Member Info for SpadesAspade

southern = down the.

Between myself & a good friend who doesn’t post, we are still holding over 16 million and will continue to do so.
And to those who are influencing LSE to take southern thread “ UP YOUR’s” you ain’t getting any of em.

He might be frustrated, but I’m sure he’d rather be purchasing his options at 25p.
Now to me that is the biggest clue of all on where SD thinks he can take GGP.
If he didn’t think he could get the SP to multiples of his options, I’m sure he would not have agreed to it being set at 25p.
Tick Tock, another day gone, another day nearer.

If I remember right SD said just after the last placing that they were entering a long period that wouldn’t allow any of the board to buy in and that is why he bought a few at 14.5p.
So I can only assume that they are still in a closed position.

Hi Costa, I fully concur with what you are saying, which is why I still have a large order of £80k on the order book.
I’m not necessarily bothered if it hits my buy price of 12.85p as I basically put the order there to test a theory of mine that there would be no point in trying to drop the price lower, if all you were doing was letting the investors you are trying to scare off and sell up, buy even more, thus making it far harder for themselves to close out.
As the price rises, I will also be raising my buy price.
I may have this completely wrong, but it seems to be working up to now.
ATB

SocialistB, so are you going to sell the Institution’s all of your shares, because I know I’m not.
I just don’t get this fascination with ii ownership.
It was us pi’s who took the gamble and supported GGP in its hours of need. So I’m dammed sure I won’t be gifting anyone, shorters or ii’s any of my shares until I feel it’s the right time to sell up.

Who’s going to blink first I wonder.
Looks like we are at an impasse @ 13p. MM’s seem very reluctant to trade it either way from this point.
I have stated on many occasions that I couldn’t see myself buying anymore, but after trying to take us back into the 12’s last week, I thought “what the heck” and placed an order @ 12.85 for £40k and did the same again today, using this year’s allowance between two ISA’s.
Now that got me thinking, how many others have done the same, set a price to buy at the year low ?
It’s funny how even though those orders are pending, the powers that be fail to tip the scales that low.
Is it because as we have been suspecting for ages that genuine sellers are like unicorns and that most of the selling is being done between two parties.
The chuckle brothers spring to mind (To me, To you) thus trying to make us all think that folk are off loading, just another tactic that they have at their disposal.
The fact that I’m probably not alone in setting a buy order so low, means that if I’m right, then they dare not drop it lower as then they will be competing in getting hold of shares with the ones they ultimately want to sell up.
If I’m wrong then I’ll just be adding more shares to my already large pot.
At some point, the ones who are short will turn tack and go long. once they have accumulated the number of shares they want. Once they have what they want, they will have to buy back the millions of shares they currently have out on loan, and that is when you will see the SP recover exponentially.
As the saying goes “Hold for Gold”
GLA except the shysters.

aim999, these results don’t change a thing.
As the proverb says, even a blind squirrel finds the odd acorn. And boy did we find our acorn in Havieron.

Nothing to get your knickers in a twist.
YET !

You can transfer shares to family members or a spouse, but they have to be members of the same investment platform such as AJ Bell in order to complete the transaction electronically. A process called 'Bed and Spouse' can be a tax-efficient way of gifting.
When you transfer shares to your children, it will generally be considered as a gift for the purposes of inheritance tax. If the transferor (parent) dies within 7 years of making the transfer, the transferee (child) will be liable to pay IHT.

Freddie it as only stalled from NCM’s point of view.
I’m pretty sure Shaun Day would rather not sell it at all, especially at the pittance of a price that was being touted around on this BB.
I’m in the camp of trying to delay it as far down the road as we can, only so that maybe we do get more of a FMV for the 5%, which surely all holders of GGP want.

Trippy you should know better than to RAIN on someone’s parade :))

Cheers Costa.
What I forgot to mention was that the pie will not have any extra slices added to it, but the filling, that’s another question.
It’s one Desperate Dan would be proud of.
ATB

Did you know that the world’s fastest man Usain Bolt won eight gold medals in just three Olympic’s.
He only ran for less than 115 seconds on the track, earning himself $119 million dollars.
Now that’s what you call economy of effort.
But for those 2 minutes on the track, he had trained for 20 years. That’s what you call investment.
Well I’ve done my training, got my slice of this incredible piece of pie, and will see this out no matter what the cheats of this world might do. I will also get handsomely rewarded. And in a lot less time than 20 years.
We all need to be more like Usain Bolt, think long term, PATIENCE pays.
ATB fellow holders

Most of the buys are actually sells. Currently being offered 13.44p for up to 250,000 to sell

Costa does that translate to
“Yes Mr Fawlty, there’s a rat in the kitchen Mr Fawlty, me know noffin Mr Fawlty”

Daveri007 wtf is a them song. Don’t you mean a theme tune/song ?
You remind me of the Little Britain sketch with the Tiny Dennis Waterman, I wanna write the theme tune, I wanna sing the theme tune,
“I could be so good for you”
Not bloody likely !

Iseo you are 100% correct.

They're fooked

Bellers I did the same on the announcement of the JV. ploughed the full amount of my SIPP in at 2.55p. Thought that was a great price but by lunchtime price had dropped back to 2p, eventually dropping to 1.58p by the October.
Only one thing to do as far as I was concerned, average down. Paid off big time. Hope the same happens to your good friend.