Member Info for SharetrackerA

The recently declared shorters, Blackrock, were also sizeable shareholders as of 31st July.

That's not to say they still hold any shares, but potential they might be shorting and holding long term at the same time.

There were lots of shares acquired yesterday and someone clearly trying to load up without letting it rise with the buys.

Yesterday had too much well organised volume for me to worry about it slipping back a bit, I'll be holding and topping up further if it drops back.

IMO it could still be a very professional and sneaky not showing of hand to switch the approach each day with buys.

Astounds me there are even this many shares available to mop up at the price it's capped at.

If it is a takeover or large increase in holding got to hand it to whoever is doing it they're doing it well.

Seeing the spike and hold, I've more than doubled my holding in this today at 4.11/4.12. But my buys are a lot smaller than the big boys doing something.

Good results and a big lift from Bellway!

If I'm honest I'm surprised this hasn't pulled Vistry up more today, as it has done with the other UK homebuilders.

Bought £35k @ £4.46, sold it all around the £5.50 mark.

Back in again here with £13k so far @ £4.46. Will keep adding more if this falls any further.

IMO I agree with James, expecting upside from here. Only (luckily) sold out to jump onto another stock opp that appeared in TI fluid at £1.12 (very lucky few months)

5.8m shares changed hands this morning, with a spike in the price to follow it!

I've added a few k to the party as that is some statement purchase.

That update ahead of expectation, plus a positive acquisition alone IMO should be a good uplift.

Amplify that with the huge upsides in Japan which should spread and this could move upwards a long way and quickly today.

No mention of energy switching potentially returning early this FY and they can't really comment on direct line going live on aggs which should drop prices down more than market renewal prices to help Moneysupermarket.

The uncertainty around insurance price inflation is probably the put off for institutions. I think that risk is being overpriced so I've topped up at 2.18 and expecting a good upside from here in long run.

Big pushback on the 'far better' part of the comment:

"trump is interesting given he promotes business and economic growth. The US did far better under him than Biden"

Factually it's possible to spin arguments both ways. For example you could argue under Biden there's been a worldwide shock to the financial markets and comparatively US has outperformed the world markets more under Biden than trump. Manufacturing output has literally doubled under Biden, plus US business owners are more likely to support Biden over Trump.

All these are facts that argue Biden's term has been more successful. Arguments both ways, but I don't think far better is right.

There's been close to £380,000 of total director purchases in the past month which is certainly no small change.

Saint it sounds like you may not agree with some of the policies labour have, but wider market sentiment appears very positive for the UK at the moment.

IMO it looks as though someone/ a few groups are loading up, letting people profit take down the price, then loading back up again.

Another sizeable 290k purchase sneaking through.

12-Jul-24 14:24:16 430.00 80,000 Buy* 344.00k O

12-Jul-24 14:24:16 430.00 80,000 Buy* 344.00k O

12-Jul-24 14:24:10 430.00 65,000 Buy* 279.50k O

12-Jul-24 14:24:10 430.00 65,000 Buy* 279.50k O

I'm holding all for now until at least past the 30th. Gives time for potential interloper or large holders to come up with an alternative plan that's higher than 35p.

Assume bidco mopping up everything being sold today around 34p. Any sells today just moving them towards 75% needed on the cheap.

Holding the nerve, wait and see.

They'd likely be a leak or announcement publically for something like this before meetings are held internally to notify staff.

James, if there are meetings popping in, my guess is its to do with ops plans for lockdown 2.0, doubt it would be to do with the takeover.

James, every one of your posts berates and rips apart The AA and yet you've been employed by the company for nearly 30 years. The AA sounds like they've provided you with a consistent salary, a pension scheme that has been reduced to a level that is still more than twice the minimum statutory level, and a secure job to allow you to live the life you live.

Can I ask if you hate the way the company is run so much, and they treat you so badly, why don't you leave?

If you say the senior management have no idea how to run a company and only the patrol staff see what is really going on, how would you run and change the company yourself as a patrol member who sees what is going on?

Jamesbond, please google and look into details behind AA Underwriting Insurance Company Limited (AAUICL) before posting facts that aren't true.

Yes AA Insurance are predominantly a broker, but AAUICL are AA's underwriter and a panel member for AA insurance, that now underwrites over 500,000 customer motor policies.

The AA attend roughly about 120,000 breakdowns per year, AA may have a lot of vans but they aren't going to have over 500,000 vans in use for these breakdowns, so must also underwrite customer policies as well.

Smallcap you're not stating the obvious, you're false with what you're saying.

As AA are currently in negative equity, yes if they were to try liquidate everything now they would not be able to pay off their debts. However the company is making profit each year, reducing this negative equity figure and that is how a company goes back into a positive equity position. If you read the financial statements properly from the last released accounts you'll notice that a company that you believe doesn't have the ability to repay any debts recently refinanced a very large amount of debt to push back payments to 2022. Aromas was discussing the 2020 bonds for 200m that may be refinanced, at the same rate, at a higher rate, may be paid off, who knows at the moment.

Smallcap if you invest in shares, put your money into an investment fund and let professionals calculate your investments for you as from your statements I'm concerned that you don't understand company finances to the level you think you do and I'm concerned for you and your money.

I'm aware the 100m isn't going to cut it in full, the bond repayments you detailed helps to support why I mentioned that against smallcap's rash comment about the company won't be here next year, with little in the way of short term repayments due.

If smart breakdown has been in development this long and is still being focussed on as a key point, it will offer more than just a GPS location and fault log reader, probably with new revenue streams running off it.

Aromas you make a fair comment on the reliability of cars in warranty, but miss that these reliable cars cost more to produce. People now hold onto their old car for longer (as mentioned with the lack of 19 plate cars). Older cars mean more breakdowns and with more breakdowns through insurance providers, which has the same revenue stream to AA as manufacturer warranties,
means more money to AA.

The stock is a risk with the debt, yes, but with the number of analysts stating buy I personally think the gains at this price far outweigh the risk with The AA. Even if no dividend was paid, at the price I wouldn't mind if they put the savings towards paying down the debt slowly over the next 15-25 years.

Definitely waffles talking by smallcap. The equity of zero this year is a bold statement, if you check the detail around the balance sheet rather than just looking at the number, the bulk of the debt isn't due for repayment other until 2022 and there is over £100m of cash on the balance sheet...

A large number of analysts and brokers still reiterate buys even with the huge shortages in the market plus a number of director stock purchases have been done.

Problem is the shortages and that one of Woodford's trusts is the 2nd largest shareholder. In my opinion shares look to be trading on news like sheep rather than results.

This time next year my money's going on smallcap being wrong with AA adverts like the red dwarf one still appearing on TV.

Nuri, understand your decision, hopefully you get back in at the right time.