garfield
Member of DD Central
Posts: 490 
Likes: 268
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Post by garfield on Sept 24, 2019 12:34:44 GMT
June 2028 bond price down from 80.75p to 72.5p today!! Just as it was starting to climb back...
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jlend
Member of DD Central
Posts: 1,817
Likes: 1,444
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Post by jlend on Sept 24, 2019 14:25:52 GMT
The thing about UK banks..is they usually get bought or bailed out. I'm not worrying, and I don't have enough to be concerned, until they stop servicing the debt. That's the thing about corporate bonds, you've always got that potential redemption back at par. Let the equity investors worry about price action. Say's the man with less in it than his portfolio bounces aound by the minute.
It is finding the sweet spot. It is a junk bond with little chance of getting repaid at par or will some nice sole come along and refinance at par when it reaches maturity.
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Post by kazamx on Sept 24, 2019 18:20:37 GMT
Well I am pleased you are having fun. With all the links and sources you provide on these forums I know I am learning a lot more about the companies I have money in than I would without you.
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Post by gravitykillz on Sept 25, 2019 7:40:48 GMT
I bought a couple of hundred shares at £3.50 each. I am a little annoyed.
Metro needs an entirely new board and a different direction.
A possible merger with starling or virgin maybe helpful.
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garfield
Member of DD Central
Posts: 490
Likes: 268
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Post by garfield on Sept 25, 2019 15:20:33 GMT
The thing about UK banks..is they usually get bought or bailed out. I'm not worrying, and I don't have enough to be concerned, until they stop servicing the debt. That's the thing about corporate bonds, you've always got that potential redemption back at par. Let the equity investors worry about price action. Say's the man with less in it than his portfolio bounces aound by the minute.
I wasn't concerned, TTH, just caught by how quickly prices can move! This is one I plan to hold onto.
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garfield
Member of DD Central
Posts: 490
Likes: 268
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Post by garfield on Sept 26, 2019 12:59:29 GMT
I should say, when I've got more cash in my WA account if there's any about I'm going to buy more AA. I liked the results.
Your wish is my command!! AA paused on Robowise... so more on the way!
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