Member Info for Mandrill

I occasionally look at the likes of RKH to see what's going on.
That anybody should show any interest as an investor is bewildering.
That these outfits are allowed to trade their shares at all, eroding stakeholder value while continuing to draw their salaries, is also bewildering.

Looking purely at the chart, now would seem to be a good time to buy.
The sp is back to where it was a year ago, and around spring 2018.
So if the up and down trend is repeated it should get back to around 530-560 say.
Long term if you trace the lows, say from 2014, there is an uptrend.
The current issue is the climate change lobby that could make the market keep oil stocks depressed, despite the fact that any significant lower oil consumption is a complete nonsense scenario.
Best not to go for automatic dividend reinvestment since it always rises to make everyone pay more.

I expect no real progress and any negative will knock the sp back again.
However, I continue to hold to stop the sp rising as I am confident it would do if I sold. Sorry everyone.

I've posted before that I think 160p is a kind of market ceiling for VOD. If it creeps past that it then gets knocked back again. With the debt and competition, the market simply doesn't like it. Difficult to see how there could ever be any significant debt reduction and net profit that would give rise to a recovery. Certainly not all the while I continue to hold on, given the negative influence I have on the stock market.

A rise today along with the general market maybe.
Could it be that the shorters have all got it wrong - or a herd mentality? The more it gets shorted the more likely it is that the sp will be driven down. With all these shorts, will a good set of results cause them to lose their shirts? I don't think this ever happens. On this basis nakedtrader sold out.
Stupidly perhaps I'm inclined to hold on. If the divi is maintained it seems worth holding.

It was inevitable that sentiment would turn negative again.
It would seem there is no bull case whatsoever.
How can the group possibly reduce this debt pile?! It's similar to the GB national debt situation e.g. how can GB ever pay off 1.8Trilion?
All the broker targets are ridiculous. I've never understood how they can put their name to them.

What I can't get to grips with is two things.
1. how the company can endure with debt at 2bn i.e. 3 x market cap
2. despite the above, when might be the right time to buy? My experience is always that buying into a low drives further lows and buying into an uptrend stops the uptrend!
Lots of sells today. This argues that now isn't opportune.

Nearly all Algo trades. Can they really move the price that much?
A lot of buys but the fall seems to be accelerating.
Might do a small top up whence we'll then experience an all out crash.

Hmmm. The drop doesn't seem that dramatic especially since there's no obvious reason for it. ITV seems very undervalued. Credit Suisse target 170p. Tempted to top up - but that'll by poison for everyone!

Many of us PIs will probably be dead before we get the money.

I too am willing this to go below £30 since it is expensive. That of course means it never will.

Yes. The recent sp rise is a surprise to everyone I feel. Can't help thinking sentiment will turn negative again once investors have been suckered into buying up the slack.

Curious to know why would the fall in TLW affect ITV?

I am tempted to add to my considerable holding which was ok up to around a year ago.
Supposing the sp stays around this level and you reinvest the divi then this ain't bad.
Demand for oil and gas isn't gonna fall very much unless there is a global transport and heating ban. The global population continues to rise, adding to demand.
However, if you look at the returns on an investment such as Fundsmith, those who invest in UK bluechips are losing out big time.

Currently, net income fell 6% in the third quarter to £4.2bn, reflecting a decline in net interest margins and reduced activity in commercial banking. Underlying profits fell 12% to $1.8bn despite good cost control as bad loans increased.

The bank recognised a £1.8bn charge relating to higher PPI compensation in the quarter, which meant reported profits before tax fell 97% to £50m.

Where would a change in fortune come from?

Seeking views as to why would anyone invest in Lloyds?

I wonder what Alan Sugar would make of the clowns running this company if they ricked up as apprentices who only know how to increase debt to the detriment of shareholders.

There's gotta be something underhand going on here to give rise to such huge drops.

It will drop if you buy. Everbody knows/experiences that.

Would have thought waiting for c.55p is sensible

I suppose I should take account of the fact that lots of buys are Algo trades but someone must be happy to let these happen.