The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well done. We don't know the half of what they suffer in these Near Eastern countries. South Korea us bad, as you'll know. We were waiting for the coach to the airport in Minorca one year and gave some 10-12 year old lads a row for hurling stones at a cat that then took shelter in nearby shrubbery. We don't speak Spanish but they got the message. My wife wanted to bring it home. We 'adopted' a feral one whilst there and had a note pinned to our apartment door telling us not to feed it. We had to use the cereal packets,take the cereal out and replace it with cat food. A kind local lady then took it in. She fed the ferals every evening at 7.pm and they'd all turn up on time. Maybe your marathon wil be on tv..I'll keep an eye out. Will go to 'just giving' then. I wish they wouldn't charge so much commision etc...it was mentioned on Lloyds re. the end of year donations to Macmillan Cancer Care. Someone mentioned that bt something or other didn't have any charges.
albert..You're more optimistic than I am on this latest wrongdoing. Right now, I'm more inclined to to think we'll see a further drop on Tuesday. although I donb;'t see it going sub 200p. I don't know if the US market is open Monday,Jack b says Monday. Anyway, what's a day.
There's a chance Staley will have to step down after the FCA enquiry. He broke the very rules that were put in place to shine a light on corruption and also in relation to whistle blowing ID. Does anyone have a view on what that would do for this share ? Seems ,when he came there were high hopes , at least re. the investment arm of the business. I certainly don't agree with the findings outlined in para. 4 here. 'It was a 'mistake'.. so, e thought it was ok did he ? I rue the day I bought into this share, it's one thing after another..not because the sp isn't doing well,which it isn't but being invested in a company that's so clearly ridden with corruption and wrongdoing,past and present and at the very top. https://www.ft.com/content/45acc9a0-14a7-311c-9c80-478395531749
Well spotted,Cliff. As you say, we're the last to know. I don''t doubt it will come back to about 185p by Friday. Re: the offer of the shed..jolly decent of you old chap but my wife doesn't do anything less that 4 Star…lol She went to France today visiting her friend/husband so it's a case of me getting on with all the jobs which is what I've been doing all day and remembering to take the right frozen meal she left out of the freezer each morning..with instructions on how to heat it. There's an excellent chippy close by though..lol mailman.. Only joking..lol. Actually, we will get over that way one day,if only so I can get to RAF Lakenheath and Donna Nook (for the seals) I also want to go the the Farne Islands..photography again… a bit further north than you though. Lloyds is going ex. directory on Thursday so over on Lloyds some think there will be a rise to maybe 56p plus tomorrow.. .55.04p at close today ,so it might get to 56p plus. Usually they dip by the divi value on ex-divi day don't they. I think I'll sell that 6000 I got for short-term trading .That will be £300 ,10% since July 7th. I'd have been better buying RBS ,it was 158p. on that day.I'd have made £636…21% Hey-Ho. I see you've stayed with RBS all the time so you know it well which is an advantage. I was looking at L&G down to 202p today, usual stuff-good results even an ,increased divi which was good anyway but the City found something they didn't like.I've had them before and made a bit but I'll see where this share goes to over Thursday and Friday. The reason I hesitate is that I don't think buying RBS at 192p or thereabouts will be very beneficial,it needs to drop some.
mailman..Very nice 1352 post. As you say, we never get to meet posters but…...the family would like to have a week in Great Yarmouth at the beginning of September and I'd love to call in to meet you and you could meet the wider family. Uncle Sid can get 'leave' but will be electronically tagged. Mavis,one of the sister-in (or should that be out) laws... will close her scrupulously-run 'house of comfort', for the week ,everyone needs a break.,.nephew Dave is very knowledgeable about share dealing but the court imposed an order that he's not to give advice anymore another younger nephew, Peter, should be ok by then as they say withdrawal takes about a month helped by the methadone. Brother-in-law Neil is on bail with conditions but they can be changed..promised us he had nothing to do with the immigrants on his boat and was just rescuing them. The £25,000 tucked away in the cabin was just in case of an emergency, in case they drifted to the french coast. We have two dogs - a rescued rottweiler but he's ok, a bit misunderstood really but once he takes to you, he's fine ,a Staffy seized from some travellers and a loveable Boa Constrictor we call Hissy that hates being home alone although it can live for a week without food and loves a hug. Do you think you'll be around then ?..Lol.
Cliff..In the the US they have a term for that sort of wonderment..It's.. 'go figure'. It's why if you wait and buy in low enough you can keep making small but decent amounts on the rises.
Time for the tablets..Apologies. That should have read..RBS not Lloyds. Oh, here's matron to take me back.. got to go..Lol
I was reading an article on Lloyds over the weekend and whilst most of it was pretty grim there were shafts of light . Underlying profits up 2% at 1.04 billion pounds. (pound sign doesn't work does it..Ugh) Lending in commercial banking was up 8% and personal and business banking up 12%. Tier1 capital ratio at 14.5%..lower than expected but no cause for concern. The latest EU Banking Stress test ion a hypothetical downturn or rout had it at 8.08% but that's well above the 4.5% considered acceptable. Under Fred Goodwin's tenancy his global ambitions had RBS in 54 countries- pursuing a radical downsizing strategy today it's in 13.and 90% of it's revenues come from the UK and Ireland..rider of course is that reliance on the domestic economy could be a negative at the moment. Despite the gloom I see it's up 4.20p as I post.
Lol..what do you read for something serious then,if that was light ? They must have more ongoing litigation than any other bank. The US and the shareholders here re. The 12 billion Rights issue. I can't recall whether this was something I heard in the radio or read it but it seems that a person can have a psychopathic disposition but don't murder which us what the vast majority of people think when told thst a murderer was psychopathic. Turns out that people like Fred the Shred and more so Dick Fuld of Lehmans are in that category. A complete disregard for others no matter what. Another light read..lol. http://www.businessinsider.com/wall-street-psychopaths-2012-2?IR=T Seems Investment banks were seeking financial psychopaths to employ http://www.independent.co.uk/news/business/comment/brian-basham-beware-corporate-psychopaths-they-are-still-occupying-positions-of-power-6282502.html
Putting it in that form it looks horrendous. In The bail out was more than double the 20.5 billion paid out to save Lloyds. The litigation scene still looks horrendous too. You have to wonder why anyone would want to head it up. How bad does it have to get before the plug is pulled. Is there anything good that can be said ? I heard an analyst say,about 2 months ago that at the heart of RBS is a diamond. I don't think HMG (Aka the taxpayer) will ever get it's money back along with those invested at the time of the collapse. In March 2007 they were 600p today the equivalent of 17p. I wonder how many still hold those shares they paid 600p for ? Then there was the consolidation. I expect they bailed out and took the loss but often people will think it will get sorted eventually and hold on but didn't envisage that eventually wouldn't have come even 8 years later. What is amazing is that those,like mailman who buy/sell the swings at the current levels are making decent money. It's not at all a fair world,is it.
I've just finished 5 hours work..lol and I'm retired. It all looks very nice though..including two mown lawns,,says my wife. who is still working. A walk to the beach for a pub lunch ? You'll live forever..lol Ok, noted that re. the share price and post results so I'll keep an eye on it.
Good Afternoon (just..lol). Haven't seen you on here for a couple of weeks, nice to see you back..have you been on hols ? I chose the wrong share when I got £3000 to invest for short-term trading, if you recall. I should have got these but went for Lloyds. I got them at 50.7p and they haven't dipped below that since then..July 7th. I'd have made £630 here because I would have sold at 190p. Do you have a crystal ball I could borrow for next time ? lol.I'll take very good care of it. I heard the results at 7.00am this morning and they were staggering yet the sp didn't really drop that much. I think by 8p by 11.00am but I see it's heading south again. I'm hoping LLoyds will nudge up some,I can sell and buy these if they drop near 160p. Maybe they won't do that again. I've forgotten what the reason was but all shares dropped a lot back then..July 7th. I do wonder who it is who buys these at current levels, can't be to tuck away,they'd go mouldy..lol. I recall you saying you'd done well trading this one.Obviously the state the bank is in has no bearing on buying in at low levels and when a surge comes I wonder why this share would go with it but it does. Back to sanding our front and back patios, ,a good day for it.
Yes, it's done well. On the 7th.I was in two minds whether to go for Lloyds or RBS. I have a large holding of Lloyds and wanted to try out very short term trading as opposed to day-trading and put aside £3000. I got 6000 Lloyds at 50.7p..51p in round terms when RBS was 160p (I think it hit 157p) so it looks like I made the wrong choice on today's price. £300 up on Lloyds,could have bee £525 with RBS. Hey-Ho..lol. but I expect Lloyds to buck up any day soon especially with the interims on the 28th. and expected to be good.
My return from Germany was reluctant. I worked for Hoechst AG in the chemical industry on contract.I had to make a decision and appreciated the dangers in the industry and decided to return to the UK to make a new career whilst still young enough but I also have fond memories, as you do.of your experiences. Infact a 'bit of me', as they say, is still there really. I brought my german girlfriend here one year and we arrived at Dover and the first thing she remarked on was the litter and couldn't understand why as we had,at that time 1.5 million unemployed. they weren't put to work clearing it. She praised our motorway system though.lol. Better mention Lloyds lol. Good news re. interest rates. I don't think dropping them .25% would make any difference to the number of loan applications,sterling won't increase in value that much thus not curtailing the improvement in exports the low pound will bring and not hurt imports too much. I'm not an economist,it's just a lay-man's opinion. What a balancing trick. Lloyds is moving ahead too of course. mailman. I'm still up £300. :) I bought at 50.7 which in my book is 51p.
Arron..lovely to visit but too darned cold to live there. Just look at the chart here. http://www.yr.no/place/united%20kingdom/scotland/isle%20of%20arran/statistics.html If I had my time again I'd like to live in southern Germany. I've lived in Frankfurt-am Main for three years so have experienced life/work there.. I'm hoping Lloyds and RBS will put some light between them re. share price moves, maybe due to results or acquisitions,I'm thinking MBNA credit card for Lloyds,they say they are still pursuing that, then I can hop between both shares. I'd rather stick with these two and Barcs as I'm familiar with them. I've just posted ion Lloyds saying the smart money is on Philip Hammond to be the Chancellor,maybe GO goes the other way to the FCO.
As you see from my post to HH we've been away. What a surprise to see the sp of Lloyds and RBS. I heard someone from the City suggesting that most likely there will be no interest rate drop on Thursday,they'll be on hold so that should be good for the banks. After that it's the 28th…half-year results for Lloyds. August 5th. for RBS,I see. I did a quick calculation and with my £3000 holding and I'm up £300 and with this share it would have been £251. I got 6000 Lloyds for £3000 and it would have been 1796 RBS (167p) I'll bet you think I should sell with that profit in a week Lol. I expect you're right. It's still very low at the 56.25p it's closed at so I can see more upside before a drop so I'm putting my faith in that City man's forecast re rates.. It was someone interviewed on radio earlier and although I say a City man I'm not surge.It could have been the BBC's economics editor/correspondent. Re. living by the sea. I don't think we'll move now, it costs about £10,000 I think in fees alone. We've made our home very comfortable a 30m long X 15 m. wide garden and not overlooked, directly..means a lot and there are no houses opposite,just a 15 metre -wide grass verge ,the brook and trees.When I see where others live,right on top of each other,cars on the footpaths I realise we're fortunate. The house is detached and a decent gap from our neighbours and a 15 metre drive . So, we've decided to go away to coastal towns both here and abroad for maybe a month at a time when my wife retires in about 18 months . With our summers like they are,more likely abroad lol. We are 10 minutes from the M5 so good for any direction. Having said all this we'd really prefer to live on the coast. We go twice a year to the same cottage at Lizard,Cornwall but my wife hates the narrow roads and and there's the seasonal crowds too and as she points out to me we're used to nipping up the road to Morrisons and an M&S shop/garage nearby too…for quality lol. and near to a large hospital and our surgery. I'm just trying to make myself feel ok about not living on the coast where we'd really like to be. Ugh. You say you're near Norwich. I keep my eye on this webcam on top of Norwich cathedral. I watch the Peregrine chicks grow and fledge.They're there every year. This year there were three chicks and two were bold and launched themselves off the tower.The third watched in amazement turning its head as one of the others ran past it from one side of the nesting box and took the leap.It was so funny to watch. After 10 minutes that last one took the plunge too. Quite often it's very windy, I've noticed. http://upp.hawkandowl.org/norwich-peregrines/norwich-cathedral-peregrine-live-web-cam-2016/
Hi. We've been away since the post and returned this afternoon. Noted your post and thank you. I wonder sometimes if I'm better just reading the posts and not getting involved as I'm of the old school and these forums aren't gentleman's clubs are they :). I've looked at the graph and see now where that consolidation was from 40p. I should have realised it. Never mind. As you say, a trap for the uninitiated.. Anyway, thanks again,much appreciated. DD
Firstly...HeresHopin..No, I didn't ignore the consolidation simply because I wasn't aware of it. Just a point on exchanges on these Boards and from what I hear about all forums and other forms of social media . I posted on Lloyds to one member who was quite abrasive in his/her comments to me which were based on assumptions that were wrong.To be fair I got an apology. Now, your comment.." I take it you're ignoring...etc certainly isn't abrasive but the form of your question "I take it...etc .suggests to me that you assume I know about the consolidation when it would have been more appropriate to say " you may not be aware etc. mailman.'Afternoon...I enjoyed both reads and I've been wondering at what point you take a profit but didn't like to ask,goodness knows why not..lol...so mentioning 15-20p as the range and the reason why was just the job. I think it would be wise to hold the 6000 Lloyds..the 'to trade with' tranche until the 28th when most are expecting good results,not tainted by Brexit. Several directors bought in a couple of weeks ago at 55-57p . Mine were 50.7p. We go to London on occasions to concerts at the Royal Albert Hall..stay in the Queensgate Hotel in...er Queensgate...lol...just 5 minutes walk,if that and also we went three times last year to watch Spurs at White Hart Lane. We arrive at Paddington and then get the tube and have sometimes arrived at rush hour. I'm thinking 'how do these people suffer and as far as I'm concerned it is suffering..the commute twice a day. I have to say though that people-watching is fascinating and it might not be the best thing to say these days but I think how good it is to live in a country where so many different nationalties are just all in it together. No- one talks though,all look glum. All the different clothes and hair fashions and I'm the only one looking around at it all..lol..it's just the norm to these people. Also, the super- stores..The expensive ones,the likes of Harrods. My wife knows the names but I forget right now. ...the car showrooms too with the likes of Lamboughinis in the window. Top of the range BMWs, Audis, Mercs, RRs, Bentlies driving by,many with personalised plates. The array of eateries of all nations. We found a great Pizza restaurant close to the hotel. Mind you,the waitress was from Hungary..lol It's all part of the trip for me. I have an old person's rail card..lol so we push the boat out and go first class to Paddington and that allows us access to the first class lounge at the station. Everything 'free' including the day's papers. The first class seats are superb and often we have most of the carriage to ourselves. This is London though so I don't criticise those who who complain that live in areas 'taken over' by particular nationalities. We'd love to live at or very close to the coast, though.
Took a look. 40p in May 2012 straight up to 230 down a bit then 350 and after that the Pyrenees. As there's no foreseeable benefit in these shares for goodness knows how many years I assume the swings are just MM s making money otherwise what incentive is there in buying them ?
On reflection I'm pleased I went for Lloyds only to see this share up 8.6% because this initself will ensure I stick with my plan with this £3000 and SELL soon. It really is hard to sell, much more so than to buy. You having done well over 3-4 years is recommendation enough. I'll check the historic share value..from 2014/15 when you started and note the swings.