Member Info for Ecologist

Iodine sells, so do their speciality chemicals but TB worries me when he talks about investing in other sidelines. Remember the extraction of water project, remember too a dabble in cannabis seeds?

Please stick to your kniting TB. It looks like the market agrees with that sentiment.

But rather a muted response of Aminex sp to the news of three groups fighting over the SCIR shares.

Now an auction (remember Cove offshore) could really serve to highlight value.

@Hand-some: dividends can be automatically reinvested at market prices and a very small fee (typically around £1.50). Interested to know your broker because ii (now under the wing of ABRDN) does not offer this service for AIM stocks.

Reinvesting divies is what conventional wisdom considers provides the greatest long term gains. If you do not need the income provided by dividends, reinvesting is usually a good idea (but everyone to their own).

We were all new to investing at sometime in our lives, so do continue to feel confident to ask for advice or explanation on these boards. Most people are happy to help.
Eco

On reading the RNS, I had the same thought about sl@g heaps Audio. Safaniya, from where do you get your info that ATM cannot exploit past and its own sl@g?

The annual results published last week did not seem too bad but the sp has fallen back by a couple of quid since then. Was the large deferred tax charge unexpected or am I missing another major, negative issue?

Amber Rudd (a director) obviously does not think so since she bought on 25th May.

Sad to lose this stock but at a good price.

Another good divie payer that I have held since its flotation is Gore Street Energy Storage, further down the electricty line than Contour. This is not meant as a recommendation of Gore Street but rather a reply to the question asked in this thread.

Not a recommendation but rather an interesting possibility to read about is Gore Street Energy Storage, the flip side of Contour. Four divies a year, a cash cow (especially in today's energy market) and an opportunity to get in relatively early in its history.

The update seems to be pretty positive given the pressures that Covid placed on the world economy, including supply issues. I felt quite optimistic reading through the text. That is until I got to Simon Tucker's contribution of " ... I am disappointed with the poor financial results."

Hey ho, spanner in the works by the CEO.

Raised 12% and knocked MC by over 20%. Seems about right for these guys.

Great results this morning. I put a buy order in at 8 am and see that my order is still "pending". No shares being sold or an ii c@ck up?

I am noticing that E.D. pills are being advertised on UK TV for purchase off the internet. When will our company finally get FUMbling Fingers onto pharmacy shelves?

Crazy prices the morning .... what is happening?

@Killian and @Cringsing your personal concerns will not make an iota of difference to the market and I wonder what your point is on this forum. To a certain extent, I agree with what you say but I am invested here and will let the couch potatoes stuffing poulet à la crême add to my retirement funds. These were v impressive results, by the way.

Like many here, I am (tongue-in-the-cheek) sure, that the most important item on all our minds for the operational and financial highlights of the year had to be the safety record. Great then that it was reported as the first item!

In two days the SP has gone from 3 or 4% over nav to 5 or 6% under. Why? I have no idea.

Lombard Odier now control over 21% of the shares ...

Interesting day in the market today with buys at 404.6p and bids at 404.4p while the supposed takeout price is 403p. Is there a counterbid coming? Otherwise, why are people buying?

I bought in at the IPO in 2015 at 195p and have reinvested all the dividends. So about a 15% compound per annum. Not a bad investment. I can see Contour Global going the same way (asset rich and a cash cow, like JLG).

Sorry @rylidan but I have to disagree with a few parts of your post. Yes, agreed, we are in a prolonged period of green initiatives and these should be enhanced by COP26 in November, and we are a low cost producer. But I cannot see how oil prices can go higher on lower demand - unless there is a significant cut back in global production (but which companies/states will blink first?). When cutbacks do occur, I can see the more costly producers - often frackers - going first. Remember where Iofina gets its brine and what happens to our production when our frackers shut down. Given that Iofina produces on the tail of frackers, I cannot accept Iofina as a green supplier. Also complex chloro and fluoro compounds are not great for the world's health - remember CFCs and a hole in the ozone layer? Perhaps the green credentials will come from our cannabis sideline. I sincerely hope that Becker and co are looking for other sources of iodine rich brine.