Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
This might help explain:
British government bonds slumped on Thursday as part of a Europe-wide sell-off, with the price of 30-year gilts falling to their lowest since October 2022, when markets were roiled by then-Prime Minister Liz Truss' "mini-budget" plans.
Thirty-year gilt yields, which move opposite to prices, surged by more than 17 basis points on the day to peak at 4.964% at 1251 GMT, pushing past previous highs set last month to their highest since Oct. 12, 2022.
Ten-year gilt yields were up 17 bps on the day at 4.53% versus an 11 basis point rise for German 10-year bonds, reflecting 10-year gilts' biggest daily price fall since Feb. 6, and not far off the market moves seen last October.
Earlier on Thursday, the Bank of England said it was starting work on introducing a permanent facility to support pension funds and insurers which get caught out when liquidity dries up in the gilt market - a problem which amplified last year's gilt market slump.
The fall in euro zone debt prices was led by a slide in Italian bonds after the government cut growth forecasts and said it would borrow more.
The rise in 10-year gilt yields was similar to that of their Italian equivalent, despite a lack of major economic news in Britain.
At the same time it has become a bad stock that’s only worth trading as it never holds on to it’s well earned gains, which is my own opinion. The main opinion on this site appears to be it’s all about the dividend…? I fail to understand this.
Americans….!!!!
And what have they ever done for us…?
Or was that The Romans…
A bit of change in sentiment near end of day trading, a lot of buying , this stock still rising which is not so good if you have just sold out … up side FTSE futures falling fast, Dow too.
I might rotate to DEC or wait…
Best of luck with your OWN decisions…
That would be me: The main pickle I have is with DEC, CJ…
Sold @383 -as already declared , before XD… Back in near end of day trading 8th of sept @367.89…..Not the drop I was expecting with the lack of interest in this share before XD ….I was thinking nearer to 360/364.
I was very tempted to sell today as I did expect the rise to fall away showing signs this was just another Aviva blip….But it kept rising until the end of trading.
We all know tomorrow’s another day…or could this be back to the old £4 pivot point…?
Good luck with your OWN decisions…
“Some” good news on the UK for a change…
BMW new factory in UK, car insurance rising around 40% …even a French bank (TRES BON )are saying it’s better to invest in the uk than Europe…
Will this help Aviva…?
At this price point, it can’t be a bad share for much longer…?
https://twitter.com/leeu_capital/status/1699712580376318289
that chart on twitter has lines and everything, so it must be right…but-but-but, it’s now £3.66…but how could the charts & all the wishful thinkers be wrong with all them there nice lines and colours and ****….how…!
but-silly old me looking at this share in free fall and forgetting the most important thing the dividend 8.8%… apparently you can argue against the facts and still think your right..
and fyi, i don’t care to be right , i really don’t…but i feel for the fools on here freely giving out positive information on an companies share price that’s very clearly failing/falling daily, is misleading.
That’s just too Inane to answer….
“Glenore is not British that the difference.”
The question: The FTSE100 companies, show me one company who’s share price has performed really well over the last 5 years.
CJ39…Quote: The FTSE100 companies, show me one company who’s share price has performed really well over the last 5 years.
GLENCORE…
“There’s always one” in both senses of the word…😇
Well, well, well…There was me thinking I had a negative view of Aviva. I feel out-negatived….? But it’s difficult to argue against your valid points that I completely agree with.
Apart from the price, I’m thinking 350 bottoming out. My original thought was 360 but Aviva had very little interest pre XD… So there’s a strong possibility you might be right on the price too.
Investors/market Movers, do not seem to have a similar positive sentiment as a lot of posters (not all) on here…
It’s great to keep a upbeat conversation about our “investment”but this share is already down 33% +/- in a year with a Dividend 15/16% it is still looking like there is a large question mark over it for New investors and some longer term worried about losing capital too.
I have given up on renting properties (too old & living in a world I don’t understand anymore) so I have invested a larger amount in this company for the dividends during covid but it is really starting to stretch my commitment to this company along with Aviva(now sold) …I think I have been spoiled by the oiled but I needed to keep a more “diverse portfolio” I do understand with paid dividends I’m still up on the deal but I can’t be the only one who is having the same concerns about this company, even with all the facts and figures kindly addressed by other posters on this site, it is not much comfort for the one’s who brought in at 130 odd drawn in by the dividend that “if” becomes unsustainable would see a large loss in capital … We can only hope for a stronger SP/company as winter beckons but with one eye on the sell button.
A point of view…
Quite right Pike..
Someone has to SELL the shares for someone to BUY them, FFS.
8 million shares sold today….some other corporates or companies has purchased them ..
Just the same as me selling today someone else will be buying if I had a much larger amount of shares I could arrange a UT to match a buyer…but the underlying point is I would be selling and selling before the X-Dividend
The point was made because it’s not just me who is selling shares BEFORE the X-dividend, Not who is buying them FFS.
UT - Uncrossing Trade: A trade where buyers on the bid and sellers on the ask match together in a single trade, such as at the end of an auction period.
What was the point you are trying to make…?
JG68, great input..
I don’t really want to discuss my own tax affairs on a open forum like this but at the same time nothing to hide..It’s not only the potential problem of putting your own foot in it but why would most posters want to put them self in the firing line just to see if you can get hit by HRMC. Or J HUNT while making a mute point.
But there are lot’s of Legitimate legal ways of “tax avoidance” that can be googled or if you are keen to pay even more tax they will be very happy to take it from you. …FYI.. A bed and ISA is where you sell an investment and repurchase it with your ISA funds…. In the bed and spouse strategy, you sell an asset for a loss to take a capital gain exemption and have your spouse or partner repurchase it and transfer it to you.
You can transfer the shares but Cap Gain will be born by the seller if indeed they do or transfer again. Shares can be sold and the same shares immediately bought back in a pension, such as SIPP, which allows self-investment. This won't trigger bed and breakfast rules for capital gains tax as the shares are being purchased by the SIPP trustees/administrator and not personally by the investor. Doing this avoids being out of the market for 30 days…..
But the advantages don’t stop there. Where the sale proceeds are used to make a pension contribution, this could attract 20% tax relief which is added by the pension provider. Further tax relief for higher and additional rate tax payers may be claimed via self-assessment.
In addition, holding the investments within a pension means that there will be no CGT on future gains and the value of the investment is generally outside the estate for IHT. Of course, using the pension wrapper may not be suitable if the money is needed before age 55.
Blah, Blah, Blah… We all should pay tax, it’s just a question of how good your advisors are and how MUCH tax you are happy to pay. As Mr J Cricket said: Let your conscience be your guide…or was that Keith Chegwin.?
Something less taxing:
Maybe someone with a similar thought (but it doesn’t make me right), Probably corporate, dumped £8 million of Aviva today EOT (end of trading)...Info from this site, top of page —AV Share trades— 23-Aug-23 16:35:03 380.60 1,985,018 Sell* 8m .
You’ll need to make your own mind up what that means to you, maybe they Just didn’t want the 11.1p per share X 1.985 million or like me they are pushing their luck with an educated guess…..
Thank you so much for taking the time and effort to inform me, it’s very much appreciated…Unless this IS Jeremy Hunt…
I have been doing this for just under forty years , but all I can say without putting myself and “family members”, “Limited company’s” in trouble…
The key is in your post: “If you” buy these shares back or indeed “If I” sell the shares…
I’m not a tax dodger, I do pay substantial tax , but if with a good mindset of some of the governments feckless spending and extreme waste of taxpayers monies, I feel happy not to over contribute to the latter…
Bloody account”s….😇
Sold out @ 13:30 today +/- 383.43 So I won’t be enjoying the 11.1 pence per in October …
I will give it a few days..???
£3:60 target, looking at how it’s performed today possibly £3:50.
It is still a very good company but it’s not being loved by the markets at the moment.
—-This post is After the event of pre X dividend so is not advice or a recommendation.
Best of luck to all…