Member Info for Temple_of_Doom

Likewise .. was waiting for sub 228.

An empty jam jar tomorrow you mean …

…. this CEO is so smart it only took 20 years to figure out he needed a sales team, and now it’s headline news.

I wonder if he drinks with Dim Martin down the local ‘Spoons?

Just look at what government intervention did to Lloyds bank shares.

The government will only step in again if shareholders are close to being wiped out.

Just picked more up at 45p or thereabouts. Little bear raid trying to trigger stops maybe?

Agreed … Shell will be on the prowl to meet its carbon neutral targets.

It is a win situation if one buys after the cash call then bails on the rise waiting for the next in the sector to go for a cash call.

First lot today, second lot below 118 then see ….

I’m pretty much clear here now … $80 for oil was my target … I’ve had a great run …. Let the dust settle and give myself a good kicking for bailing too early.

GLA

Well ESG …. Renewables …. Whatever …. The argument is weak …. What are the directors saying? They are investing in the wrong sector?

It’s kind of cr*p I’d expect from Johnson, Gove, Han**** or Javid ….. we are not all as dumb as the average Brexit Tory voter.

Difficult to type on a small screen with bad internet and blazing sun.

The lacking in certainty has caused the price drop. The directors need to clarify this position quickly.
I’ll be writing to AIF and demand that the process is made transparent to include remuneration for directors in case of an approved move and the valuation process for transfer Preferably by RNS.

The reasonings given for the change are weak …. That by itself suggests the directors are useless… but there is a good gain to be made here with sensible management and forcing the shorts that pulled the share price down to close.

Suggest others write in and demand clarity too.

The point about this fund as I understand it, is that the fund itself is too small to be worthwhile, while in taking over the fund assets the core holdings will be sold in any case.

The argument is bogus … if renewables are the way forward Acorn can move over to renewables. …. The directors want rid of the liability and a backhander to transfer shareholders money to someone else.

I the directors then undersell assets as a result of closing the fund they risk reputation and lawsuits.

I’ll be voting to wind up the company …..

Noisily.

ROFL

:)

The "Green" sector has seen a sell off this past 6 months.

Some of the loss will be down to the stronger £, some will be down to money rotating out of the sector with stocks rallying elsewhere ...

... that said, I read an article recently that argued oil producers do not want oil prices too high, because it will accelerate the shift over to renewable energy sources.

I'm quite heavy in renewables at this point, while AIF I still see as a no brainer if people vote to close the fund and realize the 427p assets.

I'll be voting to close the fund.

I’m not keen on people trolling with immature irrelevant statements such as “you started first” when referring to a grudge you seem to have over a nondescript comment I made on a different thread that had nothing to do with you.

Learn to argue with greater efficacy is my advice, along with buying a dictionary …. Conceding one was lucky might be many things, but bragging is not one of them.

:)

I do believe my phrase on DEC was "lucky" having bailed before a mini collapse.

Meanwhile, my first trade in Acorn was 2/11/2020 at 257p ... I enjoyed the November rally ....

Now imagine moving one's final salary pension of 35 years contributions with a January 2020 pricing into one's SIPP landing in April 2020 ....

..... and doubling it in just over a year.

Now that's bragging ..... and it's quite fun .. especially being on an Island in the Aegean looking at the Sun rise, over the Med as I write.

Now a hard day sunbathing lies ahead.

Have a good day.

:)

“ Worst that could happen is that Temple_of_Doom profits from trading a company that was a dividend favourite.... and carries on bragging about it, as in DEC. ”

I’ve sold out too early on one of these types of funds that closed realising the difference between traded share price and NAV before.

427p NAV trading at 352p?

I’ll be voting to close the fund and realise the differential.

While attacking the person not the comment made?

All very low IQ left behind Brexiter sour grapes in my experience.

:)

Well .... I jumped into DEC a month or so ago when it was hit by the rapid book build scam .... that's a good divi payer in the sector .. but its US assets .... and purely a gas play ... and I wonder why a US gas play lists in the UK market .... but bailed and put that money into Sepl around 89p ...

... that I'm clear of that money now.

Sepl can jump to 140p from here very quickly or it can collapse .... it's a volatile play .. while the divi at 6.2% is good but not as good as Dec.

I originally bailed Beri to go in very heavy in Sepl last November with Beri @ 61 and Sepl 59 with a Divi on the cards ... looking for a 10% differential to reverse back into Beri ....

.... little did I expect the reversal to happen at £1 ...

.. and Beri now looks pricey but bought back a few....

Funny old game stocks and shares.

…. A reminder from a poster last year at 50p …..

_————————
Seriously this is now turning in to full blown depression.

I guess temple is still happy with his 12% dividend whilst the sp is plunging.

Something has to give here and I’m all strapped in. Fair to say will be glad to get out whenever I do ..... probably next year. This really is a d o g.
————————

Woof Woof.

GLA

:)

When Goldman says buy ..... people sell.

That’s fine ….. we have a UK nation the majority of which are happy to take a pay cut to boost exports …

Numbskulls springs to my mind but there we go ;)

“Looks good” apologies in the sun on holiday in Amber zone.