Member Info for philpot1001

he / she has been around for years hindering us fundraiser, I think we've all gotten us to whoever it is by now lol. typically we see a 11K pound dump into strong rises, and its affectionately been termed dumper dude

that 21.28K pound trade has appeared twice at different times, either its a ghost or someone's dumping large amounts. Swine.

at 11.70p, surely the ask must move up soon!

PMSL......bloody typical, as soon as give up and cash out and crystallise loses .....POG bounces and SP recovers. Bangs head against wall.

bounced heavily off 215 :o( dang! hopefully it pulls its trousers up and tries again

I got out yesterday, took a minor hit of £80 loss but I know when to quit. It was worth a punt on the off chance of a temporary uptick, but didn't work out. Does look like POG is going to take a bit of a beating based on the past few days.

Just topped up again, 7330p at POG 1320 seems under priced to me!

well we will see what happens post Yellen in a couple of hours, fingers crossed!

well I only put a small amount on so far, and if it drops I can always top up and average down. However, my money is on a rate rise nearer Dec, not Sept, and if that's the case I think gold will bounce back a bit in the near term......but it is a bit of a gamble I grant you. Its also worth noting that, yes gold dipped a bit around Dec last year when the rate was increased, however it had returned to its prior rating by February. Highlighting the potential benefits of averaging down.

the SP has been pretty well supported at 205-210 range now since after the ex-divi, bit of a shame it couldn't hold over 210 for a bit, but I think that will come.

Im not so sure, if the rates go up its only going up by 0.25%.... and thats assuming they hike it up in Sept, which is by no means a certainty, Dec looks more likely in my opinion. I also think there is plenty enough turmoil around to keep gold elevated for a while yet, and with the Indians gold season about to go into full swing that could support prices.....maybe. Anyway ive taken a small punt at 7555p, it may or may not pay off, ill see.

nice to see an uptick for sure, i'm now in profit so if we get a day or two of this i'm home and hosed and dividend is additional gravy ;)

yeah I was the same, I bought in yesterday expecting a slight bounce after XD, however looks like I mistimed it as usual lol. As stated the general FTSE is down at present so don't think its anything to worry about.

I'll see how it goes but I plan on being pretty long term, ideally for 12 months to capture the full 6.5% divi plus hopefully some capital growth...... however if there happened to be a strong bull run and it went up > 30% I may cash the chips in early.

i just bought in on the back of the drop and partly because the div rate is circa 6.5% at this price, and the profits are looking safe. I am a little concerned that the FTSE is so high though TBH, although things are looking OK economy wise all things considered, so hopefully there wont be any major corrections.

Ah sorry, I thought you were talking about the hedging specifically. I see where you are coming from RE crude price, although my understanding was the biggest hit from low crude levels was the marine side of things with low levels of exploration. Either way, yes its a concern.

potentially - my understanding of the underlying message was that RR use the hedging to level the playing field, i.e. its just creates a flat trading level, rather than peaks and troughs. So im not sure I see it as necessarily a headwind. As the article says, they haven't "lost" the 2 billion, its just they would have made more if they hadn't hedged - however similarly they would have saved money earlier in the year while the pound was high against the dollar. So its swings and roundabouts. It will be interesting to see how its reflected in the upcoming figures due to be released. It doesn't look as though the markets have taken it badly.

just read an interesting article about the RR 2billion "loss", that isn't actually a loss.....hence why the SP didn't lose a lot, and is in fact increasing at present...... "For the company this isn�t really a loss. It will receive the same amount of sterling as it always would have done. But the accounting treatment is that it must book that loss on the hedge position. Rolls Royce is therefore still where it was pre-Brexit. What is actually being said here is that if Rolls Royce didn�t hedge then it would be �2 billion better off today but it did hedge so it isn�t."

News doesn't seem to have moved the SP as much as I thought it would, maybe priced it in with Fridays drop? I was tempted to get out with a small profit at 745, however decided to remain with it with the hope things might be improving. Just hope I haven't made a mistake....we shall see.

Lol you must be joking? I've held these shares for 2.5 years. Why on earth do you think that?