Member Info for Standanddeliver

Downbutnotout. You cannot rely on that being correct. It could be a sell. Please read my post last night at 21.32

Mkmanonline.

I've received a reply from London South East regarding their data. Very interesting, the way these companies have of calculating share transactions. I thought it was all computerised when you buy and sell but this information isn't made public.

Reply from London South East

Thank you for your comment.

We calculate the trade type based on the trade price being higher or lower than the mid price at the time of the transaction. Sometimes this calculation does not work, or the price is the opposite side of the mid price. This means we are either unable to calculate what type of trade this is at all, or the calculation shows it as the wrong type of trade (a buy instead of a sell for example).

Our method of calculating the type of trade is the industry standard, and while we are not provided by the type of trade from the stock market we will continue to use it.

As LSE has stated, this is the industry standard, so you cannot rely on any site giving the correct data regarding buys/sells. volume etc. As I stated in my previous post, the London Stock Exchange doesn't identify if it's a buy/sell.

Mkmanonline. You cannot go by the figures on this site, they are not correct. Last week I bought shares on two different days and they were listed that I had sold them. I don't know where they get their information from, even on the LSE web page, transactions are not listed if they are a buy or sell.

Chumba. Very funny, I like a good laugh. I'm still standing and not in a wheelchair yet 😊.

Halifacts. The new management is a vast improvement compared to the previous. It's going to take them time to get things sorted but once they do, this is a good investment.

Thanks Mary.

I'm in a 100 metre race and walking as slowly as I can. Don't want to reach the finish line too soon 😊

Halifacts. Yes I did read it. I've read everything they have put out as I worked for PFG for over 40 years until I retired. You have to read between the lines with their reports as they tend to smoke screen things. This profit warning isn't just about one thing. Wait and see what the Annual Report has to say. Customer growth is their weakness.

Mary, I'm in my late 70s so it isn't really an option for me to go long.

I'm not disagreeing with you. If I was younger I certainly would be buying.

Mary. You keep levelling down and that is the correct thing to do if you are going long. I can't go long because of my age. Will I live long enough to reap the reward 😊

This was on the cards. I keep saying this. Their problem is customer growth which impacts profit. The company is carrying a lot of dead wood customers.

How is it possible to purchase shares and recorded as a sell?

Today at 11.50 I purchased 5000 shares and yet it 's recorded that I sold them. How is that possible when it's all computerised. Must be using the same computers that the Post Office use. Dodgy or what.

Please read my post at 20.25 yesterday and Rats, also my other posts regarding this matter. It explains why people are confused.

Yes Barclays has always been a good investment but like any bank the biggest worry is the grim reaper the FCA. In the trade we called them the FuCuArs. That word is made up with three words, two ending with ing and the last hole 😊

Why did Barclays buy shares yesterday when they could have purchased today after the ex dividend was deducted from the share price. They would have paid a lot less for them today. Cannot work that one out.

Barclays purchased 4,194,000 shares yesterday to cancel. Volume weighted average price paid per share: 169.0272p

Rats. Thanks for pointing that out and must be the answer. If you sell today, your name would still be on the register tomorrow due to the delay in recording.

Cut and pasted from the net. To receive the upcoming dividend, shareholders must have bought the stock before the ex-dividend date. There are four dates to know when it comes to companies' dividends: the declaration date, the ex-dividend date, the record date, and the payable date.

Cut and pasted from Barclays web page. The full year dividend for the period ended 31 December 2023 of 5.3p per ordinary share will be paid on Wednesday 3 April 2024 to shareholders holding shares on the register on Friday 1 March 2024.

I find it really strange, there is no mention of the ex dividend date. the date you can sell shares and still get the dividend. Barclays are basically implying you have to hold onto the shares until 1st March to qualify for the dividend, this is not the case I find this very misleading and can see why people are confused.

The ex dividend date is the date you can sell shares and still get the dividend. This contradicts what Barclays are saying on their web page.

Can someone please explain. On Barclays web page they say you have to be on the register on 1st March to qualify for the dividend. The ex dividend date is tomorrow 29th Feb. If you sell tomorrow, how can you still be on the register 1st March?

Change of name from TheProviVan.

PFG changed their name to Vanquis Bank and that doesn't mean their business is now in banking, they're still predominately a finance business. I have said many times that Vanquis has a problem with their credit card business and that still stands today. Vanquis card is the bread and butter bulk of their business and they are finding it difficult to grow. In fact the customer growth has been reducing over three years now. They can say how many new customers they have put on but how many of those new customers actually use the card and each year the dead wood customers are growing. In other words the customer base, less the dead wood has been decreasing year on year. Profit is one thing but without customer growth the business will gradually decline. I hope they succeed in getting customer growth to an acceptable level but it's going to take at least two years IMO. The company will remain stable but the new management need to get new products up and running ASAP.