Member Info for Krustysmegma

Up more than 30% since you said "Run- it’s liquidating all assets" stevescott1001, any more words of wisdom to share with us?

What a difference a day makes, eh adv11? Mr Bassi finally follows up on his promise to buy back cheap shares here, and the £ is recovering strongly as everyone bets US interest rates won't need to rise much further! A couple more days like this & I might be able to heat my baked beans and make toast instead of eating them cold from the tin lol. Hope you're keeping well, my SAR & TGA investments have gone south this week but I'm hanging in there...

I can't be bothered to trawl through all the guff posted on this board these days so apols if this has already been discussed. I recall there were issues around the Maximum Tolerated Dose (or the lack of one) during development, was this ever resolved or could it be connected to the non-approval?

shepdave, for info daily volumes are shown by the blue bars in the sp chart further up this page. It shows current volume at levels not seen since August, confirming your thoughts.

Thanks for your comments sain, always helps to see another viewpoint and one that's based on more in-depth knowledge of this Trust than I have. Small recovery into the close this afternoon, perhaps today's sp fall was the final collapse before a rally? Maybe wishful thinking but, as saintly says, at least we're still collecting a decent dividend. GLA.

Sorry for your loss saintly, I'm suffering here too. Taking the dividend into account, if you've been in RLE for a number of years as you say, you will have made, well, absolutely nothing. Down another 7% this morning, the market seems to have decided this is the dog REIT for some reason which I am unable to fathom. I'm still of the view that shareholders would be better off if the Board accepted defeat, sold all the properties and distributed the proceeds. In the mean time, the value of our investments continues to fall, almost on a daily basis, despite the company reporting reasonable performance. Go figure as the Americans say.

So between now and March, when the final dividend is announced, no-one knows what the yield will be. Whenever there is uncertainty, the price drops.

It's always been this way Sneckie, and probably always will be. You won't see directors buying because they've already got millions of shares, in fact pre-Christmas for the past couple of years we've seen directors selling a few to liven up the festivities, so you'd better gird your loins in case they do the same this year! Nothing to worry about in my view, just SAR B.A.U.

...apparently not.

The thing is hics, all that information is already in the public domaine and therefore factored into share prices. It's what happens from here that matters now. It may well be that the news gets worse, the war stretches on, inflation grows, interest rates rise etc. etc. but it might equally go the other way. There's an awful lot of bad news factored into housebuilder shares right now, but they're mainly in very good financial health, unlike in 2008 when they were mired in debt. And they survived that crisis. So, the contrarian view is to buy now, before any good news emerges. Buying low and selling high is, after all, the name of the game here, and what we're all trying to achieve.

Many landlords are transferring their properties into limited companies, which is apparently a more profitable way to operate now the landlord allowances are mostly gone. So plenty of scope still for rental properties, and no imminent danger of them flooding the market.

"So they do not depend on foreign workers as other big builders do."
Garbage. Every major PLC in this country relies on workers from overseas for their survival, just as the UK economy relies on their tax & NI contributions to pay pensioners and maintain public services. Of course, if people decide to leave this country and make those contributions elsewhere, our public services will suffer. Ring any bells?

Yep

On my (very basic) rating system, 10 or above is bold green which is a buy signal. There are currently 6 scores of 10 or above, of which the second-highest rated stock is currently REDD on 13.08. Thungela scores 313.55. It's just off the scale! Still high risk, of course, but the potential rewards are incredible.

diamond, a small amount of research would have given you the answer:
https://www.peabodyenergy.com/Home/Company-News-1128
If you don't think the results of another pure coal play are relevant to the Thungela share chat site you are wasting your time here.

More bottoms than a Carry On film. Will it ever turn positive??

Indeed, makes very good reading. Solid performer, great dividend, will look to add here when possible.

I take your point Mike, but to be fair the SP has also dropped by c. 15% since the end of September. So, as you would expect, it's mirroring the index quite closely. It's now a case of waiting to find out if the rates negotiated by TMI will outperform the index or not. Certainly one to keep an eye on going forward, thanks for highlighting it.

Which broker are you using vick? They really should be able to sort this all out so it's seamless for you (i.e. you should be receiving your dividends in £ if you've opted to do so). I'm aware that not all brokers work in the same way though.

Good for you sam, glad the vet's bill has been sorted out. It sounds like the Grindrod management also believe the fit with TMI is the best option for them and their shareholders, and certainly looks like a win/win from where I'm standing. Odd that the market hasn't come to the same conclusion but it does offer an opportunity to pick these up at what appears to be a very attractive price. I'm hoping one or two dividend payments will land in my broker a/c before close of play today so I can grab a few more before they go XD in the morning. So many great-looking buys around though just now, it's hard to know where to invest!! I particularly like the look of AIRE, currently trading c. 30% below NAV and paying over 7% dividend, XD there on 10th Nov so will be a fallback if the divi's don't come through later. Decisions, decisions...