Member Info for Beachbum101

The only way this is getting to 1p is with consolidation

Well said DamayHill.

I haven't done any statistical analysis but it wouldn't surprise me if, by doing the exact opposite of the City analyst recommendations, you'd be in more profit that if you'd followed their advice

SD yes as trotsky says, was always my plan here, just forget about it to a certain degree.

I'm not even going to try buying low / selling high as I tend to get it wrong. This is a solid company that is never going to increase 5 fold from here but it'll keep churning out good results and dividends.

Straight back in for me, to be honest the plan here is just let it snowball

How anyone actually thought the dividend would be paid if there was no ceasefire or peace agreement is beyond me. Ultimately it still doesn't change much, the Kazakhstan assets alone will see this through.

Yes Pete, "hold and be patient" - totally agree.

As a certain Mr Buffett says, money moves from the impatient to the patient. This would be a very good example of such a situation.

Yeah after the little rise late yesterday, I saw the little red dot and thought it would be a tad more significant.

Should be used to disappointment by now

DGR most of them are enjoying their morning corn flakes drenched in ice cold tears

Oatey, you're going to upset people with this reasoned, sensible posting

Yeah he puts it very well in that video, I remember watching that at the time.

He's not doing in a commendable way but he is doing exactly what he said he would upon being provoked

From what I can make out (and please feel free to correct me..), around 20% of operations are in Kazakhstan?

We're roughly at 20% of the pre-invasion share price, maybe a bit lower. Seems like this might actually be the bottom.

As usual this is just my opinion and (especially according to my wife) I'm usually wrong

Auson, yes likewise.

Luckily I too am mad so it made the decision somewhat easier

Astro I have to admit I was reading your posts thinking "why the hell would you bother selling now..." but fair play, you were absolutely right.

Bloodbath, even the bravest of bargain hunters would have to admit this is a massive risk.

Well said Minecheck

I recently put a bit into this fund, seems like there is a decent opportunity for growth next 3-5 years.

I'd expect it to see over £3 at some point in the not too distant future

Of course the dividend is a major pull too

I assumed a zero had been missed....this must be either a typo or a joke

darkcorner I'd really love to believe they are doing it for all the right reasons but the feeling in the pit of my stomach is that they've got 1 reason and 1 reason only.

And the reason isn't positive (for us, at least...)

So in summary MrSmithmeister, you're saying it could up or down or stay the same, it could be a good entry price or it might not be.

Thanks for those pearls of wisdom

Yeah this is now a £3m mcap company....hard to see it going any lower but then again I've said that before

Agreed, cwebb07, I think this has been milked dry