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Jet, don't let users make you feel as though you cant post. Not everyone can be right 100% of the time, but if you think something is worth sharing then share it mate. I think we are all looking for the same outcome here, maybe with the exception of Mono (looks like hes gone short) but yeah I quite like reading people opinions on here, as long as they are genuine.
PCP, not sure where you have been for the past month but a 30% uprise in the sp would invalidate your point. Since the upgrade of BoA it has been non stop green. Unless i am missing something here?
I'm with Bluemoon, Mono you do spout some crap don't you HA!
Monopoly, you seem to be saying so many contradicting things lol. One day you are a long holder and the next you are a short seller calling the peak. Are you feeling alright? I think ive cottoned on to the alias thing now, seems like Jmax and Monopoly are well aligned shall we say
Who would short this stock and on what basis? Please inform me? Everything points to a climb? or am i looking at this through TLW tinted glasses?
Lol that made me laugh, i guess we are all eachother then Scrod. I have to admit though, im not short i am long, in more ways than one. But there we have it. Onwards to 50p.
Just to clear this up once and for all. I'm actually here for good discussions. Not to wind anyone up etc, so yeah you wont hear any trolling or making another "alias" from me. I actually used to come on this board just to read recently but then decided to make an account (thought you had to pay at first) but hey ho. Guess you cant be a newbie round here without being labeled a spy, lol.
Why do people keep saying me and this Jmax dude are the same person? Can someone actually explain this to me? Im pretty sure if anyone has read the recent comments we've disagreed? Lol. Sure though, im Jmax? Not sure if this Jmax is a troll, ive only just got here, but yeah im not him, hes not me and im pretty glad about that.
Lets hope so Scooby, but if we do get to 40 itll be interesting what happens, if it teeters then good news has to be the only way up, its just weather news comes before then or not. We have the AGM next month anyway I believe, so that should shed some light on future details.
I wouldn't call this volatile in the normal in sense in that, it doesn't swing in both directions in short periods. It's very much a momentum stock which carries heavy steady momentum, and falls like a rock from a far distance. One could say it's more brutal this way but there we go. It feels like soon as you see a few days in the red it could be a whole month in the red and vice versa. Looking back at the chat it looks like folks are dumping here soon though haha, hope it doesn't send the share price tlts up.
Is the Sp depreciated due to the recent press, yes. However, I don't think this is the bad news coming for SJP holders, but rather the change of model being forced onto them by the media is. The "implicit charges" people mention are early withdrawal charges (EWC), in which, if someone transfers their pension to an SJP pension they will be subject to a maximum of 6 years with an early withdrawal charge (EWC) decreasing per year 1%. At the end of the 6 years, no more EWC. This is the maximum and is dependant upon the charging structure of their existing pension which the new SJP pension will be compared against. the lower the charges the more the adviser will have to "give up" in regards to their initial fee. It is worth nothing SJP pay the advisers their initial fee, and SJP benefit from having the pension invested for a minimum period, causing SJP to make their money by an annual AMC. Total charges often do not exceed 2% on SJP pensions, if ever they do by 0.02% or something minimal. Independent firms have total expense ratio's, all things encompassed from product charges, platform fees for whichever platform they invest their clients money, to their ongoing advice charges and these are essentially on the same level as SJP charges, around the 2% mark. The difference is you do not pay the initial fee with SJP whereas with independent firms which are whole of market, you do. For example. If you have a £300,000 pension in which you wanted to transfer to SJP, the whole £300,000 would be invested and would be subject to an EWC for a maximum of 6 years depreciating 1% per year. If you are 6 years or more off accessing your pension, you do not pay an initial charge at all effectively. But, even if you are of pension age, you have an annual withdrawal allowance of 7.5%, meaning you can still draw income from your plan charge free, and if you are taking income it is rare and unsustainable to take more than 7.5% anyway. Now, with an independent firm, if you have £300,000 in your existing pension in the same scenario, 3% would be paid as an initial fee to your adviser (which is industry standard for an initial fee) leaving you £291,000 to transfer, being subject to the same 2% ongoing annual fee. Unfortunately, SJP has been forced by the media to sack off its old approach and adopt the independent route. Personally, I think this is bad for SJP, what that means for shareholders I do not know. I am sure SJP will adapt to the changes, but will it be as profitable as before, I doubt it. But, if there is a silver lining, it could still be that the SP is over depreciated. Thanks for reading all, if you have made it this far I respect your patience.
Not sure if you are on about me Big Risky but I'm definitely not Jmax lmao and Scooby, I have been feeling that since we breached 32/33p there was going to be a pause and some pull back but its just seemed to be churning green every day. I think maybe some bad news is the only thing which is going to halt the growth because some new investors have just seen the upgrade and gone with it on that basis. Also, if no good news drives the stock, surely only bad news can drain it. Bad news isn't impossible obviously, but I think with the tax dispute and Kenya along with the Ivory Coast being three things which could bode wide, the upside outfights the down side. Upside could be north of 50p, where the downside has been like 27p.
Yeah that is true Jmax and tbh I don't see a ME conflict without Iran being involved. They seem to be the big beast in the middle east, with the exception of Israel. But yeah them being involved definitely is bullish for oil. Problem is though, the sp will go up and we will benefit, but then inevitably the costs of living will also screw us over. Lol, cant win.
That's true Jmax, the Americans will benefit nevertheless. I do think itll be interesting what happens if Trump gets back in though, he will no doubt push for more oil production maybe driving the price down. Whether this will have any material impact is unknown but its definitely something to keep an eye on. Alongside the UK election, big move to green energy if Labour get in, probably increase the cost of production for companies like TLW, mostly increased regulation etc which does cost a pretty penny.
Lovely & positive Super. Lets hope you are right. What happens if Africa go to war though, then we are truly Donald Ducked.
That's true, Scooby. I guess we have to get used to this dark room together. Maybe buy some pillows and snuggle up.
Jmax, whats the likelihood of Kenya being confirmed and whats the likelihood of them relinquishing? Surely sentiment indicates the former, especially with Director buys. Seems silly to buy now knowing there's a skeleton waiting in the closet, from a director point of view?
Cheers Anton. If you get the info re the listing data and cargos let the people know. Im sure you will anyway.
Yeah i agree Wedge. Material news needs to come really. All this periphery news can only go so far
Wedge, do you not see this holding above 40p? Whats your reason for this? BoA upgraded to 55p. Is this only due to the historic patterns or is it based on numbers?