Member Info for Paul2566

Thanks for the replys.
If a stock is falling as a result of a problem with the company I get concerned, but that simply isn't the case with LGEN, so I will be averaging down, it's just about picking an absolute bargain.

LGEN is now below my average of £2.3774, which I hadn't expected to see again, however despite being very tempted to add today, I suspect through no fault of LGEN this will go lower.
I hold this for the dividend and have no intention of selling.
I know its just opinion, but does anyone have any view on how low this may fall in the next few days/weeks. I'm not expecting to hit the bottom, thats never worked for me in 30 years of investing, but I'm thinking this could get down to £2, based on nothing but the current economic situation and the previous SP history. I don't believe the company is worth any less but I love a bargain.

Increase in contracts will take time to filter through to company results, and will start to be realised on the books soon I suspect.
I think worldwide defence budgets will stay elevated for some years to come, the Ukrain war has woken many countries to the fact that the world is less stable than they thought. China and some middle eastern countries will also be a cause for concern and the Ukrain has shown how vulnerable a country can be to those with large military assets.
I don't think I will be able to get in below my current SP average for many years if ever again. I now of course wish I had bought many more. I hold these for the dividend which in my case based on my average is a little over %4.76. Its my only 'defence' stock and I imagine it will remain part of my portfolio.

Morbox
I also hold LGEN, AV., and ADM, together they account for just over 28% of my portfolio, this for me is too much weighting in one sector. I can't bring myself to sell to reduce my holdings as I do like insurance, so my only option is to reinvest dividends elsewhere to rebalance my portfolio. But were it not for this I would I would reinvest dividends in all four without hesitation.

I''m very tempted, however I hold this plus three other big insurers, and together they make up a disproportionate % of my portfolio. I like DLG and that is the only reason I will not increase my holding here.
At these prices my view is that a long term holder could do far worse than to reinvest the dividends.

As above, Halifax just sent me a message. All good.

Only thing I can see is the scrip dividend. Investors choosing shares instead of cash.

While I build a position for future income I'm afraid I'm happy to watch it move lower.
Sorry

Its not unheard of for a director to sit on more than one BOD.

I've held this stock for a little while now, last month it dropped below £44.40, so I bought more. It will at some point likley dip again, nothing to worry about unless you need to sell. Every time it drops below £45 I add some more. If it dosen't go below my buy point I just keep my holding and buy something else that looks good.
RIO is driven by the commodity prices, which are beyond its control and don't change the fact that its a stellar well managed company.

BUYSELLREPEAT
Please read my post. I didn't say the war would likly last 5 years, I said the effect of the war may last 5 years.
Its my opinion, which as with all opinions may very well be proven to be wrong, but none the less I'm entitled to it and entilted to voice it on a free speech BB. If it doesn't fit your optimistic outlook I suggest you don't read it and just filter me.

I sunk nearly £25k into POLY not long after war broke out, with an average of £3.48.
I never expected the war to last more than a few months, and couldn't have predicted how it has played out.
It now feels like it may have been a bad decision to buy in so early, but only time will tell.
I was aware of the risk, but misscalculated the degree. Thankfully I only invested the absolute maximum I was prepaired to loose, so not complaining.
For me I'll let it ride and see what happens, but wont increase my holding.
I can't see an end to the effect of the war on POLY this year, and probably next year, but a couple of years is nothing in investing.
At the moment I view any SP moves as purely sentiment based, with little changing in the fundemental circumstances in the company.
I remain hopeful that within the next 5 years, a dividend will return, albeit greatly reduced, and an SP somewhere above £5 will be reached. But at the moment no one really knows if POLY will stil exist in 5 years.
Lets hope I'm wrong, the war ends by November and we see an SP of £10 by the end of 2023.
ATB

I doubt much will happen here for 5 years, it may do well given time, it may not.
Lots of junior lithium stocks, most will fail.
Lets hope this one is a winner.

I'm getting really tempted to add.

huudi
Actually nationally its about one in thirty eight.
I suggest you have made an error.
A percentage of 33% uninsured drivers would make every insurance company in the UK operate at an unsustainable loss.

I suspect there is some uncertainty aroung the change in government leadership, which wont help.
Overall I like SSE a lot and have held stock for a while now.
I'm thinking of adding more but I hate averaging up, but with SSE I suspect there is little alternative for me as I cant see it dropping below my average.

15:01:39 appears to be trading again.

Trades seemed to stop at 14:48:26.
The trades I can view are not live, around a 15 minute delay.

I can sell £10k worth but can't buy £500.
??

All I see is;
'This message has been filtered, please adjust your filters to view'

I assume its the same old poster, and have no inclination to adjust my filters.
Responding to certain posters only feeds them, remove the food and they should dry up and blow away.