Member Info for Bananaman2

Why would urban airports buy a fuelcell when the whole thing is at a very early stage. This is the future of carbon free travel. The AFC fuel cell system will enable this development of urban hubs across the world without the need to modify the grid power. This gives a glimpse into the future and will most definitely lead to sales but in years to come. Its EV charging power systems we could expect to be selling first as well as genset replacement. They are needed now.

Thanks James. Intention is to watch the price and add another 5k batch if it falls further.

I asked yesterday about the ongoing charge but it appears its not taken as capital its factored another way.

I bought 5000 of these today. Usually means the price will go lower.

Through HL there is a 1.08% Ongoing charge. Can anyone say how this is taken? I assume its taken annually but do you need capital on account to pay it ?

Taskmaster, your post at 0842 ? Not sure I understand your point ?

Don't post much these days but now coming up to 12 years of holding. This is again painful. Yes I am in profit but no I am not entirely happy that we are again without any updates or positive news for the shareholders which will positively affect the SP. I've waited this long so a bit longer isnt going to hurt but I do have a cut off and limit to what I can take. So much potential but as yet very little delivery.

GET A MOVE ON NOW. THE WORLD IS CRYING OUT FOR CHANGE. AFC HAVE THE PRODUCTS NOW FIND THE BUYERS AND SELL THEM

That's howni am doing it Nervous. Taking the dividends and selecting where to buy based on value. I tend to look at the PE, yield and divi cover then the RSI and MACD to pick a low price for a stock. I felt I had played this quite well. My PF yield was over 7% and my capital was up 10%. Now, due to the smashing of anything good in the FTSE my capital is at a 1% loss but I have more than covered that in dividends. However, I don't need the capital and will keep with this approach and intend to ignore the market noise and buy the stocks at the lower prices. The ones that offer the best value based on fundamental and best entry based on technical. Its frustrating seeing capital being eroded but I cannot see why its happening. When PEs ate sub 10 and yields are above 7% covered by 2 x earnings in most of my PF it kind of tells me that the performance is good enough to retain the dividend and the SP is low based on earnings multiples. US norm would be more like PE 20 and yield of 3%. That would see some UK stocks at 50% of US values.

And the FTSE has dropped because of ? Its all BS. The businesses that make up the FTSE are doing OK. Much better than the FTSE would have you believe. Its now becoming a casino like AIM.

I said yesterday to pay a dividend with a 9% yield covered by nearly 3 times earnings and a PE of just above 4 something is misplaced with the SP.

Double the SP and the PE still sits below 10. The yield drops to 4.5%. However with the dividend cover MNG could afford a much bigger return to investors.

There are some truly magnificent value stocks appearing lately. Perhaps too good Its putting investors off. If you can stomach the current market then sit tight and ride it out. Keep adding where you see value.

Using PE, dividend cover and yield gives me a good indication of value against earnings. SP dropping equals greater yield and reducing PE.

Would use NAV for a stock like this.

Yes, they can award what dividend they see fit but when this is covered by nearly 3 times earnings why reduce it ?

PE is getting on towards 4.

Ridiculous price.

I am really struggling to make sense of this market at the moment. The FTSE 100 companies have demonstrated they can perform and return to shareholders earnings per share at least 1.5 x dividend. Price to earning ratios of all my PF is under 10 with the exception of 2 stocks which sit at 12. Dividend yields have an average of 7.2% across the PF yet the SP is dropping and actually improving or making these stocks look even better buying opportunities. Very confused investor at the moment.

I honestly thought I would not see this below £2 again. Thr mind boggles as for what reason the price has dropped the equivalent of nearing 3 years of dividend payments. Its laughable.

Blame the 1.25% dividend tax rise. Won't affect me. All ISAd up. Markets are disgraceful at the minute.

10% of $2m for $300k. Sounds like a great deal that ????? Over payment of $100k !!!! Or am I missing something.

At least it is moving forward to closure. A small delay is really not a problem. This will be closed by the 30th Septemeber. As it states, financial terms are agreed.

But trading on a PE of around 4.5 and a dividend of 9% suggests that MNG is ridiculously cheap when you consider the dividend is also covered by over 2 x earnings.

£4 per share and a 4.5% dividend would be more reasonable and the PE would still be below 10.

Also the daily RSI has touched the oversold condition. Can still go lower but the whole thing is very strange when you look at the indicators of value. This is shouting undervalued. How much lower it can go is anyone's guess. I'm only looking to add but this is getting very close to my average now so adding below that would not upset me too much as MNG are fundamentally sound.

Sasa43. Its nuts. Absolutely bonkers. Tempted to take a few myself with this week's dividend payments from elsewhere. If gold is so out of favour. Or at least the mining of gold then perhaps we should stop using it as a hedge against inflation and pumping its price up. All POLY do is mine the stuff at the demand of the buyers. Miners used to be a leveraged trade agiant the underlying commodity. Thing is now when gold goes down POLY goes down. When gold goes up POLY goes down more. Nuts, bonkers

PE of 7. Dividend of 7% covered by 2 x earnings. Crazy crazy state the UK market is in.

So, here is a question. PE is below 10 and dividend nearing 7%. At what point does the price stop dropping as both those fundamentals are already showing incredible value. To top it off the dividend cover based on EPS is 2.

Now, if the SP keeps dropping the the PE reduces and the dividend increases. What is the point where it becomes so ridiculously cheap and there is so much value regardless of gold being dirty ?

This is also the case with many companies now on now on FTSE. Take IMB, BATS, MNG, PHNX and to so degree LGEN and DLG although the latter have a slightly higher PE.

The whole thing is looking stupidly cheap I comparison to US stocks. Just makes me want to accumulate all UK FTSE value stocks.

So great results met with SP bumming and its not even ex dividend day. How pathetic.

Same old story of late. UK market just gets sold into anything decent. Haven't seem much positive SP movement even after some very decent sets of H1 results. Pathetic. Oh well, keep accumulating and it will all pay off in the end. Too many day trading trying to make a couple of hundred quid.

Its only the SP lagging now. I agree that as yet POLY have not disappointed.

BP is not an oiler its an Energy business. Thanks to Looney and his plan to diversify into clean energy projects. It really seems that this is not well understood. We absolutely need oil but to meet that demand BP have taken the opportunity to clean up the business and provide alternative solutions to those that wish to stay away from oil. I am sure there will be a name for this type of person. Like a vegan. A true Vegan will not even use animal products or wear leather shoes etc. There must be individuals out there which refuse to use oil based products. Good luck with finding your solar or wind based alternatives.

Could be that we never win. Too green for the oilers but not green enough for the greens.

Ironically, once in place and operational green projects selling electrical power should be highly profitable and have the required ESG credentials

We will need oil for many years even for non fuel based products. BP SP only tracking the proce of oil is a little dim of the market when they have utilised a figure of $60 and the POO is over $70. Not really tracking it when the additional $10 per barrel is pure margin. This is an exponential gain to the bottom line for the oil business. Simply tracking is very short sighted.

Seems BP are damned if they do and damned if they don't. Regardless, taking the long term view in this pathetic market will potentially result in the biggest rewards as those that can't see beyond the day will eventually wake up and understand what is going on.