Member Info for MaryBr190

In a word No. Will write this off as a tax loss in worst case but may be still a few twists yet. Also signing off for now. Happy Easter to all.

@Garydav2

Yes I realise it was weeks old, but was he not reported as already oening some. Was only asking I wonder what he is doing, not suggesting anything else.

I still remember Next at 2p, all doomed and yet survived.

Https://www.petrofac.com/media/news/petrofac-secures-contract-extension-with-onegas-west-in-core-uk-market/

Since the Dec post that saw a low of 14.58p iirc, the company has just gotten on with it, business as usual. More contracts, extensions and no implosion as the naysayers called for.

3/4 months later, did the shorters not tell us it was all over and a bust. Money was going to run out. Covenants breached.

In reality the SP near trebled to 42p and then was attacked again getting down to about 22/3 and a base to strengthen from.

Since then the price action has been firming with the spike to 30p falling to 25p and then back up. Plenty of opportunities to trim and add but will trim at 70p,

If Aiden is half the legend he seems to be this will multibag again.

A coiled spring like S4 Capital.

Of course only risk what you can afford.

Those who sold out below 15p must be sick at the moment. Perhaps they will be right but Mr Market is saying otherwise.

Buckle up, this could be legendary.

Mx

🚀🚀🚀

Https://www.standard.co.uk/business/mike-ashley-might-get-more-handson-again-at-frasers-after-matches-fashion-disaster-b1144052.html

Https://giphy.com/gifs/D3OdaKTGlpTBC

Viavi, you know you want Spirent.

The SP of Viavi reacted strongly and positively to the tie up so the US market saw it as a great deal and a super bolt on.

UK market saw it as a steal of a prized UK telecoms pioneer and always believed there would ne more.

Viavi can well afford a knockout blow and still not overpay.

Have their directors seen their share price to realise the market want them to do a better deal. Plenty of scope to do so without overpaying.

Am not buying more Spirent in anticipation, however seems to be a no brainer to hold and expect more.

Like Oliver twist, we are holding out our bowl.

It is usually easy to get a resolution without a referral in the region of £100 without much hassle.

In this case it raises more concerns about what he hid from his family, did they open his private mail.

The stress would appear self inflicted. Simple if you do not want it shred it. Done in seconds, no stress.

£500 fat chance.... however it cost Vanq around £800 plus staff time. A disgrace in itself.

Everyone, auto correct at its best 👌

Re the 100k quantity, not every single can be the same with a 5000 quantity or 10000 etc. It depends on the funds you have free to invest. A sizeable holding is relative.

I see on LSE talking about 250k bets or more, that is great if they can, but like me most do not have that much to risk in one company.

Rizzel,

Happy Easter 🐰

Simple example.

Suppose you buy quantity X thousand shares in a company and then sell 60% or more on a rise you are left with 40% shares at a reduced average cost.

Say 10000 shares in VANQ at 50p, = £5037 (incl stamp, buying and sell commission @ £6).

Share price rises to 60p.

Sell 60% you have 4k shares left averaging 35.9p

Sell 70% you have 3k shares left averaging 27.9p

Sell 80% you have 2k shares left averaging 11.9p

You can vary the selling %, a lot depends on the move or the news.

If you have patience & more funds you can build up a useful position at a cost below the range.

If you say are stuck with 2000 VANQ shares at £1.30 (price before the recent fall) you have paid ( incl stamp comm) an average price about 131p.

Never realise the paper loss, use a side pot to add low average share, eventually you may turn you position around and back to profit with no loss.

Not a recommendation nor for everyone, tax free in an ISA.

You could hit lucky with a bid or the company itself may turn around. I have found working average down on a position gone wrong a very useful strategy.

HTH

Mx

A £3+ bid secures my share Viavi.... show me the money.

https://www.thisismoney.co.uk/money/markets/article-13253517/Takeover-battle-Spirent-escalates-bidder-Viavi-takes-swipe-rival-Keysight.html

He is at 350 ahead of Mr Cuban and Mr Soros.

50/60 sometimes up to 100 in balanced portfolio.

Steve POLB a trebler.

Multi moniker lol... which other ones do I have?

Thought you'd gone for the nite?

Bully, how?

Only shown empathy to you and given you the benefit of the doubt.

You seem far from rational.

Take care.

Dean01 🙌

Not sure if this is the best one to average down in now. It has that bust feel.

Try RNK WG. ROO ABDN.

Toffers

You do yourself no favours and expose yourself for what you are.

B.A.F.

Dean01

Lol 😆 don't start me. It wasn't a slight against you.

I will now read all your 284 posts.

Mx

Toffers

You see to have missed the point of my empathetic post. I accuse you of nothing.

However if you can read that into my post then perhaps your conscious has exposed the truth about you rhetorically.

I don't do spats. Will leave you to spat with yourself in your Toffer's echo chamber.

As I said take care. Don't shoot the messenger.