Member Info for PATTS

A divi is pretty much the only reason I bought MCRO so if it isn't reinstated, even at a reduced rate I'll be selling. If MCRO could afford the 50p they cancelled than I'm sure theirs funds for 25p

What does it take for MCRO to make gains. SP has fallen back by about 20% over the past month while over the past week the FTSE100 is up close to 6% MCRO has done nothing.

I wish the BOD would reinstate a reduced dividend of say 25p (down from the cancelled divi of 50p) to boost confidence

It's mind boggling how markets are down today given:
1) EU approval of Trade deal
2) Parliaments approval of Deal
3) Oxford/Astra Vaccine approval

I thought we'd see the FTSE100 knocking on 7000, alas no such common sense

Robby,
I don't think so, the SP is lower now than it was prior to any vaccines being approved and at that point it wasn't clear whether any mRNA vaccine would be approved as it had never been approved previously.

Given the speed that this will allow the vaccine to be rolled out and enable boarders to reopen in the next few months I thought we'd see RR absolutely flying today, instead the reaction is underwhelming

Given the speed that this will allow the vaccine to be rolled out and enable boards to reopen in the next few months I thought we'd see IAG and RR absolutely flying today, instead the reaction is underwhelming

It's not delusional or arrogance, those who researched the stock before buying in, bought with knowledge that BWNG is undervalued and should return good growth and dividends for those with he patience to hold. I bought originally at 28 following a recommendation.

I struggle to understand why any dick would sell for a crappy 2% or even 12% profit, almost a waste of time and effort when patiences would make far far larger returns on investment.

Lets hope so, bloody day traders do my head in boasting that they bought in high 50s and sold at 64 making a whole 10% profit , all the time they are suppressing the SP and destroying momentum. BWNG would be so much higher if it wasn't traders activity over the past few months.

I actively avoid any content by "Supercar Blonde". She's awful, doesn't know anything about most of the cars she reviews.

If you know what your original purchase price was and number of shares, just divid number of shares by 20. For the price you will to x 20 and make sure it matches what you now have in your account.

e.g shares before: 10,000 divided 20 = 500
Purchase price before 49.24p times 20 = £9.848p

That would be great but I'm not sure having Vettel driving for us is going to help LOL. Would have been better to have Russell, Lewis or Perez

Just a heads up.

I worked out the Shares I should have received after consolidation and I had 0.5 shares missing. I know this isn't a lot but it still has a value of approximately £7.50 at current SP. I contacted my platform provider who advised that any decimals are rounded down so I said I understand but I'm not happy to lose what would have been 10 shares prior to consolidation. to cut a long story short, they have credited my account with the value of those lost shares. It would be wise to double check your shares and purchase price after consolidation to ensure you have received the correct entitlement.

In theory in shouldn't make a difference but I thought 20:1 was far too Much. Look at Apple and Tesla, they've just done a share splits as they felt that having such a high SP meant smaller investors couldn't afford to buy in and historically this has lead to continued growth.

Thanks paul,

I understand that the company will be valued on Market Cap and at £1.8b; it's currently cheap especially if we assume that AML see strong sales of the DBX along with all the new models. I just thought is was rather odd to do such a consolidation........I just don't see what benefit it brings to AML

Confused as hell as to why AML and doing such a large consolidation; surely 1 to 5 or possibly even 1 to 10 makes sense but such a large consolidation limits potential growth. Not many companies trading on FTSE with a SP of more than £20.

PeterPurviscar,

Big mistake unless you are day trading

Then sell up and move on. 6.5% divi and all you can do is moan.

This DOB are utter mugs considering the pre covid SP was 48p+ which was followed by excellent FY results that again if not for Covid would have pushed the SP to 60p+.

what sort of company making annual revs of close to £1b, profits of £100m and £149m sellout with a offer only valuing the company at £219m ?

Thebhoys,

angioprime is correct though, all most everyday upon the open of the US markets, MCRO seems to fall in the UK