Member Info for lordloadsoflolly

Ex dividend tomorrow, so anyone buying from now misses 23 June's 10p payout.

Lambo222 - A bet would risk taking the money off you, when you clearly need it more than me to fund all your top ups. You must be a majority shareholder by now? When have you pencilled in the hostile takeover?

Dontshootme - interesting re: ASML. Main problem with SMT publishing Top 10 % holdings is that they fluctuate dramatically in line with individual share price movements. SMT does publish shareholding volumes (I believe quarterly), but to my knowledge they don't display historical figures. So if anyone has downloaded past valuation summaries, perhaps they could share links to them? The most recent one is available to view here: hTTps://www.scottishmortgage.com/en/uk/individual-investors/holdings

"Chaired by George Osborne". Oh dear, I'm out before it even launches!

You do the hokey cokey

And you turn around

That's what it's all about

Wonder how long it'll be before we get lambo222's next slightly more downbeat assessment. You know, like the one he gave us just 11 days ago on 5 May: "I imagine those who bought at sub 2p over the last few months May take a few off the table before the 7th June meeting, makes sense to lock in 50% profit just in case the FDA play hard ball yet again, question is do IMM do a placing before the meeting date they they have done twice before or do they risk it all on the FDA decision…"

Yup, odd weakness in the share price today, given the lack of any obvious news to drive things. As Dawson_64 pointed out, HAT only goes ex-dividend on 18th May, but maybe someone's jumped the gun! Anyhow, I topped up today as a result. The outlook was good enough for HAT's biggest shareholder to add significantly on 10 May (when the price closed at 446p. So it was good enough for me today, at just below 430p. Directors have also added recently, notably Chris Gillespie (CEO), with a further 25,000 shares @ 428p on 28 March. And the CFO bought 7,500 shares @ 431p on 3 April. Neither of them perhaps huge trades in their eyes, but a small vote of confidence nonetheless. Here's hoping there's nothing sinister about today's drop - I somehow think the Directors would have been the first to know if so....

Knees bent, arms stretched, ra ra ra!

Bumblebee1 - the SP isn't moving (at least not upwards), because TEK still hasn't unlocked any value in any of its holdings.

Lambo222 - agreed. That said, IMM (notably Tim McC) have form in snatching defeat from the jaws of victory.

DorsetLSE - you're right. Tech companies aren't always valued that highly in the UK. Which is why an increasing number are choosing to list exclusively in the US, where they're given the time & space to be properly nurtured. Several there have gone on to become unicorns. I know which exchange I'd rather hold my investments in. Which is why my pensions & ISAs have very limited UK exposure & very high US.

LAMBO222 - Oh it can motor alright. Sadly, only in reverse gear since the last Phase 3 trial failed to meet its endpoints. I agree, there's a decent chance the share price could rise - assuming the latest two imminent FDA meetings are positive. But this has to be seen against the backdrop of a meteoric share price plummet since 2018. Then above 160p (briefly). Now below 3p. WILDBUNCH - That's all.

Walp - I totally get your point. But I doubt the truly cash-strapped are currently selling their SMT shares, thereby dragging the share price down. IMHO, they'd be highly unlikely to own any in the first place. Current softness in SMT's share price is more down to weak sector sentiment, inflation, interest rates & the unlisted unknowns. Not a few PIs dashing for the exits to raise cash!

Lambo222 - you put your left leg in, your left leg out, in out, in out, shake it all about.

Averaging down can work. Equally, it can lead to bigger losses. What's undeniable is that it increases your exposure to a narrower range of shares than if you'd spread things thinner. Which heightens the risk, as well as any potential reward.

DorsetLSE - I make the current discount to NAV around 21%, so widening slightly but not significantly. Always a bit of a dark art anyway, as the NAV is a backward-looking snapshot, whilst Bid & Ask prices are real time during trading hours. I really wouldn't worry about it too much if I were you. Never good for the ticker & from what you've already told us, you've sold down most of your holding in SMT anyway.

Lambo222 - See you're up to your usual hokey cokey tricks again. In out, in out, shake it all about.

Stockraiser - correct me if I'm wrong, but if MaverickD "managed to bag 150k at 2.5p", I don't see ANY fruit being collected at this stage with the bid @ 2.4p. Not forgetting commission costs on top of that. Unless you refer to rotten apples of course?

Yup. Ex dividend date is 18 May. This morning's TU contained no unforeseen nasties & gave an overall positive outlook. I'd say the slight negatives were 1) Recent higher pledge redemption rates. 2) Moderating jewellery margins. 3) Weakening demand for certain higher value watch brands. 4) Inflationary impact on overhead costs. But it appears these are all being dealt with and were - for the most part - anticipated. Share price is probably a bit weaker this morning in line with general market trends - & the fact that their update didn't surprise to the upside. But I'm happy with this. Always best to guide accurately in the first place IMHO, rather than keeping investors second-guessing.

Nolupus - interesting. But surely the share price won't automatically play ball, just because of an imminent option exercise date.