Member Info for leas

Just another observation (rant) Communications and its infrastructure has been a revolution for the world over the last 30 years. The development has been so swift and mind boggling that at times some people must have thought science fiction is becoming a reality. Throughout all this, BT has been delivering this life changing technology. No state help like other countries. No government incentives for other companies to get involved.
BT delivers but the government tie the hands of BT on the grounds of lack of competition and unfair price rises. Despite all of this BT goes about it's business whilst the sp is in permanent stagnation.

Do you really think that? Do they care. For example, GS went bearish in 2012 on companies producing platinum citing many factors including recycling of catalytic convertors. Over a short period of time the price of Platinum fell and some of the mining companies went out of business. This in turn affected the African markets as 80% of the precious metal is produced there.
Any guesses for who was taking advantage of the crisis? GS who have built up a good position in the precious metals markets as they recover on the back of the Pandemic. I doubt the analysts that were predicting a move away from precious metals back in 2012 will be cleaning egg from their workstations.

fleccy, this is my third financial crisis since investing and have learnt from experience when to walk away. Sold my entire pf back in early April with a paper loss of circa 25%. Imo, the market will fall further when the US stimulus runs out of steam and the true financial picture develops when job losses increase and more 'good companies' cease trading. Throughout all this the European markets thinks its fair for investors in allowing short selling. Corrupt? of course. Institutions know where the bottom is whilst the 'blinded' pi holds through loyalty and ignorance.
I am sat totally on cash and will try and time my investments alongside the inevitable reverse.
I cab now buyback double my shares in LLOY for the same cash taken out, but even that does not tempt me back as a market correction is long overdue.
All my 2 peneth of course but really wish all private investors the best and hope their investments recover on the other side of this pandemic. One thing of course, health is more important then wealth!!!

Daave,
Citidel slightly increased their short position last week and I would guess that someone taking such a position would ensure the share price opens weak at the bell with those auto trades. It could also mean that someone wants to purchase a large quantity of shares at a discounted price. Take your pick.
The UK and our Euro partners have been threatening to stop shorting for years but never seem to bother. Must suit their agenda in raising tax from trades. It least it would make the market more transparent and offer a little more protection to the private investor.

I believe it was H2

Pippa
'The other things is that we used to burn a lot of coal. Now we have stopped doing that I feel 99% certain that there is no need to also cut down on petrol/diesel/heating oil.'

Your views are focused on the UK and not the planet. Emissions are rising globally as emerging economies grow. After I visit a beach I take my litter home. Despite that at 6pm the beach will still look like a ****hole. Uk may do its bit in trying to go carbon neutral but we have to do it together with other nations.

ag0691, you could argue that QE in the US does help the markets in the UK. Many examples of the FTSE showing weakness on opening only to end the day up when the DJI is green.

Rosewall, apologies I thought you meant from a regulatory body in the UK. Not so sure shareholders will reject it and cannot see employees rejecting it if there is a cash injection to their pension.
I agree that it may fall by more than 50p on XD but like I alluded to earlier the sp may get a boost when and if the Thai regulators allow the sale.
Of course all speculation but uncertainty may be the reason why it keeps falling.

Rosewall, not sure that they will be any UK hurdles. From what little bit of research I have done the Thai regulators will be the one to clear but I can find very little info in relation to mergers and acquisitions that have been rejected by them in the past, so difficult to judge their sentiment.
That said, it is a lot easier to get the 'job done' over there as any obstacle can be readily dealt with. :)

I guess that will only be announced after the Thai regulator has given the go ahead to the sale. The city opinion at the time was that Tesco Lotus was good value for shareholders and a hefty cash injection to the pension fund.
As posted previously the uncertainty exists and imo the cause of the sp decline.
I can see a rebound coming if TSCO get the ‘green light’ so patience is required for now. Have to say I’m very tempted today and perhaps buy a tranche when the trend of finishing weak at the close breaks.
ATVB to long term shareholders

The Thai Antitrust Regulator has still to approve the deal with CP. They scrutinise any deal that may lead to a monopoly.
Maybe this is the reason why the sp is coming under pressure from the announcement as the uncertainty exists.
Cannot find much information in respect of TAR blocking other deals in the past so difficult to judge whether or not they will block the sale. As mentioned an announcement is expected in H2 but that again is uncertain.

Apologies to holders here. Will not comment further. Hopefully bottomed out now. It’s certainly primed for a rebound. A good solid investment for a yielding share as long as your happy to keep collecting the dividends.
Good luck Arsenal and all.

arsenal, Walmart own Asda. A merger with Tesco will be bigger than the SAinsbury’s deal.
Sitting out of the market has not cost me anything as my investment portfolio is quite diverse. In fact I deliberately took a hit on my ftse shares in favour of cash. My strategy served me well in the property crash and the last global financial crash.
If you don’t think that there will be a MC correction after the Asian sale and a merger with Asda Walmart then you must be deluded.

macau, I totally agree. I am not knocking TSCO and agree that buying at this level will look cheap in the longer term. In fact I would not be surprised if it moves higher now. My choice for now is to stay in cash. I just don't see a special dividend being the reason to buy or TSCO price matching Aldi across the store.

arsenal58, having read your post and reasons for buying I cannot see any logic other than the hope you have bought at the bottom and are looking for a rebound. They are not matching Aldi throughout the store, only on certain items. The special dividend will result in a loss of MC due to the assets being sold. As for Walmart merging with Tesco the CMA will not allow it. They have already published the reasons for rejecting the Sainsbury's deal which was rejected based on higher prices for consumers and reduced choice.
I am sitting on cash for now and looking to buy TSCO as a good defensive investment. At the moment there is still too much uncertainty around C19 and no matter how much income the company generates the wider market is dragging it back.

@ Seawind 'Listening to the AGM a shareholder asked about the lowly share price and the reply was the market sets the price' and some say Cummings is arrogant. Perhaps if the BoD's were not issued with 'free shares' regardless of performance then they would have more of an incentive to return value to shareholders. To be fair to them though, I see a few of them know how to trade on the market. Both Chalmers and Horta-Osorio sold a chunk back in March in the mid to high 40s and bought a similar amount 2 weeks later in the low 30s.

Sadly, the share price only reacts to broker notes when the price target is lower. 43p is far below long term holder's expectations. For now 'cash is king'

Should have stayed in cash for now. BARC

Asper,
'A very basic comparison that does no include divi yield, IMO those still suggesting Lloy is 'the worst share ever' or a 'dire share' seriously need to examine their concept of investing.'
It's a cliché but 2 wrongs don't make a right. Anyone invested in those shares, including LLOY need to examine the concept of investing.
Sometimes the hardest thing as an investor is to 'sit on their hands ' and stay in cash or gold in situations like this. Not happy to say I sold out of LLOY at a 40% loss as we went into so called lockdown but potentially in a much stronger position now to take advantage of any reversal. My biggest gains from investing has been after the housing market crash of the 90s and the financial crisis of 2008.
Sometimes an investor forgets the concept of investing and makes the school boy error of falling in love with a company and then ignoring the fundamentals of the wider markets that have an adverse affect on values.
Yes things will turn but from my experience it is far better to catch on the way up. Forget the past trying to justify LLOY performance by making comparisons from 2016.
Lots of turbulence on the horizon, US figures, Q2 reports, inevitable profit warnings, job figures not forgetting the high risk of a second wave.

Millionaire, was it a flight only or a package holiday?