Aa Share Discussion Threads

[kaos3] 29/4/2021 17:20

BARBARIANS AT THE GATE-story of ROSS JOHNSON-nabisco takeover

[investorgeek1] 06/3/2021 23:30

I got out as soon as the 35p offer arrived and went into Argo Blockchain and increased X8. AA is a dog.

[john09] 06/2/2021 22:24

And you still should btw

[john09] 06/2/2021 22:24

Please tell me there arent still people sat here 3 months on

You should have switched to STOB (Now ESKN) at 25p 👍 🤷‍a94;️

[sbb1x] 06/2/2021 21:28

Anyone that lost money here stick it on GKP it will double this year

[kaos3] 04/2/2021 18:17

It’s not that the regulators are in the dark on this. They are, in fact, handing out fines, left and right—both for illegal lending and for mismarking “shorts” and “longs” to evade regulatory scrutiny. The problem is that these fines pale in comparison to the profits earned through these activities.

[kaos3] 04/2/2021 18:16

Their MO is to short weak, vulnerable companies by putting out negative reports that drive down their share price as much as possible. This ensures that the shorted company in question no longer has the ability to obtain financing, putting them at the mercy of the same funds that were just shorting them. After cratering the shorted company's share price, the funds then start offering these companies financing usually through convertibles with a warrant attachment as a hedge (or potential future cover) against their short; and the companies take the offers because they have no choice left. Rinse and Repeat.

In addition to the foregoing madness, brokers are often complicit in these sorts of crimes through their booking of client shares as “long” when they are in fact “short”. This is where the practice moves from a regulatory gray area to conduct worthy of prison time.

[mrscruff] 28/1/2021 12:31

I am still in and relatively speaking doing extremely well this week!

What to buy? Capita, Lloyds, Stagecoach or Barclays? Perhaps all of them?

[mrscruff] 25/1/2021 14:32

I think we should have our money in Feb, lets hope the pound shoots up while we wait for the money. If you sold today and bought recovery stocks you are in for a month of pain sadly the virus fights back destroying recovery stocks!!!

[csmwssk12hu] 15/1/2021 12:51

Can’t believe I have sat on my AA money after selling yesterday and two other holdings having a good day ZAIM and ZNWD, today ZNWD up nearly 30%, wish I had put my AA money in there I’d have £52 now less fees!

[kaos3] 15/1/2021 12:42

wskill - thank you

PS - the largest buy of mine in the last 2 months is leveraged short EU banks which I intend to hold for a year or so. very speculative and for stupid (gardeners) only.

1. banks have difficulties to make sound profits in their basic business due to the low interest rates environment
2, most big banks are loaded with off the balance sheets SPVs and have huge derivative positions. one bank goes many go - as they are so interconnected
3. they have up to 20 % of own capital and in the covid environment write offs could be more than that
4. they must constantly refinance
5. up to 40 % of stock market capitalization are fin inst which produce mostly nothing
6. Buffett exited as well
7. fiat and the rest of the fin inst need a mathematical reset as it is late on the expotential curve
8. sociological perspective - erase big banks and history gone - like BBBC (or something bank - dirty money launderes)
9. banks almost never went bankrupt - they were (force) bought for 1 dinar - will it be different this time?
10. regulators are non stop giving hints about health, reserves building, divi prohibitions, deposit insurance limitations and legalities about it
etc etc

PPS - it is a bet on the market - DJI on daily has many gaps to fill to the down - easy way to first stop at 17.000 on TA. banks are a market proxy. leveraged. and DJI is topping. politically timing of the reset is great - one can blame the other, new infrastructure is in preparation for years

I need some money - I want to create a picture with the coloured trees and bushes that is a vivid ever changing picture. changing leafs colours makes a picture transforming over months. if I could plant it now it will be seen in 20 years - never seen it before - such a creation

[csmwssk12hu] 15/1/2021 12:37

No worries min

[csmwssk12hu] 15/1/2021 12:37

Tom depends I think it can take up to a couple of months but can be quicker sometimes, someone on here may know date but i sold yesterday not worth waiting anymore for me personally

[tom218] 15/1/2021 12:34

Anybody know when the full 35p payout arrives? Just wondering if its worth staying in for the the last 0.25p, would only be if its very soon. Thx.

[minerve 2] 15/1/2021 12:18

csmwssk12hu

"Min what’s your thoughts on ZNWD and ZAIM"

Two companies and sectors I know very little about. Sorry. :(

[csmwssk12hu] 15/1/2021 12:13

Wskill agreed these pe bastuards just load them with debt to fail, aa will be back but I will never buy again, better off with new companies small cap that the owners are trying to grow

[wskill] 15/1/2021 11:34

Kaos3 I have enjoyed your musings ,It was very lucky the AA board of directors were well versed in the PE shenanigans with all their past experience with these investors that seemed to help us a lot I don’t think.

The bid was timed to perfection at exactly the correct time when the refinance was required luckily the board of directors managed to see this and gave lots of extended time during the bid process so it was impossible to refinance of course they got opinions of some of the helpful banks that it would be impossible for the AA to manage this refinance.

The sceptics among us would think that the AA in common with all floated ex PE investments was set up to fail so another bite of the cherry may be had heaven forbid.

Do not think I will ever invest in any ex PE floated companies again this outcome seems to be a common theme with them,Well even better than a lot of them where investors lose everything like Southern Cross anotherof my failed investments.
At least I made a tiny profit here

Best of luck guys with your investments

[csmwssk12hu] 15/1/2021 11:33

Min what’s your thoughts on ZNWD and ZAIM, I have had both about two months and both on upward trends and both having a good day to day funny enough

[goblin99] 15/1/2021 10:53

The sector for all, Capita , Gfrd, BAB operate on very small margins. BAB perhaps larger margins because of their 'monopoly' on some of the work. CNA will be reducing debt with their sale(s) and paying off sone of the pension deficit. There are still many bargins to be had... it's a case differentiating which are one of the few winners and the numerous losers:)

[csmwssk12hu] 15/1/2021 10:28

From aa-z sold these yesterday, and two of my holdings ZNWD and ZAIM have awoke today! Not decided where to put the £40 I had in AA to work yet lol

[sam349] 15/1/2021 10:18

What a terrible experience with AA sold my entire holdings for just over £140,000 at 34.75 with a very tiny profit especially holding it for over 3 years. Bought IAG with the AA sale this morning, held for few hours and flipped for a £10,000 profit. Makes me feel a lot better that I no longer have to worry about corrupt and disgraceful AA BODs

[jaspoland] 15/1/2021 10:16

I've got my eyes on Capita to place some of my AA money following a previous post you made Wiseman. Already done 1 nice trade in that. I'm also looking at Ted Baker (TED). Still think this year is for PM's but as soon as we get ant signs things are getting back to normal expecting people to go mental on the spending front. Time will tell