Member Info for JMC66

Wow, super response & a good analysis of the man imho, from someone whom I assume is not a lover of JC. Personally I am not an investor, but taking shares in RMG appealed to me as it is such a strong institution. If it is taken back into public hands at any reasonable price, then Ivan weigh that against the dividend I’ve received & it would be hard to be worse off than sticking it in a bank to be abused by the corruption of the banking community & complicity of government propping them up.

Oh. I see, so what you’re saying is that he is a politico who will keep his commitments to the letter. Regarding actions & timescale. I commented that I did not believe it would be a priority & did not believe that he would re nationalise at less than the original value, not that he would not re nationalise at all.

Perhaps, please tell me how you can "assure me"

I am new to this but have been following thread for a while.

I have only ever owned RMG shares, no others. Managed to get 4 X 227 in initial offer (for family) and made mistake of having 3 sets on certs, therefore very expensive to sell but hey ho dividends came & was very good return.

When shares fell to such a low last week I purchased more (only 1000).

Having read this thread I had hope over expectation that Falklandinvestor was right (even thoug my rudimetary virgin share investing research made me think it must be wrong) I transferred more hard earned to Degiro and placed my order @ £2.90 no joy so far.

Simply put from a non investor, if shorters are betting that a room with £3.5b in it is going to be worth less in a period eventually the must get burned, I understand that this would not be the case with a company whose assets wher not so liquid or tangible however not the case with RMG.

With regards to Corbyn, the Labour party made such a fuss about underselling RMG, that in my opinion he dare not attempt to re nationalise at less than the initial offer. He will also have much more pressing matters on his plate (brexit, railways) that I think RMG will take a back seat for a good while. This is assuming that there is an election (very likely) before 2022.

I have thick skin, so if anyone feels I am being naive or am simply wrong, crack on