Raven Prop P Discussion Threads

[kenny] 03/3/2020 15:05

The Federal Reserve on Tuesday cut interest rates as a result of the risk of the coronavirus. In a statement, the Fed said it decided to cut its benchmark federal funds rate by a half-point to a range of 1%-1.25%. While the fundamentals are strong, a rate cut was necessary in light of the risk to economic activity from the COVID-19, the Fed said. The central bank also trimmed the discount rate.
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This should weaken the over-strong dollar, which is good for us.

[montyhedge] 03/3/2020 14:49

I would have thought with interest rates around the world being cut, Russia must do it surely, that a 9.4% yield paid quarterly is attractive.

[otemple3] 03/3/2020 14:08

Yep, just had another small top up at just over £1.27 - happy days

[montyhedge] 03/3/2020 13:26

So at 127 to buy yield 9.4%. Nice.

[eeza] 02/3/2020 12:55

Volume is negligible so MM's will always mark down.

[kenny] 02/3/2020 11:51

Currently, 10-year US Treasuries are falling and are about 1.062% as I post. (Wow!) How long will it be before rates break down below 1% - yet people have become so panicked that they continue to sell off fixed income investments.

[eeza] 01/3/2020 12:28

Interest rates heading lower & staying there for the foreseeable future, so Prefs & FI the places to be, imo.

[drradcliffe] 01/3/2020 12:18

I usually take the quarterly income on RAVP, this time I took the scrip option.

[ceaserxzy] 01/3/2020 10:55

Although this is still good value, there are now relatively better values elsewhere in this panic sale market, so I have sold three bundles over the last week at 134.5, 132.75 and 129p.

[eeza] 28/2/2020 16:00

Thank you, Holts.

[zipstuck] 28/2/2020 15:55

Rouble down 5% against the dollar on oil price this week hence the fall

[holts] 28/2/2020 14:26

Eeza ,

Have a sipp with Bell and they are quite hopeless at trading bonds online , have not tried prefs with them , but have noticed size is often a problem with them as well .

[tournesol] 28/2/2020 12:28

Have traded them online with HL this morning - no probs

[eeza] 28/2/2020 12:22

Will have another look at them. Thank you.

[kickingking] 28/2/2020 12:18

I use them and have never had problem. Dividend always in the account on the day. Plus your money is protected as owned by Lloyds Bank.

[eeza] 28/2/2020 12:16

Yes, have looked at them but they seem to be very tardy with dividends, which annoys me intensely, and don't seem to have a reliable service from comments I have seen on the BB's.

[kickingking] 28/2/2020 12:04

Try Halifax iweb no monthly fees and £5 per trade.

[eeza] 28/2/2020 12:03

Thank you, CWA1.

Monty, I have ISA's with ii & SHRE. I do not want both with ii.
The compensation limit is £ 85,000. I do not trust brokers.
I want all my ISA accounts to be covered by the comp limit.

[kickingking] 28/2/2020 12:02

With the drop today, this makes it close to 9% dividend payed every 12 weeks. Anything under 130 is a bargain in my opinion.

[montyhedge] 28/2/2020 11:59

They are expensive, Interactive Investor.

[cwa1] 28/2/2020 11:58

Can confirm that AJB will trade RAVP.

[eeza] 28/2/2020 11:54

Anyone hold these with AJ Bell, & can confirm they can be traded online.

Need a new ISA provider soon and looking at Bell.

[drradcliffe] 28/2/2020 11:16

I just did the same and got a price of 127p.

[otemple3] 28/2/2020 11:06

Can't sell any tbf - just did a dummy sell for a fraction of my holding and was offered £1.10!

[igbertsponk] 28/2/2020 10:58

Suspect a few selling to have ammo for other opportunities.