The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Looks like its the Maldives then!
Have fun on Hayling/ Canvey Island or Bonor once you get out of debtors prison covering your shorts Eff.....
:-)
You'd certainly be a qualified (if very poor financial manager) contrarian if you did short this share. I am very pleased to have topped up with another tranche last week. Do I sell and take that holiday in the South of France or wait a bit so I can run to a private jet to the Maldives.....choices, choices. So glad that I am ulikely to meet a cetaing shorter who this year might be holidaying on Canvey Island or Butlins Bognor Regis.....
If it makes you enough cash to Foxtot Oscar from posting on this board, I for one will welcome a further drop in the sure and certain knowledge that any decline will be followed by a recovery within the next 18mths. Stop making a t*t of yourself and cash out and bow out.
At the time, CoCo was pontificating about DRX alone whereas this contagion is now affecting pretty much all equities. The business is cash generative, has cost control over much of its base feedstock and in a price inflated market. Its not nice to watch the price drop so quickly but the market is reacting normally and this business is still going to be providing dividend income to the LTH. Not the time to panic but an opportunity to monitor and slowly accumulate.
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Yes - https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=LGEN
Blackrock are also shorting ITM to the tune of 0.9%.
Likely related to the proposed EU sanctions on Russian coal imports but another welcome boost to the SP although the core reasons are extremely sad for all those directly involved not least the Ukraine civilian, forces and +17k Russian army losses.
Given their history I suspect its unlikely that they will increase their dividend significantly preferring instead to paydown their debt burden and fund further investment in BECCS and the hydro-electric scheme - this would seem the best strategy as cheap borrowing is rapidly coming off the table and long term debt is turning expensive again. I imagine shareholders are going to be fairly satisfied with the growth of the share price and not be clamouring for a slice of the unexpected revenue windfall and if the brokers are correct, then there is still some mileage left to the share price target. Barclays 900p target looked a bit fanciful back in 2021 but events are driving optimism so perhaps they were right.
Interesting - a finite renewable resource. I'll have to look that one up.....
https://simplywall.st/stocks/gb/utilities/lse-drx/drax-group-shares/news/we-think-drax-groups-londrx-profit-is-only-a-baseline-for-wh
Another positive article on DRX
Your embarrassment has worn off a bit then Coco?
BP could have the odd £14B available shortly!
;-)
@Scotdrog - appreciate your feedback. We used to have a bit of a clown on here theorising about price zones and predicting all sorts of nonsense so its great to hear good info from the front lines!
@scotdrog - I think we should be canvassing your thoughts as an employee on the management and overall morale in the business? Not insider trading stuff but general health of the business from someone actually in it at the sharp end. No ramping though!
19p paid 8 July 2021
Having bought another tranche at the end of Dec in the expectation of a continuing rise I'm feeling a bit of a fool missing both the dividend and incurring a 23% hit. What is disconcerting is that I haven't been able to identify a clear reason for the precipitous drop or an inkling as to when the fall will be arrested. Hopefully before too long it will recover at a similar rate or the BoD will provide some indication as to the cause.
Its at times like this that I feel blessed that my genetics prevent me from seeing either red or green :-) and I certainly don't resort to rose tinted specs!
Shaun Day of GGP was initially a little rough around the edges but with exposure to investors and confidence is the resource he has become a much better communicator and its to be hoped that Phil and his BOD can hone their presentation skills in the light of continued success at Cononish.
You might not think he'd make an entertaining drinking buddy but Phil Day is doing the right thing, under promising and over delivering which is good, honest expectation management. I much prefer this approach to the over enthusiastic reports that had the share price ballooning to unrealistic levels based on that speculation.
Keep up the good work Phil.