Member Info for Owl85

I guess when the choices are that, or bankruptcy, it kinda forces the hand.

Lti/badger

Agree fully on both counts, it's almost like some in some quarters hate to see a UK business do well and yes maximising profit should be the name of the game. For some reason tsco seems to take a hammering for doing it though, more so in the days of Leahy when the SP was twice as much but they were continuously hauled over the coals by the British press for it.

A remarkable day, not quite in a position to say that this is safe as it stands but I've felt enough confidence with this contract to average down to 11p from 23p today. Hopefully at least get my outlay back.

Except it won't as CINE is pretty much toast as well.

Household finances getting squeezed further with latest rate rise and persistent inflation. Plus it had been on a fair old climb over the last half calendar year so maybe some profit taking too.

I think they are almost mindful of not wanting to make too much profit at the minute, as ridiculous as it sounds, if they were to go full throttle the amount of negative press re profiteering and taking advantage of already stretched households could quite quickly have a negative effect on the company. I remember the days pre credit crunch when this was often a feature of the reception of their results and household finances were under a lot less pressure then.

9% is very good for any share, that is the total for the year however, it pays out quarterly to prevent huge fluctuations in price when it goes ex dividend. They've stated no changes as it stands only this week, I think it would very quickly be worth much less than £26 if there was any hint of that div being cut.

Agreed, it's a lot less in proportion, but that's still a decent chunk. I have it at 2.5 week's pay before tax, that would go to over a month after tax.

TM sunk £257k into it this morning, fair bit of skin to put into the game.

Be an interesting day for this tomorrow. Quite a bit of selling late on, risk aversion or news in the pipeline?

A combination of selling and being diluted down. PMI had a notification out yesterday also as % holding had decreased but actual shares held was the same.

Small pull back today, but a hefty drop over the last few weeks.

Yea the SP isn't going to recover in any significant way any time soon. I've already mentally written this one off as a total loss.

Continued pressure on the SP due to its extensive Russian links and the ongoing sanctions and I would say the disappearance of POG and UK delisting of POLY, similar companies in terms of location and industries they are involved in, hasn't helped either.

Putting money into this may be highly rewarding at these levels, personally I'd say it's inadvisable until the Ukraine situation starts to unwind which doesn't look likely any time soon.

136m as of this morning. Get a feeling the shares in issue are going to balloon rapidly here.

If I write this off ajd sell out now I might about have enough to pay for the pub to watch the Wednesday match later.

23p average, doubt that will be seen again.

The fact that they've RNS'd this intraday is a little worrying.

I think it was coming from an undervalued position late last calendar year, however I feel that this rise may run out of steam soon. So much so I cashed several £k of these earlier today at 282.

Come the end of this summer, and knowing how I call these things, it's 382, I'll probably be suitably cursing my decision today lol.

"market about to crash" - what is giving you that opinion? The US banking situation, or other factors? Genuine question.

It really needs something to give it a shot in the arm as we are imminently dipping into the 5's.