Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As I said earlier and every one was making jokes. Again bought Saga plc ORD GBP0.15
5000 @ 229.46 today and will buy more at 220p InshaAllah. Recently sold at 268 and at 255 which i bought at 230p and 220p in last crash.
I believe it is just a bubble which came before and hit 27p before consolidation and then we saw price at under 12p. Carnival is going down every day and Saga going up almost double. their insurance business is not very strong like aviva or admiral which can turnaround the damage in a year.
WASU, I would rather sell my Ordinary Shares over 130p instead of right because right shares will take time to be credited in my account and in the mean while a bubble come in the market and then the price go down. Any suggestions?
Hello Guys
I am new here and need clear advice. I am holding 8k on avg price of 195p. I will receive 12k right at 0.85p. If I subscribe all of them then my average will be 130p. I do not have enough cash to subscribe all of 12k. Should I sell some or most of my 8k shares on Monday if it is open above 130p to generate cash so i can subscribe right issue or sell right shares for which i have to wait for them to be credited in my HL account. In this case may be the price if open well above 130p may come down.
Many thanks
Hi Kashir25
I am not an expert but I am in the same boat. I also have 200k shares at various prices. I do not have much cash in the pot to subscribe all of my right but I think if i do not subscribe them then my average price will stay at the same level. So what I am planning to sell some of my holding which i bought at 13.5p and 14.5p level 2 weeks ago on Monday generate some cash so I can subscribe the right at 12p. I understand this will help me to bring my average price a bit down from where I am now. Someone here please correct me if I am wrong.
Many thanks