The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Sopt on? What an idiot! So you can cut & paste from various dictionaries, lexicons, etc., good for you! The facts are the facts and all I have ever written has been correct and never in any kind of pompous or dogmatic way. It is not a dogma to observe factually, nor is it pompous to quote an opinion to which I am entitled.. I have been proven correct ... witness the above messages!
First of all, I suggest you look up the meaning of pontificating before using the word, which is wholly inappropriate in this instance. My comments have been factual and represent my opinion to which, I trust you will agree, I am entitled. Also, apart from being in the same sector, the Stagecoach price of £3.50, is irrelevant to the FGP position. A bit like comparing the position of Chelsea with QPR, which would be totally fatuous!
Well, all I can say is the longer you give it, the more you will lose.
Sorry to hear that your wife holds 6k shares, which, since they stopped paying divi's and had a rights issue, have probably halved in value. To be frank, my personal recommendation would be to sell these as, in my view, there is no reasonable prospect for a return of dividend payments, but every chance that the value will continue to dwindle. They have lost value every year for the past six years! Investing here is a fast track to the workhouse!
Sorry Paul, anyone who holds these shares can expect to lose substantially. O'Toole's statement is nothing more than a reiteration of the lame excuses which have been made continuously over the last few years. He has delivered NOTHING but misery for investors ...witness, his fatuous comment that the falling oil price will have an adverse effect on Greyhound services ... what a you-know-what! I'm out!!
Based on market conditions, (currently bullish), and the usual dynamics of supply & demand, (buys +40% versus sells), this dog should be on the rise ... so why the fall? Call me a cynic, but could it be to pay off the yuletide debts of traders?
No, not Chris Rea's M25 song, but this share ... FTSE up, FTSE 250 up, buys greater than sells, yet STILL in decline. Down 1.25% today, making the fall, (in less than a week), about 4% & 28% since the March 2014 peak.
Anyone can see via Equniti for £12.50 per deal, so don't get this at all.
What was the, 'missive,' you refer to? Where can I read the details?
Correction now 2.4% down!!!
What a brain-numbing dog this is. FTSE 100 up 0.35%, FTSE 250 down 0.3%, FGP down 1.9%, against a background of buys outstripping sells by 20%. As I've mentioned before, FGP ALWAYS outstrips the market when momentum is negative, but NEVER seems to perform when the market is bullish!
So as expected, (albeit too late), this share price finishes the year 27% below it's 52 week high and 16% below the 2014 opening price. Now, given that the previous 5 years also saw similar tumbling price performances & the ongoing non-dividend payment, what are the directors doing? It's absolutely ludicrous that this company seems to be being run solely for the enrichment of the directors ... an to hell with the investors! What will 2015 bring? Let's hope for a takeover OR some major divestments!
As I do not invest to make huge losses via so called, 'leading companies,' ... Who cares? I do!
This dog gained only about 2% last week, (£1.045 up to £1.07), so clearly not a rally. Indeed, a big chunk of last weeks, 'gain,' has been eroded today. Actually, the Goldman Sachs comments were on 08th December. The share price went above £1.13p that day, then quickly out-performed the market by dropping about 11% in a week, touching around £1.01 on 17th! I wish I had your optimism!
Watch out for a huge UT drop at about 16.51 today! SGC up by about 2% ... my forecast is that this duffer will close at about 0.1% up.
Clearly FGP will not benefit from the oil price? Yet again the dog is bucking the market positives and predictably into the red, and this whilst all competitors, (SGC, NEX & BYG), are all trading up!
FTSE 250 down by 0.45% ... FGP 1.4%. Will be down below £1 soon and heading toward more than 30% below it's 52 week high. Now that really is restoring shareholder value! O'Toole ... what are you doing?
Well, when will we have ours. Absolutely unreal yesterday: Positive news via Scottish press, FTSE up 2.4%, FTSE 250 up 1.3%, FGP ........ up only 0.1%. As mentioned previously, the ONLY time this share outperforms the market is when it's in free fall. Anyone know the location of a good food bank?
Plumbing new depths soon?
Clearly not! I see the City is not impressed & price down by about 3% since yesterdays opening price! This remains a dog until they do actually divest and restart paying a dividend!