The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A long way to go but another good day.
Can’t believe the difference in only 4 days.
My companies is just an expression for the ones he worked for. Lots of people say “at my company”.
To be fair to John he didn’t say he had businesses he said he had run few in his time..
Although I have no idea what type of business that could be with that type of personality, chat room perhaps, the speaking clock, or directory enquires perhaps.. ;-)
@Inveteroid
Are you worried about the IAG results on the 30th, the cash burn still must have been huge. Or do you expect it to be better then expected?
Fair enough Boix, it could yer prove to be a smart choice. I bet every investor has seriously considered checking out, I know I did. Still part of me questions it.
But please do us favour and respect people’s choice to hold as they respect yours to sell.
Yes the new “be kind” culture must be catching on as this BB is full of people who are worried about other people’s money.
They outnumber and have more concerns than the ones actually invested.
Some literally have turned this concern into a full time occupation.
Boix, I take it you are out now?
I haven’t seen one even remotely positive post since Monday.
If all share holders get wiped out why would that make it any easier for them to buy it out.
Very interesting indeed.
Although if they were bought on Monday they could have got them very cheap and are just flipping them.
I see our resident squatter is still here.
There really are some strange people on this BB.
Far too much time on their hands..
WTF!
I come on and post that I am pleased with the rise today, literally one line. And somehow someone thinks that has anything to do with then.
John, wtf are you taking about, what confrontation. I know you may find this hard to understand but this BB isn’t all about you...
10.32% today, we will definitely take that!
Quiet is good for now.
Yesterday was ridiculous, it was like people slowing down on the motorway to look at an accident, but instead of just looking they wound down the window and also started hurling abuse at the injured.
There are still a few who continue to spend their time on here for no apparent reason, not invested and not even shorting.
If they have the time to do that that says a lot, they are the last people I would ever listen to.
Let’s wait for some good news, I hope it won’t be too long.
If it went into a CVA, any estimates what kind of haircut shareholders would get hit with?
Bear in mind it would be by majority shareholder agreement and so the institutions would all be taking the same hit.
My advice, don’t average down.
Nobody would do that when there is such uncertainty.
This either recovers and you should hold long term for real good profit or potentially you get nothing back.
Nothing to be gained really from averaging down.
PS, I am 52k down and holding. ;-)
@CINE and his isa
Sorry to hear that, I know things seem bad at the moment but in life you can always make more money.
You are definitely best waiting a couple of days before you do anything.
With that % of loss I would be tempted to say you should just ride it out but if that 5k left is your only investment capital then perhaps you might want to consider other options.
Either way take your time to decide, the next few days won’t a make a difference to you in the scheme of things.
Not sure a retail bank is the way to go when they haven’t ruled out negative interest rates, yet but good luck to you.
Not sure I would be moving from one high debt company to another though.
Wow, take care laidback.
Could be a smart move, time will tell.
Steve
Notorious, yes Timmy they were just talking about you on Bloomberg..