Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anybody knows when RDSB going ex-div and the amount of div per share?
I took your advice and had a look at div history. I noticed that there was a growth in div every year between 2010 and 2015. Since 2016 there was no growth in div, whereas most of the UK banks enjoyed div growth. I could not find out why HSBC is lagging behind in this respect.
It is high time the directors of M&S find out why customers prefer to shop from Primark than from M&S. Both sells goods made in far east, mostly in China. One of obvious reasons is that M&S protect it gross profit margin.
It is true that the div is covered, but it is holding by thin thread. One more bad quarter can force the bank to reduce the div. As a consequence it will have large impact on the share price. On the other hand Hong Kong protest can't last forever nor will Brexit issue. Trump will end the trade war with China one way or the other. Trump will last forever.
It is more tricky situation then I envisage.
I noticed that some investors are still buying Merlin shares. It is difficult to understand why they do so, in view of the fact that takeover price is £4.55 against the current SP £453.30. After paying stamp duty and brokerage there is nothing left to write home about
According to textbooks, when more shares are bought than sold, the SP goes up. The logic behind is that it discourages buyer from buying more shares and at the same time tempt the seller to sale. This is textbook theory.
Today £16m worth of shares were acquired against £5m worth of shares sold in RBS. The SP, instead going up, it went down. The textbook theory straight away goes out of the window. The stock market does not understand or does not care about law of demand and supply.
IMHO cricket has nothing to do with the share price. The SP went down partly on account of ex-div and partly supressed by traders. Imagine the RBS's SP lost ground by 26p (13%) in four days. Was RBS worth 13% more four days ago? This is how the traders make profit.