Company now able to buy back shares - motion was passed yesterday. That's a louder noise than any delay in business. They will start to fill their boots, not daft are they... |
Thought that there was issues with the courts over the period getting stuff through. Large purchase at 4.05. But this share is pretty illiquid so I have faith. |
I can only put the reason for the drop down to the AGM update noting "significant reduction in the number of formal insolvency appointments compared with the prior year as a result of the support measures made available by the UK Government". So number of insolvencies lower than pre-covid hence the drop? I think people were expecting a slurry of insolvencies already... |
I can see her fall. But not concerned. Yeah maybe jumped the gun a little. But insolvency experts in these times... that could jump tomorrow. Or I am hoping it will!! Why get out at a loss? |
yeah the bad news is the share price ;) can you see it now. |
Haha. Cheers. I can wait till she comes back round. Is there some bad news coming? I can't see it.... |
Well done
I just sold and took the loss, ill buy back in at 80. |
Added today... sensible one for the future |
One wonders where the very public arm-wrestle between Johnson and Burnham will lead..... will Rushi be instructed to bolster his bail-out budget for another round?.How is this going to play-out for BEG and FRP prospects - more patience required? - or a lost cause? Time to tune-in to Andrew Marr?? Cheers, tightfist |
Question on dividend. Is that £0.0066 from FRP? |
An interesting view from this morning's paper:."Mr Sunak cannot afford to waste money but nor can he be hawkish too soon. The economic hangover from coronavirus will be a kind of long Covid; a hard climb back to normality that the IMF has called the "long ascent".Sounds like FRP may become a lucrative game of patience? NIAI |
Politics is only noise for the long term investor. Gives us all good buying moments but realistically in 10 years it will matter little |
Thanks bogman1. I shouldn't have raised politics, only gets people cross and highlights inconsistencies, but it is relevant for FRP in next few weeks. Defensive portfolio is a good thing at present. GL. |
Quite right, Here is not the place for politics but I hope I have already a defensive enough portfolio to withstand whatever takes place over the water |
Ive never voted for a socialist party or a liberal one in more than 50 years so do not judge my view of Trump as anything more than loathing for the man and his views and actions.
I am invested in FRP because they offer a service that should make good profits like any of my other investments. |
Spoken like a true Socialist. Yet here you are, on an investment bulletin board, attempting to benefit from the Capitalist system you clearly despise. |
Trump isn't interested in Western economies or cultural values. He's only interested in conservative America and making money regardless of how damaging the process may be. As for misunderstood, it's blatantly clear that he lies, takes enormous risks and alienates anyone or country that does not agree with him. Single handedly he's done more damage to America's standing than anyone previously. I just wish I could vote. |
Clearly we disagree on Trump, I actually think he's the most misunderstood, smeared, misrepresented President in living memory, but that's another story. For now, Western Economies (quite apart from preservation of what remains of our culture and values) need him re-elected. But in case he isn't, life goes on and you have to plan your strategies accordingly. |
Thanks mango excellent points, think they have to get trump out the door though whatever the cost... could present some excellent buying opportunities |
I'm keeping cash ready until after the US elections on Nov 3. If Biden wins, US Stock market and Economy will tank, & probably bring down UK with it. So I won't be buying any stocks in next 3 and a half weeks. On past form, a market panic fall will also bring down FRP with it and that will be time to pile in imo. |
Is this now at a buy level lads? Seems a great one for the future. Bought at 118 so considering topping up |
Hi BM, yes, bizarre! I suppose until Rishi's cheque book and account is exhausted, some patience will be required? Cheers, tightfist |
Bit like phase one, sometimes stuff just got priced down indiscriminately, should throw up the odd bargain or two. |