The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Thanks for posting Troajan
Have undertaken more research than ever on GLEN, came across an investment guru who predicted they would be top of the Mining League Table for this year + dividend due to be over 4% + other good news.
So topped up this afternoon when it fell, admit I didn’t catch the bottom but am very confident this will break £4 and stay there = my top holding
Also read on this board that some expect investors to switch their funds to GLEN because other Mining stocks have less appeal/worse forecasts = pure speculation but also encouraging
All of which feels good
Will keep digging and topping up on the dips…
GLA and DYOR
You make a lot of sense. I may have bought in at the wrong time so have cut losses and sold out. Was impressed with today’s RNS and SP rose. But as you point out the predicament for the country seems to be overpowering the SP. Knowing me I sold at the wrong time too and this could easily recover back up to 240+, but will now look for another mining stock to reinvest
GLEN / ATYM really appeal
GLA to those who stay here
Thanks Riskingit, makes sense. Just taken another look at their top 10, not seeing a weakness here
Thanks for posting these 3, love the shares within. However, the charges for first 2 are over 1%, so only the last one, which really appeals at a fee of 0.38%, actually pays c4%? Or am I missing something?
3 reasons for the jump up IMHO:
1) Predicted to break 500 This year
2) following OPEC (outcome of which was a big worry to some) Oil price has continued to stay high = just as predicted by the same people who called the 500+
3) despite being very contagious, Omicron proven to be low risk and hospitalisations have not spiked as feared by so many = hence lockdown extremely unlikely = again, called by the same people who predicted the 500+
For me, this will be as volatile as ever this year, not because of the oil price, which I believe will remain constant as well as rise further ($82 today but predicted to be $100), but with so many investors having averages of anything between £2 and £3.25 ish of substantial amounts = it will be very very tempting, almost impossible to resist cashing out whilst the going is good and taking profits, which of course will push the SP down again….
You may wish to take a look at the last 5 year swings = it doesn’t get this good very often
Obviously there will be dips due to profit taking + upon ex dividend and more than likely yet another Covid strain, which will be stamped upon by our wonderful scientists but not before the panic button is hit again and the markets drop
As always, DYOR, GLA and next time you fill up your vehicle at a BP, smile at the cashier because he is doing us all a huge favour!
Take care everyone
Hi everyone,
You may wish to listen to the VOX Markets interview with Vic - CEO available today on You Tube.
As before, very impressive Vic speaks with confidence, realism and a very clear strategy. Many points stand out, in particular when he said they have more orders than they can cope with. As a result, they are only dealing with the blue chip companies. Paul Hill observes - it’s pretty good when these sort of companies are signing contracts.
Please have a listen and let me know your thoughts.
Once again, it is simply excellent and have added more today
Take care and GLA
Hi, yes it seems it’s still just a couple of people on this board until the world wakes up to this amazing company. Can’t complain about the publicity from Cannacord but must admit am surprised at their revised target only being 25p above current price!
Just doesn’t make sense to me, especially they are really beefing it up in their note.
Been watching this carefully, SP often goes up by 4 or 5p daily only to return to same price at EOD = has been flatlining for a long time.
Genuinely believe this will smash brokers target out of sight in time and am prepared to wait
Am sure the next RNS will have the right reaction. Making another cup of tea, plus toast and marmalade, been doing that a lot lately, but see my investment only going up. Previous RNS were on 27/9 and 11/11, so we are overdue one IMO this month
Here’s hoping
GLA and let the crowd gather to make this a busier board
Agreed. It will only take a one word reference to the dividend returning and this will take off
Happy new year everyone, well actually it seems to be just the 3 or 4 of us who are prepared to write a post on here. Others have moved to different waters…
Still bemused as to why this stock is like a dead fish, but have put my money where my mouth is and am predicting a stonking 2022.
Leaving all the fishing stuff aside, have you seen the substantial Director buys end of November?!
Something is brewing here and I hope I have landed the big one. Listened to the very positive presentations again. Current price looks to be the bottom over the last year too
All feedback welcome, especially with appropriate puns
GLA DYOR
I felt the same and have been digging around (please forgive the pun) for answer. This is second on the list of shorted shares! With my very limited knowledge and experience, this tells me that whenever the naughty people stop shorting, this will rocket!
Trust you are aware that the company are committed to paying holders a chunky dividend, are producing Platinum, for which there is a shortage and tbh, I can’t see a lot wrong
So, appreciate that this is a guess on my part and if I am right, I have absolutely no idea when SP will re-rate, but all I can suggest is that we watch like a hawk and when it starts to move, jump in with both feet!
Your thoughts and others are welcome
I would go further. For me, Guaranteed at some point in 2022 it reaches £3.74. As always DYOR
People are reading Twitter see below
28p spike 44p
Hi, and a merry Christmas to you too. Quite happy that this is so far under the radar, just loved the honesty of the last RNS, CEO seems very much in control, unlike so many others I have witnessed this year, who at times have done irreparable damage to their companies = no such danger of that here. I did get into S4 too but was guilty of selling out too early, won’t be making that mistake for SED
Don’t know about £12 but for sure, we are not going to see under £10 again. Very few shares went up today, especially In the FTSE100. Last week, it dropped to 10.25 then bounced up fast. Even covid doesn’t seem to impact it
Many thanks everyone, let’s hope for a rise. With their good health I am confident there will be
Hi everyone, stumbled across an article back in August which endorsed GLENs strategy, predicting Coal would be in huge demand for a long time to come. Bought in and am confident SP will jump from here. However, have researched but am struggling to find when next dividend is likely to be announced and would be grateful for people’s views on this and as to how much it will be increased. Personally, with the profits in the bag and Coal news now, surely it will be greater?
Views please
Thankyou
Please see my post back on 5 May. Surprised this board is so quiet. Didn’t expect or want to wait this long for this to take off, but in view of the shoal of Director Buys in November, impressive RNS today and so much potential in what is a very bespoke market, hopefully it will now. Bought more today and with projections of 84p (which I think is conservative) and since this stayed in the 60’s, seeing little downside. What do I know about fishing? Practically nothing. But everything I read about BMK appeals. All we are missing now is a dividend, I will be happy with getting around £1 As usual DYOR GLA
Agreed. This is a no brainier. Please see my post last week when I never expected such fabulous news. Their presentation was solid, confirmed growth and that contracts have been renewed = yes, plenty of income to go to the bottom line. FIFA are rather large…..can only assume that SP won’t jump until we do see actual figures in black and white. So, be patient, I topped up today too. Just cannot see downside here especially as they confirmed last week that they are well ahead of competition. GLA
Agreed. BIRD picked up yet another award today, environmental. Not shown on this site but on HGL. Stocks always dive up and down upon a placing, so not bothered. Please see my previous notes for anyone interested. Just not seeing a weakness here.