Oracle, just wondering what you are basing your predictions on this share price on. I appreciate, and respect, your experience but as a relative newbie who has a reasonable knowledge of the market through analysis, charts and news feeds (the big T-rex may disagree), wouldn't mind an insight as you are so sure of your posts. I hope this isn't a repetition of your short prediction on Marstons of 27p who are currently riding at £1.21 and have never gone below £1.15 since post. Not having a pop, just trying to keep the board current.
Hi HH, it's basically going short or long on the share price i.e. what is the research pointing towards. It is also worth considering your tax position as income tax is payable on dividends and capital gains tax is payable on share profit.
Sorry TT, I'm also a relative beginner with a reasonable chunk in the ring and I ask my self, what appears to the rest, to be silly questions from time to time. Ignore the "snobs" with their track suits and Gordon Gekko red braces and cigars. You will always find a friend on the board to answer questions. All I'll say is take a look at the figures - there are simple algorithms out there to assist in the research - but don't be afraid to ask...……..
Where are you getting your figures from? 10% rise following dividend pay out, more like dividend equiv drop. With regards increase in value due to current increase in oil price, think the markets will have factored this in anyway- it's hardly breaking news. Current price tracking majority of FTSE at the moment which UK political volatility isn't helping so pick black or red and wait for Mrs May's latest disco revival
I have reasonable holding and looking for a little decent advice on sell/hold/buy position.
Taking into consideration current political position and the old friend/foe, interest rate, what is it about the fundamentals of this business that some of you don’’t like.
Let’s get away from the rivalry squabbles on mine’s bigger than yours - there’s a table with a 6” ruler in most bs drinking holes for that.
We should also get away from the rampers and derampers, if that’s who they are - what percentage of the stock do you think is discussed on this site? Who do you think you are, Gordon Gheko, greed is good, blah, blah, blah. All you are doing is confusing, on the whole, a decent chap/chapess trying to make a few quid for their pension.
So, what is the thought on the current performance bearing in mind, what is thought to be, a positive trading update on Wednesday?
PS sorry if I vented a little, had a bad day??????
I'm a novice so please forgive validity of question if todge.
Rule of thumb is that mm's will reduce share price by divi value following day (appreciate other factors can differ result). With around half the total value being a "special" payment, will this still apply - or is it suck it and see?
Good to see but did this a couple of months ago. I do hope it continues as I need 0.29p to break even.
On another note, within the articles of agreement for the refinancing last year, I believe the bank who put up the cash took share options - a debenture I think. However, I believe these were to be on agreement that the company would buy back 2012/13 at 0.90p.
Now this can be good or bad -
Good if Bank have taken well researched calculated approach and see long term value.
Bad if they call the "chips" in at 0.90p when the share price remains sub 0.30p - Looking under the bed time...
Thanks for the advice - my average is 58p which is probably not that bad in relation to current sp.
The reason for the question was really related to should I sell and look at something a little faster moving with greater trading activity (there's plenty of it around at the moment) or wait - I'm in at £6K.
With my lack of experience, I am finding it a little frustrating to see progressive downward swings in the sp with little or no market news and little trading volume.