George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Fully vindicated. Still a major part of my portfolio. If all goes well with the vaccines and trade recommences in Spring I anticipate these will move beyond £2 and continue to provide pleasant dividends. What's not to like?
The chart is now not much worse for this than for many other ITs right now. It is sticking to its 'value' convictions and its management has a good long term record. So I am staying put. It recently altered its brief so that it could include up to 20% in 'safe' classes such as gold. Also pledged to continue dividend for now. Fair enough!
With so many sells everyday how is this staying blue!
You probably do not want an IT which comes out top right now but SIGT is not performing at all well, probably because it is hard to be committing to dividend (as well as 'growth') when most shares are not giving any. Recent article says average sustainable divi should be no more than around 1.5%. This is therefore on watch to sell. Thinking about throwing a lump of cash into RCP, but not quite yet.
Shows the Board are very decent and in my book makes this a long-term hold.
But the shares held in their portfolio are not going up, for example Purplebricks, Marston's, Fair Oaks and the Japanese equities in their held funds. AJBell's gone up a bit. If anyone can point me in the direction of a complete breakdown of their holdings I would much appreciate it.
Strange because this IT is defensive.
....performance but defensively positioned. Will monitor.
At least it was Patient Cap and not the icicle fund! Patient wiill probably get taken over when he calls it a day (shortly?) Generally a sound performance from SIGT inspiring long-term confidence from an outfit worth paying their charges.
at the chart!!! Speaks volumes.
.... better than the supposed 'alternatives' like RICA and HAST both of which I bought too! They will be ditched when volatility goes but these will not - in fact may reinvest some here.
worth more than 1p on the SIGT price! (and cash of 1750000 x £1.60 to add to the reinvestables.)
Beware assuming red trades are all sells here. My holding of these now brings SIGT into my top 3! Safety First for the next few years.
Lots of comment to similar effect this week. SIGT's tactics will get me through if I can just stick around through the down cycle.
,,,fund manager this .Alreaday an investor here and after reading last Annual Report, hugely taken by their research and tactics. Today sitting in local coffee shop reading their Grauniad when up pops an item from some international body confirming that all major economies are now past their growth peaks and just starting on downward paths - precisely the assumption SIGT management have made, reckoning on a world recession by around 2020 and gradually withdrawing cash from the market ready to reinvest at 'the bottom'. Decided to pile more of mine in here, even though I have other Alternative type trusts to protect capital in event of a crash (or more likely, a slow downturn), All those who regard their savings as a trust fund (like me) note well.