Forgive my ignorance but I do not understand the correlation between the trade price, the bid price and the offer price on the last batch of significant purchases? Appears odd, but I admit to being no expert on these matters.
I am not a big equities fan much preferring property, which I think I can understand.
This might soar on Monday?
There again, it was only a few days ago I cautioned against second guessing.
Labour slogan Change. I wonder who thought of that?
Perhaps, Ch ange offers a clue? Did Keir miss that?
Do your own second guessing please. Thank you.
Every couple of months or so I update myself here. Why, because it owes me money.
I was fortunate to rid myself of my holding at an opportune time but I was still out of pocket.
I still cannot see any reason to attempt to balance my books with this share but will gladly listen to sound reason from more learned investors.
After holding this share for over two years my conclusion is there is no point trying, or reasoning.
I either sell, hold or buy more and see what happens. For now, I will hold. What might happen? Not a clue.
I hope your insights/instincts are superior to mine. I have given up trying.
Eccles04.
Thanks for your post. Perfectly fair comment.
I just feel the alternative will be no better.
Also, I help out with school fees which are already eyewatering and subsidise the education budget.
Have a good long week-end all.
After my "mistake" I am biding my time to buy into L&G. Circa 4.8% interest without concerns is quite attractive but I miss the excitement of a substantial equity exposure. I still hold equities but nothing to write home about.
It rather seems that Labour will gain office and with a substantial majority. What this means for L&G I will leave to more learned posters than myself. For what it is worth, despite what they say, there may be a wealth tax the way. Look at their proposals for VAT on school fees. The conservatives have let down hardworking and aspirational people, including myself and, probably you also. However, they will get my vote just to try and keep Labour out.
If, by whatever means, you make money, Labour will come after it and re-distribute. Be careful, if you can.
Your pension fund might be safe, the funds are held in trust. That is where I am building funds. Open season when you start to take benefits or exceed a likely new lifetime limit.
Not totally relevant to L&G so thanks for persevering.
I am not tempted to sell. Still remains substantially down over the last twelve months.
If it can rise so significantly in such a short period of time on no known good news if/when some positive news arrives then who knows what might happen?
Own research required.
This type of share can rise (and fall) for no tangible reason. I was lucky to extricate myself from Cloudbreak during a sudden price rise, based upon nothing. I hope to do so here. Not in the next few days, unless something extremely dramatic happens. My congratulations are extended to those (currently) in profit.
Whilst the recent rally is extremely welcome, anyone who invested 18 months, or longer, ago will still remain significantly out of pocket. Especially so if not averaged down. This is not a gripe, merely highlighting just how low this share sank.
I would be interested to hear the current views of "Savvy" and, I suspect, others would too.
Tambo210.
Thank you. Yes, big mistake.
Back in October, the world felt like a scary place and I was well in profit. Seemed sensible, but lesson learnt.
Slight mitigating factor, c4.8% cash interest with zero worries. But, still a mistake. Hindsight works every time.
Thanks again.
I sold a six figure holding in L&G last October predicated on the unrest in the world and other factors. I thought this was sensible but L&G was somewhat resilient. I would like to re-invest but will bide my time for now. Takeaway, next time I will invest and trust L&G. to deliver. Fortunately, I exited at a profit, but it was still a mistake. Live and learn.
This is up by c44% in the last month yet, the latest director deals, are still at a significant loss. No one knows how this share is likely to perform in the future. It is a pure gamble. Not sure it is voluble but there is certainly some hot air on here. Volatile, yes. I will retain my stake in Ceres and see what transpires, good or bad. If the directors cannot get it right what chance have we? I would imagine that most folk who purchased here a year, or longer ago, are way out of pocket. The fortunate few who joined the party later may be in profit, or incurring a small loss. I would say never try to second guess what this share will do, chances are you will be wrong. Sink or soar? Not a clue. Do your own research. Thank you.
It would appear these are again rising.
I seem to recall that, not that long ago, speculation was that short practitioners would be "running for the hills"
I still remain optimistic that a rally will come from nowhere, probably for no reason, and will allow me to exit without too much damage. If this does not transpire, then so be it. If you gamble, you have to live with the consequences. I only hope just a few gambled with funds that they could not afford to lose. Of course, due diligence is of essence.
Unlikely. Will most likely end negative.
Feels like an old boxer looking for a last payday just before the bell to start round number one. Full of hope over expectation. Knocked out before round number four. Walking back to his dressing room muttering how did that happen whilst his manager is counting his money. Reassured by his trainer with "not to worry champ, it will be better next time" the aged boxer thinks yes, I have one last fight in me. Ceres? Just a bit of fun MrProfit.
Actually, I hope it soars.