The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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 no financial adviser and invest with money I can afford to lose. However I have done reasonably well by buying on the dips in companies like RDSB, BP., AZN and so forth. I'll give AIM a look but the spread is often a killer.
Unbelievable!!! about 300 words to say AV. is not for you.
Good luck with your investments elsewhere.
AllAtSea, thing is though, where do you put your money, been looking to put some spare cash somewhere and have genuinely no idea, oil? fags? pharma?
Just thought I would take a profit, reinvest some elsewhere, and hold the rest in cash.
May is a long way off and I might get back into AV. cheaper..
Also interesting to see that today £19M shares SOLD and only £7M BOUGHT , a near 3-1 ratio, so again people are voting by taking 410p and selling rather than awaiting any May dividend, even at 22p p/s...... what do they know??
As per my previous posts on AV Dec/Jan, the share price will not deliver suitable gains, and by whichever performance measure you use, the returned performance has been worse than poor, even derisory. Originally I firecast that as soon as sp gets to 430-40p many will simply dump their holdings and cash in, as many "investors" will have taken advantage of the 350-400p range, and will take the 7% divi then sell at anything close to 420p, as you can see even i have downgraded my sell target. The days of this been a 500p share , even with huge cash in bank reserves etc are way off in the future. Once a share falls out of favour with the professionals then its recovery is a long, long road back and thats whats happening to AV. None of the major buyers fancy the stock even with 7% yield, that should tell us mortals something. What has always irked me is that the Board MUST know the feeling and sentiment of its share holders and the very negative postings on numerous sites etc but their response is nothing. Blimey, even Motley Fool has stopped tipping AV and its 7% yield, seems even they dont see any share price growth aongside divi anytime soon. I was all for giving Tulloch a fair crack at the CEO role, but i now see so much in the various chat rooms that AV should NOT have gone safe with a long time AV employee appointment who seemingly is preserving the status quo (to a degree) and should have gone with an outsider with imagination. I am begining to come round to this train of thought. Am afraid that nothing anyone can say on these posts will change my views as i have seen too many "jam tomorrow" posts and applauding of share price reduction so "topping up" can happen, but what point a top up if the sp never performance, perhaps these topper uppers are simply averaging down their purchase price from the heady days of 430-480p so their portfolio doesn't look so bad. Roll on 430p so I can sell and recover my £35k and put it on so many better options. Before i get quizzed on these better options, let me say that in under 3 years Terry Smith has turned my £35k into £73k and his Smithson fund has turned my £10k into £13.8k in less than 12 months, performance AV can only dream of, but never replicate. Tullock is the invisible man sailing a leaking ship and unless he has a plan to regain lots of peoples trust, be prepared to see AV languish long term, share price wise. Buyers will be those looking for a safe haven for retirement cash, happy to get 7% yield as it beats any bank offer and deemed less risky than some funds, but understanding that nil risk comes with poor share price growth. Not for me. If I dont go with that lovely Mr Smith, I would sell up and buy RDSB at 1950p and same divi yield, at least RDSB will recover from 1950p, AV will most likely languish most of 2020.
Good
This dog of a share falls when the ftse is down also when the ftse is up