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Wrong on every count sm1tser. Those who are dying are those who already have a poor respiratory system, for example they smoke, which (in China) is about 70% of the population. If (as reported this morning) there is a mass breakout of the virus here, then the Government will order self-isolation. And again, the demographic affected will be the typical Boohoo customer. The very young, and the "old" generally do not socialise, so the mass of infections will be Boohoo customers. Let's hope is doesn't happen.
I really cannot work out what is going on with the SP of this company, just 10 days ago it was at 1550+ and about to report excellent numbers - on the back of which you'd expect the SP to make a move up and over 1600. But no, for some reason (probably the fall-out from coronavirus in China infecting laptops and being spread around the internet due to gamers) the SP has nose-dived to under 1300. What has happened to wipe 20% of the value of the company in 10 days?
picstloup - I hope you have given that stockbroker his marching orders! My earliest purchase was at 355 nearly 6 years ago, and I did sell some in December to fund another purchase, but this has and remains a stalwart of my portfolio.
You were spot on with your post of 24Oct Fallingknife1. My opinion is that with non-UK revenue exceeding UK revenue for the first time, this company will start attracting international interest as growth accelerates. GBG has a long way to go yet.
It has been a topsy-turvy month and the Boris-Deal went no further than other deals, and now we are in the GE situation.
Even so, the LGEN SP has continued to strengthen. I was going to trim my holding and sell 20% at 276, but that may have proven to be a bit hasty. I doubt we will see much above 280 before the GE, and the SP support suggests that the Conservatives may not be able to secure a majority and we will end up with a softer (LGEN friendly) Brexit.
I agree, this SP of this company has been held back in the last 12 months by the downturn in the FANG stocks, but these results suggest serious good times ahead. I've long thought that this company is a potential FTSE100 member, and I won't be selling till GBG joins that club.
The SP has been all over the place in the past 12 months since hitting an ATH in August 2018 (2065).
The recovery from under 900 to 1800+ between February and late June intimated that good times lay ahead, but the SP has been weak throughout July and August, and has dropped off a cliff today touching 1333.
What's going on?
The Annual Report revealed that the company has taken on £100 million of debt, of which £84m was to buy IDology. But the small-scale sell-off was probably more to do with events in Hong Kong and the ongoing security issue with Huawei.
A new all-time high recorded, and back on 19th March 2018 I said this would crack 700, but I thought that would happen before 31-Dec-18. So, a bit behind my anticipated schedule, but it's got there in the end. Onwards and upwards.
This looks like a company that is ripe for a takeover, it wouldn't surprise me to see a bid coming this year.
The SP has grown from 420 to 1100 in less than 3 years, and there looks to be no end in sight.
Mostlyharmless: how you receive dividends depends on how you hold your shares in Segro (or any other company). If you actually hold a share certificate (unlikely nowadays, but possible) then you will receive a cheque or (if the company is more up-to-speed) payment direct into your bank account.
If you hold the shares through a company like Hargreaves Lansdown, then they will get the money and allocate it to your account.
Assuming that you held shares on 21st March that was the "ex-dividend" date so you qualify for a dividend on the shares you held on that date - payment is on 2nd May.
Who rattled your cage digitalman?
I'm assuming that you are not an informed investor so, to find out about a company, go to the Annual Report (on the HL website, this is under the "Financials" tag). Open up the Financial Report and go to page 10 of 18. There, under "Equity", is a line called "Accumulated Losses" in the amount of £37,474,820.
That loss is retained by the company, it has not been written off.
Useful things Annual Reports, have you ever read one before digitalman?
Batterseafish: 3 times in the past 6 years I have bought into Bango - and subsequently sold - after being lured-in by the "market opportunity" and the cries of "there's gold in them there hills" from opinion on forums like this and in no small part due to the writer Simon Thomson (ST) in the Inv Ch. Thankfully, I jumped-ship most recently when the SP was at 170 (I'd bought at about 220) after the company generously sold £5 million worth of shares for 180, undercutting the market price by about 20%. Going back through the forum, there were some fervent supporters of Bango but they seem to have gone very quiet about the company (but they are happily full of optimism on other company threads).
At the end of the day, you make your own decision, and the reason I post on this forum is so that other "innocent" investors are not drawn in by over-optimistic statements from other contributors who fail to give a balanced opinion.
Your are right, the market that Bango operates in is full of opportunity, but you have to wonder if the current management and BoD have the wit and ability to make the most of that opportunity when the track record of 10 years of losses and a £35 million debt on the balance sheet suggests they haven't.
Methinks dumbdog is a spoof account purporting to be a supporter of a no-deal brexit with with BJ (blow job) Boris in the driving seat; but he's really a "remainer" and revels in the prospect of winding-up reader with his twittering comments. At least if he's contributing here, then he's not watching porn.