Member Info for barchid

Trek
Sorry to hear you are going, I've enjoyed our chats on this board, you often raise points in a way that changes my thinking, which I found valuable.
FWIW I am staying in, I like the company & am hopeful this cloud will blow over soon without causing a thunder storm ! It is a finely balanced decision, time alone will tell.
Best of luck to you in the future

Bushy
Our keyboard prophet (not profit), I wonder if he posted this after reading in todays Times that the British troops (250, nothing like the French numbers) are being withdrawn from Mali ?
So I guess Wagner & co will be running things there, providing they aren't already in Ukraine of course !

Trek
Agreed.
We have both been sanguine over this and I guess the divi is the best indication they can give, under normal circumstances I'd have expected either maintain or a 0.5p cut as they are historically very disciplined as to paying divi out of free cash.
Given that with real interest rates giving them a gift on all the cash in trading accounts and with markets perhaps tempting the keyboard warriors to start punting again, once we know where we are with FCA (I am a great believer in that when you open up the drains you normally are dismayed at the smell), then I think we can move forward but this past 4 weeks SP performance has surprised (& pleased) me.
But as you say there are plenty of overlooked potential gems at present.

Hmmm, divi 2.5p compared to same divi this time last year of 3.5p.
Not so great...

JIM website still showing today as divi announcement day.
Traditionally they tend to announce around 3pm.
This could give us an indication of how serious or not their current investigation is.

Henners
Totally agree, they also have a slightly different portfolio to other income funds with a 15% o/seas allowance
I've been topping up the last few months, viewing them as a portfolio stalwart.

I note that our bushy tailed,great prophet on this board, appears to have forgotten Mark Twain's definition of a mine as a hole in the ground with a liar at the top.

Trek
Definitely get the wtfdik feeling and this price is close to when it dropped faster than a *****s drawers that Friday afternoon on the FCA rns so do nothing is the sensible option as we don't have a clue what the FCA will say!

A good day today, divi announcement due this week too.

Trek
You are absolutely right but until the FCA issue is resolved we are rather left in the dark.
I don't believe that it is a serious issue but whenever someone opens up the drains a nasty smell normally emanates !
I just wish we had some guidance on this matter from JIM but I guess they are unable to, however Q4 divi announcement is due next week, 10th, so that could give us some idea of what we might be facing.

Shimmer with the Zimmer, Boards you have made my motning with that one....

Boards
Or you could go slightly east of China for your "thriller" you mentioned.
I would suggest a "Thrilla in Manila", even our non UK residing Herr Scharnhorst could be comfortable there, plenty of refugees from Westphalia in their night clubs, perhaps when MERC reach £1 we could all go ?!

So you do understand what epic attention to detail is then ?
I am surprised by your response, perhaps you have just been drinking then...

Bushy
Diligent negotiator ?
Are you smoking something I am missing ?
Standard request by their Nomad, check it out before you think he has done us any favours...

Boards
You really are the song picker on the lse b/b's aren't you !
I suspect that particular song would sound little better on your fancy MERC backed speakers you've been lusting over than on my lap top, but it did make me chuckle...

War crimes aside, I'm afraid this is a "show me improvements first" stock especially after the severe price slide they suffered when Woodford had 20% and his old mucker Barnett at Invesco had another 20% (not acting in concert, of course, perish the thought) & had to unwind their positions on a less than enthusiastic market place.
I bought my first ones at about 35p as I thought 40p was about right but the latest ones have come in at sub 24p.
Sooner or later they will rise but these markets currently are brutal to companies that have yet to prove their worth, in spades.
Meanwhile, back in the ward room with the scnapps out, possibly even some Kimmel, life looks better eh ?

Indeed, the deep brown I would suggest is what we are all in ?

I see that MERC are doing a virtual shareholder event on Nov 1, RNS this morning...

Apologies for being a "Jarvis Bore" but the offer at 170 has been taken leaving them another 4% up today, at present.
Surely there is news/RNS imminent ?

The director's purchase 10 days ago at 135p was certainly well timed as with market a tad lower again JIM are 160-65.
Hopefully we will see some news soon from the "trusted person".