Pace Plc Share Discussion Threads

[1gw] 28/7/2016 15:07

Terminated - I tried "market price" with TD Direct and there must have been a lag, because it was giving me an indicative price of $24.xx when the live price was $28 or so (but moving around all over the shop). So I abandoned the "market price" option and put in a limit order with a $27.50 limit and it went through pretty much immediately at $27.70. The nice thing is you specify the limit in $ so you don't need to worry about calculating the forex markup or any other costs in setting the limit.

So the TD Direct system seems to work reasonably well. Edit: I have no reason to think I wouldn't have got the true "market price" with the TD Direct system, but I didn't feel like chancing it given the big discrepancy between "indicative" and actual market price at the time.

[waggle] 28/7/2016 15:03

and therein lies the advantage of using spreadex/IG, the returns are tax free and the dealing is instantaneous.

[1gw] 28/7/2016 15:01

Managed to sell a fair few at $27.70 or £20.73 after forex conversion and dealing costs, through TD Direct (ISA). The equivalent of nearly 440p for Pace shares I think.

Very happy with that. Reduces Arris to a saner proportion (c. 15%) of my non-SIPP portfolio and under 20% of the overall portfolio. That still leaves me with net quite a few more Arris shares than I had from the Pace entitlement and still hoping to get a Christmas price for most of the ex-Pace shares.

[terminated] 28/7/2016 15:00

OMFG on phone to Selftrade staff trying to sell some shares because their system doesn't deal in real time, in that 15 mins the initial quote of £20.85 dived to £20.20. They don't have a effing clue. tin pot outfit.

[1gw] 28/7/2016 14:36

No, but I hold Arris within an ISA. No regular charge as long as I keep a fairly minimal portfolio value (£5100 by the look of it). I have a trading account linked to this (at no extra cost) but haven't used it for a long time.

[sikhthetech] 28/7/2016 14:35

Only today. ;-)

[bashor] 28/7/2016 14:34

Please hold onto a good gain today

[terminated] 28/7/2016 14:20

1gw, just experimenting with trade options on TD Waterhouse and it says I need to upgrade to an international trading account with a quarterly levvy. Did you have to do that?

[sikhthetech] 28/7/2016 14:05

Looking like a nice up start...

[beaubleep] 28/7/2016 13:58

Looks more like its going to open up 8.8%

[1gw] 28/7/2016 13:25

I'm hoping last night's $26+ (on more volume) is a better indication of where we might settle after the first hour or so. I also wonder how many of the holders of that 7m share mid-June short interest might be feeling like reducing their positions after last night's results.

A couple of brokers have added $2 to their target price this morning according to Marketbeat:

$33 (from $31) RBC
$32 (from $30) Needham & Co

[beaubleep] 28/7/2016 13:07

Currently going to open up 4.36% so I may be tempted to sell the ones bought in January

[terminated] 28/7/2016 11:14

It will be interesting to see how this opens today, how many brits will want to cash in a few now the shares are close to offer price when exchange rate is factored in.

[alexmcdonald] 28/7/2016 09:37

I know he was but he is not in the job today. Perhaps he could succeed Bob when he retires?

[jzingales] 28/7/2016 04:58

MP was pretty successful as well

[alexmcdonald] 27/7/2016 23:56

Dull but successful!!

[bashor] 27/7/2016 23:11

I just wish it was Mike Pulli running the show, Bob is sooooo dull

[1gw] 27/7/2016 23:03

Pretty good webcast. Look forward to tomorrow's open and some analyst revisions now.

[terminated] 27/7/2016 22:58

I've never heard so many Acronyms, to be a tech stock analyst you really need to be a geek.

[1gw] 27/7/2016 22:42

Brazil doing really terrible. That echoes a comment on the Technicolor webcast where they talked about multiple quarters to return to growth. Sounds like other international is doing pretty well though.

[1gw] 27/7/2016 22:12

Interesting - couldn't buy back shares in 2Q because they were negotiating the Comcast Warrant deal.

[1gw] 27/7/2016 22:02

Anyone else lost the webcast feed? Edit: Got it back by switching to Chrome.

[terminated] 27/7/2016 22:01

Cheers, I can't fault TD Waterhouse I might move everything there. To wait or to cash a few in, it is still on the up. Surely $28 is fair value.

[1gw] 27/7/2016 21:57

Terminated - yes. My sale through TD Direct on 8th July is stamped 15:43, but since I posted it here at 20:52 (and hadn't sold when I posted at 19:53) I think the 15:43 must have been local (NY) time. There was no stamp duty charged on the sale but there was a 1.5% forex charge. If you trade £25k's worth the forex charge reduces to 1.25% and there are further reductions with size of trade.

[bashor] 27/7/2016 21:42

With a following wind and a cut in UK interest rates I can now see £5 by xmas