I wondered the same myself and 'contributed' a couple of thoughts. I came to the conclusion that quite a few of the pi's are gambling that the sp can be carried along on the reverse in sentiment towards PGM. I suspect that the swings in the sp will reflect that. Time will tell. That said, glad for those that have been invested for a while and hope they recover their losses.
Evenin' all. I don't follow JLP myself but just had a look at their board and saw there had been 36 pages of posts on it today. I know there's merger talk going on but can anyone explain why they have so many more followers in comparison to SLP? Would be interested to know why this is the case. Nice to see the share price holding up here again today, very promising indeed.
Hi leas, I too embarked on a game of number crunching speculation and came out with a combined annual dividend of 0.3p a share but as you say, what a difference a day makes and anything can and will happen. Good luck to you also.
Have you tried to work out the potential yield. I tried the other night using calculations based on conservative estimates. Your buffer should offer some comfort. I suppose you now have more options because of the recovery in the sp. Wow, what a difference a month can make. good luck with your other investments.
Good news re. JLP today our fortunes really are twinned with each other though I feel SLP is ahead with the business and JLP will be playing catch-up. I'm 75,000 shares deep which is 3x what I had originally intended (i'm either mad or have resolute faith in where the direction this AIM listed company is going) it's the averaging down that now means I'm sitting on a healthy 20% buffer. It'll be interesting to see what kind of dividend that brings me.
Enjoying the moment, I refused to sell at a loss because I knew that making money would be a bout taking a position for any recovery in the PGM sector. Starting to see the strategy paying off. Hope the ii don't get any more shares on the cheap not any of mine anyway. The expected dividend has made me think about the future with my current holding. So the temptation to sell will have to be looked at closer. That said, I will top slice and lock in any profits along the way.
returning to normal. Still off the radar. Holding on above 15p, maybe taking a breather. JLP have done well just on expectations, 14% rise. SLP are now delivering, rise built on fundamentals. Nice to see JLP doing well though. Particularly for the long term holders. Surprised that there has not been more profit taking with SLP, not complaining. Maybe the 1/4 results expected next week is helping to support the sp. Timing is everything and the last 2 RNS have been perfect.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.