Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
You agree with Daily Tel or rather Daily Tel agrees with you. I do too having been in and out of these shares before. I have always liked Invensys and in particular their specialised controls. Thye were unlucky over some Chinese contracts and got caned for that which at least enabled me to buy in fairly low.. I have taken some profit and am riding out the balance so there should be some fun and even more profit in the end. GLA.
Sp moving around a bit so have cashed in 50%. Cash will be useful for Christmas! Could be joining you for a drink!!
Well done. Have not been posting much here so not aware of positons. I propose staying for the ride. Do you agree . Daily Tel suggests other bids possible even for rest of Isys. What do you think?
Drinking onyour own money or selling up?
Not very encouraging. Anybody got details please. Ckuld only find flash of substantial drop in profits.
Thanks Toonman for explanation. As you rightly say it's a good div at over 6 % and I am happy enough to have bought some more shares at just over 36p
As far as I can see the dividend for the year has been halved from 8 cents per share to 4 cents per share this year. The Company has appeared to be at pains to make this fact as difficult as possible to ascertain and whilst it gives greater stability I am surprised that the market appears to have ignored this. This comes on top of an earlier dividend reduction a few months ago.I cannot find the past dividend history on the CWC website. This is not uncommon and in direct contrast to companies like Shell which show them clearly for all to see which in my view should be mandatory.
Anybody know why? It's a thin market in these shares but they have gone up recently and 5% today
Thanks for that helpful post. Let's hope our respective optimism for different reasons proves justified. I am happy to stick with CWC (was also in CW.). My entry price was well above yours but I have probably made up the capital loss in dividends which as you say remain attractive. Plus of course I hope to sell at a price higher than I paid for the shares in the first place so softly, softly....
Thanks. Noticed a large sale last night which brought the price back. I just have the feeling something is going on here. Encouraged to see that you regard this as a safe investment. I always regarded it as a bit of a speculative investment although the reduction in the dividend was a good sign. Brought the share down to more realistic aspirations. Let's hope they either succeeed on their own merits or get taken over as did CWW.
Anything behind the recent gradual share price increase? I always prefer a slow and steady graph. Anybody such as AT&T or even BT possibly interested? CWC have a lot of assets worth picking up although servicing them is costly as the company has found to its cost.
290p on Wednesday, 283p on Thursday and 254p today - that is some fall. Is it deserved? My gut feeling is that it is. Apart from the country having been let down, one wonders what is the standard of the guards that are being recruited by G4S, apparently at short notice, for the Olympics. In hindsight perhaps it was wrong of the organisers to rely on one company and clearly it was wrong of that company not to perform. I did not like what I saw and sold on Thursday and would not buy back again on principle and because I feel like another poster that the company has severely prejudiced its credibility on further Government contracts of whatsoever nature they may be. A real national failure but the silver lining is that the military are much more impressive at a high profile event such as the Olympics than G4S personnel.
Up almost 28% today - take-over or break-up or just more rumours as a month ago??
I bought in too high some time ago after the split having actually made some money on the original CW. I like what they have and am cautiously optimistic. There was talk recently of the dividend being axed but in fact it was halved from about 12% to 6% which is still a good return. They maintained the final pay-out this time at the old level which was a bonus and of course this pushed the sp further down once it went ex div a couple of weeks or so ago. I think thats you are right about the automatic trades within asector particularly by big players suchas hedge and pension funds. Nevertheless the sp of CWC and CWW has gone in different directions today which is unusual. I should have kept quiet! Research and patience are essential but the other necessary ingredient is luck! In this market there is scope for making profits and, regrettably, losses by trading in and out within a week or two which is a bit less demanding than day trading. I am now up and running with my new online broker and that works well and saves me a lot in fees.Got to be on the ball and of course online so may have to invest in a pad of some description as a smart phone is too small and one cannot have a laptop with one at all times.
Come back Orbis all is forgiven! CWC and CWW seem to rise and fall together not necessarily by the same percentage but they rarely go against each other - is this a sector thing or do people still confuse them or is there some common thread such as shareholders in common who adjust their holdings in tandem? I still think that CWC has decent prospects for the fuiture and the possibility of being taken over - what a great company to break up into its component parts! You could be selling telephone companies all over the world for years.
Encouraging to see sp slowly creeping back up after ex div fall. This is often a sign of a company in good shape - eternal optimism! Greek Bonds or even shares may be worth buying when they are out of the Euro - who knows??
Hello good to see you here too! This is my preferred share of the 2 as I have always liked the high div and have more faith in what CWC does although it does have high debt. You mention CWW buying its own shares - you mean CWC I think and which they did (for some reason) when flush with cash from selling their Bermiuda operation - about 50M GBP - I would rather have seen them use the money to pay off some of their debt but there it is. Ex div - once only last offer high payment - and price has dropped sharply but the whole market is way down. I hope that this company will amke it back without being taken over and that confidence of Orbis and me will not be misplaced. Thanks for tip - I'll check out that video when I have 5 mins. Meanwhile let's hope Europe gets its act together, that Asia starts to feel positive again and we have some news to lift the FTSE. With Romney opposing Obama we might well have a second term of Obama - is that good for the world economy and the FTSE?
SP went up 3.44% today which is helpful otherwise drop on ex-div would have been more pronounced. Let's hope sp picks up over the coming months as this is a company which seems to be getting itself sorted out ...hopefully..
Interesting http://www.nasdaq.com/article/invensys-attracts-attention-from-4-possible-bidders---report-20120513-00010 Could that account for recent spikes? Watch this space I guess.
Purchase of PHW - Is that why the price spiked twice in a week from about 200p to about 220p? Or were there bid rumours which proved false and which in fact were mistakenly presaging a t/over BY Invensys not OF Invensys?