Member Info for Trouts

A lot of A trades going through, which usually means someone is building a position programmatically. A huge bid would really make my day as I'm b@lls deep in this one! To be honest I'd be happy if it can just set a new floor around this level.

That one letter makes a world of difference!

Paying off the mortgage and owning your home when you retire is essential so you are not at the mercy of the rental market whims. I've just joined the "no mortgage club" in the middle of last year and the extra flexibility it gives is amazing! I'm able to stuff extra money into my ISA and SIPP and build a big savings cushion. Hoping to retire in about four years - according to my big spreadsheet covering pension incomes, investments, outgoings, inflation adjustment etc. I'm on track!

Talisker and Lagavulin are my two favourites of their stable. Not tried "the Singleton" yet, the advertising put me off somewhat. Any whisky drinkers here tried it?

@Meconopsis - I think your final worst case number is a little high assuming the outcome is a "refund" of interest rather than any penalties. Do we know how many years this practice spans or the FCA are investigating?

I still maintain this is very different to the PPI problem, where people were sold an inappropriate product. This is more of a commercial issue - unless there is a government prescribed APR for all such loans/finance, the supplier can charge what the h3ll they like! The punter doesn't have to take the offer and competition should ensure that nobody gets away with too high an interest rate.

Welcome to the sunlit uplands!

I've just bought in here via II at a tad under 73p. Predictably, my buy appeared as a sell on LSE! I have owned these previously and got out at 96p. Fingers crossed that the slide will stop, although I have no special insights here.

Maybe to make a claim, the consumer should be asked to demonstrate the other finance options they considered at the time... "Oh, you didn't? You were offered a finance deal and thought, fair enough I'll take it. Give me my new car now!" Kinda tough then. Nobody charged hidden fees or made the customer pay for something completely useless (like the PPI issue). If an offer was made and the punter signed on the dotted line, that's the end of it as far as I'm concerned!

Also, reading the different descriptions of the FCA investigation, it sounds like they are investigating the brokers primarily (i.e. the car dealers). This is very different to the PPI complaints where people were "mis-sold" an inappropriate, or in some cases useless, product. The punter needed finance, they were offered finance at a price, they accepted that finance. Are we responsible for nothing on our lives now?

Hmmm, looking into this it could present a problem. Whatever happened to the principle of "Buyer Beware"? Surely consumers would investigate alternative sources of finance for such a large purchase (like an old fashioned bank loan)? If they just want the convenience of taking what the dealer offers them and are happy with the repayments, where is the problem? I guess the FCA have to keep coming up with sources of income for ambulance chasing law firms.

Ever get that feeling that everyone knows something and you're fumbling around in the dark? I can't find any news out there that could prompt such a large fall. From around 785p on Wednesday morning it started slipping, then yesterday afternoon such a dramatic but weirdly steady fall. Not a single event drop, just relentlessly down. Has anyone found anything out there to even begin to explain?

Highest two holdings I can find are:

Silchester International Investors LLP 19.5% 101,567,653 shares

TA Associates Management, L.P. 16.1% 84,115,278 shares

Next highest is just 6.21%.

I've bought in today at just a tad over 73p. Just dipped my toe in to start with, but I've been following this for a while and think either management will have to turn this around or it will be bought up at a higher price than this. Fingers crossed this will turn out to be one of those rare occasions where I actually bought at the bottom!

Are you running the US version? I can't find the Sunset edition for the UK anywhere :-(

I'd take 156p tomorrow! Alas, that would mean the end of the gravy train for the BoD and much of the management team, so they would want more.

Plus the dealing charge and the stamp duty of course... The dealing charge I can forgive, but the stamp duty is a really irritating market distortion. It really makes such manoeuvres difficult to execute successfully, just another nail in London's coffin I guess.

Just sold my 23,000 shares. I'm so disappointed in this but just feel that even the meagre leftovers of my investment can make money elsewhere. I hate selling for such a chunky loss, but I have to face reality, money here is just dead money that could be working elsewhere. Good luck to anyone who still holds. I genuinely hope for the best come the January update, but fear the worst.

I think it's spelt Touché ;-)

... and so following that idea through, buying a brand new home will suddenly look very attractive compared to paying an inflated rent to a greedy landlord, offering no security in your home. I hope the big housebuilders start to ramp up production in the coming year so that there is plenty of finished stock to sell to willing buyers.

So Entain are having to hand over significantly more than the current market cap of 888! Ouch!