Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen 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.
I am intending to call/email Tom Grace later to day (as invited) to voice our concerns.
If anyone could let me have the details of the main points/facts that I should be raising with him concerning this attempt by the Patels to rob us of future fair value for our holdings I'd be most grateful (as it would save me trawling through the chat board for these details)
Thanks
MB
I've just been into II and voted again, but I still haven't had a voting form by post for the SHG shares I hold as a certificate at home.
Correction - The actual Meeting is April 4th
Cut off date is the 29th April
Just voted too, honestly thats a weeks notice. we could of been on holiday, that is not a fair and reasonable timeframe. looks like they are hoping people miss this. everyone check your voting centres on respective brokerage accounts, something stinks.
Same with HL, but this one is for an 'Extraordinary General Meeting on the 29/4'!?
Could I suggest everyone check their Broker Accounts as ONCE AGAIN as this just popped up in my account without any prior notification from HL!!! 😡🤬😡🤬
It is very peculiar to announce a dividend before you have audited published year end figures. I think Tanzania must have no capital maintenance rules because Shanta does not appear to have had distributable profits from which to make the dividends it has made in the past and is making now. But even so. Smacks a bit of throwing everything into the pot. The dividend is not related to the deal. Shareholders would have been expecting to get this size of dividend anyway. I was rather surprised the interim dividend was not raised. But then the Patel bid was ongoing behind the scenes.
Ditto from Interactive for me. Have now voted No at least twice.
What's going on with this utter shambles?
"Gold’s long anticipated breakout finally arrives…"
RM Capitla Analytics: Rashad Hajiyev
https://www.youtube.com/watch?v=9jmi0IqkyTo
11 days ago he said a pause was necessary - he was right, "I doubt that gold will linger for too long under $2,200" - he was right.
"I would't be surprised if gold tests $2,400 by April" - and he goes on to say $3,000 gold in November, 2024.
It's only a three and a half minute video, see what you think of his reasons for those numbers.
Ditto..
There’s only so long they can wait. they’ll have to produce results updates soon and if there is too much money in the bank it would get challenged why.
there stuck as gold goes up, we know they sell in the open market, non leveraged price so they’ll be getting max from golds rise. they aren’t keeping up with the increase, six months too late
As gold keeps going, their acquisition price is going to have to keep chasing.
But why announce now ? Are they concerned that all these shares pi's are selling are falling into hostile hands ?
To vote again......WTF is going on with these people
The correction in last few days caused by dollar strength. Dollar now rolling over agin so gold is resuming the bull. This buyout at Shanta is turning into a pantomime. It is quite literally a joke.
Shanta is going multiples higher.
Talking of forecasts - I recently saw one (with good analysis backing it up) that gold will be at $2,400 in April and of course there was Michael Oliver with his prediction that once the rise starts (I would say it started two weeks ago) the gold price will rise by $600 in sixty days, so that would be at about the end of April Will this takeover deal be sorted out by then?
Hey Mr Patel, do you really think that your pathetic 0.15p is going to make a difference?
It did it - over $2,200.
I posted this on 06 March that gold was heading for 2208 after watching a brief from Francis Hunt on Market Sniper. We hit that figure today. Francis hasn’t posted any higher targets yet, but when he does I will republish them here.
Shanta is pleased to announce a dividend of 0.15 pence per share will be paid on 26 April 2024. The associated record date is 2 April 2024, and the ex-dividend date is 28 March 2024.
If I owned one percent or more of Shanta Gold, I would want to see the interim results for Q1 2024 before voting on this buyout.
Wonder how you'll fare at Tescos tomoz. with your dollars......suppose you could sell them in the currency shop first!
Gold futures above $2,200+ this morning!
Shanta Gold must be worth at least 24p (£250 million) on forward earnings and Q1 results just around the corner. Will our institutional investor friends do that right thing and act in their best interest. Not in the interest of Bidco.
I don't tend to conform to the herd and therefore don't equate to why "all" seem obsessed with the $US price.......£GBP price seems to work better here in the UK.....I'd hate to have to convert my gold sales to £US first and then to £GBP......think of all that commission....lol...........anyone got a nice car for sale.....how many troy ounces? perhaps in time?
Correction $2223/oz
ICB888. I still have holdings in PAF, WPM, MTL, HOC, SRB, and some other miners. I thought I had sold all the SHG shares, but found a few more in another account. It looks as if tomorrow will be another big day with Gold just having punched up through to $2023/oz. Good luck all.