The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
And on top of that the payment for the pension deficit this year is only 4m compared with around 50 mil what was paid in the past 3 years give or take.
The current share price just doesn’t make sense.
I think the fear of someone offloading is a bit unfounded.
Funds are selling shares all the time even at a loss.
Don’t forget that they had 689mil in cash at 17th of June plus the 228mil received recently.
Plus the sells are being absorbed with institutional ownership now at 96.1% which is more than any other share I am invested in.
Everyone has a different way of analysing a share however for me this one is a hold even if Half year report is not exactly what everyone is expecting.
With more than enough money to repay the short term debt obligations and hopefully refinancing for the rest I think they are in a good position.
All I would like to see is double digits profit margins.
Lets hope for the best.
Yes.
This is definitely the most frustrating share I have ever been invested in.
However because I have been invested for 15 months now I can wait another 8 for the march 2022 full year if nothing happens next month.
Do you guys don’t have a life?
You post so much on this board even on a Sunday.
It’s really strange for someone who is not invested.
Yep, some are ramping this share however you double up on deramping like I’ve never seen before.
You definitely have an agenda and I ‘m sure you are not doing this out of the goodness of your heart.
I’m sure it will end soon.
That’s why Marathon added 12milion because it’s “to risky”.
I get the risk however you guys are very persistent.
I look forward for half year result and then the full year as well.
I might be wrong however there is also a chance I might be right.
Time will tell.
Until then good luck to you all.
We have different views on this.
What you see as horror I see as a toping opportunity to my already large holding and to be honest I am not concerned at all.
Just to give you an example in Aml the share price went down to 27 and most people were shouting 10p de ramping.
It hit the bottom at 27 and went up to 86 pretty fast.
I am not saying to compare the 2 as they are different.
The logic is that I have done the research and I am adding all the way as long as nothing major changes.
Again...we will have to wait and see.
I’m not saying he has got everything right.
I am just stating what I see.
It was the same with Aml, Card and Ted.
I followed all of them.
What is happening here is almost the same.
If I am wrong than I will support the consequences however is to similar.
We will see before In due course