Member Info for jollyspeculator

atm...I had to prune my holding sharply today ...look to rebuild a little lower ...always tricky esp after profits warning to have confidence in lt run rate ebit...is it £3-4m with last two years as exceptionally good? or £5-6m+ with this year and 2013 exceptionally bad ...DWHT/A doesn't have the consistence/quality of earnings to be rated like tfw (I get that now after this profits warning)...it doesn't seem to have the market power that would protect it better from exchange rate changes etc ..salutary

are dangerous

misread yr post...ah 14s... ..suspect decent bounce from 15s before that?

pretty cheap now.. ...but I doubt iron ore price has bottomed... ...and if we have another few shocks to the global economy any time soon (esp deflationary shocks) then all miners remain extremely vulnerable (tho rio less than aal say)

scary

.

Universe (AIM: UNG.L), a leading developer and supplier of point of sale, payment and on-line loyalty systems, announces that it received notification on 22 January 2016 that on that date Baljit Tank, a Director of the Group, disposed of 3,500,000 ordinary shares in the Group ("Ordinary Shares") at a price of 7.5p (the "Disposal"). Mr Tank is using the proceeds to fund a property acquisition.

the table @11.15p ..hold 18k

P2...I also halved my free carry @ 28p+ ...looking to buy back a bit here

as well @386 (hold 6k)...looking for sub 370 rebuying there...and sub £5 re-entry here

chartists will be tested ...my bet is sub 20p JMB

why not? question is low or mid 15s....see it retest lows?

discount for As still much too tempting:£3.85p v c£6

oh well...sometimes these things happen...370 was a good price ...I wait to see whether I can match that or better it ..discount to ords reduced a little but still 35-40% ...EV/EBIT for this year now much higher (?c10-12 perhaps), and the variability in earnings in now becoming more of a concern (we had a sharp drop 2-3 years ago as well)...so a rating of 6-7 doesn't look absurd to cover that risk ..so my strong buy is now on hold for a while at least

just so many...and they keep on keeping on ...most need the firm oversight of private equity...where management is properly accountable

for ex inv bankers?...u know it ain't going to be polite ...what are inv bankers good at? Again difficult to be polite ...if they were successful in private equity I might take any claims to investment savvy a little more seriously...but investment banking is not about lt value creation/outcome..it is about the transaction ..Just do the deal..and let other sort the consequences...or even better do the deal..it has problems ...and do another deal "sorting out" the mess

can see this testing £4 if not lower...as RI takers derisk into weakness ...and indices in general have a long way further to fall...esp the s&p ..imv

no more of this French malarkey.. ...my learned contribution translates as "it's magnificent but it is not investment" ...echoing comments of a French general M Pierre Bosquet watching the charge of the Light Brigade

don't like goldies..yet ...if janet dithers and treasuries enter meltdown, then i'll probably accept that au is good hedge

BREXIT? ...oh u mean about MIRA.. ...well, they have written fine words in their update ...time will tell