Member Info for Paul2566

Thats why they want to attract them.

Phil
KMA

Good luck, you're going to need it I'm afraid.
Sold at a total loss of £7k, but at least I got out with my shirt.

Sorry wrong board, although I am still watching this also.

I'm still following this, watched it fall from 71.5p to around 16.25p today.
On the sidelines but its starting to look like reasonable risk vs reward now.

Its only a rough guide on most sites.
Calculated by the mid-price at the time of execution. Below mid-price equates to a sell, and above to a buy.
The closer the execution price is to the mid-price the more inaccurate it is.
The actual markets work on buys and sells, they don't share this accuracy problem of using the mid-price as an estimate.
In real terms it makes no difference.

Boris for king.
The dividend tax rates will rise by 1.25% from April. The money raised is going to be used to fund the cost of social care and the NHS.
Isn't that was what Brexit was supposed to do.
How soon we forget.

Jam tomorrow.

zac0_4
Thanks for sharing your views, I do like the look of Fundsmith and will continue to examine what they offer.

gman90
I don't thing we are far apart. I also hold LLOY, and VOD.
I try and keep each stock to around 5% of my portfolio, but fail. I have a couple that are now over 7% of my holding, and one that less than 1% (KOD). Most are in the 4% - 5% range to spread the risk.
I've never held a managed fund, but have looked at a couple and might start a small position next financial year, just to see if I'm missing something. I'm drawn towards Fundsmith Equity T Inc managed by Terry Smith.

gman90
Just to make you aware of my personal experience with TRIG and UKW.
I bought both at the same time and in the same investment amount, I added later agai both in equal measure at the same time.
Held since Dec 2020.
TRIG is showing me 5% profit including dividends, UKW is showing me 15.58% profit including dividends.
I continue to hold TRIG just because eventually I think it will catch up.

spights
I have nothig against Saga, but I'm a bit heavy on insurance if you lump life and other together. I will probably lose one or two over the next 12 months, but haven't identified anything I prefer at the moment. I do have some lithium miners on my radar, but they are mostly offering potential at the moment with no substance.
If you are interested I'm looking at CUSN and ZNWD. I already hold RIO, and a very very small holding in KOD, which is an absolute gamble, hence not much invested. I would like one more miner, just waiting for the right one.

gman90
I also hold AV., ADM, DLG, and PHNX. I think all will do well, but LGEN has been very good to me and I've held for a while at an average of £2.22. My average was a lot less but I sold a lump as it was getting a little top heavy in my portfolio.

If the volume today continues the unexpected 81m shares should clear in the next 3 - 4 weeks.

BlahBlahDoh
I must have missed the initial post.
I agree the bid price has probably found a base around £1.40. Thats a reasonably good place to be today.
I suspect it will drift higher over the next few weeks. Given that the stock has not been diluted, I see no reason why we shouldn't regain the recent highs fairly soon.
In effect nothing has changed fundamentally with the stock, its just the market reacting to the large number of sells. Once its all cleared, it will be business as usual.

I guess it depends on individual SP buy in.
I got lucky and hold at an average (including costs) of £2.8832, so in relation to my origional investment the current dividend is more than acceptable. Add in capital growth and I'm currently sitting on a growth of my investment this year including dividends of over 50%.
I know some will not have been so fortunate, but I can't complain.
I like BP., I think the way they are managing their transition to sustainable energy is a better route than Shell. Shell is planning on the transformation at a greater rate, and IMHO will miss out on legacy oil/gas as it will still produce substantial proffits long after 2030.
I don't have a sell price because as long as I see any advantage to holding this stock, thats exactly what I will do.
If it didn't unbalance my portfolio, I would almost certainly add to my BP. position as funds became available.
At the moment BP., SSE, LGEN, UKW, TRIG and HSBA are stocks I can't justify being without.

Roy
It entered the FTSE100 the day after that post, it was unusual, due to specific circumstances, but I view it as a very positive move.
the FTSE 100 is reviewed 4 times a year usually, and hopefully by the next review AAF will still quallify.

The smaller trade made later went through straight away though.

They may, however there were no shortage of buyers, it took me 25 minutes to execute a trade for 12000 shares earlier today, and the two funds concerned actually sold more stock than they origionally intended.
I don't believe its anything to be overly concerned with.

Ok so that now makes sense, from further information released today which offers some clarity.
Two institutional investors, Warburg Pincus LLC and Morningstar Investment Pte Ltd., sold the stock, I assume it was profit taking. It may have been due to an imbalance in their portfolios. I know some fund managers have limits on the % of certain stock sectors or geographical sectors. It probably means nothing, just a PIA for retail investors.
However I expect any pain to be fairly short lived.
Its unclear how much stock Warburg Pincus LLC and Morningstar Investment Pte Ltd. have retained in their portfolios.