Member Info for Dandu

Jim Cramer seems to think gold will be making a come back. Let's hope so. Looks like a lot of the gold stocks aren't doing so well now so hopefully patience will pay off. I've topped up a bit recently.

https://www.cnbc.com/2022/06/15/take-advantage-of-golds-impending-comeback-with-this-best-of-breed-stock-cramer-says.html

Share price currently sitting on multiyear support levels which date back to 2016.

Let's hope it consolidates around these prices before moving up again.

Buy rating from Motley Fool. Doesn't seem to be doing much for the share price today.

After selling all my holdings at 263p in Feb 2022 I've started buying again in small amounts and will average down. Hope to keep adding even if it falls below 100p. Bought some more today. Doesn't look like Russia will win the war in the long run and they are running out of steam. May take 1-2 years but hope to see things back to normal eventually. Unless they drop a nuke.

https://www.fool.co.uk/2022/05/05/why-i-like-this-ftse-250-stock-with-a-p-e-ratio-of-just-1-3/

Interesting to see the Mail on Sunday has also featured Wynnstay in this article. More coverage isn't a bad thing at the end of the day.

https://www.thisismoney.co.uk/money/investing/article-9281667/MIDAS-Ten-tips-UK-shares-biggest-bargain-decades.html

I bought last year at 280p after it came out tops on the Stockopaedia ranking system. Really like the dividend yield as well. Won't be selling anytime soon.

https://www.ii.co.uk/analysis-commentary/chart-week-rolls-royce-ripe-buy-low-sell-high-ii515115

Double bottom formed on chart

BOOM! Looks like share price is starting to push ahead.

I'm also hoping we have a big rise on Monday after investors have digested the news over the weekend. All we need now is a mention by Simon Thompson in IC.

Looks like a good acquisition. Also like the dividend yield from this company

Pretty surprised by the continued drop in the share price.

I wouldn't have thought the Grand Corona Law would have that effect on their business. I thought a majority of their business was in Europe. Israel only has a population of 8 million people. Does anyone know what proportion of their sales comes from Europe?

I am considering whether to sell or hold on till later in the year. My original thought was that with covid cases spiking later in the year they would see increased demand for their Covid testing kits

Simon Thompson (Investors Chronicle) said ride profits in a recent article.
I bought at around 84p.
I don't seen any reason to sell before end of the year. Unless Covid rates start to fall

I was listening to an interesting interview on CNBC with a medical expert in the US.

He was saying that come winter anyone with a fever or cough symptoms will have to be tested for Covid. This will mean much larger demand for testing than there is at the moment because the Flu virus will also be circulating in the community. The only way of knowing if its Covid or not will be to do a test.

And it's unlikely we will have a vaccine in place by then unless things move very fast with the vaccine programmes.

Article on Stockopedia today- SIF Folio: Wynnstay looks like a defensive dividend buy.
Looks like interest is increasing

Noticed as well. Seems to have woken up.

Have you got any links to back up the £9 price target from Berenberg bank? Not sure how they would come to that figure

In addition to holding some SLP shares I also opened a long position on Palladium in my spread betting account last week. Doing very well today with Palladium prices going through the roof.

I haven't been able to find out why? Apart from the effect of covid on mines in South Africa. Bear in mind Palladium was at over 2500 before covid hit. Commodity traders have been saying it will trade within $2,000 - $2,100 this year but I wouldn't be surprised if we have another bull run before the end of the year. Especially if new car manufacturing picks up in China.

Watch this space.

With the recent resurgence of Coronavirus in Israel I wonder whether BATM will be supplying Covid testing kits to the Israeli government as well? Benjamin Netanyahu was senior consultant to BATM from 1999 to 2002.

https://www.express.co.uk/news/world/1306642/coronavirus-latest-news-covid-19-second-wave-outbreak-israel-cases-global-death-toll

Slow and steady. I wonder whether this will touch 350p.

Does anyone have a target price in mind?

Looks like the Covid 19 situation in South Africa may be affecting the Palladium mines. Which may explain the shire price drop. However, if the mines have to close this will probably send the Palladium prices higher which may mean more profit for miners in the long run.
Also from a chartist perspective the 36 - 37p area has acted as support several times in the past 1 year so won't be surprised if it does so again this time around especially as the price is oversold on the daily chart. I did buy at 38p a few months ago and will consider topping up this week. Palladium prices may start their bull run again when motor sales pick up over the next 6 - 9 months as well.

Not to talk of the dividend yield. Stockopedia gives it a yield of 22.98% !

https://invezz.com/news/2020/06/26/palladium-price-gains-as-south-african-mines-coronavirus-cases-rise/

Looks good. What does it mean by increased interest? Takeover?

Finally! Very encouraging interim results. The sp should start to tick up steadily now

This stock is definitely going to be up on Tuesday. From a trader's perspective the chart fits all the criteria for a 'breakout'. Share price has made a new high after breaking out from an almost flat chart with massive volume. Bought some on Friday at 60p. Also looking at the chart there was no pull back towards the close on Friday which means the buying pressure was strong up until when the market closed. Didn't look like there were many sellers on Friday afternoon. See what the price does on Tuesday.

The article below also suggests the current price is undervalued considering the deal.

https://www.sharesmagazine.co.uk/news/shares/marstons-shares-skyrocket-on-carlsberg-jv

''The deal values the UK’s largest brewing business, with six breweries and eleven distribution centres, at up to £580m, almost three times its current market cap and around 13 times adjusted 2019 earnings before interest, tax, depreciation and amortisation (EBITDA).

Marston’s market cap before the announcement was a paltry £206m, below last year’s £222m EBITDA, and around 1.5 times what analysts expect for the year to 30 September 2020 according to Refinitiv data.

To put this into perspective and show how much damage the pandemic has done to the beer industry, when Fuller’s (FSTA) sold its brewing business to Japan’s Asahi last year it fetched 23.6 times EBITDA.''