Member Info for Monkshood

Rare for me to get the lowest! It was actually listed as a sell rather than a buy.
Hoping that we get an update that at the least says things are on course. They released one last year in early November so not sure how to interpret the lateness of this years.

I was told two weeks ago that a headset numbers and business update will be coming out soon, so expecting it this week or next. I was going to wait until after this to decide whether to add but took advantage of todays drop to top up with a few more at 6.1. Hopefully the sells are todo with year end positioning rather than someone having foresight of a poor update...

Interesting question. From the link below it would seem a 20% ish increase in fuel cost would give a $10 increase in AISC.
Note- they are moving, in part, to a solar powered system at Syama which is supposed to reduce power costs by 40-50% (following the same logic this could be worth $20 off AISC??).

https://www.spglobal.com/marketintelligence/en/news-insights/research/gold-all-in-sustaining-cost-up-25-yoy-in-2018-but-forecast-lower-in-2019

With the mainstream banks and building societies starting to charge 39.9% interest rates on authorised and unauthorised overdrafts for all, amgo's 49.9 % does not that high.

It gave a >9% uplift on the asx listing. Sometime over the next couple of weeks we should get another uplift when the roaster is back in action. With the current interest in gold miners it is looking good here.

They do say it is for tax purpose's, possible also a partial de-risk in case of a Labour led coalition? Would his holding be eligible for entrepreneurial tax relief which would be abolished?

There is an analysis of the results on the IC web site. Their conclusion is -
'On balance, we think a PE multiple of four reflects legitimate investor questions on the long-term viability of a lending product which essentially monetises personal relationships. However, as the gradual regulatory response evolves, we take a neutral stance on a stock which looks too cheap to bet against. Hold. ' This is up from a sell @69 which they previously advised.

The fall was also magnified by amgo being then removed from the FTSE 250 in the following rebalance. There is a 350 dividend index which it was also eliminated from. The whole of the UK equity income sector has been under quite a bit of pressure for a while, both from Brexit and the 'Woodford effect' (and others), some of the stocks have bounced back quite a bit in the past month but I believe that this has been held back both by people waiting for the results and more significantly, as stated by BigB, because of the 'forced sales' by some II's holding in this sector.

I agree with Thunder on this.
A good call by BigB when to jump in, there will be a big jump up today

Thanks for your detailed clarification of the situation, it was both instructive and interesting.

Does Invesco hold any of these? they have been off loading small caps recently.

HAT was an over reaction, but a bit like amgo it is not the most liquid of shares. I have held HAT for quite a few years selling a bit or topping up with the ebbs and flows of the price. Managed to almost double my holding @281 today which I think will be seen to have been a bargain by next year.

Oversold for the potential cost.

When asked by BBC what would happen if the other telecoms did not get ‘on board’ McDonnell said he would 'nationalise them' Oddly not mentioned by the BBC anywhere else....

https://www.bbc.co.uk/news/av/uk-politics-50426027/general-election-2019-mcdonnell-outlines-labour-s-free-broadband-pledge

2.40 min-

They have been operating there for 16 years so I would assume that they take adequate precautions.
I was more worried about the fires in Queensland but they are a bit further South.

It was not a particular large volume, but with not a lot of liquidity in this stock and seemingly not many buyers it dropped it rather a lot. I had expected it to hover around the 70p mark until the results. I agree with your analysis that it is probably Invesco; coupled to the Woodford effect you mention, there has been a withdrawal of funds from the UK again, so open ended ones eventually have to rebalance by selling something.
My investment in this is not large so I am holding through to the results (and hopefully beyond).

They have got NEX for the UK. I guess if it goes well NEX may role it out beyond the UK and that covers N. America, Europe and N.Africa
'UK's Largest Coach Operator selects Seeing Machines to provide Guardian Driver Safety Technology to Fleets, '

Some of my best holdings have been ones where there has been no, or negligible, posts on the BBs . For ones that I am thinking of for long term holds I have started to view this a positive filter!

I think that quite a few can put their hands up to losing on metro, although it does seem to be on the up now.
@sufcessex and always, I do have long term holdings, some >10years, as well as those I will only hold for days, I am not prescriptive, I just do what I think is the best for a particular holding. I probably often do sell too soon, but then I have also lost where I have not got out quickly enough (888 was, unusually, one where I did get it right).
Index changes are usually a good bet for shorter term holdings, just make a watch list of those with a mcap of 550-600 and follow them. I am actually holding a small amount in about 6 companies at the moment which I will then add to if it look like they will go up.
re rsg- they have paid dividends in the past (you can have it in gold..), but have had a lot of cap-ex for the past few years as they develop the new mine. As the mine ramps up production costs will drop, an increase in gold prices is not needed.
Looking at the performance related share options the ceo is try to get passed at the ex-AGM, I think the time frame for holding this is about 3 years (if all goes well). The share price should increase over the next year as production ramps up and then I think that they will go for a premium listing in 2 years to give it another boost, to ensure that he hits his share performance target for year 3!
Back to amgo …… It was a shame that Invesco sold out part of their holding as it had been gaining a bit of upwards momentum until that point. I guess it will hover around 70p until the results now, I am hoping for a rise to 100 over the next 6 months.

It certainly puts it in the danger zone for being moved back down to the small cap index in December.