George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The sp is taking a lot of settling down since the change as it's up and down like the proverbial nether garments of a lady of ill repute, for no apparent reason.
Or does anybody know why?
The 1.4p final dividend needs to be adjusted for the 1 - 5 share consolidation. 1.4p final divi equates to 7p, plus the 4p interim gives 11p. At a current price of £3.54 thats a 3.1% yield.
This is where I'm a bit confused, as, the div has increased from 3.5p to 4p, however the SP is now 356, not the usual 70-80p range...
So, we usually work out the div % by dividing the dividend (4p) by the share price (356.6) = 0.011 x 100 = 1.12%
So 1.12% is the interim div yield
So in total for the year, including the final div, would be 5.4p/356.5 x100 = 1.5%
Not great really.. Please correct me if I'm missing something.
What’s the yield in percent now?
Nice div increase and likely inclusion in FT 250 may attract some positives against caution of UK house building sector prospects.
Raised it 1p in old money to 76p. Think it is a re-iteration.
Yeah it will Be interesting to see how much it rises
Good to see Barclays raise Breedon to 3.80, surprised at the volatility on here now it’s out of Aim, you wouldn’t really know with the ups and downs
Cheers
Amateur .
Over 6 months construction section trending up and also up today
Breedon over 6months trending down and down again today
Been here a while but see no reasons for holding on could be time to bail out
See how the rest of the week goes
GLA
various reasons, it is basically just trying to get an advantage over other participants. most likely computer programs competing with each other over fractions of a penny, and of co**** giving the effect of share price movement, and causing a drift in the desired direction on low volume. just have to wait it out, nothing wrong with breedon as a company.
Can anyone please offer me an explanation regarding the multiple small purchases ?
Probably a very simple reason of which i am unaware
many thanks in anticpation
Dartron
I hope you are right at the moment all we see is a trend downwards
For my financial wellbeing I could do with a reverse onwards and upwards
G l a
I think 338 is the buy zone. BREE is a great stock anyway, so long term buys here should do well, but at current levels, I think you will be getting the lows. I expect several funds are having to sell this, due to being AIM only funds. It was noted, in IC mag, that there will be similar buying from FTSE weighted funds as well. I would hope to grab some at this level, but tricky freeing up funds in this market.
Besides, there are other potential short-term drivers for Breedon’s share price; in particular, a reversal of recent share sales driven by technical factors. Analysts at investment bank UBS estimate that around 5-6 per cent of those who held Breedon shares on Aim would have been forced to sell after the stock left the junior market. Breedon's shares were then consolidated at the ratio of one new for five old shares, but the new Breedon shares will only be eligible for inclusion in the FTSE 250 index in September. This provides “an attractive entry point” before passive funds that track the index are allowed to buy Breedon shares. Once they do, UBS analysts expect passive buying of 5-6 per cent, “with active flows (ie, buying) incremental to this”.
Another stunning week now 0.67p old money!
Anyone any opinions on how low we can go?
Londoner
Cheers always good to hear your take on things
Mr Tom was a true quarry man and surrounded by a like minded team with years of experience and know how
I’m unsure the present team have those same qualities or perhaps they possess others but equally valuable
Let’s hope so for mine and others bank balance
As you say we will see shortly
G l a
I'd guess yesterday's price reaction was in response to the latest construction update from the ONS. I think this comment captures the situation:
Clive Docwra, managing director of property and construction consultancy McBains, commented: “After last month’s figures fuelled hopes of green shoots of recovery, today’s statistics will come as a blow to the construction sector.
“Particularly disappointing was that the fall was as a result of a decrease in new work, suggesting that confidence remains low among many big investors.
“It’s little surprise that private housing continues to struggle, and with falling house prices and low mortgage approval rates it will take some months before volume house-building shows a turnaround.”
Fair to say, the market is challenging. Higher interest rates are doing what they are supposed to do. Next month Breedon announce their interims when we'll find out how management are performing in this environment. Does Breedon still have the 'self help' abilities of the Peter Tom days?
Rylander
Yes mate just as you my worth now is lower than it was a few months ago but I’m sure there is a stunning plan afoot and someone for more intelligent than me is going to let us know how we will soon be millionaires Rodney
If you're like me Megan, all you are missing is a lot of your investment.
Emm
Doing well since we moved to the main market !!
We’re now at the heady heights of 69p in old money
Well worth it then !am I missing something ?
Just legal bum cum
Got me baffled this one, what`s the latest RNS all about, court hearing?
Now 72p in old money. Should be a good income generator, as the divi increases - and should also see steady growth. I reinvested my accumulated divis, at a good price, just before leaving AIM.
Glad to hear it, mine is a SIPP. The only place II fall down IMO is that it takes around a week to deposit funds to the SIPP, where as BI was next day. I still have BI Isa, but understanding the issues I listed, I keep mainstream stocks in there and rarely trade them. I also have an IG isa, which is the best platform for trading IMO. Shame about BI, its really geared for buying funds.