JoseFrio
04 Jul 2018
Halifax Sharedealing blocking BPM Yes, looks like BPM can be traded in a Halifax sharedealing account now. Well done Ms Kenyon
PIE-EATER
01 Jun 2018
Re: Halifax Sharedealing blocking BPM Just really goes to show the unintended consequences (MESS) we have following the introduction of legislation for complex instruments , PRIPS, MIFID etc. Some of it is down to interpretation and the platforms / brokers are opting for the safe option.eg Bankers IT......should be straightforward but one broker required confirmation of knowledge of complex instruments as it MAY use derivatives....yet no problem with Diverse Income which has a put option......PE
TX2
31 May 2018
Re: Halifax Sharedealing blocking BPM I think they classify BPM as an investment trust and my understanding is that BPM does not comply with current recently introduced new listing requirements which I think only apply to private investor trades.I have part of my holding here with HSBC;they currently allow me to sell my shares but not buy more.The other part of my holdings of BPM is in a Jarvis account and they still seem to allow me to buy or sell.As Tom points out iii still seem to allow you to trade BPM;but I can also confirm what you say about Halifax as I also have an account with them.I think the "fault" may be down to BPM rather than your broker who may be merely enforcing regulations.
Tom WM
30 May 2018
Re: Halifax Sharedealing blocking BPM I use Interactive Investor (I think that's what they are called at the moment) I can trade BPM ok but they have other limitations
JoseFrio
30 May 2018
Halifax Sharedealing blocking BPM I tried to but shares in BPM via Halifax Sharedealing. When searching for them a message appears: "We no longer allow investment in this stock."Can anyone suggest why? I tried using the online chat but this is never available, and I think calling up to ask would be a waste of time too.
TX2
04 May 2018
Re: Sizeable first purchases I also hold both BPM & RQIH.BPM has to date made up for the modest dividend by capital growth,now double my average purchase price.RQIH had paid out a substantial return with a more modest capital growth.
Greyinvestor
03 May 2018
Sizeable first purchases I've watched BPM for years, but never invested because my money was in BEZ and CGL. They've now gone from my portfolio, and I've replaced them with RQIH and BPM. The yield is a bit low with BPM but everything else is good.A Buy for me.
thirty fifty twenty
14 Feb 2018
Simon T says NAV 330p+ the investors chronicle tipped today with a target price of at least 300pSImon T calcualtes the NA at 330p but i think he has undercalculared given the progress at all the companies and the removed of the defd tax which will increase NAV by 15p in itself.All IMHO, DYOR + BoLBPM is in my portfolio
TX2
07 Feb 2018
Re: NAV is probably c.350p Yes it rather looks like a possible listing for Nexus.The increase in divi is useful.
farmerdave
07 Feb 2018
Re: NAV is probably c.350p Nexus and LEBC are key here with both doing very well ( they made up 50% of net assets July 2017) - also like Nexus "a potential shareholder liquidity event." Not entirely sure what that is but sounds a bit like a listing ?NAV certainly much improved from the 304 last posted FD
thirty fifty twenty
07 Feb 2018
NAV is probably c.350p wow - these were great results.they have made good disposals, good purchases,have good CASH,are very confident in the deal pipelineand unusually large divi increase.i've not gone through the investments in detailbut LEBC where they upped to c.60% 6 months agois performing significantly ahead of budget.why would they go outside criteria to buy up to 60%well id have thought cuase it was a bargin!!LEBC recently bgt 500m of FUM for 5m - that biz probably worth 2% of FUM = 10mso a great purchase !NEXUS is very fast growth and continues with acquisitionsthe bonus was that new rules menas they don't need the deferred tax provision of 5mthat adds 8% to NAV in itself!!i think NAV will be at least 350pgiven their increasingly good track record i record discount should be 15%,20% if the market takes a tumbkeso that is a range of 280p to 300p with growth of 10% a yearthe initial rise of 14p is large for BPM but i reckon this good news has not been fully digested yet. they will be covered by Simon T in the IC next weekat these levels it is a great long term asset back investmentALL IMHO, DYOR + BoLBPM is in my portfolio (5 years)
freedom-thirty5
06 Nov 2017
Director Share Purchases Plenty of chunky director share purchases lately. Always good.
farmerdave
17 Oct 2017
Results Good results with spare cash for new investments. - ggod NAV increase to 304pLEBC and Nexus 2/3rds of their investmentsFD
Tom WM
27 Jul 2017
Re: LEBC total implied value up £1... no its very much in their field. pensions etc.A brilliant move
TX2
27 Jul 2017
Re: LEBC total implied value up £10m This investment is in a different field from the insurance businesses.......
