Member Info for Seaangler

The value is what people are willing to pay. Up until the last 15 minutes of trading they were happy with 145 ish. Then something happened. There’s no value disconnect IMO so I’m expecting a bounce tomorrow. Given the current climate you could argue that just about everything is overvalued. Given the likely virus demise over the next months/year , whatever , you could also argue that everything is seriously underpriced. There’s really not much point in either. Tomorrow will be interesting.

Can’t see that. ITM can be a bit volatile but never like this. If there’s no bad news then this is really odd. The SP has been played in the past with a stop loss gathering down often followed by a decent RNS. Have to wait and see but I may be a buyer in the morning. Weird.

Something has happened at about 1615 from what I can see.

End of day. Any clues? Had been pretty stable all day.

Had economy 7 heaters in a barn conversion which I sold a couple of years ago. Lounge had a really high beamed ceiling and god did it get cold in the winter. A bit of warmth in the morning , but a windy cold day would see it freezing by about 6pm. No problem though , just made a pile of £10 notes in a metal container and set light to it. Great supplement . Can’t do it now , you’d choke on the fumes. Keep safe Operastar!

August 7th? Your birthday or something?

Thanks guys. Interesting. There’s no way I won’t stay in ITM , they’ve done me proud (finally) and the best is most certainly still to come. That said I have gradually divested of about 60% over the last 6 months or so and basically spread it around. As the Covid statistics improve so should the market and so should my worth. Time to play a bit safer then probably. We’re not going to bounce back from this in a hurry , not properly anyway. Keep safe and on your guard.

Cheers Bellers. It’s tricky. Most stocks are still way below fair value on a long term basis , indeed I’ve been snapping them up ( albeit a bit too early in most cases ). In my mind they will continue to recover as the virus statistics improve. It’s when the financial implications start to hit home.... jobless , debts , tax increases , recession. The nature of this beast also? Will it bounce back once the rules are relaxed , will it reappear in December whatever happens once the temperature drops. God knows if the world has to go through this again??
I will give it some thought over the weekend. If the markets do continue upwards then it will be profit taking time but like you I will keep a chunk of ITM and maybe a few green dividend payers. Have a ‘good’ Easter and thoughts with those who can’t.

There are quite a few predictions knocking around re major stock market woes yet to come. Any thoughts? I’m considering getting out now that most of my ‘value’ has returned. Maybe everything , maybe selective areas. Any further thoughts? Seems slightly bad taste to talk monies at this time , apologies to anyone offended..... but then you probably wouldn’t be here. Don’t forget 8pm. Keep safe guys.

They need to go for what makes most sense in the long run. Show it can be done , produce a model for the future. All this , maybe not now but when etc. is exactly why the planet is in this mess. Actions now. Pronto. Justification? Schmustification. You can’t count your money under glacial meltwater or when your neighbourhood is on fire. It won’t be worth anything anyway.

Leeroy. It sounds like you need some continence advice. There’s all sorts of products out there for gents. Covid’s effect on me and my holdings has more to do with no.2’s rather than no.1’s ..... apologies for crudeness.

On my to do list too Bilbs. Unfortunately a little spoilt for choice currently.

Had a look TM , many thanks. Looks like there are several of these boys out there. I will look to get in a few, BSIF included. May take a time as I’m hoping for some clear profits on quite a number of holdings once things recover. Looking ahead these healthy dividend payers will offer stability hopefully. Apart from anything else , demand for electricity is going to increase on quite a few fronts , the likes of ITM included. Cheers again , SA.

Cheers TM. Will do exactly that. Same for me. Dog walk 1st thing , a bit over an hour but far from the madding crowd. Tend to miss the most exciting dealing opportunities but hey that’s not something to moan about just at the moment. Amazing how quickly the world can change without cars, people , planes , noise ( wildlife excluded ). Keep aware.

Hope we are all well. Thinking of buying in to NESF next week. Anyone there already?

Bilbs. I’m now picturing you with some low slinky sexy sporty thing from the 60’s? ( car that is , not Mrs.Bilbs or other.....)

Torn stomach muscle Bilbs? Not sure I have any nowadays. Hope you did it laughing. Ditto re the CGT , don’t think it will be too hard to get under the limit. Keep away from the hoi polloi !!

Everyone okay out there?

Sorry to hear that Leeroy. I have a retail interest and we’re pretty close to closing that ( for good ). It’s not a major financial deal for me but a great worry for my employees. I wrote to the council yesterday to see if they have any plans to reconsider rental charges , waiting to hear. It’s our biggest single bill and it’s pretty obvious that a great many businesses will go under unless they do something radical. It will save them bigger losses going forward. Will they do anything? I doubt it..... Good luck with everything , hope you come back on board soon.

True Bilbs. You can’t lose what you haven’t got. The world stops but hopefully the factory kit out goes on? Keep safe.