Member Info for RickEngland

Think about this. This is not the communist Russian bear in USSR days. The Russian people like money, they're used to money and many are heavily invested in their own futures. They will not be happy with thier own leader, so putin will know he has a short window to play silly buggers. Then retreat and slap himself on the back what a glorious leader he is. Saying something like "that was a warning, if you try miss with me". The west are not sending in troops, both Boris and Biden already confirmed that. So they know damn well, this is not serious global war as they want the media to sell it. They too are playing the glorious leader card. The world needs Russian resources 90% I heard, unless they want to pay x20 prices. Not going to happen. I've had a long hard think, if it dips under 200 again getting more. Then will take 40% return, div paid every quarter for life. I'm done with "morals" was labelled a bigot and ****** for voting Brexit for 10 whole years. Add in white privilege and I'm even more keen on sucking up opportunities even if some are suffering. That's the harsh reality of life, sod um all.. enrich yourself.

The 50 cent div record date is 11th march 2022 payment 30th March. No one has missed the div yet. Normally takes 2 to 3 days to be on the register.

This is time for the brave, when the rainbow keyboard warriors are wetting themselves over media fear. Clever move pushing out the div, means any politcal leader holders can't sanction. Not that they would sanction a London based fste company. Its a British company operating in Russia bla blah.

I bought 500 yesterday at 170's so well happy with 50 cent div. What's that about 38p in British buttons. Damn I should've been a trader for some big bank. Right do I got more today? Haha. This is mortgage clearing opportunity.

Rich

On the plus side with £2bn buyback, lloyds can buy 400m more shares at today's price versus yesterday price.

Is Putin a Lloyds share holder haha

All it takes is the commencement of 0.5p dividend a share and it switches into an income stock. Appetite will flood back.

Didn't like this share at £3.00 but in a little early at 86.37p this morning. Seems so low now, I broke my own research rules and just went for it. However I will be digging into the accounts now. Even if they make just £100k a year margin that's x10 on earnings, seems reasonable. Anyone got some headline numbers?

If my maths are good will top up again after payday.

I keep watching THG as a punt, but not touching that unless it goes to 50p. Too many question marks with thst firm, and low margins. Boohoo is the better deal I think.

Rich.

Sure lots of hurdles to jump over. Court case first. Even if that is agreed, then need all rights taken up. The lower the share price falls, greater the dilution. I agree heading to 0.5p. I might take a punt at that level. Or wait tilll the end game plays out, revalue what's left from the carnage and scraps. If yhe Court case isn't approved, then it's all over.

Doing some calcs on this. So current market cap is £12.8m Amigo want to raise £94m for redress and £15m for ongoing capital.

So the £94m is gone from an investor point of view. That leaves £15m assuming investors are willing to cough up all this cash. The share price is then still too high for risk involved. Market cap needs to drop to at least £5m or under to consider a risky punt.

I got out of this mess last year but still interested in the end game. The CFO has walked, what liability is he trying to avoid? Not good.

If you dont give a flying f. You obviously lack the knowledge to value a firm and simply buying in complete darkness. "Investing" isn't throwing £10k on red and hoping for the best. Haha You're money I guess.

Where's the profit to justify that market cap?
Assuming revenue doubles, what is the profit then?

Unless there's decent profit all the firm is doing is flirting with risk with little reward. They need more profit to offset potential risk. There's a lot of incoming risks with inflationary pressures.

I'm stunned actually the share price was ever £7. I think the firm has potential when the share price reflects reality. Say 50p a share. Happy to wait and watch.

Inflation is great, we all get paid more. Inflation burns away at debt, anyone with ten years of mortgage under their belt will be smiling. Even if house prices are overflated, inflation basically helps justify those values. Enjoy the ride.

Wouldn't be too concerned in the UK, as Germany are tied to the euro. Most people in the UK would've noticed and experienced the growing gap between incomes and costs for about 10 years. Basically people have still got by with lower salaries, mainly due to shockingly low interest rates.

The tide is turning though, no longer can the central Bank or gov manipulate reported inflation. So in return we're now seeing salaries increase to account for inflation (finally). Let's face it even if mortgage rates went to 3%, that's still less than half what it was in 90's. Borrowing is still incredibly cheap, which will continue to fuel house prices. I was actually stunned looking at rightmove and ticking the STC box , so many reasonably sized houses changing hands for £800k to £1m. Most will have decent deposits, much of that risk sits with homeowners. If up sizing with £300k or more towards your next home, even if there was a house price drop , most of that risk doesn't sit with the bank. I think we're going to see good 5 years of growing salaries and GDP, we're only just entering the up cycle. Not to mention billions saved during the covid crisis, all that liquidity is great for everyone, especially banks.

Rick.

The shareholders that paid £7.

I've been watching this share since it listed. It's still not hitting operating profit anywhere close to justify the £2bn market cap. They can have 100 billion revenue for all I care, if this can't translate into decent profit, I'm still not interested. What's more worrying is the margins are so small any increase in costs or slip in management control, will wipe out any profit they do make.

I'll keep watching until Mcap is more relatable to margin.

Same, bought 5000 shares as a little punt few hours ago.

I was in at 65.38 in Aug hoping it would steam back up to £1. But it didn't go anywhere so I got out roughly even. In hindsight a wise move considering the price now.

I think the Matrix was telling me a £440m market cap is a somewhat silly. Sure they have debt, sure they got a court case, (they should win on appeal). Although they're open and selling tickets and popcorn, that will do for me.

Rick.

I need a little rant. This is why I wouldn't invest in Tesco for my portfolio.

Tesco have increasingly switched to deals only with clubcard. Yet they arrogantly assume people walk around with a clubcard 24/7. What about the clubcard app you might say; well the app "demands" a high level security password with special characters, almost impossible to remember and it loves to log-out (that's if you have your phone glued to you). This is at the same time as paying contactless, soon to be lifted to £100. So it's utter madness to need such strong passwords.

I pop in tesco for some smokes, which usually turns into buying an arm full of snacks, yet I'm increasingly walking out with "nothing". What's worse for Tesco is I'm constantly noticing the "clubcard or fine" deals are the least moving off the shelves. Why? Because people don't like to be fined for not having the damn card with them.

I wanted a pasty as a late night snack tonight, £1 with clubcard, £1.50 without. 50% fine for not having the points card. What did I do? Storm out the shop frustrated annoyed and angry with the bod.

If they're banking on people paying elevated (fine) price, they might get away with short-term. But I'm pretty sure they're really upset customers. They will know what Tesco are doing to them.

So, I'll be steering clear of this stock like the plague. The co-op is open to 11pm too were I live, maybe it's time
to switch completely. Good luck though.

Rick.

Actually looking at my list of dealings. I bought 9500 at 23.98p on 21/09/20

To be fair, when you fill in the tax return online. You pump in the numbers and it calculates the tax for you.

Oh ok £2k. Well for me it's a struggle to try and save £20k a year to utilise the full ISA allowance. I guess GGT is only an issue if you have lorry loads of cash to squirrel away in shares. Good luck to those that do, we all pay enough tax as it is, so if you can avoid it.. go for it.

I hold most of my lloyds in an Lloyds ISA dealing account, so I don't worry about CGT or div tax. You can earn £500 in divs though without having to declare it in a non ISA standard trading account. I actually use an ISA "more" so I don't have to tell the HMRC about my finances, nosey b****ards. Already paid tons of income tax already to get the money in the first place.