Member Info for MrMath

They are still on this list: https://www.dividenddata.co.uk/ so I assume there's no problem with the dividend.
Also, no mention of a problem here: https://www.thephoenixgroup.com/
So I'm expecting to get paid!

From RNS "Suspension of the dividend, resulting in a cash saving of approximately £24m in FY21."

That's a shame, but I'm still holding as SP will recover from here.

Tempted to panic buy in this 2 for 1 sale ...

"but now might be the time to re invest in other stock to take advantage of the carnage on all other"

Unfortunately, we've not seen the end of it yet. I'm 45% in stocks and 55% in cash at the moment, although that ratio was 40% stocks, 60% a short while back - I got tempted too early! When the bounce comes, apart from the odd day, it won't be that hard, and the recovery will be long, so there will be time to get back in without missing out too much. Don't see the point in risking stepping in now.

"i'm over 200k down"

£225k down here :-(

It's a certainty that the markets will turn around at some point. Let's hope the climb back up starts tomorrow!

"My substantial losses in Sirius are now being dwarfed by a decimated pension fund"

Same here :-(

The SP given at the top of this page, and many others, is at least 2 hours old. Not very good LSE.

"Royal Dutch Shell discussion forum, but can only find the Covid 19 forum"

Sadly, there's a bit of a connection at the moment :-(
The virus is definitely included in my list of things to blame for my current 57% loss on RDSB, as are the Saudi's, Russian's and my poor timing. But, hey ho, there's a bottom in sight.

"How many people died today from cancer, flu, Parkinson’s, Alzheimer’s today..."

Got to agree, this virus has been hyped to the extent that the damage caused by the hype could be greater than anything the virus would have actually done. But people are irrational and so are the markets. It doesn't help that much to be a rational person in an irrational world.

Advances in science have made it possible to detect smaller and smaller differences between viruses and so we will inevitably have to face Covid 2X, Covid 2Y, Covid 2Z, etc. Let's hope we don't all behave like loonies next time.

"I keep thinking that now is the time to average down, as the yield gets more and more ridiculous - then it tanks even more!"

That's the problem! We have no idea where the bottom is. Not selling or buying at the moment, but guessing there'll be a bit of a rebound tomorrow and them another plummet on Monday!

When I look at my portfolio this song always comes to mind: https://www.youtube.com/watch?v=NTtyIekYy2A

"I daftly had a stoploss in place"

Your stoploss is looking pretty smart now!

"When the USA sneezes the rest of the world gets a cold financial wise."

We can now add: "When the China gets the flu the rest of the world gets the flu financially and in reality."

"Waiting 2.5p. Then could help recoup quite a bit."

Or you could lose what you buy at 2.5p, in addition to your current loss. Be careful. I will feel the temptation too, at that price, but I will resist as I have lost enough already. Hope it works out for those still holding.

FTSE100 down from 7403.92 on 21st February to about 6541.57 today (so far). That's a drop of about 11.7%, so we are in official market correction territory (greater than 10%).

"this company could save a fortune in unpaid annuities over many decades"

My thoughts too. Giving this a short while longer to blow over then I'm back into LGEN, AZN, GSK, DGE and ULVR big time.

Taking down those videos is a very bad move. Looking like someone is trying to hide the past.

Not topping up yet, but not selling either. This mindless panic will end, that's a certainty. The big question is when?

Skier1, do you write for the daily mail?

"GK will be sitting pretty somewhere, he played it well, shorted it when it mattered."

He realised early on what a lot of us did not, that this was primarily a trader's share and not a long term holders share and thus made good profits most of the time. But he lost some of that when he got caught out buying at 15p just before the big plunge.