Member Info for Tune1

Final Payment Date for Dividend is Tuesday 19 May 2020.

Agree with you Volcano, although not sure which way it may bounce after the results tomorrow. As one of my Fridge Magnets advises: "Keep Calm And Have A Beer"

Welcome scampthedog. I and many other Posters on this Board are the exact opposite of "new on here". I have been in since Day 1 of de-mutualisation all those years ago and like others have witnessed a roller coaster of financial emotions so far as SLA is concerned. I wish I shared your optimism about its position in 2020 post Brexit. We may well see the occasional spike but so far as 450 is concerned, my Jury is out! I have said many times before that SLA is a Plodder but a very reliable Plodder to have in your Portfolio, certainly so far as the Dividends are concerned.

Yes, I too am a little mystified about the drift south, particularly given the Dividend and the Yield nudging north. But I am not unduly concerned. It is getting close to the level when I last bought a wodge back in February. I don't believe the drift has anything directly to do with manipulation but probably more to do with the global economic slowdown, Donald Trump's Trade "War" with China and the uncertainties surrounding Brexit.

".....everyone on great wages ,great pensions and lovely cars on expenses"? How you know that? One angry person. Only rule of any Investment, values go down as well as up. Nuff said.

Like you, I thought it was a strange posting from Love_You, hence I refrained from replying. Given that he/she has nearly 1,00 postings, you would have thought he 'd/she'd know that SLA Share Chat Forum is designed specifically for that purpose. Annuity Calculators are OK as an indication but the advice I would have thought was bleedingly obvious is to get advice from an IFA.
Back to SLA. Could well be a long slow road to recovery. Much going on behind the scenes but I am fairly hopeful it will continue on this path.

Hmmmmm. Not sure I either follow or understand the logic of repeating headlines on what has already been reported today on SLA Live RNS on SLA Share Chat.

Despite the very welcome Final Dividend a couple of days ago, I was always under the impression that the Price of a Share is determined by some Investor's desire to purchase; and other Investors to Sell, and it is the movement in the balance between the thinking between these two types of Investors which are reflected in the SP. So can someone (anyone) explain to me why, just looking in isolation at todays trade in SLA Shares, the SP has dropped by nearly 2% when the number of shares purchased were nearly 900,000 more than those sold. Any thoughts, views, opinions etc.would be welcomed.

Afternoon SUFCESSE.
I wish I had your soothsayer skills, as I am quietly impressed with your predictions. I'm a retired Old Git but did double my Investment in February when SLA Shares were at £2.32. So no complaints from me, especially the Dividend due next month which will more than pay for a "Lads Weekend" away somewhere in Europe. All you need to do now, assuming I'm reading your "handle" correctly, is to direct your sage thoughts to ensuring that Southend Utd avoid the drop in to League 2.

A big "Thank you" to those who have posted and offered what I consider to be plausible interpretations of the above Subject Matter.

Dear kenny100,
You always seem to post in cryptic riddles. Please enlighten us '000s of uncomplicated Investors precisely what you mean by "Divi %"

Many thanks Pokerchips for 3 excellent postings. It sort of brings issues into some sort of focus and perspective as to some of the possible reasons for the drop in SP, as well as where SLA may be heading in the next few weeks and months. The Timetable is particularly useful and it will be interesting to see then how the Dividends will fare. BTW I did purchase what I consider to be a big wedge of SLA Shares yesterday because I think that at its current Price, this was an opportunity not to be missed, despite what is going on behind the scenes. No need for squeaky bums at this juncture!

Gentlemen,

I am a quiet inoffensive Shareholder and have been since floatation. I am considering purchasing more, if only for the Dividends. In this respect, the points raised by edben are both valid and worthy of consideration. But please let not this BB go the way so many others do and in virtually all walks of life. by throwing Brexit into the mix.

Other Posters have no doubt also said this, but I also advised about not listening to so called "Experts" on this BB on 10 Aug. Here is what I said then, and despite the very choppy waters SLA are currently going through, I believe the sentiments are as true then as they are now. A stroll down Reminiscent Avenue.

"My advice, and it has carried me well for many years, is NEVER listen to "Experts". Whilst there is an obvious temptation to ‘chase markets’, a balanced investment approach that provides diversification, scope for capital preservation and appropriate exposure to risk is more likely to be in the best long-term interests of an investor." And as my Wealth Management Company advise, “the summer holiday season should serve as a reminder to investors of the value of doing nothing, since it is time in the market – not timing the market – which helps deliver the best returns. The less investors are tempted to chop and change their strategy in response to market noise, the fewer mistakes they are likely to make, and the greater their chances of compounded growth". Can't improve on that!"

Like you, it sort of concerns me that the BOD have been very quiet, given that the SP has halved in just 12 months. And this morning, yet another SLA Board Member has gone. Whether the merger with Aberdeen was the best move or not is now irrelevant. It has happened. But are we now living with the consequences? I seem to recall following 2008, Lloyds Banking Group bought out HBOS and the former hadn't done all their homework. Or I may be wrong and have started a heated debate on this BB!

adv11, thank you for that. Only time will tell if SLA can come good again. I believe it will but not in the short term. Also, I hope your SLA cash materialises soon.

Just purchased the difference in volume between the Shares I originally held and those "lost" as a result of the consolidation to bring me up to my original allocation (at a net cost to me of £45!) and notice that it is showing as a "Sell" and not a "Buy". I am sure this happens a lot. Any explanations?

Not so sure I buy the analogy but today's RNS announcement re Sir Gerry's impending departure (my Boss some decades ago!) is of interest. So far as the imminent arrival of additional finance into our Bank Accounts is concerned, I intend to maintain the status quo and re-invest it into SLA at some time in the (very?) near future. I just hope future dividends live up to their previous expectations! Only time will tell.

I re-invested my capital return in 2015 back in SLA and, should the market conditions be favourable in a few weeks time, it is indeed an option to do the same again. As you say, an attempt to maintain the status quo.

First time I have ever posted on this BB. To all those invested here, I have substantial (as far as I'm concerned!) investments with St James's Place and have since 1995 and never regretted it for one minute. Ignore all the "Tipsters", "Predictors" "Tippers" and "Ratings". Simply invest in a Company that you can trust and let these Guys do what is best for your investments. That is what St James's Place is there for and they have never let me down. That's it. Put simply.