Member Info for jollyspeculator

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Sorry you are so wound up... I am long and have lost some of my profit here as well ...I am disappointed that the gbo sp has not rocketed to £1 and beyond cos I'd love to cash out more profit, but while I wait for that happy day why not trade to amuse and profit? ...I noticed you didn't answer the q...which is fair enough, because it is impossible to know what the local min will be ...but even though impossible, I still wonder lol

so my bet is on consolidation during market weakness...and then renewed surge ..but my recent guesses on the ST sp trajectory for 2 other decent companies with improving sp (RBN and TRD) were both wrong lol...perhaps third time lucky?

enough traders/investors are fretting about gbo's greek operations to drive this lower? Cannot readily explain this continued sell of otherwise... ...if so, we aint seen nothing yet...cos the really empty terror of the situation in Athens has not hit home yet imv...the sad core "fact" is that Greece ( in the end / at a push /under extreme circs etc etc) is peripheral to the European Project...indeed the current Spanish government surely cannot allow the lefty heterodox politicos in Athens to win lest that encourage Podemos? ... ...so the comfortable 40-60p trading range may be threatened?

good...I hope the smile is evidence of abundant joy..we are the lucky ones joyously trading stocks ..what do reckon will be the low point in this sp decline? Or do you just ignore it, o wise one?

pricey imv (and in weakening markets)... and where's the sp chart support?

lookin v weak...albeit little volume

wise imv...better to ignore the cash here lol (cash is probably needed to pay future claims, so isn't net cash in the standard way) ....still trades at substantial premium to tnw (after further risk provisioning flagged in recent rns) ...dyor, all..and just Jolly amateur opinion....but this is not one where cash is king...interesting/unusual...welcome to insurance

is not too much higher...perhaps 6.5-7%? ...looking briefly at last year's accounts, our finance expense is hefty c10% of debt o/s .(seems v high)...so refinancing @ lower rates could save over euro1m/year ...every little helps

SS&C Technologies this afternoon completed its offering of senior notes via joint bookrunners Morgan Stanley, Deutsche Bank, and Bank of America Merrill Lynch. Co-managers include Barclays, Credit Suisse, and Jefferies. Terms were finalized at the midpoint of talk, along with a $100 million upsizing. Proceeds will be used to partially fund SS&C’s $2.7 billion acquisition of Advent Software and to refinance the loans outstanding under SS&C and Advent’s existing credit agreements. Commitments on the concurrent loan were accelerated to today at 1:30 p.m. EDT. SS&C is a global provider of financial-services software and software-enabled services that trades on the Nasdaq under the symbol SSNC, with an approximate market capitalization of $5.7 billion. Trailing-12-month net sales of approximately $788 million turned out about $296 million in EBITDA, according to S&P Capital IQ. Terms: Issuer SS&C Technologies Holdings Ratings B+/B3 Amount $600 million Issue senior (144A) Coupon 5.875%

unfortunately I am half long/in lol... ...patiently waiting for sp to plumb 40-45p area to buy back more, and then hope to repeat the range trade that traders incl shorters create here... ...now the obvious "up channel" is in doubt, I reckon the chances of retesting 45p (if not 40p) are fairly high ...I stay long (all in at times, less so at others) cos there is a (?v) decent chance that gbo will come good ...eventually

and if you look past its slightly pricey multiples (esp given currencies issues ie rel strength of £), this is a terrific component in a lt pf...imv ...enjoy yr w/e

lol

surge towards 30p in prospect imv

surprised by strength of support @£2...plenty to worry about imv

somewhere here it either bounces properly towards £30 (cos div, decent company going through soft patch) or craters through support towards £20 (cos market has taken against metals...remember the Super Cycle?..another nonsense in the dustbin of hyperbole...alongside G.Brown's "No More Boom of Bust"...couldn't make it up...where do these folk mine this nonsense from??)

has been dropping...now close to 19p...so I guess we have a persistent background seller? ...I am not buying more until the effective bid is rising into significant trade volume

but agree 5-7p may be worth upping my micro holding (1500 shares lol)

sold another 1000 @ 1.71xp...holding 3600 @av cost c50p ..torn between feeling this is pricey and respect for mojo ...I guess c£2 would force me to cash in more of my winnings and get on to free carry

30p+ imv.. ...the business model is so leveraged that EBIT may really motor lol