Member Info for selecta6

I'm a holder of TLW, with an initial purchase at 44p, around 18 months ago, and large further purchase at 18p, around 6 months ago.
Just want to thank all contributors, in last few days, for some very knowledgeable, informative posts.
Been enjoyable and helpful to read.

Just one request, if i may.......
Can you please also write so constructively upon the boards of all the other shares i hold!!!
To drown out the drivel on many of them.

I'm rarely taken to write in such a manner, but the posts here are excellent.
Many thanks to all, once again.

Rox,
Come on, own up.
The word you have the biggest difficulty with is.......
By, bye, buy.
Here's a word of advice.
When folks say bye. They mean cheerio, not bye.
So, you need to walk on by.
Then, if you haven't done the buy, you can't do the sell, and inevitable loss!!
Hope, you've got it now.
so, i'll say bye. Or was it buy!!

Hi Rox,
I've just got back from Aisle Cruising at Tesco's.
Bit tricky getting to the reduced aisle, bit like Saga's difficulty will be getting into foreign waters post Brexit!
Yes, i'm afraid Europe aren't going to make it easy for us!! Could always bribe them with some fish!!

Anyhow, i now realise your dyslexia contributes to your KoD handle.
You read £2.70 as £7.20, and think you've made a fortune, and then sell straight out, having bought at £3.40 or was it £4.30.

Glad you are one of a minority on here, with a supreme sense of humour!

That is one view.
Another is:
Glen has always paid a good dividend, rising through to special dividends prior to cancellation a year ago.
Many have bought the share for the divi, myself included.
So, this paltry re-introduction level does nothing for holders, and does not acknowledge the cancelled divi.
SP will now struggle.

7% discount to get 5% of shares sold.
That's quite a big discount, given the SP is already lagging.
I think HL is at a bit of a crossroads.
Changing of the guard occurring.

Slownsteady.
Mine was a couple of years ago. Large...ish initial purchase. Then a number of small sales and buybacks.
I presented it to HMRC as an averaged transaction for the tax year, with a profit, which on it's own was below the exemption, but over when combined with over share transactions.
They accepted my submission, and happily relieved me of the tax!!!
May not be strictly in accordance with rules and regs, but i think, as i'd done all the calculations, they took it.

Hi Rox (KOD),

Sorry for my tardiness in replying, story of my life.
Basically, i'm in many shares now, and like a masochist have to read all the boards!!
However, they results in me never reading any of them in real time, hence my almost complete lack of posting, since i'm always 'after the event'!!
Anyway, i suspect you've now got more than enough tax advice, so i won't put my oar in.
Just 2 aspects, i've not seen on here, i 'll mention.
1. Your broker (not sure who it is) may provide a tax year end summary, which covers off CGT calculation. Ask them.
2. KISKOD. Which, for the avoidance of doubt, means Keep It Simple, Kiss of Death. Don't over complicate it, CGT is basically simple. Even with multi-trading a share, one can average it.
Anyway, hope you're ok, and now a tax guru!!
I'm sure you'll reply, and i'll read in due course.
Oh, to be back to that enjoyable AML board of a year ago!!

Partly!!
The adr part is American Depositary Receipt.
The way you can trade BP, on the NYSE.
A large MM buys BP and deposits them on the NYSE, for folks to trade over there.
All seems a bit out-dated in this day and age, with instant world-wide financial communication
As regards the strike 22, presumably a concerted buy strike at the stock?
That's my sort of half knowledgeable take on it.
Very happy to be corrected by more astute folks on here.
Hope that helps, a little?

Hi Rox.
Hope all is well with you.
OOH, you've given me a mention in dispatches!!!
I rarely post these days (but do speed read), since my portfolio had widened and i just don't get the time.
I'm always playing catch up by reading later. Always behind the curve, bit like my trading!!
Please don't pop back to AML, been nice little rise since you bailed out!!!! Haha.
I'm not sure exactly what Uncle Rog's intentions are, but i'm not as bullish here as many.
Lockdown relaxation (15th Feb?) leading to eventual cruising restart is the main thing to help here
Hope your portfolio is looking after you.
All the best.

On the good ship Eur. It's listing badly currently.
However, all ship-mates keep their buccaneers....
Under their buccan hat.

Thanks No fear, and for your other informative posts.
Just a note, that you may not be aware of.
You can overcome paywalls by copy and paste into google.
Seems to nullify the wall, and you can read the whole article.
May save you and others in future.

Sell RMM, i believe you mentioned, earlier.
Why?
From here, i think both RMM and EUA will do well.
My feeling is % increase will be higher in RMM. They are on the edge of something very big, having now sorted themselves out.

I think RR is pretty good at dis-crediting itself.
A master class company leading the world, now struggling, as they were well before pandemic.
A succession should develop from within. Grooming taking place for a chairman.
To search outwith, is equivalent of a gov't minister. One week health secretary, next week sports minister.
Before you lambast me further....
I'm a long term sh since flotation. So watched the demise. Much of which has been under current management and board.

So i believe.
Absolutely shocking that a company with the alleged standing of RR, has not got a succession plan for significant roles.
Far smaller companies have this in place.
However, perhaps RR isn't the company it once was.

Agreed Mac and Sakhal.
We all know the deal difficulties in Russia.
Interesting comment Mac. Dmitry knowing the back of his hand.
Surely you're not suggesting bank handers are required to bring this elongated process home!!!
Nudge nudge, wink, wink, nod, nod. Blind horses and all that!!

Great post Sakhal.
You've introduced the vital other factor.
Dealing with the mentality and psychology involved in Russia, is something most on here have zero knowledge of.
Our BoD has some insight, and hopefully our very expensive advisors have experience.
Without doubt, whatever the eventual sale/JV price is, it won't be full value.
They aren't called Russian Oligarchs without knowing how to retain a substantial part of a resource's value, for themselves!!

The temporary (imo) price drop is due to 2 reasons.
1. The probable extension of lockdown restrictions through to the summer, previously assumed spring.
2. Rights became untradeable today. During next week the rights cost is due, and those shares will be converted to fully paid TUI shares. Will be tradeable as such, on 29th.

As, has been stated by others, the re-adjustment for the rights issue has already been factored into the price.

Easier and cheaper for W.
No underwriting, either.
It was a done deal, before any-one was aware.
Aston Martin did a similar deal, about 6 months ago.

The market likes it, up another 5 % today.

Hmmm, interesting times.
1. Understandable, record 3 months takings, Aug to Nov.
2. Have tackled costs aggressively since Nov.
3. Aspirations to grow freehold base.
4. Stronger than competitors, may well lead to increased market share.
5. Placing likely to be big success. Only available 17.30 (19th ) to 06.00 (20th), equates to closed placing = done deal.
6. Placing at 100% of existing share price, leading to 5% increase in SP, yesterday.

As illogical as it sounds, being shut and zero income can actually be successful!!!
Hmmmm, interesting times indeed!!!

Up on 2020!!!
I'd bxxxxy well hope so.
Plus, most are cancellations from 2020!!!
Things are improving, but zilch use comparing with last year.