Member Info for jl5006

Rocker1 - I see you have set out your stall. I shall include this share on my watchlist. I look forward to see if you are rewarded GL

Look at London St EX and you will see these are mostly Sint or Xoff deferred publication transactions .

Have you opened the package and understood what is inside? Is it good news for you?

Hard to see the justification for the failure to rebound. Directors either have very deep pockets and are bonkers or this error was discovered and as should be disclosed . If the hit is 5mil is that the justification for such devastation. Directors think otherwise. Look ahead . Shares were over 4 not so long ago. We are looking at a one off accounting estimate error. OMG.

Sorry predictive txt makes me mad! Cont. DB have disclosed 4 swaps when the no of voting rights have changed. Morgan have disclosed dozens Will only a change in overall voting rights require a further disclosure or will a change in any swap need to be disclosed?

SeedyG s we understand the absolute basics but do not readily understand why and what the benefits and potential losses are for the involved parties and for shareholders. It looks like JP have made a full disclosure of the dozens of positions now taken but how does the average investor understand. DB have not disclosed a short position yet shares appear to be shorted in large numbers Can you provide a simple guide?

Got to be a buy at this price. See late trades.

A little something . But why? No news no broker comment! Market is vicious. RTN fair results but still 10 pc shorted. And back down today. Another algorithm short. Latest CVR loses 80 cent over c15m estimate error. Glad I sold @ 2 90. Need to buy back in Bargain Booze and all that.

Still showing as 10 per cent. Thought that the fair results were part of the reasons for the buys after hours but no reduction yet in the Shorts per Short tracker and a drop again . M & A ?

Rxdav. As an auditor in previous life I had to ensure that I could document the workings of the organisation through to the income and expenditure account and balance sheet. Swaps appeared and I was told to get confirmation of existence and tick the box. U may recall that many local authorities in London in particular lost loads of taxpayers money with interest rate swaps. Permitted rules are so abused that it is impossible for any auditor of DB not to have the wool pulled over his eyes. I should give up trying to understand how regulatory bodies ..paid big bucks..can't scratch the surface. USA regulators bite first. If the algorithm program lessens then perhaps we have a chance market forces were said to be a fair way forward but there is no fair play here

No of shares traded after 16 35 Nothing untoward or suspicious? Calssified off book or delayed what??

Arsenal 58 U seem comfortable with the disclosed position regarding the Swap (s). I guess that DB only has to disclose a change in voting rights via Rns?? If so DB can play around with its Swaps - however many there are -and we only see the overall changed position?? Expiration dates of Aug 18 from the Oct 17 disclosure, 4 Nov 19 from the Jan Rns then 31Jan 2020 and finally back to 4 November19 per 1 Mar Rns. If all this is above board the poor PI cannot get through the maze and will drown unless he/she can get on a DB update course to understand the basics and then the advanced mechanisms in place which hide what is going on. Guess even FCA have not been on both these courses.

Glad you have joined. Much clarification needed but nothing forthcoming from BOD. We could see a significant reduction in costs if LB does not deliver as promised. Could be execution French style. Interesting to see the STO form and the fact that PIs can't submit - but surely some org is failing in its duty not to disclosure the unusual trading scenario. No surprise then that the little man has no voice. Collectively we can build - keep chiseling - . Above all don't be afraid to comment - but note the BB rules

Bestintown The disclosure threshold is 3%. DB first disclosure 27 Sept 4.63% + 0.38% Swap with expiry date 31.8.18. RNS shows N/A under previous disclosed holding. I believe that all changes to holding have to be disclosed - hence RNS dated 18 Jan ,14 Feb &1 |Mar. The small �212k of stock has been loaned out - for sone to Short? There is no record of a short in excess of 0.5% - which is the starting threshold for disclosure. DB don't have short position themselves but it seems a counterparty does. My postings have been a fishing expedition. The article I posted was written in 2005. Matters today will be even less transparent. I am hoping that others with greater insight and knowledge can clarify or assist to get to the bottom of the share lockdown.

Sometimes, trading through equity swaps is referred to as `synthetic prime brokerage' - with the swap contract deployed as a substitute for borrowing stock to achieve a short position, or equity finance to achieve leverage on the long side. Many hedge funds use this synthetic prime brokerage service as part of a full service prime brokerage agreement - with equity swaps used side by side with stock loan and other services for particular parts of their portfolios. These days, dealing in equity swaps can be conducted with seamless connectivity to program trading and electronic execution systems - a key service for funds that generate regular, large-scale automated orders. Deutsche Bank has positioned its equity swap product so that it is fully embedded into the trading infrastructure of the firm, to make execution as seamless as possible. We could only achieve this by continuing to reinforce our ethos, 'from sales to settlement', in the quest for efficiency. https://www.hedgeweek.com/2005/09/08/equity-swaps-alternative-trading-equities Is this what is going on?

Have u lost it? That was the uncrossed trade at close of play. Not a good day but lots of activity after close of play.

Nothing worthwhile to say -then why bother. What was was and what has been has past. We are looking at today. Everything has a risk - drive your car - dine out. No good saying I had a bad meal in Shepherds Bush 30 years ago so I won't eat out again. Have you ever run a business? Think its easy? Invested here?

The segmental analysis in the interim accounts shows motor, household, underwriting, travel ins, travel etc as each having a fair impact on overall profitability. Net c�85m. I don't change my supplier unless I can see the benefit - I do the maths. EDF told me that I would save �100 a year by switching from BG. The benefit when calculated using each of their tariffs was less than �10. The reverse happened when moving property - stuffed BG went to EDF- benefit c�15.EDF were the current property providers. Car insurance - my provider Saga - Swinton will bribe me to go with their provider. A bribe for one year and a sting in two years time. Comparison websites galore - so no need to overpay. Over 50s don't chop and change their travel, home, car insurance, utility supplier on a whim. Kids and millenials do. Why? Their twitter friends say so. I don't see a mass migration. My conclusion is that their is no justifiable reason for the drop from +�2 in summer 2017 to current SP. Someone will fill their boots at this price and I bet no regulatory body does anything !

I know we are all guessing. We hope to glean something from others to soothe the pain. I am a Saga insurance holder as is my wife. No broker can touch their quotes so I do not see a vast exodus. Home insurance - not a holder - but not likely to me a major upset. They have mitigated their risks with third parties. Their travel packages and cruises seem popular and will grow with the new ships. They look after their over 50s. Their market is a growing market - nobody is getting younger - tho' Amanda Holden thinks she is. Won't be long before she joins the club. Just can't fathom it out. Don't understand the large Algo trades at 08.10.26 of 44200, at 12.42 of 97994 and 57117. Were these reinforcements because the generally small trades in sequence at seconds difference were not doing what was anticipated? There is no way for me to know whether the Algo trades are all sells - tho they show as buys and sells - because the spread is so tight. So is it all down to MMs. Abuse?

The Times reporter with insight? An industrial reporter covering planes to nukes. Would have been a struggling artist in another life and now pronounces on the state of what was a �2,000m company. As Mulder states - bit late with the comments - but guess he was stuck for something to write! The Times was the objective reporting scholar. Now down in the pits of reporting. Don't think that Collingridge comment had any impact - but there are those that do react and sell. We humble PIs have to accept all this and try to take advantage where we feel able. Don't see how all this Algo stuff with the transaction levy attached makes sense - but just maybe some clever cloggs has a programme that can make �100 a day from guys signed up to the algo phenomenon. If it works with this share then ...what next?.