Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://companiesmarketcap.com/rolls-royce-holdings/marketcap/
I keep going back to this graph - showing overstrech in marcap - I think sensible fall back to 3.75 is possible before rising again on dividend news whenever that is
Interesting ding dong on the share price - I do think a bit weird some investors cant work out that the rights issue diluted the number of shares and they think this share is still cheap - its not. Look at the market cap - https://companiesmarketcap.com/rolls-royce-holdings/marketcap/ - we are punching above our weight quite a bit at the moment. I dont buy the contracts in the pipeline either - RR have ALWAYS had contracts in the pipeline - some huge huge contracts in the past at the height of defence spending in the 90's. I said recently that I was out at 4.15 - but I hung on yesterday as the whole market pulled up RR as well as everything else. I reckon If I can get out at 4.30 I would be very happy as I expect a fall back to more sensible levels of 3.75 and I will be back in.
Recently almost all my shares have dropped quite a few % more than the divvy on ex-divvy day - I am considering a sell/buyback strategy for some ( ditch the divvy and increase my shareholding by selling before ex-divvy day and buying back when share drops on ex-divvy day- this seems sensible if you were only going to use the money to re-invest in that share anyway - and you dont get hit with the tax for the dividend)
Trouble is - this rumour doesnt even appear on the Betaville website - so its a rumour of a possible rumour - nothing to see here -move on!
- if you had 1000 shares in Vodafone and the takeover (via a merger) valued the company at £1 per share you'd have £1000 worth of shares in the new company.
- if the new company share price is £4 per share you'd have 250 shares in the new company.
One huge thing to consider if the below scenario happened - no way the new company would pay the divvy that Vodafone has been paying - it will be less than half.
I am considering trying to average down below 100p to perhaps come out of this takeover scenario even...
""- if you had 1000 shares in Vodafone and the takeover (via a merger) valued the company at £1 per share you'd have £1000 worth of shares in the new company.
- if the new company share price is £4 per share you'd have 250 shares in the new company.""
Direct line group had a possible bid a few days ago cash/shares equivelent to 233p - share price topped out at 209..now back to 205... so I dont think you would see full price if a rumour of 100p started - you might see 90-95p in that 100
""We now have to add on the cost of purchasing the 70% of Havieron and Telfer. Estimates from some commentators have put that figure at 500 5o 600 million."
Do we now not also have to find the other 70% of the mine development.... Whats peoples opinion can Nemont right now decide to stop funding their 70% of the decline? Basically the decline willl be halted until the 70% is sold to Greatland or a 3rd party?
I cant see how currently GG would have the cash for buying the 70% and Telfer - thats a huge amount that isnt in the accounts. Plus of course the extra 70% of cash to then continue to continue to develop Hav. Would be interesting on folks thoughts on how this would be funded.