Member Info for SadAct

R...well done on selling CINE early on, I thought about it but as usual dithered, could have made a nice 10% but didn't. Doh. Well done on the CCL buy too, nice.

T... Shortly you will be able to leave your Tesla on your drive, that should help clear the exit route.....what's that? You haven't got one yet? I am sure V will hire one out to you, although a cone would be just as efficatious and probably uses less power. LOL. A old friend of mine from Aberystwyth was due to come out here in a weeks time to spend a week with me. Because of the Corvid situation he has cancelled...a less likely person to cancel I do not know so it is a sign of the times.

My only trading today was to buy BOO because of the news and sold ASC, tried to buy them back later but they wouldn't get cheap enough for me. I was a smidgen away from selling some NCYT, these wre extra ones I bought about three weeks ago, I even had a limit sale on at 435p but no luck. Rather pleased actually. Only 8 trades this week for me, made about 45% of my target but I have excluded the IAG rights issue which I am not sure how to account for it so I won't bother. Ha.

Have a good weekend all. The Melot here has breathed (can I say that? should it be "has been breathing"?) and is starting to be consumed.

R... Jolly well done that man, weekend pass for you. Here's me thinking that you were a beginner at this malarkey but I think you are doing things right...please tell me what the secret is, I think I used to know but I forgot it. Ha!

T....As ever, I don't know what I would do without your positive optimistic comments..please keep it up.
I agree with what you have said about CINE but I see it as a buying opportunity so I have bought more CINE, oh yes, bought back into ASC at the open at 5180

V...I certainly hope Boris was refering to SNG, I have absolutely shed loads. I read something about a TESLA Battery event where he is announcing the million mile battery that will soon be in his cars. He suggests the average life on a TESLA car is 200K miles so this new battery is going to help resale values. Apparently it is more efficient too.
Jolly well done on your trading. My eye has been off the trading ball lately as I scuplture the wall around my spiral ish staircase with hemp/lime mix.

T... sold ASC today, nice profit that could have been a lot better if I hadn't ignored your range rule yet again. Trouble is, I see a profit and take it usually.

Good luck all for tomorrow.

Good morning Brigadiers.

Wet and dark here too. Cut a friends grass yesterday. She is locked down in Newport area and can't get out here to her cottage.
Sold ASC and BOO.
Good luck all.

R...congratulations on your new role!!

Good morning Brigadiers.

R...forgot to say, well done on your interview although I don't envy you the commute.

V...Yes, good to be back on the PLUS gravy boat, I haven't sold any yet but well done on your profits.

I am being hammered on IAG, think I am stuck in there for the long haul. Over the weekend I decided to take up the rights and also sell the shares....does that sound crazy or what? I only actually sold one of my three tranches so far, hoping for a bit of a bounce before I sell more.
GGP are interesting, I think there is more serious buying to come soon so I have bought even more. NCYT are doing great so feeling OK about my other shares than are tanking!!

Good luck all

To anyone interested in the IAG rights issue, I have now had a further email from IG inviting me to reply with my rights decision. The deadline for this reply is 12pm on Monday 21september whereas ii deadline is 23:59 on Tuesday 22 September. The subscription price is 88p per share. Still not absolutely sure whether I will subscribe or not. Beware, if you decide not to, be careful as I think the rights, if not taken up will lapse with no payment to the rights holder. So if you decide not to take up the rights, do remember to sell the rights before the deadline. Good luck with whatever you decide.
Just also got to mention GGP...wow and hurrah for all us holders. Have a good weekend, I know I will.

V...We probably are already winning with PLUS (that is, divi plus slight capital loss equals a profit) but I am like you in wanting both...the technical term is greed! This is probably why I am still holding DGE since it past ex divi.

T...; Kicking myself that I didn't sell ASC earlier when it was +3%, I was outside doing some proper work. O look it's getting up there again, only 150p movement today but a profit is a profit.

R...Is PLUS getting ready for something? Is it getting ready to disappoint me? Nice to see it above 1500, seems to be being inspired by IGG improvement this week;

Have been giving some thought to back peddling a bit....Pausing day trading and just waiting for my medium term holds to bear fruit. I need a rest from the constant checking prices and examining charts. I tend to sell too early anyway, I guess there is that constant pressure to make my weekly target.Trouble is, it's habit forming. OK during the dark cold days of winter but somehow less acceptable now.
This is probably just friday afternoon talking, don't worry about me!!

T....GGP?? I tried to top slice but lost patience waiting for the fall back and ended up buying back for more than I received! Doh.
I bought more, in fact three new tranches this week. I am not "all in" but "a lot in". Ha.

Have bought more IAG at 113, couldn't resist. I realise that it could be a long time until recovery but am hopeful. I am doing some calculations to make sure I am right in buying all my rights. I no longer think it is obvious. Still, the sun is still shining and Rioja day has arrived, haven't got any so it will have to be Merlot again.

Good morning Brigadiers.

Another sunny day in paradise.
I have just noticed that DART is now refered to as JET2 in my portfolio. Perhaps several companies are due for a name change. IAG could become Dunroamin for example.
I have done 9 trades this week and don't expect to do any more. This week I have only made about 60% of my target but am hoping for much better next week.
Good luck all today

T.... I saw your "discussion" on the IAG chat room, you are a better man than I getting involved with some of these people but well done, mention in dispatches is called for.

I hold some IAG shares with ii and some with IG. I can confirm that I have had a corporate notice from ii and they require my decision by 23:59 on tuesday 22 Sept.
From IG I have had an email telling me that the deadline time and date will be notified to me in a subsequent email. Don't you just love it?

Hope evryone had a good day today, it was too hot here for me to work so I didn't!

T...I guess those few million pound IAG purchases reinforce the "well received" nature of the rights issue. The cutoff date for elections is tue 22 sept so imagine no official statement before 23rd at earliest. MMs will no doubt have an idea before the end of this week so I would expect price movement by friday. In the meantime, the more big buys the better!

Bought some ASC back but paid a little too much. Have bought more AVCT also. Note that NCYT are up 9% today. Considering joining R and buying more GGP

Good morning Brigadiers.

m....profound apologises. An error in my posting about IAG rights issue. There I was trying to make it simpler and I might have confused you. I have 8000 shares so have the rights to buy 12000 more shares at the reduced price of 80 something pence. 3 new shares for 2 existing,
8000 times 3 and divided by 2 is 12000.

Sold last of my ASC, happy.

m...The virus situqtion makes things extraordinary at the moment but I am still in favour of subscribing to the IAG rights issue. I have 8000 IAG shares so will cough up about £6500 of new money. You don't have to do this, there are options. You can sell your rights, this would have the effect of lowering your cost/book price of your existing IAG shares. Some market makers allow you an option to sell some of your shares to meet the cost of the rights. Of course this is something you could do yourself manually as it were. You should receive a "corporate notice" or an email detailing your options. This is all happening now. My portfolio with IG already shows the rights shares as a separate tradeable share holding as well as my original shares. I think you have to make your desicion before 22 sept.
Bare in mind, rights issues increase the number of shares in circulation, everyones holding is diluted, this is reflected in the reduced share price. In theory the number of shares in issue times the share price (i.e. the market capitalisation) does not change at the moment of issue. In practice it does and it has increased slightly in favour of share holders so this rights issue is "well received". A lower share price is more volatile than a higher one in my opinion, this and for other reasons, I am taking up the rights and so I am expecting to make a gain. Please make your own decisions based on wider advice and good luck.

Good morning Brigadiers.

T...Forgot to answer your question: No, I don't have any Tullow, sold out months ago. However, I do have a few HUR which seem to be worth only 40% of what they were worth a week ago.

The virus effect in my region is quite low key, this is a very rural area. Everyone does wear masks in all shops and public places, not like in Devon just before I left. There are a few urban serious outbreaks here, notably Marsaille and Bordeaux which may prompt the government to bring in more stringent measures. I am keeping a low profile for two main reasons, I am old and I am a coward.
I have managed to research extra data for my mobile, an extra 8mB for £4 a month. I think I can afford that. It is raining today for the first time since I arrived. It has been too hot really, 31 degrees yesterday. I am still trying to get the garden back to a certain level of neatness, busy cutting lawn and hedges etc.
Really regret selling 25% of my GGP before the jump last week although I have now bought them back....not my finest hour.
Sold BOO and half my ASC earlier. Also I bought some MRW, I know they are out of favour at the moment but I have always had a soft spot for them....yes, I know, that is the worst possible criteria for investing, well, that and always buying companies starting with the letter M for example.
I haven't traded CCL for a few days, Have two tranches at an average of about 1120 at the moment. Sold out of AVCT last week but have bought back in again at about 2.5% cheaper.
Good luck all and stay safe.

T....Glass half full? No, never, I have you down as a glass two thirds full man.
Have you heard the story of the optimist who falls off a multi-story building?
As he passes each floor he says: "All right so far"