Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://www.tateandlyle.com/investors/special-dividend-and-share-consolidation
Don't know if the link will work, but that is what I was looking at
My understanding is that it is paid on your original holding.
I was gooogling that ponit myself and I was lead to a part of the tate website that included a link to a pdf document that explained the sequence of events.
As I understood it the special div gets paid and then the consolidation happens
Crikey, glad I don't hold SNG. This is the single biggest drop in one day I have seen.
Hope that this is a massive over reaction and things improve soon.
Good luck all SNG holders. The only advice I can give is don't rush to buy or sell. Look at the facts and act accordingly. Do some research before you make a snap trade.
Thankfully I don't have much in Purp but I am 98% down.
I could top up at these levels, but the fall from 2018 is so great I wonder if the writing i9s on the wall.
I sincerely hope this is not the case, especially so for other holders .
With a bit of luck 2022 will see the end of covid related disruptions and inflation is not a big issue in the next year and things will pick up in the property world.
Got to admit to being confused.
I would have thought today's RNS would be good news and the day blue, but no.
I don't understand the earlier comments that the buyer had brought to lend out.
As far as I can understan I see no upside to a share lender if the shares are being shorted.
Can anyone explain?
What evidence that the buyer has loaned out any shares?
I topeed up yesterday morning circa 154p. The sp seemed to be holding and then the end of the day came!
I have been adding on the way down but irregularly when the sp looks like it might be bottoming out and at a price that would have a decent affect on my average sp. I figured if I brought at 155p my next target would be 145 to 140p. Didn't have to wait a whole day for that to look like a prospect!
I can't see anything to drive the low sentiment other than the current open positions.
I don't think it is reasonable to think this is going to bounce back by mid Jan. But I do think that this is an good price ponit to average down or open a new position for some long term gains (more than 1 year away)
I find charts useful, but I think they need to be taken with a pinch of salt. Also the more complicated the chart prediction and the more random lines are drawn on it the less believable it all seems.
Where the sp is in relation to the general tends of the 20 50 and 200 dma are is about as complicated as I like it.
Good luck all holders
Certainly hope so. Really can't predict the future but I am inclined to think BOO should be much higher. The only issue is how long it might take to get back to (say). 300p. Whether it continues to go up or turns again downwards, buying in at these levels is buying at a good price.
Have to admit I like that Buffett quote too.
The irritating thing is are people being greedy and I should be fearful because this is a dud?
Or should I be gready because everyone is fearful?
The only solution is to do your research and be honest as to whether the story has changed or not.
The sad thing about holding shares, is that the more you hold in a single company the harder it is to be honest.
Personally the Buffett quote I prefer is the one about buying quality stocks at discount. This is definately discounted
Good luck all holders. Remember there is no substitute for doing your own research.
I meant today's RNS.
I noticed a few posts about Mr Slater and I know the RNS is headed holdings in company. Its just that the RNS does not look like a normal template for holdings in the company and does not show % holdings before and after or name the person and because of all of these things I just can't interpret what I am looking at.
Would be nice if that came true
Bit of a kick in the teeth today, but also an opportunity if investors still have confidence.
Not sure if this is a good time for instructions to drive that uplift to double bag.
Tomorrow will be interesting, most likely a bounce, but best stay cool to next week when things settle down
Am not saying anyone is wrong, only that I am quite confused. If the link I posted earlier is wrong why is the twitter account TheoremRX? I admit this could all be a case of confused identity and I am sure a clear picture will emerge in time. Just a bit annoyed I can't find any useful information at the moment.
https://theorem-rx.com/
Well OK I can see why people would say this is a one man band, there is only one director.
Unfortunately I just can't find anything like companies House to view accounts to get a better picture of the company.
Maybe the reason for the drop is that everyone was expecting more than this??
Not sure what to expect tomorrow, just wait and see I guess
Well got to admit I don't know what to make of this. The RNS came out at 7 and the price went up and then it came crashing down. Monumental rise and fall on the same news. How can that be?
From a trading point of view I would have said getting out at the 20 DMA and buying backing in close to the 50DMA would be a good move, but the price has moved so far so fast I am inclined to think anyone thinking about a crafty trade has missed their chance as I don't see how this can't be considered a massive overreaction. Odds are given this erratic movement that this will have a bounce tomorrow .
Well I would say, based on previous patterns that tomorrow will be another down.
That said it will either be a short candlestick indicating an over sold position, or it will be another double digit drop. But I would say it is enveitable that we will reach an oversold position sooner rather than later. I am not overly concerned at the prospect of another drop tomorrow as we know what news is comming.
Seems a bit heated in here today.
Not going to pretend that today is good its not.
That said this pattern is not one we haven't seen before. Just compare 17 and 18 September and then how that was followed by an even bigger rise.
How much lower will this go? All the way down to 20? Even if that happened it would not be a bad thing. We already know that a deal is in the offing, the price isn't being kept high with the news of a deal priced in, so when the news finally breaks there is good reason to belive the price will go up when the news breaks. Iff it really did go down to 20p its just an opportunity to top up /Ave down and enjoy the benefit when the news breaks.