Member Info for Dartron

Thanks Groover and Trek. I started with Best invest. Its cheap, but what I dont like is that it is hard to buy and sell in the same day. (which I dont do often, but some times you need to right!). Seems that once you bought the shares, you cant sell them at quote until the next day. You can try and sell them with a limit on the same day. Is this the same on HL?

Can i ask what trading platform you are using. I need to find a better one.

I just googled the float price, it was £1.80. I think a lot of the Biffa share price represents the growth potential of the EFR and the PET facility, so cant see it going much lower? Thoughts..

I bought in at 9.36 and sold at 1400. :)

Yeah the dividend is not safe until its paid, but I am hopeful this will get paid. RBS already cut this dividend, which sent the SP down when their results were published. So on one hand the dividend was reduced anyway, and they had made good money last year. On the other hand, the SP is down considerably due to a reduced dividend so perhaps wont drop much more if it is cut. Also interesting that 62% of shareholders wont sell no matter what happens with this divi, so could go either way with uk government. I think it would be a lot fairer if companies who are not paying dividends updated us before the ex divi date.

Yes, think Friday will be a much lower sheep rice.

I sold out at 1400 yesterday, I am hoping for less than 1200 as well, though it might not come today.

Here is the other side of that argument: Halfords is a non essential business, as soon as there is a little more pressure from the government places like this will have to shut. We are already being told not to make non essential visits to places, for most people this is going to include Halfords. I dont see an uptake in cycling or scooters as transport, the reason is most people have just drastically lost their income, and now dont have jobs or other places to get to.

I am really gutted for Halfords, if we had not had the CV outbreak then I truly believe they were on track for a great recovery, and this will be the case one day, but not in the near future. I sold out some of my Halfords on Friday, and to be honest, I wish I had sold them all. I think in the next 4 to 6 months, Halfords prospects are very low. I would expect to be able to buy these back under a £1 when all of this is over. I value the SP after recovery at £2. In the mean time, there are some shares that are still paying a quaterly dividend, and wont be dropping (much more) if and when Halfords closes temporarily.

Happens on all boards, has been for a few days now. I have reported the issue, but I expect they already know.

I do not agree that things were looking really promising after the Wipac sale. The prospects based on the accounts were gloomy, the SP only went down, not a single RNS or large buy in, how were things looking promising exactly? I still say it might limp on but this has always been a punt not an investment.

Hi Guys, Yes I probably could have timed it a lot better, But still only a few % in it. I sold at 181, having bought in at 240 14 months back. The stocks I bought have dropped a bit more, but over the previous 14 months, they well outperformed morrisons, who for the entire 14 months went lower and lower in my opinion. However prior to the outbreak these stocks had performed far better than morrisons, and in the long term I think they will outperform Morrisons/retail. Those stocks had also dropped by 20% where as Morrisons had not, so still happy to be jumping ship and getting a good deal for a long term investment. Exiting from Morrisons had been high on my agenda for nearly a year. The fundamentals of supermarkets are not good investments in the long term as the operating margins are so low, though probably will do ok in the short term. Having took so many losses over the last few weeks, Im not going to lose any sleep over this, but good luck to any one invested.

Thankyou both for the reply. I almost bought L&G today, at about 2pm. However I managed to stay disciplined, as I bought yesterday (other stocks), and set a rule of dripping money in slowly. I am glad I didnt buy, as it dropped a lot more. I expect a small bounce tomorrow. I bought L&G about 12 months ago and a few the other day so my average is about 244. I am starting to think that it might be better not to try to catch the bottom of the market though and wait and see. All my investments are well and truly locked in now, dont want to lose the last few quid of buying power I have.

I am interested to hear any theories as to why L&G drops so much - more than the index. We have just had the results, which were brilliant, we had a year of great SP growth before hand, and a yield of nearly 10% now. Example, TW, RBS,SMDS all 10% drop but L&G drops by 14.4%. Even Aviva only dropped 10%. I am not bitter, in fact I am very excited about some more L&G, just wondering what am I missing??

Ha ha, yes I am mad. But that didn't affect my decision. At the moment I am still parity from the trade, but I took the view that the last 12 months of Morrisons has been a slide down, and the companies I bought in to did very over the same period. They were discounted due to recent falls, where as MRW didnt fall, so made up for the last 12 months of losses. MRW results out very soon, not expecting much good news, even if they sold a few more toilet rolls than normal. I am happy to post an update of my trade in time, and see how well it worked out.

So glad to be out of Morrisons. I have wanted to sell for a long time, having bought in last year well above £2 I was waiting for some kind of recovery. Today was my chance, exiting after a recent rise and buying far better prospects at a 10% discount else where. Farewell my yellow friend.

Its hard to recommend as we are all trying to achieve different things. I was very impressed with Aviva's results today however. I think RBS will be slow to recover, however at least its backed by the government , and you could say they have been prudent cutting the div. If I wasnt invested I would be tempted to buy a few RBS, but alas thats not the case. I am nursing a big loss, and I think I could recover my money elsewhere quicker. I think thats the problem here, it just isnt appealing compared to many other stocks. I guess its a growth stock, but the question is how long.

I do not share your optimism. There are plenty better buying opportunities around. That is exactly the problem.

Dropping like a stone, yet more buys than sells.

https://www.worcesternews.co.uk/news/18279194.halfords-new-store-set-open-worcester-today/

New store in Worcester. Also good as no mention of flooding. Expect they got a cheaper site, exactly what they need to be doing. Well Done Halfords.

Good call Trek. 100% agree but still think you are safer here than on a cruise.