Member Info for SW16

@FenixDor "Pride goes before a fall" - that's a popular misquote; the original is rather more scary: "Pride goes before destruction" according to Proverbs 16:18

What was the spread here yesterday - a lot lower than today's over 11%? So it's hard to get our hands on the increased value

Of course we would all like overnight boom in price if whatever we buy, but a year really should not be seen as a "long haul". Assuming that the whole of GGP doesn't get bought out, to get full value (beyond what Hav delivers) will probably take a lot longer
Been here since, I think, 2013

I was going to put myself out to tender to any family sick of the sight of each other and wanting a single householder to join a social bubble to help stop there squabbling, but that's all off now. I'm targeting the Heddle household

Well, unless you can buy spot-on your average, the only you can buy and not increase your average is if you hope for a drop below your average. People only put money into a share for one reason: because they think that it will make them money. The average price you paid for shares before is irrelevant to this

No, on that way of working, £1 to £2 would be fifty percent profit

Shouldn't your accountant be advising you? The HMRC website lists the criteria for a company to make an application under the EIS. One criterion is that the shares must NOT be listed on any public market

And look at how the spread changes throughout the day

I know that there was speculation over whether GGP would enter the FTSE Aim100 Index, but I hadn't seen any announcement. Just spotted on GGP Twitter Greatland Gold
@GreatlandGold
Greatland Gold plc to be included in the FTSE AIM 100 Index effective from Monday 22nd June
9:23 AM · Jun 4, 2020·Twitter Web App

Same

There have been lots of questions asked - so read what HMRC says https://www.gov.uk/tax-sell-shares/work-out-your-gain
If your shares are not in an ISA or SIPP and you're thinking about GGP (ie the whole company) being bought out, you will want to see the part about the difference between being bought out for cash or for new shares in the company doing the takeover. If a takeover is for cash, you are treated as having sold the GGP shares and will be taxed on capital gains

If your focus is on ggp, which is what brought me in, I see that. Generally not saying a lot for the rest. And, as, I say, the often very wide spread, significantly reduces the attraction here. I reduced my holding here some time ago on a narrower spread). A direct investment in GGP seems to me to be the easier way of shareholders getting their hand on some value. But we each make our own choices

I'm not sure of the logic there. The value of SVE's shares in GGP is about £1m more than SVE's total share capital.

The thing I've noticed is that we now have a narrower spread. A spread of 10% is quite common here, and it doesn't make it an attractive share in which to invest more. A high (or manipulated) spread makes it hard to make money

The private, unlisted, companies SMT holds are valued every three months, with one-third being valued each month. The valuations are carried out by someone other than the manager. https://www.bailliegifford.com/en/uk/individual-investors/insights/ic-article/2020-q2-staying-the-course-for-scottish-mortgage-pro-we-0100?p=12557.
But a lag in valuation can, of course, work in either direction - the Net Asset Value might be being overstated or understated. The splitting of the valuation dates for unlisted companies into three separate chunks should help balance this out to some extent

The share price here is almost always above the asset value ie it trades at a premium. Really, it has to be seen as a sign that people expect future growth and are willing to pay for some of it now to avoid missing out or paying a higher price later.
The spread (the difference between the buying and selling prices) is usually very small, so if you want to sell you can sell for more than the asset value.

If I were negotiating on behalf of the aboriginal people don't you think that this event is something I would be bringing up? Wouldn't you expect me to be wanting tougher protections in place?

In Pilbara area
https://www.thetimes.co.uk/article/mine-giant-devastates-ancient-aboriginal-culture-site-7l062f9lq?shareToken=01f78ffe6565686a427d1c031dc9e149

It is news as the RNS was published today. Some might think that this was relevant information which should have been published sooner.
It is NOT the case that all affect customers were told - this is from the RNS published today
"Our investigation found that the email address and travel details of approximately 9 million customers were accessed. These affected customers will be contacted in the next few days. If you are not contacted then your information has not been accessed. "
I have had nothing from Easyjet. I cannot access details of either a cancelled or a future flight. Momentarily, a message is displayed saying something like Can't see your booking. Don't worry. There is no other information about this or why customers can't see this.

Easyjet have known about it since January, but only today is it publicised. There is nothing on their website, and on logging into my account all booking information hasbeen removed. So there's no record of the cancelled flight on which I am still awaiting a refund, and no record of a future flight paid for last October. Having ****ed up on security, the lack of communication will only make things worse

Good luck with whatever you decide to do.
Lloyds used to be where by far my largest chunk of money was invested. After Lloyds was persuaded to bail out HBOS, I lost about 90% if what I'd put in. I'd bought at up to more than £7, which after share splits etc my average price was equal to about £4.50. After holding on for the recovery, I eventually sold at 45p years ago. I see the price has dropped another third since. GGP, which I first bought in 2014 is now making up for that loss and more. Apart from SMT, I now hold hardly anything else