Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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Reboot == rebought
My average is 142p .... I bailed a bunch at 145 from 140 and reboot sub 130 which helped the post divi fall very nicely so tucked in for a boost which looks to be on the cards :)
Agreed CBB, What is your average if you dont mind me asking? My average is 145-150p but im not too worried. The last divi bridged my losses a bit and the next one should put me back in the black. The MD is fairly straight talking and I've seen a few of his interviews which I like. Im going to keep holding for the Divi. I think they'll be fine. ALB
yeah, it'll be a good yield for those buying in now, but only cause the share price is in the toilet on the brighter side we nearly hit 135 today !!
In line with expectations, so the boards budgeting is on track and the divi will be maintained. Should be one of the bigger yields about.
"in-line with expectations" though, and according to this link that would give a very healthy 12.5% dividend, always been highly cash generative too so a special dividend can't be ruled out either http://www.digitallook.com/equity/NAHL_GROUP
and yes, i agree, £2 a share, should have been a possibility, but i'm not so sure right now, if it is, then i dont think its going to be this year, and in that sort of time frmw so mny other things can change
on the surface looks good, reading between the lines to me it sounds like they are just burying their head in the sand while the share price plummets, the re-branding and advertising is making zero impact on the market, it's not interested, it's almost like these measures and plans have been written off and expecting to fail and the share price is reflecting this lack of confidence. I too thought it was a good buy in at the point i did, i'm now over 20% in the hole and don't see where the recovery is coming from, waiting for the government to get the new legislation sorted, to then hope the plans they have work is a bit like asking how long is a piece of string, it's going to take a long time, already expecting first delays in publication
Never really understood the logic of waiting until break even to get out of a share one loses confidence in .... recollect bailing telewest ... down from 60p when I bought in to 10p when I bailed ... Telewest went bust ... and made the money back on Thus .... I'm looking for £2 a share at least here myself.
Agreed, on paper this should be a buy, in reality, the minute i can get out of this one at even, i'll NEVER be back
and a share price that looks like it's anchored in quick sand
Solid business which has had plenty of time to adjust to changing regulation. Good margins and a very high sustainable dividend. Definitely a buy at this price.
this is true, the markets are a law unto themselves some days for sure. The other info as i remember then, so no surprise to drive this down trend, it just is what it is, will have to ride out the storm as they say, i might average down if it falls enough. Only thign i would say is that obviously the start of the financial year may have gone as planned, i think it's gone off book a bit right now! waiting game to see how it plays out
"but, it was a known possibility, right?" - All known and nothing new today as far as I can see ... but when did that ever stop the financial markets from throwing tantrums. From the AGM: "NAHL's new financial year has commenced in line with expectations. We continue to invest in our businesses and remain well placed to take advantage of opportunities for further growth."
yes that civil liability thing is a possible reason, but, it was a known possibility, right? there was talk of something like this, and NAH have mechanisms in place to diversify and cover the potential drop in revenue right? or am i thinking of something else?
seems i had a bit of a typo there, brain not in gear when typing, meant to say.... "are what i expect from my mining sector aim shares, not main stream brand name shares" it's too hot to think straight !
Some shares get sloshed around by the MMs .... I bailed a bunch myself around 145 two weeks or so ago .... reducing exposure to 50% of what it was ..... looking for a re-test of 120 ..... we will see.
This has taken a tumble because of ..... Queen's speech today: "a Civil Liability Bill, designed to address the "compensation culture" around motoring insurance claims"
christ knows, but a 20% drop was not what i had in mind for this share, and i can't see this being "in line with expectations" for anyone who has invested here. right now i can afford to carry the paper loss, so i will, but at these prices, do i risk throwing good money after bad and averaging down in the hopes of a) a faster/easier return to break even, and b) in the event of a take over, an increased potential for some small profit These sorts of death spiral topping up to average down tactics are what i expect from my aim shares, not main market shares ! right now, profits form one of those shares is likely what i will use to average down here, alternatively i'll use said money for a couple of new investments and just ignore this for 6 months.
MMs are really short of stock here :)
"that it is in investments with a better upside possibility than here right now" In that case, your best bet according to your posting/opinion is to bail ..... Me, I'm happy with "NAHL's new financial year has commenced in line with expectations. " :)
oh, and yes, i have looked closely at buying some more, unfortunately to make it worth while it needs to fall a little further, and i need to free up some capital, which is hard given that it is in investments with a better upside possibility than here right now, but it may be possible if i get a little further gain from one or 2
hahahaha..... you may be right! you might also have noticed i also said i called it wrong, i genuinely thought that although my buy in price was inflated a small amount due to the impending dividend, that the SP would recover fairly quickly, because i believed this one to be somewhat undervalued, and following the ex-divi date and a small recovery time that it would find some support for a slow steady climb to circa 180, instead we've seen little to no support, and a constant relentless fall, to a point as monty pointed out, where it is now prime for a take over, whether wanted or not
"the f'ing huge percentage i'm in the red with this on" If you do think it is going to back to your breakeven price buy some more .... if you don't, cut and run. But your statement simply suggests you should stick to Barclays Bank high Deposit interest account of 0.15%
"So what are the negatives" the f'ing huge percentage i'm in the red with this one, that's enough of a negative for me.... called this one way wrong, thoroughly disappointed in it so far, and first chance i get to break even, i'm outta here!