I counted 10 flies on mine, so extrapolating from the mileage I have done since the last wash and the average mileage people do, it seems the fly population of the world is in decline. This should be good for the banana trade, so should AAL be considering diversification into that market it bodes well for the future of the company. Beat the crowds, buy AAL now.
The trouble with always "next month" is that next month never comes. The second HWM was supposed to be here assembled last month and in production this month. One may indeed ask "what HWM?" Each to his own vibe, I guess.
Silly me posting in haste last night : of course no tax, just spread to watch and dealing charge to cover. And I reversed the times, it is buy at 3:30-4pm and sell at 12:30-1pm. Gain 20p less 6p spread = 14p, halve that in case I am looking at freak data = 7p, £10 dealing charge each way needs 290 shares, or over £3K to break even. Needs £5K to test, which may generate profit of £10 or £20. No, not worth it. It would take months to work out your capital gains tax at the end of the year!
Trading 212 sounds like a dodgy company doing things like that. You need your platform to trade openly and instantly. I notice it is a group of separate companies registered all over the place with different regulation authorities, which smacks of passing stuff from one to the other, and the trading terms are too opaque. "Other fees may apply", but it won't tell you what they are (the link points to itself). £23K is risky, too, as compensation for default may be limited to €18K. There is also a maximum holding size that may catch you out.
I can understand selling if you want the cash to spend now, but in the scenario that you are looking for somewhere to invest the cash, do you not think that TGA at £10 or £11 is a good investment? I do, so I see no use in partially selling. I am fully in.
Having said that, you can see why TGA is good for traders, there is huge volatility. If you can time your buys and sells to make 2% or 3% every day, then you will easily get more profit than holding as I do. This is a plea for any chartist to give me the rules of when to buy and when to sell. I have tried this before on paper, and always find that by the time the buy marker arrives, you have missed out on quite a bit of the share rise, yet you suffer with a gradual decline. Hence my view that it's a mugs' game. Ready to be convinced otherwise, and this is a good share to test theories.
Just read back through all the threads, following links given to websites. It's all here. Ben is riskier than you would want for a safe haven for your money, but has prospects (holders believe) for rewards in a timeframe of a year or so.
Thank you Tenantry, I did actually know, and agree Ezza, but the complexity may be an issue that deters newcomers from piling in, and "left pocket to right pocket" does not look good.
Erik -appreciated, and it is the right season.
The murkiness is beyond my comprehension. It seems various bits of Ben's Creek are owned by multitudinous other but interrelated companies and the whole setup is designed to transfer money between them so the bit that is the shareholder's company is continually bled dry. A chart of who owns whom, linking them all together, may help. I agree the fundamentals are sound, and the network of organisations will be reaping benefits, but to the benefit of whom, I am not sure. I need to go to sleep and wake up in a year's time, we may know by then.
"Gone long .." does that mean actually bought some shares, or does it mean betting? I am curious why people make spread bets because I am sure actually buying the share would give a better return if your judgement is correct, but please correct me if I am wrong you spread-betters out there. The advantage as I see it is when you use borrowed capital that you don't have (whatever the technical term for that is) to gain even bigger profits than I would as a (beneficial) share holder. But that takes courage that I don't have !