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    Bad day for Carillion shares currently worthless.

    Checked out Motley Fool what they were saying before they got hammered in July.

    https://www.fool.co.uk/investing/201...robably-avoid/

    Looks like they called it right. I always check their opinion.
    I'm alright Jack

    Comment


      Originally posted by BlasterBates View Post
      Bad day for Carillion shares currently worthless.

      Checked out Motley Fool what they were saying before they got hammered in July.

      https://www.fool.co.uk/investing/201...robably-avoid/

      Looks like they called it right. I always check their opinion.

      Lost a bit on these trying for a bounce, bailed before the crash but not before buncing 3k

      Bad year all in all, about 6k down in shares
      12k down on dodgy political bets
      Another 30k down on casino gambling due to stress.

      All-in-all my worst year for 20 years.
      What happens in General, stays in General.
      You know what they say about assumptions!

      Comment


        Originally posted by MarillionFan View Post
        Lost a bit on these trying for a bounce, bailed before the crash but not before buncing 3k

        Bad year all in all, about 6k down in shares
        12k down on dodgy political bets
        Another 30k down on casino gambling due to stress.

        All-in-all my worst year for 20 years.
        Sorry to hear that.

        CLLN was discussed at the rugger this weekend and a couple of Navy chaps put a good case forward as to why it should be rescued. Didn't factor in the debt and the government's non appetite for looking like mugs after the bank crisis.

        Comment


          Just saw this https://www.ft.com/content/78918c88-...2-2c9be7f3120a
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

          Comment


            Originally posted by cojak View Post
            Paywall - Google for - Large hidden fund charges revealed by Mifid II rules
            Public Service Posting by the BBC - Bloggs Bulls**t Corp.
            Officially CUK certified - Thick as f**k.

            Comment


              Or read it via Twitter...
              "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
              - Voltaire/Benjamin Franklin/Anne Frank...

              Comment


                The charges on active funds are almost without exception brutal to any gains you might get. It's the main reason why virtually none beat the ultra low cost indexes over 10-15 years.
                Yes, some will do so as you can expect outliers in any distribution BUT you will never be able to predict these in advance and past performance does not point to future success.
                Reality is that most of the gains come from a small number of shares, a fund that has these will tend to excel and vice versa.
                You can easily be giving up 50% of your gains to a funds costs when you take into account hidden transaction costs etc
                Don't get me started on 'advisers'....

                Comment


                  Bought 50,000 Lloyds shares earlier in low 64's this morning. Dividend in the next few weeks of 2p and I'm hoping for a 5-10% increase before that.
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    Originally posted by MarillionFan View Post
                    Bought 50,000 Lloyds shares earlier in low 64's this morning. Dividend in the next few weeks of 2p and I'm hoping for a 5-10% increase before that.
                    It's likely a zero sum game. The shares will normally drop by 2p the day they go ex-dividend.
                    Public Service Posting by the BBC - Bloggs Bulls**t Corp.
                    Officially CUK certified - Thick as f**k.

                    Comment


                      Originally posted by simondolan View Post
                      Yep. Wait for the dead cat bounce then short again. This stock has a long way to go down yet.
                      Now down 25% from when I called it
                      P.S. What Spreadsheet? Revolutionising the contracting market again.

                      Comment

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