Member Info for CJ66

...it's only a binary indicator - nearer 5 it's a buy / nearer 4.6 it's a sell - only a simplistic indicator,

Good RNSfor potential opportunities - but just remember a 'framework' is not a guarantee for any work and all opportunities should be bid for if they follow government procurement rules correctly.

...unless they suddenly ran out of money yesterday...what a ridiculous timescale.

Why bother when you clearly want to exclude small shareholders - these companies don't help themselves.

I know an ST favourite, but like crying out for wolf, I'm running out of patience as often as they keep running out of money...poor management.

Good point - in theory if 2.6% this should slide to around 110p barring any other factors....we will see...

Although my earlier e-mail was slightly playing devils advocate I don't think they have shown very bad management, I can think of much worse - more a case of misjudgement in that shareholders here are likely to be in it for the high dividend than speculative - but hydrogen was considered a good if risky option a little while ago. If it had turned out to be a big success then everybody would no doubt praise the investment.

I think the incoming USA president may cop a lot of potential renewables investment with these things becoming self fulfilling.

Maybe foolish but I'm not joining the FT headliner - Investors pile into the 'Trump trades' of bitcoin, dollar and Tesla

Looking at mpe's chart of cpo price since 2010, the price has only once been surpassed in the freak of the 2022 war spike.

Despite a slightly higher tax charge at increased prices, the fixed nature of much of the costs will fall to the bottom line.

The sirens call...from tulips to crypto people get lured / convinced that a get rich quick may just work - and occasionally (or temporarily) it does.

Whilst expecting this of junior miners and pharmaceutical companies, I am disappointed they fell for it.

At just 2.6% of assets and no immediate profit being currently accounted for,(they say no change to a currently covered divi), the only hope is that the bad sentiment has been overdone - does this make it a buy at these levels if the dividend is not at immediate risk?!?

Can buy for under £1.50 with over 5% yield + 7.1p dividend before ex date of 31st october - agree this is a medium term winner and the management has been strong unlike CARRS

...just occasionally - bought a few of these a long time back - now stuck.

incredibly they did make a 1st half profit but the war and currency situation make them currently barely investable, especially as a micro cap.

One day things may change.....zzzzz

Interims at the end of september will be a shocker, but hopefully people will look past the numbers.

It will be interesting though to see the progress details and start to work out how long it will take to really ramp up the potential production and cash position /profit / future dividend expectations.....

Hi Guitar,

sorry bit slow myself in coming back, but unfortunately you did just miss it.

Interestingly the votes passed by all those who voted was between 93 and 96% for each of them - really, that would have shown an outstanding performance when I was at school?!

Shows one of the problems with our modern share system that on some nominee providers (i.e. my wifes AJ Bell) it is difficult, and the huge amount owned by many institutions who can't be bothered to vote lets through many bad decisions by not holding anybody to account.

Again many years ago, I remember poor behaviour by directors at Lupus Capital, resulted in a shareholders revolt (was mainly small shareholders) where all the directors were voted out, the non execs then ran it. They then found Greg Hutchings who reformed the company redirecting it to Tymans (that I believe is about to be taken over now by an american outfit - yet another story!).

Can't see that happening at all now and points to a general failure of PLC's and making it easier for Private equity etc.

...until it hit the iceberg - to be fair you would have thought the US had stopped all trade with a fall like this, well overdone.

1 disadvantage of a US listing ?!

Last update said 7th August for next update - that will be telling for stabilising or further punishment!

short term macro environment doesn't look too promising to me...it may need it's defensive cash.

Yes, I agree Guitar the dividend has been stable and growing - despite the share price going in the opposite direction.

I think it looks pretty stable, especially as supermarkets are here to stay for some time.

The REITs are cheap and although RGL board made a complete mess of the finance - you may look at AIRE or AEWU or even IHR as pretty stable high dividenders too. The thing to watch is how cheap is the finance and for how long + do they refinance earlier than required to deal with any issues before the lenders can stitch them up.

bordersman i think you are right - the money raised has vastly improved the situation of reducing debt / giving them more future headroom & excess to spend on increasing rental values. needs consolidation and sellers out 1st.

all this of course has been done at our expense - but is now a bargain.

*** packet calc of 55p nav + x2 10p share raise = 75p divided by 3 = nav of near 25p or £2.50 after consolidation

i have just voted for their agm - and against all the directors who have shafted us - time for a new broom with a handle please!

would encourage anybody who can to do the same. ii trade the shares ok and are easy with voting.

the same thing happened many years ago with segro - where the idiot of a ceo over expanded into europe and all sorts - took the share price from £10 to 10p with a similar desperate and enormous rights issue and 1 for 10 consolidation. he was duly kicked out (although went off with his £m pension no doubt) and over time the price has now grown from £1 to £9 today....hope yet so i am hanging on for hopefully a similar outcome.....time will tell

After reading in the FT that we have taken over $600m of Russian gas so far this year via indian refineries it beggars belief that we are not signalling trying to get a balance of available oil production to demand.

As someone pointed out we are around 1% of world carbon emissions and around 1% of its population. i.e what we actually do is pretty irrelevant in comparison to those causing huge damage and looking after their own.

Foot with a gunshot hole in it comes to mind!!

After all the approvals and slightly spurious initial hold ups - this seriously needs to get going again as it will take time to also get the tailings dam raised.

Without actual evidence I have still always felt this has a slight whiff of political machinations.

Probably not helped by the wider picture of the west saying the azeris have a problem with oil flaring and could easily be a place to wash russian oil, whilst in turn they accuse europe of not giving them long term oil/gas contracts.

This is further coloured by previous dealings in failed gold involvement by some of the dictators family...hopefully a favourable rns will soon follow or the debt hole is going to become an issue, whilst the missing volume vs price is painful.

....had a poor year...struggled to raise funding...no licence to mine..

= investment written down and I think we can forget about that one!!

Maybe better to concentrate in ones known sphere.

...more like a UK classic stock market play....some encouragement from our own governments & individuals interests to buoy up some of our own would be nice.

Not sure where all their sudden economic growth is going to come from - but it's not here?!?

I've held Phoenix for 3 years and 'little brother' Chesnara for 15 (19consecutive years of increasing divis) - and the results and dividends only ever go higher!

I'm happy to hold for the bird in hand dividends rather than over inflated US shares whatever it seems i'm missing!!

Agree with general sentiments - a rotten offer - these type of companies, like Ecora, are good ways to buy miners without so much single risk and you put them in the 'draw' and forget about for a few years.

The price was over 50p not that long ago + It's always suspicious when management just accept the 1st offer - especially one thats hardly generous.

I will vote against and small hope they fail to shaft us again.

This taking out of undervalued UK companies is the biggest danger to our stock market. Having been investing since the 70's I've always held that value will out in the end - but nowadays the prices offered are often below their pre-battered intrinsic price!