Member Info for fromage

How can people retain positive conviction when as I understand it a vital document has been delayed maybe 5 months? A feasibility study plan cannot be that imprecise. I have no skin in this game, but if I had that would surely have removed it.

Withholding tax applies to all shares, whether held in ISA, trading account, or SIPP. No online platform bothers to claim it on your behalf, even though they have the ability to do so, because South Africa it is such a minority sport that it is not worth them changing their computer systems and procedures. If you hold your own certificates (ie a genuine owner rather than a mere beneficial owner) then you can recover it.

Angels, I have tried that and won, and I have also lost out. While it does probably work looking at the closing price and opening price the next day, I have never hit both. Look at history charts and see if your practical typical timings would have done it on the last dividend, ex-div 18/9. If it did cover trading costs ( I think it would), do it next time.

I missed the noon cliff edge as I have only the free limited view of trades, but from what I have seen it is a mass of automatic trades with a rare "real" trade thrown in. Unfortunately, someone is off-loading many lots at £50K and £60K a time. I wish there was a filter to exclude the automatics. They swamp the rest.

The trading report RNS is very good, and promises well for the future. I an very happy I have a stake in this.

Diftking - agree this should be getting back to £60 next year, and adding rather than selling, but I rate this as one of my safer assets !

> Does anyone have any information as to why the banks SP have surged just now?

As we have seen over this week, many investors in "AI" related companies are beginning to see through emperors' clothes. If they sell, they need to put their money somewhere in these days of ramping inflation. I think the trend will continue.

My typical bad timing - I bought some more yesterday and it crashes 6%. Nevertheless I am happy to increase my exposure in a region that I expect to give improving returns.

Averaging down means you admit your mistake in buying when the price was too high, but in spite of that you think you will now be getting even more of a bargain. Otherwise called backing a losing horse.

Out of interest, what percentage do you allocate? I have 25% in banks, but most of that is in HSBC.

@redise I assume you meant < rather than > ? If not, I would be happy to sell you some for 555p.

If you are expecting to buy at 350 I reckon you are in for a long wait.

You have been observing "Rio's accumulation"? I missed that. Where, and what value?

Much more likely is waving SVML goodbye.

I'm long. If inflation is increasing, and spending power reducing, does that mean increasing or decreasing bank share price?

EPS in the trading statement looks appalling, but I retain a large (for me) holding and have confidence for the future. Current coal prices will not last.

I think the AZN of which I had shares is indeed a different company, or maybe the brokers are earning fatter commissions. I say "had" because I have just sold out, after owning part of AZN all my life, it seems. Not only is it not performing, but I am concerned about the 15% USA import tax, and beyond that a diminishing USA potential.

It's a very long drawn-out process. They began the permitting process in 2013, and they are still *issuing notice* to issue DRAFT records, and (just possibly) approval may be given NEXT year. Then, they note, "Only after we receive final approval, and dozens of additional permits, can the Resolution Copper project move forward and begin producing copper." The trouble is, even if "dozens of additional permits" are granted (with the same individual consecutive timescales?) and it all looks rosy, Trump will be gone and the changed regime may disapprove. I won't hold my breath.

Not a dilemma to me, I just keep this share and sell others in my drawdown. While I can claim more "profit", I have had this share in increasing quantities for 11 years. My dilemma is I need to draw a pension, so do I sell shares that are performing well, or do I sell those in the doldrums (like mining) where I will kick myself if I miss their upturn, which will surely come?

I think they abandoned zinc a while ago :)

I think "targets" don't apply here. Brokers' targets are meaningless, and a personal target implies a plan to sell. I have 10% of my assets in TGA and do not intend to sell, as this is a great share to hold. It has given me more profit than any other share, and while future prospects are not as good as they were when AAL misguidedly got rid of them, I expect dividends to continue and the share price to stabilise considerably higher than it is now. £5 is a certainty and £6 not unreasonable.

Brian - it's not just for the rich. I had been saving as much as I could in my career into pension schemes, and when I retired of course took out the maximum 25% tax free. That went into shares, and since then they have been migrated into an ISA at 20K per year. I am what you would call a "normal person".