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Hi Folks
I'm currently looking to crystallise some of my (quite significant) losses in AST over the last 10 years! Thankfully i'll be offsetting them against some gains on others.
In doing so i've been asked whether AST qualifies as a share for EIS (Enterprise Investment Scheme) which would enable me to offset losses against income rather than other gains.
Has anyone here ever come across this issue, or do you have any insight into whether AST would qualify?
Hehe I could do with a lift from this one!
Can't find any news though. Any ideas anyone?
How LSE seems to have decided that 24p is as high as the AUG share price is going to get! They seem to have frozen on this one!
I'm almost back into the green on this one!!! Surely this cannot be?!?!?!
Maybe they should retract their buy rating!!! It doesn't sem to have done much good does it?! I'm giving serious consideration to getting back in here now. Another few percent down and i think I'll ytake the plunge.
I just wish i'd goten out of all my other shares too at the moment! I am taking one hell of a beating!! Ah well. Heyt ho!! getting married on Saturday and off on honeymoon for 3 weeks, so we'll see what the picture's like when i get back i suppose!!
Yeah but Yell is a bit of a special case. That's a real pig of a share imho. I wouldn't be surprised to see another 30% knocked off it in the coming couple of weeks.
I watched the 174 come and go. In the current climate, i think we'd be off our heads to try and catch a falling knife! What i do know is that this is good value. At the current price, as a long term play, it's fine. However this also seems to be the only share I can consistently get my timings right with, and my gut feel tells me there will be better entry points. If i can get in at around 155p then I will fill my boots!!
Haven't been in here for a while (i last sold out at 238p). In teresting to see DM buying more shares. A small amount yes, but he's not really the type of guy who gives his money away! I thought that the share price might have ben hit a bit harder by the economic chaos in the Eurozone but it's holding up ok at the moment. My target for getting back in is 174p. Whether we see that or not is debatable, but I'd quite like to get in here again. My 3 previous forays into MEC have all been highly profitable..
Things could be worse! You might have planned your dream 3 week honeymoon to surprise your future wife, who you're marrying at the end of May, in that beautiful location of....... Thailand! Nah, I mean really...... Who would be that stoopi... oh yeah..... me!
They all ran away when the big scary monster arrived!! Another excellent day for Mecom. I was very pleased to take my money out for a wee while, although there's always the chance it'll kick up again tomorrow. I think the morning will be the critical point as to whether it settles and retraces or kicks on from here.
I'd much rather be wrong with a few grand of profit in my pocket than be wrong and watch my hard-earned (honest!) pennies drift away. There's no real right or wrong is there really? You holders will do well as long as MEC continues to perform. I might make a few quid on the way up, or I might have got all I'm going to get. In any case, that's my honeymoon to Thailand paid for!! The very best of luck to you.
Thanks Firefighter. I'm not sure about the analysis of the historic shareprice to this current sp though. I'd be really interested if anyone can provide the analysis of the historic (pre rights) share price, right through to the consolidated price from last Summer. In my memory, it's not as simple as adding or subtracting the zeros. I'm just genuinely interested. DOC. I'm not suggesting that there's been no reason for the surge. Just that it's a big climb over a few days to be sustainable without some very solid news (all of the basic foundations have been in place for some time, yet the shareprice has fluctuated pretty wildly). I believe in the company but as a trader-investor i try to take advantage of the swings. I'm not a chartist so there's no real science behind my actions. Just a pretty well researched view and a bit of gut feel. It's been far less succesful elsewhere so there's nothing to guarantee I won't be wrong this time!
I'M OUT! Sold my lot at 228.625p. Not comfortable with the volume and the lack of substance behind the recent surge. This the second time I've done it (got out at 174p and back in at 129p a few months back). All the best to all of you who hold. Us MEC'ers have put up with some sheeet in the past and you all deserve a pat on the back and a swollen wallet! I will look to get back in again if I'm comfortable with the foundations and when the real support is there for the next upwards push.
Ahhh sweet Mecom. All those hard times make the good times even sweeter!
But given the afternoon perfoirmance yesterday once the Americans were up and out of their beds, we could potentially see some fireworks this afternoon. A lovely afternoon like yesterday's would be just fine!
traded today at 44p! Big spenders!
We get going again! I was starting to think this one had gone to sleep!
Excerpt from the man's diary today..................... Europa Oil and Gas (EOG) has updated the market on its Hykeham-1 prospective well. Europa declares itself "pleased". This is reassuring for Europa shareholders. But not as reassuring as yesterday's announcement from Mediterranean Oil and Gas (MOG) where the directors declare themselves "extremely pleased" at the upward revised reserves. "Extremely pleased" in this context is unusual. Some will be tempted to regard this declaration of pleasure as merely whistling in the dark - for financing of Mediterranean is still not settled. But I bet it will be. And a capitalisation for Mediterranean, at 45p, of less than £30 million is ridiculous. Arguably at least five times that figure is in order right now and I suspect that a great deal more will in fact prove to be the case. I have paid 41.5p.