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JB imo the £1 option does still stand: the folly was making it a firm prediction with timescale.
No, thx.
Itsaw, I don't see it as automatically a problem, but thanks for looking and posting.
Slack I differ, but not tied to short term. Admit surprisingly low.
They may be, I hold neither. On the briefest research, it appears both have lost most of their mcaps in the last 18m: does that not then supports the divi case? If there had been payments due, might fewer holder have rushed for the exit?
Perhaps ryaay (ex-Rya) is a better example of doing OK without divi, but I haven't held since they departed lse. I also dumped a local (but quoted) company when they switched their divi from cash to a new class of non-voting share. In conclusion, I'm happy to invest where profits are still in the future, but when they arrive I want my share.
This happens with many shares, both directions, especially small-gap &/or fast-moving. It's not usually sinister or manipulative, do you have any suspicion?
Bell is showing 7.1p mid price, which matches trades on here but not price. All unclear to me but direction ok.
Serious question? A company only exists to make its owners a profit, and the divi is how they receive it. There is another model, where shares are bought back and retired. Remaining holdings become increasingly concentrated and valuable, and holders can sell to realise profit; but that is self-limiting if shares become worth hundreds of pounds each. No, imo real companies pay divi.
Heid I do feel free, haven't yet, you might yet be the stopped clock that is right twice a day, or give good information accidentally. Bring on a controversial prediction! You know you want to.
MIKODX, markets.
What started as a thoughtful exploration of the international financial relevance of gold; ends as a bunch of pub bores quoting from the Daily Mail. No probs, today's another week.
Of course prem is not just Zulu, but 99+% of those on here are zulu-focussed.
In case of further raise/s, I do hope he spends it on the declared purpose.
If this sounds negative: no, just cynical and experienced. The Chinese involvement means, imo, Zulu will produce, whatever it takes. This is no longer a solely ggr operation, praise be!
WWP, well, inevitable because Chinese in. Zulu production certain: prem profit wait and see.
Air! Typo or deliberate pun?
I had planned to slice but the earlier wide spread would have been loss. Gla.
Sounds good Gwyn, but as itsaw & Micky have observed on other thread, we might have to choke back to limit burnt gas. If the burnt gas allowance is annual, no problems; but if monthly and we start up early in the month, not so good.
This may sound like a cracked record, but gas to grid, even power grid, would be SO much better, and CASH. The support for developing domestic petroleum is somewhat based on its being done properly, clean, environmentally superior, doesn't need shipping round the world. (Similar argument for coking coal imo.)
Micky your wish has been granted, at last.
After weeks' wait, 86c achieved and I sliced a third. Not much my holding is not large, but, to quote Tesco...
Sorry, nil to say of accustem.
I agree somewhat. The question to BoD, "If we can't afford regular dividend why has your pay not been reduced?", seems quite justifiable. I don't agree with some on here that the BoD is responsible for the sp (that's markets), but they ARE being paid (well) to run a business for profit and return that to the owners.
Jabez you could cut your losses, Heid says many have. However there won't be a chance to buy back if big oil comes knocking, imo.
Fair enough, you didn't. When I responded, and still, s/he hadn't. Still, that notion would be delusional whether or not you held it. You don't need confidence in the company, only the sp movement.
(Frankly, not total confidence of either, but, stay positive!)
ALLAN, I don't know if/what Heid will respond to you; but you are badly deluded if you imagine all shareholders admire and have total confidence in their companies. Mostly, we were able to buy at an acceptable price to expect a rise. Sometimes poor news or performance leads to a good buying opportunity, if the fundamentals of assets and abilities underlying are good.