Member Info for Bananaman2

That is a good question Klunk. As we know the ABB unit will have been designed specifically for the application from the design work conducted by AFC and ABB in collaboration. Whereas, diesel generator replacements must surely be a standard design to deliver a required amount of power. Admittedly there will be variations such as the use of solar for self generation of H2 etc but ultimately they will be standard.

It will be interesting to know what the AFC unit is based on for the ABB EV charging system.

JTS. Simular view to mine. I get the impression that gold is naturally higher and relatively stable. I'm also aware of the production capacity due to increase in the near term.

I cannot understand the current SP as historically at $1800 Poly would be trading at a premium to current SP. I guess it is just this depressed market we live in currently. Nothing is seen with any value unless it is losing money and already significantly overvalued.

Don't panic. My average is £7.02. Could have been worse. Trying to average down but don't want to over expose in one stock. Currently 10% of my PF in here. Long term view however.

High interest rates ? The UK hasn't seen high interest rates for over a decade. Banks will not see the bulk of my capital until interest rates are at 5% at least.

Something I will never understand. Now we'll oversold yet market forcing the price lower. Thick as sh*t. Not sure why they are being punished like this and the shareholders. Massively underwater here. Even Fridays buy which was bought in the oversold condition is nearly 1% down. I wish I could add the laughing emoji.

That would make more sense than a drop. PE would fall into line a little more as its currently below 5 and the yield would drop which is not a concern at all given it is currently just below 9. Even at 300p it would still be a reasonable 6% approx. Of course, if you own stock at sub £2 the actual dividend you will get will not change based upon your average.

Let's not forget this is a wonky market and anything can happen. Truth is its unpredictable and tends to do the opposite to what you think.

40c would be acceptable. Hoping for a little more.

Whats the view on the dividend payment declaration ?

Gold price is slightly higher as an average this H1 over H1 2020. Production slightly down

Let's put it another way. The power of compounding. If you are getting 7% on your capital through a dividend and the stock price remains the same you can reinvest and gain a further 7% of stock on which to gain 7% dividend that would take your yield to 7.49% and so on. Now if the company raises the payment by 2% as well this must also be included. That would take the following years yield on your capital to 7.64% assuming SP is the same. If the SP drops you can effectively increase your yield with thr reinvestment of the divi and compounding is greater whilst your average SP drops. Compounding divis and divi increase accelerates the gains. A company would have to go to zero for this to be at a loss. I guess most investors have a close eye on performance so likely to sell out before a company went to pot. Is this really likely to happen to a FTSE 100 company ? I guess we will find out. We may be in a bear market now but for me it's an accumulation phase for the longer term

Some of the low PE high yield stocks are also conducting buy backs which would lead me to believe that there is much cash sloshing about in which to pay the dividends. Buy backs are also meant to support dividend growth by reducing the number of shares in which the dividend must be shared across. I don't sometimes see the buybacks increasing the SP but it does show support for dividend growth. I am not relating this to IMB necessarily but to DLG and BP which are currently doing this. As a result I do not see the dividend in these companies being cut. Both have PE below 10 and yields are 7.3% and 5.4% respectively.

I have not tried selling the ex dividend date as the last 2 years I have decided to try and just build the dividend PF from the Growth PF gains. Dividends reinvested in the highest yielding lowest PE stocks at time of receipt. Not sure if its going to work yet but there will come a point where the dividends will over take my net income. Not that I would retire as I'm still in my 40s but the sooner this is achieved then I can start to enjoy the dividends and spend some of them. For me it's all about dividend compounding. Capital erosion is annoying but can all my stocks actually go to zero ?

BP is a long term outlook for me. Trying to add to my holding. Unfortunately my average is £2.96 but I expect the SP to rise. Anything I can add below the average with all associated costs will only increase my yield based on average SP. With an estimated 4% divi rise per year and assuming I can keep my average below £2.96 my BP yield will also be 6.6% but hopefully the capital will have grown also. The only thing is divi reinvestment on a rising SP will increase the average and lower your yield. This is my approach anyway. I do have growth shares in the H2 sector and also own a fair amount of PQE but as soon as I sell out some time in the future any proceeds will be heading back to value, leave and forget.

Yes, both of them are in my PF.

PHNX has taken an absolute battering. Now PE of 6.8 and yield around 7.7%

MNG has a PE of around 4.5 and yield around 8.75%

DLG is not a FTSE 100 company but also has a PE Below 10 and a yield around 7.25% at current SP

Also own some BATS and POLY. Both again with PE below 10 and yields around 8% and 6.5% respectively.

Obviously anyone looking at these shares should carryout their own research.

There are many FTSE 100 stock now with a PE well below 10 and yields in excess of 7%. They have been beaten to death in regards to value and although I feel uncomfortable with the slippage of SP within the PF I am continuing to buy as at some point the value in these stocks must be realised and the PEs will return to a more reasonable level through SP increase thus perhaps reducing the dividends to around 4 or 5. Its not just oil stocks it seems to be everything. Mining, financials, insurance, tobacco. All seem to have made good progress over the last 12 months amidst COVID yet not reflected in the SP.

Athansius, fully agree with your 1503 post. I think AFC will be in a very different place by year end and Bond will continue to deliver transitioning from R&D to full commercial business.

Not heard that one before. Now I am not stupid but where does 72 come from ?

Also, what do you mean in terms of compound growth rate ? how does this differ to annual dividend yield ? does it account for reinvestment and any annual dividend rise due to inflation for example. I have seen 4% on BP and 2% elsewhere over last years payments.

Thanks. Just interested in this as i always look at how long it would take to get my capital back if a SP dropped to zero but kept paying a divi. All hypothetical of course but you never know. Some silly PE ratios in the FTSE and some high yielding stocks because of it.

Current yield is 7.7% and PE of 6.8. I cannot believe PHNX is now trading at these levels. RSI now 28 indicating oversold. Not suggesting this will not go lower. I thought that at £7 after buying at £7.20. Then the secondary placing happened and the stock went for £6.60. Now ex divi so a further 24.1p can come off plus any additional weakness for whatever reason. I added today because of the conditions mentioned but will not be selling anytime soon. My biggest losing investment is PHNX but I am not looking to crystallise the loss and potentially just average down further whilst taking dividends.

Yes. Another 500 shares for me. Sadly averaging down but not concerned.

EQT are also chasing international solutions. They had a review conducted by Wood for technology use in the Asian market. Something we as shareholders are waiting to hear more about. They have multiple projects in the US and Europe. The Market fro EQT is much the same as PHE but i feel EQT are more advanced in developing international connections. I am invested in both by the way but PHE have been banging the H2 drum harder than EQT but my gut feel is that the EQT gasification process is equally well adaptable to produce hydrogen. You just need a market for the H2 which is proving a little more difficult for PHE in the immediate future in the UK. Whereas in Europe, such as Poland, the use of H2 will be for industry in replacement of natural gas. A market which can be more or less readily transferable.

Come on EQT, you are a long way behind the curve in regards to MCap for a company with well developed tech. Back to the 2p's please, just for starters.

Popeye, If the SP starts to fly it will reduce the yield. As an investor i am not concerned about the yield reducing due to the SP rising. I base my yield on my average purchase price. I keep track of the yields as there are sometimes gains to be had from selling a stock which has risen thus reducing the yield below another stock. Taking the capital gain and investing into another stock with a higher yield which may be undervalued at that point. There is a bit of an art to it which has not been mastered yet but i will keep going at it.