George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Company that facilitates lending to growing businesses. No this is not as safe as the building society. But is 1.5% worth being safe for ? OK spend it or try silver coins or buy solar panels or just speculate. Think though that growing businesses make jobs to earn wages and salaries to save and maybe buy houses -ie the horse before the cart is the proper way. So I don't hesitate putting a bit in something that grows businesses because I see it as economics correct. This pays a high yield some denominated in $ and it fluctuates -as does sterling too! I put hold because I hold some if you don't you should buy some for the quarterly 1.25 p div per share and future capital appreciation
I frequently see reports on TV that coal sells and movements out of Australia to Asia are buoyant and this is ongoing. The Aussie dollar has recently been low and is recovering . Sterling is improving at the moment but its good to acquire foreign earnings when relatively cheap and not when everybody else is chasing them.
No it does not appear to hedge from the site. The continuation of this stock recently confirmed another 5years to 2018 at least. Has been a good performer and is likely to continue to be because of the type and location of the investments.
I think more than fully valued now -but very difficult to weigh any earnings upside with currency loss on current trend -and we don't know how far these trends will run . I don't think this company has a currency hedge. Does anyone know ? Must look it up !
They are I am sure over valued. But that does not mean they cannot stay or get more over -valued. You can get more yield quite safely elsewhere. On this there might be a bid but it really needs the right buyer and a stockbroker in Tunbridge Wells does need that. There may be more growth -it can grind slowly higher. Many are looking for a correction. If we get a good shake out and it holds steady that's positive -will we get a nervous breakdown big enough to budge it ?
Do note I have done a very small punt. Do careul research if investing a lot of money. I bought and sold these a long time ago when there was a good dividend.. If the company sells some assets it will reduce the total value -but that depends a lot on the realised values. There is above normal risk here.
Bought 1000 as a long speculation.It looks as though they can finance the currency swap with the sale of two assets. Bulk of their holdings in the wealthy Paris outskirts.and this company used topay high dividend that iscurrently on hold. But the intention is to resume it once the swap has been fixed.
I read the Santander circular of 'eleccion' of 11th July and as I wanted shares I took no action as it indicates. However in my TD account I have received a very tiny 'optional dividend' Well I have asked them by enquiry how this might have happened as it cannot be right -either you get the shares or you elect to receive divi less tax or to selll them in the market