Cheers Breezy, thanks for your kind words. I'll be OK long term, it's just a bump in the road. Business has been pretty good for 18 years so I was due a set back at some stage. Once you're invested in something like JLP you become emotionally attached (worst thing you can do) and you hang on in there despite the pitiful gains year after year. I still think 2019/2020 will be transformational for the company but I see a strong headwind coming in the form of a global stock market correction. 10 years of growth artificially funded by quantitive easing is coming to an end. Trumps trade wars, UK housing & retail slow down, Brexit shenanigans and the threat of a Labour/Corbyn government don't bode well. I want to sleep well so for me cash is king over the next 12-18 months. You can probably tell that I'm wearing my cautious trousers at this moment in time. Wishing you well. idg69
Hi Breezy, despite saying I was happy to hold for the next 2 years, I have reluctantly sold all my JLP holding. Circumstances dictated they had to be sold I'm sorry to say. I'm self employed and I have just lost a big contract which will put pressure on finances in the near term. I cashed out whilst I had some profit to take, I couldn't afford to see this fall back to 2.5-2.25p and then need my cash out at a loss. I'm also very twitchy the world markets are going to start a big fall in the next 6 months and as good as JLPs prospects are, they won't be protected. If JLP booms in the short term then I'll regret it but I can't take the risk of loosing any profit at this moment in time. I'm sickened to have to do this as I've been patient for over 4 years and JLP are on the cusp of making it but needs must. I'll keep posting from time to time and I wish you well my friend. Signing off for now idg69
Hi Breezy, disappointed to see the fall back to 3p but the fundamentals are still strong for JLP and the future 'should' be bright. I'm back in profit if only 10-15% which is comforting in these uncertain times. WIshing you well my friend. idg69
Well done Breezy, I sold my 2.4p buy at 2.7p to see it sail on to 3.45p today, I'm not too miffed as it was only a grands worth. Your 2.25p top up was very well timed and you deserve some change in fortune. My Jubilee profits now cancel out my AFC losses, but I won't be selling any JLP for at least 2 years - unless we get a silly spike to 20p+ and then I just might.
This user has not submitted any company ratings.
This user has not created any polls.