Member Info for Trouts

Rookie1

Try ringing their fraud line on 0800 318 665 rather than customer service. They tend to answer that one. You can tell them someone in Barclays has fraudulently frozen your bank account! ;-)

It doesn't mean a single person bought a million shares. Think of it as balancing the books at the end of the day, for all of the outstanding bids and offers on the order book at the end of the auction period. It appears as a single trade, which it could actually be, but it is far more likely to be lots of smaller trades.

I hope you're right! I figured when I bought in that the 57p rights issue price from a while back would act as some kind of support, on the grounds that very rich people like the Alliance family don't invest millions in duds. The losses they are sitting must be enormous, which is not really much consolation for my own losses. I wish the company would put out more regular updates, we haven't a clue how trading is going coming into this key part of the year.

Owning this share has been so painful. Bought in mid 2021 at 50p and thought about ditching it this January (missed this years peak but could have got 36p shortly after). So here I am, still holding and not completely sure what I am holding for. What is going to turn this around? What is going to happen to make me not feel like a complete chump for still holding this? Anyone got any words of hope?

@LWHL - Do you mean SDRT? I'm not sure a land tax would have much effect on investments!

I think it's an interesting idea to make the extra subscription allowance applicable to UK shares/instruments. Trouble is, how do you measure it? Let's say I put £30k into my ISA, spend £10k on UK shares and £20k on US shares. If my US shares go up to £30k and my UK shares fall to £5k (let's face it, this is pretty much what has happened in the last few years) am I now breaking the rules? If I sell my UK shares do I now only have to buy £5k of some different UK investments, or back to £10k? I can see a lot of problems administering that over many years.

Lol... Did you even read what you just copied and pasted? They are "temporarily pausing" welcome offers in the UK. That is not the same as "stopping activities" as you say in your click-baity heading!

This testaccount is done!

Ooh, a rare mistake from Rivaldo. The Cumbria article was a good find, but the actual line from the story is

"I'm not sitting here thinking I want to be a £1bn enterprise in five years,” says Anand.

It's a small slip, but changes some of the meaning significantly! Still a good acquisition though... onwards and upwards!

Dividend cut has changed that. Prospective yield is around 4.1% (depending on a few assumptions and who you ask).

Yes, things are looking very positive. I am normally wary of AIM companies as their managements can sometimes be a little reckless, but RNWH seem to be a very steady outfit with a sound strategy. Being on AIM is possibly another factor holding back the SP, as many people look at it and lump it in together with general construction/housebuilders and treat it as being subject to the same cyclical factors. The focus on infrastructure (which lets face it, the UK is in desperate need of improvement) means the business and it's market is actually in a growth phase at this time, not contraction. It will almost be a shame when it inevitably gets swallowed up by some huge predator, losing it's unique edge.

Lol! No, but some would argue I'm rapidly heading that way! My point being that higher prices will limit consumption as we scrabble around for alternatives or cut usage of oil. It seems a little reckless for the Saudis to strangle demand rather than manage it carefully by keeping us all on the hook. $80 - £90 a barrel seems about the right level to keep demand up while filling their coffers. $100+ is a risky strategy.

Yes, I think so... The Saudis seem determined to kill off interest and demand in their only product, so oil usage will fall as people and business switch to alternatives where possible.

*sigh* Think yourselves lucky... still no sign of it on Barclays "DumbInvestor". I've also been waiting nearly a week for a Glencore divi to be paid. They really are the worst!

I'm currently going through a transfer of my ISA and SIPP away from Barclays. Delays in payment, ever growing %age fees, mistakes in processing SIPP contributions... the list goes on. I half expect to be penalised for having the temerity to leave them by even later divi payments!

Still nothing on my Barclays "DumbInvestor" account. I have had to speak to them several times already about my transfer out and not once has anyone asked why I'm leaving. Speaks volumes.

Alas, I am currently in the process of transferring away from Barclays "DumbInvestor", so I expect everything to take ages from now on.

Hi Gary

On your thoughts re: banks and housebuilders - I do hold shares in a couple of banks (BARC and NWG), but recently read an interesting article on the "Heads They Win, Tails You Lose" history of people running them over those of us owning them, so I'm beginning to question those holdings. I think housebuilders make good sense, especially at this point in the cycle. The UK is critically short of housing, so the demand isn't going away, but the builders' prices are looking a bit like bargains at the moment. Have a look at the Redrow and Persimmon boards for some interesting comments, particularly from someone called StrictlyBricks - he has a different approach to investing and stock selection which I quite like.

It's all a lottery at the end of the day, but it sounds like you have a solid base so taking some punts at the low point in the cycle could be fun and reap some good rewards!

Good luck with your choices.

Hopefully Mr Market will be very forward looking on this share, as that H1 performance was pretty bad! I'd love to see the internal forecast that is turning a profit by the end of this year.

Price targets to Leicestershire??? That's one helluva autocorrect!

18th September for the half year results. https://www.thephoenixgroup.com/investors/financial-calendar/

Erm, the only UK data released today was the PMI Flash Estimates at 9:30. If you're referring to the Mortgage Application data released at 12:00, well that was from the USA! Shocking it may be, but I don't think it will affect Persimmon much. Good luck with that short!