Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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We hear this afternoon, no interest rate changes in US and non Farm job figures were better than expected!
@Chitty Many governments around the world are talking about infrastructure plans to boost their economies, so I agree this will have an impact on demand for sure.
I've been buying today so fingers crossed for an upwards rotation next week in the miners when the next US inflation data is released and the market news story goes back to "transitory" inflation likely being longer term again
You don't think Biden's infrastructure plans will impact on the demand?
OK, thanks for your ideas. I'll research further. I'm only down 1% with yesterday's fall so I'll consider getting out. I saw a couple of days ago Barclays cut RIO to 6000 from 6150 so I was already thinking there may be further drops. I'm not yet convinced having seen a couple of miner CEO interviews recently and talk about continued global material shortages and an expectation of higher pricing continuing for some time
In my humble opinion the peak has already occurred and the only way is down in the short term. As a business so reliant on China , are their political decisions, it's not an investment for me. I went short at 6094 ( a tad too early) and will come out before the ex div date
Hi Darlonil, makes sense. The last two dividends saw about a double div drop in the SP. Are you including the special dividend in your drop number also or just standard in this scenario? What do you see peak SP in the run up?
Cheers
Share goes ex div on the 12th. It is my belief that, on that day, the price will drop by approx twice the dividend. So if I'm correct in my assumption and the price remains stable until the ex div date you should be able to buy in at around £52.50 next week
Happy days all :-)
I bought more into Rio yesterday and other tanking miners. Hoping for a rebound after the the US jobs report or maybe next week after fud from the inflation report and fud over a major impact on the chinese economy over delta (which I'm not buying into at the moment - Bloomberg yesterday said only 500 cases have sparked their latest regional restrictions and they properly test and contain).
The dividend and special dividend value only keeps improving so my plan is to average down all the way as I'm heavier cash at the moment. I'm just a private personal investor for my retirement with little experience so if anyone has other advice I'm all ears.
Good luck all
Cheers
LOL.... Hi Mando and Chitty. Firstly, thanks Mando for your kind words and
completely understanding my motive in reference to news items.
Secondly, Chitty...I don't wish to assume what you are thinking but maybe you were giving me some of my own medicine re' my comment to brobad on Monday? I did feel a bit $h!t¥ when I read my comment next day and left a more helpful comment and answer to brobad on Tuesday. Hope it helped him?
Ref' News items:- I've asked this question before... why doesn't this site show new news items with a red dot and number on the icon above anymore? It used to until recently? ie, lots of news today but no dot on the icon. Most days now, I look at ftse100 news to make sure I don't miss anything. Oh, and I'm not being sarky when I know it's not a legal requirement but I consider it a service that used to be fulfilled by this website. That why I signed up for it.
Next, I wish this sp would settle into some sort of upward trend. As many, its very erratic. Ah well, good luck to everyone ;-))
Chitty
Did it make you feel big behind your keyboard saying "Surely you know that?". Your first sentence was fine as it was.
I'm sure Ram can defend himself just fine but I'm sure he was just highlighting it for people who hadn't seen the news yet and titling it as an interesting rhetorical question. Surely you know what a rhetorical question is?
All the best
It isn't a legal requirement. Surely you know that