Member Info for graham-wales

Used to work for Anglo and shares I have from then were worth £36 per share at the time lol. They will recover just trying to suss out where the bottom is now. Today's news won't help short term but looks like they are getting shot of loss making operations. Need to offload a few more then see what happens if they start splitting divisions then I can see someone buying up what's left. Don't think they will survive as Anglo for much longer.

Starting to think 350 is too high entry now what do you think?

Looks like loss making diamond mine could close so should help going forward but lots of redundancy payments i guess short term.

Read somewhere that debt could reach $12 billion

Look at the industries they are lending to. Housing and renewable energy both getting lots of press these days.

Hindsight is a wonderful thing but I suppose the signals were there investors selling when they shouldn't be have and dividends stopped once they had sold out. Audittors should be investigated

Made their money from the dividends and subsequent sale of shares. Raised £6 million via entry into AIM which in theory was 3.5p per share yet they were selling shares for 80p plus at the beginning. This has been a con from day one and authorities should come down hard on these sort of companies. Fact is they can now de list from AIM walk away with profits made from private investors and still have the cash they initially came with in the company.

Should ban all Chinese companies listing on AIM full stop.

Skippy I suppose the way people look at it is that if they sell some at this price they can buy more back at 118p. Ok if you have thousands of pounds worth but not for us pi's.

Yep agree. The SP is irelevant really as yet to find anything paying the same dividend based on this price. If it stays in this rangte would be more than happy.

Will go half in at 350 and the other half at either 330 or 380.

Not sure there are many shorts on this. can't believe this is dropping so quick and consistantly doing so. Jolly Cheers for that not sure where this is going to end up now.

Its a mugs game thats for sure trying to find that one to invest in long term is so difficult. There is one that pays fairly good dividends paid quarterly if your interested take a look at GCP. The share price does#nt move much so don't expect to make a killing on the price movement lol. They loan money to companies lol so boot on the other foot so to speak. ATB

Where will it stop. Jolly any thoughts

Forget it

Hi Octavia All still around I think haven't seen Dan for a while, seen something on Jelf the other day and thought of you lol. I'm restricted to a couple of slow growth shares now no risks for me.

Costs are still a problem with Anglo. They need to stop paying dividends for starters.

Would agree with that they are buys.

That's what happens when you have a watch list with a couple of c's

http://blogs.timesofisrael.com/the-murata-hackathon-japanese-hardware-meets-israeli-developers/