Member Info for shal1000

Dashboom I see it differently as if they said they are certain when they are not is worse, better to be cautious what might happen but at the same time giving an update is better than no update, that would be far more worrying.

Secondly, if its not on AIM doesnt mean wipeout of shares, your shares are still there but will have to be sold on OTC with very little liquidity so sell and buy prices would be extreme causing very little transactions to occur as it wont benefit anyone.

Glad they put out an RNS, still two weeks to go to find a NOMAD, Some AIMs dont ever bother with any RNS, at least its a start, so some confidence restored, Glad they pointed out about trolls trying to sabotage things.

I like to join also any pub any city any thursday / friday in forthcoming weeks!

Yes, this is also my third if you class cineworld as AIM. Never ever again.

Is there something new in this post or we now just repeating ourselves?

Id be happy if a takeover happens, imagine thats the reason for the adviser walking away as their views may not align with boards for a takeover approach or a potential deal that may be in the offering and the adviser/broker getting a bad return from it

Hope it opens to 5 quid

let's face jumbo just talks bull****

Hi Jumbo

I am still trying to understand your logic here. So its currently 176p at time off writing and has been hovering between 175p-177p this week, so very low volatility in share price movement. A drop to 160s indicates a drop between 4% to 10%. Please answer these following questions (just to let you know I am an actuary so my understanding of how an insurer operates is very good).

1. Why is DLG more exposed to a fall than any other UK stock, are you expecting the whole UK market to fall between 4% and 10%?

2. DLG has a very small portfolio in equities (less than 1%), so I cant see its coverage ratio on SII being affected by changes in stock market, please enlighten me if it does.

3. All the rest of their portfolio is made of short term debt instruments and cash equivalent assets (and very small property portfolio), these are usually well hedged for any changes in interest rates, again please explain why this wouldn't be the case.

4. Any debt it has, is from the UK money markets, why would change in US Fed rates effect it more than the change that BOE will announce tomorrow afternoon?

5. How does DLG exposed to financial and economic conditions of the USA, its selling its products to the UK market only, so not exposed to currency, imports/exports demands etc, unlike most of FTSE like BP, Shell, Astazenca, BAT, Anglo Am, GSK, Barclays, ...... Again any indication where UK economy is going as announced by Andrew Bailey tomorrow afternoon will have more of an impact, if it fall from 12pm tomorrow its because of that not Fed cuts. Fed's cut will have minimal impact on DLG first thing tomorrow morning, nowhere near 4%-10% drop.

6. We have never been in a environment for 16 years to know what impact a Fed cut has on DLG, please can you let me know what the impact was on DLG when a previous Fed cut was announced?

7.DLG doesn't even have a direct competitor except admiral, all the other insurer like Aviva are skewed toward life insurance etc, whose cover ratio can be impacted by changes in interest rates, stock markets, FX rates if not well hedged. Are you expecting Admiral to also drop for the same amount, if not then why single out DLG?

8. DLG profits are more impacted how well they have priced, underwritten, handle claims and minimised risk, amount of profit margin when setting premiums, goodwill (hence lapse rates and returning customers), it's Green Flag business, etc. These do not have direct exposure to Fed cuts and will be very minimal. please explain why otherwise?

9. Reading you other post except when DLG announced the results, you sound like a shorter, trying to scare other investors etc. This isnt a US tech stock like NVIDIA where future yield outlooks can effect the discounting of share prices by a lot, please explain yourself why we will get a 4-10% drop tomorrow morning?

Bottom line, if any impact we see tomorrow will be because of comments delivered by Andrew Bailey after lunch and not in the morning due to Fed rate

Their aim is cpi to be below 2% not RPI. But agree, hope both BOE and FED do not too many drastic cuts, I think 4% should be absolute limit going forwards, everyone took much advantage of free money and pile d on unmanageable debts. There is moral aspect as well that people and government should be more respinsibel how they manage finances

Im more interested in what BOE does, Fed cuts matter to S stocks or those with international exposure, DLG isnt exposed to US rates. Hence unlikely to drop to 1.60, it all depends on Bailey's accompanying press conference and likelihood of recession etc.

But is it dropping from 336p to 321p in just 2 hours, especially when analysts now predicting 475p target

Now it's about to recover, what is the realistic potential share price. Given in their last accounts the NAV is 152m, that equates share price of 4p, you reckon we can achieve this by end of the year?

I topped up at 0.45p, so I now have exactly 1m shares and average of 1.15p to break even. I think when it hits 1.5p I will take out 900k shares and leaves 100k as it will be a free punt

My first transaction was 2.88p averaged down now to 1.20p. I would be happy if this gets to 3p, 50p would be amazing a life changing amount lol

My average is 84p, but with all the divs paid over last 2 years im sure i am in profit. I like to bow out when it hits £1 giving a 20% return on capital, ignoring income

Was gonna top up by another 250 quid, but HL keeps on saying unable to retrieve live quote

You realise how stupid broker ratings are when JPM raises target price to 54p when its already over 55p.

Further to the announcement on 8 February 2024, Woodbois Ltd (AIM: WBI), a leading company in the international timber industry, now expects to publish its audited financial statements for the year ended 31 December 2023 during the month of June, having been delayed due to auditors' seasonal workload and because of a primary internal focus on the reorganisation and streamlining of operations and personnel.

My gme and bb are flying today. Hope ocado flies as well and just go mental to 800p