Member Info for my2penneth

Corbyn lost all credibility with me when he claimed he couldn't find a seat on a train yet there were seats available...if you can't be trusted to tell the truth over such a simple thing then where's his integrity?

D.M. ...not a bad shout. Probably too busy making money though.

Seems investors like to invest in US companies with P/E values of 30 or (a lot) more rather than B.Britain.

Give it time and it'll swing around.

as pod says - come back in 2 years time..

did anyone buy RDSB in Jan 2016 at 1277p? Sentiment and momentum.

Anyone think that RMG is going out of business and that the UK won't have a Universal postal system (although we are seemingly doing our best to become a 3rd World country) ?

I can see a case where (as mentioned before about Dimitiri in his white van working for Hermes etc.) the likes of Hermes are forced to pay decent wages and a pension and hols and then they too will be forced to up their prices.

probably based on Simplywallstreets estimate of value based on Free cash flow (which is fine , but tweak the percentages and you can change the value signifiicantly).

By the way, just to clarify - I meant a return of 17p( XD July 19) +15p (next year) in 14 months - or 32p return on 200p investment.

in just over....a year!

At 200p and a 17p divi (XD 25/7/19) followed by a 15p divi next year - that's a 16% return of funds in just over.

Momentum has carried this down - not helped by a generally falling market.

Tuck a few of these away in my ISA.

@Nuri
I tried to buy shares based on "available cash" showing in my account. Seems though that the brokers definition of "available " is different to mine. They came up with some BS answer that one divi paid in USD hadn't cleared ( fx rate not sorted)..this was nonsense as the divi was paid on 10 May and the rate was set at the start of May.

I too had to scale back the number of shares that I was buying.

With a fall of this much today then it's either a last rattle of the shorters or info has been leaked. Neither options being good!

The Telegraph reports that profits are expected to be down 40% at £342m pre tax. Will the divi be held or cut? At this stage I'm tending to a held dividend. What the shorters will do will, depend kn the outlook. If RMG expect things to turn around then they might start to buy back ( slowly). Otherwise, they might rock the boat and short further to try to shake out PIs further.

Nige_W you claim you only invest in 6 companies (5 being builders). That's a very dangerous strategy. A wonderful ride from 1992 to 97 and then the bottom fell out (TW price fell from £7 a share to about 15p in quite a short time scale.
Your money and your strategy but I'd be having sleepless nights !

"It was days hanging around 525p before the fall...now its days hanging arond 420p.....before a rise ?? ..next week we will see...as div pay day approaches..."

Nope , don't understand that! Why should a payment of a divi affect the share price ...it's already factored into the accounts?

The "loss" was mainly down to a write off in India ...a big one off.

A very very slim to bu gg er all chance of a T/O. If people really though that a takeover was on the cards, the share price wouldn't be where it is.

Just bought in to average down. It might go lower but - who knows. Hopefully thinking a little bit more ahead than 2 minutes.

I note one name below ( I won't say who -but a poster on another board : "The Lemon Fool") that I know to have sold his shares in VOD and I guess is now deramping - I wonder if he will eventually buy back in?

The new CEO would try to set an achievable hurdle to trigger his long term incentive plan ( " bonus"). After all, he's in the job to make himself rich..not the shareholder.

One positive!(!)..at least the share buyback programme is reducing shares at the current price and not £2 plus. They will be reducing their dividend burden going forward.

There well may be a dividend cut but who knows - not some journo for The Times who quotes an un-named "top 10 investor". All designed to create market churn. If there is a divi cut, then maybe it will be the start of a recovery..who knows?

What ARE they thinking when they believe people are going to pay for old BBC/ITV repeats?

Topped up this morning. I dont listen to brokers.