The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Daytradenovice
thank you for your reply. Iweb is the broker I use. Until recently my portfolio has hovered around the Fscs threshold so I've felt comfortable with the security of my capital. Iweb customer assets seem to be protected in the way you have described:
"Your stock and cash are safe as there are two layers of protection; segregation of assets and the Financial Services Compensation Scheme (FSCS).
Stock - all customer stock held by us is registered into the name of a nominee company controlled by us. This is a non-trading company and the record of accounts clearly identifies those stocks as being held on behalf of customers."
Thanks again for your views, and apologies for my off-topic post.
Hello people, a green-horn here.
I'm wondering whether traders use several share dealing platforms in order to protect their capital via the Financial Services Compensation Scheme (FSCS).
Investing a large sum of capital with just one broker and having only £85k guaranteed in compensation (should the broker go bust) seems risky?
Is that a concern people have?
On the one hand, spreading capital between several brokers could be expensive in fees, but on the other hand provide some level of security.
Maybe I'm over thinking things. Any views?
Sorry but I am entirely correct.
The political class are indeed agitating for a windfall tax. From the Beeb today:
"Chancellor Rishi Sunak has said he would explore a windfall tax policy if companies did not invest enough in the UK's energy supply".
Hypocrisy and double standards:
When inflation rose due to "exceptional circumstances " the government refused to increase pensions in accordance with the Triple Lock.
When BP make profits from "exceptional circumstances" the government wants a slice of the pie.
An article from the Blackrock BB supporting CB's view on the demand for copper outstripping supply in the next decade.
https://aheadoftheherd.com/copper-con/
Some Interesting comments from Rio Tinto saying growth will continue to be a challenge for several reasons:
An increasing proportion of potential new supply is in riskier countries.
More challenging environments with a lack of infrastructure imply an increase in the capital intensity of new projects.
Recent supply has continued to underperform, with decreasing grades and disruptions impacting production.
I don't see any impropriety with Colin Bird buying shares prior to the assay results being RNS'd. Hinting that information is being withheld is a red herring. Colin is a Chartered Mining Engineer with a lifetime of expierence, he knows perfectly well the significance of the mineralisation in the core samples. That's why he has added to his holding.
Thank you Lee and ForeverNever. That's just what I was looking for.
I've always found identifying an exit price more difficult than an entry price. Many times selling too early, Sylvania being a good example.
Thanks again.
I realise this is a "how long is a piece of string" type question but I thought I'd ask. I wonder what is the general view of the share price in the longer term? I'm prepared to hold well into the future, post debt payoff when the proceeds of the operation will no longer be used to repay the debt at onerous levels of interest. I seem to recall someone mentioned a figure of 40p per share. Is this considered a realistic figure? I understand these types of projection cannot account for unseen eventualities, just interested in people's perspective. Cheers guys.
Tern did not issue an RNS stating: "we know of no reason for the recent rise" when the share price rose 100% in Nov 2020. Same on previous spikes. Without an RNS confirming positive news/rumour the share will drift back down. PI's, salivating with greed will cling to the most tenuous reasons to invest.
Tern did not issue an RNS stating: "we know of no reason for the recent rise" when the share price rose by over 300% in May and 100% in Nov 2020. Without an RNS confirming positive news/rumour the share price will drift back down. PI's salivating with greed will often cling to the most tenuous of excuses to invest.