Member Info for oldbutnowisa

Yes folks, we all want to and there is zilch from the co. Very worrying for us all but just hope for an update soon and not a share suspension. The latter would throw a nasty shadow over this management and all their previous enthusiasm. My suspicion is that there is no news from sale of Tant Valley and since the finalisation there provides the cash for all other moves, they want to await that outcome before RNS. T

rNS

...looks like Krafty Kamran plans to dilute ordinary shareholders by this latest wheeze. Will be more than interesting to read what Slimeball and Sleezebag have to say in answer. Perhaps the best mood music to accompany the eventual meeting as those who bother to attend take seats may be 'the Devil and the Deep Blue Sea'.

...what was in Wednesday's Budget about employees being able, in due course to take out individual totally portable pensions throughout their working lives. When this is put in place, it will be another huge boost to LGEN (and Aviva).

Small print in the Budget but weekend newspapers will show it. I have increased my already sizeable exposure in both companies.

Market seems to be taking a teensy bit of notice.

Hopefully the medicine is starting to work but will clearly take a bit of time to turn this big ship around.

...my message just now on Aviva! Great Budget news for the big life insurers!

I have been blessed with a brilliant budget feature so far not appreciated by this market.

Workers will now be allowed to take any pension from the market, not be stuck with their employer's own pension fund or the government's AND carry it from one employer to the next throughout their working life.

When this provision is understood and takes effect, it will revolutionise workers' pensions and the big providers' SP will reflect this new substantial income stream. Glad I topped up big in Aviva today and to lesser extent in L&G!!

Correct, but the only thing open to us is to sell in the market. I grasped that nettle some while ago and now only retain a nominal amount to see what, if anything, becomes of this Marie Celeste and,I suppose, do a little dance if any of these rogues get their just deserts!

I happen to have given the necessary notice to close a Bank investment and just received a wadge of cash in my day to day account. After a little thought, I have decided to invest a large part into Aviva Ord shares to make my holding rather substantial. The reasoning (which also applies to the balance which is shared between L&G and GSK already in the portfolio) is as follows:

It is reasonable to expect some relaxation of interest rates in the next few months which will cause investors to turn to decent yield paying shares rather than fixed interest, which should gradually reduce. By increasing my holding in these safe and boring dividend payers, I should have the benefit of both the decent and rising dividends AND the real expectation of rising share prices.

Not guaranteed but, in my considered view, good odds! And Budget Day is one day when, at least until lunch time, prices are stable to lower !!

....maybe a long stay at His Majesty's smartest prison might be their ultimate destination but no doubt that will take a long time and lots of their - sorry- our money on legal fees. It disgusts me that AIM is open to this abuse.

Continued. (keyboard playing up)

This is why I preferred Mpac, Good diversification of interests for such a small outfit..

See the RNS for Ilika today. Mpac is partnering and will construct the production belts for their huge batteries in due course.

J

I am not a fan of buybacks which are loved by Directors because it enhances their holding values. The true view is that where there is money to be made by the company in its businesses, that is where cash should be spent. It is called 'Reinvestment' and it should be the first priority. I am also not averse to growing the dividend to us shareholders!

I hope here that they do a bit of diversification rather than have more eggs in the UK gaming market.

Thunderbird2 -I think you are not correct re the shares bought by Jarvis and held on our behalf. If Jarvis goes belly up, I believe another brokerage will normally be found to continue to hold on our behalf i.e we will become their new clients--

at least I hope so!! Of course, the new broker's terms may well be more expensive than Jarvis!

This SP takes nothing for granted but if the figures are not really good, I would not be surprised if the SP slides. This is not a stock that excites the market at present

Market is turning up and these yield over 7% with likelihood of further improvement as interest rates come down in UK.

I

Hi adam1986! Very wise to not rush in because of the high risk. But if you have done your homework you will know there is a huge and long established eastern conglomerate standing behind CAPM. Although the capital value is less than £M10 now, it is likely to rise sharply once the JV is finalised so a small position now may be prudent. I have a small number in the 'gamble' part of my portfolio and am monitoring for a drop as the fastbuck players tire of waiting for news. At below 3p on the delay I will top up. Good luck. Invest the biggest % of your savings in safe dividend payers!

....may be best option to get this functioning and profitable. Details would be for the number crunchers but holders of a reasonable number of shares should be eligible for the offer. Also would need a decent life -say ten years and an attractive interest rate (cumulative).

Just noticed your well informed note here, StreetsJ. Thank you very much!

I have averaged down at least once on my holding and still they fall. I am fortunate enough to have cash coming from a recent takeover stock but do not to announce the bottom here yet, even if I miss it! So will just wait for the cash to arrive and if these drop further I may be tempted to go in again. MANO seems a hard one to read accurately. It did not look that way 3-4 years back!