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Hilda Ogden
Posted: 07 March 2025 09:59:41(UTC)
#4799

Joined: 31/07/2023(UTC)
Posts: 883
MarkSp;336804 wrote:
Phil 2;336801 wrote:
Added £5k to DEC and a smidge of spare cash to INPP.

Was waiting for 🇬🇧 DEC SP to fall to same level as 🇺🇸 closing SP but the positive (?) announcement today buggered that up.


Positive? I read it as desperate.

I have written to them three times - really asking why they launched a bid when they obviously had little market support for it. Also asked them why they say that it wasn't possible to create a retail offer - others have managed it. NRR did a retail book build a few months ago

No reply

Can't find a bargepole long enough.
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SteveCM
Posted: 07 March 2025 10:52:28(UTC)
#4791

Joined: 07/03/2021(UTC)
Posts: 60

Thanks: 18 times
Was thanked: 217 time(s) in 49 post(s)
Johan De Silva;336778 wrote:
SteveCM;336747 wrote:
Dumped 12k of JGGI today, and may do the same with some BNKR tomorrow and stack it into a MMF @ 5%ish for a few months until the global chaos plays out a little more. I may keep my SAIN as it is less US focussed anyway.

Easing back on global, US centric funds will get me to about 10% in cash/MMF and then i can sit back and wait getting 2-3% real return.

Have purchased 5k of BAE in the last few days to add to 22k of RR currently at 6.5x profit.

The BAE part shows you gotta put some of the JGGI into attack mode instead selling low and defending.... try a small amount of your JGGI in 3xleveraged value focused on EU banks like 3BAL or similar?


Sold 10.5k of BNKR now completing the defocus on the US for the time being. I took a decent profit on both BNKR (6% up) and JGGI (25% up) so feeling OK about the timing. JEGI may get a boost over the coming months from dividends too but the bulk of this will get shoved in an MMF to wait and see.
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4 users thanked SteveCM for this post.
ANDREW FOSTER on 07/03/2025(UTC), Sheerman on 07/03/2025(UTC), Phil 2 on 07/03/2025(UTC), Johan De Silva on 07/03/2025(UTC)
Johan De Silva
Posted: 07 March 2025 12:02:02(UTC)
#4803

Joined: 22/07/2019(UTC)
Posts: 4,409

Thanks: 5914 times
Was thanked: 10139 time(s) in 3360 post(s)
↪ Fair enough! Yes the way things are heading MMF rates could go up with no downside risk to capital deployed other than inflation.
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ANDREW FOSTER on 07/03/2025(UTC)
MarkSp
Posted: 07 March 2025 12:07:30(UTC)
#4804

Joined: 02/02/2020(UTC)
Posts: 2,173

Thanks: 280 times
Was thanked: 5790 time(s) in 1712 post(s)

Bought 10k Kier - it took a few days to get to the price but, my four orders have now executed.

the CEO there is great. he knows he has shareholders and, he has shaped a neat business with market leading margins and bid discipline. I will buy some more if it falls some more.

It is a baby in the bathwater
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2 users thanked MarkSp for this post.
Sheerman on 07/03/2025(UTC), Phil 2 on 07/03/2025(UTC)
Big boy
Posted: 07 March 2025 13:17:56(UTC)
#4805

Joined: 20/01/2015(UTC)
Posts: 6,673
MarkSp;336816 wrote:

Bought 10k Kier - it took a few days to get to the price but, my four orders have now executed.

the CEO there is great. he knows he has shareholders and, he has shaped a neat business with market leading margins and bid discipline. I will buy some more if it falls some more.

It is a baby in the bathwater


I see 800/- have traded to-day so far. What was the issue of having to deal over a few days.. did you put limits on ?
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lindsay Morrison2
Posted: 07 March 2025 14:12:49(UTC)
#4806

Joined: 22/02/2017(UTC)
Posts: 589

Thanks: 1668 times
Was thanked: 1550 time(s) in 460 post(s)
Sold small FSV and invested proceeds in 20K GCP t
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what me worry? on 07/03/2025(UTC), Phil 2 on 07/03/2025(UTC)
ANDREW FOSTER
Posted: 07 March 2025 17:19:37(UTC)
#4807

Joined: 23/07/2019(UTC)
Posts: 8,096

Thanks: 11335 times
Was thanked: 18193 time(s) in 5964 post(s)

Sold a whole big chunk of MMF today.

Want cash ready to potentially take advantage of the turnaround, if or when it comes.

I'm reckoning sooner or later Trump will quietly get his knuckles wrapped and there will be something to stem the general global decline. If it happens I want to be ready with dry powder.

If it doesn't happen, I will just reverse this a little later.

Since there is no dealing fee or spread, the cost of being prepared is trivial.
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3 users thanked ANDREW FOSTER for this post.
Sara G on 07/03/2025(UTC), Peanuts on 07/03/2025(UTC), Sheerman on 08/03/2025(UTC)
Trudy Scrumptious
Posted: 07 March 2025 17:35:11(UTC)
#4808

Joined: 10/01/2008(UTC)
Posts: 169

Thanks: 1136 times
Was thanked: 391 time(s) in 112 post(s)
ANDREW FOSTER;336857 wrote:

Sold a whole big chunk of MMF today.

Want cash ready to potentially take advantage of the turnaround, if or when it comes.

I'm reckoning sooner or later Trump will quietly get his knuckles wrapped and there will be something to stem the general global decline. If it happens I want to be ready with dry powder.

If it doesn't happen, I will just reverse this a little later.

Since there is no dealing fee or spread, the cost of being prepared is trivial.


Tend to sell mine on a Monday....get that weekend interest.....
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1 user thanked Trudy Scrumptious for this post.
Jay P on 07/03/2025(UTC)
Tug Boat
Posted: 07 March 2025 18:25:07(UTC)
#4811

Joined: 16/12/2014(UTC)
Posts: 2,015

Thanks: 31 times
Was thanked: 4173 time(s) in 1446 post(s)
Never sell or buy on Fridays. Spreads and bonkers things going into the weekend means the bonkers market is even more bonkers.

I chill and think three days will not make any difference to me, the MM will be trying to leverage some gains, can’t be arsed to give them my cash.

Sat on 20% cash. Not rushing, but looking at a few. BUT in particular, sold a few months ago at near the top and I like the way the trust operates.
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Sara G on 07/03/2025(UTC), Sheerman on 08/03/2025(UTC)
Peanuts
Posted: 07 March 2025 19:45:10(UTC)
#4809

Joined: 16/02/2019(UTC)
Posts: 1,476

Thanks: 2446 times
Was thanked: 2393 time(s) in 919 post(s)
ANDREW FOSTER;336857 wrote:

Sold a whole big chunk of MMF today.

Want cash ready to potentially take advantage of the turnaround, if or when it comes.

I'm reckoning sooner or later Trump will quietly get his knuckles wrapped and there will be something to stem the general global decline. If it happens I want to be ready with dry powder.

If it doesn't happen, I will just reverse this a little later.

Since there is no dealing fee or spread, the cost of being prepared is trivial.


I’m in a bit of a similar dilemma. Sold approx 30% of our portfolios to cash in January as we will need it at some point soon for a house project. At the time of selling I was pissed as the funds (mainly VWRP) went approx 2-3% higher the following week. It’s currently sat in MMF’s but tempted to put at least half of it back in now (I think) the short term bottom is in. The gamble is a black swan event. It’s risky but I feel another ATH is calling.
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1 user thanked Peanuts for this post.
ANDREW FOSTER on 07/03/2025(UTC)
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