Member Info for stevegrass777

AUM are up considerably ,and a notice that FPO will meet expectations.

Quite a big percentage of traders don't do better than investors, but some traders do very well. People like Warren Buffet and there are plenty of other investors that have done very well out of the stock market. When I talk about beating the market I mean outperforming the all share index,you would think beating the index was easy but mainly less than 10% of fund managers tend to do it and if you include costs even less do,that's why if you buy funds a cheap index tracker is quite a good choice compared with trying to chase star fund managers that charge high fees and can disappoint. When you talk about investors that bought IG at �9+ they were investors chasing a company at a high valuation because of expected high returns, news of regulation shattered that. Valuation and expectations were ahead of earnings at that point. A long period of low volatility followed and that depressed earnings. We then had low valuations with low expectations on earnings because of regulation and low volatility. Now we know what the regulations are and volatility is up considerably and could bring more earnings than the regulations lhere So in my opinion we still have a low ish valuation and we can still do rather well from here. Very high volatility could see massive hike in earnings here. You have to remember if the markets go down heavily the easiest way to start shorting stocks is right here with a IG account. I'm very happy to hold here,and I can't find anything better to hold,that's why I ask what do you have that's better than IG. I do chat on more holdings on III as I find more discussion there but I quickly get rid of companies with poor prospects and swap for companies with better prospects. I've been investing for more than 25 years and always willing to learn something new,or look at a new investment.

No,its probably just stating the obvious, that you can't go in and claim a property just because you are owed some money,you would need to go through the proper administrator ect. ESP just need to work on costs a bit and are in no way that kind of state anyway, but the assets are owned by the shareholders and the debtors ,but the debtors come first probably so that might be the debtors request to put that on. Esp assets are around a pound a share so far more than current share price.

Traders and investors are polar opposites, traders go with the heard and watch the share price religiously and follow the heard religiously,in a stock market crash they follow the heard off a cliff,if you have seen a few crashes then you notice the share price knows very little about the future and forgets about the past often, the main driver of prices is supply and demand, when to many people sell because of bad news the share price often falls way more than the effect the bad news will have on profits. That's where investors come in,you can buy a big slice of a company for far less than its worth,yes you take on extra risk but if you are right that the market price over reacted and profits won't be hit quite as much as thought then you can do very well out of it. But normally investors invest for years and traders for days at a time. I wasn't asking for advice ,just interested in what you would class as a good investment as obviously you don't think IG are ,but when you slate IG so often it gets me thinking what do you invest in that is so much better than IG.

Iii have a few people posting on Apple but nothing going on here. So I will start,Apple seems to be getting dragged down with Facebook ect ,what will Apple do with all that cash? Earnings seem to have peaked for a while unless they introduce some more decent hardware. I have held here since Tim cook took over,He's actually done a very good job here.

Well I believe that the market over reacts that's why I often buy shares that have fallen heavily for some reason,if the market was right then the share price wouldn't have recovered this far. Bitcoin is another story completely and in my opinion can't be compared with a real company with real asset backing and real company earnings and a dividend, bitcoin is an electronic token with no asset backing whatsoever and no earnings whatsoever, In fact I can't call it an investment,why you are trying to compare it I do not know. If you believe the market is right all the time then I suggest you buy a tracker,but I manage to beat the market regularly and have invested in real investments for a long time,and trust my judgment and on this company I am sitting on a considerable profit and that beats wishy washy statements that you never seem to back up with evidence! Why don't you find us the bit that disproves IG hedges its trades? You've had long enough to do this but don't seem to have found any proof of IG not doing this. If I sold all my holdings in IG what would you recommend GumT,I've looked at your past Post's and can't find any good one's.

It was nice to see the buying,and its good to re purchase you're own shares when on a discount, there is a argument against it when above or at NAV but in this instance it's a good move. A pro like Habib knows a bargain when he sees it.

It was a bargain no doubt about it,glad I picked up quite a few at a decent price,the regulation seems to have been dealt with and we are moving on from that now. How many customers will move to professional accounts when faced with the restrictions? Mainly people don't like restrictions so I could be quite a lot,then we have expansion into areas outside of these restricted countries. Also increasing volatility helps IG make more money so with the markets increasing volatility we could do very well. That nice fat dividend is good while I hold on to these. IG is one of or the market leader in this business and has been around a long time,I'm sure they will flourish with the new restrictions as they were already doing some of the restrictions before anyway.

It was a bargain no doubt about it,glad I picked up quite a few at a decent price,the regulation seems to have been dealt with and we are moving on from that now. How many customers will move to professional accounts when faced with the restrictions? Mainly people don't like restrictions so I could be quite a lot,then we have expansion into areas outside of these restricted countries. Also increasing volatility helps IG make more money so with the markets increasing volatility we could do very well. That nice fat dividend is good while I hold on to these. IG is one of or the market leader in this business and has been around a long time,I'm sure they will flourish with the new restrictions as they were already doing some of the restrictions before anyway.

It�s a bullish move to buy so many shares,I consider Mr Habib to be very shrewd so hopefully he sees this as a good point to pick up shares before the March upwards.

I wonder how many customers when faced with restrictions will want to change to a professional account, Anyway with the regulation clear now and the hit seems to be 10% the dividend looks safe and growth after 2019 seems reasonable.If the markets stay volatile or it increases in volatility IG could still bring good results in. I�ve still got all my shares and am keeping them,it�s a good job I don�t use stop losses after yesterday.

Today,You rarely get updates over forcast earnings this good, market reaction is good.

Very happy with the progress so far,looks like administration costs are lower and they are targeting lower operational cost savings. The review of the business looks to be bringing positive changes that will see a tighter operation going forward. I think with these results the NAV discount should narrow considerably going forward. 33% LTV isn�t very high and with the changes made this business is well on the way to recovery.

https://www.ft.com/content/24db2600-22ff-11e8-add1-0e8958b189ea Sounds a right dodgy outfit

Those administrators can get there mitts on anything can't they.Thought protected accounts couldn't be touched. Not good,but sounds like you were lucky.

Simon Thompson in IC,gave a very good write up about First property. Off memory,it spoke about good management,how the last property management deal was based on % of profit and that could give us quite a boost instead of a fee based deal. And the possibility of more deals to come. All in all a glowing write up,I'm still confident we will do well here as the management are such good property managers and know there stuff.

It should be in a protected account like escrow as far as I can remember so it should be classed as yours but it might take a while for you to get it. It shouldn't be lost. Also the government protects investments but I don't know about the cash balance, anyway I think it's up to �80,000 So your �58 quid should be ok

Bought some yesterday and some today,I like the big NAV discount and the income this produces both in dividend yield and the property income. LTV looks good . Of course they have had some troubles recently but hopefully a change of management will get these back on track.I like the Hello student platform and the properties look second to none. I'm thinking that maybe these should trade at NAV within 12 months. Which is around 20% increase and the cracking dividend. So I am in for the recovery.

Considering the extra volatility in the markets lately FPO seems quite steady , maybe we are due a bit of a price revival. News has been quite as well, normally a deal or two a quarter here,but all quiet.

Good update today, dividend up , profits up,NAV up by quite a bit really. Small debt even smaller. Same as the other messages on here,sure and steady.