Member Info for fogthemogg

No one was under the apprehension that LGEN is a growth stock, but expectations of modest capital gains over time are neither misplaced or unreasonable. There are a litany of other high dividend payers in other markets which have also achieved capital gains over the years, LGEN and her FTSE brethren like VOD are actually the exceptions. Hence the use of the term "dividend value trap".

Taking on equity risk with no expectation of capital gains, only to then sit underwater or at breakeven for a divi yield a few % above the risk-free rate, wouldn't really make sense to anyone outside of sleepy UK pension funds. But each to their own though, everyone has different circumstances and objectives.

The "plan" is an initial ceasefire to stop the WW1-style slugfest which has killed and maimed hundreds of thousands of people.

I'm sure some shelling shenanigans and novichok nonsense will continue afterwards, but you've gotta start somewhere!

"then you'd better start listening to Zelensky and the EU leaders"

Ironically they've both become almost irrelevant to the equation😆 Hilarious to see European leaders scramble together once they realised they've been sidelined and rug pulled by the US and Russia. Guys and girls, you had years to resolve this and did nothing, you're just not that important anymore...

"looks like the classic value trap."

Dividend value trap for sure.

"I don't want this share to take off. I want it to continue flatlining so that I can continue accumulating shares yielding 9%. A rerating which reduces the yield to 7% is of no use to me."

Classic FTSE dinosaur attitude, you'd never hear this across the pond...

LGEN is still lower than it was before Truss and Kwarteng's looney budget, 25% lower than before Covid. Another stress event, whether it's gilts or the global financial system and you could see several years of divis wiped out in a week or so.

The divis are nice but I'm principally here for a valuation rerate to north of 300p.

How many times are they gonna run this mother up and down before breaking 120p 🥱

There is of course bid/ask manipulation here, but that could be more than offset by big buyers stepping in at higher and higher prices. But they're not...

Problem is, as I said yesterday, there isn't confidence in the "FXPO helps rebuild Ukraine narrative" anymore because of endless government litigation and dirty tricks. Investors would rather take the quick profits now, than wait to hold for longer; it's become a positive feedback loop.

The real threat to FXPO from the war dissipated some time ago with the stalemate, it's the Ukrainian government who are the biggest threat now.

" An explosive upward swing can happen any moment."

We've already had two of those, problem is they're always sold into!

Promised that I wouldn't indulge myself in another mid-60s tranche, but took another slurp like the dirty dog I am...

If we touch 300p again, then we can party like it's February 2020...

Last Friday's shenanigans were the perfect example of: "buy the close, sell the open".

*below $1,900 and silver stuck in the low $20s. Production was of course higher back then and costs were lower, but still the rerate is long overdue.

Sharebel, there isn't necessarily a multiyear and multiparty conspiracy to suppress Tullow's share price.

Unfortunately for obvious reasons, the company has soured into an unappealing investment with few willing big buyers; on most days less than a million quid's worth of stock changes hands. On a "high volume" day, it's just shy of 2 million quid, the proof is in the pudding (along with other such clichés).

I'd hope for higher than 10 quid...Share price was in the 800s and 900s when gold was

"One analyst can be wrong but not all analysts...."

Are these all the "analysts" who had price targets of 600p,700p on Glenda for years?

"If anything that backs up my posting being consistent and honest about my position."

Apart from the bit when you panic sold everything during Gabon coup, ended up buying in higher therefore must be 50% down...Except now you're magically claiming to still have something ridiculous like a 9p average...Straight up disingenuous grifter.

"something doesn't feel right with this stock..."

The aggressive short-term profit taking at every opportunity implies that big and small money do not have confidence in the "Ferrexpo helps to rebuild Ukraine without government interference" narrative. Shame.

"Russia is part of Opec + isn't it, and has been producing according to its quota."

Until recently, Russia was largely overproducing above its quota for years.

Posting 2,745 times on Tullow (likely more through different accounts) whilst getting all of your weekly and monthly predictions wrong for several years, but STILL considering yourself an authoritative voice on Tullow, fits comfortably within the definition of a narcissist 😆

So we've had January's stunning production report AND the Trump/Putin phone call, yet now we're back below 100p...

Unfortunately no matter how early and bold you are in your positioning, the LSE is such a pile of illiquid garbage that they can pull it back whenever they want to if they feel they've missed the boat.

I didn't know that the Spanish version of Rob was Sergio?