Member Info for paul30661

Unless there's news of an approach ??

I use hl and because I don't have trusts, just shares, they are very good value, and good service too.

I can't comment on pricing of trades, but it's not previously been a material issue for me (as an investor, not a trader)

i doubt people begrudge porch**** his opinion, it's more the fact that it's always the same opinion, given excessively repetitively, across multiple boards and across multiple portals.

he's made his point (always the same point!) and adds zero meaningful information or insight to any discussion.

given his opinion, i can't imagine that he's invested in many, if any, uk shares, and if his want is to short uk stocks he is certifiable loopy if he believes that his incessant de-ramping on a small investor forum such as this, is going to move the price in the way he would like it to go.

Seany,

Have you Googled it?

Have you looked on the company's investor site?

Please stop being lazy, asking those types of questions on here.

Personally, I'm hoping that the (inevitable) drop in AUM - as per every other asset manager has reported, is /should already be reflected in the current price.

I agree, to cut the dividend, just because the share price is too low IMO, would be unwise, but may well accelerate or galvanise a bid /merger approach from someone (Schroders / Macquarie / Lloyds /Aviva /Apollo /another ?).

To increase the dividend - even only slightly, would send a very strong signal of confidence to the market, that their strategy is working, that they have confidence in the future, and that they're not going to rush into any merger or takeover themselves.

I don't know why people engage with this poster, and his sort - it just gives them oxygen.

They are only baiting other posters (perhaps he gets paid to do so?) putting the same message across multiple companies and on multiple sites.

Please, just ignore him (most posters on ADV.. have him filtered) and he'll soon appreciate that no-one cares about his single interest views.

Pacino, like you and many others, I too was caught by DLG going from a relatively safe dividend supported by the BOD to a zero dividend within a matter of weeks.

At least VOD, everyone is aware that the dividend is on shaky ground and might be cut (though probably not cancelled) in order to cut borrowings. IMO, the risk of a cut here is partially priced in.

On balance, at 80p I believe the upside for VOD is greater than the downside, but I have been wrong (several times) before.

I echo others, very disappointed, although not totally surprised following the previous communication strategy with shareholders.

Seems he wanted to move to setting up new ventures before he's properly sorted this one - presumably to save his own job.

I wonder if he's ever been referred to as 'Bullsh-t Brad' before ?

'The management has been consistently underperforming the last few year' - Understatement of the last few years relating to FRES!
Each update from management generally consists of lower production and /or lower grades and /or lower reserves, almost to the extent that the SP doesn't overly react negatively as everyone expects it.
It is usually only the current - or forecast, price of silver which keeps people invested and ever hopeful that one day FRES will come good.
Unfortunately, because of the low free float (75% is owned by parent company) a takeover is very very unlikely to ever happen here, so even that hope is dashed.

So the Bruce Bros set up and ran Purp, ****ging off 'traditional' estate agents (even though Purp is just a listing service not a full service estate agent). They then ran away from Purp (or were pushed) when they saw that it was going down the pan.
They next reinvented themselves via the Boomin portal, which relied on traditional estate agents for their listings. This too went down the pan.
Now they wish to buy back Purp (probably via a pre-pack receivership) and will no doubt revert to ****ging off traditional estate agents.
All of these have been to enormous expense to their investors, shareholders.
It's staggering that anyone would be willing to lend them the money, let alone actually work for them!

My concern is that the 20p divi is virtually nailed on within the current SP so if, for whatever reason, it isn't confirmed at that level, the SP will drop sharply (although, probably only short term).
More longer term, AV appears to be in good hands under the current management so, as long as there are no black swan type events, I think it's very good to hold.

I've not read all of today's posts, but the situation is not just that the current divi has been binned, it is that the current level of divi will not be restored for a great many years, and if you're not holding DLG for the divi, then why hold it at all?

DLG is a bit of a one trick pony and unless you want to sit waiting with no or very little income hoping that the (same) management won't be caught short again on something else, there are better run, more diverse insurers that will provide a good and more reliable income.

I imagine that a lot of income funds will be divesting DLG over the next few days to reinvest elsewhere (and to cleanse their holdings record!)

Thank you for the swift and clear reply. Much appreciated

Can someone please help. In Ian Cowie's article it mentions a 6.9% yield, on here it says 3.4% and on HL site, it says 5.1% I appreciate that different sites can use different calculations but which is nearer the yield that I would be receiving if bought today ? (I know dividends are not guaranteed, but I'm assuming the p per share won't necessarily change, if that makes sense)
Many thanks in advance.

Thank you all for your thoughts.
and to chickenlegs, I've only got 130k odd shares so, as I say, I've not bet the ranch
Good luck to all investors in here, and roll on the positive news this next week

I've been holding this for years (ever since Evil pushed it, whenever that was).
Before everyone gets too carried away, I would flag the potential issues of what about fundraising dilution and what about free options awards to directors dilution ?
This is not meant as any way, a deramp, just a concern which I would welcome wiser ones comments.
Although not my only loser over the intervening period, it's been my only minor miner and a very small relative % so I'm happy to hold (and at least now back at par with my avg. purchase)

That explains the drop in the SP last week - leaky city again.
You would think it would be easy for the authorities to investigate and prosecute on at least some of the insider dealing that routinely goes on in these situations?

I think they may be referring to either a lack of updates in the self-declared 'news rich period' or the dilution of shares via new issues and options, or just their disappointment that they were taken in by all the rampers that infest here and advfn and thus expecting a multi-bagger without delay ?

I also didn't get to see the webinar but did Brad give any assurances that he and his chums will not further dilute the hell out of the current shareholders ?

'What are all the dumpers buying instead'
Quite possibly reality and security rather than fantasy and hope ?