Northen Rock
21-11-2007, 02:55 PM
#321
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Originally Posted by Porkie
mate at Dresdner Kleinwort said "same old story, continuing credit problems"
thats first bit of feedback for you
thats first bit of feedback for you
oh well as long as they dont drop i'll get my 40k's worth of dividend yield of around 15%. I'll just wait and see
21-11-2007, 03:13 PM
#322
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Originally Posted by Dannn
What about PARAGON GROUP ?
Dropped over 100 points in the last couple of days - are they worth punt ?
Dropped over 100 points in the last couple of days - are they worth punt ?
21-11-2007, 03:17 PM
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The latest bank to be in money trouble is Paragon. When i tyried to 'bet' on them (and northern rock) today it would not let me and came up with a message about something of other!
21-11-2007, 03:21 PM
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Originally Posted by Muska
The latest bank to be in money trouble is Paragon. When i tyried to 'bet' on them (and northern rock) today it would not let me and came up with a message about something of other!
21-11-2007, 03:23 PM
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Paragon are the latest victim of the credit crunch, since they are a huge buy-to-let lender. Not as bad a situation as Northern Rock, but nervous investors etc etc....
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
21-11-2007, 03:27 PM
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Originally Posted by broadmoor
i'm in again at 83.90 
NRK
NRK
21-11-2007, 03:39 PM
#329
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Originally Posted by RichardPON
Originally Posted by broadmoor
i'm in again at 83.90 NRK 2229 of the fookers 
NRK 2229 of the fookers
21-11-2007, 04:30 PM
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Originally Posted by The Diva
Originally Posted by Ex-Finesse
Originally Posted by The Diva
The banks that they routinely borrow off have stopped lending to try and cover their own fook ups so basically Northern Rock have been left a bit in the lurch through no fault of their own.......
They're primarily a mortgage lender and not a bank, so don't have the same reserves a normal bank does.
In addition, Northern Rock have expanded rapidly by offering mortgages of more than 3x your earnings, at good rates. You can instantly see that this is riskier behaviour than most, and their profit margins are far slimmer.
So in my opinion it is the banks fault. They accepted the risk and it has come back to haunt them.
Depends if you're a bull or a bear as to whether you think shares will bounce. Could get a whole lot worse though....
WTF has that got to do with 3x lending and decent rates......it`s this narrow sighted attitude that causes such big share fluctuations when everyone panics..........
Diva.... take a bow
Sorry mate.... its just really making me laugh reading back at your comments
21-11-2007, 04:36 PM
#331
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what are the chances of Northern Rock folding completley? Is it plausable that the share value could be wiped to fuck all? what would hapen to your shares in the event of a take over?
21-11-2007, 04:39 PM
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Originally Posted by RichardPON
Paragon are the latest victim of the credit crunch, since they are a huge buy-to-let lender. Not as bad a situation as Northern Rock, but nervous investors etc etc....
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
He replied 'oh yes' and smiled.
Can you even imagine what he made on yesterdays move? Actually its all public info isn't it. I reckon its got to be over £100M yesterday.... not a bad days work
TOP man as well
21-11-2007, 05:00 PM
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The only figures they gave were the interim results of 36% jump in profits to £141m....
I didn't realise, but he's also the treasurer for the Conservative Party..... that's a nice lofty position to be in!
I didn't realise, but he's also the treasurer for the Conservative Party..... that's a nice lofty position to be in!
21-11-2007, 05:10 PM
#334
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Originally Posted by Porkie
Originally Posted by RichardPON
Paragon are the latest victim of the credit crunch, since they are a huge buy-to-let lender. Not as bad a situation as Northern Rock, but nervous investors etc etc....
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
Loads on it in today's Financial Mail, right next to a load of articles about your chief exec, Mr Spencer. He's doing okay for himself!
He replied 'oh yes' and smiled.
Can you even imagine what he made on yesterdays move? Actually its all public info isn't it. I reckon its got to be over £100M yesterday.... not a bad days work
TOP man as well
22-11-2007, 11:53 AM
#336
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Just filling out the IG Index form thing as I am findign this quite interesting...
But it says:
Based on the information you have provided, we do not consider that a Limited Risk account is necessarily appropriate for you. You may continue, but you may be exposing yourself to risks that fall outside your knowledge and experience.
I dunno what this means? I thought limited risk account would protect me from going too far?
But it says:
Based on the information you have provided, we do not consider that a Limited Risk account is necessarily appropriate for you. You may continue, but you may be exposing yourself to risks that fall outside your knowledge and experience.
I dunno what this means? I thought limited risk account would protect me from going too far?
22-11-2007, 12:27 PM
#337
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Originally Posted by The Diva
Originally Posted by Ex-Finesse
Could get a whole lot worse though....
Probably about £5 after their first day!Someone mentionned RBS - as with all banks, very risky, but could rally short term, like they did 2 weeks ago. Barclays - same story.
I advise going short on homebuilders a few days before they release trading updates / results. Some will drop a few % on poor / murky conditions, in which case you'll win nicely. Others won't so set a stop loss nice and close.
Paragon.... WAY too risky unless for small money and low stop loss
Auditor gave "SERIOUS GOING CONCERN ISSUES"..... could easily lose another 50% of value with a further big hit.Looking forward to seeing how people do!
22-11-2007, 05:56 PM
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Execute another trade that's equal and opposite.
Ie... you're long on NRK @ £10/tic...
Go short @ £10/tic and it will cancel.
However that sounds a tad complex for a platform "tested on children".. so they may have a big red "I WANT OUT NOW" button somewhere.
Ie... you're long on NRK @ £10/tic...
Go short @ £10/tic and it will cancel.
However that sounds a tad complex for a platform "tested on children".. so they may have a big red "I WANT OUT NOW" button somewhere.
23-11-2007, 08:54 PM
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Whats the deal with igindex, i went in on NRK at 77 this morning and left it all day, i'm sure it never went below the stop opints i set all day (i was only in for £1.50 anyway) and it's no longer on my screen at all, the same happened yesterday but i just presumed that it had gone under my limit...
Really i should be 9points up from when i started...?
Is there anyway i can see what happened to it?
Cheers,
Matt.
Really i should be 9points up from when i started...?
Is there anyway i can see what happened to it?
Cheers,
Matt.
23-11-2007, 09:03 PM
#343
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happened to me to. I had the LOWEST number of the day, kept an eye on it for an hour, then left it till 3pm, and when i logged back in, it had dissapeared! went to history, and the points never dropped below my limit.
given up on it now, as i lost £25 cos of that! Took my winnings and ran.
given up on it now, as i lost £25 cos of that! Took my winnings and ran.
24-11-2007, 12:08 AM
#344
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Originally Posted by Ex-Finesse
Paragon.... WAY too risky unless for small money and low stop loss Auditor gave "SERIOUS GOING CONCERN ISSUES"..... could easily lose another 50% of value with a further big hit.
Auditor gave "SERIOUS GOING CONCERN ISSUES"..... could easily lose another 50% of value with a further big hit.
24-11-2007, 12:10 AM
#345
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Originally Posted by boXXer
happened to me to. I had the LOWEST number of the day, kept an eye on it for an hour, then left it till 3pm, and when i logged back in, it had dissapeared! went to history, and the points never dropped below my limit.
given up on it now, as i lost £25 cos of that! Took my winnings and ran.
given up on it now, as i lost £25 cos of that! Took my winnings and ran.
24-11-2007, 10:00 AM
#346
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I don't fully understand it yet - but i've made 120% profit thus far!
I get that if you buy you want it to go up and if you sell you want it to go down, but what part does the gap between the buy and sell amounts play?
I get that if you buy you want it to go up and if you sell you want it to go down, but what part does the gap between the buy and sell amounts play?
24-11-2007, 11:15 AM
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Originally Posted by DogSmoke
I don't fully understand it yet - but i've made 120% profit thus far!
I get that if you buy you want it to go up and if you sell you want it to go down, but what part does the gap between the buy and sell amounts play?
I get that if you buy you want it to go up and if you sell you want it to go down, but what part does the gap between the buy and sell amounts play?
Any compiler has to give themselves some sort of security, and that's what the spread represents.
There are complicated methods out there like CFD (contracts for difference) that work like spread betting, but off of a fixed point instead of a spread, but it's very different.
24-11-2007, 12:30 PM
#348
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What account have you guys got? Contolled risk? Trying to work out how to set the contolled risk so if i crash i wont lose too much. Anyone taken it up?
We also need to state watchers of the week would be good
We also need to state watchers of the week would be good
24-11-2007, 12:59 PM
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Right i have signed up Just added a poultry £15 to my accout but that will do for now
Suppose all i got to do now is wait until Trading begins on Monday.
Only question i have is can you buy out side of trading hours? IE now at closing rate? and also im looking a NRK and there are four different periods with slightly different amounts. What onces do you look at?
Also the Trade Sense, anyone got any info from this?
Just added a poultry £15 to my accout but that will do for now Suppose all i got to do now is wait until Trading begins on Monday.
Only question i have is can you buy out side of trading hours? IE now at closing rate? and also im looking a NRK and there are four different periods with slightly different amounts. What onces do you look at?
Also the Trade Sense, anyone got any info from this?
24-11-2007, 01:13 PM
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My best shares at present are Barclays, purchased at 405.00 now at 510.50 due to there loss only being 1bn which was expected to be in the region of 10bn. I purchased a huge amount of rbs shares at 390.50 which are currently at 420.00 but they have announced anything yet, I would envisge them to be around the 700.00 mark by March / April 08 with a great dividend
24-11-2007, 03:38 PM
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Yeah missed the boat on Barclays, heard it mention the losses wont be as big as most expected. Wish ir egistered and put a few on then Oh well live and learn. So you think some of the high high stret banks will be same this week?
Any big organisations posting figs for what ever reason this weeK
Oh well live and learn. So you think some of the high high stret banks will be same this week?Any big organisations posting figs for what ever reason this weeK
24-11-2007, 08:49 PM
#352
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Originally Posted by dunlop2008
My best shares at present are Barclays, purchased at 405.00 now at 510.50 due to there loss only being 1bn which was expected to be in the region of 10bn. I purchased a huge amount of rbs shares at 390.50 which are currently at 420.00 but they have announced anything yet, I would envisge them to be around the 700.00 mark by March / April 08 with a great dividend
25-11-2007, 05:45 PM
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Originally Posted by Rhys
Yeah missed the boat on Barclays, heard it mention the losses wont be as big as most expected. Wish ir egistered and put a few on then Oh well live and learn. So you think some of the high high stret banks will be same this week?
Any big organisations posting figs for what ever reason this weeK
Oh well live and learn. So you think some of the high high stret banks will be same this week?Any big organisations posting figs for what ever reason this weeK
I really do think that RBS are going to do really well but we'll see!
Not really been looking into much over the weekend i'll keep you upto date with anything I hear of.
26-11-2007, 05:55 AM
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Could be interesting on the NRK front today.
I was wondering, with IGIndex, can you bet on french shares? EADS the parent group of Airbus, looks like it may do well because of China's announcement today for a large number of aircraft.
Wondering whether to have a go, I've used Tradindex a bit on the player account, putting my money where my mouth is though is a bit different!
I was wondering, with IGIndex, can you bet on french shares? EADS the parent group of Airbus, looks like it may do well because of China's announcement today for a large number of aircraft.
Wondering whether to have a go, I've used Tradindex a bit on the player account, putting my money where my mouth is though is a bit different!
26-11-2007, 06:07 AM
#356
DEYTUKURJERBS
Originally Posted by Rhys
Just added a poultry £15 to my accout but that will do for now
I reccomend Turkey or maybe Pheasant.
Hope this helps.
Stav
51 points up on my spread bet