Member Info for NavyBloke

Hello Beerman, I havn't heard this suggestion (5 for 1 ) Can you guide me to the source? Please? To me the idea doesn't make much sense since a 5 for 1 would reduce sp to abt 18p ( a "penny share") A one for 5 consol would move sp to abt 450p. Companies usually do this sort of thing when they think a changed share price might improve liquidity (for eg: plenty of folk are put off buying Next at £67 a share - though Next appear not to be too worried) Good Luck, NB

Hello Fmitch. Hope you do have fun with IPO's. I tend to go for most - Rarely make a loss. This one is a bit strange - only allocating abt £1K to PI's. Not a reaI investment to many. I like to buy around £3K so that charges are at least reasonable ( I know there's no buying cost with an IPO but small deals { apart from AIM } are not my scene). So my plan is to hold until price rises (say 10%) and just dump them. All the commentators seem to think the sp will rise and that it is quite a sound investment. Pity Poundland wasn't available to the public! It all comes down to how long you want/can afford, to hold on to £1K worth of PETS. If you need this same £1k for the next IPO (whichever) just dump them and accept the selling costs. loLUCK. Keep at it. If you've read any of my earlier posts you'll see I often quote wisdom from Uncle Percy ( He showed me the ropes some 50 years ago). I remember he said "You are less likely to LOSE money (invested in shares) than putting it on a horse. But you will lose the USE of the money. Keep wisdom in mind. Best of L NB

In Feb you said you were a newbie to these boards. Are you still watching? Did you get anywhere with your REX (B) enquiry?? When REX goes below 480 imo it is time to buy some more - (if you have spare investment funds) If you follow Blue chips it is also time to think abt Sainsbury, Tesco and Morrison - These are all sound shares and will REBOUND. GL NB

Whatever happened to Corlis' suggestion last month that Rexam was due to rise 5-10%? ? ? ? SP is now abt 4% DOWN and approaching my BUY point. No fancy charts or algorithms. I held Rexam shares since Rexam emerged out of (? sorry too old to remember!). I also buy in/sell out on a cyclical basis. - Medium term profits (say 5-6% in 2-3 months). Shares like this can be far more reliable than some on AIM. Watch this space GL NB

for Corlis' might surge north. No evidence of anything. Now down a few p from his post. Hey - Maximas! Are you still about.?? Was my 2nd post on 14th any use to you. Keep Holding .. ..NB

Try Rexam's website where you should be able to find "Return of Cash circular" (8-01-13) and also try Rexam's Shareholder services. NB

Hi Maximas, I havn't heard of anything new happening with REXAM so apologies if this stuff is way out of date. In abt Jan/Feb 2013 Rxm "Consolidated and returned capital" I can't track the original paperwork but at that time I received one for one 'B' shares which I "sold as income" in mid Feb 2013. Ordinary shareholding (on date 28-1-2013) was reduced by just on 10%. So I suppose some 'B' shares may still be around., unsold. Did you buy some 'B'shares when you came in 9 months ago?? If so were they "attached" to ordinary shares? The 'B' shares had a notional value of 45p BUT -"WERE NOT ADMITTED TO TRADING". It doesn't sound too promising if you have bought 'B' shares recently. Maybe get back to your broker? I've been at this game for over 50 yrs so do come back if you think you need more help. NB

Can someone explain to me please the thinking behind the suggestion that a 10% rise is expected? I am a V long term holder of RXM... Regards Maximas's query - -- I think this is long gone. Come back if you need dates...Good Luck NB