Much of this proves what I have said for many years:- The "just in time" fashion is just that, a fashion and a rather silly one too. I could never get said fashion's pundits to prove to me the huge advantages which said method was supposed to confer when I was in business; in fact my own approach which was to buy and hold commodities when prices were good often resulted in enhanced profit for our business.
Don't think iit will be a VC outfit - insurance is a highly specialised service industry and if you don't have the knowledge/experience gained over years you can get your fingers burned. Whereas getting to understand how to flog groceries can be done in a few months (IMO)
Yes, it's been like this for many months and their divs go a long way to paying for my now higher energy bills. Quite amazing really but since when was it easy to find much common sense in the UK stock market, I rarely have.
It's actually a kind of gambling, i.e., you are betting that a particular share will go down in value and that's all there is to know. Personally I believe that it should be outlawed because it always encourages those involved to attempt various nefarious manipulations of the SP and you are right Cul it doesn't always work well plus other traders can be deceived and make wrong decisions.
I believe that these things every so often in order that those of us who do not suffer from panic attacks are enabled to make some cheap purchases, it's been that way for most of my now quite long life. Unfortunately I can't enter the fray at present being a bit short of readies.
Here we go again, there is absolutely no logical reason to swap an appreciating asset (LGEN shares) for a depreciating asset(cash) especially when there are signs of inflation but that is what many investors are doing today. One can only presume that they are unable to think properly as I have often suspected.
I always expect my picks to take at least a month or two to settle to a decent price while the day traders,etc., fiddle about among themselves. My last two winners 40% and 80% both took about 3 months sitting on my hands. I dare say the same will happen with WIX.
Barchid, Basically I agree with the last half of TBS comment and will they will be at least a medium term hold for me because of the inflation beating yield. I will add more if the market gets silly and drops the SP below say 270. The comment in the half yr report about Motability - "This partnership is expected to come into effect in 2023 and to increase our Motor customer base by around 15%.", is a bit exciting but we'll see.
Nobody really know why LGEN shares "tank" every so often despite their good profit and dividend record for the past five years but there are some right loonies out there when it comes to share dealing. Earlier this year you could have had them for £2.45 which of course is pretty silly and within a week or so the SP was climbing again. Last autumn it was even sillier - £1.85 and i dived in and got a few at a bargain price.
Accountant's view:- Enerox's profits can really only figure in BMN's accounts if they pay a dividend to same. However, one should be aware that if the value of Enerox's shares fall due to some significant event then the BMN board would be obliged to recognise that fact and make a charge to the P & L account equal to the depreciation or loss of value.
Hmm, I don't see much of a "decline in investor trading activity" rather I think that if anything it will increase because a lot of people have discovered that with due diligence one can get a much better return from stocks than banks inter alia are prepared to offer at present. My own small portfolio has returned around 5% over the past year, excluding capital gains and no deposit account will offer anywhere near that at present.