Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Well she came back down this afternoon as I thought but not as much as I wanted or as much as other shares !. I feel sorry for the oiler share holders this week but cant say im surprised as the writing was on the wall as soon as HMG got involved. Do we think the Wok media will ask the government now to support Shell and BP share holders ??. With dividends cut by 50% and all the green pressures on the companies sucking up any profits not taxed by HMG ? the companies are only half as attractive as they were in 2019. Anyway that's history for me wont mention oilers again, its what this Lady does now that really interest me.. Still keeping me powder dry here will probably dip me toes in next week once I can get a sense of the sentiment of the FTSE on LGEN.
Shes up a bit today but the yanks have a habit of smashing things down in the afternoon especially on a Friday too lock in profits.As people say you pays your money and takes your choice, I sat on my hands at 8am hopefully I will get a reasonable entry in the next week .Life is too short to stare at a screen all day , the divi implications are not huge with a few shares either way . I have learned to listen to my head and not my heart now I have to learn some patience , my wife def says that is not my strongest suite ! .Good luck everyone on here, the suns out its a nice day time to get in the garden, I will pop back at 4pm and see whats happening to LGEN. I could set a automatic buy order I suppose but I like to be there when I spend my money although thats never stopped the wife.
My brokers did me a favour for once ! by taking a while to pay me out after selling the last of my Oilers last week at a small profit . Now the really hard part I just have to pick the right entry point before ex divi date. How low can she go and how hard can this be ? I think I will certainly wait for the Friday afternoon sell off that usually happens, I think maybe dripping back in over the coming weeks might make more sense before ex divi as nobody can guess the bottom exactly although 220-230 ish will get me tempted .Anybody got any views on where this roller coaster ride will end up ? , factoring out Covid she does not drift that much in my opinion over the years .
No not gone still very much alive and kicking ! .Having sold BP and Shell I still have to put the money somewhere ?, im retired hence my annoyance at Shell etc going all wokey and cutting the dividend as I only buy shares for decent dividends etc and dont want to be Day trading .I think we have entered more turbulent times and one does have to dust off the share certificates sometimes now and question if they are working for you or loosing you money.?I think LGEN is a better bet than oilers now but if things change here I will sell LGEN I am not going to get attached to shares anymore.
I have started a new discipline of listening to my head rather than my heart recently and sold my Shell shares Thursday morning.Sold all my bP a few weeks ago also all at a small profit. .I have to say I am quite pleased for once in my timing as all the markets have crashed since. I have to wait for my funds to be sent from my broker but I had intended putting £30k in here once I sold so the lower LGEN goes in the next week or so is fine by me .Saying that I DO think LGEN will be a better divi payer and a nice boring steady share compared to oilers since this green wok nonsense and new Gov taxes have kicked in .I loved my Shell shares but the days of never sell shell are well over since the Green nutters took over from common sense. .Have a good weekend and lets hope for a nice bounce back here in 2 weeks.
Dont want to be party political but not sure if Boris's chat about selling property to people on benefits will help TW at all ?.Thatcher sold all the nations silver with Council houses and utilities etc back in the 80's feel boris is desperate to sell something to win an election but there is nothing left to asset strip ?.If TW can win big contracts to build affordable housing etc thats good news but we hear year after year we need more houses and then Builders get clobbered by Gove on a Woki witch hunt over Grenfill towers u cant make it up.. If Politicians stayed out of business I think the world and this country would run a lot better and TW SP would be well over 200 by now.? Heres hoping for some common sense joined up decison making in the next few years over housing.
Although IMB got a kicking today on the back of the wok HMG smoking report, later on today most shares in the FTSE also fell badly , I know it does not help in the long run but makes me feel a little bit better , same as shouting at the news when the Smoking report came on .Anyway lets hope we get the over sold bounce back tomorrow,.
I sold this morning at 2449.176 rather big spread was expecting 2450 , would of liked 2500+ but a profit is a profit is a profit and hind site is a perfect science.Good luck all hope u get your target prices , in my opinion the amount of bad news and oil price increases needed to move this up much more would cause major world problems and nobody would benefit in the long run.Bye All .
Is it me or is HMG turning this country into a nanny state ? Your evil if you drive petrol cars, your evil if you have a gas boilers, evil if you smoke etc etc , but if you can afford electric cars and thermal heat exchangers your place in heaven is assured !. Why not hit drinkers while we are at it ? it would be funny if it was not so serious , after the oilers have been taxed im getting a bit nervous here .
Nazir basically we get a new Haleon share for every GSK share we own currently. It is a grey area however is that before or after the consolidation ? I think it is before but dont hold me to that , in a nut shell NEWGSK needs to reflect in its share price the fact its chopped off its Haleon assets.
I have waded thru the circular to share holders sent out , im old fashioned share cert and everything sent to me on paper. I have also had to ask for a paper copy of Haleon prospectus which I would of expected everyone to get automatically .In a nut shell we will get around 52p a year on our combined newGSK and Haleon shares .NewGSK will consolidate its shares and if we are very lucky we will all just about stand still although the prospectus says the share price may go down if the market thinks its all a bad idea.It annoys me that all the bla bla bla talks about unlocking value in GSK via the split then they stick the knife in and say sorry you only get 52p not the old 80p a year Divi certainly in 2023 who knows what 2024 will bring ? I do ask how the hell is that unlocking value and providing share holders with wonderful opportunities ? I am breathless at times with the bare arse cheek and double standards of it al, l who ever writes the prospectuses must be a politician .
Seem like your the one crying Nomad ?, I seem to have struck a nerve with yourself , just look at yesterdays charts up over 2400 and brought straight down again at 4.30 ,this will never ever get to 3000 under current management and HMG interference no matter what twaddle analyst write .2400 is currently a strong resistance level which I am as frustrated with as everybody else !. HMG has taxed her and caused a high level of uncertainty , nobody can tell if the current 3 year tax imposed will stay in place after 3 years ? and a poor 4% divi increase is all that's offered going forward by the CEO. I would suggest it will be too tempting to ever give it back , a precident has now been set by number 11 and future chancellors and every wok press will moan if we get our old divi back , they want the money spent of vanity green projects most motorists and shell share holders dont even want and certainly cant afford...Finally your last point I never understand why people have to have 1000's posts to be listened too or have their views even accepted as just another point of view ?..I have been on and off LSE under different profile names for many years , pre lockdown etc one used to have better things to do, I have had over 1700 shares for around 10 years held on good old fashioned paper certificates. Hope that helps. Have a good week everyone, as only rose tinted views are wanted here I shall just watch from the side lines and post no more , hopefully 2450-2500 will be reached in the next 3 weeks ??? I would love 3000 but its not looking promising . Have a good week everyone and I hope all your dreams come true..
Nomad if you were in pre 2020 like me and many others here then I dont think returning only half the dividends Shell did in 2019 etc with the same share price now is good news ? , and with the CEO only committed to only 4% divi growth a year its not a particularly good reason to stay in the oil game going forward either, hence my BP are gone at a small profit and Im waiting for 2450-2500 to cover my dealing costs out of Shell at a small profit.. .Again today she bounced back after passing 2400 there is def a ceiling here I feel shell is not a cash cow for investors and pension funds anymore .if peace is declared in Ukraine and opec start pumping this will retreat a whole lot more in my opinion . Im certainly not happy I bought shell I thought for life but HMG and wok britain is the death of a decent share.This is just my observation and opinion DYOR. I bought shell as a decent oil and gas company to provide a sound retirement income.Its now a poor paying divi share unless you bought at 2020 lows ? and its now a play thing for HMG and green looneys . Good luck everyone if you think Shell is good for your pocket then stay put else I suggest you look elsewhere , we are all adults and we all have different views and reasons for being in shell so I dont expect everybody to agree with me. I do want the SP to take off so I can get out soon as possible but I am not holding my breath..
I hope u r right Nomad but she keeps bouncing back off 2400 , the more I can get the better.I think there will be a lot of resistance at £24 and the gov taxes dont make shell the bell of the ball anymore £30 is impossible pie in the sky shell has never been that high even with decent dividends which will never return. I will give it till July hopefully sell my first half at 25 if she ever gets there ? and then see how the land lies ? I will bite the bullet to get better returns elsewhere regardless by July and well the lot, it hurts me to say the divi now is historically very poor and HMG will be pulling every string possible to keep the wok media happy.
Its sad but true ,if all the negative news around the world at the moment effecting oil prices etc etc cant get Shell easily over 2400 and stay there then nothing will and all the analysts wild high share price predictions are a load of tosh !!!.
I remember those bank crisis and TW days I think it went down to 3p hind site is a perfect science ! bought mine at 30p .Mind you again we have been nobbled now as the special TW Divi brought it up to around 16p+ a year now we are down to 8.8 p and the new CEO has not announced a special only pointless buy backs to appease HMG and the media after Greenfill Tower . Again HMG leant on a lot of companies unlike in the USA and a lot of FTSE companies paid no Divi . TW never gave us back our frozen divi as you know. Then the Greenfill cladding nonsense kicked in and HMG wanted just the uk registered builders to pay for all the re cladding even when they did not even build the dam tower blocks effected !!!!
HMG unlike other world governments have nobbled a lot of investors to fund their **** ups and wok issues like with Shell & BP etc , its hard enough to pick a good company without HMG coming along at the eleventh hour and stopping any pay outs to share holders as wok media think we are all millionaires living off the labour of the wok masses. .Good luck I am retired as well and share your pain.
I agree Nomad, I am an ex fan of shell and reluctant woodbe seller but the days of never sell shell have come to an end !.. If you have a war chest to spend on oil would you invest in a company hobbled by 65% tax on profits and with a dividend halved over night at the same time as an American oil company keeps paying out full dividends Covid or not and where even a Democrate government are not even taxing the life out of them ? .Not a hard choice to make , HMG are shooting at the goose that lays the golden egg with Boris's big bazooka !!!, pension funds and private investors wont take this wok nonsense for much longer .
Seems to be a lot of resistance around 2400 , she breaks it and just falls again shortly afterwards no matter what the oil prices are and all the bad news around re supply.If it was not for Ukraine I think we would be a lot lower than where we are now , and if Opec open the taps to increase supply soon it could soon fall a lot more. May have to sell at a small loss next week , if Shell price cant get over 2400 convincingly with all the bad news now on oil supply it never will.
I agree buy backs are just smoke and mirrors and just legalised theft. .They are just to keep HMG happy along with the media so us alleged multi millionaires are not seen to get any income from hard pressed working people. We used to get a nice welcome special Divi announced over the summer months which was the main reason people bought this share .And dont forget TW kept our divi money on HMG orders during covid . so is the new CEO going to do the right thing and give our money back do we think ? Don't hold your breath, its all legalised theft , CEO's all over the FTSE dont really care as their incomes dont suffer, a lot have a knighthoods etc at stake .
thinking too much = too much poor ? what is this supposed to mean ? Its not even Queens English ? .
All I know is if my capital outlay in shell shares is returning 50% less in terms of dividends despite what the oil price is on any given day .I know my dividend returns still are 50% less than before Jan 2020 so its totally irrelevant what the oil price is now and its totally irrelevant how much profit shell make now or next year etc as that income is not being returned to loyal share holders .We are getting 4% increases max as stated clearly by the Shell CEO end of . Our Divi money is being wasted on foolish green wok policy and new gov taxes to keep the wok media happy. It is the sensible thing therefore to assess how ones capital can be better invested elsewhere to make far better returns. Roll on 2450 and im out , all my BP shares are sold and the money returning 100% more elsewhere. It annoys me to see Shell, BP etc used in the same way as builders & banks just to keep the media happy .Why not hit Pharma,Energy,National grid suppliers, Why not make Amazon actually pay any tax !!! , What about the monopoly supermarkets had during Covid none of this is mentioned in the media etc . They all made a massive killing out of Covid , they were all were one off profits out of the blue , why not tax their profits ??? !!!! If they did this in the US there would burn down the WhiteHouse , .All US big oil paid out full dividends during covid and still do with no taxes why is HMG forcing Shell to give in to the Wok Media ? Sorry Its all over folks it hurts me to say it but UK oil companies are just going to be used as a cash cow every year now to fund the next Wok idea and latest winging by the media . The precedent is set, After all we are all multi millionaires on here making a killing from the hard working masses, lets be honest mind you those moaning the loudest about oilers have not done a day work in their life and want a free ride .Good luck all , if you got in on the 2020 lows well done , everyone else you have my sympathy .Have a good week.