Member Info for Paul2566

JR
Lets hope that in 12 months your .75p mention looks a little tame.

Too many balls in the air at the moment for anyone to predict what will happen in the next 12 months or so, just be content the SP has been moving in a positive direction lately.
I think it likely that dividends will return at some point, but personally I'm not expecting any dividend this year, and possibly not even next year.
When they do return, I think there are good political reasons not to grab the attention of the great unwashed by decaring a double digit dividend.

I can only assume this has been posted on the wrong board 19p to £2 in a week. I wish.
Of course it might not be a mistake, in which case its just nonsense.

Late 23 to early 24.

All bar one trade are nickle a dime trades. Its just a waiting game.

If married its an idea to have an ISA each, which allows £40k per year to be put in the ISA. I couldn't move all the cash for a few years into the ISA's as I had a couple of largish lump sums. Both my wife and I have a normal share account and an ISA.
Each year I gradually move funds from the share accounts into the ISA's.
You cannot transfer shares directly, they must be sold, cash transferred and then shares re-bought in the ISA.
There are 2 taxes to deal with outside the ISA, dividend tax which the next tax year (6th April) I believe is taxed on any dividens above £1k, and cap gains which will be taxed on any profit from the sale of stocks over £6k for the year.
Thats £6k of profit not the value of the shares sold. Its also possible to offset this by using any losses from share sales.
If you havent used all of the tax reliefs this year you have until 5th April, and for this year the cap gains allowance is a little over £12k.
But remember cap gains relates to all asset sales (except those exempted) and not just stocks etc.
Of course at the moment within an ISA there are no taxes to pay on dividends or stock sales.
Hope that helps and dosen't come over as trying to teach you to suck eggs.
Basically get everything in an ISA as fast as you can.
Sometimes I will look at transfers of stocks around the ex-div date. Some stocks fall quite a bit after this date, I still get the dividend in the share account and have to pay tax where applicable, but the sale price tends to be lower meaning I can minimise cap gains, and in effect when I transfer can get more of my stocks in the ISA making best use of the £20k allowance. Somtimes it isn't worth the effort and I will just deal when I think its right.

I have to express a different wish, I hope the dividend remains but the SP drifts lower.
As I am still buying stocks the SP has no real impact on my finances, and as I wish to add to all my stocks lower is better. Of course when I come to sell I will change my tune. At the moment I'm all about the dividends.

I think we can forget about 2023 being good, even after hostilities cease its going to take some time for this stock to return to some sort of normal trading. My guess is at best 2025 may be the year, assuming the war ends before the end of the year, which is in no way assured.
I don't doubt EVR will return to normality, it's just going to be a waiting game.

Well maybe two things.
I think investors at this stage with the information already availabe only want a good indication of when.
When mine construction is expected to commence, 2024, 2025, 2026 etc.
A timeline when the first resources are predicted to leave the mine for market.
I accept its a slow process, and subjet to unexpected delays, but they must have some sort of a timeline in their business plan.
While new mines can take between 10 and 20 years from inception to construction, this appears to be a solid investment getting ever nearer to turning its first profit. I personally would like some solid indication of when that might be.

Even if the war were to end tomorrow, IMHO the political landscape has changed dramatically and I suspect defence budgets will remain elevated for some years to come.
I have no good arguement but my gut feeling is this will see £9 in the next 12 to 24 months, and I also expect a modest dividend increase over that same timeframe.
Of course supply chain and higher production costs may present headwinds, but a strong order book should help prices.
I'm invested in this stock to the right degree for me so don't intend to increase my holding, but neither do I intend to sell at the moment, although I do wish (with hindsight) that I had bought more at my average of £5.24.
Currently BA. accounts for 3.87% of my portfolio.

The SP is looking a bit more stable now after recent gains.

When I first got into pure lithium exploration I bought 5 stocks, thinking 1 might do very well, some could be bought out showing a moderate profit and 1 would likely come to nothing. Because mineral exploration is so hit and miss initially I only invested a small sum in each.
I couldn't determine the winners and runners up but felt from best to worst, this is how they might perform;
EMH
ZNWD
ALL
BHL
KOD
Over time I have to some degree increased my holdings and averaged down, with a bias towards those stocks which appeared to be performing better.
Things change and I still couldn't predict which (if any) will be my biggest winner.
These types of stocks (for those who invest and don't trade) tend to be slow burners. I still believe in ZNWD or I would just take my loss and move on. There is unfortunately a very high rate of failure with mineral explorers and junior miners, but also some exceptional profits if you pick the right one.
I've only got £3.7k in ZNWD, and will not add at the moment until I have a better idea of their timeframe, I am currently slowly increasing my holding in one of my lithium plays and have increase my holding to £10.9k in another.
On the fringe I also hold a small amount in CUSN and £29k in RIO.
For myself I revisit the reason why I invested in ZNWD, and for myself little has changed so I see no reason to consider selling.

sufc555
Its always good to hear other views, and judging by your post history you are heavy if not solely invested in DLG, so I don't doubt your conviction, and welcome your views.
I am invested in 30 stocks across several sectors, so don't get particularly attached to any stock despite holding most for several years.

While I cautious, and reluctant to say this, I'm quite bullish on ALL at the moment.
Initially I only intended to have a very small £2k in this, however on the back of the fairly consistent positive news I have been increasing my holding to 24128 shares.
I appreciate news is just that, and is the usual 'jam tomorrow', however in this case I don't think tomorrow is many years away.
Lets hope my unusual optimism proves well placed.

I sold in Feb at £0.0148 taking a £6.5k loss, I knew it was a lost cause long before and should have sold earlier, but kept thinking 'jam tomorrow'.
Just checking back to see if I made the right decision, and I have no doubts.
The posts on here remain much the same, although most of the names have changed.
It was a good learning experience, despite dabbling in the markets for nearly 30 years one never stops learning, and when one decides to take a hit its reassuring to know the right decision was made.
I wish you all luck.

I see HSBC is predicting a bumper year for oil companies in 2023.

y11
I'm pretty sure you won't be seeing £4.3 for a while, and certainly not on the back of the comments made, all assets and income were already written off in their accounting, so nothing has changed. I did expect to see a small drop in the SP which I am equally sure will be short lived. I am more annoyed by the comments made by Ukraine than fearful of their effects.

On reflection I'm not even sure the 2% drop is directly due to the comments, quite a few stocks are having a dip today of a similar amount at the moment.

2% down as I type, but its unlikely to stay that way.

Mr Ustenko needs to remember that BP is not just an oil company, its investors like you and me, he is attacking some of the very people who are supporting Ukraine and are already being effected by this terrible war.