Member Info for PEAKDREAD

Great question oldrig. I was waiting for those in the know to answer your query with productive, thoughtful, data driven comments. Unfortunately you'll always get some who are keener to belittle. If you don't ask you won't find out (unless you do a ton of research.... but what's the point of that when you have a board full of people with encyclopedic knowledge of the Titanium industry :-)).

You'd think its one of the easier ways to get the accounts exactly where you want them. High levels of buybacks is a good portent for the interims.

Bigma..... I think you're missing the point. Labour need to be blamed for all the countries ills - it is inconsequential if it was the Tories who implemented something... Labour needs to be blamed. Oh, and don't forget to delegitimise the Chancellor at every opportunity calling her a secretary / Rachel from accounts etc..... perhaps even call for another General Election because Labour (who have been in power for a proverbial 5 minutes) are "ruining the country" and the will of the people doesn't count when the "wrong" party wins.

I know I'm not an idiot NTC.... I've certainly got a lot to learn and am happy doing so from a distance with that particular board. It's the presumptiveness of the respondents that makes me chuckle. I suppose it's a glimpse of society. People like to be in their cliques and are wary of "outsiders". I'm more than happy being an outsider of that clique. I'm no expert on dustys postings but he's certainly rattled their cage. I respect him for sticking at it... it'd be a lot easier and less time consuming just sitting it out.

It's an interesting board NTC.... I think i made 2 posts before giving up. The half wits are determined to attack anyone who hasn't been holding for 35 years and whose average is above .7p. What surprised me was their inability to read a reasonably simple post and give a reasonably simple answer before dealing into a vitriolic anhiliation of me... I felt like I'd been mauled by a flock of dead sheep. I watch Dusty get hammered on a daily basis for daring to question the regimes doctrine. To be fair Manlord and Ageos certainly know there stuff but they're just surrounded by a crowd of sycophants who defend their great leaders. Dusty's "lack of respect" (commonly known as having an opinion) is pounced on by a legion of wannabe manlords.... its funny to watch but also a bit sad. Their chartists are predicting great things... personally I like what I hear from the volumous musings of their "dear leader" Manlord and am happy to hold and watch the board from a distance. I couldn't give a flying whatsit what they think of me but the energy required to correct their incorrect assumptions is just too much.... so i watch... and wince.... and sigh.... and they now have Timmy as the resident idiot.... which makes me giggle...(thanks again Cev for that).

Cev probably has an average of 0.004p. It's only the "newbs" who will be hurting. But obviously any "newb" who rears his head to moan about the drop is not a proper investor as only those that have been in for 30 years qualify as "proper" long term investors. I'm very glad Cev has attracted Timmy to the eee board - as you can imagine he's going down a storm with their long term holders who have averages in the single digits (and continually tell you so just in case you forgot from the last time they told you)... a bit of satire. I just feel for Blackrock now Cev has moved some of his money.

Https://www.thetimes.com/business-money/companies/article/blackrock-hit-by-52bn-withdrawal-from-single-client-kmsmg87jc

Don't forget Berenbergs "sell" :-)....... at 240. Thanks for the advice Clarkey. I was wavering after todays .7% "drop".... especially after the 70 odd % rise we've seen YTD....

I like to fall back on Svends description of small drops... just noise. Certainly not worth a second thought (imho).

I remember the conversation I had with the royces workers vividly. "He hasn't got a clue", "he thinks he can just go and tell our customers to pay more" "he's not going to last long if he loses all our customers by demanding they pay more"... I spoke to one of them recently and they've changed their tune somewhat :-). As you so eloquently explained the intent is still there but it's going to take time to up the pricing across the board.

Thanks for the clarification Svend. Great explanation.

That's what I thought Cev, hence questioning / clarifying svends comment which, very unusually for him, seems to be out of kilter with the facts.

Hi Svend, I've thought handing over the engine at near cost and milking more profits over time was a model Tufan was looking to move away from? I remember talking to some RR guys a couple of years ago who thought Tufan was being naive as he had declared he would be looking to charge more for the engines and reverse the "selling at near cost and milking the profits through total care" model. I was under the impression Tufan had been around all the customers and explained he'd need to charge them more as the current model was unsustainable. Have royces upped their prices to make more on the engine?? Or was that an aspiration that never materialised?

Yes Trello. They were my exact thoughts when I was thinking about it. If 1000 people are using the same software which is throwing them the same bones and they all react it'll exacerbate the ups and downs... I'd be gobsmacked if there isn't someone / some people making fortunes from AI trading - it just seems the perfect match - a human brain just can't compete with something as powerful as a compuer - so long as it's being fed the "right" information and the algorithms are correctly set up it almost can't fail??? can it???

Not strictly RR but I'll hope you'll forgive me (afterall it appears to be a slow day comment wise) .... Is there an AI program / system that has been proved to work in stock trading?? I seem to remember I was following someone on twitter who was developing one a while back but have lost touch of who it is. It would seem the perfect match for AI - Stock trading is all about the data and interpreting various indicators - AI (you'd think) should be able to do this with its eyes closed. Has anyone (succesfully or otherwise) tried an AI system when trading?

RE: "I shop there, so why not."

I was on the Greggs chatboard a few months ago and one of the contributors said he'd bought Greggs after noticing there was always a que stretching into the street whenever he walked past.... Not the worst reason to invest :-). If nothing else you'd think M+S would recover to pre-ransomware levels resonably quickly once they are fully over their attack - although the £300m hit is a bit of a pain...

Big time Billy- that's a very strange comment to make on a board where there are several people who will tell you their exact holding coupled with their average buying price. Are you suggesting said individuals are lying? Or do you not rank £million holdings as "real money"?

Hi NTC, what's this 5 year window you're talking about. Why's mining only good for the next 5 years???

Hi Svend,

I did get some ATYM after you mentioned it a year or so ago - It did well but then I got the FOMO's and sold it to get my money back to the safety of RR's bosom.... I also bought some HE1 (I think it was my first venture into the AIM market) - As soon as I bought it it proceeded to halve in value - I got out and reinvested in my trusty RR.... There's a rather repeatable storyline with my investments - Vistry (again on the back of your call) got in, and then got out (thankfully before they tanked). Easyjet and IAG - in and out quick cash grab. I am very tempted with this Kodal thing.... but am also very happy with RR's slow and steady progress :-)

Do apprentices have to apply for internal jobs when their apprenticeship finishes?