The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
With the bank situation *potentially* sorted impacting gold price, I would even consider selling some AAZ holding to buy CAML.
Just to add in H2 I expect 120+ or a 60% rise from here.
1) The Saidies will want more money after losing on CS.
2) US will want to fill strategic reserves.
3) Pleathera of news flow from JSE....
I don't know about you but in my ISA I am hoping for quid in H2 and accumulating, however take a 3-5 year view as with anything small and under the radar.
Both Shell and BP are up today as investors buy quality. It's the same with Copper via GLEN.
I have added to JSE and here AXL at £0.15375 as these *should* go up faster on recovery.
Credit Suisse has been more of the issue now and as a result liquidity in AA4 has fallen fo a cliff. High-yield credit is attractive as an income option. Let's see if a deal for Credit Suisse can be resolved. I don't blame anyone for wanting to sell some AA4 as defensive move or an move to create dry powder to buy the index.
It's like a bond but with 20% swings! Or another way it's like a geared FTSE100! The 5-year chart shows -10% without dividends and +25% with dividends outperforming the FTSE100.
The sexy thing about LGEN is its predictability to trade OR the opportunity to buy low to lock in an income.
Pound cost averaging into LGEN on the way down is a good strategy. LGEN will always go up (an down) faster than the FTSE100. Spread your buys out and maintain some diversification.
TrekMadone makes a good point about politics. That's the attraction of diversification of the majors but they have the risk. CAML is the only smaller company worth holding forever.
Yes as a small part of a balanced portfolio. But if they commit to a new project with a load interest rate of around 10% it better be extremely low cost. These two are the best miners on AIM IMHO and at today's price I would be buying CAML. I do own AAZ but its a small fraction of what I hold here and in GLEN and dwarfs strong buying of non-miners like LGEN or WENS etc...
Anglo Asian Mining is in gold and also net cash it looks a strong buy with the gold price.
However, CAML generates more cash, so much cash that we create a pile of cash as well as pay the dividend. I believe CAML is better financially to grow without expensive gearing with a very high-interest rate! This reduces the risk-reward profile and the aim of the game is not to lose money.
But don't buy a dog unless you know what the issues are. And how and when they can be resolved.
The positive news is in the detail of this award-winning dog stock:
"'I'm particularly pleased that the Company reached adjusted EBITDA profitability in the second half of last year."
You can't get worse than ROO with net investors who must be out by now... its a shocking affair. I can now see some potential light at the end of the tunnel. So I have added my first investment today after watching this train wreck from IPO! My other dog stock Yu Group PLC did extremely well and sold into AO.
Look out for more dog, blown out stocks. Its the only way to really mak money.
Many thanks for this seen_it_done_it, and it looks like from the ticks up on your replay a few more people found it useful.
The next dividend 18.097p for those on the register in 4th May.
What do we expect on the second and last dividend of the year?
Do we take last years dividend and apply x% increase to work it out?
Money arrives in my AJBell account. Bought FTSE100 and if there is a recovery in the index I will sell and buy more aa4.
Not yet. Other stocks are falling so I am glad I replaced the stocks ahead of the distribution.
Don't kick yourself over something you have no control over.
Understanding the phycology of investing is a key to success and also mental health.
This will all blow over in days.
Looking at the past balance sheets of both JET (Just Eat) and ROO.
Plenty of revenues but negative margins even during the pandemic.
Where do we see profits combining from and will margins always be tight?
Love the net cash position here, but that's all I love right now.
We can't increase the dividend. The whole point is the spending transition and until that happens the dividend will not grow that much. Those wanting an income can buy BRWM.
The share price fell unfairly on Friday. Other than GLEN the other holdings held up well.
I think Snoop bought 463,596 shares yesterday.
I am just going to sit here and sell at 2.15p if the volume increases and buy back in when Snoop gets bearish again.
Cplloyd thank you very much for helping new investors to get up to speed. It is likely rates are here for longer and older investors may have to get used to equity raising in addition to the credit facility but happy to trust management to be able to make the right calls to maximise returns.