Member Info for GRAHAMBARNES

What happens to WTG claim against PWC. I am confused as to what is happening to the shares, money, settlement etc.

I thought I read or heard some time ago about SHG applying for FTSE 350

If I break even, I will be happy. Second post

Good morning, if I remember correctly a number of years ago , Gem found a large number of big stones and the price hardly moved, at the time, I believe you and I commented that if they found a stone the size of a football the price wouldn't move.
Lets hope now is not a repeat of the past.

I'm with you Nick.
Kind regards
Graham

Good morning Mick, I am still holding my Shanta, I don't often quote on here, I leave it to the brainy ones.
Graham

I have 3000 WTG shares and Jarvis are showing the book cost as nil, has anybody had a similar experience.
Before receiving £3,300 on the 30th June Jarvis was showing the book cost of my WTG as £6,235.15, which I agreed. After the 30th June the book cost was shown as £2,935.15 ( £6,235.15 - £3,300.00) which again I agreed but when I received the payment of £1.200.00 the book cost was shown as zero. I was expecting the book cost to be £1,735.15. Can somebody explain it to me please.

Thank you sir, that is very kind of you to explain it.

I have been holding Watchstone shares for years and years, if I sold these in the next few days would I receive the two cash returns.

I hope that is the last we hear of the hedging/open position

Sir, when I worked for a metal company, every month we produced a profit/loss and all our hedges/open positions were valued at the month end based on LME prices and the unrealized profit/loss was taken into the accounts.

You can close a hedge/open position at any and on the prompt date pay the difference to the broker.

Good day, I will be glad when this hedge/open position is closed in June because I am fed up with keep hearing about it.

Thank you kindly for answering my email, I thought the selling price today should have broken the 12p barrier.
I saw lots of sales today well above the 11.50.

Who are the market makers for Shg.

I agrre with you sir and have said similar over the years, a great bunch of guys.

Thanks to everyone this morning for their great comments

So do I.

Dear Sir, I think this is an excellent analysis, thank you very much.

I don't know how SHG account for their hedging or open positions but the various companies I worked for in the LME. We had two accounts recorded in the profit and loss, one called LME Hedging Realized and the other LME Hedging Unrealized. At the end of every month all the open positions would be valued at the prices quoted by the LME to close those positions on their prompt date. These figures would be taken into the profit and loss every month, therefor when you got to the prompt date the position would be closed, that difference would be posted to the LME Hedging Realized Account. This meant that when the position matured there was never a great big loss or profit in the accounts for that month. Trust this is clear but if not please let me know.