Member Info for ThenShen

Wellingtons short position with Birg gone from the central banks register,hopefully good indicator .....

I reinvested into Birg ,but it was a close call with hawk tuah crypto .

Https://www.fca.org.uk/news/press-releases/fca-proposes-extend-time-firms-handle-complaints-motor-finance-commission#:~:text=In%20these%20cases%2C%20the%20Court,informed%20consent%20to%20the%20payment.

Volumes traded are tiny.

Wellington have a new position taken date with their short same quantity of 19 /11/24 changed from 12/11/24 previous - and then Blackrock sell again soon after !

Hi Stickshift,the Irish Central Bank website lists all significant shorts and has the Wellington short position date as 12/11/2024 for .50%.

Firstly Blackrock sell £100m of stock and welling go short for £50m,are these two in cahoots?

https://www.irishtimes.com/business/2024/11/14/wellington-bets-against-bank-of-ireland/

Close to the total UK military budget (52bn) which is about the same as the total PPI payout for all the banks!

We are down at least 1.5 bn on AIB equivalent so think the SP decline is over done.

Https://cardealermagazine.co.uk/publish/martin-lewis-says-car-finance-scandal-could-double-in-size-as-fca-extends-scope-of-investigation/309947

We must accept finite disappointment, but never lose infinite hope. - Martin Luther King, Jr.

I see also that the sage of omaha has dumped 10bn of Bank of America stock.BAC having a 4% stake in AIB.

Have you no life ? Imagine writing about things financial here.

BIRG LSE ,the men's shed of bulletin boards.

How can Biden handlers ever compete with that now iconic image by AP photographer Evan Vucci .https://edition.cnn.com/interactive/2024/07/politics/photographers-trump-shooting-cnnphotos/

"why would anyone sell BIRG prior to monday with an incoming 60c div ?"

Might suit someone with a CGT loss as opposed to paying tax on dividend.

The 60c being paid to shareholders could also be seen as defensive against any prospective European bank approach.

Interesting article in the Guardian a couple of weeks ago saying that many companies on the LSE felt undervalued.

Could it be that the same interest rates that are driving our profits are also contributing to a lack of inward investment in equities,why take a risk when you can get a guaranteed interest return?

We could work it another way-After dividends the SP should go down 60 cent to 7.5 euro ,with a billion shares, a 7.5 bn company making 2bn profit.Doesn't add up.

The 60 cent dividend is still built into the current SP so birg will get that as well with the buy back.

The notion that the SP has peaked goes along with the thinking that the Bank is going to sit on their hands and not do anything.

My Sunday miscellany would contain a mixture of the Ukrainian and Middle East conflicts.There is always a peace dividend .We are paying for 70,000 unfortunates from Ukraine that is a result of a NATO and Russia positioning.

The price of gold spikes on the 7th of October as the Gaza conflict starts stymieing equity investment.Radar alluded to AI systems,well seemingly this is how the Israelis are mapping their bombing of Gaza - The Henry Kissinger doctrine of not letting sentiment get in the way of national security.

Yep, just like every miss universerse contestant, I too wish for world peace!