Member Info for selecta6

Hi 3300.
Glad to bring some mirth to you on a sunday.
Or, any other day of the week.
Partly what these boards are for, IMO.

Now for the bad news,...... for you.................
I still have a holding in AML!!
Just like Rox, surely i can't get it wrong every time.!!!

My pleasure Rox.
Looking forward to the banter with you.

Plus, i reckon that even you have to get it right some-time!!
I got in at the old 16p, (struth that's now £2.40 just to break-even).
So, obviously i know exactly what i'm doing!!

In case you need some re-assurance that i'm sharp as a pin and on the ball......

Yes, i do still hold a very small number of the IPO shares at a cost of £1.85 (old money).
So, only need £27.75 to break even on those!!!
Should manage that by crymbo.

Sock it to 'em Saga.

Mushkid,
Yes, understood. didn't realise/forgotten property was abroad. That does change the dynamics.
Good luck to you. Make sure you hold onto as many shares as you can.

Hi Elise.
The brokers will not lend against shares, but will introduce you firms that will.
Banks used to have trust companies that specialised in this type of lending, but not sure that they do, nowadays.
I borrowed 25 years ago, at market rate, from HSBC (Midland then), against my RR shares and also a life policy.
They advanced 100% of life policy, and 80% of shares value.
I guess back then RR was seen as a rock solid British institution. Wouldn't be nowadays!!
GGP probably more valuable than RR now!!!

Brilliant Rox.
I wouldn't expect anything different.
So, now we are in for a roller coaster over at Saga.
That share is so well named!!
I've popped a wealth warning up on Saga, now you've arrived.
Agree, it's got so monotonous here though.
See you on saga.

Hi Mushkid,
May i offer some thoughts for you, in connection with proposed house purchase.

In my view, house prices will fall away next year. We have the mother of all recessions approaching post covid. Gov't is running out of ammo to keep the economy tottering along. Unemployment will increase, company failure will increase.
Property market bound to suffer.

GGP is sat on a golden nest-egg. Share price is very under valued currently, and will multi-bag over next couple of years.

So, your property timing, imo, is very unfortunate.
Why not rent, for a time? Much as it is against my better judgement, i sold my property in June (had to due to relationship split), and I am currently renting, for a year or so.
Waiving of stamp duty is temporary and is also propping up the market.
If you must purchase, why not borrow against your shares? I've no idea how many you have, but brokers will be able to introduce you to some-one who can advance against your shares.

Just some thoughts, for you.

You heard it here first.
Whilst we all undertake very detailed research before committing to any investment.
Then we check it, again and again.
The one thing that we cannot account for is.....................

An incoming investment by Roxbury House....
He is notorious upon the Aston Martin site for many investments that have totally controlled the SP there....
Always downwards!!!!!

I have it on the strongest most reliable evidence, the horse's mouth itself that......
Rox finally took the plunge in here, on Friday....

So, the writing is on the wall, now.

You have been warned.

Apologies for cross thread.
But, Rox and me got history here!!
I'm still in here, big time. But more excitement to be had elsewhere.

Like Saga!
You jumped in, eventually then Rox. I note at the highest it's been for 3 weeks!!
You'll be fine there. As you know the returning main man, Uncle Roger is in big time (26% of company directly) at average of £2.30 (18p old money).
This time next year Roxbury......

Yep, understood.
I'm sure that they serve a very good purpose, but mainly for II's.
Bit naffed off with my situation, since due to RI, i agree with you, that it will open lower on Monday, all other things being equal.
I'll mail LSE, and see what they've got to say for themselves.

@Poleaxe & soul.
Thanks to both for your replies.
I understand the uncrossing price, and closing auctions aspect.
But, what is the point of it? No-one can take advantage of it? Much may/can/will happen over the weekend, and the opening price can easily be different?
So, why bother with it?

Hi Poleaxe,

Firstly, i've just waded through all today's posts!
Thank you for your superhuman effort and polite patience in explaining the RI situation on many occasions.
I would have given up, after 3 attempts!!

The archaic aspect of record date and Ex/Cum rights dates, just adds significant confusion for many PI's.
About time we scrapped record date, since very few now hold certificates.

That said..... I have a small direct holding with RR of 675 shares, which stems from IPO, all those years ago. Yes, i know i should have sold at £12, 5 years ago!
Plus i have a further holding of 6375 shares, through a broker.
So, in theory, i should get the notifications from RR for the small holding (via email), and have my broker attend to back office work on the larger holding!!

Now for the advice, i require.
I placed a limit sell order with LSE this morning at 241.5p. Trading almost got there, but not quite, it was agonisingly close.
However, closing price is shown at 243.7p!! My sell order has not been completed.

So;
i). Why hasn't it?
ii). What is share price expected to do, first thing on Monday?
iii). Given no-one is available at LSE until Monday, what questions should i be asking them?

Any advice, gratefully received.

Again, thanks for your efforts Poleaxe.

Yep, on your wavelength Rox.
I still have my AML, but it's all very staid there now. Long, long recovery to be had, i think.
Still read the board on AML.
Saw you were all in on AA. That one has passed me by.
Not sure how long Saga (a very well named company!!!) will take to recover.
You may well make good at AA, and then switch here.
Hope all ok with you.

Did you ever see that terrific framed cartoon in the secretary's office.
About the guys in zigzag suits playing through the old dear's 4ball.
Classic picture.
And yes, a terrific golf course.

Well worth 15 mins of any-one's time.
Very informative history and current day.
Shame that AML refused to comment upon current and future situation.

Hi Tig,
Off 9 at Liphook, eh.
I used to do the audit of the books there, 40 years ago.
I was there when they had the prisoner break-out from the van en-route to Albany prison on Isle of Wight.
Nice course.

Hello Rox.
Fancy bumping into you here.
I'm already in here. Used some of my money i previously had earmarked for AML.
Long, long story, but i still hold a very very small amount of the float shares (cost £1.85 old money!!.) Struth, it's still below that, new money!!!
So, i bought at 15.75p old money (£2.36 new!!), so it needs to double for me to break even.
Do i think it will, yes........
Whilst i didn't take the RI, effectively i did. I bought on open market cheaper!!
I don't believe there will be an AML. like shafting here.
Uncle Roger, who made millions flogging this off in 2004, has just re-appeared.
SP is still settling back down following RI and then consol.
I wish i were you, and viewing it now.
I'll be ok here, post covid. So, you should do very well.
As always, all IMHO.
I know you are missing the buzz, so come on in.

Thanks for the tip, zac0. I'm well old in the tooth, and am very cynical when it comes to any advice on any subject.
A stance that has heightened over the years!!

Whilst i can't profess to avoid some real pups, largely I've been able to keep my head above water, and am pleased to be only 5% down this year, however I do have 2 (so far) big winners.

I just get tired of all the unnecessary tripe posted on these boards, so felt i needed to comment on the up-lifting posts by jackdawsson and trading places.

Your losses will ease, and in time with careful, astute management you may well get back to blue.

Good luck to you.

Agreed, good news.
Bit, of an acorn. And we all know what an acorn grows into.
Just need the studio's to start to release the new films now.
They are just as desperate to get them into the cinema's as the cinema's are to welcome them in.

Thank you, to both of you Gentlemen.

How refreshing to read both, Jackdawsson and Tradingplaces69, recent posts.

I've dabbled around with stocks. in a very amateur and financially modest manner, for many years.
Due to circumstances i won't bore you with, I now have some serious money to handle.
Found LSE and thought, ooh a share chat board, that will be helpful.
Whilst it can be, it's incredibly dis-appointing to also suffer from all the nonsense on here. Sadly, it drowns out the sage, helpful and sensible comments upon here.

Reading your posts, reminds me that there are decent folks on here.

So, many thanks again.

Yep, agreed. You won't need to stump up before 30th.
Check with your broker though, to avoid any potential difficulty.

Come on then Eddie,
Money where your mouth is.
3 days, before the agreed date of sale between Eura and the eventual purchaser:

I will buy all your Eura shares for 50p.