Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There is an old stock market saying ...if you are 100% invested in
one company and that company ends up in the ****, then you are 100%
in the ****.
Everything in one company ? -
That's not investment, it's gambling.
You could wake up any day to a massive oil spill that could take a large % chunk
off the share price, unlikely, but still possible.
Some of the questions you are asking are not possible to answer.
They could halve the payout and IMB would still yield more than
the average UKX stock, so I can't see how there would be ..forced selling.
However, in terms of what any individual manager would do, you might
as well ask what are tomorrow's lottery numbers.
A lot depends on any detailed guidance given for the next 12 months.
What markets don't like is uncertainty and the market is clearly raising
questions on dividend sustainability, which is what the current yield indicates.
Markets tend to attempt to discount bad news before it arrives,
VOD significantly cut their dividend and the stock is well ahead over the
last few months.
I'm not making a buy case for IMB and don't currently hold,
will have a look on Monday. Always best to dyor.
Unless you are talking about domestic cyclicals, the majority
of revenue for most UKX constituents is derived overseas.
The MCX is a more domestically focussed index.
Https://www.bloomberg.com/opinion/articles/2019-10-31/suing-big-oil-is-how-states-tackle-climate-change
I hold a small amount of RDSB, would no longer hold this in any quantity.
Happening more quickly than I thought?.
May not happen, however that's the price I would be interested in.
To be frank (and I sold too soon) that may take a nasty market sell off to get
to those levels again.
Regardless, luck to holders.
Is significant here - WTB reference this with an example in the recent statement,
which is worth reading.
My Impression is some investors may have forgotten there is a large slice of cyclical
earnings in their revenue.
None of that will matter much if a bid emerges.
Not just press reports - it's been RNS'd - if that's even a phrase )
Going in the opposite direction atm.
Hopefully you will do nicely. Think the doom was a little overdone here
yesterday.
@ 213.63
Luck to those holding.
Storm, if I had to take a guess, these may be available between 1.70-1.90
very approx, at some stage.
There is a Small degree of bid speculation in the price.
Who would have thought Green King was worth 50% more than the market
value, yet it suddenly was.
Not making a buy case, which is why I have not clicked even
a weak Buy. Mentioned I've bought a small amount and the current yield.
Under £2 would not surprise me at all, however the gift of prescience continues
to elude me for some reason ).
I'm not known for my optimism either!.
Approx 8.8% on the current SP.
Lol, well I was watching Netflix while also taking care of an ill kitten,
but yes had it on a screen in front of me.
Perhaps should have bought a few more, let's see.
Second lot @ 201.44
N/m
Could trade under £2 ..?