Member Info for Thedetector

EMMJANE.
Interesting comment on options.Spread betting I looked into and very few make profits on this system.I have mates that have had big losses on spread betting as losses need paying on certain timescales.It is not for me.
I have sort of hedged by bets by topping up my Lgen holding on opening this morning with an amount equivalent to return of cash from consolidation.If my lgen shares increase in value before I receive returned cash all well and good ,if Aviva sp deteriorates somewhat then I will add more Aviva equivalent to returned cash . If Aviva have a big rise then I will hold said cash until a good buy in opportunity arises.
I decided to top up on lgen because I really fancy them to do well as I reckon the sp is far too cheap.
I am a man with a plan. But as the book said...Of Mice And Men by John Steinbeck. Best laid plans and all that.
All the Georgey.

Thanks. Good clarification of this smokescreen by Whitey woman.

Divis are not cash in hand or guaranteed. They are pie in the sky until they are paid,as we have all learned the hard way with this thieving government ordering companies to cancel divis,as we have seen during covid con.
My ma always taught me to take the bird in hand and forget the two in the Bush.
All the best.

There is a glaring flaw with this sleight of hand return of cash consideration agenda.
In the event that the share price rises in the near future, any investors that intend to reinvest their returned cash will have to pay more per share to replace shares taken off us AND incurring extra buying costs.
I would have preferred a straight honest special divi of return of cash. It would have boosted sp on announcement and thus avoiding this obvious smokescreen of giving us cash.
I have topped up on my Legal and General holding this morning thus an attempt to secure any rises in ftse.
Best of luck to all of us.
All the Georgey.

I don't think the b shares will be issued but retained. Cash will be added to your account automatically on due date. The b shares are not available to trade. It is all a clever wheeze by Whitey woman to get surplus cash off the books.
Check current RNS for payment date.

And as it seems, there is no such thing as a free lunch.

There is a divi to factor in of 14.7p due in a few days. Most of prominent companies sp's have performed poorly recently.No matter what anyone held will have lost recently overall in any portfolio. If shares did not go up and down then it would be difficult to get in cheap as we say to make some cash. Aviva has held the fort well during this crisis at the moment.
Any hint of a resolution to the Ukraine crisis and I expect the ftse 100 to have big gains .Aviva and others with excellent divi returns will do exceptionally well.
I reckon Aviva to be worth at least a fiver a pop and will be holding for this target.I also have DLG and LGEN in my portfolio. I expect these to do well also with great divis to pay me until they attain my price targets.
Everything will work out ok as long as you own quality.
As in life we get what we pay for.
All the Georgey.

But is topping up going to attract costs.

Buy Legal and General instead. I Just have. Will hold my remaining Aviva for the long run.

It wall all baked in after they announced consolidation program. Consolidation in this instance is a sly wheeze by Whitey to get chunks of cash off the books after funds raised due to a series of business assets sale of Aviva.
I would rather they had issued us with a straight simple honest special divi we all deserve.
Is making Aviva a more lean operating machine an attractive proposition for a take over, I hope so. Maybe this is Whites agenda.
Any way I will be reinvesting my cash return. Divi is great. Any whiff of a take over will set sp off like a rocket. Onward and upward.
All the Georgey.

Yes indeed hoggy. I am not taking any notice of this downgrade that also ups target price.
Aviva worth well over a fiver a pop all day long. A bit of patience needed here. All will be well.
All the Georgey.

I'll be out too..
£300 a share and I'll be a bloomin multi millionaire.

VD235
I never suggested I was hoping for riots. My reasoning for substantial unrest is that we have multiple huge unaffordable gas and electricity charges charting to the moon coming down the pipe before years end.
If nothing is done household's and businesses are going to the floor. Prices of everything will skyrocket out of control. A supernova global recession making 2008 crisis appear as a dwarf star in comparison could be on the cards.

I was lucky in that I could invest in fallen shares at back end of 2008 banking crisis and made a few quid.
I don't want to be too much in this year and get sucker punched by a huge market correction as in 2008. Be careful yourself mate and play it careful this year.
We have both had a pop at each other so that makes us square. Best of luck with your picks.
All the Georgey.
Legrandestdick.

Yeah, Pig. Clint one of the greats. Loved him in the pasta westerns. The scene when he dons a home made steel bullet proof vest and keeps climbing up of the floor still lingers in my mind,the movie 'A fistful of dollars'.
Best of luck Porky.
Lgen to 3 quid and beyond then even I don't give a damn.

VD235
No, b and w movies too old for me.Seen Cagney in 'White heat'. "made it ma, top o the world" comes to mind.
"you talkin'to me?" De Niro, Taxi driver mid 70s maybe. Good film. Go on VD make my day, stick to winding up that chiming clock.
Financials a little bit better performing today. Out of favour yesterday. Anyone any ideas why.
Thegrandedick.

The punk who is using the dick term.

You talking to me, punk.

I too also agree with a lot of your comment too. These Connie's and the guy with the fez always said they were always going to ensure that work would pay. It seems that the only guarantee they are giving is that work for millions of us ain't gonna pay the bills.
I predict riots before years end. Ain't gonna be pleasant.

Plenty getting free everything. Just tune into PM questions on Wednesday's at 12 noon you will see em all there freeloaders the lot of them. No heating or eating choices for them.

Shares and markets are always up and down like an April brolly. They have ridden wars multiple recessions in the past 100 years. The markets always focus on a singular event so it seems. At the moment it is eying the potential of a Russian Ukrainian peace deal. If this works out OK the the focus will be back on the economy with our idiot chancellor who would be suited more with a red fez and a pack of fixed cards.
He the guy with the fez thinks he has pulled the wool over our eyes with his bizzare tax giving mini budget that has ensured that more of us will be in a horrid place deciding between heating or eating and old folk freezing to death swathed in blankets.
Let's hope he is forced to give us back more of our hard earned to save the day. I think not, he seems to think that levelling us down to India poverty levels is his agenda.