Member Info for Savage_KeyboardR

Robleo - Nonsense I say!

Avocet123 - My Average is 67p - why would I sell on a 2.5p drop? and why would I be fuming about that... what you say makes no sense padawan.

I'm more than happy gradually accumulating here... precisely as I said I was going to do from very moment I sold off my BT investments (banked the cash). I've been content drip feeding to buy up tranches of VOD (also been buying other select stocks) on SP dips. To me it was obvious back in Autumn24 the UK Macroeconomic situation was going to cast a shadow over markets for a sustained time period, and I'm taking advantage of that situation... the cash is currently earning me a decent rate in meantime (plus I'm adding to it) -and I'm accumulating in stocks I plan to hold for the mid-term, for healthy profits🤞

Sure, LTH's like yourself avocet123 might well be suffering... fear not, as if you'd like to sell off some your VOD stock then I'll gladly take them off your hands... All in the pursuit of making me some profits down the line in due course. Perhaps our good Chancellor may even net a slice of the cake? - For the greater good!

I'm counting on it! 👍

PBNB figs out from ONS on Friday too - so I don't rule out further market wide drops on that news when it lands too.

Gerry557, you said: "So if you have bought shares at 264p why would you sell them for less days later. I can see instant profit currently in selling the rights issue shares but to get them you have more originals that will suffer even more. So any instant profit will be offset from paper losses in the others. That doesn't make much sense."

Completely agree any seller would have to accept losses on their original shares. However, many trading will see opportunity with selling a proportion of their holdings for ~450p and then simply buying them back again as SP inevitably drops (because others will do the same and because the underwriters are yet to unload their ~7% of RI shares onto the market).

Probability wise the odds are staked against the SP rising - as they're stacked significantly towards it falling... so many will make their move in a manner to take advantage of this. It's common post RI too, so many will be well aware of that.

Also must be caveated that on an open market, anything can happen of course. I don't know with 100% certainty, as there's so many factors it's impossibly to know for certain what will happen. I am just merely saying that the probability is currently tilted in favour of a significant sell off and drop to the SP.

All IMO of course - DYOR.

Heading sub 490p IMO - DYOR

Market Cap now just ~£226Mil... looking a rather weak & vulnerable stock this... with CPI having stated a high % single digit revenue fall is on the way in those Full Year Results upcoming, due for release in early March.

Difficult to fathom how those results are going to help the SP here, some may worry about what's happened since 31st Dec (as FY results only report up to that date).

Longtimeinvestor - Good Q... I'd consider buying back into BT - though not until it drops to at least sub 130p

Well... For anyone who purchased RI stock at 264p they can (if quick) sell those shares for ~450p...

When you stop to think about it 🤔for just one moment... it's kind of a no brainer! Hence why I previously explained on here this stock will likely plummet rapidly; as everyone rushes for the exit, to cash in.

It's why the RI shares are always offered with a discount price... the effect of issuing so many shares into circulation causes the SP to plummet, and with the vast majority of RI's it's the case the SP drops to or even a little below RI offer price.

Then there's the share sell offs, by the underwriters, which goes on for months long after the RI has completed and ensures the price remains depressed (until they've all been sold off). Recovery post RI can take a long while but does vary from stock to stock.

All IMO - DYOR.

Huge volume of new shares issued by this RI... 185.9 million new shares in total.

93% take-up equates to 172.1 million shares having been added to existing investors accounts today.

Those remaining shares underwritten, 13.7 million shares, will no doubt be drip fed onto the market in due course by the underwriters. Typically this is done gradually, to help underwriters with collecting the best possible bounty for the sale of those shares they now own.

IMO PNN SP will keep on falling in due course as both holders and underwriters unload onto the market.

NigeCo - Depends if from your POV you determine being a tuppence ha'penny down as equivalent to 'underwater' or not.

For me personally I don't - as I said... because I'm still accumulating more VOD.

Macy - why would I sell to rebuild when I'm a relatively new investor over here with an average holding of 67p?...

For me it doesn't make any sense at all to sell out for re-buying... at the prices I'm into VOD for that is...

Sure for others it might make sense but my strategy here is accumulating and IMO anything I buy for below 70p is going to payout nicely for me down the line, so I simply want to buy as much as I can here and I'm little worried about 1-4p either side 👌😎

I'm reckoning so... waiting for that and possibly a little lower before making my next buys 👌😎

I'm not invested in BT fleccy, so where its SP moves matters not to me 👌

Primetime51 - VOD going to plan for me so far thanks, 👌 - still accumulating over there so current prices are ideal & I had anticipated them. Buying up a large holding with £ cost averaging 😎

There she goes... I did tell thee... further to fall yet!

UK Unemployment figs out tomorrow - might drag FTSE stocks down a little further tomorrow. Any VOD shares bought in the 60-70p range will (mid-long term) end up being amazing value buys IMO.

End of Ukraine war in manner currently being proposed by Trump helps one person only & that's Putin...

Back Ukraine & find the path to oust that pesky Russian Mafia Boss named 'Vlad Putin' I say!

TerryM1: "The RI will not change the price much now, it is all over"

What a complete load of nonsense. Demonstrates nicely you've no clue how RI's can play out.

It's far from 'all over'.

Sub £4 easily.

63.6p - a turbulent & challenging week ahead IMO...

Fortune ahead for those willing to be brave though👍