The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I wonder what is happening at Kakuyu ? It seems to have gone quiet, the last updates indicated test drilling, ramp extensions and even early ore deliveries but we have heard nothing for 6 months now. Similarly, has Bushranger been mothballed or is more work on going ?
If we keep this up, we will hit 190p soon. I have fond memories of the Barclays sheep trying to jump it a couple of years ago.
Mr A, I am in. My prediction ( based on what a groundhog told me ) is that it will be ... £1.46. It will rise like a star to £1.69 and then go down like a chubby kid on see-saw on the 19th.
Is it too early to start predicting the dividend on the 14th ? My hope is anything above 5p. One thing for certain is that if it is low, the BoD will see the result in the SP. A nice EPS or p/e ratio is a poor substitute for a competitive dividend.
Q3 results seem late, I know we get an update from Empress but we could do with the actual figures
Perhaps the blue duck has finally turned a corner and we can look forward to a nice 6p dividend in February and rising share prices back to the heady days of £2.10 - £2.40.
What we have not have for a good while is a regulatory scandal. No rule breaches, accusations of bribery, price fixing, cartels etc. All to good.
Sorry, I cannot resist. I see that project Barclays launched to boost shareholder value is going from strength to strength. High fives all round at every performance meeting.
Andrew, I agree. We just need those figures before Q4 is out, they should be good, better then Q1 so I do not understand the delay. A delay is normally XTR's way of dropping bad news.
Surely this is now later ? We are into Q4 now. The H1 report basically re-hashed old RNS and the least said about the Roast interview the better. I do hope the company's he is CEO off do not pay for that kind of publicity.
I like this news and I agree with Howezap that the company is an exploration one and we have to grow the business. I would feel better though if there was a new JORC for Bushranger and a good quality update on Kankyun. Otherwise the fear many LTH have is that this is just another 'Don't look over there, look over here ! ' venture.
At some point the buybacks must made a difference. The current round will take us to just above 15 billion shares at current prices. There were 18 billion when the buybacks started. Only another 7 billion to go to take us to pre-Qatari levels
The do not need to engage a specialist consultancy firm to tell them how to improve the share price . How about,
1. Pay a dividend that is more attractive then a 'no risk' notice savings account.
2. Stop breaking regulatory rules. I notice Bank of America has just been caught opening ghost credit card accounts. Someone please reassure me that Barclays is not next.
3. Keep up with the buy-backs, it will mean greater EPS and less dividend payouts. Maybe make a long term commitment to reduce shares in issue to pre Qatari intervention levels. This may take years but it gives a direction of travel.
See, to quote a famous Meerkat 'Simples'
No sign of them at this summit either as a presenter or exhibit.
It would be quite good if the CB actually told us why, just saying.
AIM, , this is all fantastic news by why on earth is the SP collapsing ?
Ben, sadly you are correct. Despite all the criticism of his predicted time scales and over egging things, CB still cannot resist. This time around, no one fell for it and the claim of 3 - 4 weeks was met with derision. No one is surprised, just saddened.
Great news but worth about as much as a sparrow's fart to a shareholder if the dividend remains barley competitive with the savings rate offered by some banks with no risk.
Yes it's been delayed by a few weeks but they have communicated this in advance and will also be announcing more news closer to the time. The new government funded tie-in shows that the UK will not be banning cultured meat which again is positive.
We are at the cutting edge of science here and I would rather they played safe rather then poison a shareholder live on T.V. It could be worse, the SpaceX, test launch did not exactly go to plan either
Crunchy. Thank you, that is very insightful. The problem is that if the dividend remains low, it just means the bank have less to pay out to shareholders whilst boosting the value per share leaving more profit for other uses. Sorry to be a cynic but they need to increase the dividend by a lot more. Bonuses should be linked to share price.
It all hinges on the dividend and the Boards ability to not mess up / get caught messing up ! They have failed at both recently.
Now if we get a 3p half /6p full pay out this year, things may start to look up.