Member Info for Mandrill

It seems like the market is bored with this stock.

no major news since early July resulting it seems in a drift down from the peak
was hoping to be wrong on further decline so betting against myself as it were

So buys aren't showing?

Looking at the sell volumes and the chart pattern. Also not much substantial news flow. I kind of bit my lip and bought more at 50 last week kind of against my better judgement. However, if it gets to below 47 I'll buy more.

I'm afraid I'm going to be proved right with my c.46p short term prediction.

Back to that I'm afraid. Deep breath as I muse: surely it can't go much lower now? P/E of around 14 and c.4.5% dividend. Probably simply being adversely affected by all the Brexit nonsense. Given some funds invested around 70p then by comparison this looks like a good entry point. My avg is c.64.5. Can never call bottom.

A similar obsequious approach exists with HL when interviewing Woodford which has been a disaster for investors.

Wonder if Buffett would act on his own well-known adage re Vod?!!

As of Q1 (the first quarter of) 2018, UK government debt amounted to £1.78 trillion, or 86.58% of total GDP, at which time the annual cost of servicing (paying the interest) the public debt amounted to around £48 billion (which is roughly 4% of GDP or 8% of UK government tax income).

“Today we spend nearly £50 billion in payments on interest to those we have borrowed from as a result of the legacy of the Labour party. That is more than the NHS pay bill, it is more than our schools budget, more than we spend on defence, as a result of the record we were left by Labour in government”

Theresa May, 1 November 2017

People need to consider this when banging on about more spending such as building more houses for immigrants to live in.

JMO - I too was brought up on a council estate. Old Labour policies helped my sick parents, Things are different now though. Politicians are more short term/self serving than visionary and altruistic.

It might be turning as we speak. Probably because I've decided to wait. The effect i have on the market is unique.

Labour used to have credible politicians of stature but the front bench now seems to composed of muppets. It is astonishing the so-called educated young support them, but it's probably more about leftie liberal sentiment and their plight which has no sign of being alleviated. with a national debt approaching £2T we are and always will be unable to have better equality.. That issue hardly ever features in political debates. Labour simply won't be able to help them and will make things worse....

Have never understood why the POO really matters when PFC isn't a producer. Is it 'cos oil co.s won't invest in services if the POO is low?

Suppose I could short it in order to guarantee the recent mini-donwtrend suddenly stops. Prefer to buy more a bit lower. that way the market can't perversely work against me as it otherwise would do!

Lower house prices over there too. With c.0.27M net people pouring into the country without any prospect of that diminishing the prospects are esp. bad for younger generation. the only person prepared to say that to any effect is Farage. the govt could halt the non-EU migration any time so to some extent the free movement from EU argument is bogus.

A short time price target I judge to be around 46. Thoughts?

Brokers don't seem to have looked at the cloud services market in which IOM is a minnow. A takeover may not even be likely since other major providers have their own infrastructure. I sold the other day 'cos it's gonna fall back, but might be tempted to buy back in around 370. Good luck, The Drill.

As far as I can see sells outnumber buys. Largest sell 320k largest buy 72k or so. So it's still fairly stable despite the hard brexit fears. Annoying.

historically one would expect the sp to rise towards div payment date. That way you pay top £ for divvy reinvestment, whereupon it then drops back. Next week will be interesting.

Moreover, LLoy is up nearly a penny. Our personal wealth is now secure.