Member Info for avocet123

The truth is the sp is down the same % as iag today, and they didn't have a consolidation. That's the reality.

Strap, sell your shares and move on if you are so worried.

Keep going like this and I will be thinking you are smiffy/toddler/gavin

Masaimare you understand the sp is down because IAG and EZJ are also down, yes? Good.

Strap, the number of shares does not affect the overall divi paid out so your point is wrong and irrelevant.

I have ezj shares, a chunk of them from before COVID. Trust me for a long time they didn't do very well.
The reality is, you don't seem to understand the difference between growth and income shares. Just look at the lgen chart. It's stayed steady for years. Just because a share isn't growing, but instead paying reliable 7% divi doesn't mean it's going to sell off. That's just sill because eventually the divi would be worth more than the share price. Think about what you are writing before you post it. Have you ever seen a share that is worth 10p per share and pays 10p divi? No!
The divi SUPPORTS the share price, growth or no growth.

"This cannot grow, so it in all probability will shrink"

Why?? Very strange statement.

Not so bad to raise at a premium. Don't see that often.

I don't believe in tea leaves. It could go down, it could go up. But to say it's nailed on going either way is just silly.

Results look really bad to me. Maybe not reading it right. Big impairment for woodsmith also. I have no respect for Frazer but looks like Sirius would not have stood a chance anyway.

Not sure what you mean. FTSE 100 is still nearly at all time high, but taking a breather. I don't see the market struggling much to be honest. It should be by rights, but I think the market is looking past any recession. Don't believe all the scare mongering in the news.

This is an income share, not a growth share. For as long as the dividend is expected at the level where it is, the SP will be supported at this level.

No one is expecting serious SP increases in this share, and equally serious SP falls are not anticipated.
This is being held for the divi, not much else.

Thats because they are desperate to BUY. But they are not getting my shares, thats for sure.

I don't know. I think I missed the boat to trade. Should have sold Monday. My feeling is the results are priced in. What the wider market does and how that affects Rio bhp etc is written in the stars.
I won't sell now, at most I might increase the holdings in my miners.

Results were pretty much expected although there will be a bit of a sell off followed by further sustained rises over next few months, I think.

That would be most welcomed. I am desperate to increase my position here, but I have no issues doing so north of 2400p

Masai mara, whatever you think you know, the market already knows and it looks like it is not doing as you think it should. Shocker!

The company is not just debt though.
How much are assets worth?

This is still way way overpriced.
Its making huge losses and I dont see anything that might change that.
If anything, Ocados's cost are going higher, and demand is getting weaker.
How are they ever going to turn a corner?
The SP should be nearer £3 if that in my opinion.

Because it can not be up everyday.

I should add, right now it is still up 40% year to date.
It had rose too fast so its taking a breather before next leg up.