Member Info for Elgrebe

Anything is possible. I'm prepared for the possibility. All the unknowns are reflected in the current share price IMO.

When all possible scenarios will be priced into this share, the question is when will that time be? This does have an end (eventually) unlike some other massive drops in recent times. Weathering the storm is the answer....Would a crash be a correction of overpriced stock coming back down to a realistic price? What should this mayhem be called? Any answers gratefully received.

Hang in there buddy..... for a while the big four have taken a bashing from likes of Aldi and Lidl but in times like these we realise how important it is to have a good choice of supermarkets with robust supply chains and plenty of outlets everywhere. If this was soviet Russia in the 1970's we would be facing real problems.... Capitalism is far from perfect but at least it is keeping us fed (at the moment). Just my opinion.

When all possible scenarios will be priced into this share, the question is when will that time be? This does have an end (eventually) unlike some other massive drops in recent times. Weathering the storm is the answer....Would a crash be a correction of overpriced stock coming back down to a realistic price? What should this mayhem be called? Any answers gratefully received.

I can absorb some losses :)

I heard they are bulking up loo roll with worthless share certificates..... do you thinks that's true?

This will prove to be an absolute bargain... in time !

I agree, I just hope I live long enough to see it :)

Yahoo finance shows this as 228.60 + 2.70 (1.20%), I think some prices have been slightly inaccurate due to the volume of trades....In times such as these - as long as it's stable as a company and making a profit, I'm happy with that.

QE for the people.....we will see what happens today - interesting times :)

When things start to look up, this share will hopefully move up with the market. We will see.

I ebayed the last of my toilet roll and bought 2,690 @ 83.48 today. That's me now fully invested a total of £18,351 - all the spare cash I have at the moment, with a new average of 1.054. I'll add these to my existing holding and I will now wait and see what happens....maybe too early but who knows? What will "QE for the people" bring to the current mayhem? Tough times ahead but I need to get in again at some stage. GLA to all who invest in these troubled times.

Everyone needs something in life that is dependable :)

Now I have pawned the hamster cage and other unvaluable items and bought another 2.5 grands worth today. Not much left to put in now, I missed the low today and got in at 90.64....this lowers my average to 1.1241. This will bottom out at some stage, every possible scenario will be priced into this share at some point.....for the piffling amounts I'm putting in it doesn't make much difference really. Still got 2.3k to put in should it sink to 60-70p - Just gotta keep all the doors closed for while in case the little critter escapes :)

There will be tough times ahead, many people have virtually no savings, even though we have had low interest rates, saving has been difficult for many people and gone out fashion for others - with so many tempting things to buy/enjoy (understandably). There is no financial buffer for many......With job losses that will occur with an inevitable slowdown in the economy this will impact on the banks. To what extent who knows, Barcs will suffer because of this and the divi may be cut? Something that I'm prepared to happen, but thinking long term it will be okay IMO. No gain without some risk :)

I've around 30k in this, bought for 1.94 and 2.24, I was going to sell 50% or all of my holding a week or so ago and buy more Barcs but looking at the way the UK/world is moving I feel this could be a good place to keep some "rainy day" money, accessible if/when I need it. In times like these (understandably) basic human needs become more essential. This share has held up well and could continue to do so. I don't know if there will be any great gains in the SP but at moment it's a definite hold for me IMO.

What a couple of weeks, this has been quite a drop to say the least.... I've sunk nearly 14 grand into this bank and I now have an additional holding of 11,663 Barcs shares. I have an average of 1.1772, I could have done better, (mistakes were made but I'll learn from them and move on :) This I feel will be a slow rise up , with further drops on the cards, ready with limited cash when/if it does fall significantly. I totally agree this will not be similar to the banking crisis - as that was a different ball game entirely. If I see a gain of a 80p to a quid over a couple of years I'll be happy with that. The banks have been "stress tested" for bad debt but that will only have limited effect depending on severity of the global/UK economic slowdown. But they are in a good position........unlike the banking crisis. I'd rather have a punt now than miss out on this golden opportunity. Just my opinion and GLA who invest in this bank.

Yep... I thought I knew better, that'll teach me....anything is possible now.

To all who predicted the the sub £1, fair play, you were spot on. Bought another 3 grands worth of these this afternoon @ 98.12, starting to run out of money now....I DID NOT EXPECT IT TO DROP THIS LOW.......smashing all the piggy banks around the house to get into this share. Still got another £4,500 to put in then I'm spent up. I'll go for two more buys one @ 80p (didn't think I would ever see that price again) and another one at 50-60p (if it gets there). Then I'll go and live in a tent for a couple of years. A great opportunity at these prices IMO as a long term hold. My thoughts are also with the people who are/will be effected physically and economically by the damn virus.

The cash is ready to buy in if under a quid comes.....anything is possible.

Until the next bad news comes?.....Does anyone have a prediction for the next week or so? What will be the closing price on Friday? I reckon this share will stay where it is for the moment. The next drop could be UK lock down (if that ever happens) IMO.