Member Info for Slownsteady

Rubbish. They sold some shares.

165 now. Up 7%. This ain't normal.

That statement sounds like typical "Prepare for war/tackle the boats/build x00,000 houses within this Parliament/growth agenda" waffle. The Socialists are great at making so-called "policy statements" in so--called "keynote speeches", but invisible in following through. Except when it comes to raising taxes.

Akka, I filtered Pogostick a long time ago. He can f-rt on as much as he likes. It makes not 0.0001% difference to the share value.

Managed to get my full complement of HBR (55K shares) at a weighted average price of 167p.

Absolutely silly to sell. The 15% buyer overhang is pretty significant. Normally share buybacks amount to no more than 2%-5%.

15% is huge.

I locked in a yield of c. 10% on this one for 50k shares. I'll take the dividends thank you with the guaranteed £3bn in Da-ichi funds and possibly another £3bn over the next 5 years.

Excellent, Big Ego, thanks.

It's YOUR head that needs looking into, Rookie.

Rookie, I learnt a long time ago not to worry about background noise when I buy and hold a part Ownership of a Company. I bought in (all costs included) at about 160p. I most certainly don't worry about whether the price falls to 100p or jumps to 200p. Or even 270p. I'll keep adding till I reach my target weighting.

This is not about trading a Commodity, or ridiculous voodoo talk such as dancing white man or double bottoms or candle tops. Or price manipulation. These are real, live Companies that we ALL (whether we see it that way or not) are part Owners of. The Directors are our servants appointed to mange the Company on our behalf.

I know this doesn't answer your questions (which to my way of thinking are not relevant, no offence meant). Whether the price of Oil/Gas etc reaches xxx or yyy is not really the point. I've locked in 11% income or at least 5% - 8% if cut. You tell me which Bank can give you that. I don't care if the sp reaches 300p or 400p (as long as I have filled my quota well before then!).

And a two year horizon is too short, Depending on your age, you should be looking at 20 - 30 years. Well past the child sitting in 11 Downing Street and her thieving tax.

Look. There's far too much eye swivelling conspiracy talk in these types of forums, mainly by people who haven't a clue about Investing. Don't look at the short term fluctuations in the price.

They are almost always (except for Comany specific disastorous announcements) driven by sector sentiment. Today it was Oil and Miners down, Insurers up. Yesterday it was China related down, Another day it was Tech, Another it was Housebuilders. You'll drive yourselves - even more - doolally by trying to make sense of it and trying to blame "them" (whoever they are) for price manipulation.

It shows a gambler's mindset, like Racing punters who blame the Jokey/Trainer/Owner/Racecourse Managers for their losses.

I've been in this game 45 years. Ignore Mr. Market's schizophrenic mood swings (especially minute ones like today!!) and buy when i.d.iots panic sell, as happens every so often.

Our Portfolio had reached an all-time high before The Imb,e.cile's Tariffs. They fell c. 10% after. Now they are 10% up on pre- Tarriff levels.

Same with 2020, 2008, 2001, 1998, 1987 - I've been through them all. Water off a Duck's back.

O'Malley's 'local'. Cheap pints and cut price Egg Bacon Sausage Beans and Butty Sandwich to keep him fuelled up for the day.

There's only one guy for whom I get the following message: "This message has been filtered, please adjust your filters to view". And that's Pogostick. So I didn't realise he owned half of ITV....

Apologies Contra, I take back what I said. I paid you the 'compliment' of calling you an "Investor" in my first post. You're nothing more than a teenage spiv gambler.

As for Willytom... 500k shares in ITV??? Oh dear oh dear, hasn't he heard of diversification?

You'll learn.

Wimtom, who're you?

Contrarian, I came across your holdings below. You would have done better not to reveal them. It just shows you to be a crackpot (and fool, for that subscription) investor with no coherent thought process for your Investments. I'll certainly not be taking your cues.

In my case, we have a Portfolio of blue chip shares, Investment Trusts and ETFs, yielding 7% to give me a six figure income (all tax free in ISAs). None of this exit entry point nonsense. Buy when the opportunity arises.

Our Portfolio from its low point in 2020, has more than doubled. So stop being so smug and sneery,

My reply was to Stev-o.

Yes agreed, sir. A mix of the two would be ideal. And share buybacks are good, if we have the luxury of low debt leverage.

I know (anecdotally, from our personal portfolios) that Buybacks haven't moved the dial on the sp of buyback Companies even a smidgen. So while the theory is sound (eps, div ps and all that) not sure how effective it is reality, if Buybacks are restricted to a few percent a year or so.

I'm allergic to debt. Pay off Credit Card in full every month. Even with things like our personal mortgage (I paid mine off in my mid-twenties and always bought thereafter with cash). Just don't like being beholden to Banks. An emergency hits you, like a redundancy or something else, you're in trouble.

Companies with less debt and a robust balance sheet stand less chance of bankruptcy in a 2008-9/2020 situation. I would rather forgo a few percent in notional interest/dividend than the (hopefully small) chance of losing it all.

Been there, done that, got the scars.

Paying down debt rapidly is a better use of cash flow and any balances!