Member Info for furrycoat

Happy with the results and VERY happy with a share price decrease allowing an unexpected opportunity to top up.

In my opinion Legal & General should be a core holding in any investor's portfolio for the dividend alone.

They are very good results. Feel very good results are priced to the SP already. Let’s see at 8.

Biggest holding in my portfolio so hopefully I’m wrong.

No upgrade was the big take away for me.

Despite impressive results I expect market response at 8 to be muted.

😆 Took me a while, then the penny dropped.

Good one! 👍

Sold at 3.97 and now watching for updates.

May buy Mondi next week.

Airlines best avoided for now. I sold all my BA and Easy shares on Friday at a small loss. Frustratingly I contemplated selling at around £2.10 and £7 respectively but missed out on the prices - big mistake. I can't see anything but a downward trajectory for a while. GL All.

After many years as an investor of PMO shares I've sold my last holding this morning and won't be back. Risk is too great for me unfortunately and I reckon short term we are heading sub 20 maybe sub 15 with a significant chance of shareholder wipe out next year. GL to all. I'm off to safer investments!

Holding up very well to be fair.

He did this a few weeks ago. Co posted a reassuring RNS.

I am against weekly updates. TD has more important Things to do with his time at the moment.

I’m amazed PMO is still around 21p per share. Far too high.

At the moment I reckon it should be in single figures (a few months ago I thought it was underpriced at £1!)

I will be buying back in at 9-11p However instinct telling me bottom is near for PMO and Oil price. I also think Company will survive. Always believed strongly in CEO. Top man.

Markets usually rebound shortly after people believe there is zero reason to hold. We are close.

Strategy is to wait for another 50% decrease in SP, but in and wait for recovery.

GL All.

It is. However we are undoubtedly in unprecedented times. For me to turn my entire portfolio back to cash was undoubtedly something I never expected to happen until I was an old man. In normal times I very much agree with Hasibas quote below. I'm still on significant losses but they would have been tens of thousands higher had I not pulled the trigger.

I really think the worst is yet to come and cannot understand how Oil is sitting above $30 at the moment. I think PMO will be alright but this is certainly not a definite. GL to everyone. I will watch next week with interest to see if I'm right (or hopelessly wrong like this week!!)

I was chuffed Sauerkraut! I never thought a 50% + rise would follow this week.

My instinct is telling me another huge correction awaits not only here but in the markets at large. If I'm wrong I will have lost both ways but sitting tight and trusting my instinct. Hope you are well and GL!!

When I sold on Monday I was convinced next move would be down so I'm wide of the mark by a HUGE amount as it's up over 50% since I sold.
If you are in at 22p will you hold over a very long bank holiday weekend? Will take balls as you must have made 50%+ in a few days. Good luck whatever your decision.

All best FC

Firstly. Congratulations to everyone who has held this past week. I was chuffed at making £400 on a day trade a few weeks ago. If I’d held on a few days it would have been £3,500!

Unless you are holding long term (a year plus) I think PMO SP and POO are very frothy at the moment. I’m betting on a sharp re-trace in the short term, Aat which point I’ll buy my holding back.

If I’m wrong I’m locked out, however even with positive news flow oil surely cannot be worth more than around $28-30 per barrel at the moment?

GL everyone.

I would be inclined to agree with you Ferret. i had a bit of fun with a punt today (first day trade for 18 years!) but see PMO in single digits at some point in the weeks ahead. Interesting times to say the least.

....at 17.53 and sold just now at 18.98.

£408 profit. A glimmer of good news after a shocking few weeks. Not worth the risk of holding IMO 50/50 gamble which way it will go.

However until Covid 19 issue is resolved it doesn't matter how much production is cut - no ones going to be using it. I'll look to buy again at about 17 and downwards. Good luck all.

I sold my entire PMO holding at 28.8 which (temporarily) crystalised a loss of around 70%. Ouch!

On Tuesday I sold half my entire portfolio of stocks whilst waiting more clarity as to where we are heading. I kept all the banks as chunky divis due for those. I still expect wider markets to fall a further 10-20% and will buy back at this time.
However, following PMO's RNS I have bought back this morning, it was hard work getting order filled but managed to buy back at 19.9 after many failed attempts.

Even with the current panic these should not be below 45-50p IMO.

GL all.

Hey Nuri....of course but with 8 months worth of claims to get through I’m expecting a figure at the top end of provision. GL!

I still have an outstanding PPI claim with Lloyd’s as they requested further info from me in August.

The gent I spoke to yesterday confirmed all is in hand, however due to a large backlog it could be September before my claim is resolved.

So still a lot of money to potentially pay out.

Good Enough. Expect it to rise slightly.