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BillTurner1, I have a Zoom meeting at 2.30 and will check again after that. I shall certainly let you know if Aviva are available. I bought a few Barclays shares last month when they hit £1.49 yes I know it's an old adage that if a share ( of a household name) has a P/E below 5 it's a steal, but mathematically that still holds true. I suppose you just have to be patient. Good luck mate.
To: BillTurner1 I agree I have always been happy with Barclays. I know you shouldn't but at my age I have all my eggs in one (hopefully tried and trusted basket) Current account, portfolio, Barclaycard etc. Easy for my kith and kin if I peg it. It's not Barclays fault as it seems a lot of us PI's have been having trouble trading in these new shares. What did Major Tom say? Or was it the Captain? "Tomorrow will be a better day?"
The Trotsky is correct. The MM's, pension funds / invest trusts etc. are hoovering up this share below £4. I have been trying to buy since 8.30 this morning via my Barclays account. Really frustrating as it just keeps quoting the 2 pref shares. I sold £4.40 hoping I'd timed this thing right. I have. But a big slap on the back isn't worth diddly whatsits if I can't plough my profits back in and add the yield to my pension. I've opened a beer to calm down. Glad the missus is at work, she hates me dabbling in shares as she calls it.
I meant £4.40 not £2.40
I sold a load two weeks ago at £2.40 Don't like all this Capital Gains nonsense etc & having to wait for the B share funds. In the company circular it states that New Ordinary Shares admitted to the Official List and to trading on the LSE on Mon 16th. Just for clarification, does this mean we can buy the "new" shares on Monday?
I understand the math's behind the consolidation but will be out of the country during the redemption period around 13 May. As I understand it the "cancellation" process is done for you and you just receive the B share value into your trading account. But does anyone know on what date you can begin "trading" in the new shares so as to top-up your holding back to what it was?
Lamtree you've got the EU sussed. Brexit or not (hopefully the former) I give the wonderful EU ten years and then those T34's(ha!) will start rolling over Europe. Let's face facts Mrs Macron and Mr Merkel can't wait to form a toy army and have a poke at the Great Bear Vladimir. They poked their nose into Ukraine and they'll do it again until they have war. We are best out of it. Actually might be able to make some good trade deals with Russia once we are out of EU. Now that would rub Junker and co's face in it.
To NigeCo: I doubt 99% of us invest more than we can afford to lose. If we did we'd have another fruit machine fiasco on our hands, with Gov't legislation and all. I've learned (hopefully) to spread my investments over a handful of different shares paying decent dividends. Had a gutful of sleepless nights 10 years ago when RBS went under; you lose £45k in one trading day and try counting sheep! No one gets it spot on when it comes to buying low and selling high.
My best mate worked for BT for 40 years, man and boy, until 6 mths ago when he got out with a very generous pension. He asked me what he should do with his £105k lump sum! Well I suggested to him to have a flutter; buy £20k of BT shares (£2.15 at the time) put them into an ISA and just sit back for 4 or 5 years. Unbelievably the 6% dividend on £20k equated to exactly the same amount on his lump sum as advised by his building society. Guess what? he didn't want to play the markets. Well who can blame him. But sometimes, just sometimes, a bargain comes along that you just cannot refuse.