Member Info for seattle

Thanks for the compliment of reading my posts over the years .Unlike you I do post on other companies . I am not sure what the relevance of quoting Sir John Betjeman , but I do have a copy of Continual Dew in my library. It was published by John Murray and their previous Poet Laureate was Lord Byron. Interesting as you call yourself Royal Banker that Byron,Betjeman and John Murray all banked with Coutts .
Regarding your other comments they are all nonsense .
I look forward to tomorrow’s trading.

Dear Aladdinsane, thank you for your supportive post. It is disappointing that ChipMan is so discombobulated by rudimentary Stock Exchange terminology . The recent AEG RNS concerning the Convertibles must have been a complete mystery to him. However his name maybe very apt as he appears to be level headed by having a “chip” on both shoulders . The traditional rationale for a convertible investor is to hold them, keep cutting the coupon ( in AEG’s case 8% pa ) until such time as the dividend on the ordinary shares exceeds the coupon and then convert into ordinary shares . However in AEG’s case the large CUL holders were also holders of the equity . Hence being both a CUL holder and equity holder myself I decided along with the other larger holders that it was in the best interest of AEG’s future for them all to be converted in one go. Credit to the BOD for executing this .

I was wrong yesterday about the 1p being broken but it took a 30m sale to do it . I am aware that one or two of the CULS holders were income funds . Therefore to stay within their remit they needed to sell to reinvest into another CUL etc. It would have been better to place this 1% stake with another institution but it easier to dump in the market . In the long run it is history and we move on to the next announcement . Have a good weekend everybody .

If you take the totals on both exchanges they add up to 49m shares traded today ., so it is good news you dropped your broker if you want to trade in future .

I think 10p is a base , only my opinion . If it really breaks that I fear the weak shareholders will throw in the towel. I did sell enough a few days ago just to cover my 5p in price. The rest is now a long term hold.

This 1p is a test. In my opinion the big new shareholders will hold this price . So even though it is a miserable trading day in the market I expect the price to go back to last nights close.

Wise words Galactio . If you read the latest shareholder letter from the daddy of investment gurus Warren Buffett ( available Google etc ) you will read the same sentiments towards investing . I met him 21 years ago with 400 others at a lunch in London, sadly I only owned one share ( and still do ) Best of luck guys

Another thought the budget in my opinion was the best I have heard in 40 years. The “Goldman Sachs” idea of how to run an economy shines through , I particularly liked his line “ we are going long “ a stock exchange expression if I have ever heard one . His thoughts on green investment will help too.

I have taken up my share entitlement . I went in years ago because the Irish guys were there , they don’t invest to loose . Best budget I have ever heard in 40 years the Goldman way of running a strong economy shines through . I liked his line “We are going long “ a stock exchange line if ever I have heard one .

Remember Mae West said ( probably ) about both men and money “ too much of a good thing Is wonderful “
Prospects are good here , so put the shares in the bottom draw metaphorically and look again in a years time.

Don’t be daft . Lombard Odier came in with a £4.8m placing at 1p. Knowing how institutions think ( having been one once ) unless they thought it could go to 3p within xx months they wouldn’t have invested.

Hi , if you look on the ADVFN site the last trade announced at 5.26pm was for no less than 18.6m shares at middle price 1.15p . That is £279,000 that has to be an institution buy absorbing the weak shareholder sales during the day .

I understand he is a Ukrainian billionaire .

I will buy a few more on Monday . I read yesterday that the management have told their pilots not to take leave from June onwards because they think they will be flying again soon afterwards . My guess is Boris will announce tomorrow that schools and tennis/golf will open in March , shops the following month and then restaurants/pubs late May

Hi ,I am with ii.co.U.K. and haven’t heard anything yet . One of the main reasons I invested here a few years ago was because of the shareholders with very deep pockets ( the ones that have underwritten this deal .) Who knows Boris might give a date for opening up soon . My bet is schools and golf/ tennis in March , shops in April and June for restaurants and pubs .

Probably confirming all the resolutions have been passed , Companies always do this after any shareholder meeting ,

General Meeting at 10am today so expect a confirming RNS by about lunchtime . This improves the balance sheet by £25m . Well done BOD

GM tomorrow , no doubt all the resolutions will be passed , so next week we can look forward to announcements about who are new significant shareholders are . ESG investing gaining momentum around the World and AEG is just a minnow but with huge potential.

Interesting buys at the end of play today should mode well for tomorrow’s opening .

Interesting situation in Texas today . Minus 20 degrees. Wind turbines frozen and don’t work ( usually 23% of Texas energy needs ) solar obviously doesn’t work , hence existing power stations prices for electricity up 300% on a day to day basis . Good news for AEG.’s future as this will happen every year .