Member Info for rylidan

It may look oversold right now, but I'm waiting just in case this us a dead cat bounce. Been stung too many times before. Of course I've also missed out by not taking a risk. I guess it's how you view the risk / reward split.

Yes, always good to have a decent credit facility when you're expanding. Makes a huge difference.

Almost bought in last week. So glad I held off, but will monitor how far this falls and wait for a stable position. Always the possibility I'll miss a bargain though.

GLA looks like its finally going to kick off. Been a long long wait (or so it seems!)

Looking at the cash pot return this year, and factoring in the 300m buy back, I calculate the yield for 2023 as around 7.95%. £915m returned on an MCAP of £11.5b. At share price around £4.20

Shorters and their broker mates causing panic. Buying opportunity AGAIN!!

Assuming they keep a dual listing there should be no impact, except a wider trading market. If they don't you'll need to complete a form to avoid tax in a SIPP / ISA (easy with the two brokers I'm with), and currency charges if they move to dollars.

Should I sell some before XD day? Sometimes we fall quite a bit more than the divi, but the share price already seems a bargain. I'm sure others take that approach from time to time. Will probably just hold as will need to beat the stamp duty as well as the divi.

Quite, and how many simply buy a large block and don't add or reduce on good / bad times. Much of my profit comes from occasional trading.

Not to mention the £207k of dividend payments saved yesterday!!

Blown up out of all proportion IMO. BoE states UK banks are fine. We're not even a bank! Yet here we sit around £4.13. On the plus side hopefully Citi are buying lots at this giveaway price.

IF the hedge funds are shorting this, they could hit problems buying back. I guess they've already hit quite a few stops and sucked up those shares. However, I can't see traders who buy in the 4.00 to 4.20 range selling below £4.50. Will they really scare people into selling? Just can't see it. On top of that Aviva have bought back 5.6m shares so far. Will be an interesting week up to XD day.

Practically every single O trade is a buy. You can tell by the trades either side. Yet someone is running automated trading to take the price down. Not just here, but several shares I own have almost identical trading patterns today.

This looks like a systematic attack on UK finance shares using algorithm trading IMO. Ought to be banned but the shorters make too much from actions like this, and have too much power. Looking like an even more unbelievable bargain.

Basically, yes. Trades are measured against the mid point of the ask and the bid to determine if its a buy or sell. The displayed ask and bid is rarely correct compared to trying a dummy buy or sell. Hence trades are frequently incorrectly coded. Anyway for every trade there is a buyer and a seller.

How are you working out more buys than sells? Just because it's coded blue doesn't mean its a buy. So many trades are wrongly coded, it's a worthless metric.

With £300m to be spent over approx 70 trading days, they should be averaging 1m buys per day. More on high volume down days you would hope. Obviously not the case.

Quite surprised only 600k bought yesterday. It seemed like there were plenty of sells for them to mop up and good volume. Could do better IMO

Must admit to being disappointed by progress. I thought we'd be breaking ground late last year. On the plus side the share price is quite firm. Staying still without real progress is a definite plus. Funding and dilution is my only concern, but I'm going to have faith they can pull this off.

GLA

Yeah, same here. Rarely bother looking these days because of a few nutcases. Basically we need peace. Should be good medium to long term.