Member Info for darrenp

Yes lots of idiots have arrived today after seeing the drop. A drop always sees these fantasists appear with their doom and gloom stories or their stories of when they bought and sold just at the right moment. It gets tiresome to the point of putting one off reading these boards. The only way there would be such a huge job as one fantasist has described waiting for would be part of a general huge drop in the market. In the mean time this is currently a great price to buy in or top up as in the long run will go up.
Talk about the dividend is kind of irrelevant as it’s a tiny dividend any how. No one invests here for the dividend

https://ux.btmail.bt.com/cp/index-compose.jsp?type=preview&uid=85494&accountId=&folder=INBOX

Another interesting link regarding theoretical gold prices in a stagflation scenario, which looking at the state of play seems like the most likely course over the next few months to couple of years

https://www.jsmineset.com/2020/08/12/this-is-not-2011/

The market in general is swinging up and down all over the place at the moment, very volatile. Don’t think there’s any problem specific to here.

I’ve read some articles on this idea in the past some with lists of codes and their meanings but In general it doesn’t seem to follow any pattern. However there was one occasion I definitely saw codes being used, a few years ago when London mining went bust. On the day there was a news story about London mining being rescued and Reuters wrote an article about it saying it had been agreed, the shares rallied something like 500-1000% that morning the buying was the strongest I’d ever seen. But then Noticed 5 shares traded, then 4, then 3...all exactly 20 mins apart to the second... then 2, then 1, then the 1 repeated, and then it suspended less than a minute after the final 1. Total loss for Remaining shareholders including BlackRock but other big investors sold out in those final minutes into the huge volume. I’m convinced it was a countdown for those in the know.

In a recent interview Rusty mentioned that they’ve enough in the kitty to ensure the dividend remains at today’s levels And is paid for the next Couple of years even in worst case scenarios

Following the Fed’s statement it shot up, then crashed, then up again, huge volatility. Interesting times

Enjoying the ride....Expecting much volatility but long may it continue

It’s true that politics are more fragmented at the moment in Peru. Normally there are two or three main parties taking seats but at the moment there are many different parties with 8-10% of the vote, left, centre and right. The Popular Force party has lost popularity because it’s almost a family cult party of the Fujimori family. Keiko has been involved in many scandals, her father has been in prison and is a very dodgy character being responsible for a mass sterilisation project under the guise of a vaccine program, corruption and other human rights abuses, finally it seems that it’s all catching up with them and they’re no longer popular. Two of the right wing pro business parties did well, so hoping there won’t be too many changes affecting mining there. Also times are not normal there are a huge number in Peru dying from Covid, it’s not really reported but the numbers are huge even though they locked down early, it’s affecting all families there and I’ve lost a relative in Lima myself. I think the current political scene is a reflection of this chaotic scenario (The Fujimoris and Covid) and believe it can only get better

Argentina is risky, Peru is quite safe economically speaking. If looking at how safe a country is to invest in then the rates given by their respective government bonds gives a good indication. For example the lowest rates and therefore safest in South America are Chile and Uruguay followed by Peru, Argentina is one of the worst giving much higher Rates, but still not as high as Venezuela.
I wouldn’t hesitate to invest in Chile, Uruguay or Peru.

Just after hours recordings of earlier trades.

https://media-prod.ii.co.uk/s3fs-public/pdfs/rates_and_charges_uk.pdf

Is a good link to check ii ISA charges. I’d definitely recommend moving, I’ve never had any issues with them, they always send through the correct amounts. There are 3 different monthly charges, which can get your dealing down to £3.99 a trade and includes some ‘Free’ trade credit out of your monthly charge.

I’d be more concerned if they totally stopped buy backs without explanation, I see it as a sign of long term confidence and an efficient way of doing things

Yes it’s not dgoc’s fault it’s your broker. I use also use ii and never have such issues.

Yes sounds very positive . I came back in first thing this morning, had just been waiting for a sign.

Just looking back at my old posts from Derriston days. Is nice to look back after a story has unfolded in a great way. Below is the post

darrenp
Posted in: DERR
Posts: 388
Price: 12.25
No Opinion
RE: An update at long last!31 Aug 2017 08:38
Just requires patience reckon this will come good. Scsw mentioned this a while back and had to declare an editorial holding which I see as an endorsement

Hi Bidnolid,
Yes I’m still here from Derriston days.
Have been in and out a couple of times but never for long. Was in Derriston for a while, I purchased it as a cash shell and Couldn’t believe my luck when S4 moved in with MS in charge.

I’m guessing there will be an rns out this morning, going ex divi next week.

Pretty sure as an etf it will be. Don’t know how much yet but it will be based on dividends received from its constituent parts over the preceding quarter. Will be an rns out soon