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Some carnage kicking off for Airliners this afternoon... contagion/market correction imo: WIZZ, TUI, IAG, JET2. check out their SP's for the drops around 14:13 BST.
EZJ in particular... apparently on back of Ryanair CEO Statement of softer Pricing for Summer Ticket Sales.
Oh I agree with you fleccy... I'm saying that BT will do very handsomely imo despite rest of UK economy which is set to be struggling through perpetual crises in the coming year ahead.
That article mentions nothing about cost saving achieved by switching of PSTN, end of next year... which must surly be quite significant.
BT wont be affected by house prices, since it provides an essential service in today's modern world. Most people can't manage without their connectivity so even if younger renters decide to use their mobiles, instead of FTTP, BT have that covered with their ownership of EE.
I expect to see a lot of 5G and FTTP bundling in future years, so CP's and others will likely focus on discounted bundled packages utilising a full range of services including IOT.
The easier they make it to buy, the higher prices will go. The only way to stop that is build more homes.
Basic economics.
Savills & Halifax are so full of **** - yep, new build property prices are up (ppl can put down a tiny deposit & take out 30-40yr mort) but... that's drawing first time buyers into taking on monster debt volumes and pulling buyers away from neglected/dilapidated pre-owned housing stock, which is no longer selling because 95% of first time buyers have no cash or headroom to take on extensive renovation works on 'doer uppers'... the data is making it seem as though housing market is remarkably resilient when in fact it is storing up gigantic problems & big potential for contagion. BT Will remain resilient though, indebted folk will have nowt to do but sit still in their newbuilds watching Netflix, as one partner loses their job in an unemployment wave beginning to hit home.
Https://uk.finance.yahoo.com/news/beaten-down-bt-share-price-051100012.html
AimMaster2018 - I first began buying BT early 2023, sold entire holding for profit summer 2023... began buying again in Autum/winter 2023 and I've kept buying up more this Spring. Max price I've paid for any of the tranches is £1.30. But that's the most info I'm willing to share... as I previously said I have been trading since Dec 2022 and yep, so far I've not yet made a loss but I'm very grounded and know that is just a matter of time... biggest gains I've netted have been from trading TUI, Currys & BT. Plus a number of other gains too. For everyone else on here AimMaster2018 is bitter because I was considering investing in Capita (CPI) but...I've been frank in my language on the CPI chat board that after examining the financials, the macro economics and risk v potential reward - I see far better value in BT stock right now... and that is where I've kept on putting my money. I think BT is going to be shorted heavily in immediate future, although I am in for the mid-long term. DYOR.
Want to see an example of ramping gone wild, try the bitcoin forum on Reddit.
OK i think I've found the answer to my quest
Ramping
The practice of trying to boost the price of a share and the company behind it by buying the securities in the market with the object of raising demand. If the price rises, the ramper may be able to make a quick profit by selling. This behaviour amounts to market abuse and is illegal.
Well said Abject , can we now have a debate on "ramping" please . For a start what the hell does it mean , is it some kind of sexual act , mandy used to use the word. So i figured it was a bad thing.
Not interested in what savage says or has said. Can we just move on and talk about something more enlightening
Savage stated the following
27 Mar 2024 12:36
Afternoon Mandy, sadly I've no £60k to place trades, if only!... I am but a tiny spec/amoeba, smaller even than a wee minnow in this vast ocean of traders...
I place infinitesimally small stakes (£0.5-£1.5k tranches) where I spot there may some gains to be had, by placing long trades (well mid-term really), using my salary income, in a desperate attempt to bolster my savings pot towards our house deposit (my wife also trades too)!
So far though we've been consistently beating bond/savings accounts by a considerable margin with ~7-20% returns from our positions (with just a couple of losses thus far). I began trading in late Dec 22
Key point is' with just a couple of losses thus far'
But in the past week, he said 'AimMaster2018 - Good Q... I actually haven't yet made a loss (trading since Dec 2022)'
Could you clarify please imho
"once Labour take the reins credibility will return, BT will be a keystone for unlocking economic growth."
Sorry SKR but I find that statement astonishing and unbelievable.
At least the Tories have the excuse of a very nasty war in Ukraine and a global pandemic for the economy being a mess. Agreed its a mess. But Brown could not balance the books in good times. Selling half our gold at its cheapest price for decades. Destroying company pension schemes, mine included. letting council tax run riot. Giving pensioners a 89p a week rise, remember that? leaving the country near bankrupt. ( He had a good teacher though. Denis Healey did the same in the 70`s I think) Labour being credible, unlocking economic growth? I think not. Not a Jack Polance.
I will not vote Tory or Labour this time. If Starmer and Sunak are the best we can do then we are in trouble.
..2022 is unverifiable and could be a lie along with all other lies on other boards imho
It seems talking the talk is easy lol. If one makes few trades and makes profit. You'll know exactly when u bought, sold and what profit was made from memory. For someone to believe it will hit 1.60 from when the price was just under 1.30. At no point would u have sold when the belief was there that it would hit 1.60. To say you've sold means u were ramping and didn't believe in what was ur target sell price that u were telling everyone it would reach. SP today is at 1.05. U failed on what u believed was 1.60 target price in short order. U failed to highlight and verify claim you sold when ur time history states otherwise. Then to go from sp target from 1.60 to now below £1 Indicates your claims of not making a loss since 20
I'll check the exact dates on Tues AM on HL account... what with enjoying the BH weekend I had not appreciated it'd attract such forensic analysis. My overall point remains and whilst I was off with timing of my £1.60-65 sp forecast for BT I nonetheless believe it'll prove very resilient through these turbulent times ahead.
Savage :
AimMaster2018 - Good Q... I actually haven't yet made a loss (trading since Dec 2022) but... I absolutely do expect to book losses and I'm not taking anything for granted. My wife has booked a loss on Synthomer though, quite a sizeable one but not outweighing her other profit making stocks which saw her through.
How can someone who says BT shares won't be sub 1.30 for long and will bounce to 160-65 but share price has been on downtrend. If sub 1.30 was good enough purchase price for him. If he had sold. It would have been at a loss because he would have held for his 1.60 which never happened. So how can he claim he sold at a profit lol. Imho
@IDoMyBest Savage claimed on a different board that he's never made a loss. This guy sounds like he lives in a cuckoo land imho
Seems strange that you would post this the day after Boxing Day, if You had already sold all of your holding.....
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27th Dec
"Correct, you have to be holding the shares at close of business today to be eligible for the interim dividend payment 🎅 - lots of reasons for positive moves on BT SP these coming months ahead!"
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20th Dec
"SOM - You'll want to top up before SP rises up to £1.60-65p ;-) - the bull run is on the way!"
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I'm puzzled, is it really that hard to admit it.
Please, do save me the time and point me in the direction of where you posted that you had sold and taken a profit. I can't seem to find it. ;-)
I purchased last year yep, sold the whole stake for profit... waited... bought back in again this year 👍 - only a small stake though and I plan on buying more on these upcoming dips.
The assumption being that it recovers. What if it stays where it is and later there is a cash bid @ 150p
I have seen so many times that those holding shares that have fallen hard, state that by holding they will eventually recover. None seem to realise that a cash bid would force them to sell.
All that said, it is rather unlikely here.
Would be nice though, currently holding at an avg. of circa 106p. I'm leaning more toward a break up, carving off the retail arm EE. I am assuming that merging the two may be a precursor to this.
Missed posting a link to one of the charts in the previous link.
This is the chart comparing the value of the stock in each universe.
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=1399088825&format=interactive
I expected a response from Toff to my post in the sub £1 thread. I think compounded growth through dividend reinvestment is a subject worthy of its own thread. As I said in the previous thread dividends aren't guaranteed, but neither is continual price outperformance of growth stocks over value stocks.
I'll repost the previous chart showing the compounding effect of reinvesting 7% returns over an 11 year period, with an initial investment of £100,000. After 11 years the £100,000 will have grown to £210,485.
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=257670331&format=interactive
The next example involve two different Fleccy's in parallel universes.
Fleccy1 and Fleccy2 both invest £100,000 in BT stock, at £2 a share, purchasing 50,000 shares each; In Fleccy2's universe the share price immediately halves a week after he buy's the stock, but in Fleccy1's universe the price remains at £2 a share. The dividend remains at 7.7p a share in both universes and both Fleccy's reinvest their yearly dividends back into BT stock. After 19 years of dividend reinvestment the value of Fleccy2's portfolio catches up up with Fleccy1's, with each owning approximately £204,000 of stock, but after year 19 Fleccy2's reinvestment pulls way ahead of Fleccy1's due to more dividends buying more stock at a cheaper price. After 30 years Fleccy2's stock is worth £498,000, whereas Fleccy1's stock is only worth £322,000.
The reason Fleccy2 outperforms Fleccy1 over 30 years of reinvestment, is due to each Fleccy2's year on year reinvestment buying increasingly more stock than Fleccy1's. After 30 years of reinvestment, Fleccy2 will own around 498,000 shares with a dividend of £38,000, whereas Fleccy1 will own around 161,000 shares with a dividend of £12,000
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=933652602&format=interactive
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=305726335&format=interactive
Obviously this is a made up example, aimed at demonstrating the power of dividend reinvestment when a stock drops in price. If both Fleccy's retired after 30 years of reinvesting dividends, and decided to take income instead, Fleccy2 would be far better off even though he initially suffered a paper loss due to the drop in price of his initial investment.
Savage.....bought this year?
Come on, you can admit you bought well before, and well before current levels. The posting history doesn't lie.
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15 Dec 2023 - 125p
Get your buys in while you still can for sub £1.30p as SP will not be staying down at these low prices for that much longer!
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8 Nov 2023 - 121p
Since it's fallen down to the current levels I've restarted my process of buying again but... this time I plan on buying many more tranches and holding them for far longer.
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19 October 2023 - 116p
I think you're absolutely correct on long term hold however, this is about to move sharply upwards imo for several reasons... Incoming revenues are inevitably swelling and making it easy to service debts. BT is seen as a safe equity, a healthy and stable divi return, plus it's deeply embedded culturally as well as its infrastructure. These past years big investors have chased bigger returns in start ups/crypto etc... I think a trend of buying up safe and stable assets is about to begin, as large funds seek to re-evaluate exposure and shield themselves from risks.
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;-)