Member Info for Phoebus

MrMath, I have done quite a few deals using quote and deal this week, but the functionality is definitely not what it should be. The user should not be dumped at a dead end screen at either the quote or deal stage, but should be routed back to the same page to try again. A successful quote request should take around 2 seconds not the 7 seconds it often does now, as should a failed quote or deal request, which currently takes an appaling 15 seconds or more! This is the most important part of the entire stockbroking service and the one that needs to be addessed the most urgently, once everyone is able to log in that is.

Sorry, that was a bit unclear. What I meant to say is the 'book cost' column on the overview page refers to the cost of the acutal shares only and doesn't including associated dealing costs such as commission or probably SD and PTM.

I've also noticed that the 'book cost' column on the overview page refers to the cost of the acutal shares minus dealing costs, and probably minus SD and PTM. So if I pay £1K in a transaction to buy shares including costs and then look at the table it will list only the 'book cost' of the shares themselves minus costs, which would be £994 or £989 or £984 etc. depending on what charges were incurred. Buy or sell several times and the 'book cost' will get further and further from the actual costs incurred for that position. This makes the table completely useless for tracking the acutal cost and therefore PL of each position. If you're dealing quickly in several tranches monitoring the position will become a nightmare. To top it off I noticed on one of the pages an average unit price data point for the whole porfolio. What is that? The total spent on all instruments, no doubt excluding commission, SD and DTM, divided by the total number of units of all instruments. What! How they can feature such meaningless drivel? They appear to have systematicaly replaced useful information with useless information.

If you need a flexible ISA then Share Center looks about the only option, else HL or AJ Bell look good.

I managed to find the feature on the website after a lot of searching, but can't remember where it is as layout is so awful. Just tried to look for it for you. Clicked a particular drop down on the overview screen, which I hadn't used so far today and I'm logged out. Seriously Shaft Investor, what are you playing at? If the website wasn't finished you shouldn't have gone live. What happens if folks get logged out in the middle of a deal?

over at Barclays Shaft Investor. When I try to deal PVR it implies the market is close stating 'closing price last updated at 16:30', whereas with other stocks it gives the 'current' buy and sell price. Data pathways varying from stock to stock. Oh dear! Ever heard of 3NF Barclays?

Where is the deal history for individual stocks though?

now available on new platform. Order > History > Order Origin > select old account number from drop down box > change date parameters > Go.

Bought 3 tranches of EME late yesterday afternoon and all appeared OK. Looked at my position this morning and I only have £5K instead of the £11K I should have after those three trades. What's happened? It says on order page that the trades were rejected, but I didn't see any indication yesterday. I have £5K instead of the £11K I thought. Had to buy on the open about 5% higher and now MMs are dropping the price again. Is it me or the system? I'm so unimpressed that words cannot express.

Dumb & Dumber Investor! Testing my patience big time.

Good spot. I was too busy sobbing. ;)

And more here. https://www.lemonfool.co.uk/viewtopic.php?f=26&t=1144&sid=b6aba1dfe4f90cdc9e0c59b77a0694ba&start=220

on Twitter. https://twitter.com/search?q=%23BARCLAYS&lang=en

I had a look into other brokers a couple of months ago. For me lowish dealing costs, fast simple platform and a flexible ISA are key. A flexible ISA is where any money you withdraw can paid back in during the same tax year without it counting towards your annual allowance. Given the state of the global banking system, I think this option is imperative as it allows funds to be moved out of the ISA if there is any sign of a run on the banking system without tax free status being permanently lost. I identified only 4 brokers other than Barclays offering such a flexible trading ISA, but each has drawbacks: IG / £5 per trade if you do at least 10 per month. However trades above £25K require negotiated deal rates, which is no good for me. The platform appears to be a JAVA interface rather than HTML and looks more like a spread betting platform, which is not to my liking. Best Invest / £7.50 per trade but very high account fees for large accounts. I could also not see what their platform was like. The Share Center / £7.50 per trade if a monthy fee is paid for reduced charges. The interface is simple, but appears to have been written by a kid in his bedroom some time in the 90s. The site page flow is poor and security looks weak. I have also read some bad things about customer service. Charles Stanley / £12.50 per trade makes their flexible ISA far too expensive for me. Didn't bother to look at their platform. Sadly the following brokers do not offer a flexible trading ISA: AJ Bell Youinvest / Looks quality. Alliance Trust Hargreaves Lansdown / Looks quality. Interactive Investor iWeb Share Dealing Selftrade / Looks quality. TD The rest are unclear as to whether they offer a flexible ISA or not: Beaufort Securities Clubfinance Frequent Trader / Appear to have uncompetitive spread with more illiquid stocks. Halifax Share Dealing / Very expensive. HSBC Share Dealing iDealing Lloyds Saxo Capital Markets SVS XO / Looks cheap. X-O / Looks cheap. If anyone know of any other brokers that offer a flexible trading ISA please let us know. I think a lot of Barclays clients would be interested.

The current SP is completely underpinned by net current asset and there are 4 huge catalysts that could hit at any moment. 1) Z-34 partner farms out - BOIL then has free carry on a massive exploration well, Cuy-1 targeting 82.6 MMBOE net recoverable to BOIL, which is gargantuan for the current market cap. 2) BOIL farms out onshore Block XXI with its ready to drill double propsect, El Barco-3X with 8.2 MMBOE net recoverable, with drilling likely very soon thereafter. 3) A deal is signed in SE Asia. 4) Z-34 partner coughs up $2M. BOIL is a very illiquid stock at rock bottom valuation. All of these catalysts could happen at any moment and when they do the SP will go supernova very quickly. Very few will get in. 1) and 3) in particular would have a very strong effect on the SP. In the case of 1) I expect the shares will hyperbag almost instantly and could easily rocket around 2000% even BEFORE drilling starts. This is definitely the time to accumulate with very little downside risk and an unbelievable array of transformational catalysts. No wonder the shares are so hard to buy when the SP dips to 0.35p. GLA

I'm not surprised. Looks expensive based on drill program. Getting in at this share price you are paying the following per barrel for the upcoming drills - [Podere Maiar] paying 1121p/BOE for 0.57 MMBOE net, [Waddock Cross] paying 1995p/BOE for 0.32 MMBOE net, [Broadmayne] paying 1678p/BOE for 0.38 MMBOE net. Even combined the company already costs 503p/BOE for the total of 1.27 MMBOE net. These are eye-bleeding levels. Even if you net off £3M cash the overall figure is still 267p/BOE, which is still massive. I would expect this sort of market-cap to BOE ratio for drills carried out by established big juniors such as CNE, ENQ or PMO, not a tiddler like UOG. If we ignore all CNE's assets and value it just on the basis of the Druid/Drombeg well underway, it only costs 194p/BOE. There are much better value exploration and appriasal drilling options on the exchange. Look at AAOG for example. Drilling TLP-103 in a few weeks targeting 36.5 MMBOE net recoverable P50 with COS 60% and 25% for the apprisal and exploration intervals, which equates to 32.3p/BOE or a measly 15.6p/BOE if we net of their approximate £6M in cash.

Indeed. No buy liquidity yesterday yet no move up, and today little sell liquidity. Copper still around 2+ year highs. Should already be MUCH higher. Jokers.

You may be right in reading the runes, but I need something more concrete to go on espcially 650% off the lows. Best of luck.

but according to the latest CPR there is no fundamental reason to buy. CPR states mid case NPV10 net to SRSP for the Ororo Field is only $49.2M or £37.6M, which is 1.48p per share. So at the current SP of 1.35p, according to the independent petroleum consultants at Rockflow Resources there is only 9.6% upside from here to the total value of the project. Given the spread is nearly 4% the upside based on their flagship project is almost zero. Very odd. https://www.investegate.co.uk/sirius-petroleum-plc--srsp-/rns/cpr-and-convertible-loan/201609081242363356J/

Perhaps someone had a bad day and clicked At Best by mistake LOL. Should really call it At Worst.