ScrumpyJack’s Activity

Yesterday

NL

Boards Post

ScrumpyJack replied to the High Yield - HYP Practical board. 10:50

Re: Marston's (MARS) Prelims

Ian, not meant to be a criticism of you at all but the announcement did state the £50 m loss and I think it is certainly a highlight worthy of mention!

We all much appreciate your links to interesting announcements

NL

Boards Post

ScrumpyJack replied to the High Yield - HYP Practical board. 10:26

Re: Marston's (MARS) Prelims

Yes Ian, all looks quite rosy, but you seem to have overlooked the fact that in spite of all the good news highlighted by the directors, the overall bottom line was a £50 million LOSS. Loads of write offs, extraordinary items etc etc. I'm always [more]

Wed Nov 26

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 18:30

Re: QPP

I can't see KPMG doing another audit so they'll probably need to get some others but they might be maxed out there as they've had about 3 already!

More likely they'll stick it out for this year (only 5 weeks to go to the year end). [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 16:10

Re: By eck lad

Apologies it is only Youngs that is AIM quoted!

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 09:47

Re: By eck lad

All the supposedly safe shares I've bought in the last couple of years have plummeted anyway, so might as well have a flutter and IHT is looming large. Do I give it away and hope to live 7 yrs or buy AIM and hope to live 2?

A small [more]

Tue Nov 25

NL

Boards Post

ScrumpyJack replied to the Exchange Traded Funds (ETFs) board. 15:21

Re: Vanguard ETF Dividends

I currently hold MIDD, with a TER of 0.4%, so a switch to only 0.1% would be worthwhile. I might not need to though if iShares respond to the competition, as they did with the FTSE 100 ETF.


They only reduced the fees on the [more]

Mon Nov 24

NL

Boards Post

ScrumpyJack replied to the Equitable Life Support board. 14:55

Re: Consolidating the Life Sector!

Vanguard was set up with the specific objective of cutting the costs of investing and regularly cuts its fees as its funds become larger. Vanguard is owned by the funds themselves and, as a result, is owned by the investors in the funds.

[more]

NL

Boards Post

ScrumpyJack replied to the Equitable Life Support board. 12:36

Re: Consolidating the Life Sector!

Unfortunately when you put your money with a Life Assurance company in any sort of collective fund you are giving them the right to charge fees for the duration and the cumulative total of those fees will amount to a very large proportion of your [more]

Fri Nov 21

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 17:04

Re: Eggs and baskets

Stockbroker Insolvencies

The one I had in mind was Fyshe Horton Finney

[more]

Mon Nov 17

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 18:06

Re: Eggs and baskets

You are also at risk from fraud in the broker. In theory you are protected as shares are held by a separate nominee, BUT the nominee has one holding for each share, they do not have details at investor level and there have been cases where the total [more]

Sat Nov 15

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 16:54

Re: Winnifrith on QPP

whether it was a good idea to buy something above book value is not part of the auditor's remit.

Yes it is a mechanical calculation to start with, but if the profitability of the businesses acquired no longer justifies the goodwill [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 14:45

Re: Winnifrith on QPP

It is extraordinary that KPMG gave them a clean unqualified audit report as at 31.12.2013, having charged an audit fee of £395,000 and effectively saying they were happy with hundreds of millions of debtors that Quindell claims to have, not to [more]

Mon Nov 10

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 16:34

Re: Winnifrith on QPP

Isn't it rather dangerous to be short of the shares of a company you think might be suspended at any time? If they are suspended you can't buy the shares to close the short position. That might be why some of the convinced shorters have been closing [more]

Thu Nov 6

NL

Boards Post

ScrumpyJack replied to the AstraZeneca plc board. 16:43

Re: Results

and as usual actual earnings per share were 80% less that the phoney 'core' figure. Makes Tesco look a paragon of financial reporting!

NL

Boards Post

ScrumpyJack replied to the Exchange Traded Funds (ETFs) board. 16:39

Re: Stamp duty on ETFs

As I understand it many ETF managers based their business in Dublin so that they do not have to pay stamp duty on their purchases of UK shares and no stamp duty is payable by purchasers of their units.

Osborne I think changed the law in the [more]

Tue Nov 4

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 15:58

Re: Records review II bites back

Whilst this is true it's disappointing that more people don't recognise that it's the regulations not Selftrade that are the real villains.

That certainly is not the case. The problem is that Selftrade has interpreted the rules in a [more]

Mon Nov 3

NL

Boards Post

ScrumpyJack replied to the Exchange Traded Funds (ETFs) board. 12:36

Re: CUKX or ISF ?

Why not buy VUKE instead? Spread now is 2932 - 2933, TER is 0.1% and they distribute.

I am gradually moving out my ISF holding to VUKE as CGT permist

Wed Oct 29

NL

Boards Post

ScrumpyJack replied to the Exchange Traded Funds (ETFs) board. 19:04

Re: FTSE 100 performance variation

ok but that doesn't explain the underperformance of VUKE

Probably due to the same issue - treatment of special dividends as capital or income. You would need to look at dividends paid as well as the SP to get the full picture. VUKE [more]

Sat Oct 25

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 18:11

Re: Expat Equniti transfer

It appears TD Direct Investing do accept non-residents. I have used them for years and they are fine.

[more]

Fri Oct 24

NL

Boards Post

ScrumpyJack replied to the GlaxoSmithKline plc board. 12:19

Re: Results & divi announcement

They have maintained the current level of quarterly dividend (19p) and the same final div (23p) as last year giving a total of 80p. Anything less would have been perceived as a cut.

re Pharma's problems "new drugs takes longer and [more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1134
Recs Received 4273
People who have rec'd these posts 958
Recs to Posts Ratio (last 30 days) 2.60
Threads Started 46
Threads Started Percentage 4.06 %
Most Frequent Board Equitable Life Support
Very First Post Re: Article: Whitbread Goes Teetotal (19/10/2000)
Percentage of Posts Rec'd 74.96 %
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