Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
January inflation 9.4% February 8.1% March 5.3%
Monetary policy Committee meet 10 May.
If they reduce interest rates then the lari will fall.
It's not inevitable that they will reduce interest rates.
But I would say sooner rather than later.
PS reference fx fees HL is expensive and sometimes by far the cheapest.
I noticed that Degiro and trading 212 wanted to charge fx fees on the purchase of BioPharma and riverstone Credit Opportunities. Although they are quoted in $ no actual exchange takes place according to HL so they don't charge fx fees. Also the dividends are paid in $ but at least in the case of Riverstone they will arrange for the option of them being paid in sterling so again no fx fees.
These neobroker are not always competent but with HL you are paying for there competence, a lot in some cases.
If moving an isa to trading 212 then it has to be cash. They don't do in specie. If moving away from 212 the same applies , cash only.
You can only use 95% of your cash to buy shares or you could end up buying to many, they then sell the excess causing you to loose money.
This is most likely to happen when buying illiquid shares. (TENT in my case)
They do lend out shares but you can check to see if they have done so.
Like most if not all neobrokers if you put a limit order in and the price is reached it won't necessarily go through. The excuse is its in a queue?
I use freetrade (not free) HL for sipp as its in drawdown and freetrade don't do drawdown. Freetrade is by no stretch of the imagination all of market.
For the more illiquid I normally use HL but 212 is a decent option if you are willing to wait for your purchase to eventually happen.
HL if you definitely want it to happen now not next week.
14% discount.
No sign of a dividend increase. If its loans are floating rates it will be getting higher rates. As loans come to an end the new rates will be higher.
VSL are all floating rates 10.5% December 21 now 13.8% no increase in dividends yet.
BioPharma has increased its specials significantly.
Riverstone Credit Opportunities has increased its dividend and added a special for the first time.
The market appears to be choosing to ignore the increased lending rates.
Riverstone Credit and rm are also considered to small at 100 million. If they go into wind down there will be a bit of capital gain to boot. Hopefully they won't but it does act as insurance.
Investment Manager's Holding
RMII, which specialises in secured social and environmental infrastructure lending, announces that yesterday RM Capital Markets Limited (the "Investment Manager") acquired 12,500 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at 90 pence per share.
Following the purchase, the Investment Manager's total holding of Ordinary Shares is 1,287,325.
The Company also announces that yesterday Thomas Le Grix De La Salle, Portfolio Manager at RM Funds, acquired 11,004 Ordinary Shares.
God I hate this site at times, you type away then everything disappears and you have to start again.
So here we go again.
Some people maybe selling shares now to take into account the fall in capital gains tax allowance. Better to create a capital gain now rather than next year.
Last year I sold shares throughout the year and bought back in isa.
This year I have sold enough to cover my isa allowance in advance.
I have been watching the 100 and 250 they rising less than I would expect comparing them with US German and French indicies.
So Chid you might be right with some decent moves across across the market as a whole.
Legal and general have a beta of 1.5 over the last 5 years. IE if the market goes up (probably only the 100) 10% legal and general should go up 15%. And obviously vice versa.
As the 100 is near it's peak there present share price doesn't reflect that.
On the other hand the main reason for the rise is oil/gas and miners. So it's possible they could rise (ignoring exdivided day) with out the market as whole rising?
Casa
"first is that as bond values have fallen so bond interests rates have risen , meaning that many DB pension funds are, for the first time in decades solvent or nearly so"
The pension funds who hold gilts and other bonds have see the value of the bonds fall. They will only be able to take advantage of increased yields when the bonds are redeemed and they buy replacements with higher yields. So that will depend on the average redemption dates of the bonds they hold.
LDI resulted in them having to sell bonds at large losses.
Replacing those bonds with higher paying bonds will not cover there losses. Nor will they able to replace them as the bonds they hold are collateral for the loans they had which were used to buy better paying assets.
They appear to be in the ****. For the moment.
I doubt if the latter applies to all of the pension specially the larger ones
Casa
"which for those without access I summarise as saying that the recent actuarial evidence is that life expectancy has fallen and the windfall effect of this may be worth 2% or about £30 billion to the insurance industry (the sooner you die the less pension you get - in brutal terms)"
Life expectancy has not fallen it is rising at a lower rate than what the actuaries had predicted.
Legal and general have been taking advantage of this for at least 4 years probably longer. This year £300 million of profits were from people not living as long as expected.