Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm sure some people get dividend payment day mixed up with ex-divi day.
There will be buyers tomorrow & early next week as dividends land in accounts are re-invested.
AECO has jumped & TMP Expansion is complete.
All the best to those selling today.
Aeco seems to have jumped 20%.
Are you posting as se7en now WCSB?
The ESG element is very positive.
Good news for those wanting to top up with May's dividend.
My question is, if this was such a good deal, why had it not been done sooner when AECO was firmer. To answer my own question I suggest Jason D is showing his mettle & we should see more financial wizardry & valuation realisation.
Greygeorge, it’s good to see you on this board. Last time I read one of your posts was on DEC when the share price was iro 850p, since when it has risen to nearly 1100p. This must be a good sign that PHNX will rise back toward 550p. Good luck to you & your boiler room boy chums in supporting the shorts but you know your time here is limited.
"Berenberg cuts Phoenix Group price target to 650 (739) pence - 'buy'"
Shorts reducing, coming up fast.
RBC raises price target to 615p from 600p.
Been adding over the last few days.
Final tranche this morning & very much overweight.
581,599,551 voted for the Share Capital Reduction
176,428 withheld
751,854 voted against the Share Capital Reduction - the mind boggles.
Adolfo has purchased 650,000 at an average price of 15.14p, so he is currently down £14,560 on a purchase cost of £98,410.
Look forward to him seeing a return on his investment.
SK, how's your short position today. Seems the bulls smell bear blood.
SK, perhaps you should read the full article especially from the paragraph 'The Negative Impact of Short Selling'.
I have bought in again after selling out at what at the time appeared premature at 18p a while back, missing the rise to 22p. I have greater confidence now AH is in full control & 12.5p seems very oversold to me.
“The Commencement Date for commercial operation of the expanded system will be May 1, 2024. Trans Mountain anticipates providing service for all contracted volumes in the month of May.”
https://www.transmountain.com/news/2024/trans-mountain-successfully-completes-pipe-pullback-for-mountain-3-hdd-and-provides-operational-update
After selling the family silver, the furniture went next. Then the floorboards were ripped up & sold. Finally, the roof was stripped & sold off & what was left of the core business was just a rotten apple unable to make a profit.
New credit facility with different terms than the Trafigura loan.
"UBS's Nasib Ahmed expects the long-term savings and retirement business to focus on its plans to deleverage and capabilities to increase its solvency II own funds and IFRS 17 equity.
He was also anticipating a final dividend per share announcement of 27.3p, against 26.7p for the consensus.
The firm's next three-year cash generation target was seen at £4bn, which would be in line with market expectations."
If these boxes are ticked, sp should at least hold up.
Who knows, it might even go up.
Keep an eye on MNG sp today who have just posted results. Might be a precursor for where PHNX sp goes tomorrow.