Member Info for courtier

Jefferies: 1500p and share price lifts another 2p. Hope my mum was right about looking after the pennies...

I have noticed frequent, almost monthly changes in the broker recommendations for Centrica. I haven't held for long so wonder if this is the usual situation. I know the boss is leaving but don't think this sufficient reason. Perhaps as it is my latest investment, in February, I am more sensitive to news reports than usual. I am sitting on a 12.4% rise so far so am not complaining. I always say I take little notice of broker predictions but this post shows I obviously do...

I have never taken much notice of broker ratings for my investments. However the ratings for WRES are so good I wonder if they really know something. I hope so. The latest is �1. Mind you only Northern Capital Partners are quoting.

I have just bought in here, last week at 204p. I was hoping to buy on a low but now you have all got me worried. I think there is considerable improvement to be made here. I agree with the funky monk that we need a more professional leader. However I also think there are several upsides to BT. First for me is the sheer size and ubiquity of the company. Secondly there seems to be great possibilities for cost savings, without shedding the many hardworking people on and under the ground. Never forget the speed technology has moved in fifty years, has it really peaked? There may well be more ideas and developments to be found and used. Add to this the international aspect of its expertise, and the social changes sweeping the globe, not only in the more advanced nations. I am not really expert on the technology but really think that world mobile phone usage alone will boost us for another five years.

For reminding me how to find the major shareholders.

I am at a loss as to where I found the list of major share holders. I know I did and can even remember two of them. I wonder if it has been taken down for some reason. I will keep looking.

Deepi and Joe, I feel I need all the encouragement I can get. Though of course I really expect you all to be right, part of me still worries. People should not buy shares if they don't understand the risks. This is my loser at the moment and I should know to be more patient. I just had not realised how big my stake here has grown. This is what happens when you convince yourself to be optimistic... I even bought monthly for more than a year, thus creating my biggest holding of any share ever! Don't panic Mr Mannering...

I had a shock this morning. For the first time I looked at the the largest holders of CORO shares and found I would be third on the list. So I looked at the directors deals page which give the holdings of all the company directors. I would be third on that list as well. Fortunately I have always regarded CORO as my gambling share and I still have high hopes. I do think I might have over-invested here though. Trouble is with the price languishing as it is I really feel unable to do anything about my over investment. Best to stop worrying.

Sorry a silly slip, possibly I am too young to understand, but sorry.

We were last up and Michael Masterman gave his usual smooth performance. He sounded genuinely up-beat about the platinum production and made a bold prediction of, I hope I heard it right, 1p. A hot topic here has been the gold and tin discoveries. I asked if the gold find was really important for the company. He answered that platinum was our income and main interest but that Black Rock had shown great interest in the gold. All told he seemed to think that prospects were more than good.

CORO were first up with James giving news and state of play. I foolishly decided to save my questions for the end of the evening social bit but was disappointed because James decided to leave after his brief presentation. He gave the upbeat forward looking chat we have become used to from SRON/CORO. He sounded very confident, especially about the upcoming adventures in Indonesia. But he also gave clear, optimistic details about the Italian assets, so close to proper payoff now. I was probably unfortunate to come home with no paper backing for what I understood to have heard. I suspect the pamphlet was missed from my chair. I really wanted to ask when Indonesia is likely to feature in actual figures...

I agree with all your comments about the new website for CORO, it is obviously still in the making. I do think it might be useful if we all decided what we would like on the site when it is more complete. My first thoughts: 1 What our company does. 2 A people page, upper levels only of course. 3 A history page, there is already considerable history here. 4 Financial pages giving accounts for each year, including production figures. 5 Site pages with up-to-date pictures for each developing site. 6 All RNS messages should be viewable. 7 A charts page, preferably separate for quick access. 8 A news page. Surely the current share price is the ultimate essential, or is that only the view of this private investor.

I really believe that CNA could break the �2 barrier over the next twelvemonths and move on to �2.50. Everything on the five year chart after the share was �2.50 at the end of April 2014 looks to me like a rather unwilling descent to the current level, full of ups and downs. I think it would take little market change to move the price back to �2. We have just received an excellent dividend of nearly 8% and I think this will have confirmed a new floor price. The price/earnings ratio is fairly high but maintained. The 52 week high is �2.13 and the low �1.23. Strong cash generation of �2.1bn is helping the company maintain an unusually high dividend. Oh I haven't mentioned beasts from anywhere either! The one doubt is that the Motley Fool agrees with me at: https://www.fool.co.uk/investing/2018/03/27/one-small-cap-turnaround-stock-id-consider-with-8-yielder-centrica-plc/

Bought SSE two months ago and enjoyed a 14% price increase in that time. Of course that average of 7% per month can't go on but it is an excellent start. Such a quiet chat board though.

In that I also have shares in LLOY. Whereas my CNA shares are up 23p since I bought in February 2008 my LLOY shares are down 2p since I bought them in October 2006. Perhaps I should have sold LLOY but they still seem a long term bargain to me...hence my Strong Buy recommendation.

Great price if only... Have patience and it may happen yet.

Thank you Wheresitallgone for your report. I know how difficult this type of summary can be in a crowded meeting room... So we really are destined for Indonesia. Interesting the preference for shallow water exploration. While we all hope for real income over the next year it is good that the company still has some future excitement in store.

Please can somebody report on the SOU shareholder meeting in Bristol? Thanks

I was a happy SRON holder and am very hopeful for CORRO. This is my biggest investment as I have been funnelling all my dividends here for a few years now. I am excited by all the news about building production, and about the expertly led expansion into Indonesia. But I am still almost 20% down and really need the price to crack 5.5p. When it makes it I will join those of you already invested in SOU. This is the only red line left in my share ISA. When I look at the company record I find it hard to understand where the markets get their valuations from. Is it really big market makers playing games? Patience is a virtue...

I am more than happy to be holding my stake in CNA. I applied my usual rules when purchasing, mainly considering the market, and the history of the company and share price. I bought in mid February when I deemed the price to be low enough. I am 4% up today. Such an important energy company has much going for it, and at current prices is very good value. I can see that such an important utility company would have attracted some investors that might feel misled but I feel I have been lucky and am happy to hold and see. The one research aspect I am missing so far is that I have yet to attend a share-holder meeting. There is something inexplicably useful about meeting the company directors face to face. I am slightly concerned that my meter might spy on me! Surely this is down to our company managing the online security. They must have worked on this... of course they must... didn't they?