Member Info for Thedetector

Re reply to Tues 16.59pm.Prince.
Thanks Prince. I was referring to Amanda selling a big chunk recently as Whitey ( blanc-french -white). Has anyone got latest info on the fiasco of Aviva 'golden tickets' life insurance contracts owned by investors led by frenchman Max-Herve George.
The contracts sound barmy if true, some are saying that the liabilities could run into over a billion quid. The tickets could bankrupt Aviva if it all goes to arbitration, is this conundrum actually true, has some mad directors actually issued these so called Golden ticket contracts with unlimited liabilities.
I first heard of this frightening possibility a couple of years ago.Is it true that a guy over in France could actually be the full beneficiary of Aviva wholly un Golden Ticket contract.
Is it nuts or a real threat to us all . It is nuts isn't it....isn't it?
All the Georgey.

Why did Whitey offload over 300,000 shares cheaply recently.

They were yacking on about giving us dividends and buy backs 2 or 3 years ago. I only have a couple of thousand of WG shares now, did have 20,000.I was happy when I sold.
Dodged a bullet defo here.

Dividend have been mentioned way down in the results RNS. We ain't gonna get one for some time yet. They are determined to maintain a robust cash balance.
No mention of rampant inflation of costs and wages which will wipe out huge portion of profits for some time yet.
They will crave a decent offer for complete takeover to put them out of their misery of failure of a once great establishment. The board have failed Wood Group with attrocious business decisions.

All 'pie in the sky' this lot. I got out with 80% of my holding soon after the Amec Foster Wheeler fiasco. Should have sold the lot. The daft sods bought an overpriced corrupt company run by bribe takers and thieves. I dodged a bullet here.

Give Rolls Royce a looking over.

WG getting into the sack with Amec Foster Wheeler has been a disaster for shareholders.

Any one else share a view that DLG woes and divi cancellation has had an impact on Aviva sp. An improving outlook for DLG going forward would maybe aid AV sentiment.
all the Georgey to all.

Tinker, it means DLG are using a re insurance tool to limit future payouts to customers by sharing costing losses with someone else.
Downside DLG with this agreement in place will also on the flip side share at the agreed ratio profits too.

The whole agreement will make DLG a more solid company and may stave off insolvency rumours.
Rumours can kill a share price and even a business entirely.
On the whole I think it is positive news and will attract share investors who were hesitant because of possible insolvency issues surrounding DLG, even me for that matter,just topped up half an hour ago.
All the Georgey to all in here.

A single day without any hazbag news.

They like taxing our hard earned over and over again with paye,ni, vat, fuel taxes , savings ,it goes on and on .It is the same money. Keep as much of your hard earned from their greedy clutches cos your gonna need it badly when your bones start aching. Fill your boots with isa savings while we can ,one day you wish you had.

Maybe RMG could invest in a fleet of chilled vans and venture into grocery deliveries. Give Sainsbos and Tesco a huge fright.
If I was a director I would certainly give it a go with maybe a hundred vans to give it a go .Plenty of overtime for posties who drive and finish rounds early.
It would be great to see my local postie delivering my weekly shop in a RMG logo van . Gotta be worth a punt. Think I might send the board a memo ,see their reaction.. Watch this space.
All the Georgey to all RMG investors. Just bought in Friday. The rocket will be lit if takeover talk has legs.

RMG directors have been rumoured to be speaking to a possible Dutch suitor for the group. Anyone any info on this. Any idea whereabouts the sp would be for a takeout of shareholders.

Meanwhile on the AJ v Usyk bout, I think that AJ forgot his victory speech , decided to give it to us anyway, ran back to changing room to gen up on it cos he forgot it
Will Fury beat Usyk? Whadda u think?

Tinker,
I was very tempted to go into Cine with a lump before covid restrictions ended. The reasoning being ( following some experts opinion ) that Cine would be a fantastic recovery share. Nar I thought, my reasoning that plenty on minimum wages with kids would be hooked on Netflix and Disney, or just stopping in with beers post Covid.Big phew on that one.
I decided to top up on my Aviva and Lgen holdings instead.Got it right this time.
Best to all.
Thedetector.

Could be worse you moaning minnies, could be in Cine. I swerved a bullet there.

Crikes,stop whinging you lot.Aviva have added around 70p in the last month. They will be a fiver a pop soon if this mob in downing street can get around to accepting proposals from energy companies to a formula for energy price freezes BEFORE October .
Tozzer Sunak refused to talk about the formula for a freeze, he wants pensioners to die and everyone else to be very cold ( except his lot of course}.
Relax put your feet up whingers ,collect the generous divi and sell the lot at a fiver plus , just like i'm goona do.

All the Georgey to all holders.

Appendage to my last post dated 27th ( last friday}
I gave out some info on advantages of having shares in a share ISA account. Some advice would be that if anyone is considering opening an ISA account or even just thinking about share or any other type of investment is to make sure that the bank, company or any investor provider is covered by the FSCS ( Financial Services Compensation Scheme). and also to look into how the FSCS operates and what the scheme covers and limits of compensation.
The FSCS will compensate all or part of your lost investment if the investment provider goes belly up.
Best of luck .
Thedetector.

I agree with Gary.

Hi TT,
Great to see you finally agreeing and copying my thinking stream. Also using tangent gobbledegook speak again on giving nonsense about investors from over the pond.
Now for heavens sake stop whupping the nag cos he ain't getting back up. Move on. I have enjoyed our little bit of banter and thoroughly enjoyed whupping your ass.Great to see you come onside.
I am sure your investments that you mentioned will do well and be wise buys.
All the Georgey.
Your honerable Master
Thedetector.