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Good question GS but i think its partly due to a bear market . The trend is down and people are panicking a bit so the funds short to follow the trend.... Now here is an interesting bit of news ...who new that LGIM the investment arm of LGEN has 2.93 mn shares in Amazon at a value of 9.5Bn US dollars .
Maybe that's why LGEN is struggling to get the SP back up......... Amazon share price has dropped significantly from March 2022 this year from $3,400 Per share back down to 2,082 US dollars per share
https://www.ft.com/content/5191d044-c36f-4385-989f-2cba3a5ba024
Looks like it must be the discount to the Nav that's driving this share upwards . Monthly dividend and capitals gains! Glad I bought in earlier this year
Taken from HL site Estimated NAV: 95.93 Premium/Discount: -18.48%
A big move on Epic today, any body know what caused ?
Might be of some interest
Shore Capital is organising the following Seminar for the following company(s): H&T Group plc | Provident Financial PLC | Secure Trust Bank Plc | Duke Royalty Limited
Click here to learn more and register interest
Details
Event: Specialist Banks & Lenders
Description: Serving the Underserved
Date: 15/6/2022
Event Type: Seminar
Location : Online
Speakers : Neil Johnson, Executive Director & CEO - Duke Royalty Ltd (DUKE:LON)
Chris Gillespie, Chief Executive Officer - H&T Group plc (HAT:LON)
Malcolm Le May, Chief Executive Officer - Provident Financial plc (PFG:LON)
David McCreadie, Chief Executive Officer - Secure Trust Bank plc (STB:LON)
Click here to learn more and register interest
Thanks,
The Research Tree team
Cant answer that SD but I use https://www.x-o.co.uk/ backed by Jarvis brokers .. check them out I pay £5.95 per trade and no monthly fees and no other fees and have no complaints
Hugh Trotsky are you talking about Tom Cross from Dana He went on to create Parkmead ....Thats never gone anywhere .. I remember Dana from the old days when we had paper shares.. I cant understand how the nomads let these companies get away with such underhand dealings but they do
Olderandwiser link below is from March 22.
As with all things there is risk but Dec is currently in an uptrend like nearly all oil and gas produces. Dec tends to loosely follow the gas and oil price and whilst they are both in demand Dec should do reasonably ok ( In my opinion )
The SP goes up and down like all shares but currently whilst the US dollar is so high we are getting a brilliant exchange rate hence the super dividends. The US dollar being the reserve currency has been the go to currency during these recent ugly events . Also gas and oil prices don't look like they will be coming down any time soon.
https://www.investorschronicle.co.uk/news/2022/03/22/diversified-energy-hedges-hit-profits/
Oldbutwiser.... look at Diversified oil and gas DEC 10% plus yield divi paid quarterly been paid since 2019 ... paid in US dollars converted to Gbp. Dyor etc
Check divi on www.dividendmax.com
Hi nomlungu .
Yes i recall you did mention you thought a placing was coming and i said if you want to pick up some shares on the cheap you could have got some on the 7th of March as they were 33p . Ive been in Duke since 2019 and I paid around 35p for them then they did go up to nearly 50 P but my TP price was 55 p
In 2020 they crashed down to around 20 p and i held on through covid etc
I added some on the 21 Jan 2022 at 37 p and have a TP price of 45 p but didn't get there.
I just see this share as a dividend income share..
As you may recall I'm not a fan of placings as it dilutes the share price.
Also not a fan of primary bid as i see them as a self serving disruptor.
Its a pity that DUKE didn't give its own share holders the option to buy shares at a discount.,that would have been the morally correct behaviour ... (but this is the stock market!) So now as we enter a more bearish stock market I hang on for the continued divis... Good luck to all holders
Possible Sigma1 The FTSE right now as i type is currently hugging the 200 MA and EMA.
It depends whether it bounces or drops below If it is below I will be waiting for a better entry price .
See what Asia does overnight
Legal & General International Index Trust (C) Income
Hi GS it looks like a Tech tracker with a 1.3% yield I guess the 5% out a year must include growth?
Friday was an awful day on the markets it has to get better soon!