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Our priorities will be consistent: to serve customers well; operate with capital strength; and focus on driving shareholder value.” where is my sick bag - rule Britannia.
I think this may have something to do with it. http://www.policymic.com/articles/84677/to-understand-what-s-really-happening-in-ukraine-follow-the-gas-lines-on-this-map So relatively high risk?
BRWM has more than 800 Million invested - I do not think it will wind up soon. http://www.blackrock.co.uk/individual/prices-and-performance/investment-trusts/prices# Facts dear boy, Facts!
I bought a 1/3 stake in these today, just below 400, it could go lower, depends what happens in the next week or so. If things got really bad, price could hit 370? The divi seems reasonable, so I don't have a problem with a long waiting game.
I put in a limit order a while back for RSA for 90p - my target price at the time. The next day they crashed and because of an in-built systems delay on market opening I go them for about 82p. They rallied quickly, and I sold them at 90p, so a bit of a profit. Since then, we have seen the loss of the divi and a rights issue. So in my mind they are no longer worth 90p. I can buy a bank or supermarket at a book value of 1 or less and get a good divi. What will be the NAV of RSA after consolidation and when again will we see a decent divi? Hester has got his cash, when do the Shareholders see theirs? Until I get some clarity in DD Style - I am out.
The increase is expected to cost Ladbrokes around 20 million pounds a year and hit the company harder because it makes more of its profits from its high street betting shops than William Hill which has grown its online business more quickly. "Ladbrokes is most affected given the dominance of UK retail in its business mix. We see a dividend cut as unavoidable at this point and we reiterate our Sell recommendation," analyst James Ainley of Citi said in a research note. http://www.reuters.com/article/2014/03/20/britain-gambling-idUSL6N0MH29W20140320?feedType=RSS&feedName=hotStocksNews
Gerry - If I see below 110p before ex-div date then I will buy.
Perhaps a wait and see game, for me somewhere below 85p, together with some forward looking statement regarding re-instating the divi, slashing costs x-000 heads will role sort of message. http://www.fool.co.uk/investing/2014/03/04/why-rsa-insurance-group-plcs-growth-prospects-have-taken-a-hit/
Perhaps another one to pickup again at 52 week lows?
Perhaps watch metal prices e.g. Copper and also the discount when buying. Copper seems to have been hit big time in the last few days because of China, and this may also hit Iron ore, Silver is also looking vunerable? I will definitely buy again, though around 420-440, just waiting for the right opportunity.. I dont think there is a quick fix for the China situation, and their stock levels of metals, particularly Copper are very high. I bought RIO last year for 2600p, so I think it has a lot to give back, especially in a market sell-off situation. GLA.
Current discount out of average range, see Bloomberg brwm:ln, also Copper down big time, and could go further. RIO & BLT have plenty to give back? Glad I exited at 519.2p.
current discount is about 4% north of usual, together with a potential double-dip deterioration in te Ukraine situation?
I last held this at 400p and sold at 441p. it went back to 400p and I waited for lower, and it went on the current tour 500p+ range? Oriel is now quoting 400p, I will wait until then. Pump and dump again by someone? True value is relative?
I read that this stock gets demoted from FTSE 100 on 12th March, and many tracker funds will no longer need to hold it?, so the price might drop. It will be interesting to see what happens. http://www.proactiveinvestors.co.uk/columns/broker-spotlight/15477/broker-round-up-rightmove-tate-lyle-balfour-beatty-go-ahead-globo--15477.html
With the Pentagon announcement to shrink US Forces, and the unwinding of Iraq and Afganistan - how does the future look for this stock? I am also confused with the role of the Eurofighter and the UK decision to purchase the F-35?
Deciding when to sell is difficult, but for better or worse, I decided to take the money, At one point I was down 1k on my 15k holding, today I was up 1k so decided to take profits, I noticed when holding this stock over a couple of months, sometimes it was trading at an 8% discount and sometimes at a small premium? I may have missed an opportunity by not holding, but I intend to get back in certainly if below 460 is ever seen again and when I buy, I will look very carefully at any premium. Every time I hold a stock, I learn a little more about how it trades, and I find that useful to know for next time..
The situation re climate / floods exposure remains a current and future liability. above and beyond the lack of governance and management effectiveness 65 - 85p may be seen? - only then will I invest.
"JPMorgan expected the government to cut maximum stake size on casino gaming machines from £100 to £20. With machines accounting for half of bookmakers’ retail revenue, the limits would make a fifth of shops lossmaking and a further fifth barely profitable, the broker said. " - FT
With the possibility of a wider market correction, I have decided to wait. Some of the broker ratings, I have decided to wait (I tend to buy stocks at or near the lowest broker rating in a down market). The stock has held up well today.