focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Buster, I thought it was you putting your short arms into your deep pockets.
It does make me laugh when analysts & financial journos tip a comnpany based on the sublime analysis that it has fallen x% in the last year so it must be a bargain.....I don't know if that is what Andy is thinking (I'm not sure he actually thinks!). My pessimistic brain usually tells me: "perhaps the company was overpriced and it has fallen back to fair value".
At least with LGEN we know that it was never overpriced.....so that 'must' mean it is now a bargain (QED).
DYOR and don't believe me or Andy.
Andy, if betting on the 2:30 at Cheltenham is your idea of investing then you need more help that I thought. Good luck 'investing' on the gee-gee's....hope you have plenty of fun.
"Has Liz and Quasi re entered the building??"
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Perhaps that is what we need, the cavalry riding to the rescue. Boris as PM, Liz as combined Home/Foreign secretary and Kwasi as Chancellor (of course). The dream team!
"Any info on what that speculation is "?
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Ripley, the speculation according to the RNS is unfounded - possibly some Chinese whispers about an offer for the company (read earlier posts).
I have no idea what following means ".... confirms that it is in discussions with Goldman Sachs as an ongoing financial adviser". This could mean anything.....like how they are going to invest the money they didn't have in SVB!
"There seems to be some dividend confusion on here so here goes."
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Gary. thanks for the clarification, can never hurt. But I think the confusion was just 'DangerMouse'....I reckon he was looking at a different company.
It seems to be more about 'influencers' now. I suppose everyone wants to dress like their favourite celebrity....I'm lucky because I like Johny Vegas and can dress like a tramp.
After a long wait for Q4 production update it finally arrived and...."extreme weather conditions' returned to Kazakhstan.
The saviour to the figures was grade jumping to 2.49 gr/tonne (impressive increase of 18% from previous quarter).
Typo in the RNS ('mined' 124.1kt should have read 'milled' 124.1kt ) makes me think it was a little rushed....even though they have had plenty of time to get it just right.
Anyone know what "....accelerating the opening of deeper horizons...." refers to?
DM, which company has dividend of 18.097p that goes ex-div on 4th May?
It's all talk. Talk about offers and talk about future profits. When someone makes an offer I will consider it (although the deal will probably already have been done). When TRMR deliver amazing profits I will be happy. Listening to gossip is almost pointless unless it leads to something concrete. Show me the money!
show me the money!
Patrick Boyle says in his latest video that SVB didn't have a risk manager from April 2022 until Jan 2023....I guess nobody wanted the job!
Little more than a ponzi scheme caused by a lack of regulation in USA I reckon....woke tree huggers to some at Fox news.
"Don't know why I don't listen to myself. Should have bought a bond."
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Andy, I don't know if you're being ironical or what, but isn't it buying bonds that got SVB into trouble?!
I reckon linking the collapse of SVB to ESG & 'Wokeness' is far right claptrap. Bad decisions to invest in bonds in a high interest rate environment isn't 'Woke' just bad management.
Hard to see how ESG &'Wokeness' can be blamed for the collapse of a bank through poor investment decisions....far right claptrap. Personally I blame Gary Lineker.....probably in cahoots with Liz Truss!
"As one put it, there's no risk pulling a deposit just in case and redepositing once all is fine, but there's all the risk in the world if you leave it put."
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If your deposit is covered by a £85K bank guarantee (or US equivalent) then there is no risk in leaving your money with the bank...if enough such people withdrew it would cause almost any bank to collapse, especially if they were forced to sell assests on the cheap. Herd instinct, human nature.
People/companies who have large unsecured deposits with small/medium banks need their head testing....or can afford to lose it.
Shush MP0818, you're giving away all my secrets!
There seems to be a pattern.....although there is no such thing as a dead cert. What has happened in the past isn't always a guide to the future....although I'm expecting it will to some degree.
In a very short time anyone who buys new shares will get a 13.93p dividend, so my guess is that may become very attractive....especially if the SP falls further (assuming the dividend is fairly safe).
Cash under the mattress is safer than the bank....I expect it's all under Offer's mattress, so perfectly safe!!!
"And I think we should be clear, the reason for today’s drop is me having bought shares yesterday!"
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Meconopsis, it is good to have someone to blame....although not necessarily yourself.
Of course I blame Liz Truss!
I cannot understand why a 'small' bank I have never heard of has caused such a reaction. Sure, it looks like a run on a bank. But it's a bank that has been lending to growth tech companies....which were arguably over-valued. Is there something deeper going on?
Looks to be a problem if you are a forced seller of bonds. Perhaps the market has just woken up to a potential problem & over-reacted!?