Whilst I am not a broker and neither a financial advisor have a look at Centamin CEY.L it is ready to rise in the not too distant future as it is undervalued by the markets, yet has no debt is cash rich mines gold and is sitting on huge reserves with a divi promised soon!
Pop says you don't buy David Beckham & tell him how to take penalties. He's not averse to increased Dividends or Share Buybacks IF... BOD don't have plans to re-invest cash to the betterment of the company. What do you call an investor who holds MRW, SBRY & TSCO? A Fence-Sitter. What race-track punter ever got rich betting each way?
exactly what I thought that it probably would. Kind of nervous right now, and I am already holding SBRY and BARC. Yes I still have quite a bit of cash but have no ideas when to pick up the bargains as I don't want to buy them too early if they still have a bit of way to fall. Let me know when you and your fellow fund managers start buying would you?
Have a nice weekend again (well, almost over now). Good luck for the week(s) ahead to you and to me!
Hi there! I guess some serious selling pressure tomorrow at the start and the next few days....a bearish mood has covered it seems all markets. We have formed our positions in TSCO & MRW but we are on the look out for SBRY BARC DXNS HSBA LAD and several foreign stocks...many excellent mid term buying opportunities if you have spare cash.
I sold a load of stocks today, that I bought as a package, including Tesco. I am expecting the market to trend down further over the next few weeks and it is my intention to re-invest in Tesco. I broke even on Tesco after buying a few weeks ago, and took profits on MRW.L and SBRY.L as I was fortunate to buy at the bottom. The brokers mark these supermarkets down, but they are holding up relatively well and I see them as a very good investment. Let's see if I can get TSCO.L for £3 (my original target), though it will take a lot bigger fall in the market.
Good evening Opium. You are awash with on topic posts on the Tesco bb so I would have thought that you would have welcomed some company even if is slightly off topic. Your undying devotion to Tesco is admirable given that you are actively deramping at least 3 - maybe more - other retail shares that I know of. This leads me to believe that you have an average in here that starts with a 4 or you are being paid for your services. Good nigh to you.
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