We would love to hear your thoughts about our site and services, please take our survey 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.
Allinadayswork, Thanks for the reply but hope you meant £15 not £13 as I need it nearer £16. I will have to wait to final result next month then see if I take a loss or hold
Also, RNS yesterday stating Public Investment Corporation Soc Limited increased holding by 2% if I’m not mistaken. Whilst not necessarily a green light to buy I find this reassuring
Can understand your frustrations in seeing the share price continue to drift lower, however, I don’t think it’s a time to panic. Solid company and at the bottom(ish) of packaging cycle in my opinion. After special dividend and consolidation share price is just exploring recent lows and will find a footing again I’m sure. Long term holder so using these opportunities to slowly top up as it may continue to drift to £13
This is the worst share i have bought ( and I have bought quite a few bad shares) 20% down even with the dividend it will be down 10%+, just seems to go down every day. My fault just saw the dividend and bought in didn’t do enough research. Anyone else do the same
Not seeing much support here .
i think it is fair to say that the consolidation plan has failed to support the sp
they might as well had done a share buyback at least we would have kept all our shares.
Those 3 short positions have closed. Strong support showing at 1390p
Just topped up
OMG. @FALCON What do you think will happen to the SP in March when it goes ex-div again?
You’ve contradicted yourself on what your ‘loss’/dividend is but my calculations you have between £40k and £60k invested in MNDI and you - nor anyone on here - do not understand why a company’s SP/MC and thus, your capital, goes down when it goes ex-dividend.
That March dividend won’t get paid till May btw.
I've been today's drop, imv it's gonna happen all week for sellers, at todays SP, It will stabilise and rise.
Imv a lot of folks saw €1.60 (£1.37p) and did not understand what was going off, ie no better or worse off, we got wait for uptick in SP.
I am worse off at consolidation at mo, once I recieve 6k+ special, it will reflect the lower SP ie today's 40p ect.
Still there's 45p divi in March to get aswell then I'm level from today's SP.
Just got it take its course, bought 1000 plus today.
Yea understandably the sp and market cap has remained the same but my initial capital is down by 12%. Really annoyed they’ve done both the ex divi and consolidation on the same date. Left a lot of confusion.
Should’ve sold on Friday while I was in decent profit tbh.
It seems to me that the market has not understood the consolidation and is discounting the dividend.
i have just worked out that if i was to buy the same amount of shares back to where i was at the current market price it would take all my dividend cash leaving me no gain.
so if the plan was to keep the sp the same through the consolidation process it has failed.
How are they giving you £13.30ish? The share price is £14.50ish.
There are less shares outstanding, so with the market cap being constant, the share price increased to over £16 - yes £16+ - from the previous £14.50ish. The drop from £16 to £14.50 is the 10% we saw yesterday because it went ex-dividend.
Again, they wanted the SP to remain the same after the dividend, which they have achieved.
Go back and work out market cap. That is the only thing that matters. Noone has lost money. That money will be paid on the 13th Feb as a dividend.
They can’t just steal money from you!
I hope your wrong mate. If your right they are taking one share worth over 14 quid to give us £13.30 ish depends on exchange rate so the more shares you own the more you lose. Unless they waiting till the dividend date to adjust. But they would say that and the consolation happened yesterday
The price on Friday was 1489p (see Friday’s post below). Trading 212 shows it as 1641.8 so they have updated the chart to reflect the consolidation.
The 10% drop today is because it went ex-dividend with 9-10% special dividend (I haven’t worked it exactly) but that is the main reason for the drop.
I guess it has all been a bit confusing but the aim was for the share price to stay roughly the same after the ex date, which it has. Nothing will happen tomorrow, you’ll see.
Something will happen on the 13/02 though. You’ll get a nice fat dividend.
I got in touch with customer service as the share price hasn’t dropped 10% today. I was told the charts haven’t been updated yet to reflect post consolidation price. Will wait to see what happens tomorrow.
If u look at the previous close price and open it’s pre consolidation price still.
It's a 10% special dividend. You can't have your cake and eat it!
Mines a mess too at the moment showing 10.1% loss which is huge. Don’t think it’s dropped that much has it today.
Anyone similar on trading 212?
Trading still suspended on ii and 212. Surely, the 'loss' is your special dividend? The SP is higher than it was last week, due to the reduction in shares outstanding.
Anybody Holdings updated yet, it's pizz poor,, not updating, mean while costing me 3900 quid loss, till price stabilises and Holdings get assigned.
Record dates at 16.30 today, if you buy Monday you won't get it.
Dab in.
Still worth a punt. Can see 1650 by next year.
that was unnecessarily rude. sorry stargate. i’ve been reading too much on the lloyds board and it is clearly turning me into a ****.
Quick, call the papers, we’ve found the next Nostradamus in the form of Stargate! Well done for successfully calling a 50/50 chance. Jesus wept. I’ll get in touch when I do my next coin toss.
I'm surprised the market has reacted so positively to this news, given the fickle nature of Russia's mafia government. I'll believe it when the money's in the bank and the divi is paid.
No doubt those investors who bought MNDI, on my advice of 4/8/23, will be happy with the predicted sp, of 1400, being met and surpassed by the high of 1408 today . I also said progress may slow down because of overhead supply from previous trading, from 1400. The second price target is 1500.
Public Investment Corporation Soc Limited increase their holding from 9% to 10%