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SteveE60 - I've have a look at the price chart (see the link above) and to me, on the 2Y chart (choose Historical Chart, then click on 2Y) the price from April 14th to today looks similar to May 9 2021, to Jan 20th 2022.
If I am right, then we are in for a decent rise. It won't be dropping back by much. IMHO. DYOR.
Questor tips Glencore
https://www.telegraph.co.uk/investing/shares/miner-has-beaten-ftse-100-years-investors-can-still-buy-bargain/
This fund was in the top 50 recommended funds in investors chronicle and I wanted exposure to mining stocks but I'm hoping to enter a little cheaper as it wasn't long ago this was 575p
As much chance of that as £7+. Trying to time the market is hopeless. It’s a long term investment, and entry price, whilst important, will fade over time.
I'm thinking of buying into this fund anybody got any advice on timing any chance of 600p
More announcements not reported on here and an important one - dividend 5.5p paid on 22nd Dec.
https://www.investegate.co.uk/blackrock-world-mining-trust-p/prn/dividend-declaration/20221116143557P06F6/
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This site doesn't show any BRWM RNSs after the one in June about Kepler, but there have been plenty of them. Why don't they appear on here?
"Recession Fears Can't Curb The Commodity Boom"
https://www.zerohedge.com/commodities/recession-fears-cant-curb-commodity-boom
Why isn't it written in plain English of pounds shillings and pence?
Hi alldoes anybody have any insight to what BRWM intends to do with the stake in Woodside it has recently acquired following BHP Group's decision to merge its Oil & Gas assets with Woodside Energy?
https://www.woodside.com/investors
Often happens between close and 5pm...can never be traded like that. sure someone can explain why this happens but is basically just a reporting glitch that resolves after 5pm.
On a different tip I see that BRWM has earned enough income to cover 3 interims of 5.5p already this year with over 2p to spare...not even 5 months into the year! Income received is running over 30% higher than last year at this stage. Receipts will be lumpy of course but it will be interesting to see how this pans out over the rest of the year...all the signs are that another bumper final dividend will be on the cards though. As I stated previously it would be good to see the board get some of this income into the hands of investors quicker through increased interims but hey ho.
"It could be just weeks before Shanghai – a manufacturing superpower, and home to the world’s biggest cargo port – returns to life". Headline in newspaper today; should lead to a surge in commodity prices again.
Something wrong here -
Share Price: 699.00
Bid: 733.00
Ask: 666.00
Change: 12.00 (1.75%)
So I can sell at 733p and buy them back at 666p ! Easy money. If only ...
I've just noticed that I didn't post the link -
https://kingworldnews.com/we-are-on-the-cusp-of-a-massive-crack-up-boom/
How will BRWM fare in the medium to long term - does this article offer a clue?
"We Are On The Cusp Of A Massive Crack-Up Boom"
His conclusion -
"We are about to experience the worst of two worlds simultaneously: while the financial bubble collapses, in anticipation of and the response to an accelerated debasement of fiat currencies, prices of everything from commodities to finished goods will soar as a crack-up boom materialises."
Cheers, Rye - that's helpful - sasa.
Just (big!) bumps in the road...as we know Covid shocks tend to dissipate relatively quickly and when they do the story on miners and metals remains strong I'd say. Core holding this for me anyway, will just sit out the waves and compound the divs along the way. Still it looked better at 800p than 680p there is no denying that....
Just not showing here...on London stock Exchange website and many others. Yesterdays NAV
677.83p Capital only (undiluted)
695.01p Including current year income (undiluted) XD
"Industrial metals from copper to iron ore recouped some of Monday’s losses after China pledged more support to help revive an economy that’s been imperilled by an escalating virus outbreak". Today's news.
the daily NAV calcs does anybody know? Haven't seen the usual valns. for a few days and couldn't find anything about this on their website after a cursory look.
Useful, of course, to see where we stand vis a vis daily prems or discounts applicable - sasa.
It looks a long way from 1,000. Let's hope it's not a reversal of the trend.
It is still above the 200 day SMA of 618 which is good.