Member Info for tricky1276

Correction , should be --- @ 1727 pitched up -- ATB

Low volume until the 53451 " trade " @ 1627 pitched up at 1635. The trade was denominated " UT " . I have no idea what a UT trade is and having seen the explanation for it on the LSE web site I still have no idea what it is, because as expected the explanation was suitably amorphous . Interestingly it does state ---- UT execution can only take place at the days closing auction price . At 1629.54 this was trading at 17.35 as it had been for a number of hours. I often doubt the transparency of these markets . Whatever UT might mean it would be very easy to arrange a large trade between associated parties at any price they may fancy to fix a price. The years " low " on the 10th is entirely false that was an opening trade which very quickly reverted far higher as I stated in my post of the 10th. Still playing games.

Strange the way this has been trading not much volume today. I will never understand the mentality of some PI's a considerable number must have been selling this week near historic lows , forgoing the div and taking a loss.

Is it not possible that SGH are simply holding out for damning ( which I doubt ) result from the SFO farce ?

Could not agree more, and in the short term the large trade of+ £3m @ 1760 could signal an overhang satisfied and the start of an upturn. The dispute is hopefully over , and at the end of the month we have a div to look forward to . The market has got this very wrong.

Going to top up a sip next week. For a worrying time this was actually in the blue what a relief back in the red . Seems a dreadful risk to wait for 300 , but here's hoping.

Nice post gave us a laugh, and all as a result of an ununited Tory party. I never pay much attention to broker ratings , but it seems to me that the recent downgrades are to enable a strong div payer to be snaffled @ bargain basement prices. Cynical I know but that attitude has served me well. Less than 300 would be a unbelievable . A quick scan of the shortracker site confirms that there are no short positions open on SL. which is somewhat surprising considering all the apparent negative sentiment . Strikes me that the big boys have been plying a few gin & tonics with their chums at the broker ( downgrades ) department to enable them to go long. ATB

would think that yesterdays slight fall was the result of a general weak market and the possibility of the removal of first class carriages . Anyone who was holding at the time of the mild profit warning would surely have sold by now if they were inclined to do so.

Similar , I hold some here at a profit and will not be selling . I will also be looking to buy more on any further dips . I would be surprised if article 50 triggers a fall because it would not be a surprise we all know it is coming . You have to buy before the ex div date (13th April ) this is normally a Thursday ,so buy on the 12th or before. Bear in mind that the sp normally falls on the Thursday by a similar amount to the div but would then often recover quite quickly dependent on market conditions. ATB

CEO on Thursday spent nearly £50000 buying shares . Has to be positive.

Playing games here . The manipulation is plain to see , there is only one reason to open @ 1703 and that is to trip stop losses . obviously failed. The volume here is adequate but not large so this sp can IMO be manipulated probably by pi's taking out short positions. ATB

Seems to me that this is down more on sentiment than fundamentals . GOG are not the only rail franchise company with industrial dispute problems . Whilst not commenting on the merits of the dispute , the company appears to be merely trying to fulfill some of the terms of the franchise so I cannot see the government being too hard on them. Henderson according to the recent RNS have been adding they now own + 5% they hopefully know what they are up to.. Strong balance sheet and a div to look forward to . Bought some @ 1736 ATB

IMO just normal market reaction today , a bit of profit taking only to be expected . Strange day yesterday, traded in a straight line just about the whole day I guess the extra large volume swamped out any fluctuations. The only criticism i have seen of the deal is that we would be lumbered with two bosses and potential conflict of opinions Possibly valid, but I expect this to change quite quickly iMO the shared positions are in place to emphasize that this is a merger rather than a takeover. ATB

Liking this. ADN has been suffering for quite a time with fund withdrawals so the merger will be going ahead with the ADN sp at a relative low. The cost saving synergies as a result of rationalization will be substantial . ADN has a large presence in emerging markets ,so a criticism of SL. that it is too UK centered will fall away. I would think that the merger would have to be passed by the competition commission ( does that still exist ?)so it is probably not yet a done deal . Expecting some volatility / manipulation . Will be adding in the event of a fall , the div payable shortly will support. ATB

Thanks for link Troutman. I especially like the move into India , they make no mention of of the governments move to make pension offerings compulsory to all employees, as a captive market that has to beneficial to SL. Perhaps the market will wake up to the fact that the yield here is far superior to that found elsewhere , and the disparity is likely to remain for a number of years as a direct result of the governments cowardly QE policy. ATB

up @ 363 . This has pretty much tracked the index today , trackers etc doing their thing. Bonkers ,commonsense demands that this will be @ or above this sp around the mid April LDR. OK, that ignores the possibility of a shake down when Brexit is declared . But the div should support.

that this is rising just prior to the results on the 24th , if good we might be in for a re- rating.

Need to explain my investment philosophy in order to reply. It tends to be both simplistic and macro. Against all the advice in investment books I bought, about 30 years ago some very illiquid shares in an offshore market , most paying fair divs. The ( untouched till now ) returns on these investments have averaged + 15% annually in £ terms even after some currency depreciation . Recently after the Brexit fiasco they got a virtually 25 % eye watering overnight shot in the arm. The above investment was macro because I felt that I could let it roll for a long time ,and simplistic because I felt that the divs re- invested would produce a good return. Continuing the above theme it is my sincere belief that despite the threat of a rise in US. rates and inflation, that our government will continue to conspire with the BOE to keep rates at unreasonably low levels . I have stated my reasons for this belief previously , but there main concern will be to protect the oh so important housing market and the myriad indebted " consumers ". As a result of the above government folly the " market " should gradually re rate strong div payers like LGEN & SL. These shares IMO have a lot further to go. With regards to super markets i reckon there will be no let up for the tough times so unless they fall to ludicrous levels I am avoiding. ATB

Stand corrected , richred is probably correct . But the same general principles apply. ATB

They can be confusing here goes SSP the issuer of the RNS ( they appear to be a food company , don't ask me why they had the shares ?) held + 14.2m lgen. They disposed of some of the shares . The disposal took them below the 3% reporting threshold so they did not have to disclose the amount they retained. This system is set up so that large positions held in companies can be tracked . The positions are often held by hedge funds. There are various reporting thresholds i think they start at 3% then 5% upwards ( and downwards ) , not sure of the graduations above 5% . ATB