The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
How did you manage to vote inside your Barclays ISA? I have e-mailed them but still received no response
Thanks Del44 An excellent summary I hope the surprise arrives for Christmas
Mostly Buys again this morning. Hope I have not operated my usual profit of doom trigger!
Thanks Del44 for the clarification I had not realized that any CGH dividend would not be paid until next year I agree we will be lucky if 0.16 is achieved The annual report should clarify the value of our CGH holding This was the main basis for the IC recommendation
Does anyone know the date when results will be published?
Thanks for the excellent clarification Del44 How does the £649 million translate into share price of FTO?
Back in January FTO was 55% of the “true value” of its holding in CGH Through March, April and May the “true value” ratio increased to 60% Through June the price of FTO has fallen despite a significant rise in the price of CGH The ratio has dropped back to 50% What will July bring?
From the iii board, the multiplier is 1.64 This means that the equivalent value of FTO for our CGH holding is 1.64 x 14.84 = 24p
China Gas Holdings will be out 24th./25th.June This will be the first big event
In the latest research report, Credit Suisse upgraded CHINA GAS HOLD from Underperform to Outperform to reflect the long-term positive prospect of Mainland gas sector. The target price was raised from $8 to $15. Meanwhile, the research house raised the 2015/16 EPS forecast by 15%/24% to reflect the change in conditions since the previous valuation. China Gas may become the biggest beneficiary from the potential cooperation between China and Russia on gas supply due to its huge size in Northeast China, Credit Suisse said.
Woolworth, My son is currently under treatment by West Cheshire for anxiety. One of the problems is the GP's are not aware of IAPT service. My son found out about IAPT through a private mental health consultation. He was able to "self refer" himself to IAPT. He received a quick telephone consultation then had to wait 4 weeks for a face to face consultation. He has just had this consultation with IAPT. Nobody has, as yet, mentioned "Beating the Blues". He was no too impressed with his first consultation when compared to the private consultations (cost £50) he had been receiving.
If I have read the situation correctly, Calisto, the environmental group have been trying to prevent the project from proceeding by claiming the sale of the mining rights to FTO was not legal. The authorities have ruled in FTO's favour. This would appear to be good news. It also suggests FTO are continuing with the project.
Looking back at FTO's charts, now Del44. The peaks over the last three years have not been reached until after year end. Lets hope there is a further rise after the interim reports.
Thanks for your analysis once again Del. I always appreciate your clear thinking. I have just "eyeballed" the October CGH price is was down below 8.5 for more than half the month. I think the average for October should not exceed 8.6. Shame the agreement doesn't allow more flexibilty, September was much lower.
Thanks for that clarification Del. In each of the last 3 years FTO has given us an interim statement by 18th.Nov. Lets hope the trend continues this year. Some information may also be given on Maoming
Well spotted Del, With all these special divi. announcements I am completely lost on the FTO sale to CGH This positive profit alert is up to September. Does this include any profits from FTO's gas business? Can anyone clarify if and when FTO's assets transfer to CGH? How much of our CBM profits will be included in FTO's second half profits?
Maoming announcement is very much overdue. The existing contract ended back in February 2013 No profits were included in the first half year results. Does this mean the "missing" income from Feb. onwards will be included in the second half results?
Any views on what this might be?
There is an extensive report of the EGM meeting over at the iii discussion board. Look at Bravon (First post to this Board)
Fortune favours the brave Does anyone have access to IC? Is there any more hidden behind the paywall? http://www.investorschronicle.co.uk/2013/08/28/shares/news-and-analysis/fortune-favours-the-brave-cuEAhHNMYewB1OylW9wuvJ/article.html Fortune Oil (FTO) announced a special dividend of 2.36p a share at the half-year stage, as total revenues (including jointly controlled entities) moved up by 10 per cent, but the market is still ascribing no value to Fortune's ongoing business. By Mark Robinson, 28 August 2013