Odds

[tikay]

Spot on Tight End!

The British Airways share price graph aint much different either, I think they sunk to 80p post 9/11, & are about 275p now, probably about what I paid for thrm at Privatisation. Another "if they go up another 20p I'll sell jobbie".....

And, as TightEnd properly points out, it is illegal to give share advice except under very stringent FSA imposed rules, so here's my view on the Party Gaming (owners of Party Poker) impending float....

Bargepole with a dont touch.

[TightEnd]

Spot on Tight End!

The British Airways share price graph aint much different either, I think they sunk to 80p post 9/11, & are about 275p now, probably about what I paid for thrm at Privatisation. Another "if they go up another 20p I'll sell jobbie".....

And, as TightEnd properly points out, it is illegal to give share advice except under very stringent FSA imposed rules, so here's my view on the Party Gaming (owners of Party Poker) impending float....

Bargepole with a dont touch.

I am meeting the management of Party Gaming in my professional capacity next Tuesday. In fact I think I will start a seperate thread on the subject....

[ifm]

LOL
I think i worked that one out but you may need to explain it for the elderly/scottish amongst us

I actually believe RR can only go from strength to strength though at the expense of their uk workforce.
The aim is for Derby to be purely for designing purposes, they have already given away a majority of their machining work to Xian, China (not subbed it, they are the customer for much of RR work).

They also have LTA's with all their suppliers that actually force price reductions on them annually (around 7%).
Last year they put ALL their work out for tender and an electronic bidding war ensued over the net.
Ian

[tikay]

Please do, it will save me a job. I was going to pen a piece about it - I have quite a strong view on it.

But if you have a professional involvement, I guess you'll need to be careful what you say.

But by default, I now know you dont work for a major league UK investment bank, or any American financial institution. Because neither of them will be involved, they've all shunned it.

[TightEnd]

LOL
I think i worked that one out but you may need to explain it for the elderly/scottish amongst us

I actually believe RR can only go from strength to strength though at the expense of their uk workforce.
The aim is for Derby to be purely for designing purposes, they have already given away a majority of their machining work to Xian, China (not subbed it, they are the customer for much of RR work).

They also have LTA's with all their suppliers that actually force price reductions on them annually (around 7%).
Last year they put ALL their work out for tender and an electronic bidding war ensued over the net.
Ian

Certainly amongst the big investors Rolls Royce is more popular than it has been in a decade...at last the spares business on the installed fleet is coming through, the civil cycle is in their favour and cashflow is improving

For us capitalists, this is of course excellent. For the workforce, more mixed.

[TightEnd]

Please do, it will save me a job. I was going to pen a piece about it - I have quite a strong view on it.

But if you have a professional involvement, I guess you'll need to be careful what you say.

But by default, I now know you dont work for a major league UK investment bank, or any American financial institution. Because neither of them will be involved, they've all shunned it.

I'm a fund manager Tikay. They will be attempting (ho ho ho) to get me to invest my clients funds in their shares

Funnily enough, I have some strong views on many aspects of this float too, but that's for off-line.

As you refer to it above, the sponsors to the float are French and German owned. Nothing wrong with that, but as you imply the whole legailty of the US online gaming industry is a huge isse.

[tikay]

Ah, a Fund Manager. Ever had a proper job? (I'm just jealous really, you lucky fella).

[TightEnd]

Ah, a Fund Manager. Ever had a proper job? (I'm just jealous really, you lucky fella).

It provides a bankroll for people like you to win off me....

[tikay]

Yup, so I can top up my Pension which the Fund Manager managed to shrink......

[TightEnd]

Yup, so I can top up my Pension which the Fund Manager managed to shrink......

touche.....


but not me guv....absolute returns.....

[tikay]

An honourable draw methinks.

[TightEnd]

An honourable draw methinks.

No, you are right. Many in my industry let the investing public down. In practice this is marketing hype leading to false investor expectations as much as fund management incompetence (although it is true to say that the average fund manager fails to beat the market even pre-charges)

Thus when in new social company I say I am a traffic warden to avoid embarrassment.

[tikay]

Hmm, I have to say, & I regret to say, because it's not personal, but I agree.

Fund Managers? Pah! But there are always exceptions.......

[Ironside]

can we change the subject please having been advised to invest in a 10 year policy puting in 25k over the 10 years and getting 24k back instead of the 60k i was told i would properly get and now have to live hand to mouth while the said fund managers drive round in porsches and live in million pound mansions

[tikay]

Hehe, picture that, a Fund Manager driving around in a porch.....!

Wishful thinking I'd say.