The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
forward looking divi as shown on Stockp.... is 9.35%.
Glencore's Dividend Yield (f) is ranked 2nd out of 33 companies in the Metals & Mining market.
Difficult to find such a strong performer anywhere else, no ifs or buts just big revenue, big profits big cash flow and big divi. All at a fwd looking PE of 6.
The news is that it's time to top up on GLEN.
"The 15 analysts offering 12 month price targets for Glencore PLC have a median target of 648.61, with a high estimate of 748.01 and a low estimate of 524.35. The median estimate represents a 18.60% increase from the last price of 546.90".
was my main holding, but sold out on 9th and 20th January. I can't say that I had any great reason for selling other than having made a good profit on the fairly rapid rise; just looked as if gravity would set in. Stockped grade CEY as a superstock. Central banks are buying heavily in to Gold. Share price dropped through 30 and 60 moving day averages, and looks as if its on a perpendicular to cross the 120 day soon. SP now entering the oversold area on the relative strength index. Estimated revenues appear to be rising, operating margin, cash flow, and cash appear to be falling. Torna raises some good points below. Gold mining companies can be fickle and not have the 300%+ rise that big mining such as Glencore has had over 3 years, but a low point must be on the horizon and opportunities for re-entry or new buyers to step in.
at 0800 yesterday after seeing the IC tip, sold today at 0956 and took my 11%. I guess people may shout at me, but I suspect the share price will take a dip again before heading North, despite all the positive news flow. Often the way it is with small cap mining companies once the news subsides.
I sold on 20th January, but bought back again today as it looks a good price, and would expect some rebpound.
I thought I should take a looksee at the directors purchasing of SMT over the last few years.
According to the FT there's been about 30 grand in the last two years (big deal), not exactly a vote of confidence. I'm still puzzled as to why SHARE magazine pushes them just about every week?
Its your money look after it, or somebody else will.
change, I change my mind. I'm sure SMT will rise again...... (I still hold small amounts of SMT, ATT, PCT, a bit like having some premium bonds from so far back you forget to sell them; though SMT appears to be the dog) but meanwhile, as mentioned below (on Thursday) IQ – IQIYI on the NASDAQ is up again today 10.8%. SMT have got a "Nobody Gets Fired For Buying IBM" mentality. Of the thirty largest holdings and twelve month performance at 31 March 2022 (according to the SMT annual report) the largest annual increase was Tesla at 2.5%. Which has dropped 52% since then (despite a recent rise). I'd suggest that you have to see it as its is. If inflation is 10% ish then the only gainers are the fund managers. They project a no feathers ruffled here attitude, but where my cash is concerned I'd like to bet on the fox at the moment.
80% in one year
theme as mentioned below. SMT is invested heavily in many great and well known companies, but quite a few are entering difficult periods or stagnation. There are newer companies on the NASDAQ such as iQIYI Inc IQ:NSQ (up 209% in 3 months, and 80% over last 3 months market cap 3.7 billion). About to enter profitability in a revitalised Chinese market. Just saying..... There are many others out there but require a little more active research by individual investors.
may have felt safer investing in SMT in the past due to its track record, but there are individual tech stocks in the UK market such as WAND (data transmission) which are on a roll. Up 146% over three months, and 322% over a year. Share magazine plugs SMT every week, is there some sort of connection? I believe people need to spend some time and look for a few winners by themselves. The managers at SMT will trouser their bonuses what ever happens.
was a bit slow buying back in, but up 36% since 30th December.
Berenberg raises Tharisa price target to 270 (250) pence - 'buy'
is bucking todays downward trend on miners