Member Info for Maffa

Think 40 at the top end may be possible by the end of the year. Looking at stocks as of now valuation terms Banking stocks are for sure undervalued. October is a rocky month generally for stocks which will IMO give stocks overall a rough ride. May pull Banking stocks further down but I think more likely to come back in favour as a decimated sector - results due in a few weeks and hoping the massive write downs by the banks will be higher than required. Don’t think a 2nd lockdown in the UK is really an option...same for the rest of the world. Regional certainly. I genuinely think these are in and around the lows re Banking Stocks within 10-12 percent very worst case and certainly vastly more upside in time. This time next year where do most think this stock will trade at? Vastly higher....from these levels - what do we get for cash at best,,,,,1 percent a year. ??

I personally have bought equal amounts of Barc, HSBC and Lloyds. 6k on each yesterday at near the lows. Always put an buy order in personally. The Banks IMO are undervalued if any further weakness will add. First of a few forays and happy to add on weakness. 22/23 may be the absolute low but all it will take is some good news Broker upgrades - upcoming results better than anticipated and will gap up and move up quick. Covid vaccine news and hope a few months away? Brexit deal etc. Talk of 15 pence even 20 pence is just wishful thinking and ain’t going to happen. Only luck that you may get in at the low, looking back in hindsight. If they move up and not invested you are looking for them to come down if they do for a few weeks ....And thinking have I missed the boat? First ranged traded the Banks in 2008. Bought at 28 and sold at 33 of recent months...do tend to sell too early but a profit is a profit. Know many of here have massive amounts invested some holding and adding all the way down from the 50’s and 60’s. Also there is for sure a mini boom of recent times in the housing market encouraging and many if not all are aware. GL

So 5 pence open tomorrow good luck with that ?? #get richer

With respect with Johnston Press my previous employer circa 20 years CA lost out not as much as could of been Viking purchasing and lost - google it CA used to have decent track record not so much anymore albeit are and will hold the line

2008 lows no position atm think perhaps 23/24 at the very low. Personally rode up sold for a decent profit and watched . SETS share very little influence as we all know. Whatever the market suits them at whatever time WILL be. How many times logged in and FTSE disregarded market info to the downside and struggled off to suit agenda. Last few months indicate that??

The markets start pricing likely reality In 6 months time instead of a fairly quick rebound that they hope for - many stocks and the FTSE will be much lower and so will the Index. Massive debt on a scale never seen before in any context. Of course this will end ok and the worse is over. 2008 Financial Crisis FTSE around 3,500 from memory - financial fall out from Lockdown and COVID 19 and not out of the woods yet for sure FTSE should be at this level and in reality touching with spikes near all time highs over recent weeks.

Five times current SP in 6 months or so....really? Don’t you think the ‘ones.. Big Boys in the know would be all over this? Cannot understand mostly when POO goes up this goes down. Think there is upside with the news that holders are praying for..IMO more up than further down but do keep it real. Would imagine many with large exposure pretty much - all in holding this for years want to hear that -do they deserve some profit ....sure - will they get it maybe? Last two days touched near 5.5. Only transformational news will significantly move this upwards and hold that SP area -GL

Not that I was in the share but witnessed. How dilusional most were. Different stock/sector. Chance to rise from near lows but ask this why is this still in a downtrend and near all time lows. Down to postive news... End of - GL all

Very few expected BARC, Esp. Dow and FTSE at these levels. In that sense would advocate buy, buy and buy...I wouldn’t at all tbh. Markets ahead of itself shrugging off poor data but very little in the way of any other asset class like China was - only asset class stocks and near negative rates for cash (world)....so likely to go up and up...think that is why. So if in enjoy the ride. More likely up than down overall trend

as for answers - be in the fullness of time in hindsight. Market pricing a V shaped recovery - hope that is right. Own my house outright and although from humble beginings fortunate never to have a mortgage. Average house / price - 3 bed semi in a decent area. Was in Bankings stocks 2008 - Barclays 50 pence - Lloyds 20 pence and RBS fell to equilvalent of 10 pence the latter after all these years a few percentage more. Barclays is the strongest without doubt and has fallen and bounced back strongly.

going forward this is going to be far worst than the 2008 crisis likened to 1930's depression from the BOE comments why is the stock market at this level? Any dire news ...US massive unemployment figures in effectively weeks unpresidented market just ignores it - hoping bounce back and pricing in this will be PDQ. General FTSE level not BARC in particular. The countries where the masses are in Poverty are putting economy before lives - because its work for a pittance or die of something else anyway. Even in the 'Developed' 1st world many are a couple of pay cheques from the street. Rode some waves of recent weeks, less exposure than usual with the dire economic predictions that seem to be largely ignored going forward. Where are the absolute bargains? With cash earnings negative is it a case like of the Chinese stock market causing a bubble with the 1st world economies thinking stocks the only asset class worthwhile? Only a quick bounceback seems feasible - certainly the market is pricing this in. But will it?......probably where else is there to invest?

poor - no Divi for forseeable and a sucker rise to the results. Down to lifting lockdown ASAP which for any SP recovery - I think will be long and protracted, second perhaps third wave. Doubt 20 pence but little reason to buy and hold a falling share. Market rebounded far too quick and soon on hopes of lockdown lifting and hopes of trials leading to cure. Many experts state at least 12-18 months for something tenable and proven. Market was acting crazy bullish..trap...on hopes. Reality and hindsight is likely to be months IMO. Going back to a new reality - will life ever be the same at least medium term. Imagine pubs, clubs, restaurants.....et al all with social distancing. Just not fianancially viable.

At this level - are stocks the only asset class? With cash earning effectively negative - perhaps like China - boosting stocks by consistent buying in the recent past. Where are the bargain stocks now? Back in cash and wait to see the economic consequencies of Covid going forward. Market v shaped recovery thats for sure - we all back at work tomorrow? Hope not prefer working from home .....

results and the reaction totally opposite to sanity. Means perhaps 'those in the know' do indeed know more than the usual PI mushrooms.....or the market is not taking into account going forward much if any of the Covid-19 lockdown and economic consequencies. FTSE where it is now I think very few would have predicted - almost not taking much account and 'market ' not taking notice of anything remotely negative in the hope of a 'v' shaped recovery - rode some of the wave myself. Now in cash - know earning next to nowt in saving accounts but - struggling going forward what could be a protracted - certainly recession if not major depression.

not Doris. Dont know the man or met him like 99.9999999...% of the population. Remember him on HIGNFY. Totally different backgound to the vast - vast majority - myself included. Seems genuine ....certainly as much as you can for a Politician with his background. Do think the government should have followed China and lockdown much sooner. Unprecedented financial response which no doubt we as majority of us on here - solvent with means of varying degrees will be paying off the consequencies of such action for many years. It is certainly real on so many levels and this ALL will remember spanning the generations...so it is Boris.....opposition at the time a joke - landslide victory......Boris bounce shortish lived because of Covid19.

And they already have 74.19% of supporting votes, so only need another 0.81% to de-list on AIM

The AIM Rules require that, unless the London Stock Exchange otherwise agrees, the Cancellation must be conditional upon the consent of not less than 75 per cent of votes cast by the Shareholders, given in a general meeting of the Company.

For a new prosperous future away from the EU. If we had stayed likely lost our Sovereignty - GBP to the Euro by 2022. Before my time obviously but our history is second to none. We were fine before EEC then transcended to the EU. 47 years. History changing and we are seeing it develop as time goes by in our lifetimes going forward. ??

1973 - new era. Transition period ahead which is only right. End of this year fully out. My musings : isolated the richer GDP counterparts as at the outset....no issue. Where we are and where the EU iand we likely will be fully intertwined

His posts and general sharedealing knowledge in all honesty have been pretty much spot on. He has always stuck to the facts and possible likely outcomes and not at any time disrespectful on this board. I do genuinely feel for LT shareholders - they as usually are the ones who lose out and in many cases large amounts - all relative but particularly in the case of SXX with its many PI followers. At least the mine will get built as a Loiner myself always rooted for Yorkshire economy and people. It is massively unfair for those loyal LT shareholders some have held for a decade. Wish you all luck with your future life and investments.

Since you have being on here posting, rose tinted off and looking at the cold hard facts since the Stage 2 funding debacle. There is not one post I disagree with.
All realistic, balanced and justified. Not emotionally attached and all in a share with massive exposure of many here - massive paper losses - hoping and praying for a miracle.