Member Info for Impecunious2

I hope he avoids "amazing" and "fantastic," both of which I dislike. "Excellent" and "outstanding" have slightly more class.

Hi, Enrico. If you want to keep off the wine, try Aspall's Premier Cru cider at 6.8%, or Henney's at 6%. Both are dry, not sweet.

Thanks for this, Phoebus.

Please, Zoros, don't say it. It always brings bad luck.

Thanks for the link, BTB.

Hi, Johnny. I agree with you that OMI has more upside potential, because of the smaller market cap. But one caveat is this; we know that Gervaise H is an excellent CEO, because he has shown himself to be so; whereas Brad George is an unknown quantity. He seems a charming fellow, but that's no guarantee of competence. Look at our prime minister.

Thanks for the replies, Legal and Tommy. I'll transfer some over, in late December or early January, when things settle down a bit at GGP.

Thanks for this. It's the rational thing to do; but I can't do it, because I'm sentimentally attached to GGP (which has rescued me from fifty years of poverty). Also, there's a practical problem. If I do a 50/50 split, I have to put 400k into OMI, which I think is simply not possible.

Thanks for the link on this, Timbertrader.

Hi, Forseti. If it's any comfort, I'm caught in a similar dilemma. I want to buy some OMI, but can't bear to sell any of my GGP, which is the only way of doing so.

Stop losses work OK on the main market, but not on AIM, because of the greater spread and volatility, and manipulation by the jobbers.

Hi, Hornblower. I don't understand why it would take you a couple of days to do this. It can be done within a minute or two, provided one knows how to use the brokerage website. The problem you'll have is the spread (which is now reported as about 1.7%, but fluctuates all the time), and of course the two commissions.

With regard to capital gains tax, the annual allowance is presently £12,300; so if one wishes to take only this amount of profit (from the dealing account) each year, there should be no tax to pay. I don't think Sunak will abolish or reduce this allowance; he needs to remain popular with Tory MP's, in order to become prime minister.

Thanks, Forseti.

Hi, Forseti. Nice idea. I may do the same myself. Did you have any difficulty buying OMI? I've heard from others that the online market size is very small. £10k or £20k is the amount I have in mind.

Between OMI and GGP today. OMI reminds us that dilution is an evil best avoided.

My memory of placings at GGP is that the share price falls to the discount price, or slightly below, and then goes sideways for 3 or 4 weeks, and then recovers. But in this case, if the CEO put in £50 or £100k himself (which is not asking much), the recovery would happen immediately. And he would be in profit.

Now I understand why Brad George abstained from buying any shares in the company.

Hi, hydrogen. Some of the sellers will be selling from necessity. I'm going to have sell some myself soon, to pay for the rent. I have slept on the street before, and don't fancy doing so again.

Congrats, everyone. Unfortunately, I'm locked into GGP, and have to content myself with a meagre 9% rise. One day in the future (if it's ever possible to buy a decent quantity of shares), I will join you.

Hi, LOR. Please don't say it. I remember someone saying it about Metal Tiger, and the share price plunged on the Monday.