Member Info for Paul2566

How long is a piece of string.
Reasonably safe prediction between £1.60 and £2.50.
Without further developments, based on the information available today, I would say once the dust settles £1.65 December 2022.
But to be honest I may as well throw a dart at a wall of numbers while wearing a blindfold and balancing on top of a large ball in a strong wind.

Yes, but don't forget the debt.
RR is in a good place to move forward.

Oops meant 2023.

I agree 2030, as it is I believe a requirement on some of the financing that no dividend is paid prior to 2023.
Personally I would prefer in the short term that any free cash be used to reduce debt, and/or buy back shares.
I would hope for a dividend towards the end of 2023 in the 2% to 3% range.
Which if you hold stock which cost you £1 and is valued at the time of the dividend as £2 would equate to a real dividend value to you of 4% to 6%, which isn't too bad at all.

Good news indeed.

The SP rise is excellent and gives me a warm fuzzy feeling, but other than helping confirm my decision to buy in the first place, it's not really relevant to me as I believe the company has a bright future and intend to hold.
It is reassuring to know that should something unforeseen happen and I need the funds, I can sell at a healthy profit.
Picking a real long term winner is relatively uncommon so when I have one I intend to hold onto it.
Would I buy more today, maybe not as I am about 1.5% heavy on this stock in my portfolio at the moment and I like to keep things balanced.

Profit isn't profit till its in the bank.
That said, I hold 12322 at average of 1.055 so I'm up a fair bit, and of coursehave thought about selling and banking the £4400 profit.
But wait, why did I buy the stock in the first place. I thought it was a company with a long history which gives me exposure to militsary defense (although I also hold BAE), exposure to aviation (I hate pure airline stocks), a strong defensive moat (intellectual property, infrastructure, technical know how) , and good revenue income once things get back to normal, which will eventually provide sustainable inflation beating dividends, with a little growth.
So what has changed my mind...... Absolutly nothing. The only thing I hadn't predicted was the huge rise in SP over the past week.
Do I need those funds right now. No.
Do I have another stock I believe will replace RR in my portfolio, in the same sector, and provide better value. No.
So all things considered, I love seeing the tidy 'potential' profit on my portfolio, but I'm holding till my reasons for holding no longer apply.

Personally unless I see better money to be made elsewhere I don't have an exit price, I'd rether hold long term and wait for the dividend.
If it hits £2, it just reassures me the dividend is on the way, and sustainable.
Hopefully 2023 / 2024 should see a return of the dividend, and in relation to what I paid for the stock the dividend % should be worth having.

Its nice to see the SP holding steady for a while, if it can hold here for another week it should provide a stable platform to move up a little when appropriate.

ATM its fairly safe to assume anything above 3.165p is likly to be a buy.

Dont get confused by the MID price, thats just a useful indicator.
ATM a seller would expect to get around 3.15p, I just tried a dummy trade and was quoted 3.157p

ATM you wont get 3.2p and above on a sell.

A lot of those sells are in fact buys.
Look at the BID & ASK prices.

Great.
I'm holding 10787 shares at average of £1.2628, which makes it my worst performing stock this year.
I'm hoping the next 2 years will reward me, but who knows.

AAF has been good to me so far.
Bought 5656 shares on 02/07/21 at 79.02p and another 6703 shares on 05/08/21 at 88.93p.
I saw an article online, did some research and it looked good.
Not had a dividend yet, so the first comes I think in December.
The dividend is pretty average but its a good growth stock so I can't complain.

Oh I should add, apart from this year which has been unusual, I probably make less than 10 trades a year.
If I traded more often I'd have to do the numbers to see if I could get better value elsewhere.

LivLou
This is no endorsement, just my experience.
I trade via a Halifax account, and have done so for over 30 years.
£9.50 maximum dealer fees. Some sells are free.
It allows me to easily transfer funds as I bank with Halifax.
I can buy straight into my ISA.
I also have a normal Halifax dealing account which I use as a bed.
I only buy a minimum £1000 of shares at a time to minimise impact of dealer fee, and usually try to buy £5000 at a time.
It gives instant price when you hit the buy button, with 10 seconds to confirm the trade or try and buy again at a lower price.
I can set limit orders for both buys and sells.
I am very pleased with the service.
I do appreciate that many prefer to make smaller trades for various reasons, and were I looking to trade less than £1000 of stock at a time I would probably look for a free option. I have no experience of these, but would wish to know how they make their money. I'm a firm believer that there is no such thing as a free lunch.

Looks like a share bonus issued to employees of MGC, and a paper payment for its aquisition of MediCaNL.
Everyone knew it was comming so shouldn't impact SP.
In short no change.

The interview is very positive and suggests MGC is heading in the right direction at a good pace.
Looking at Ed Stacey's report gives his estimates of finances going forward.
If correct it looks pretty good.
It shows MGC going from a $18.77m net loss in 2020 to a $1.67m loss in 2024.
If it follows the same path it looks profitable sometime in 2025.
Medium term this looks good for those that hold.

405670 @ 3.15p.