Member Info for nuri123a

perma.bear - that's where you and I differ fundamentally. Banks are heavily capitalised and have set aside provisions which haven't even been used. The amount of money in my home country in the financial system is astounding - same as everywhere else. There is no doubt going to be significant inflationary pressures on the back of rising disposable income, savings and demand. Banks have learnt significant lessons in the last ten years - and they always collateralise their loans to fullest extent possible. We'll see. But I'm buying more...

All I can say is thank heavens I didn't buy any - I never would have anyways. I don't believe in this model as a model for profitability. I musty be one of the few that have never used a meal delivery app... For me -- short term fad, easy to replicate as you don't need much to start one up. Can see this at £1 or less next year.

Fair value for Ocado imo =£2.00 at a push!

Silverspoons - look up short position tracker and you'll see a website that will come up that you can search. It's showing up that Fresnillo is not being shorted - there are no short positions greater than 0.5% of the company. It's all simply down to the laws of supply and demand. Fresnillo is a well run company just like the banks are - the reason is we're in another part of the economic cycle...

Well, I've invested my £42k profit in Fresnillo into Aviva (at £2.85), Barclays (£1.01) and BT (£1.05). I've managed to double that to £84k. Fresnillo was good to me - but the PM cycle isn't there at the moment and its a case of recognising that and moving on. Bank shares have still a long long way to go. Fresnillo offers a low dividend for the share price - far better dividend payers out there.

I have a hell of lot of shares in Barc, Lloy, RBS, HSBC, Birg and Aibg. Bought a lot when they were been given away. Now going to hold for the long-term.

Don't get too excited - two years ago I remember this hitting 42 pence and thought it was a terrible share - 42 pence undervalues the company - should be at least 70 pence a share and more....

Konan - lots of debt - yes - but savings are at astronomical levels... In Ireland - where I am from - banks and credit unions dont want more savings - far too much.... this will eventually get spent

I have no idea how this company is worth over £3 per share - its another sales is vanity and no profit no sanity... It's expanding its sales pipeline but making big losses. I have no idea for the life of me why this is worth so much. Far far far better shares out there like Aviva that is a profit juggernaut generating profits of c. £2,600,000,000 per year and handing back probably in the range of £3 billion to shareholders this and next year... This pays no dividend because they can't afford to! Betters belief that people would place their chips on this poker table... IMO.

My advice is that gold is probably going to continue moving down as uncertainty is removed layer by layer - £13.60 ish was the top of the market - can't see this going back above £10 for a while. I've moved on to banks - great cyclical stocks and just at the beginning of a rampant bull market. Insurance is also a favourite of mine - Aviva in particular - who are going to be handing back c.£3 billion to shareholders of the £7.5 billion from recent sales. I'm well out of PM - I don't think they'll move up much in the next few years.

I sold at £13.35 when gold price was c $2k an ounce. Since then gold has fallen c. 15% and fres has fallen c. 33%. It does seem to have fallen more than is warranted by gold prices alone. I reckon these are worth at least £10.50

I will probably be wrong! Actually I think this seems to be heading very much towards £6 and onwards...

Bit of damp squib - can see this at £5.15 close!

Day 4 of buy backs and absolutely no evidence of impact at all. What a waste of money!!! Would have been better to pay as a dividend!

Special dividend payouts are actually not very welcome. Looking at Tesco, they did a sort of share consolidation - to reduce the number of shares and the proportion of the company and paid out a big chunk of money to shareholders. So you own fewer shares but the same proportion of the company. The dividend is taxed at whatever rate according to income. so in my case, I have £80k worth of shares. Say they hand out 12.5% the value of the company in a special dividend, I'll get 7 for every 8 shares I own - so my shareholding is worth £70k and I get a £10k dividend. If I am a higher rate tax payer, I'll pay 33% on the dividend, so my £10k is worth £7k. Wouldn't they be far better just buying another company and improving shareholder value. I'm not a fan or special dividends or share buy backs. They never seem to work!

You are too concerned about minor day-to-day movements and don't see the bigger picture. The number of vaccinations per day globally has ramped from about 3 million a day last month to about 15 million a day now. So the run rate per month has gone from about 100 million to almost half a billion a month. Just like testing, the amount of vaccines produced and administered is going exponential - and vaccinations rates are increasing well ahead of infections! People need to keep things in perspective - when things change, they will change rapidly.

Yes - I don't undersrand the strategy either - flogging everything in sight thats making good money. Ireland, England and Canada are mature economies - groeth potential is limited. Having said that the UK economy appears to make up bulk of profits - so maybe shes planning on buying up something or other. I don't know - but share price definitely worth £4-5 range and a lot more.

I'm waiting for the short term quick buck investors to sell out so I can buy their shares! This is long term.... rr will be in a very different place by year end when vaccinations ramp up to 30 million a day.

Worst performing bank again. They should stop the buyback. its a waste of time.

Share buy backs seem to have the exact opposite effect. I don't know of a single buyback that has ever succeeded in raising the share price.