The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Another £9Ks worth @ 93.099 this morning after hovering over buy button for a few days.
Portfolio seriously biased towards DEC now so fingers crossed.
ESG investing seems to have taken a hit - Shell committing to keeping Gas and Oil production high as its v profitable and their green projects are much less so.
My 3 green AIM investments are all over 50% down - though I'm hoping at least one will succeed.
Can only guess on dividend as there’s been nothing formal but no income, loads of money owing to us and continued maintenance costs on the paused wells and kit doesn’t look like a recipe for continued payment to me.
Guess the BoD are keeping quiet hopping for good news on payments / pipeline. If they announce a dividend cut the shares are going to be worthless.
Oldtramp - looks like the market liked it as well. Bigger impact on SP than results.
Given the choice between successful Turkish business BoD members and Genel’s historically ineffective English BoD members I’ll take the former every day.
They have far more chance of getting things done in the region (don’t really mind how they do it (bribes, prostitutes, champagne dinners, threats) as long as it gets done).
Plus they now have some serious skin in the game so far more self interest at stake.
Would anyone really prefer a return to Goldsmith et al ???
Don’t tell Wilco. He gets very emotional if anyone takes his rose tinted glasses off him.
Black rock, Not at all hard to believe. We also pay vastly different taxes taking money out depending whether it’s a SIPP an ISA a share account and how much other income you have
Tax system is well overdue a simplification but WHT would be the least of my concerns.
C909 is just asking them to do what they promised - hardly spouting c@@p.
As for VH, only time will tell.
Being in denial of alternative views hardly a sound investment strategy.
I want EQT to do well but recognise it ain’t yet and may never. AIM is an informed gamble and we’ve been repeatedly misinformed here!
The discussion on WHT has been going on here for years. Some brokers good with WHT (HL and others) some not so good. You seem to get e we just you pay for.
Pretty sure last time BSI came up they have in their small print that foreign dividends are paid after full WHT as it’s not worth their while to reclaim. So amounts have not been “deducted incorrectly”you just need to change brokers.
2.7p buys and a 2.3p sell this morning - that’s a bit of a spread!
Something happening?
What’s a genuine holder?
I hold genuine shares in EQT but have genuine concerns over EQT’s financial management, their ability to plan and close out projects and their ability to raise more funds on decent terms.
Guess as I’m not in possession of rose tinted glasses I can’t be a genuine holder.
Good look to all holders, pessimistic, optimistic or just realistic.
Andy, slightly off topic but you’re slightly wrong on the Fed. Although there are 12 Reserve Banks, each operating in a particular geographical area and separately incorporated, the only reason they hold “stock” in the Fed is to comply with legislation. The 12 Reserve banks are not operated for profit and are required to transfer earnings to the treasury after deductions for operating expenses, legally required dividends and maintaining a balance. No Div from the Fed.
As for banks looking after themselves, what’s new?
In addition, public construction (HS2, hospitals, schools, social housing etc) likely to benefit equally from both Tory and Labour funding promises. The battle for votes will all be about spending more than we can sensibly afford.
£10Mn loan arrangement was Mar 22 - a real (but expensive loan).
£2Mn was Dec 23 - an expensive fudge with Altair involving warrants, Share options, arrangement fees and interest in advance.
See, I can read RNSs as well. So nope, it’s you wrong (or blindingly optimistic over funding again).
Hence at least 2 additional placing sun the last 12 months - hardly the sign of a finically healthy company. They’re lurching from finance crisis to finance crisis.
5th May RNS was financial highlights for previous 12 months. They had a 10Mn loan, used half of it (plus a large charge to access and some hefty interest) and were later unable to access remaining half (seemingly because they hadn’t started repayments and SP had tanked).
2phevs, your opinion (definitely not fact) on EQT’s finances continue to be wrong. They do not have a £12m credit facility!
They had a £10m loan option, borrowed half of that and seemingly were then refused access to the remaining half - hence the latest raise.
They have what they raised, less what they have spent recently, nil access to anything else and are having to repay a £5m loan at some point.
Opinions are great, false and misleading claims masquerading as facts not so good.
Placing currently cheaper than buying on the open market and nil dealing costs.
Time to stick or twist!