Member Info for revshep

I wish that these could be done correctly. Ther is a 6m sale on 1st December. It is actaully a BUY and was made by myself. Hopefully we shall get some positive news in the next few months as we have been awaiting that , sadly, for years.

I totally agree with your sentiments. We have been overpopulated for many many years. It all went wrong, IMO, with windrush!

Thank you I shall try and find it. So is he valuing EPS differently to the rest of us?

Thank you PRK1. I take your point. I am just nervous generally of the market at the moment as, IMO, it is getting frothy and over valued. I have been investing for over 60 years and have always set myself an exit target price. So far it has worked successfully although after selling, the shares have probably risen. However the most difficult thing is to knowiwhen to sell. You have various yard sticks indicating buying a share such as PE ratios etc. It is all good fun and if you get it right 51% of the time you should make money. GLA

This share is fundamentally over valued. It has a PE ratio of over 80 and an asset value of 50p. I would be a seller and did sell out at about 2.20. I accept that they are a very good sound company but as are a lot of shares at the moment, they are too frothy for me. GLA

I am out at a £1. it still worries the amount of intangible assets and debt on the balance sheet. I would have prferred if the debt had been paid down as opposed to buying back shares. Only my opinion.

The 75k shown as an unknown was a buy by myself. This is grossly undervalued and worth holdimng for the dividends themselves.

The market never fails to amaze me. We hit 88p earlier in the year without any concrete bid rumours. We now have one and the price is only 80p. I am totally confused, can someone please enlighten me.

I sold my holding and would look to get back in for the yield alone. However on fundamentals the PE ratio is very demanding and this slightly puts me off. GLA.

I have found the only way to make money in the stock market is to go against the so called experts. This has proved successful for me over the years. DYO research, stick to fundamentals such as PE ratios etc. Only buy companies with a sound Balance Sheet. Buy when all of the experts say sell and vice versa. That is the mantra of Warren Buffet and he hasn't done too badly has he? GLA

I have been in here for many many years and invested because, I thought, it had great potential. After round and round of share dilution we seem to be no more forward than then. The BOD in all those years have been, IMO, very incompetent to say the least. We had many false dawns, but as an investment, I have written it off years ago. Such a shame. GLA

You should not be allowed to sell shares that you do not owm. Apparently it is outlawed in Germany. If you want to gamble against price movements then use the good old fashioned method of call an put options, if they now exist. Since Thatcher opened the city prices tend to be driven by manipulaters and by sentiment. When I started investing about 60 years ago, you judged shares on fundamentals. IMO we have come a l.ong way in detrimental fashio.

I have exited my position here, probably too early. Although LG has a healthy yield, it has a very demaning PE ratio of 88. The whole market, IMO, is looking very over valued with ridiculous PE ratios. Beware it is due a very sharp correction. I am liquidating and getting into cash. GLA

Tomco had great potential. I feel that its lack of success is down to the ineptitude of its management. Where has all of the money gone as until actually "happens" its overheads should be miniscule. Or am I being too harsh?

I for one am not in favour of share buybacks. If you work through the accountancy implications you will probably only get some advantage if the shares are bought for cancellation. If the shares are just bought and put in "treasury" for future distribution as executive bonuses etc then there would appear no advantage as you have not reduced the number of issued shares. The only advantage to the company is a reduction in the sum paid for future dividends.

Pogo can we just stick to matters relating to the ITV share. Thank you.

Let us hope that you are right although the dividend will almost certainly be cut if profits this year fail to improve. Last year the dividend was NOT covered by earnings. It earnt 6.2p per share and paid out 9.46p per share. Long term this is obviously not sustainable. IMO this year's profits will not be significantly higher than last year. What is not helping, is the great increase of former buy to let properties coming onto the market, from disillusioned landlords. GLA

Can find no mention of this 10% levy on companies for dividends paid. Dividends are normally paid if there are sufficient reserves in the company from which to pay them. Individuals who receive them, after taking off thier annual allowance, are taxed at 8.75&. If you are a higher rate taxpayer then a higher rate of 33.75% applies. Happy to be proved wrong.

It is all very well making housebuilding targets and building more homes if tyhere are people able and willing to buy them. At the moment the market seems pretty dead and I dont see it improving for some time. This is why IMO building companies shares such as TW are not worth more.

At present the future of the Wood Group is undecided. Hence the share suspension. Would we all not be better waiting for any positive news from the company, insteatd of indulging in these inane postings. GLA