Member Info for Grayling

If in doubt, do nothing. Trying to second guess market chaos is a difficult game to play, but I would hazard a guess that these are good entry points if you have a few years to wait patiently for a recovery. As of this am's fall my portfolio is down 0.28% calculated on investment put in and current value. I am not going to crystallise any paper losses by selling out, but I have shifted money from shares which are likely to recover very slowly into those that will bounce back relatively quickly (healthcare and Biotech). I still hold some RR, but not many.

on the Donald to make things worse than need be. One day the American people will wake up to the fact that they are being run by an imbecile with a severe personality disorder. However, as a good proportion of them watch Jim Bakker and believe that colloidal silver can cure Coronovirus, maybe not. In the meantime the tedious reality show that is the current White House administration of chaos rolls on.

M & G just announced 11.92p (ordinary) + 3.85p (special demerger). Pru results and announcement tomorrow.

Nothing to be jealous about matey. I am sitting by my pool in the sun at the mo with a G & T and it is currently 23 deg with the prospect of 27-29 by mid week, so all is well with the world.

I think most folks would pay to get out of going anywhere near a cruise ship full of geriatric Covid19 spreaders at the moment. May as well play Russian roulette :-)

Dividend held at 23.4p per share. If market continues to tank should get more shares on auto reinvestment in May.

I do not think there is any need to rush in buying more shares at present as the path to recovery will be a long one for RR, with many other stocks affected by the Covid19 outbreak bouncing back much faster than these. It really depends how many carriers go down on the back of this over the next 3-6 months, but I doubt that buying shiny new jets is at the forefront of airline thinking at the moment. Events dear boy events!

Just what we need another idiot conspiracy theory!!! You will be blaming George Soros next. What a TXXT

Doh! But only because the share price has crashed not because they are one of the best investment prospects around. When will people realise that TMF (like Simply Wall St et al.) is just clickbait!

BJ Convalescent Blood products as therapy is a bare one approach but unless it is done very very carefully it comes with significant risk of transfusing patients with other pathogens (e.g. human immunodeficiency virus, hepatitis B virus and hepatitis C virus). It was worth trying for Ebola where the patient will likely die as a result of the primary infection, but even in that disease the data on efficacy is very weak. I think the best shot is a conventional vaccine, but it will take time to develop and test.

Irrational selling off healthcare companies when the world is threatened with a pandemic and GSK (and others like them) will be part of the solution! Ditched LLOY (going nowhere fast IMHO) and bought more of these during the panic sell and quite happy with progress. Onwards and upwards.

Because this recent fall is across the board rather than specific to RMG some of those holding short positions might be tempted to close them while Covid19 has a grip on sentiment and before the inevitable rebound?

Jroo Ditto AZN my biggest holding. Their oncology portfolio has some real gems in osimertinib and durvalumab covering small molecule TK inhibitors and immunotherapy for NSCLC. Both will be massive.

TFE, as you asked GSK. I like the vaccines portfolio, Shingrix is massive stateside :-)

BB Great then you don't need to worry at all about the future of the business do you? I guess they can keep shedding jobs (780 more announced today) and slimming down as the IT services catch up and take up the load. Enjoy the ride with LLOY and lets see how it all pans out in 5 years time. Over and Out.

Educate yourself https://www.theguardian.com/business/2020/feb/25/digital-bank-revolut-becomes-uk-most-valuable-fintech-startup-cash-injection-airbnb-spotify
Obviously the article has a negative slant as it is in the anti capitalist Guardian but the numbers don't lie. This is the future of banking. Oh and don't mention Metro they are a shambles and everyone knows it.

Oh what a surprise Eccles has never heard of Revolut. Well matey that is because you don't get out much (too risky by half this going out business). Ask a few people under the age of 40 is they have heard of or use Revolut and you will be surprised. Also they are not the only alternatives to the big 4 around. I have both a private (free) account and a business account with them and compared with Lloyds business banking it is a sheer joy to use. As for the rest of it Credit cards are all Yank businesses fronted by UK banks (Mastercard, Visa, Amex) so no big bucks there, and as for insurance and mortgages there is no moat around any of that which says it cannot just wither away and die as competition hots up. As for safety ask yourself who's IT is safer Lloyds antiquated systems or the Revolut which lives and breathes hi-tech IT services. The bricks and mortar years are over mate and most people (other than old age pensioners) saw that one coming years ago. Reliance on customer inertia for survival in a competitive market is not a sound business strategy, just ask Centrica how that one is going!

Methinks the covid19 outbreak is the very least of Lloyds problems. Basically it is outdated and, post financial crash, it has a very poor reputation (not helped by the PPI scandal). The business model is basically trying to cling on to a slowly shrinking retail market share in a climate where low interest rates will persist and make it very hard to increase profit margins. Its IT systems have been fragmented and under invested in for years and they are now faced with upstart banks like Revolut who have none of the latter problems. Investment banking (where the big bucks are made) is no longer a UK activity we are leaving that to the yanks, but Lloyds were never in it anyway (only Barclays remains wedded to the model now). All the high street presence is now gone (mainly turned in to Wetherspoon pubs). So ask yourself the question when all of your banking is done online or on you phone, what on earth would make you bank with Lloyds? I bought these as a recovery play sub 50p and should of got out in the brief euphoria of the 70+p days. Got out this am and have put the money into something with a decent chance of recovery post Covid19. Goodbye and good luck.

They wash the bloody chickens to try and reduce the levels of Salmonella poisonings which the CDC estimates cause about 1.35 million infections, 26,500 hospitalizations, and 420 deaths in the United States every year. The annual death rate in the UK from such events is about 6 times lower on a population adjusted basis

I see the NFU are getting uppity about possible imports of chlorinated chicken from the USA stating that it would be "insane" to sign a trade deal that allows the import of food that would be illegal to produce in the UK and would be "morally bankrupt". Well folks you get the chicken you voted for :-) I personally will stick to poulet de Bresse washed down with a nice bottle of 2010 Chateau Beychevelle.......Bon Appetit