Member Info for Patexd

The Times reports today that an announcement from the regulator is expected on Thursday 23rd July . The regime for next 5yrs expected to be tougher. I noted the posters comment on 8th May but also note CEO Philip Green purchased stock at 502p as recently as 23rd June -surely note a smokescreen for a short. Severn Trent seen as the primary target but this one was mentioned. However if they allow the company to increase the regulated business by no more than cost increases maintainig the present yield throughout would not be bad if they can add to profits from the unregulated earnings. Whilst i hold some shares inthis stock I have bought cautiously with a view to completing my allocation below 480p -if I get the chance

The difficulty with this is you have to buy 5000 shares at 25p to get 500 new shares at £2.50 and it all depends whether one values the company at £2.50 a share. If you take a long view and they survive then it is probably ok with maybe no divi much for good while. That is all ok but if there is a market hiccups after the consolidation and they drop to 160p then you kick yourself . AS Isay I dumped my few and not very happy they have gone up !! but this often happens they get ramped up and then come down with a bump. The big boys might decide its ok ad pile in or it might get a cold shoulder or might just scrape through and we get a buying opportunity after consolidation. Lucky dip . Good Luck -anybody

I bought these last week and my purchase showed up as a sale on here. I think in my case it was because I just put in to purchase for a capital amount and the broker or mm just matched itwith a sale !. However despite all the sales last week think this isa winner. Recently returned a profit -company confident and they have a 60% proof product on the market and selling in the supermarkets. Not Diageo calibre but often tipped as a takeover and a good chance if they deliver progress the next results. Admittedly speculative

Sounds good but I think Indians are skinflints if in my experience very charming people -I think that aspect is a speculative aspect in a company that will face a difficult 2010 but is fairly valued

Abbey National Prefs also pay good sterling divis. Stock codes are ANLA and ANLB They have edged up a little this week. Pay twice yearly

Yes you will get 1 new share for every 10 and it will be worth 10 times more. Well when it is issued it will but after then how much in the short term ? Quite a lot of sells after close today -big ones. But longer term will Segro brave it out with all that debt in the bond market will they be that cheap at £2 and pennies. I wonder how cheap they might be after the deal is over -I sold my little holding today. !!! I don't care -plenty of other investments -if they come back cheap I will get in. But more seriously is this a simplistic attitude ? This is not technicals its fundamentals. I suggest if we are on course for economic recovery Segro will get by -but is a quantitative Easing recovery a bogus one suspected rightly by the Bank of England. The only sound recovery comes when improperly blown up inflation is thoroughly squeezed out public spending on public payrolls is demolished and prices of over inflated assets come back to where we can resume with our feet on the ground without devaluing our £ and hiking the costs of our imports of materials and food. !!!! Well I am stirring it up!!!!

Some sells today but not muh damage to SP . tom Winnifrith thinks undervalued. Not much news from the company but sells in the big turnover outlets

They have ticked up a little. Thi will be a share for the big spender . When the Rights are over what will they be worth 99p or 299p ? Look at the prospect -look at all that debt - look at the assets too -but could they sell any at a worthwhile price to get some cash back-the less desirable assets. As penny shares i loved these but no way will I have them for the £2.20p the company wants! No doubt fortunes will be made and lost along the way.

Well it is clear today 1/10 consolidation and a rights issue. Makes it even more of a long term punt. unfortunatelyyou have to participate to avoid dilution if that bothers you! But are the shares going to be worth 220p ? My experience .......!!! Not in the short term I think. -

My understanding is there willbe no Rights issue. There will be a placing -in effect a dilution. However cheap little hold is Segro-if they survive they will make a nice profit later on. Are they too big to be taken over if things get really bad next year or two? Worst scenarion maybe a distressed break-up but think they are determined and will muddle by. Well a lot hangs on a lift from these Olympics me thinks -the airport areas around Heathrow Brixtons base will be well in demand.

I buy these under 250p today down to 232p at time of writing. Goldmans rate buy with target currently over 300p

These shares are very cheap - you can get a holding for so little outlay. They will either go under dragged down by depressed business acxtivity in Europe because of ECB strict monetary policy -good for them -but you need not lose much. Or some bigger fish buys them out later on -or they just survive -in that case -one day you will make a big profit or have a holding with a nice dividend. NOW WHO THINKS THE WILL GO BUST ! Speak up or !!!

Seemingly OK with earnings and not a lazy company as Southern Water involvement in Brightonindicates but not sure how long they will be getting extra money from there. More the problem is the regulator -and news is coming soon on how stingy its likely to be. Labour Govt not likely to be in the business of encouraging increased water bills just before election surely and with inflation not exactly going anywhere much what might one expect ?In fact broker pessimism knocked a bit off this one yesterday with suggestion power producers were a better bet.. UU can always produce a good yield -it could cut its divi by half and let its share price halve and the yield is the same. OK but not if you are in now. But nothing that severelikely - but how mean will offwat be -or might they be more generous than expected. Well we just don't know till we find out.

Error in my post -sorry - I DO see this company as good to hold longer term !

Well the big cliff hanger fot T&L investors. Get your divi or forgo it and see if you can get the shares back for less than the divi and charges of selling buying and stamp duty. I reckon its a tight call but T&L being agricultural commodity in a world of increasing population I don't see that this company is good to hold longer term. Yes and this cheap sugar in Poundland from Whitworths 1.5Kilos for a £1 is cheaper than Tate and Lyles. But you taste them -T&L is much nicer and you need less -you get what you pay for. and of course T&L is not just about bags of sugar .

Yea know what you mean f,,ing BORING stock !! OK for old grannies . I thought myself today. Yet whilst the uncertainties are here I still think it is OK particularly when Glaxo has got a lift recently. The problem with these F...ING boring stocks is that there might be reasons why you should think -like if sterling continues to rise which we don't know against euro but it is not certain. Then you have to think the euro assets were bought in part at much higher sterling levels that will not very likely return -for some time anyway for sure. You have the likes of other property stocks out there like Land Securities B. Land that there is perceived more potential and eventually maybe but at more risK. Then you say a safe health care property stock -oh what a F..ing BORE and sell it. Yes I know . But still it should not be the first call -its going to be better than cash in ING ICCI or Nat West for quite a while yet -so just sit tight and forget it and wait for the next divi -that is what the creature is.

Why will xtrata do so well as you think? The share is heavily diluted with rights issue but admit future upside. I think Australia is good bet but BLT better bought at 750 a few months ago giving nice yield. Anything up from here -well some time -what goes up comes down!

Are aiways welcome when some companies are cutting them. Tate say their finance debt will be reduced this year because of weaker $ against sterling . Whilst one could see the 2007 SP peak of around 8.00p as unsustainable due to the failure of some products in US it is difficult to justify a price of 240p. Current price of 314p not an overlarge rebound and not excessive -at 350 then might we be going a bit fast. At $70 oil ethanol just about comes in. We need clarity about the economic outlook surely now to expect much upside except in individual shares that remain on their bottoms-some of these depend on amore general recovery like consumer stocks and construction but foodstuffs are rather defensive - Dairy Crest albeit performing better but for how long I wonder. Sometimesit is a relief when a share price hasnot been overhiked as it is less likely to drop back so much . Ex date I think 1st July !

This is no joke paddywack -whilst I have not much time for the previous poster to you -the fact remains this share fell cfrom 420p to oversold levels. It is a good long term hold but it is questionable whether it might in advance of the ex date it might be temporarily overbought and you have to weugh up at some future point soon whether to take your divi and stomach the costs of getting out and back in or to take the divi and sit tight for another six months -by then we will all know about the durability of bear market rally for sure. In the long run it is difficult to go wrong with a company like this. I am convinced but we are are getting little inputr, Sometimes I find myself it pays not to write intelligently ! but with this company I am confident to not care about short term traders little games.

It is often recommended that oil sharedividends being based in $ make them a good each way bet because eitheryou get capital appreciation if commodities rise or you get a divi increase if the $ rises. -Tate and NG I expectdwould behave similarly but reading the small print inannual accounts I find in fact that due to the amount of $ financing debt these companies have which is $ denominated this weighs on their balance sheets negatively when the $ is high against sterling as it was earlier in year anderodes theadvantage of weak sterling on the value of repatriated earnings. The improvement in sterling contra the $ may account in part for the better view Tate and NG of their finance debt .Yes NG is a long term hold. Historically it has not gone up much at its present price from where they were at the share consolidation a few years ago but theirearnings have- so this must be a buy but Ihave found so far by taking more than one bite at thecherry.