Member Info for dduck

indeed....anyway, these market losses should be profitable for Man if their AHL funds are locked into the trends - they have done a pretty good job so far this year. obviously not so great for the others, but AHL, etc. does create the best performance fees. must say , am pretty shocked by how far the FTSE has fallen in a month - down another 1.8% or so as I write.

have gone above 8% and then 9% in the last two days. held up well today.

that HGM is still being led/held down even when gold is up 1% in a day...why am I not surprised though.

the way this is pulled up and down. I wouldn't mind if there was MAN specific bad news , but there isn't. likewise, the other asset managers are barely down today....more insider knowledge being leaked before tomorrow. such a bunch of crooks in the City.

it would appear now.

yes, have noticed that - requires more than a cursory glance. were holding our own up until 1ish, and then down we are taken. notice that ADN and ASHM are barely down today. this manipulation is so predictable...

well,, I have added another 10,000 this morning. obviously doesn't help that HGM is an AIM stock

no great volume, and buys matching sells more or less. added some more anyway.

Hi Forwood, thanks for your input . I take it you're a holder?

at a fraction over 40p. willing to add if we see further weakness - gold holding at present.

hopefully there'll be many positives in this update. looking for a high level of performance fees and good integration from the US acquisitions. AHL appears to be coping fine still......long may it continue!

no need to apologise, Shareminator, always enjoy reading your posts. yes, that's the million dollar question regarding the gold price. still , with AISC at $900 in H1 and hopefully maintained in H2 at a higher production level of 160-170k oz., then there does seem the potential to chip away $40 odd million extra off that net debt figure of $239 million by year end? HGM are a 300k oz. producer, and if they maintain control of their costs then there is the potential for a good EBITDA figure. as ever , this hinges on gold keeping at a reasonable level ($1200).....it's so hard to say with any certainty, as no-one really knows which way gold is heading. As regards POG, I just find the way PH treats shareholders unforgivable. I think an element of the refinancing should be for him to be booted out. I cannot understand why he has been so utterly backward in addressing the debt issues facing POG. he just seems so utterly aloof....

Alcidas, I have always found Shareminator's posts honest and well constructed. I have taken a small position in HGM on Friday as I think it's starting to look like pretty decent value, so am hoping we'll see a recovery soon. will be tempted to add on further weakness. Shareminator, I hear what you say about HGM's costs, but I think they compare pretty favourably with most miners, and it is far harder to reduce from a lower cost base. hoping you see some positive news with POG soon.

http://www.telegraph.co.uk/finance/personalfinance/insurance/motorinsurance/11155152/Drivers-pay-56-more-for-car-insurance.html

Cannot see the justification for such a big fall yesterday? Highland Gold is subject to some pretty serious movements and the spread is usually pretty wide for a fairly liquid stock. Just checked the H1 figures for 2014 - AISC of $900 per oz. and on course to produce 160-170k oz. in H2. Gold closed at $1223 yesterday, so a fair margin to work with currently.

with 6000 in total at 41.8. was in ages ago when the price was around 80-100p, and made a decent profit, so hopefully same again. things can turn quickly, Alcidas.

This share seems in a relentless downtrend at present , even allowing for low volume and market unease .... Going off last year's figures the dividend payouts were 15.8p (actual payout 13.3p , as it did not cover the full year) and 5.1p. So, if it is maintained this year we're looking at a yield of 9.5%. Am assuming that this payout is safe for 2015? Any other views ?

I imagine that AHL will breach 1.33 on yesterday's performance (we'll see at 1730), but I am guessing that GLG won't have performed that well in the last week - again, we'll see later on. be interesting to see how the two US acquisitions are performing when Man updates on Q3 on the 16th October.

i believe it's the entire management fees and a % of the performance fees . next divi. is April 2015 (somewhere around that date), unless a special divi. is announced, which I feel is unlikely.

see there was a 7million ordinary buy after hours today (if reported correctly)