Member Info for Trouts

I'm in a similar position, I got out in January at 172p (nursing a loss I'm afraid) as I really didn't like that update. Looking at the price today that was a good move. I've followed this share for a while and would consider getting back in again at some point, but I'm not seeing a lot of encouraging signs. Any chartists seeing a bottom to this fall?

... or maybe it's all just a load of jam!

In theory it's a trade off between money today (special divi etc.) or money tomorrow (same total dividends spread between fewer shareholders). Another consideration is would the SP be even lower without the buy-backs???

They have to raise 0.5 tomorrow surely? The BoE are sleepwalking into ever worse inflation.

While I accept that higher interest rates can add some inflation, not increasing them fast enough and to a high enough level has weakened Sterling relative to other currencies. The increases in price of imported goods (and there are a LOT of them) is a far bigger contributor to inflation. The BoE needs to get off their ars*s and act decisively.

Lovely Job! I've always been perplexed by "experts" who say "don't try to time the market". Judging by your analysis, timing the market would have worked perfectly. Some judicious selling when valuations are getting a bit fat (or the entire market is suffering from exuberance), combined with top ups when the price looks low works very well for me. I understand the idea that you risk missing out on great days, but I think we all recognise that contrarian feeling in our stomachs that tells us when things are a bit toppy or are ripe for loading up.

@alwaysone - This update wasn't flagged in advance on their investor relations page https://www.iqep.com/investors/financial-calendar/ so there is not much we could have done to prepare!

Half year results on 14th March... maybe somebody has been leaking?

Just taken a cheeky top up at 706p. I'll probably just keep taking small bites when the price looks attractive and see where I end up in a couple of years.

Funny how our politicians profess their desire to make the UK a technology hub; how R&D is vital for growth but then don't do anything about it. It's almost like they are being slightly deceitful!

No. It went ex-dev today so should be down by 5p to match it.

Have they all walked out on strike or something? Just out of curiosity, in that scenario would that mean the sales to force the drop where effectively insider dealing???

Yep, I'm in the same boat... in at 347p. Not a squeak out there as to what is going on today!

Is it too much to hope for 88.8p?

Tip: Avoid putting links in brackets, the closing bracket becomes part of the link and messes it up!

Yes, I've used Direct Line for both Home and Car insurance in the past. Never made a claim on any type of insurance in 35 years of paying out to various insurers. My Car is nothing special, nothing had changed and yet they have priced themselves out of gaining my renewal. I'm about as low a risk as you can imagine and yet managed to get insurance for almost half what DLG wanted. They seem to have some serious issues in terms of gaining and retaining market share, so I sold out of this stock at a loss. Better opportunities out there. I would consider investing again under a revitalised management team, so will keep an eye on it.

Steve, as this illustrates, the Citi analysts "know" nothing; neither do any of the other broker analysts. Your approach of talking to someone on the ground is far more illuminating than sitting through a PowerPoint presentation or running financials through black-box algorithms. Good old common sense and sticking to a limited number of industries (as strictlybricks does) can reap handsome rewards and help avoid some pitfalls. The analysts seem to get their fees regardless of how right or wrong they are.

So if Schroders didn't have enough to make that sale, then it must be from David Alliance. In which case, the total family holding will stay the same (if it's an intra family transaction) or go down.

@Elguiri - I agree, maybe we just have a nice sane conversation about the price of gold, pretend none of this happened.

I got 214.6511p at Barclays, but sadly only for a few hundred having blown my wad slightly too early at 249p. Ah well, it all brings my average down (seeing as my first buy was pre invasion).