Member Info for ODONNELL

Very few appear appear to have any interests in EPE. The NAV has dropped 10% in a month mainly due to Luce, which hopefully should start to rise from these lows. We also own LUCE which we paid 70p for ( we really can select them) We are going to sell Luce at a loss and invest the money in EPE.in the near future if things get a little btighter. You can make a good return buying firms at their lows, providing you do buy at the low. Also the NAV at EPE gives you a little to play with. So selling Luce and reinvesting here means we are buying Luce at an even lower price or so we think!!! Although we are losing at the last investment we did make money earlier when we sold out, so overall it is worth taking a chance. Investors have a different idea as they seem to be selling far more than they are buying,but the price hardly alters. What that means is anyone's guess.

Looks like we throwing more money away, On the face of it the sp price should be double. However there are a few decent purchases and most sales are small, which should add up to a price rise. Do the dealers know that if the price goes up there will be a lot of sales???????

Well done nice to see some one writing something of use and clear, unlike those who ramble on and on like O'Donnell, who comes on here for a break and a ramble!!!!!!!!!!!!!!!! just because they have seen it all over and over again during the last 50 year of investing. Takeovers / directors cheat? no never could that be true. Don't believe they would be that naughty!!! to just make money.
What if they fail to declare the results after 6 months and the company go private, leaving us holding shares in an unquoted and private company. Not in to current legislation these days if that happened.
Many years ago this happened to us and a few years after leaving the market, with the holding almost forgotten about and written off, a cheque arrived for the holding we had held at suspention as it had been sold privately if our memory is correct. The amount received was far more than the holding was valued at when suspended. Cannot remember the exact facts.

CAN YOU MOVE YOUR ISA.
BEEN WITH ADM FOR YRS BUT THEY ARE NOW CHARGING A SMAL % ON THE STOCK THEY HOLD FOR US. THEY ARE VERY EFFICIENT THOUGH AND WE HAVE A GOOD RELATIONSHIP WITH THEM AS WELL AS BEING ABLE TO TRADE OPTIONS.
MIGHT TRY IG AND HL OR EVEN LONDON SOUTH EAST. THE COST IS WHAT MATTERS ALONG WITH EFFICIENCY. WE ALWAYS LIKED TO HOLD CERTIFICATES BUT IT IS COSTLY THESE DAYS. YOU DO NEED TO HAVE CONFIDENCE IN THE BROKER AND NOT PAY TOO MUCH COMMISSION. WE WERE QUOTED £35 A TRADE BY ONE PRIVATE BROKER.

WE AVERAGE UNDER 15P AM TEMPTED TO INCREASE, BUT WILL WAIT AND SEE. KNOW NOTHING ABOUT THEIR PRESENT HOLDINGS. SO CAN YOU ENLIGHTEN US AS TO WHAT THE COMPANIES DO FFWD INVEST IN

THIS IS WHY WE INVEST IN INVESTMENT TRUSTS, WE HAVE HAD A FEW AIM GO DOWN THE DRAIN OVER THE YEARS BUT I.Ts. HAVE ALWAYS JUST LOST A VERY SMALL % IF THEY ARE IN ONE THAT FOLDS. TRYING TO BUY THOSE ON AIM IS PURE GAMBLING AS WE GENERALLY KNOW NOTHING ABOUT THEM. YES WE HAVE HAD THOSE THAT TREBLED. BUT WE NOW LEAVE IT TO TO PROFESSIONALISES. DFX NOW JOINS LONG SUSPENDED BNN ON OUR SUSPENDED LIST. WE ALWAYS WRITE OFF SUSPENDED STOCKS AND IF THEY COME BACK, AS MOST DO, THEN IT IS A BONUS. HAVE HAD THOSE COME BACK PRICED WAY ABOVE THE PRE SUSPENSION PRICE. NO WE ARE NOW JUST STAYING WITH OUR ITs ONCE ALL OUR STOCKS ARE SOLD, HOWEVER DO FANCY FOXTON'S AS A RECOVERY STOCK. SO GO AND MAKE A POT OF TEA AFTER WRITING YOUR INVESTMENT OFF AND LOOK AFTER THE REST OF YOUR PORTFOLIO.

We have added to our holding of FFWD, Awfully sorry as anything we buy then goes down as this did today after we bought!!!!! Only consolation is we do make a profit most years so it may come back. Often we have to buy back in at a lower price to even out and get a few pennies out of a stock.
Not very knowledgeable about the companies that FFWD have. We select I.Ts. that have a proven record, especially if they drop down. So if any one has the time and inclination to tell those of us who are ignorant about what these companies do that FFWD invest in, we for one would be interested to know. We have investments in about 50 - 60 investment trusts and no way can we keep up with their activities, just their share price,

We have added to our holding of FFWD, Awfully sorry as anything we buy then goes down as this did today after we bought!!!!! Only consolation is we do make a profit most years so it may come back. Often we have to buy back in at a lower price to even out and get a few pennies out of a stock.
Not very knowledgeable about the companies that FFWD have. We select I.Ts. that have a proven record, especially if they drop down. So if any one has the time and inclination to tell those of us who are ignorant about what these companies do that FFWD invest in, we for one would be interested to know. We have investments in about 50 - 60 investment trusts and no way can we keep up with their activities, just their share price,

INTERESTING WHAT YOU SAY. WE MAINLY JUST INVEST IN I.Ts. ESPECIALLY THOSE IT IS DIFFICULT TO BUY COMPANY SHARES IN.DIRECTLY. NOW WE ARE APPROACHING 80YRS OF AGE I.Ts HAVE ALWAYS PAID OFF WITH THE TEC / FRONTIER / SMALL / FAR EAST ETC. DOING PARTICULARLY WELL. SO MAY JUST MAKE A SMALL INCREASE IN FFWD.

NAV 504P EPS 111*11= 121P = FAIR PRICE 625P WE FOUND THAT AFTER 50YR S TRADING SHARES THIS IS A REASONABLE CALCULATION OF FAIR PRICE. OF COURSE INCREASED EARNINGS ETC ARE NOT ALLOWED FOR. WE LIKE THEM BUT WANT THEM AROUND 625P TO BUY

WE THOUGHT THEY WHERE WORTH BUYING BACK IN TO, THEN SEEING THEM UP THIS MORNING ALMOST DID, BUT FELT THE RISE DID NOT GO WITH WITH THE MARKET. SO HELD FIRE.

WELL WE BOUGHT BACK IN, THAT'S WHY

We think this section should be renamed " wishes and guesses" or "Ramblings of minnow investors" with the odd exception. Foxtons at 56p may be a low price and we intend to buy back in after selling at around 85p a way back. However while low, is it cheap. On future expected EPS of £0.004p the price should be about .004p multiplied by 10 or 11 giving 4-5p share price plus the NAV of the company per share. Which appears to be about just under 50p. yr end 2017, so a 55p share price is about right, so long as no losses tick up instead of the expected EPS of nearly half one penny per share. On the bright side things will pick up, eventually and, for some reason, a lot of people like to live in London and sales will improve. Are they using the web to combat the online agents? Our local agent in Thurso who is going to market our bungalow use only their shop and the web, with about 3/4 acre and furnished plus tools and an old car etc for offers over £150K this seems pathetic in contrast to London prices. They would build a small block of flats on our garden if it was in the capital. Where as two bungalows is what anyone would be able to build being the general opinion. We do not want to return south but age and health makes being nearer the offspring a necessity. Foxtons cannot be compared to agents outside London. Their time will come and sales will increase as will profit. So they are worth buying in to is our guess, but at what price. If they start shorting it then there will be problems, Surprised they have not already have done so. will watch the next 2-3 days for upward movement. whilst it could drop to 25p we think there would be buyers under 50p. So that ius our guess what is your guess and ramblings, lets see what Friday brings, ah it is Friday, so off to bed.

SP WAS 0.4 P UP EARLIER WITH IG THEN AFTER NO TRADES AN HOUR LATER THEY MAKE STOCK UNCHANGED. THESE SPREAD BETTING FIRMS JUST ADJUST TO SUIT THEMSELVES. ESPECIALLY THE FTSE "TO FINISH UP" WITH IG WHERE THE SPREAD IS 16%

WE SOLD OUT AROUND 79P SO MAY BE WORTH COMING BACK IN AGAIN, SUPPOSED TO HAVE STOPPED DABBLING IN OUT OF FAVOUR SHARES, BUT THE TEMPTATION IS TO GREAT . ONLY BUY A FEW, JUST WAITING TO SEE IF THEY DROP LOWER. WITH THE LSE 20 DOWN. JUST HOVERING BETWEEN THIS AN GFRD, WHICH LOOKS LIKE GOING FURTHER DOWN. AT OUR AGE WE REALLY SHOULD JUST LEAVE IT TO THE I.TRUSTS.

SOME ONE SAID ABOUT WRITING IN CAPITALS, WELL IT HELPS US BOTH READ IT BETTER OLD/ANCIENT/DISABLED UNFORTUNATELY, BUT STILL TRADING AFTER OVER 50 YRS, ALSO STILL GOOD AT PICKING LOSSERS!!!!!!!!!!!!!! MOST OF OUR INVESTMENT IS IN INVESTMENT TRUSTS THESEDAYS, SMALL / VCT / EMERGING PLUS SELLING OPTIONS. BUT WE STILL DABBLE IN SOME WE THINK WII GO UP A LOT. BUT IF YOU SEE US IN THEM LATELY, GET OUT

have an horrid feeling that things will get worse, with no upward movement even with buys out numbering sells, was going to buy more now thinking of getting out and cutting our losses

LOOKING AT THE TRADES FROM 25TH ON WARDS THOUGHT THE PRICE WOULD HAVE INCREASED. YOU CAN NEVER UNDERSTAND THE MOVEMENTS ON THESE TYPE OF SHARES. WE WILL BUY A FEW MORE SOON NOT SURE IF IT WILL GO DOWN AGAIN SO HANGING FIRE. WE SPECIALISE IN BUYING SHARES THAT GO DOWN!!!!!!!!!

Why blame Brexit. What has that got to do with UK retirement flats. We DID vote to join, back in the 60s or 70s we forget the date, BUT we voted for what was put forward as a FREE TRADE union NOT for the Gerries and French to set our laws. (This is why the sensible people voted to leave. A lot of young forget the trade we had with the Commonwealth who we let down. Don't forget the French blocked our entry twice after we got their land back for them in 1945. My wife warned that once they had us in they would try and run us, how right she was. However Selling retirement flats should be a nice steady occupation with more and more reaching retirement age.

Although the rights issue shares have been admitted to the LSE they still have not collected our money for our allocation. Has any one else not paid for their allocation either.