Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Hi knowledgeable people, can someone explain why recently all I seem to see is very small buy/sells and a price that seems to just go 0.35/0.4/0.35/0.4/0.35/0.4? why would you buy/sell shares for around £1? doesn't seem to make sense.
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
29-Feb-24 08:15:56 0.35 500 Sell* 0.35 0.40 1.75
29-Feb-24 08:15:56 0.35 124 Sell* 0.35 0.40 0.43
29-Feb-24 08:15:56 0.40 300 Buy* 0.35 0.40 1.20
Thanks
My problem is a dividend cut would be disastrous for me as it forms a large part of my pension drawdown, if it's cut then the chance of a rise in SP won't offset the drop so I'd have to sell shares at below purchase price so a double whammy. I need the div to at least stay and hope the SP recovers over time, happy to see a reduction in China as I cannot see it recovering any time soon and MK was sure it would??? A good move for him to stand down but lets hope the new direction works (fingers crossed)
having been ****ed over by the motley fool pump and dump i am well down but fortunately didn't invest a lot, that said this seems to be a mickey mouse outfit who have no idea how to make money or keep their investors informed. will not put another penny in or draw out but see how it goes either way. seriously ****ed off.
I think that is an excellent letter and if it doesn't get a full and honest response then I think we can all read into that, unfortunately I am using this (like many) for a very large part of my income and was prepared to withdraw the lot when a modest £10k down but was desparately hoping for a turn around, not through greed but a simple mathmatical return to investment ratio made it very attractive to me, I am now suffering a 34% drop in my investment and am basically caught between a rock and a hard place, I have 1 fund in profit (for now) and the rest between 3-13% down so this is by far and away the worst performing stock, personally I think it's time for Kearley to stand down or be stood down as I don't see him turning this around anytime soon.
My question is: If MK is doing so badly WTF are the directors doing? they are there to ensure the investment is doing what it signed up for yet we see/hear nothing from them. Are they simply happy to take their cut regardless or what? answers on a chat post please :-)
Like you Legsofman I am massively down on a six figure investment, I have no idea where this will end and am actually coming out of retirement for a year so I can try and recoup some losses by not using my dividends as income, so f...ed off with this fund but have to ride it out in the hope something can turn it round, currently over 30% down on investment notwithstanding dividends, that said, all of my investments are going the wrong way it's just this one is hitting hardest. Not sure how the directors are viewing it but silence is speaking volumes.
Saw this on Trustnet, hopefully they have got it right and we might see some upward movement soon.
https://www.trustnet.com/news/13379672/chinas-rebound-has-barely-started-yet-says-fidelitys-nicholls
WTF is going on here, just keeps dropping and dropping. Looking at the trades there are a number of unknowns, why would that be? surely it must be listed? Wed 26th shows a 300,000 unknown, that's got to make a big dent in the price?
Hi Guys,
Feeling your pain but nowhere near your levels. I took a punt at 8.675p with £1k I could lose based on a Motley Fools post (how useless they were as they said it could go to £1????) so am now down by £928.96 :-( . Question is should I punt another £1k and if it hits 1.2p would break even? Not happy at all with MF and will probably never listen to them again.
From my limited understanding I believe the manager (as with many fund managers) simply don't pass on all dividend income per year but create a float in order to cover any shortfall, it's also the reason they are able to maintain and even grow the dividend as they should have substantial cover in place.
Hi All,
New to this site. Saw this in the Motley Fool saying "Buy", it suggested that it would be a good one as could hit £1 so I invested (not a lot) and ok to lose if it goes under. What p****d me off is The Motley Fool is supposed to be a good source of info so I am left wondering are they part of the pump & dump? , looking at some of the comments below it looks like CDL are not as robust as TMF would lead you to believe. I am hesitant to invest more but at this price it seems a steal as it cannot go much lower.