The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
When the Apple contracts were in play the SP only rose to around 50p. While we now have a massively increased prospect of substantial income and profitability, there are still a lot of things which need to happen before it is realised. The market should price in remaining uncertainties, so I'd guess the price MIGHT settle somewhere near 40p for now? Market isn't rational of course, anything is possible, hold on to your hat.
Who's the Quantum Dot Daddy, Sadsong? Five nil, you muppets!
Well done all for hanging on. Thanks to the legal team and backers. Our collective view of the proceedings seems to have been proven accurate. Samsung's line of argument was stilted, twisted, and unconvincing from the start, and it's hard to view them as anything but criminals trying it on. Long way to go, but a good chance now of making them pay. Confirmation that Nanoco own valid patents should alone raise the share price, and the case against Samsung is now immensely, almost insurmountably strong,
li-quid buy-upsy?
The pound declining against African currencies should, in theory, make the SP should go up, as local currency earnings are worth more pounds, whereas if African currencies depreciate against the dollar it might tend to go down, as the cost of paying dollar dividends is more expensive, so maybe they kind of cancel each other out? But then, most UK holders presumably have their dividends converted from dollars into pounds, so that's another exchange rate to factor in. Complicated, innit?
Wow, just bounced off $30, what a ridiculous overreaction!
Couple of weeks ago, when these were around $43, Motley Fool was recommending them, saying "ridiculously undervalued, with a price-to-earnings (P/E) ratio of around 1 and a price-to-book ratio of just 0.37"
What's two levels below ridiculously undervalued? Mentally deranged mispricing?
The most encouraging thing in the results is that subscriber numbers have actually increased, despite the strict imposition of SIM registration in Nigeria during the year. On top of that, mobile money has grown strongly, the average amount people are spending is growing, and even margins are going up 'marginally' (: All of these point to even bigger revenues and profits next time, although the greedy market seems to think they should have come earlier. Compared to most shares, this one has held up well this year, and I'd be surprised if it doesn't recover swiftly on prospects.
Thanks Tom. Yield about 1.6% almost qualifies as a medium crumb? If Pru holders were suffering two weeks ago, they must be numb to the pain by now! Assuming the war won't last forever, and demographics will, it's starting to look historically cheap and possibly vulnerable to a takeover?
Hong Kong's new leader was appointed by Beijing in a fake election where there was only one candidate, a secret vote, and voters selected for loyalty to emperor Xi. What a joke China is: a ridiculously dishonest and childish procedure whose only purpose was to make clumsy Pooh Bear feel better. Hard to see how any company can succeed in such an ugly, nasty, corrupt environment, employees must have to constantly hold their noses (and their tongues).
As I understand it, the reinvestment of dividends is done the MORNING AFTER payment date, so it is not done at a specific closing price. As TheClive said, it may be averaged over several purchases at different prices. Therefore, the date of purchase you asked for would be 29th April, but this wouldn't help you determine the exact (average) price, you'd have to wait until they calculated it.
"I hope CF has learned some lessons for once"
His reason for spinning off was a comparison with another company who had done it with spectacular success. He seemed to be confusing the process with the product? It's still early doors, but POLB has so far failed to prove it is a viable standalone business. If it isn't, the spinoff was simply a waste of time and money. It begs the question, why was this chosen, out of the blue? Did more obvious candidates, such as the stupidly-named DIM, have even poorer prospects?
The main difference in BTB's interpretation of the facts and everyone elses, is that he thinks the worst possible outcome is the most likely one. It's an unreasonable position, but not an impossible one, therefore he has a perfect right to hold it
Appreciate BTBs pessimistic musings: they prompt the board to continually assess the validity of assumptions and provoke healthy debate. Right or wrong, it's a valuable contribution. We can't assume a PTAB win, a settlement, or a contract for materials, all we can do is make a best guess. My guess is that the company is in a more promising position now than it has been since it lost the Apple gig. It's no longer a binary bet on the court decision, and the management are straight talkers.
BTB, I think you've misinterpreted what Tenner said a little. He said the PTAB appeals process COULD last 18 months, and the trial appeals COULD be 3-4 years. Samsung's previous cases have been drawn out, but all of them settled within fairly reasonable timeframes, certainly not waiting for patent expiry. Is there any reason to expect a more pessimistic outcome in this case? Even if the appeals process is extended, the Nano SP will probably rise substantially on a positive decision from the PTAB in two weeks time. Delay by Samsung has consequences for them, it creates uncertainty which hangs over their SP and potentially brings long term negative publicity - they may make legitimate appeals, but frivolous ones hold danger for them.
Not like you to complain, moany, having a bad ... decade?
Article seems inflamed by cheap lithium firestarters, rather than cool batteries
The economic impact will obviously be bad, as it will be across most countries worldwide, and across most industries apart from defense. Mitigating this, Nigeria might see higher revenue from Oil. Perhaps people will eat more rice and less wheat. I doubt they will stop using phones or mobile money though.
If we are in the 80s on Thursday, will Boris wear a dress and pretend to be Thatcher?
CEO sold 1.7 million shares for £12m (at £7.30) to institutions in December.
He's better at selling shares than gear at the moment
Does anyone remember the character Lampwick from Pinnochio? He's the one who turns into a donkey and keeps braying, braying, braying
https://www.ii.co.uk/analysis-commentary/richard-beddard-court-case-clouds-confidence-star-stock-ii523488
"Despite the court case, XP Power has a coherent strategy that addresses the risks it faces. I do not believe the verdict undermines the company’s past achievements. The strategy has been successful.
However, the court case raises questions about the company’s ethics and culture that I cannot answer with confidence."
Beddard suggests the market is wary of the implications of the case, which are uncertain with regard to future development of the disputed technology. Major personnel changes at the top add to the edginess. Could do with some good news here!