Member Info for eccles04

It doesn't seem to dawn on most people that it's only the directors who make any decent money from TSCO. You would do better from a building society account rather than buying Tesco shares.

The factor which we all need to take account of is that the latest EPS expressed vs the current share price is well over 10% and thus an almost exceptional result for a large bank.

I would say more than "a slow recovery" these numbers are soon going to show a significant bottom line improvemnt IMO. The market does not seem to have realised it yet and I am glad I bought cheap a while back. I will be buying another £5k worth shortly as it is still cheap.

Someone was bleating about loss of capital being unacceptable despite the fat dividend. Well it hasn't happened to me, quite the opposite in fact but then I hardly ever buy at the top of the market and so my average is £2.35 for this great share. If I can't buy at a fairly low price, I go elsewhere or sit on my cash.

So, how many remember that a while back a rascally outfit called citi something or other had a go at deramping L & G and it worked, not for long but probably long enough for their mates to make a quick buck as it is said. Lesson learned:- Much of what "brokers" dish up is pure hot air for their own amusement or worse.

Why is it a problem? Rather than put he whole lot onto the market with some kind of Sid offer, why not just drip feed them as and when over say the next six months? With the recent performance, there should not be a shortage of buyers wanting a punt. I will probably add a few more myself if a short dip occurs.

Hi Robleo, As it happens I am virtually a millionaire with surplus income every month. This means that I can go out there and buy whatever and whenever I like and sometimes do. However, as one gets older one sonn discovers that health is far more important than having loads of dosh I can assure you. If I were to win a lump of lottery money it would be almost meaningless to me and I would happily swop it for my health problems.

Never mind all that, just discovered a nice little earner which is too cheap and pays a div four times a year. NESF, have a look.

I quote from this morning's commodity market:- Prices for iron ore cargoes with a 62% iron ore content rebounded to $117 per tonne in May, the highest March, as increasing demand was met with uncertain supply.

Seeing as I paid just over £1.50 not so long ago, the offer gives me a 40% profit, I'll have that thanks very much and will vote to accept.

Now consider this;- Farmer's do not continually buy and sell land because that would largely defeat the purpose of investing in land which is to obtain a profit from raising crops or animals. Similarly manufacturers do not continually buy and sell factories which they have invested in verb sap.

Still a cheap share IMO with that PE and dividend cover.

According to my mate Warren Buffet one should never hold cash except what is necessary to buy groceries and pay bills. It earns nothing and always depreciates; if you can't find somewhere useful to park it you are not trying hard enough.

Oi LTI an SP can definitely calculated by me. I simply write down desired numerical criteria (by me) and then do some comparitive math. Thus;- I desire a yield of 9% and a dividend of 9p these are my criteria then the SP calculation is 9p divided by 9/100 giving an SP of £1. The market may have different ideas and criteria but most of the time it is wrong as we all know. LOL

The current yield and low PE is byond my comprehension unless folk have completely misunderstood recent messages from the BOD. By my rough calculations the SP ought to be above 90

Can't understand why folk buy this with a crap dividend and a crap PE.

I never heard of Fidelity, don't sound much cop to me.

Enabled me to buy another bunch of shares for a good price in advance of next week's exdiv date.

As I have said before and I am a retired qualified accountant, we now have some accounting standards which are beyond the easy comprehension of the man in the street. This ought not to be and the "accountancy bodies" responsible should be ashamed of themselves and repent. The only way to properly establish the true value of any asset is to sell it in a free market and all so called valuations are mere conjecture (fact). In an English court of law conjecture (guess work) is not permitted and will always be dimissed by learned judges and yet businesses such as L & G are being forced to apply such doubtful "principles". It is not surprising then that application of these rules are almost impossible to understand by most people and the results can vary hugely from one week to the next; they are in fact absolutely crackers.

Another wallace who knows nothing about the insurance business