Rathbones Share Discussion Threads

[byrdsong] 04/9/2002 16:06

also big sells today

i decided not to short cos of results tomorrow, where rat management will look forward to ftse 2000 and still be positive on the future.....

[m.t.glass] 04/9/2002 13:50

Three MMs have cut their prices within the past 20 minutes, after not moving for 4 hours...

I'm away tomorrow so daren't hold a position unfortunately.

No related movement today yet in CLDN

[m.t.glass] 04/9/2002 09:20

Suffering ahead of results after Schroder's bad ones yesterday..
(Ed: like mathewa already said elsewhere I see) (And to whom my thanks for so many good shorting leads)

[alexx] 29/8/2002 10:24

wow, look!
victory for the sell and hold policy

[m.t.glass] 09/7/2002 08:28

Rathbones announces the acquisition of the following
companies, all of which have, over a period, introduced investment management
clients to the Group.

Alphabay Limited
Artcrown Limited
Cedarpower Limited
Meronbrook Limited
Skychart Limited

Total £11,080,584


1,033,693 5p Ordinary Shares have been issued as part consideration in connection with the acquisitions.

(see RNS item )

[byrdsong] 05/7/2002 00:37

MTG

Knew u couldn't resist it!!!!

[m.t.glass] 05/7/2002 00:16

That slight downward price change has prompted Cantor to bias their spread downwards, so quoting 689p to open a Sept short. Any further fall will bring quotes into the sub-£7 narrower spread range.

I'm in with a tiny short for now.

[byrdsong] 05/7/2002 00:11

alexx

That's right. There r some probs people have been reporting with their roll overs when u r long - so u need to keep an eye on it. IG blame comp problems. There is no effect from interest rates as far as i can tell. They simply take the bid/offer and add their published %.

I find them a lot better than weekly bets and after a period when i only traded cfds I now am now spreadbetting again much more.

off a bit this am.

[byrdsong] 04/7/2002 13:13

MTG

lol!

[m.t.glass] 04/7/2002 13:00

I hope you aren't suggesting that I am swayed by BB chit-chat. I'll have you know this was a decision based on deeply serious analysis... which I shall be doing very soon.

[m.t.glass] 04/7/2002 11:57

And for further comparison at current market price Cantor s/bet addition would be 9p fq, 7p nq, 4p fw, 3p nw.

£7 is a priceband threshold with Cantor, beneath which those additions would drop to 7p, 5p, 3p and 2.5p ...so if successfully shorting your exit spread beneath £7 would incur those lower added spreads when covering.

Eg: A far week bet today will be quoted at +4, and if closing during next week below £7 would be +2.5p

[alexx] 04/7/2002 11:27

BYRDSONG - hadn't realized such a thing existed, so your in and out cost would be ( with this morning's prices as an example ) sell at 698, buy 712 ( cost 14 ), mine would be sell 703, buy 722 ( cost 19 ) but I get 7.5p interest if I hold for 5 months
your deal looks a bit better?
any interest involvement for your method

[byrdsong] 04/7/2002 11:00

alexx

I've got a daily IG short on rat with automatic rollover with a 4 pt spread on top of mkt spread. IG's sept s/bet would prob be about 7 or 8 pt premium. CMC seem expensive on seaq stocks.

[alexx] 04/7/2002 08:10

added a few this morning, DEC bet

market 700/10, CMC 690/710

[lodger] 29/6/2002 00:42

chas - :-)))

But as MTG (i think) covered earlier on the traders thread that day i reckon he's the big girl :-)))

[chaspebble] 28/6/2002 11:21

Lodger - post 116: "First to cover is a pansy"

Lodger - post 118: "Closed RAT at 690 and 705 (+30, +5)"

All together now.......

PAANNNNSSSSSIIIIEEEEEEE

;-)

[lodger] 25/6/2002 10:19

Closed RAT at 690 and 705 (+30, +5)

[m.t.glass] 25/6/2002 09:47

"..Growing speculation of an imminent profit warning took Rathbone Brothers down a further 62.5p to 677.5p, The Times says. However, analysts think the private client fund manager is unlikely to make a trading statement until after the end of its first half on June 30..." (from the nothing-ventured.com press review)

[lodger] 24/6/2002 21:43

Touche :-) First to cover is a pansy...

[dodddy] 24/6/2002 21:09

ahhh the last musketeer has arrived :)

[lodger] 24/6/2002 16:35

Waiter! There's a rat in my portfolio!

Short today at 720 and 710.

[alexx] 24/6/2002 16:11

everytime I look the price is down more, what an idoit though, could have made more, knew ( over the w/e ) I should sell more and then did nothing.

[m.t.glass] 24/6/2002 15:59

Ratburgers for tea again. All 6 MMs moving down again in the last 10 minutes.