Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No, I disagree and I am a non shareholder who wants to be. If you are going to mention the divi in that context it has to be followed up with how that fits into the overall strategy given the poss bids for two consumer units of other pharma, the facilities they say they want to build in Europe and its under pressure pipeline. If there is any doubt given the sensitive nature of announcements and see saw analyst forecasting of a share mostly held for its divi then surely the pr dept must have been rolling its eyes. Obviously it wasn't clear enough for those who have affected the price of the share and surely it is they who needed that most.
It's obviously on a downward slope for now and I nearly bought in but am concerned that this will rebound a bit today then see a drop again afternoon. I hope for holders it actually rises stabilises and I am wrong. You are right Spikeyj, it isn't a provident or carillion or even a capita moment and if you don't actually need to access your funds then the divi is still solid for now and perhaps all of 2018 and even beyond. However there is a bit of a pattern with these drops currently across the market. WPP is a great example sadly. You also can't help but think that post divi this will drop significantly. It's already recovered around 35% of the drop today but it's a long time till 16:30. But every time it tests a new low it spooks me from buying in believing I might get in at sub �13.
I think you expressed it better than I did TL Williams. Good luck with your holding. There also seems to be a trend now of the pre,pre trading announcement dropping a share price then suddenly out pops the good news. I omitted the shorters games as it�s hard to keep up with all the nonsense nowadays.
That;s great if you are 30 not if you are 50 plus. Millionaire? If it's Turkish lire. The trouble with forecasts is that they are worth as much as the screen they are typed on now. Motley Fool used to be a fair site but now seems intent on simply flogging the next best or must have advice newsletter. Let's be brutal, the stock market and many once solid performers are caught in a world of over sensitive news reporting (often through wallys at executive level) which often says nothing of any real substance, market maker shannigans, analysts forecast nonsense, nervous (with good reason) investors and those forced into shares seeking income or a little growth due to dire fixed interest rates. Also pharma appears to be in a corner seeming to need takeovers to boost bottom line as they come under increased pressure to find the next big cure or treatment. Maybe I'm wrong but hasn't GSK underperformed for years in real terms.
T.L Williams, if only we knew. but surely it will drop on divi day and then after negating any lower price paid for new joiners it will be level pegging or less with poss further drops. Only long standing shareholders will still be ok income v share price. The divi statement although not unreasonable was ill conceived without further explanation by the company. It also must raise questions about other previously solid divi payers. I can only imagine the thoughts now for so many who rely upon divis for income. After hours trades will be interesting today.