The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I consider the sp in Spain to be driven by supply and demand of stock. Currently quoted 1.7 euro to sell, 2.0 euro to buy over there. Not a worry but it would be if it was the other way round with the price was a lot lower there than here.
That comparison with Atalaya is very relevant, Broxburn68, imo. Thanks for posting your research. I still find this a compelling investment and am committed to holding. I believe we will be rewarded well.
Currently quoted at 1.3 euro to sell, 2.0 euro to buy. It suggests a shortage of stock available in Spain with a lot more buyers than sellers for it.
Could it also be that there's limited stock available so soon after listing in Spain?
"Berkeley rises 52% in the best stock debut in 18 years"
SP showing as 0.72 euro on Spanish Exchange.
Nice day for all the genuine solg investors, looking forward to more of these. Never any doubts here and I too added in the low 20s. So much for the wisdom of constant 15p or lower predictions by Jimiley and his like over the past few months and credit to all LTHers who ignore it.
Speaking from the perspective of a retired construction cost consultant, I'm encouraged by this news of further potential capital cost savings. The impression is that BKY's consultants have a robust cost plan in place which they are reviewing regularly and challenging each cost element with the aim to manage the final out-turn construction cost within project estimates. This will help maintain the advantage BKY will have as one of the lowest cost producers for the benefit of the project and, ultimately, we shareholders. Buy and hold for me too, a great opportunity for investment growth together with dividend income for many years to come.
I totally agree, Baht, the RNS is factual and not misleading at all. It actually acknowledges that there are opposition groups and also mentions Portugal so it is a balanced statement in my opinion
I agree flundra. Positive and refreshing statement, personally I don't read anything misleading in it. Market reaction seems positive too especially on a day when it is down in general.
Thanks, Solgfinger. I look in every few days or so but they don't bother me, can see right through them, their lack of investment knowledge and misguided statements are quite amusing in a way. GL all patient LT investors.
Thanks, Solgfinger. I look in every few days or so but they don't bother me, can see right through them, their lack of investing knowledge and misguided statements are quite amusing in a way.
They say every group has it's sad miserable bastard but this bb has quite a few. They're all predicting a big fall in sp by xmas.....in total contrast to the professional analysts. Well, we will just have to wait and see....but that requires patience which is not a concept that they are able to grasp. I guess their lives are going to be even more depressed for some time then.
Impressive post, Pad, well done. The list is long.....and all facts that can be justified.....unlike the wild sweeping negative statements from some.
In further exchange of emails with PA, I asked for confirmation that they are on schedule for commencement of production late 2019 and the response is "That is correct"
Sensible response.
Not at all. You have made these rash statements "solg is rarely punctual" "the list is long" "all big decisions have been delayed" and you provide no substance.
Mre was always stated to be completed by end of December, which it was, so not late. Tsx listing was a case of following through a series of obligatory requirements, not delayed by solg. Aguinaga wasn't cancelled but wasn't a priority. "All the big decisions have been delayed" - Which decisions?
That one was on time! So, where is your list?
"solg is rarely punctual" - What are the facts behind this statement?, e.g. the mre was completed on schedule at the end of December, published early January