Member Info for NorbertDentressangle

I'm looking to next year's dividend, not this year's

Lots to sift through and can't pretend I can gauge too much but am interested in this exerpt. Commencing on 1 January 2018, the Company's new dividend policy is to return to shareholders a target range of between 30% and 50% of free cash flow (defined as net cash generated from operating activities less capital expenditure). The dividends will only be paid provided there is sufficient cash remaining in the Group to meet the ongoing contractual debt repayments and that banking covenants are not breached. $45m x 30% = $13.5m to be repaid in dividend. Divided by 175m shares equates to only 7.7c. 7.7c is 5.5p and translates to 1.7% yield. Hopefully I've got that wrong and if I haven't it's going to have an influence on whether I hold or sell

Good ones http://www.hl.co.uk/shares/shares-search-results/c/central-asia-metals-ord-usd0.01/dividends

Yep, agreed. I've set myself a target of 50p now and think we're not a million miles away from being there or thereabouts

Iofina: Hey market we're doing just fine Market: Screw you, let the fall commence

That's my prediction. 12p final and 7.5p. Based on full year increasing in line with previous year's hike and 1p extra on the interim

Or put another way. They're not likely to reduce dividend so we're guaranteed 5.5% yield at current sp. Outstrips virtually any other earnings based investment on the market.

Bump

I'm an idiot. Sold a small amount at 307p earlier in the week and dithered at buying it back at 292p. It was only 250 shares luckily

Hello mate. Not a clue to be honest. I sold most of my holding between 150p-200p but held on to some for sentimental reasons. I've bought more recently sub 10p. They've muddled on in recent years, nothing overly inspiring and have had a few setbacks. Providing fracking remains profitable, and trump loves fracking, then I don't see why a stronger iodine price shouldn't take this in to the 40s and beyond

I've been here since 2010 :D

Of 1066 Lol

Anyone think there might be a sell off or bit of pressure getting over this hurdle

Thanks, and I agree that's really well put. Are we producing all the iodine we require in the chemicals division or buying some in? I guess the best case scenario is to have a surplus that we can sell while keeping our internal costs at a minimum

My concern here is where we're heading. Doubled production would be a big step but I can't imagine the share price following the same course. I think if we did hit 20p I might sell up again and keep an eye on it. Once held 10,000@ 240p and still held them at 7p, gotta laugh or you'd end up a loon!

New all time high. Plenty more to go here though

Good rise this week. Divi has dipped below 5% of market value for the first time in a long while. Looking like a dividend rise soon

Will seem a bargain in 3 years. I'd only consider selling at 500p

Lol

227p is a little bit daft.