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£2.20 is as good as guaranteed I'd say, either before the end of this year or early next. I am happy at that level with a superb dividend to allow re-investment.
£2.50 is my target but longer term into the second half of next year or so, could go higher than that over the longer term next 2 years or so.
Just my opinion based on all factors though, good luck guys.
Got an upgrade at last, but the SP is still quite shy. Unable to move up gracefully, lol.
250 TP? Yes please, lol.
I am already quite happy if it does get up to 220+.
DB upgrades PT to 250p...Whooo hooo!
Had to come eventually, hopefully it is sustained this time :)
£2.20 shortly hopefully
GS starting at 240……plus nearly 20p in dividends….these just need to hold their value to be a good investment.
A buy around these levels for me.
A blue finish for the day and for the week, but still underperforming the Market. It does seem that 205 is a very tough resistance. Let's see what next week will bring then. GLA and have a great weekend everyone.
Well, let's hope so my friend. Love to see it going back to the 240's again.
Good luck and have a nice evening.
And back to £2.07 today Seen_it, it has been up and down a bit recently, but it's held above £2.02 since the start of November, so that's already an improvement. With the new this morning and the better outlook regarding interest rates, etc. it should hold above £2.05 now.
£2.20 on the way over the next few months, £2.50 by middle of next year at the latest in my opinion.
Good luck all
Like what I said, MNG just unable to stay up above 205. We got to 207 yesterday, but then bang comes the downgrade today. Now we are passing blood again, Grrrrrrr....
MNG top 10 shareholders are Sovereign Wealth Funds (Saudi and Norway) and Large Investment groups (eg Vanguard). They own around ⅓ of the company.
The largest shareholder (Saudi) holds just over 6%,
These are all very large investors that own a diverse range of assets. Don’t expect much change in these holdings over time.
Source Marketscreener.
The RNS is a notification of MNG having sold a holding in the company Sigmaroc (which is a mining company) and not the other way round. As another example the RNS on 13/9/23 is MNG increasing its holding in WHS.
Thought that myself Monty. Would love to get some inside info for the reason.
Why do the big share holders that likely know more than us keep selling down MNG when their updates seem OK, what are people’s thoughts please? (Noting todays RNS as an example).
There is always the possibility that it will drop below £2 again this week, next or in the coming weeks, it is less than a 2.5% swing to take it down, but in my opinion this only represents a good buying opportunity and equally it may not drop back below £2 at all. Either way it will recover properly at some point and the risk of it falling back below £1.90 level is very low in my opinion. The company is solid and dividend has been maintained, my anticipation is a move towards £2.20 again over the coming months, if of course we can avoid further escalation in the wars throughout the world (which obviously is not guaranteed) and any interest rate rises, with a further move towards £2.50 or so middle to end of next year. Taking all of that into account, along with the very good dividend, it's a sit back and wait for me.
Anything above £2.10 it's a hold for me. Anything below £2.05 and it's a buy.
Just my opinion though
Best of luck to all holders
Vod will recover and the merger will be granted.
I could do with this falling into the 190's in a few weeks as I wont have spare cash to put in till about a months time. Investing.com has this as a strong buy on every technical indicator.
On the plus side, dividend payment to spend ...atb
Same as ever, it just unable to stay up above 204/5. Always falls back once it reaches this mark. Let's hope that this time it won't go below £2 again next week, lol.
Good luck to all holders and have a nice weekend.
Anticipation that interest rates will remain unchanged possibly helping to steady the ship also, we will see what today brings.
I don't think there is any news afoot, just moving back up to where it should be sitting, it really shouldn't have dropped back as far as it did. Hopefully it will hold steady now above £2 and begin to rise back up to £2.20 or so in advance of the next x-div date. When things start to settle down and if we can go a month or 2 without another war breaking out, it should continue to push up.
Another yo-yo movement here, the possibility of falling to below 190 reappear once again, if the current market conditions won't improve. Come next week and we all will know. Good luck to all LTH'S and have a nice weekend.
Thanks loggy