Member Info for teslo

Asset value is meaningless for a company like RMG because the CWU is so powerful, the union creates a double-bind in that they're great for employees but terrible for shareholders.

Without the Union, unskilled labour would be on zero-hour contracts and minimum wage, the company would have high staff turnover and terrible working conditions, but UKPil would be making 100's of millions a year.

If GLS is ever sold and/or the company is split-up, and the board proposes that the funds are distributed to shareholders, the union would ballot to strike.

Tomorrow's results will be pretty irrelevant if the COVID numbers out of the US continue to rise and people in the UK continue to descend on the beaches like its D;day.

To be honest @Gzkid there were many posters on here calling the ramping crew out long before I ever joined this board.

That's a bit harsh @Keith, not all his posts are utter drivel, he obviously adds a lot of value for others on here.

I distinctly remember last month, he had another very productive day and spent most of it compiling various charts and survey's detailing how many recommendations he, emmjane , and others had received and how I had zero.

He broke it down into multiple categories and everything and despite having 12 other accounts I had zero recommendations on almost every post and the lowest overall, yet for some rather bizarre reason, he came out topping the lists

It is what it is.

I do remember asking him to create another chart listing who had correctly predicted the RMG share price over the last 18 months, unfortunately, all I got was crickets.

I also got crickets last week when I asked the people recommending his posts to say who they're.

That is a good strategy to have especially whilst the VIX is above 20.

Mistakes happen, I had to put a lot more in-play Monday morning than I would have liked, due to a **** up with a small buy order that got exercised at 4 pm on June 10th. Fortunately, it has worked out really well but had the markets continued to dip I would have been stuck with that position long-term.

Good luck with everything.

Florida covid numbers were released at around 3pm UK time and were high which probably explains why Trump tweeted earlier than normal about the strong market, to minimize the impact.

Outside of a wave2, August is probably when carnage will happen, if it happens, as that is when Q2 2020 earnings season start.

That post about RMG losing millions a week , if it's true and it seems plausible because social distancing would lead lead to horrendous backlog and daily delivery failures but those figure will not come out until August. The last RNS only mentions April's turnover but nothing about profitability.

Up until then I think Trump will do whatever it takes to makes it appear like a V shaped recovery.

I sold here but am more than happy with what I have in play elsewhere.

Trump will do whatever it takes to get his v shaped recovery.

Good points @Scamp a sell-off with the money kept internally would be the best option for UKPIL, and I hope they do not reinstate the dividend too soon and instead invest in the company instead.

NED - RMG only has a 3% net-profit margin due to the excessively high labor costs, Hopefully, the new CEO turns it all around and improves the profit per UKPIL employee ratio back above 0.

Market selling-off in the last hour across the board. I am out of this now.@177. hopefully, it pumps again for all the LTH.

Good luck.

You were meant to post that under this account GZKID.

You're letting the side down much like RMG which is only up 2.65 %, Indicating outside of DK and the pension scheme it is a thinly traded market at 1.80 and above I just had to log out of my 11 other accounts, in an attempt to cover my tracks.

It could be a wise move staying out at this level, DK is freerolling here now after pumping and dumping Macy's,

I really hope the Board, Union, and Employees give him the respect he has earned. Otherwise, it could well be a sell-off of GLS, to finance the restructuring costs, and Shareholders will be left with a loss-making company, overpaid workforce, and powerful union.

The choice of a new CEO is so important right now, otherwise, DK will run rings around them. They need to break the bank and aim to get a world-renowned CEO. Aston Martin spiked 22 % the day it announced a quality CEO replacement.

The FTSE is really pumping today, Banks up 7%, and all the quality Oilies are slowly catching up. Just need Trump to get tweeting in the next hour and the spikes in Covid19 to drop around the world and the FTSE will hopefully retest 6500.

I agree with that MrNation it means the trend is still positive.

Unfortunately, some will have missed the opportunity to make a quick 5-10 % profit either here or across the board, from the lows on Friday or Monday. Instead preferring instead to devote Major Time to Minor Things, concentrating on the trees rather than the Forrest.

Duty calls, I must get back to 12 other accounts.

For the record, I was also @Fruitster, deal with it.

It looks like some of you had a productive evening from all the green I see, which reminds me.

Trump tweeted @3.30pm UK time yesterday about how the USA has the most advanced COVID testing facilities in the world, and the DOW has pumped 1200 points since then and is currently trading @26262 on the futures.

There is a massive gap up to 26,989 which could potentially be filled sooner rather than later.

The Nasdaq is still in wave 4 of a Hyperwave, so it's more probable than not that the last train to @MrNation's £2 predication departed the station at 8 am yesterday. I hope you all used your time productively did your research and got on board.

July 4th is independence day and Trump could hypothetically have the Dow back pre-COVID levels before the economy even reopens.

If it carries the FTSE along with it, this will break £2 before results day, after results day who knows it could swing 20 % either way.

The real irony is @Gzkid posted a link to a book, that contained a whole chapter dedicated to Liquidity Rallies and how the market recovered in 2008-09. How many of you bothered to read it? Instead, you prefer to waste time thinking 2 plus 2 = 0.20580498038603480.

Imagine selling the only commodity we can never replace - TIME, so cheaply.

https://www.youtube.com/watch?v=-gLs6YNnqZY

Off-Topic Does anyone have any good information about how to launch an IPO and/or a Crypto ICO?

I am thinking of launching a company called Teslo Inc along with the Teslo ****coin for those who cannot afford the real shares. If a stock like Nikola can obtain a 31billion market cap on the Nasdaq, with zero revenues off the back of Tesla, I am sure I can suck a few mug punters in with all the FOMO that is currently at play in the markets.

It's clear I am living inside people's head rent free, why not own a piece.

This site has an Admin department for a reason - Info@ise.co.uk take any queries up with them.

https://www.youtube.com/watch?v=MTPFFQw9xfk

@Scamp The only point I was trying to make is the 15th is normally the day the pension scheme buys its shares.

RMG is outperforming pretty much every UK other stock I either monitor or hold, outside of AZN but they have been oversold for a couple of weeks.

Sometimes making a quick profit is really that simple.

Long-term though RMG Is now trading at it's pre-COVID February levels, The decline from the December 13th high of @2.57 to the Feb 6th low of @168 had nothing to do with COVID19 it was due to poor company performance and issues with the Union. It then traded for a week or two around 170-180 before the markets tanked in March and it dipped to all-time lows.

Long-term the company needs a lot more than a high-quality CEO to turn things around it needs to spend £billions upgrading the facilities, and even then it will still be hemorrhage money in labour costs due to the demands of the Union.

Hopefully the pension scheme bought on open this morning and Stuart Simpson and got his 100 shares @168 and not @175.

@Scamp I'm not all the medical professionals I have spoken to are in fact expecting a second wave, the difference is they're much more prepared for it this time. Lockdowns will be inforced very differently for any second wave, in such a way that the economy can remain open.

The current problem with COVID19 is the virus in its current form is that it's almost like HIV in that the detection levels can go down to zero, but the virus remains in the system so the person can still spread it.

Whether it takes 12 months or 5 years the FTSE will eventually get back to pre-COVID levels and all the good quality blue-chip stocks will recover to there pre-COVID prices.

Enjoy your week.

Record spikes in COVID19 in the USA over the weekend and a fresh outbreak in China.

Hopefully, the Governments have learned from their mistakes and this does not lead to a full-blown wave2.

Friday's levels are back in play today, hopefully, they hold up.

Enjoy your week.

Perfect JB filtered, a simple yes or no would have sufficed, this is simple time management exercise nothing more, 80/20 principle. Thanks for the reply and I hope you make good on your investments in the long run.

This is not the only stock I have an interest in and getting drawn into futile off-topic conversations with people who clearly do not like me, or have too much time on their hands, or are too lazy to do their own research, is not a mistake I wish to repeat.

Watchlist Last Activity
USA
45 equities
June 12, 2020
UK
36 equities
June 12, 2020
Worldwide
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June 12, 2020

How about all those who recommended the posts that were negative about me, make a quick post in here, so I can quickly filter you out as well?

That way we can nip this in the bud once and for all and we can all move on and get back on topic.

At the last count that would be a minimum of 4 other additional people.

Only 3? @ispy had 4-5 for the nonsense he posted Friday.

It would great if they upgraded the software so you could see who recommended the posts, I actually give zero-****s what either of them posted about me and I have them both on a filter, as they add zero value to me.

I would though like to have the option of filtering the people who're clearly hiding behind their posts. so I do not make the mistake or having to engage with any of you either.

@SCAMP you make some good points and the role the union plays a huge role and that is something many including myself has misjudged in the past and pretty much the reason I trade the stock rather than invest here currently.

To be honest, @Scamp when the price was @137 in early April, I remember you calling it to go higher, I disagreed at the time and I got it wrong. The price traded in the 136 - 145 range for a couple of weeks then it broke out and that is probably when DK started to pump liquidity into the market, and the DK effect along with Rico's departure pushed the price higher.

@Oli that is a fair point, but you should have just reported the post, instead of fuelling the fire he intentionally started, had he not posted this morning I do not respond. He is a classic narcissist and you just did his bidding for him as he wanted, no one responded to his post yesterday and his ego took a hit so he thread ****ed here, triangulating his toxic energy and now he is probably trying to project his faults onto me.

I have him on filter now and see through him like a window and in 5000 plus posts he has posted nothing of interest.

@Scamp in a Liquidity Rally short-term company fundamentals mean nothing.

Go look at some Nasdaq stocks and see how they have been pumped to new all-time highs and unrealistic short-term market cap valuations in recent weeks. The same is happening in the UK and here on lessor scale, and if the pump continues into results day and / or the company announce a quality CEO the price could surpass £2.

Do I think RMG in it its current state is worth £2 - no, but when you have companies on the NASDAQ that have reported zero revenue with a current market-cap higher than established brands in the same sector, it highlights how much Liquidity is in the Markets right now.

Companies will not start reporting Q2 earnings for 2020 until August, Trump is up for re-election in the USA in November and in the lead up to that he will do whatever it takes to get re-elected and kick-start the economy and pump the markets.

If the re-infection rate for COVID19 is kept under control and there is no second wave, there is a stronger probability that the bubble will re-inflate rather than burst in the upcoming weeks and months.