Member Info for philpot1001

Bought back in with a chunk at 985p today..... going to be biting my fingernails to see if the DOW recovery is a temporary blip or s turning point.

I sold out of all my banking share a couple of weeks ago as I was in profit, also sold my GFRD at a small-ish loss, essentially all I have left in market at the mo are two AIM share DKL and MXO, and my BT shares.......small ish holdings in each......im waiting on the DOW to level and start back before I buy back in.

will do although im not hopeful

I may email him and see WTF is going on as this is outrageous.

* EDIT note the term

"CPR to be updated"...........not the term, updated, so they already had the CPR - just didn't bother telling us about it. Unbelievable. At least on the positive, it sounds like they expect large reserves or they wouldn't bother updating it..........I just hope we actually find out the details this time.

also not the greatest timing for this, mid global sell off, couldn't we have had this 2 weeks ago. Grrr.

looks like the global sell off is coming home to roost, I thought we had escaped it.

Blimey RNS, who'da thunk it..............however what happened to the gas CPR that was "imminent" last may pmsl? Anyhoo, fingers crossed they actually keep to this timeline they have now specified, and we can actually make some cash here for a change.

Haha it's not as bad as I thought it would be so far, 999p is a definite resistance point.

Could be mate, i sold a big wedge today at 1023 so I'm hedged now i guess

I did moneygrabber.... I watched the original Andrew Marr interview, which is why I posted it here ;)

Also DE that's my strategy when it comes to buying in..... I'm not intelligent / lucky enough to pick the bottom so tend to hit it in tranches and normally aim for 10% drop between each tranche.... if it doesn't drop I try not to buy..... but I will admit sometimes I get carried away and break my rules lol.

Pretty much agree with you DE, although the emergence of the Capita problems seemed to kick us down too (Although I don't see the parallels here TBH). Moneygrabber- after clarifying I'm no tabloid reader I'm not making anymore politics references one way or the other - I've seen the Lloyds forum and want to avoid that hahahaha ;)

Good luck mate, hope it works out for you! I was going ask if you thought it had bottomed. Was strong support at 1000p, if it tests it again could break mind.

that's the last Ill say about politics, as these forums tend to degenerate into political slanging matches and im certainly not interested in that.

just to prove a point "AM: And now you want to take those contracts back home you said to the Conservative Party, back inhouse. Now do you accept that involves quite a large upfront payment? JM: Well we�ve already got the upfront payment. The National Audit Office Report, if I just explain, Andrew, the National Audit Office Report this week said we�re now committed to �200 billion worth of expenditure over the next 20, 25 years. So that money�s already there in terms of a liability that we�ve got. What I�m saying is if we bring into public ownership the special purpose vehicles, equity in these stakes is 10%, the rest, 90% is debt, what we could do then is control then and refinance in a way which we would save money and in the long run it will save us money." certainly my take on everything JM said implied a preference to nationalising PFI's. Direct quote taken from the shadow chancellor, from the Andrew Marr show http://news.bbc.co.uk/1/shared/bsp/hi/pdfs/21011802.pdf

im most certainly do not read the daily mail, that was from conversations had on Andrew Marr with a labour MP ranting about Carillion.

If Labour get in, expect a significant reduction in GFRDs revenues as most infrastructure projects will be nationalised

Can't argue with market sentiments though