Member Info for fromage

I too expect a decent dividend. £2 is not bad at this share price, 16% after the SA tax take.

Neverwithoutmiwi, you posted while I was typing. Thank you for your explanation.

Krusty, not only do I not believe in it, but I have to confess I fail to actually discern a distinctive head and and shoulders, but maybe I am looking at the wrong tea leaves. I see wiggles up and down, and little more. I was never very good on the Rorschach either; I see folded inkblots. Nevertheless I am impressed by a prophecy that materialises, and credit to neverwithoutmiwi.
Like you, I would love to hear the announcement of its inverse, on this share or any other.

No, the share price has NOT crashed because of the acquisition. That is not the argument. It crashed because head and shoulder said it would. It's a fact.

I regret that the description does not apply to me. I am a LTH and my pension fund is stuffed with these BEN shares that are aborted buds that promised a great floral display (according to the seed packet) but seem to have died in the frosts. I would love to see them come to life, but times have moved on since Lazarus. These days the head gardener has the ability to give RNS updates on the monthly growth (if any) of the plants, having a much closer view than any of us, but he is lamentably failing to do so.

It does not bode well for my poor plants, but I will not uproot them while there is still hope. Spring is not far away and it may yet work that miracle.

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.

I would add, if edits were allowed, back then we had just hopes and expectations, but now all that remains is hope.

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.

Personally I am very happy TGA has invested in Australia. Their trains run on time.

I am sure the head and shoulders graph was informed about this acquisition months ago.

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!

I am convinced if you buy at 12:30 and sell at 3:30 EVERY DAY you will make 2% a time. Worth the fees and stamp duty!

But on the other hand, if you wait until then, you could buy six Ferraris.
Or if your tastes go the other way, maybe one or two EVs with a practical range.

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.

Nor have I. It may be partially explained if the Rand was being a disaster, but it isn't, and I reckon the Pound will be as bad, or do worse. I'm going to find some money and buy some more.

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.

Level5, thanks for the article. I love this quote (a metaphor for Transnet) : Eskom, the state-owned electricity utility with a market niche in keeping homes dark. - from The Economist, Jan 17th

LOL
You sell, I will not. Charts are a mug's game.