Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Who said day trading doesn't pay ! Damn missed it again :(
Yes it's becoming clear now, GVC operates in Turkey and South America , and Brazil has just increased their rates to 10% Recently to defend the Real. Good news for anybody with spare capital to top up. Unfortunately I don't . Now, where did I put that lottery slip!
Something is up today! Higher than usual volume. Thought might be due to currency problems in E.M. In which GVC operates.
Does anybody know why it has dropped so much today?
10% return! I will have some. Thank you.
Does anybody know if gvc is gone xd today?
This summer, gvc should be trading above £5 in 2014. In the meantime hold on to your good fortune guys! Gla.
Another cracking result and increased divi. 40p divi for this financial year returns an amazing 11% of income. I just wish I had Speman's 100k holding. Now, where did I put that lottery ticket? :)
Just in time to pay my Xmas bills :). Gvc has been the best share in my holding since they were under a £1. I just reinvest the divi. A bit envious of the guy with 100k shares at mo. Gla tomorrow.
Can we take any advice from brokers? Not so long ago ocado was 58p and one of these brokers was banging about how the shares were worthless ...! Few months later they are nearly a ten-bagger!!!!!! 5 years ago JP Morgan called the American sub-prime mortgage as the best quality investment instrument , and we all know what happened next. Take it with a pinch of salt!!!!!!!
Payment day 1st November ! Time to go on holiday :-)
Yes. GVC has started paying divi quarterly this year. It has already paid 24p this year and expect another one before year-end. Brokers forecasting a divi of 37p next year as the CEO of the company has promised share holders 75% of the profit. That is a 12% return on your investment. The shares go xd on Friday 11 October. GL.
Another amazing set of figures from GVC , this company always deliver better than expected, acquisition of sporting bet has jelled well and now profitable, fantastic divi for third time this year and another one before the year ends. A must for income investors.
Sorry guys! These figures were cents not ringgits. :))
Impressive half year results. I was trying to convert the figures to pennies to make it easier to understand what is happening here. I think the company should have done this in the first place, as it is listed here. One pound buys around 5 Malaysian ringgit, so that would make EP of 27p compared with 12.6p in 2012 or growth of 120%. Most business could only dream about growth figure like that. One for the long keep, me thinks.
Still holding my 1k for maiden results. Might add some below quid. Spread still too wide to make a decent return. Could be an indication of a risky company, but we need a good set of figures to de-risk . Gla
Glad to see traders reduced the spread today as volumes picked up. They must have read my post. :) . You see 0.5m trades @ 2p makes £10k/day is much better than 15k trades at @ 7p--- send them back to business school I say. Lol
Morning all. Good start for the week. Unfortunately didn't top up on the dip as the fall was too quick for me. Hoping for a steady rise up to the results. Gla
I think the traders could do a much better business if they reduced this ridiculous 9.33% spread. Talk about shooting yourself in the foot!
I just realised why Rci has Rapidly tanked in the past few days--- it's the problems in emerging markets! Most currencies in E.M. have lost nearly 20% of their value. This includes India, Indonesia , Malaysia and most of south Asian countries. This means Rci's earnings for this year will be 20% below what brokers are expecting. I don't know where the bottom will be, but until the interim statement I will keep holding. Gla