Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well the results are out. Made much better reading than I thought following the constant Drop of the share price. Good to see FUM management continuing to rise and hopefully now the overseas and law society options can attract the investment levels expected. I had a quick read through but will try and digest it all later.
Been very quiet on here lately. Just looking through the RNS reports and last year the interim results were published 8th November. I’m assuming these are due any time? Some positive news would be very welcome...
So I keep seeing lots of sells on here. I have topped up a little with my divi and a bit of extra cash, yet it shows as a sell! Again... Why is this? The last 3 buys have been reported on here as sells. Gives such a bad impression.
So quilters appear to have purchased lighthouse... I assume they will be wanting to use their own funds and the opportunity for lighthouse to push the Tavi range lost? Not a deal of noise about this... So effectively now, quilters own a stake in Tavi?
Could do with some news regarding the above, the istock, dividends and a general update would be useful... hope the recent market uplift is reflected in the FUM, following the last update.
Yet no announcement, again.....
And shock horror! My buy is reported as a sell on here at 2.84. I assume all of these trades above 2.8 are actually buys. P1ss poor to get this wrong so often and give the impression of a sea of red. Who does this need reporting too?
Amazed at this reaction. The price has slipped lower than before the excellent deals mentioned in the report... I don’t think it’s massively surprising the FUM isn’t on track after the markets slipping in quarter 4 of last year. Long term this looks excellent and will add today to average down. I take this as great news personally! Was offered 3.45 to buy yesterday...
Quite correct Glendor. Appears to to be 1.3 Bn dollars, 1.1€ or £1bn. Got carried away! Haha. Either way a good connect for the offshore sector though especially with the Morgan Stanley link.
Did you see my last post? Looks a very positive but of news, although I would have thought Tavi would release a RNS news release? Not sure why you wouldn’t... either way, it appears this 90% protected portfolio has aroused the market, with demand globally. Fingers crossed
hTTps://international-adviser.com/tavistocks-90-portfolio-protection-lands-feifa-partnership/
Article says 1.3 FUM. If that’s correct a huge step from the last report on here... interesting stuff
Other than funds under management increasing every quarter, all areas now profitable and launching of protected funds fund with Morgan Stanley and the announcement that a dividend stream is to follow. Rising star fund and lighthouse both bought in. Other then that nope nothing mate..
What are we all predicting for a divi then? Any ideas here? Just topping up my holdings to maximise any potential income... I’m surprised there hasn’t been more take up. Maybe this is still under the radar? GL all
I was thinking last night, the previous newe releass gave a lift for a week or two, then people who bought at 2.8 and 3p sold for the capital gain. I think the more recent investors are looking at income and potential dividend stream so hopefully the mementum may continue this time without the early profit taking. This plus the addition of helium rising stars fund makes me believe a few of the institutional investors are taking note. Hopefully onwards and upwards
Has the divi been confirmed or is this due today at the meeting? Saw posts stating 49p but unsure if that was predicted or fact. Cheers
Much better than I expected to be honest with the downturn in market. FUM increases for 16 quarters... excellent. Promise of dividends at the end of year. But..... a very muted response from the market... I know aim is a tough market but this now is looking so positive. I’ll just top up whilst low and wait for the divi to come.
As long as the predicted dividend if produced it’s a very cheap stock. Even without capital growth as such it’s still producing a good yield. Maybe pressure to sustain this level of divi in the future? Time will tell but happy to hold. I still think this is undervalued as recent drops was market/industry driven and not specifically Gali. GL all.
I bought previously here at just over 9p and now averaged down with the drop in price so bought another holding here to average my cost to 8.70. With the dividend it gives a good yield and the chance of capital growth also. Compared to its peers the recent drop is more generic/building sector than Galli themselves. Positive for an increase in the next few months.
Good luck all.
I was hoping for some news regarding dividends, hopefully anytime now. Would be great to see the 6 months trading update continuing with increased FUM and profits. In the meantime, Helium Rising Stars fund have quietly increased their holdings to 5%.
Giving us chance to top up before the dividends are announced..... hopefully.....
Absolutely. Investors coming to the market now have the opportunity for both income and capital growth in my opinion. I’ve been topping up to try and average my initial holdings down where possible and just hope no further dilutions are ahead as that’s the only thing that may reduce the price IMO. Lots of positive news regarding FUM and profits yet it remains low, I’m amazed this hasn’t pushed on yet. I suppose the dividend anoucement if and when it appears will bring a few income bearing investors along.