Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Much as you
Sold some PFG to buy back before x Div if well under £4 and as a stop loss along with another financial stock for slight gain but other share already down 10% in 3 weeks and yes can’t see other than culprit being Covid-19 FTSE fures we’re down to mid 6600s and Nikkei down 3.2% as of now so I’m thinking a lot of cheap stock out there tomorrow and maybe cheaper yet. GLA and stay healthy
Afternoon chaps
Results look solid to me and great to see the divi making big leaps.
Not tempted to buy back in if I’m honest, maybe if we reached 390’s I would.
My holdings have taken a thrashing these last few days. How’s everyone else doing?
I’m blaming corona
Yup Dow down 600 probably worse to come so in spite of results I’m selling some to try to buy back lower GLA
Well with the increase in dividend at the current SP of 431 PFG offers a dividend yield of ~5.8%. So it gets a Buy from me.
So far one hold and one buy recommendation following the result.
Me too but at least we collect the dividend soon and technically that’s a deduction from my average cost
It’s almost a cliche - results as expected and shares drop but as was mentioned there are other things going on that may have an impact and I guess the perception is there’ll be no news for a while do holders who bought in at lower levels maybe using their cash as a bolt hole or looking for a quick turn elsewhere if / when the market bottoms
I’m in Royal Dutch Shell B too - nuff said :-(
Down another 14.80p (pre-market opening) at the time of writing, so things might change, but are we just in the throws of an over-selling (oversold?) market at the moment given what's sadly going on elsewhere, or is there some sense behind this madness? PFG is down c12% now from the 491p recent peak it reached not that long ago. Wish I'd followed Echo now and cashed in my chips when it reached by break-even 488p!! Oh well, still in for the long haul I guess!
" The Board proposes a final dividend of 16.0p per share (2018: 10.0p), up 60.0% on 2018.
Total dividend per share of 25.0p per share (2018: 10.0p), up 150% on 2018, and representing dividend cover of 1.9 times (2018 (restated): 4.9 times). "
Well if that in itself doesn't lift the share price nothing will.
Let's see how the market responds when it opens.........positive hopefully.
Happy with that, shame CCN didn't break even and Vanquis profit slightly down (I don't actually remember them advising this) due to suspension of ROP. However 150% increase in divi demonstrates board thinks this is a sustainable recovery.