is it is ALL AUDITED'. Stock-picking is hard enough at the best of times so it must be especially hard if you cant read or, more likely, cant be bothered to take the few minutes required to understand the most elementary facts about what you're reading. I realise the comment wasn't yours.

HKK, assume you're joking about it all being audited?!

Fevertreeman, agree with your assessment but I also think the concern is mitigated by the lead in times on new contracts, often giving 18-24 months for the business to make the necessary investments in capacity/capability, prior to needing to go into production. There is a plenty to like here, that's for sure.

Good affirmation to get this correlative effect this morning. In some respects the more interesting thing will be to see how LOAC performs when US markets open.

The Malicious Communications Act 1988 (MCA) deals with the sending of offensive communications. The MCA makes it an offence to send any kind of written, verbal or electronic communication that conveys a message that:

is indecent or grossly offensive;
makes a threat; or
contains information that is false and known or believed to be false by the sender.

If you are found to have sent malicious communications, you will receive a conviction. You may receive a fine, a prison sentence, or both. Whilst the penalty may not be severe, this conviction would show up on a Disclosure and Barring Service (DBS) check when you apply for a job.

Well, exactly...

Just the latest in a long line of very silly remarks that have no basis in fact, knowledge or reality, I'm afraid. This same poster informed us four days ago that NM had 'lost the plot' for even tweeting about gold, now apparently it's 'our only option'. Making categorical, melodramatic statements based on nothing at all other than the passage of a few more hours appears to be a compulsion. Thar news will come in good time.

Adamadd, by any chance were you the inspiration for Indecisive Dave from The Fast Show?

Thanks Eliot. Anybody who reads an article like this and still believes its likely that the delays here are specific to Oracle Power rather than much larger machinations in which everything gets caught up... Well, there's just no helping those people.

Hi Adam,

A) Yes, that poster was me.

B) I was being facetious about the ST.

It was a comment on the posts below.

I'm sure Ms Memon will be devastated to read such articulate, qualified and withering assessments of her leadership credentials. Will these be serialized in The Sunday Times, I wonder?

To build on what DavidLaw has posted, there is also a particular set of circumstances at the moment thanks to the enormous sell off in the spring, which means that there are arguably some seriously undervalued large-cap and mid-cap stocks that carry much less risk but with plenty of proven scope for 20%/30%/40%+ growth over the next 12 months, via little more than a shift in general sentiment and outlook. Take a Standard Chartered, GSK or Tesco for example. There is arguably therefore no need right now for IIs to take the sort of risk perceived here - in short, there's value almost everywhere you look.

It's also true that you can look at large numbers of share BBs and find PIs who believe the rest of the world is mad for not jumping in with both feet!

For clarity, I'm not talking DVRG down in any way - this is my largest holding by a distance and I believe there is a strong and prosperous future for all holders.