Member Info for Bananaman2

How on earth is this being priced ???? Still buying back shares ?????? Still offering insurance ??????? SP has collapsed today. Bonkers bonkers bonkers

Looks pretty good from here. Was tempted above £3 recently so pleased it has dropped this far. Its the 18th stock I have so added more to ensure I don't lose sight of it.

Reading the annual report and looking at the PE tells a story. Could get worse in regards to SP but surely just the underlying net asset value greater than the valuation the market has placed on the company.

To top it off, assuming a 20p dividend. The yield is not too bad either. Appreciate the special dividend pushed this to 40p this year but can't guarantee that again.

Took a very small starter position here to add some diversification.

Thanks LGEN. Telling us they're ahead of ambition. SP perhaps now looking very good and well below my average.

Its not just here its across the board. PHNX, DLG, LGEN, etc etc. All took another kicking ???????

It doesn't make any sense to me. The only news I'm reading is about a nationwide rail strike and protestors. How this knocks 4% from the share price of top stocks like MNG is beyond me. Global meltdown. Crazy world we live in

Yep, truly nuts. how this can be 225p just a few months ago. Nothing really changes and now its 187.5p

Not complaining unless you are a trader and bought at the high. I am happy to hold this for income.

This did do well because of COVID but just look at the diversification of their product and how they position themselves for growth. Losing margin from rubber gloves could possibly be made up from adhesives also giving greater diversification .

This is a great business.

SYNT are not a one trick pony. They are very diverse. There may be a return to normal for the 'rubber gloves' but new investment could most certainly bridge that gap.

Sustainable PROFIT GROWTH

Accordingly, our full year outlook is unchanged. The Board remains confident that the benefits of recent acquisitions, continued investment in new capacity and our proven growth strategy will underpin sustainable profit growth in the coming years.

I think the interim could be surprising. Yes, we all expect a big drop in earnings due to the rubber gloves but if you actually read the last report you may read in to it that the adhesives market may bridge that drop. Efficiencies and instant income. This current SP could be an absolute bargain

WTF has happened ? I don't buy all this BS about interest rates and recession. Fooking disgraceful fall in SP. Hopefully MNG take advantage and buy back a 5hit load at these discount prices.

Alas and Gavster. Good well considered posts. I'm down on my PF but when considering dividend reinvestment this is only a couple of percentage points. I am looking at holding here long term as it add diversity to my portfolio and I like the business sector and company performance. Beyond the rubber glove rewards I see benefits it the Eastman aquisition covering some of the lost gains from COVID.

I hear talks of recession but the job market is buoyant and there is a mass of major infrastructure and construction projects globally. Looking at Synthomers product range and the application in coatings (green option) I see demand picking up across the business given they operate globally and not just UK.

Not going to make a 10 bagger but should be a steady dividend payer from these levels and perhaps regain its SP of £5 over a mid term period.

UK is in the doldrums and getting a kicking. Don't think it's deserved and firmly believe we will bounce back. Lots being priced in to the market and perhaps further to go yet but my intention is to keep reinvesting dividends on the way down and back up. Just being selective to where they are placed

I did wonder if this would wait until the AGM. Could well be the case.

Very late in announcing for a June payment.

Very late in announcing for a June payment.

Brokers are just guessing on behalf of their customers. Only a few people get it right and nobody gets its right all the time.

oooooooooooooooooooohhhh

I'm waiting for the wife to fill in her W8-BEN form so I can reduce the tax on the ISA paid dividends. Been adding all week even at £1.22.

Hicon. Rubbish. Check out Hynet and East Coas Hydrogen. I can assure you these are beyond a pipe dream and are in the later stages of design in the case of Hynet.

https://hynet.co.uk/

https://hydrogeneast.uk/east-coast-hydrogen-launched-in-north-east-england/

There are many more 100% hydrogen networks throughout the UK. Each project will be constructed using zero carbon technology. Hynet starts construction within 24 months

hang on. Spoke too soon. Back into 24s