Member Info for NonPartisan

Thanks S1 concur broadly, though I don’t know what has been already baked-in by market makers vis the existing provision/ payout war chest. Either way more downside than upside still. Glad I made my decision earlier. Thanks again.

PD - Been giving this some thought as I have had a few disasters some came good like metro Bank bought at £20 sold at £18 (avoided massive crash bought back at £0.45 and now rising to £1.30....and I also had a few in H and W crashed and suspended.

Keen history buff too, so want to be a 48er not a 49er ( eg 48er where the ones who did well in goldrush not the later joiners whom it's said 'only made money if they became shovel salesman')

The rapid rise of late suggests to me something a bit like the much anticipated SME Reactor announcement on R Royce.

The price rose for many months and we all got giddy on share price rise of 15-20% when announcement was to be made and .....it did nothing NOTHING on day, as priced in over those months. The counterfactual was more important if they had lost it then drop of 15-20% most likely.

Here it's similar I think with big rises being the baking powder for a positive MRE.

If news is sub-optimal bad it's likely to take a biggish hit as that pent-up optimism needs an outlet. 2-3 months is good time to get a fair lick on though price wise to mitigate drop.

Personally prior to any big decision I ditch a good % as a risk protection tool. As example I did this today selling a good % of my Lloyds shares as Supreme Court likely negative ruling on Motor Discretionary Commission likely giving share a good kicking and upside, if they win, probably being not that big (baked in).

All the best NP.

Thanks 675am. Yes this site is 97% cod politics, 'the rest is non factual history' and other non-banking related hogwash. I thought the Rolls Royce was off topic but this is something else. But anyway thanks again and I broadly agree ref agree on D/Commission result in 3-4 weeks - i.e. massive downside and next to no upside based on two ways it can go. As such, I sold 70% of my LLOYDS holding this morning to buy RR, EEE.

You made me elicit a wry grin Dusty with....

'I'm only here, for the odd comment now and look in. Taking part just isn't worth the Hassle'

If L.S.E. awarded 'comment miles', I'd respectfully suggest you and Badland @ RR l.s.e, would be typing stuff together from a bar in Sydney 🍻

I don't do Ad Hominen attacks, so please take this as just a bit of a leg pull. Rgds NP.

3 to 30 (900%) is awesome ML. Well Done.

Just been looking, and the only thing I've achieved 900% on is not even a share (a 288 and a 6265 Newman Daytona watch) as missed boat on Nvidia, Tesla post COVID RollsRoyce et al.

* btw if you can answer either of PeakyD's (albeit excellent) questions you're a better man than me..... as this hitherto 10%+ a day rise is way beyond my DD % estimates I'd factored in 10-15 days ago.

Its a great barque to be sailing Captain agreed, now the tide has changed and winds picked up.

A few of us got a few doubloons in the little bijoux pinnace EEE.... she's a speedy and frisky little vessel, skipping the waves at good knotage at mo🏴‍☠️🇭🇲

Short-fingered vulgarian's self-interest pronouncements seem to leave mkt unaffected at mo. 2/3 of mine up 2-3% on day with EEE leading at 9.5% - £9 hokey cokey behind us hopefully 👯

Totally agree - Control is everything ......and to be able to re-invest immediately, means I spend 5 mins a day on it.

Indeed the 0.45%* annual charge is piffling in the grand scheme of stuff. (about a tenner per sob too).

* btw they have a DD offer (for any addt marginal investing), if say you put £2,000 a month into your I.s.a, they'll reimburse all 0.45% costs over 12 months.... but tbh that's piffling too and not worth fetishising over if everything is pointing north.

Nice to have a stock in portfolio, with risks of course, but where the short fingered vulgarian's action don't impact it too much, if at all.

I don't - had a look, but not sure/chomping at the bit. Melrose 13% down year-to-date as I'm sure you saw.

Any idea why they have - given what's possibly coming down the track - it can't all be baked-in to the share price already can it? ....as 3-5p drop since May is not reflective or slightly piffling.

Share price has dropped 5p since may. Lloyds and Close Brothers at Supreme Court outcome in 3-4 weeks time.

Big compensation war chest probably will be not enough imho.

1) Anyone have an informed update - other than the ceo's wishy washy 'we think we did nothing wrong comments' two weeks back.

2) If they loose any idea how much of a kicking the share price will take ?

3) if they win (or get reduced financial compensation concessions to finance agreement holders the govt would like) how much it would bolster share price.

Thanks NP.

Broadly agree PEAK DREAD and echo ML.

In fact my DD @ 19 entry, was predicated on a nice gentle rise de-risking any potential (but hopefully unlikely) bad news in 3 months time.....so it wasn't shoot or bust-fest entirely.

Those who got in at 5, 10, 15 though it's academic mind.

Takes a lot to kindle over a quarter of a century of 'recommends' Titan Knight on ANY L.S.E. share forum. Your kindly post to a clear sage has, and with ease. Very well articulated sir. Have a lovely meal. Rgds NP.

Cheers cap'n.... another 142 reasons to raise a weekend tankard 🍻

T - May I just politely point out that you rather rudely said 'give it a rest' to clearly the most clued up chap on this stock....and then say you're not buying ( and then buy RR), then decide after EEE 10% gain it's after all for you and will want further advice no doubt. Politely I'd suggest this burns your matches unnecessarily. Please take this as well meaning advice. Rgds NP.

Ok not quite in the EEE range but thought I'd mention Metro bank.

I bought very heavily n post govt bail/keffafle in Oct 23 at 23 pence.

Columbian banking expert bought it for peanuts as part of deal. Its gone to £1.30 (dropped off a few p last few days) as Shawbrook bank made approaches. Its not for faint hearted but some think offer will be £1.50 -2.00 if accepted otherwise likely to grow to £2-3 organically post cost cutting/specialist lending route.

I'm not ramping this I just give it as a heads up for anyone and to thank others here who's tips I've hitherto followed

Christian D.Y.O.R of course as ever 😉

Very happy with last few days consolidation which looks embedded.... and now climbing past the 20 barrier - 21 - 22 on no/light news days for a few days is fine before going north hopefully. I love these cheap stocks as a modest to the eye 1p -ish move is 5-6%. So opposite to BAE or Tesla et al.

With all these 'Orange Man' comments, feeling I'm metaphorically in the Dignitas Waiting room.

Never let your impatience rule you. Always makes me smile when people treat requiring share profit like the 2.30 at Kempton Park.... swapping in and out of shares like a sex workers under crackers.