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Sirius Minerals Share Chat (SXX)



Share Price: 22.68Bid: 22.66Ask: 22.80Change: 0.00 (0.00%)No Movement on Sirius Minerals
Spread: 0.14Spread as %: 0.62%Open: 23.00High: 23.18Low: 22.42Yesterday’s Close: 22.68


Share Discussion for Sirius Minerals


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verdeceleste
Posts: 170
Opinion:No Opinion
Price:22.68
Tomorrow
Today 14:18
Just found this wonderful quote which can be applied to SP, Brexit etc
"It would be almost culpable euphoria to suppose that anything is likely to happen"

Verde

Another quote I found "progress bustles along" - sounds like Woodsmith :)
 
jesse11
Posts: 526
Opinion:No Opinion
Price:22.68
RE: Current exchange rate
Today 13:32
Stokey, the procurement and planning processes are complete, this company is predominantly owned by PI,s from a FOMO point of view I would expect some major international investors on the scene sooner rather than later, not necessarily a takeover just heavier involvement. ATB Jesse
stokey12
Posts: 2,162
Opinion:No Opinion
Price:22.68
RE: Current exchange rate
Today 12:44
Jesse11 - I am of the belief that there is inlikely to be aany takeover bid before production. The reason for this is even if they could find the money to buy the shares which will, after the premium to the current share price needed to persuade the shareholders to part with their shares, be around $2bn you will need to complete the mine. Also there are the existing TorPs assuming that they can be novated then I do not see Sirius doing that for nothing so you will have to pay extra to get the existing TorPs novated. If you decide not to novate the existing TorPs andy prdator would need to show how they would service the debt needed to purchase Sirius. There is also the not unimportant issue should it be necessary of shareholder approval.
hope4green
Posts: 1,398
Opinion:Strong Buy
Price:22.68
RE: Current exchange rate
Today 12:03
I also thought about that. Why wouldn't they?
jesse11
Posts: 526
Opinion:No Opinion
Price:22.68
Current exchange rate
Today 11:10
Given the current volatility ref. Brexit etc, I would have thought a potential suitor/predator might think about picking up a chunk of Sirius....low sp, favourable exchange rate.....double cheap, just thinking out loud ....,ATB. Jesse
JimboD
Posts: 87
Opinion:No Opinion
Price:22.68
RE: Re:
Sat 23:20
Jimmy, buy it all in an ISA and you have no problems :)
valuewalk
Posts: 45
Opinion:No Opinion
Price:22.68
RE: Re:
Sat 20:42
No. You will, as the giftor, pay capital gains tax based on the acquisition price. CGT is at an historically quite low level (history being relatively short, there was no CGT until the 1960s) so it might be a good time for it.
causal
Posts: 1,324
Opinion:No Opinion
Price:22.68
RE: Re:
Sat 17:52
Or do what the minsters do, Bank in the Cayman islands.
Gertfrobe
Posts: 36
Opinion:No Opinion
Price:22.68
RE: Re:
Sat 17:47
Jimmy get yourself a copy of the fall an rise of Reginald Perrin , or get an accountant
jimmy1305
Posts: 26
Opinion:No Opinion
Price:22.68
Re:
Sat 17:23
In terms of being taxed on selling or dividends, is it true that if you *cough* "gift" your shares to a relative then you pay nothing?
poortiming
Posts: 370
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 17:06
I'm thinking the former. lol
jesse11
Posts: 526
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 17:02
I went to Aldi today, forgot to buy tuna...
Senior moment or the one that got away??
Gertfrobe
Posts: 36
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:57
You will find that Greggs and Sirius hav the same market cap ( worth about the same ) just a different amount of shares.
Chesh
Posts: 13,152
Premium Chat Member
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:53
What has fish got to do sausage rolls man...........!

get a grip.. :)

All the best (lol)
Rypod
Posts: 139
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:52
Jimmy, you need to look at and understand shares in issue. As others have said below. Greggs at £11+ a share doesn't make it worth more than double BP at £5ish a share.
barnaberible
Posts: 1,479
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:45
What has the share price got to do with the price of fish? Lloyds is 60p (ish)
Chesh
Posts: 13,152
Premium Chat Member
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:40
the future is here........ or Greggs......!

they're sausage rolls......... :)

All the best (not they're SP :)
Chesh
Posts: 13,152
Premium Chat Member
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:37
And ever £k per month you put in in subs............... !

payback over a quarter........... ? I say a year or two, but what do I know :)

short term, capital gains, long term........... retirement :)

All the best (I see BP as yesterday, the future is here :)
Gertfrobe
Posts: 36
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:33
Jimmy Greggs is £11.83 per share they only sell cakes .
InsanityBeckons
Posts: 1,040
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:22
That grand per month divi is worth a lot more than a grand on your salary, if you hold your shares in an isa. You won't be paying the tax on your divis like you would your salary.
jimmy1305
Posts: 26
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:21
What im saying is they are a massive oil and gas company that has been around since 1980 odd, and still they only sitbat around 5gbp. I consider bp to be sucessful and profitable. So why would a fertilizer company reach 10gbp...?
Appychap
Posts: 14
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 16:08
Jimmy do you not understand the value of a company is based on amount of shares on the market x share price of the company. Of course BP is only £5 but they have a substantial amount of shares.

You are comparing things with a broken tape measure using your method
Chesh
Posts: 13,152
Premium Chat Member
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 15:00
I haven't read all the posts from the last few days...........! other stuff going on :)

but the historical range I recall from the BB is/was £1-3 sp calcs and all, 7mtpa to 20mtpa........!

gosh....... that is from re-call, so forgive me ramp :)

All the best (And I ramp :)
jimmy1305
Posts: 26
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 14:28
Thanks Rypod, initially I was thinking about selling when it got to around 2 pounds, but to be honest, after listening to some approaches on this board, I think I might take the dividend route. I mean, if you can get 3k per quarter, that's like an extra grand per month to your wages spread over the year obviously.... but that's very dependant on the success of Sirius. BP oil and gas is only at 5 pounds and look at what a giant they are... so when people say things like Sirius COULD reach 10 pounds... you can imagine my scepticism....
Rypod
Posts: 139
Opinion:No Opinion
Price:22.68
RE: re: future dividend price
Sat 13:56
Jimmy, at 20p a share you'd need 60k shares. At 10p you'd need 120k shares.




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