Member Info for stonksonlygoup

He's worth like £4b, so £0.5m is like a tenner to him

Maybe not so overblown 😂

Near 10% drop today completely overblown.

I feel like LGEN just dumps on any sort of news, good or bad. Introduce a buyback - dump, increase the dividend - dump, a moth flew in the window today - dump.

It's a bit early to be on the drink.

Post up your trades before it happens next time.

I bought some shares a few days ago, thats why its plummeting. Sorry everyone.

Frasers have been throwing the cash around these days. Not too sure on the Currys investment but the others are fairly logical.

Can anyone explain the logic of Mike Ashley's trades I don't dabble in options. I imagine him selling a put option with a strike price of £9 means he thinks the price will go up but why the exercise here at under £7 is that his decision or the person's he sold them too?or have I got the logic of this completely wrong.

Just keeps growing. 33% discount to NAV for a fund of highly liquid US stocks. Something has to give eventually, surely.

Hopefully get a good update from Bill today. Anyone watching?

Buying back shares means less shares, so earnings per share go up, best to do when the valuation is low. The con side is whether you can put that money to better use at a better rate.

Company have spare cash and think the shares are currently cheap. Seems like a good problem to have.

Down boy! Get down from up there! Bad stock!

My broker (degiro) has marked a 25% tax on my Aviva dividends today in my account. Anyone know why this is? They haven't been taxed previously, seems it's a change since the B share issue.

Crazy moves the last few days.

£4.38 minus £1.01 is £3.37.
Correct for the 24% less shares should move the stock price back to £4.38.
You have exactly the same just a different number of shares. They aren't creating money out of thin air.

You will have 24% less shares.

Good results, market doesn't seem too impressed.

Well at least now we know why it dipped last week. Seems like someone was in the know.

Another £1m sold by the directors missus.