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l think a good 3-4p rise would only be as a result of a good dividend (and excellent Q2 of course)

then we will see Q2 ..... The price seems to be holding and we dont have a profits warning so its all looking good to me...
and large or small everybody loves a dividend.. Seems to be a snakes and ladders market at the moment hopefully Q2 will give Black beauty a couple of ladders to climb.. GLA and Dont bother with DYOR everything you need to know will be in Q2

Government is Skint after Covid so sales seem desparate measures

Guess the H1 Interim Divi competition?

Marmite............0.00p
Pantherax.........0.57p
Teej...................0.75p
Hardup.............0.8p
Baffled..............0.85p
Falky.................0.95p
Cardinal3.........0.95p
Divichaser.......1p
Seany123........1p
Ollcity..............1.15p
A1....................1.2p
helu.................1.25p
Learningtoinvest 1.35p
Victor Blank....1.5p
bobf.................2.2p

Click reply - copy/paste/add your guess

Only 117 Million Traded were just going with the flow

Nothing to worry about here. Just the usual regular gut wrenching crashes that we get from time to time. For the unseasoned it scares the life out of you but for the long term investor, my friends and I who purchased at sub 30p all is well. We have Q2 on the 29th so may have a good kickback from that . A dividend announcement is like the cavalry coming to the rescue of course it has to be a decent dividend for that to happen

Is there a limit to how many shares a company can have ... I remember being in at 5 Billion and it was about to hit 6 billion and people were saying it was ridiculous.. Now its 13.5 Billion and they are still issuing new shares like confetti.... so at the moment any buyout has to buy 13.5 billion shares in a couple of months it will be 14.... but as they say you pays your money you takes your chance

- THE WORST ENTRY WILL DONATE £10 TO THE CHARITY.
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https://www.justgiving.com/fundraising/Mr-Meerkats-YE2020-competition

67Sam......................44.24p
BaffledbyZIRP..........47.00p
Faulkes……………..45.60p
dividendchaser ......47.10p
tony3446.................47.20p
Learningtoinvest......48.00p
hardup....................48.05p
Happyhead ……….48.70p
chrissw01................50.20p
Falky.........................51.00p

90 Million is chicken feed compared to PPI

1.9p is the upper end of expectations ..I would be well happy with that . What do you think 47p share 3p Divi??? Please do the Maths

We are going through a floating period between 50p high and next results at month end . No need to get involved in conspiricy thoeries or any other speculation... we will get interim dividend announcement and Q2 report... that im afraid is as much as any of us knows for sure anything else is pure speculation

Azzurri...... Special Dividend ???? 80p end of year????
l think you are a little on the optimistic side unless its a 0.5 p dividend plus 0.1p to 0.2p special but even thats highly unlikely
we still dont know how the goverment ruling will be on how we can distribute dividends
80p By the end of the year?? Really????
lets have a look at the July report first then maybe have a better idea on an end of year price prediction

The way l see it is Black Beauty Peaked at 50p as realistically that is as high as its going to get under the current information we have from Lloyds regarding its financial situation. therefore the price will drift unfortunately its drifting more than many of us hoped it would and as others say it could get worse before it gets better. It will only get better and go up against the market if we get good results and 60-70p broker reccomendations and to get those sort of reccomendations we need a very good report indeed . A 1p interim dividend would not be unhelpful

Well ford 707 By your calculations were already at 17p a share lets see if we get that today?

If our Portfolio was that good taking on $16Million of debt by an oil company is chicken feed . So being debt free will make no difference . To get a buyout Companies want an absolute certainty and unfortunately we are not quite there yet.... Not far away but far enough away to make a difference... Are you feeling lucky?

Basically its a sale of the family silver to clear debt. as the latest release says it would have taken up to 2026 to get all the money and it clears our debt. We are now debt free...
But heres the thing as an exploration company we dont have a source of income so were always looking for money for drills, new land etc. Ive seen the number of shares in the company grow from 5 Billion to 13 Billion in a few short years seriously diluting potential shareholder payout in terms of future oil strikes.

Last seasons Drill gave us the best results yet with talk of farmouts ..Now the farm out is a way to get others to do the drilling but to be honest 50 cents a barrel for 88 is a very poor deal

if these results are all they are cracked up to be then there will be companies willing to pay to dig... but 88 has expenses as a running company with no income and wages to pay etc.... so bottom line is Debt Free for one moment in time
Are we going to hit it big? Not a 50 cents a barrel divided by 13 billion shares minus expenses... you do the maths

Wow thats a large range of guesses from 43p to 53p in the space of only one week l will opt for 48.5p as a guess

oh the joys of share ownership ... Even relatively safe shares can get leathered on occasions ... Anybody panic?
its just another day in long term ownership ..next month another dividend declaration and all will be well again

buy in at 38p? its taken long enough to get to 50p there is already plenty of support over 45p unless somthing really bad happens l cant see it going below 45p in the current market in fact 47p seems to have solid support at the moment. on the other hand perhaps a major market correction could bring the price below 45p .. who knows what can happen in this new masked world when previously it was the domain of Dick Turpin

Lloyds have gone down for a few days now in a rising market ... it stands to reason that after a while it is clear that the stock has been oversold and in my opinion it has been leathered in the last few days perhaps more than it should have been.
im not surprised in principle at a rebound but as in real life you never know what will happen or when . so l was as pleasantly surprised as any of you this morning. Long may it continue