Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
hi, do this today
1) contact Barclays and ask them how long a transfer should take, mine too 2 weeks. Then ask them why your took 8 months.
2) Inquire as to why NP shares have not moved -reinvestment is not a valid excuse.
3) Ask for compensation due to the delay and re-reimbursement for the fees, then inform them that you will be contacting the FCA
4) Contact the FCA
5) Move to a decent provider as the one you have chosen seems as inept as Barclays as they themselves have not chased Barclays through the move, i recommend AJBELL
6) Go for a walk and chill out.
Curious on how others list dividends re-invested in personal finance recrods, do you....
1) List your actual purchases and the money paid then list your dividend re-investment shares at zero cost (no capital outlay from you) thus lowering your average price?
2) List your actual purchases and the money paid then list your dividend re-investment shares at cost price, after all the dividend was paid in cash which has been listed as a credit against your account in full?
Discuss....
Gerard,
Chill out bi**h. Stock picking and predictions are nothing more than educated guesses based on charts and previous performance with global economic indicators and personal hunches thrown in for good measure. I seriously doubt people on this board are professional traders, if they were they spend too much time on here.
Barclays is NOT going to go bust, all UK financial institutions are being hammered as there is no clear indication of trading with Europe in 6 months time and markets are and always have been irrational.
If you want to watch a genuine expert at work click this link and watch Soi market updates in real time for all of his trades, but he is very short term trader on the slimiest of margins but the guys trades are bloody good.
http://barcplus.proboards.com/posts/recent
I could not put JD's comments below any better so here is a direct quote for Barclays performace..,
In that event I very much doubt that sentiment wouldn't drive all UK banks significantly lower as markets seek to understand how exactly that impacts UK's financial sector & what preparations various banks have made to accommodate a no deal.
FWIW, I think we will see some fudged deal at the final stages & then UK banks will be seen as badly oversold. But that's all any of us can offer right now, personal opinion which may well be wrong. If Trump's Trade Wars also get out of hand leading to inflation spiking, then that changes everything for the foreseeable future. Interesting times we live in, but also ones where we need extra caution
Hi Ginty,
Yer i know whining about a stock makes me into a dull boy and if i had the forsight you had to purchase at 2p or below, personally i thought the company was a gonna and just held. A £1k investment can be written off quite easily when the money was made from other shares, still smarts but its livable. However when you have nearly £10k invested at a huge average price, its like being kicked in the privates on a daily basis.
I only have myself to blame to listening to the "people in the know" both here, GKP, Encore and Xcite to name but a few. Golden rule i have learnt from here, NEVER EVER invest in AIM.
£1.50 or above and i am gone
Fusion98
I concur, if i were chairman i would have wished for the current share price just to wipe the smile from his face after i told him to shut up
Stagecoach - i was in a funny mood and not meant as a personal jibe, wilf however, yer that was meant to be, he is full of hot air.
The banks are fully funded and tested to be so, Its the markets that are irrational and if no deal comes to town I would not rule out a revisit of previous lows as a result.
Fusion98
Yes i know GCM has 47x less shares in circulation but SXX printed loads of shares to get the project off the ground, who is to say GCM wont do the same? No of shares is not the only thing keeping this company near 20p
Hi all,
A long time ago i bought into this POS of a company expecting returns within the year, that was 2006. I am still reading the same BS stories about share prices of £5 upon the green light. Did no one watch SXX share price over the last 4 years? That BS company went from CO2 burial and all sorts of other BS ideas until the recent one of potash mine. Anyhow it too got the green light from government for a multi billon £ project and its share price went no where near £2 never mind £5 or £9 and yes GCM has a LOT more shares in circulation than it did in 2006. SXX is now back to £0.29p so either i am missing something or you lot are sniffing glue
Answers on a post card to the usual address....
Stagecoach:- i do not expect the share price to revisit the low levels reached in the immediate aftermath of the June 2016 referendum vote.
Wait until they realise there will be no deal brexit, then that historical share price will look good
Mr Wiff :- scare home owners with possible 30% drop in prices, people will just sit it out..
How are they going to afford a house even with 30% off if they have no job?
The comedy on this site is better than on Dave, Task Master has nothing on you guys.
lol
:)
Hi Rxdav,
Personally i wouldn't add to SSE for many reasons i am sure your aware of, i would just wait for that to work itself out. As for VOD, well they are diversifying and joining up with other companies to spread the risk, they are cash rich and although have a large debt mountain they are paying it off. They are a stable company (relatively speaking) and are not about to go bust. In the event of a recession (Australia is entering one now) mobile phones are seen as essential and often the last thing to be cancelled. If your set on VOD i would be putting a place trade down at 165p and give it three weeks to be filled. Alternatively you could save all your money and place it in the trading account and wait until March 2019 when all might go to sh*t and you could pick up shares for a fraction of todays prices.
Fusion98
While I have no evidence to back up my suspicions I do think that DT will try to buy the company however I don’t think they will be successful. Reasons are:-
There has been a big backlash about big UK firms going to foreigners while US, France & Germany block take overs by UK companies. Electricity and gas providers, Arm’s manufacturing to Cadbury to name but a few and once foreign owned they have no call to stay in the UK, except to provide a service / product at a much higher cost to pre-takeover. BT is one of the few remaining UK large companies that everyone has heard of and knows. Sentiment is a powerful tool when used against those in power, would you take the risk?
There is a big difference between investment and take overs, become a partner by all means and help the company grow, just leave it as a minor stake. When all of our industries are sold to others, what will have left? When they all move to the native countries of the purchaser who will employ our population?
The share price for BT a while ago was £4 each, now its 220p added to which they now own a £11b mobile company. Who in their right mind would give away the entire company for £30b? If the new CEO can convince (and government leaning on BOD to accept) a gap of two to three years to significantly reduce the debt and pension deficits (both of which whey heavily on the price) and expand the fibre and purchase additional companies in other countries to expand then the price will be back to £4. Any take over from that point would have to offer a premium of say 25%. Who would want £30b when £100b could be offered?
The government do wish to close the trade gap, with us exporting not importing goods from a foreign power who then exports all the profit.
I’m not saying this will happen, as a shareholder I want the most return for my investment. As a UK national I want the best for our country. Could you ever see the US approve a UK company taking over Coca Cola?
DC is not in any danger of going bust, has a new CEO who is trying to clear the shop of bad news and has a large task on his hands to try to reverse the decline in sales. In addition the "no deal Brexit" is on the horizon taking out financials from London which is 25% of GDP (ouch) and the recession everyone keeps banging on about has just hit Australia, wont be long before it hits US and UK.
As a result of the above the share is getting battered as some large corporations convert to cash so they can get back in at the bottom.
Your strongly pointing out the DT tie-in and i for one support this idea but your assuming its a slam dunk, er no its not.
For one the UK Government changed the rules less than 6 months ago about foreign investments taking over UK based firms and as telephones are classed (by most) as essential to modern life, it will fall under these new rules.
The UK Government has the right to block any foreign take over under the term "National Security", see link
https://www.bbc.co.uk/news/business-44932704
You asked.....
6) The media/analysts as a group were dumbfounded by the speed of the announcement of Gavpants firing. They expected it - but not so suddenly a week after the big investors meeting. Nothing appears to have been planned in advance for any form of succession planning in regards to the CEO. Why?
Simple the BOD wanted to give Gavin time to show what he could do (Naff all) then more time in the form of a rope with which to hang himself. The "Big Investors Meeting" was that rope, his inability to sway the top brass of his plan which started with 13k people given the push screams of panic from Gavin. They simply had enough and you can not go fishing for a new CEO with a company as large as BT without it getting out, which would not inspire anyone else to take the mantle if the BOD are known to conspire behind the CEO's back.
OK so i hold £4k in BT and like most here are awaiting its recovery. The future of the company is currently on hold until a new CEO appears and then the following things will probably occur.
1) The dividend will be reduced, hopefully not below 5% but the company has several large financial commitments not limited to just pensions & debt that makes most people eyes water. They are currently manageable however this is based on earning stagnating or increasing. As landlines become a thing of past revenue will only reduce unless new streams are tapped.
2) Landlines, currently they are a necessity to have broadband but with the event of fire not any more. This is only going to increase and therefor reduce income as people rely on mobiles and will do away with landlines, elderly excluded, in which case why stay with BT at all?
3) New CEO, first on my agenda would be, do i wish to be an entertainment company that does phones or a phone company that does entertainment. I seriously doubt BT has the money to continue in this farce for Football rights. Ditch it or back it, i prefer to ditch. Why not follow the Virgin Media model and sell freeview to the masses for profit through the internet? Bundle EE with BT and try to amalgamate the two, to provide all the needs in one place
4) Offcom, Openreach and BT. Openreach is the cash machine of this business and if its separated or sold off, it wont be with the pension liabilities and BT will be a debt ridden corpse ready for DK to buy on the cheap. Anyone calling for this is a fricking idiot. Keep Offcom on side by installing new fibre everywhere and use the dividend money to pay off the dept mountain.
5) With the completion of EE streamlining posiitons within EE and BT need to come faster in order to save more money, same call centre, same back ground IT, same resources to save cash.
6) Pensions, this needs to be resolves NOW, close the expensive schemes and replace with far cheaper options, If the staff dont like it go work for Virgin media, headcount needs to reduce anyhow.
I see the share price rising to £3 by Q3 of 2019 assuming the CEO sorts all of the items above out. If not then DT will probably buy the company once the golden handcuff deal of EE expires sometime in 2019
Discuss....
Fusion98