Member Info for Gerry557

The way things are going you could be back in within the next hour or so and a profit is still a profit whichever way you take it. Although its up 20% in a few days, you could still be quids in buying and selling on day hi's n lows. Seems to hit biggest mover pages every day now one way or the other.

As a snap shot right now things look good but I would normally look for more "steady" stocks but the correction didnt last that long or as deep. These looked "down" and had potential for a "recovery", plus gold has moved up too which also helps. You may be right to trade, but normally I like to let them look after themselves rather than having to watch closely and collect the divi's along the way, but I'm not sure if to stay in that long. I think events may force my hand either way. I might prefer to swap a little bit of this good performance for a bit more long term gains. This might make me a day trader rather than an investor. One day in the rear view mirror we might look back at this point and wonder why we didnt pile into some of these types of stocks. Fear and Greed!

Yep gold up again by the biggest margin this year, maybe ABG has passed a low point but how many others have said this in the past. Would be interested to see what the long term price is with more normalised gold price levels. I think big swings are still on the cards. Watched one program commentator who thought gold will fall again to 1000 is a month or so. Others seem to think it will rise more from here. Strange market forces at the moment

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/7/20_Andrew_Maguire_files/Andrew%20Maguire%207%3A20%3A2013.mp3

I see you have this a strong buy and have been in and out recently. I bought a few last week but unsure really if this is such a bargain or a "value trap" On paper some of the figures look good but they have relatively high costs, utility concerns and until recently a falling gold price. I suspect the management will be looking to cut costs, reduce investment and big write downs. The dividend also looks vulnerable and the next update might see big price moves either way depending on viewpoint of how the management are coping. Of course with a cash pile it may be able to ride out the storm and turn out to be a fantastic buy. The do say buy when there is blood on the streets. Im not sure if this is a punt rather than a long term holding. It moves quite a bit each day so might be better to be in and out every few days and pocket the difference.

After the IMS, this fell 4-5% and the price now reflects an amount that is closer to the NAV in the IMS. To me things look to be improving. After announcing the cut in dividend and the long term finance arrangements the new management team seem to be making a difference. Voids are reducing and lease terms extending with expected increase in rents in the future. Whats not to like? I note IC has this rated as a hold but looking forwards, IMO I think this has good potential to continue improving and once the Reynards development is sold things should get even better. The dividend should be fully covered shortly and may be able to be increased in the not too far distant future. The NAV should also start to track back upwards when the rent increases start to filter through. I might use this fall to top up before commercial property comes back in fashion.

Just found it again. Its called Clubfinance. I haven't used them so can't comment on how good or bad they are. Might be OK for day trading small amounts if your into that sort of thing. Guess it is more of a headline grabber and you would have to look at the small print to see if this would really work for your own personal circumstances as I guess they have to get their money somewhere. Often you have to have just the right profile to make these things work.

I was expecting a statement 1st thing yesterday, after having had the weekend to get all the ducks in line, assuming it was nothing serious. I think I agree with you now, jakethedog, there is a strange smell!

I did point her to a few articles Id read, one was only 50p per trade from memory. Although I doubt cost is a big factor unless she is only talking really small amounts. For income I think there might be better shares but she didnt discuss her details in full. "Long term income" was the comment so a growing divi might be better. Buying both spreads risk should one suffer a problem although a different sector would be better for that. I realise its difficult to comment on very limited information but I didnt really want to dig "too deep" at the time but offered my "general feelings".

Thanks mribbles, you echo my thoughts. Maybe it might come down to which ever looks cheapest on the day. Buying both banks means the income is spread but it doubles the costs. I did suggest other income stocks including VOD but it was "my thoughts" on the two mentioned she was after. I don't think she was interested in gold mines, the product maybe but more to wear than invest in. Although for income ABG might be the better bet.

Sorry about that. I had just the Annex not the full report with all the details. Got the full report from PNN website. Tad more detail!

Having just had a quick look cant really decide if its good, bad or a smokeccreen

Maybe the directors knew about this "issue" but it was expected to be insignificant in the overall plan but somehow became a black swan event. Talking to the banks might be to provide a temporary solution if they can extol the positives of the rest of the group overall and provide a decent plan going forward. Not sure how much Kitsons added to the group in terms of income/profit. Many company's delay payments to help with cashflow I think CLLN was in the news recently for trying to extend payment terms even longer and that even the government has been on this issue. Hopefully all will be reviled soon and it wont be as bad as some forecast. A potential buying opportunity in the offing?

For someone looking for "long term income" which would you recommend?. It is a question that I have been asked. HSBA has the higher yield but STAN looks to have a better growing income. Holding both, I countered with a "why not invest both!." Is there anything else that would sway you one way or another? I dont think that either entry is a particular bad one a long term view. Am I missing anything.?

I don't know the terms but I doubt the whole group would go under because of one part. Maybe the directors where expecting something completely different, would be interested to here what the legal team were advising. A few questions to answer though and I'm sure the shareholders might have something to say. I wonder if they will have another get-together

http://www.google.com/gwt/n?u=http://www.shareprophets.com/views/887/scoop-silverdell-shares-suspended-management-appear-to-have-breached-aim-rules-big-time

Maybe it was too far south! At 180 this could be a good long term view, debt is under control and at fairly low cost, is the worst over for commercial real estate? and are prices about to start rising?. The new arena should help things too and a rise in divi? This is one area where the Ziffs and I seem to agree. Maybe I'm being just being greedy in hoping for a temporary fall a bit lower.

I remember reading about a summary of a meeting with SID directors held recently and the overall impression was very good. Whilst I suppose you have to put a positive spin on things to get investors interested, it didnt appear to be too over egged. Although the share price has been falling with good news I put this initially down to the general market falls. The market has been picking up but this hasnt so thought this might become a disconnect opportunity.

Whilst its nice for directors to suffer the same fate as holders often they are "required" to have a holding and it can effectively be given as part of signing on so to speak with options to get in cheap. Although I not saying that happened here. I would be more concerned about me losing a penny that a director loosing a few K

Is this possibly a positive situation? EG New Funding secured, a director recently bought quite a few. Although most concerns imply "bad" news in the offing.