Member Info for Gavster-NBC

IMO This current drop is a buying opportunity, but the debt level will need to be kept in check and if too large, offset by regular dividends that show decent yield when comparing to other FTSE companies.

Looking at the weekly chart in IG Index, my modest charting ability shows weekly and daily MACD could take this lower with support levels 1406, 1360, 1330, 1300 with the strongest at 1200.

https://www.thisismoney.co.uk/money/markets/article-9256953/SSE-15bn-plan-global-windfarms-giant.html

"Renewable energy giant SSE has launched a plan to become Britain's first global windfarm business as it invests up to £15billion over the next decade. ..

The firm plans to treble its renewable energy output by 2030 by investing about £1.5billion each year, allowing it to compete with global windfarm businesses including Denmark's Orsted and Germany's RWE.

SSE is also developing carbon capture and storage projects along the east coast of England and Scotland to help decarbonise other industries and move Britain towards a hydrogen economy.

Phillips-Davies said he would be keen to partner with BP and Shell on renewable projects as they transition towards greener energy. "

Good to see a rise towards results on the 25th.
https://www.evraz.com/en/investors/events/fy2020-financial-results-and-annual-report/

See how much these new high prices have had an effect on such a turbulent 2020. The BOD are always dividend hungry.

https://tradingeconomics.com/commodity/steel

https://www.lme.com/Metals/Ferrous/HRC-N-America#tabIndex=2
https://www.lme.com/Metals/Ferrous/HRC-FOB-China#tabIndex=2

Yes people out there value bitcoin, something without any real value, or buy shares in firms with a PE in the thousands, over commodities that are actually used in real life or earning companies that pay real dividends.

Thought this was funny.

https://www.bbc.co.uk/news/business-56020950

Buying shares in the wrong company is on the rise according to two leading stock market academics.

The recent Reddit-inspired trading frenzy around GameStop highlighted the mistakes traders can make.

For example, GameStop is listed as GME on the New York Stock Exchange, but there is also an Australian mining stock (GME) that saw a spike in trades.

In January, when Elon Musk tweeted about using a rival messaging app to Whatsapp called Signal, the shares of the unrelated stock Signal Advance went up 1500%.

There was similar confusion over Clubhouse, an invite-only audio chat app, which is also a private company. After Mr Musk tweeted about using Clubhouse, the shares of unrelated media stock Clubhouse Media Group soared 100%.

Last year some investors even mixed up Tesla (TSLA), the electric carmaker run by Mr Musk, with Tiziana Life Sciences (TLSA). Both are listed on the US technology-heavy stock exchange Nasdaq.

Thanks for posting ragnarlothbrok. That's a good interview. Focusing on dividend will certainly drive the share price. The new project does sounds fantastic since they announced it and ambitious to avoid debt, but personally I would not particularly mind extra as we've seen the success in value that Elikhulu has made.
I wonder how many other tailings projects might surface copying Pan African.
Also. I don't quite see the reasoning why "Egoli would also be ring-fenced. " Anyone ?
40% of 2p EPS...
Chance of an 0.8p dividend ....

Thanks Happy
Just wondered, before I start sifting through the RNS's and scribbling on my notepad..
Have you done a post on here with a reasoned estimate of the first quarter earnings, assuming that Brent will have averaged $58 for example, assuming the same costs per barrel ?

Hi all.

Less than 1430. Is this share price level justified ? I can't see anything news wise that particularly points to SSE being marked down.
Anyone ?

US Stimulus is priced in already. With the democrat majority, it's vote was never in doubt.
I do agree however, that when the short positions close this will fly in the coming weeks/months and IMO there is no way to predict what exactly will spark it or when. I'm in the camp to buy now, whilst the price is low, the traders will probably buy once the turn shows itself.

2021 Interim Results Presentation

Tuesday, 16 February 2021
11:00 (SA time) ¦ 09:00 (UK time)
The presentation will be available for download on our website at the start time above.

Registration link.

https://registrations.corpcam.com/panafricanresources/registration?e=&pname=PAR16022021

Like others, it's the tax situation I'm not happy with in my trading account but for my ISA and SIPP holdings I'll be re-investing the divs.
I recently increased my holdings into my ISA and SIPP which are long term, and top sliced my trading account holdings today and invested elsewhere, for a better overall return I hope elsewhere, even if the SP runs up more to ex-div, IMO 260.

Dividend of 23p/share declared for Q4 2020; 80p/share for FY 2020. Expected dividend of 80p/share for FY 2021

Reinvest and wait it out.
GSK is still recovery share for growth and a great income investment.

Brent Oil price is currently £42.55.
Hold, accumulate, reinvest the divs and wait. Let the hedgefunds, IIs, algorithms and traders thrash it out.
Ask yourselves. Will the dividend go up again with this kind of oil price ?
Very likely but BP will certainly pay off some debts and replenish themselves if the oil price stays above £42.
Will company's share price remain between 240p and 300p if the dividend returns to a level around 32p per annum ?
No, the share price will be much higher. With dividends returning to 32p pa. Even an SP representing a yield of 8% will be 400p, 6% will be 533p.

Oil price in GBP. Check for yourself
https://www.exchangerates.org.uk/commodities/BRT-GBP-history.html

Very good news.
The previous share price was around 4p (today's 40p equivalent after 10-1 split) before this stopped blasting in Oct 2019, which lead to to tougher times, stock issues and the ant-gal brigade posting on here and dancing around celebrating the loss of jobs.
The Market Cap. was I think around 14m to 21m before, so a return to mining activity and production could see a similar market value and SPs of 30p to 45p providing a base to springboard the company back to it's mining plan hugely interrupted at its beginning by this.

A good tech analysis, and goes in tandem with sentiment, results and many more months of a CV19 recovery followed by an economic downturn for a few years.
Bound to be a lot of short selling here and it would take the entire reddit brigade to focus everything to cause a squeeze.
No matter, the fundamentals look good to tandem the CV19 recovery, oil price remains good so an uptrend through 2022.
This will not spring back up to 500p yet, more like a slow build.
IMO batten down, reinvest the divs and for me, I'm happy to buy under 300p as my average would then be improved as a mid to long term investment/

A good tech analysis, and goes in tandem with sentiment, results and many more months of a CV19 recovery followed by an economic downturn for a few years.
Bound to be a lot of short selling here and it would take the entire reddit brigade to focus everything to cause a squeeze.
No matter, the fundamentals look good to tandem the CV19 recovery, oil price remains good so an uptrend through 2022.
This will not spring back up to 500p yet, more like a slow build.
IMO batten down, reinvest the divs and for me, I'm happy to buy under 300p as my average would then be improved as a mid to long term investment/

Good short interview with Mr Schiff about the Reddit Wallstreetbets silver move, short squeezing and the current market.

Could the reddit short squeezers move over to gold ? Or will their followers run out of steam (and cash).

https://www.youtube.com/watch?v=2qv2Pb8hZsg

At some point, the money they are bringing in for spending on the mine development must at some point show some progress.

That's why re-investing the special dividend is a good investment plan for Tesco IMO.

Hi jaffjoon. A reason it is defined as a capital return could be this,
https://www.independent.co.uk/news/business/news/tesco-crisis-uk-managing-director-among-four-executives-suspended-after-exposure-accounting-scandal-9749694.html
Still in the minds of all at Tesco and HMRC. A dividend that raises some taxes could be more prudent than a capital return. Tescos becomes more attractive to the large institutional investors, and us retailers could benefit from the long term good sentiment.

Steady progress, but all in Steel prices have risen 60/70 % in the last 6 months along with Iron Ore and Coal, so as always, a rollercoaster ride awaits the SP but surely it's looking good for 2021.

Headline chosen
EVRAZ consolidated crude steel output rose by 7.4% in Q4
https://www.***************************/evraz-consolidated-crude-steel-output-rose-by-7.4-in-q4/412956954

"Evraz's steel production rose 7.4% in the fourth quarter as its Russian plant increased activity after repairs and volumes improved in North America. Total steel production rose to 3.467m tonnes in the three months to the end of December from 3.227m tonnes in the third quarter. Sales of steel products rose 12% to 3.41m tonnes from the quarter before as sales of semi-finished products jumped 30.4%."
https://www.sharecast.com/news/broker-recommendations/jp-morgan-ups-evraz-to-overweight-after-steel-surge--7790406.html

I believe there is some confusion in the discussion between Market Capitalisation and Net Asset value.
There is a good argument that these trend towards each other, but not always, and not if the company is paying dividends, where the value of the company is more indicated by yield and the P/E ratio.

Tesco SP would be beyond 250 were it not for the market being hammered. FTSE down 200 last two days.
IMO