What’s your big gamble? (Volume 4)
Discussion
Adam. said:
I thought you would
of course it depends on circumstances, if a director has a normal life ie house with a bit of equity, mortgage payments, school fees car and household to run that 200k salary might be 20k after life, so yes 10k would be material
if he has a 5m house, no mortgage, a fat pension pot and 10m of investments its not
I think scepticism in such things serves you well when dealing with the kind of companies featuring in this thread!of course it depends on circumstances, if a director has a normal life ie house with a bit of equity, mortgage payments, school fees car and household to run that 200k salary might be 20k after life, so yes 10k would be material
if he has a 5m house, no mortgage, a fat pension pot and 10m of investments its not
Without getting into the weeds on what material is defined as, £200k gross works out at £115k net assuming no deductions. If you are in a position in your career where you are running companies on for this kind of salary, and you worry about a 10k share purchase you probably aren't the director I'd want to be backing anyway. Time and again, purchases like this have been spoofs to pump the price and keep the lights on - for me, it needs to be more to make me sit up and take notice.
petemurphy said:
Amazingly I didn’t have cine!
Good job 
GGP broker note, +1p to 18p - https://sprott.com/media/5604/220819-ggp-scp-mre.p...
g4ry13 said:
ALawson said:
petemurphy said:
Amazingly I didn’t have cine!
Managed to avoid that dog! 
t hit the fan. Did they not just raise capital again lately?
Phooey said:
Either way, lack of directors buying is not painting a positive spin on the stock. It's great coming on interviews and saying how excited you are for the company etc, but unless you/they put their money where their mouths are it's the usual hot air / decline in SP
Looks like Newcrest's decision to decline the offer of a further stake in Havieron has investors dumping GGP stockMikeStroud said:
What with inflation, war, upcoming recession, possible power cuts this winter, strikes, fuel cap increasing etc... I think its time to short the FTSE.
The UK indices are fk'ed IMO. I put a lump into VMID (250etf) in the March lows.. thought it was maybe the bottom at about 19000 but sold a few weeks back for approx +5% as I just don't think in general the companies within the 250 are going to ride the ststorm without more pain. If we see 20000 again (and hold, not just touch) in the 250 over the next 12-18 months I will be amazedMikeStroud said:
What with inflation, war, upcoming recession, possible power cuts this winter, strikes, fuel cap increasing etc... I think its time to short the FTSE.
need to consider who is in itlots of global companies (so SPs do well when GPB is weak)
and lots of FTSE is energy, oil, banks, pharma, tobacco - good defensive stocks
short NASDAQ instead?
Skyedriver said:
THG
I've hung on and hung on to this bucket of cack waiting for a sale or buy out or whatever but at 58% under I'm thinking I should have abandoned a long time ago if I'd been sensible.
Anyone else still in and holding?
Me, but I also hung on to Boohoo and that is just as toxicI've hung on and hung on to this bucket of cack waiting for a sale or buy out or whatever but at 58% under I'm thinking I should have abandoned a long time ago if I'd been sensible.
Anyone else still in and holding?
Skyedriver said:
Hanging on until the bitter end?
Keep thinking of abandoning it, but there's always a chance the sale or whatever may happen.
Or it could dwindle to nothing. Or do a TED.
Should have jumped ship ages ago, or better still not bought in in the first place.
Yeah I have basically written it off now, will let it play out and see what happens I think! Keep thinking of abandoning it, but there's always a chance the sale or whatever may happen.
Or it could dwindle to nothing. Or do a TED.
Should have jumped ship ages ago, or better still not bought in in the first place.
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