Member Info for Skindle

It’s a bit like the lottery this, such fun, big draw Monday morning 08.00 !!

The Blackrock President, Rob Kapito is interviewed today on Barron’s and is quoted as saying -

S?o stocks will keep going higher?
I do think equities will continue to rally. It will be focused on three different areas. One: must-have equities, which are obviously technology and artificial intelligence and data and 5G. Two: should-haves, which are biotech and health care. And three: nice-to-have, which would be travel, leisure, and other sectors. We’ve learned what’s essential over the past eight months, and what can show the growth we need. That three-way bucketing of your investments will outperform other asset classes, like fixed income.

Rolls Royce PLC reports today that large engine flying hours are now up to forty two per cent of 2019 levels.

Morning Ejackson, your Freudian slip may be closer to the truth. Mr Ashley’s very presence as a large shareholder of Studio makes this company almost uninvestable in many peoples eyes. Witness the general lack of interest since the company put itself up for sale. Still, it’s early days, let’s hope for an uplift in the coming weeks.

Agreed Libero, this company has been repairing itself for several years now and this could be the final part of the repair job. You can never trust Mr Ashley but at the moment this move looks to be positive for all shareholders, not just himself.

He tried to take the business over in March 2019 for 161 pence so a word of caution. We have to put our full trust in the current board who successfully fended off his hostile bid back then.

A brilliant set of half year figures, and finally rewarded by Frasers making a move that could actually benefit fellow shareholders. Patient shareholders will finally receive full value for their holding. Good luck to all holders, enjoy the ride up.

“Sorry forgot to mention that I am still in target to achieve around 200p by Christmas despite many sorters and profit takers saying opposite”

“Today is a lowest in the current market or range, so we have to keep strong mentality to hold as price will go up again from Monday. I don't think that many loosing any money just the portfolio is showing little bit less profit.
Two more trading weeks to wait to see closer 200p as 15 Dec may be break that.
DYOR.
Good luck all!”

Two recent posts WASU, neither of which suggests you would sell out at 178 pence. If you actively promote a share price in excess of 200 pence around Christmas time, it would be prudent to retain you share holding to back up your belief as any self respecting director of a business would be expected to do regardless of whether the share price rises or falls.

I cannot respect the views of anyone who talks up the share price of a company while selling out their holding. What message does that send out ?

This was the post you made immediately prior to selling out your shares -

“Hopefully 180p+ finish today if Brexit not finalised but hoping in the weekend.

Will hit 190p if Brexit deal agreed.

You see it's flying when positive words coming from Brexit team.
Good luck all!”

No suggestion that you were turning bearish, yet two hours later you had sold out completely. Now today you suggest that the FTSE 100 will fall ten per cent next week (650 points !)and take the IAG price with it.

How can anyone take this volatile commentary seriously ?

I beg to disagree with you WASU. You were the original pioneering member of the “200pbc” club but now that you have sold your shares you have immediately begun to post about negative news items. While you held shares in IAG you continuously posted positive news coverage when there was plenty of negative news content that you chose not to post about. In my view you are the perfect example of a ramper/deramper.

Many thanks to both TradingPlaces69 and Buffaloben for your comments. I would be delighted were the share price to be two hundred pence by Christmas but I think you have to temper over enthusiasm with a dose of realism. Less experienced investors could easily put too much store by what is posted on some of these discussion boards. Good luck to all investors and don’t forget to research thoroughly before you buy.

Like many on this board I filtered the de rampers because they were making ridiculous predictions about the negative movement of the share price without providing any reasoning as to why they thought the share price would drop. Wind the clock on four weeks and a similar situation has developed at the opposite end of the spectrum. Wildly optimistic predictions of the share price rising to “two hundred pence by Christmas”. This nonsense can be just as damaging and misleading as the de rampers and is a fools game played by buffoons. Anyone investing their money this week based upon these posts would now be nursing an unpleasant loss. I would remind investors that IAG are likely to record a multi billion pound loss when they release their final results at the end of February 2021.

On another note, I glanced up yesterday to see a British Airways A380 flying overhead, on checking its details, it had flown from Chateauroux in France and was due to land at Heathrow. I can only assume the aircraft was being brought back into service from storage.

https://www.bbc.co.uk/news/business-54971144

Some stiff resistance at 96.2.

Certainly the Lombard Odier holding is an interesting new development. These funds don’t buy in unless they are certain of an uplift in the share price. Fingers crossed.

Disappointing outcome but not unexpected. Despite this setback I think November could be a very good month for Studio if the results from the previous lockdown are anything to go by. I’m looking forward to the half year results in December.

Not necessarily, the FTSE had a very poor day last week, by contrast the RR share price increased.

“Among London large-caps, Rolls-Royce was the best performer, up 2.3%. The jet engine maker's shares had climbed 14% on Friday after Bloomberg reported Europe's top aviation regulator is satisfied that changes to the Boeing 737 MAX have made the aircraft safe enough to return to the skies before 2020.

Rolls-Royce supplies engines for the troubled aircraft”.

I lifted this exert from Alliance News this morning. It’s staggering that these news agencies make such fundamental mistakes.

If the company can successfully raise £6b through the rights issue, senior bonds offer and re negotiated lending, would it not be fair to assume that the market cap should be at least that by this Friday ? A £6b market cap is equivalent to 310 pence.

Rolls Royce Holdings PLC do not manufacture cars Shouston. As an investor you should know this by now, it’s been said enough times on this forum.

An interesting theory Ejackson. I can’t think of another company in the market currently that could or would pay £50m for a company with thin profit margins. Happy to be proved wrong though.

Oh dear, todays announcement by the CMA would seem to place an insurmountable block on the sale. Having read the report, I can’t see a compromise plan that would adequately satisfy the CMA.