Member Info for HotChip

GGG - free speech on this board. If you don't want to hear about investors asking questions or commenting on 10 month dividends, just ignore it. The more you tell investors (including me) to stop, we shall continue. Anyway, you are not on the BOD as far as I can tell, so you cannot verify 10 or 12 months - you are guessing too imo. And in the same way that you write extremely long statements regurgitating the same old comments about increasing the divis, bad comms / PR and MS being rubbish (he may well be), I choose to pick through what I find useful, ignore what I don't need and leave it at that.

Please try to get in the festive spirit and don't be a miser.

DYOR

I'm not sure it is late in all fairness - your comparison is just against last year. I would be expecting this update in the middle of January, including an assumption that the monthly dividend will continue - the usual ex-div cut-off etc will I think mean imo that we'll see a re-start in Feb/Mar like this year....

DYOR

I hope you are not giving investment advice ken10.

DYOR

There's alot of angry posts in this thread. Best to focus on what you can control, rather than what you cannot. There's really no need to get wound up over differing views, SP performance, lack of news etc... foaming at the mouth on here ain't going to change things.

DYOR

Thanks for sharing, very informative. I personally think they should delist from the LSE & just have the ITX listing, given that majority of assets are in Canada. Not sure I understand the significance of having a UK listing now.

DYOR

I can see a recession & China reopening taking oil back to US$50 - US$60 a barrel. Yes, an increase in dividend will always mean more money in my pocket each month. However, the decline in the SP which is inevitable imo as a result of a drop in oil price back to 'normal' levels, will mean my overall investment will be worth less than it was before which is not good news. I am in favour of maintaining the divi at present levels - no increase - with a view to revisiting in six months time to review prices, market & overall business performance against targets.

DYOR

I agree CaneToad - present / short / medium-term market conditions will mean SP remains at current levels and I see nothing to change this. So, for those anticipating or suggesting buybacks or increased dividend - that's already well, but don't expect to see anything materially different as a result of this.

DYOR

"You would have to be pretty argumenatative and stuborn to think otherwise." - you can't spell Tony.

Also, I believe your responses to genuine / interested contributors here is exactly that - argumentative & stubborn. The board would benefit more if you were a little bit kinder and more forgiving of comments / questions from others.

The same can also be said for Eric and Warren who alot of people seem to hang on to their every word. I can't see it myself.

DYOR

"Oil, gas and iron ore face ‘massive challenges’ in new year – Citigroup"

"Citing an “abundance” of macroeconomic uncertainties, Citi outlined factors including growth, inflation and the US dollar, alongside lower investment and trade flows that will likely see a shift in demand for commodities in 2023.

"In light of European recession, China’s emergence from lockdown and forecast negative growth in the US, the analysts said they were “short-term neutral to bullish” on oil, EU carbon credits, uranium, gold, silver, palladium and iron ore, “but by year-end and beyond” they were bearish for oil, natural gas and iron ore.

Gold was a more exciting prospect, with Citi suggesting it would be “even more bullish” in its view of the metal into the new year.

Also highlighting the energy transition to net-zero and the conclusion of the war in Ukraine, the commodity research team saw longer-term unpredictability for commodities.

Hopeful of China’s post-Covid recovery, Citi said it was bearish towards industrial metals in the short-term, but would likely be bullish in the long-term."

Gold it is then for me :)

DYOR

A dummy sell is not a sell, so it doesn't mean anything.

I thought so Stas20. Beginning to think there was something wrong with my eyes!

I can't see from Level 2 that this has dipped below the crucial 20p level yet. Where are you getting this info from?

A strange pivot from financial media / technology to Energy. I thought the former was ZM's area of expertise, so I am a little perturbed as to why energy? I am sure he has his reasons, but they remain unclear to me and with the change in board positions, it would seem to me that this is a complete change in direction and not sure this sits well with me.

DYOR

I agree with your view CaneToad.

No point in pondering and analysing any small amount of data there is out there that may or may not be the reason for the drop - unless you have a massive amount of time on your hand, which can often be seen by the incessantly long comments I often see here which seem to repeat themselves somewhat. It is what it is.

DYOR

You're adding zero to this thread Tony by starting the insults. There was nothing wrong with the comments before you came along. And when you did, it was a bit unnecessary in what you said. There is no need to belittle or insult your fellow investors, intentional or otherwise. We are all in it to make some money here, so its best to leave it at that.

Although there is no reason not to do 12 payments - one per month - which is what I would be expecting.

Walkforever - That was my understanding too.

Very brief technical analysis from ZM at 10:25 - not very exciting but at least keeps i3E on everyone's radar. Just type in vox markets where the asterisks are below:

https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-weekend-bulletin-board-heroes-december-3-744894c

DYOR

vox markets - sorry