The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Ive added with a slice from elsewhere, as long as the ~10% dividend continues it makes a great savings account
Added with a slice from elsewhere so lets hope 500s are on!
I dont understand the silence, it does not make much sense to me. Surely the BOD want the share price to be increasing, they have announced what was happening in an RNS so why are they not promoting what we expect to be coming, more has been made of chrome in fact than copper. It worries me and does seem a bit like the old jlp play book. I still have half in so hope I am wrong, but have a bad feeling. Also at the moment other stocks are flying so much so I've added elsewhere with a slice from here. Even Lloyds is winning for once!
I guess some divi reinvestment has bouyed the price. Narrow range, strong dividends and upside to share price still make this a keeper
585 would be nice. I was going to bank my gains, but decided this is still too good an investment with a dividend on top. Just need some buy out interest!
The suggestion of it being classified doesn't make sense to me, the ramp up and timing is already announced in an RNS, thus why not shout it from the roof top to increase interest. I'd also expect that if they are to be ramped up by end of the month, production is starting now. What concerns me a bit is what is not RNS'd if they are keeping stum ie.a problem or another delay. I hope not and hope Dru may get a reply clarifying. Maybe they are planning a special feature?
Mikie, more funding puts me off the share completely. Year after year jlp have watered down investors whom as a result have lost money or seen little return. I expect as a shareholder some reward else what's the point. I really do hope to see a period of consolidation and share holder reward first.
Wow, what a run OSB are on! Back up to post results level today. Over 20% return in a month or so + a dividend payout to come. With a fair value estimate of 520 plus, hopefully still a way to go
The point I am making is that JLPs delays mean it is missing out on record prices. Sorry but the small amounts sporadically produced to date dont float my boat. I have just wateched the cocoa price spike burst and copper looks bubble like too. JLP need to be up and running to benefit, this is my frustration. Current price peaks mean very little until they do.
Shuvlin I don't agree shares in issue is immaterial. Shares in issue X share price = market cap. Every time more shares are issued: 1. Our share holding is reduced and 2. A return to 20p is harder as market cap has to be higher ie the company bigger, more profitable than previously to meet that sp. For me, the share giveaways, particularly the number and frequency of warrants, really irritates. 120p could be possible actually if there was a share consolidation, but obvs we would not necessarily be much better off!
I now just report got reals abusive posts rather than respond. I encourage others to do the same in the hope the profile may eventually be banned. The discussion here over recent days has been quite good, a bit too optimistic for me but good nevertheless. I have some skin back in. the game, but remain very cautious. I think the question of the 10m million raised and what is happening with it is a good one. Hopefully we get an update on this soon.