Member Info for mogo

utter chancers those are.Selling allegedly well two "wonderful" net platforms ? Believe it if you like..

I share your pain-I'm sunk deep in AIM shares in R/L too...I still hope you and they will rise to the top to win. JT and Prar',I drop badly every week then get back into 2nd again-unbelievable and undeserved..JT good idea to paya loan and go a hol. but you are still being tempted by WLFE,obviously almost anything now must be at rock bottom bargain prices- article there on the Japanese experience which we might repeat -over 10 years of bad shares but for some reason their bonds are great.Stop press from G8-no decisions lol.Unbelievably poor "leaders" failing again ?

my maths is bad it is minus 6.6% lol.

About 93.4% or minus 7.6% now,another record low ! (Not) Sir Freds' here I come !

Just survival now.RRR at 64% spread hahahaha.CNE a 75% vote against CEO getting big payrise.Splashed across papers.

a small loss announced for Q1-see the site Cairn Energy Interim Management Statement. Not too good ?

about -4% now the lowest ever,the peak was +11% only over a month ago! Jibbo here I come to replace you inFred's Place lol.

that was nice in the paper yesterday-" a baby born today would be expected to take their state pension at age 85" lolololol...though not funny at all..

Austerity-if you buy into what Cameron was saying when he explained why pensions had to be hit in the recent Budget-"they had to take their share of the country's pain".Of course other groups/parties want an easing of austerity so thus more borrowing money as debts/loans.So you'd defer pain more into the future.Let your grandchildren suffer lol.I'm not bringing politics in here in fact most politicians are corrupt.Money,careers the main priority,even in Greece that is so.Anyway these share hits are "our share of the pain",no company now is doing well.You see that from most of the VPF's which have for example middle of the road oil firms like RDSB and PFC etc.All doing poorly,not to speak of our AIM's- the FBT's,CNR's and most of Jibbo's and even Prar's doing disastrously.So anyway you either had to be in cash all those years and lose upwards of 25% to inflation (5 times 5% pa) or be in shares and take a far greater hit.Our share picks aren't bad,it's just the timing,in fact being alive now is probably a big mistake lol.I don't of course mean we should all commit suicide lol, I just mean it is like being alive in the 1930's or 40's you just were right in it then no choice in the matter, if you were there,no escape from it.Similar to that now getting.I doubt if most of us,being committed investors would if we got the chance to go back to 2007,have put all our money into a zero interest bank account-would you ?

Yes it looks that way,anticipate the 2008 burst by going into a zero percent bank account in 2007.Stay out of shares totally till now and maybe a few more years.Each year you lose about 5% to inflation.Number of years so far is 5 years so lost 25% to inflation ignoring compounding.So would you lose 25% by staying in shares those 5 years-I think it was far more for most investors over these years though 2009 and 2010 were good..

Pain,thanks for thought but if you add a bag of dates to an overloaded camel it doesn't feel the strain any more than it did.

Yes going back a few years it now seems stupid to have invested at all.However as I said it would have taken being totally out the shares market from about 2009 till now.Most commentators thought the hoo haa was over after 2008 the bank busts.I'm sure hardly any got that right.Those with cash now are younger new entrants,people with large wages and a few CNE special dividend holders! You know best where your money can go.Assuming a big rise coming up-can that be assumed ? Almost anything is therefore worth investing in.So someone puts 200k into HMV at 2p and it rises to 200p in 2 years time! A good plan.But...............................................................................................................................

CNE seems to be drifting down as we come again to the Greenland summer drilling program.Is CNE still involved or is it all farmed out ? My own oils though not huge amounts really aren't doing too well,either.XEL and AEX,though again I'd probably not reverse investing there if sent back in a time machine.Things are just quite bad looking at the VPF's the miners in fact most things these days.The problem has been- 1.should we have invested a year or so ago getting more shares with undevalued money ? Thes shares of course are now far down. or. 2. go back in the time machine-put all the money we were going to invest several years ago in a zero interest bank account.Watch it be devalued by inflation every year till we can pluck up courage to buy fewer shares with our devalued money though obviously at far lower SP's!

I've been in here a few months,as usual though with a higher average than now,but not with very many shares at least lol.This though is in a false low position.With a large amount of money already coming in cash from their previous disposals only £9.75m is kept back now for these potential tax payments to the govt.Therefore this company is in a better than average situation.Once all the cash is put to use they should fire ahead.

Health tip they say Turmeric a curry base solves digestive cancer problems.

Congrats JT! Really though we are all like the UK in recession,falling most weeks.It has been the losing the least producing the winners.So about 6 weeks at no.2 ended as I forecast.A chance to sample the delights of the Travelodge predigested beefburgers and fries.Heartburn and ulcers,allegedly.

Getting in your advance triumphals I see lol ? Of course all including Jibbo can easily push me back into last today,I see I'm down to about 0% now lol.My lowest was about -3% back in January,going for that next.When I get back to not Sir's Place I'll tidy up by burning waste old toxic bonds.Hurrah!

Initially-as always-on getting into two small oils even after making a quick profit with Serica, I was impressed with how my new purchases were performing.XEL was moving a rig to the North Sea from Dundee into a confirmed heavy oil find area, so was down temporily many said but it has got even lower while drilling. AEX has been selling US oil assets and got a poor reward after a deep oil find was found to be absent though higher up there was gas definitely there in East Africa.I have only got the word of "experts" but they appear to be potentially very good having already found paydirt though not yet enough to keep MrMarket happy.When is he ever happy ? Of course it is finance which is always the problem with oils,even CNE need to watch that with their $billions.Maybe why they do some "backtracking" in Greenland these days ? All I can do as with my majority AIM miners is to wait patiently,though my oils are each not large investments.I can always claim at least that small Serica profit shows my "oil touch" has returned lol! I still think JT was very sensible getting more CNE because they do have plenty variety now and several good prospects,having been far more careful with Greenland.

I constantly research to see if there are any signs of life about AIM miners.As you no doubt do.An article recently in Market Oracle suggested the GDXJ was coming up compared to the GDX-the gold juniors against the larger goldminers- but on looking it doesn't yet amount to much really.Some of these articles are written by people "with investments" lol....

I sense you'll win in the end,though Prar' won't be easy-he's been on top about most of 16 months now over the two comps. As I said I can't get above +10% ever as my two smokers plus FBT spread cancerous fumes in my VPF.I think myself and JT might fight it out for last with myself again favourite for that as I've occupied there for most of the 15 months also.I've been 2nd about 5 weeks by some trick while going down each week! Anyway I obviously hope AIM miners do come up as most of my R/L PF is in those.