Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Thanks, interesting. I’m trying a much more focused short term approach which depends far less on research. Net profit is small but timescales are very short so at any one time I am usually in cash thus not exposed to market/company fluctuations.
General principle I’m applying is to buy a couple of days before exdiv in the expectation that as we approach there will be a slight rise and then sell on the open following exdiv date in the expectation that the market adjustment will be less than the value of the dividend. It’s worked so far. My profit margin net of all costs and including the dividend I will receive have been : CCH 3%, AMGO 2%, SSE 0% and now I’m moving on to BT. Very small amounts but in less than a month I’ve made 5% which over time (if it’s not just beginners luck....) will translate into a very healthy return for very little exposure.
Good luck with your strategy, hope it works for you. Always interesting to hear investment approaches so many thanks for replying.
TL. I would be interested to know what your trading strategy is. Are you into dividend capture or are you actively managing a longer term portfolio by trading around exdiv date to take advantage of movements. I’ve just started a dividend capture strategy which has been quite successful so far (early days) so would be interested to hear of your experiences.
Seen this happen a few times on AIM. IIs always have stop losses and they hold for strategic reasons rather than potential so if one sells for whatever reason that pushes down the sp and it triggers other IIs to sell, which just feeds the selling frenzy for no apparent reason. What is very reassuring is that the Newlands, who it seems do assess potential before investing, are buying big at these levels. As soon as the IIs with their strategic stop losses are gone and with a good forward statement we should start to see why the Newlands think this is a screaming buy at these prices. Monday will be a good indicator. Looking forward to that. Keep taking the calm pills Graham, we will be rewarded in the end.
My understanding of on-market buybacks is that they can’t go on in the background. They have to be very transparent. There needs to be an RNS announcing the detailed terms of the buyback prior to commencement and then daily RNSs stating how many shares have been bought and whether they are being held in treasury or cancelled. Also buybacks can’t take place during a closed period, which we will be coming up to soon (one month before interims). So, in my view, speculating about whether or not the buyback has started is futile. We have to be told before it starts.
Aiming, I don’t think your tanking scenario is all that likely. The Iran deal probably won’t ever officially fail. I think it will either start or we will continue indefinitely with it being ‘in the pipeline’ as has happened with previous potential contracts, in which case the focus switches to other mous.
Graham. I only work through HL so can’t compare with others but NT is no great problem if they will trade it for you through fill or kill. NT is only a problem if you are just checking the price rather than actually wanting to trade.