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HI GS Melrose, yes i ve seen it now........... and i note that Melrose are saying they intend to return more capital next year
"Melrose Industries - If Markets Continue To Recover, We Expect To Announce A Further Significant Return Next Year. :
Bizarrely this could be whats holding the price back big returns tend to slow growth cant have it both ways i suppose
Hi GS im not aware of this 15p special dividend from Melrose . I will check it out. What i have noticed is that Melrose should be doing a lot better than it actually is. ( in my view) It seems to be out of favour with the market . I ve always thought of it as competent company.
Hi Matt that interesting about those stable coins and the BUSD and USDC are pegged to the US$ then?
How do you obtain the interest earn is it quarterly/ bi annually like dividends and goes into your Binance account.
Re your professional status with IG do you have a professional qualification or worked in the industry?
(Only share if you feel comfortable)............ The odd thing with the pro status is appears somewhat black and white, for instance if you are making a living from trading that doesn't qualify!
My guess is the market makers are hoping to shake out a few more sellers. Then they pick them up cheaper and make more profit when they push the price back up to new buyers
This will be after Jarvis announces the further update to the market when the court order has been registered.
HI MTB loads of shares issues their dividends amounts in US dollars so yes, its not a big deal... Your income related trade sounds ok
I use to trade crypto currencies in the old days but disliked the spread and the volatility.
Then in January 2021 when the FCA banned the trading of derivatives and exchange traded notes (ETNs) and crypto tradable assets for retail customers trading on online platforms such as spread betting platforms i decided to sell up and give up on Crypto.
I could if i wanted to trade them as a professional client but as i am a retail client that's not going to happen. ..
Ill be glad when this month is over from a trading point of view. Its been very sluggish........... its the old adage ... "Sell in May" and go away .. Football tonight guys any predictions ? i m going bullish and saying 3 -1 to England ... bring it on
HI GS as a rule the FCA are usually a totally useless and toothless organization especially when it comes to companies manipulating the markets and fraudulent managers of trust funds of the likes : re Woodford. they do nothing to get shareholders funds back and let the guilty carry on.
Sadly bitcoin seems to be plagued with fraudsters and only three days ago the Africrypt brothers appear to have absconded with $3.6 billion of investors Bitcoin . There are one after another dodgy deals going on all the time.
A couple of weeks ago Barclays bank banned all its customers from buying bitcoin using their Barclays accounts.
The situation with Binance Is that it cannot carry out any "Regulated Activity" in the UK as it has not registered with the FCA so its not allowed to operate an exchange in the UK. ( it shouldn't make any difference to the trading on its website though
The reason the FCA wants them to register is because it's concerned about the potential for "illicit activity" .
From memory i think Binance operate from the Caymans .. I don't know much more but like i say it shouldn't really worry you if your holding on that platform.
Hi GS yes agree LGEN and M&G both decent shares to hold, so it often about the execution Lgen the better buy technically right now?
Some interesting long-term predictions for Hotel choc and Saga ill be looking at the charts over the week end
Ive spoken with a few London estate managers not Foxt.
Earlier in the year it was more gloom than excitement with a sense of despondency but now staff and managers are talking about their Christmas bonus ( this can be substantial ) they are hanging on with £signs in their eyes.
We are hanging on also.
It can be a little frustrating waiting, but patience is usually rewarded.
Any body who has experience of the stock markets knows this and the wait is often worth it.
Have a good weekend all
HI GS the Morrison saga will be interesting to watch.. Morrisons established in 1899 yikes some history therre do they actually wan to be bought out? Silchester investments owns 15% of the company .. Amazon maybe lets watch play out from the sidelines............. Agree re one power source ...you only need a couple of solar EMP blips to temporarily wipe out the grid and every thing stops.. The Matrix films had then in in fantasy but its real enough, i believe EMP weapons have been developed now
Im thinking that LGEN Legal and General are ripe for buying right now!
HI Armani and good to see you on this board, well done with Lloyds looks like you got out at close to the best prices of the year so far. I am still belligerently holding them but sometimes not sure why?.. RDSB now much more of a goer, Reuters recently reported that Royal Dutch Shell (RDSB) was examining a possible sale of all or part of its Permian Basin assets in the US. Sources told the news agency that proceeds from a full sale could be more than $10bn. ( compliments of IC) .. Ok so if that happens then some of it must come back to the share holders in special dividends .
Plus oil will be with us in a big way for at least the next ten years and the majors will keep pumping it and selling it whilst setting them self's up with proceeds from sales to dip into the EV metals / charging points / grid market .
Its never ever going to be cheap to charge up your car when the EVs become standard. so its definitely worth holding oil for now.....
GS Melrose up one day down the next its getting hard to see where its actually going... Morrisons yes you did predict a takeover by Amazon so you were half right -ish...... if this american other one comes to anything.
if not Morrisons will be back down at 1.70 i suppose .... are you holding them good luck if you are?
Hello Sain@ and thanks for answering, and yes i applaud and respect your detailed research but i fail to see that posting how well a competitor is doing on this bulletin board is helpful.
Would not your comments be better directed at the Bod?
Peeps scour boards looking for reasons to go long or short, hearing about how well competitors are doing would have many reaching for the sell button.
I ditto will continue to hold as I know London and I know managers that work in London's estate agency's.
I also believe this will move back up in time, first target now 60p second 65 third 70p when it breaks beyond 70 it could keep on going.
HI Gs thanks I actually sold Melrose on Friday for a decent profit , there were some some huge buying volume on Friday so I took advantage of it .
Ive stopped watching Hilton and hotel chocolate but now you have prompted me i will be looking.
Ftse has come off its highs today, will be interesting to see where it goes .... these simmer months can be so slow... Still some opportunities out there......... RDSB made a decent gain today on no news so must be oil price just keeps going up! guess
Some odd trades today .. Lots of delayed trades but then deleted. M&Ms dealing amongst them self's?
The only two decent trades that made any sense were ordinary buys... one of 100000 and one ordinary buy of 200000