Looks to be ticking up unlike the SP which continues to drift south. Not a good sign tbh. Oh well at least I don't need to sell thank goodness I think the company's strategy take months before fruition. GLA.
RE: GFGs Simec international holdings and Simec Atlantis energy.10 Aug 2021 19:43
Thanks. It appeared to me that SIMEC International are under financial investigation for falsifying invoices . Will watch again. SIMEC is a tainted name now though.
Mentioned Simec International under investigation for financial irregularities. Are they the parent company of SAE ? I can't work out the relationship.
Well to me it looks like he has increased the shares owned but his overall % of has been reduced. Very odd. His holdings in May 105,153,334 , today posted as 105,756,961. Totally baffled.
Hi Faulkes. I am by no means an expert on banking. But what is see is a company acquiring 500,000 new customers with a portfolio of £40 billion. I'm not as pessimistic about life expectancy going forward as I believe vaccines will prevail. So for me it is a lucrative market that can be exploited. One thing that stands out for me is that more people are taking money out of company pensions and looking for a home for their pot of money. The opportunities is investment management is huge in my opinion.
longtimeinvestor. I think this is more important than the dividend news but then again given the size of my investment my pay out is in the 100's not the 1000's so perhaps my motivation is different to others. With respect to due diligence you would hope previous whoppers have been learnt from?