focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I like to try and get a scope for sentiment and see what light others can shed before I make investment decisions.
But instead we have these two idiots just arguing amongst themselves over the internet. Get a life. TheMoneyShark you just sound ridiculous. Can't string a post together without swearing or personally insulting someone.. grow up!
It's a big old world out there... Why waste your time farting around on a message board on a Sunday afternoon?
If Schroders have started selling down their 19% on the 4th August then this could be a slow painful decline.
Hopefully their sale of 0.2% on the 4th was a one off for whatever reason, otherwise this may be death by a thousand cuts.
For me once you've taken the emotion away (and there's a lot of that here at the moment!)..
22p is back around the shares all time low, lower than during COVID.
22p for a share that has an very low level of debt and significant revenues looks too cheap to me.
Given the risk/reward balance here, I would like that 30p is far more likely than 15p in the reading term, therefore this share is a screaming buy at this level.
IF the company can get the cost saving measures right, the cyber security issue will be a non event in 3 months, and you're likely to be looking at a powerhouse once more.
The new CEO will be taken as a positive by the market.
Ex divi date is 10th August.
"The directors are recommending an interim dividend in respect of the period ended 30 June 2023 of 5.0p per share (H1'22: 5.0p) which will amount to an estimated dividend of £12.7m (H1'22: £12.7m). The dividend will be paid on 21 September 2023 to shareholders who were on the register of members at 11 August 2023 with an ex-dividend date of 10 August 2023."
Buy now at 120 and get an over 4% return from the dividend - not bad.
I suspect the SP will be closer to 170p by the time 10th August comes around
Yesterdays SP 21p with mcap of £13m, around 60m shares in issue
Placing of £5m at 3p means £150m new shares issued
What the F.
So existing shareholders diluted to the tune of nearly 1:4
What on EARTH does the SP do from here!?
Today will be an absolute massacre, I feel awful for existing shareholders.
That might THE worst placing I've ever seen.
Would think we probably see 5p today?