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It's so hard to be patient on this one when the price slides like it is doing and there's no news. I reckon this will reward us again eventually but in the meantime, how much could be made on stocks like Zeta Global? Prim could do with issuing monthly updates. I do trust this board (not often I say that on AIM) but it's hard to know whether the next big news and potential dividend will come in the next week or the next 5 years. Patience needed.
Ventura issue might mean a sharp drop on Monday but only temporary. Might be a good week for topping up before the bounce.
Queue no movement and no trades 😂
Well that was quick. Recovered from ex-divi drop already. What a great stock to sit on and watch the cash roll in!
Just wondering if someone with more experience can help me with this question.
If I read it right, there has been 1 trade today, a sale worth £2000. The price is down 2.35%. That's reduced the Market Cap by about £140,000.
I'm sure it isn't the case that a £2000 sale has wiped £140k off the company value but can anyone explain what I'm missing.
Many thanks in advance.
Totally agree. I'm about 30% on Greggs for the same reason. Not as heavy on LGEN
I'm a long term holder (nothing to be proud about!). This stock has been suspended way longer than not!
TBH, I wrote this off a long long time ago. Anything is better than nothing but it really is the most frustratingly silent stock.
One day maybe?!
Patience on this one. It's well on the way back to pre ex divi price. Only a couple of weeks to the trading announcement and expect increases once the dividend is paid and in many cases (including my own) auto reinvested).
A good stock is a good stock.
Stocks like this are often owned by long term investors who have dividends set to auto reinvest. When they kick in the price recovers from the ex divi drop naturally. If a stock is good, it's good whenever you buy it. I may well top up in the dip tomorrow morning.
Sold for cash Nov 2023. Looks like another great call by the BoD given today's performance!
https://www.sharesmagazine.co.uk/news/market/1689357247294684900/in-brief-bushveld-and-primorus-revise-terms-of-loan-note-agreement
I was in London last week and nipped into a Greggs. Prices were about 20% more than in my local Greggs. The queue was out of the door. There isn't a high concentration of Greggs in London yet (compared to other big cities). I really think that there is a lot of room for growth in London, and looking at the queues at the one I visited, there's potential for increasing prices still further.
Happy divi week everyone. Don't panic at the inevitable ex-divi drop at the end of the week, it will recover a bit when the auto reinvestment start to kick in and I suspect go from strength to strength thereafter.
Look on the bright side. At least this stock isn't tanking 😂
As the rest of the market tanks, PRIM seems to be holding up well. A sign of long term patient investors and a trustworthy BoD who are not afraid of rewarding loyal shareholders. The 1.5p dividend, together with clear and timely communication has cemented this stock, especially with future good news (potential) imminent.
Funnily enough, I'm on both PRIM and 88E. Don't hold your breath on 88e. It'll take a decade before they see a return. By that time we'll be diluted to dust. My holding is so small it's not worth selling but if it was bigger I'd be looking to offload and top up on PRIM (even if that does mean significant patience).
86p Divi incoming. I expect this to climb over the next couple of weeks before the inevitable ex divi dive. The long term picture looks really good. I agree £30 this year is definitely doable. That potential growth on top of a guaranteed divi, it's a top up for me!
Has anyone used the We Shop app? I've just used it for the first time. It looks good. I wonder if Joe Public will be patient enough to wait 12 months for a payout or understand share ownership but for those who do, this looks a good thing. The main drawback at the moment is that it's not well marketed - I wouldn't have known about it unless I was invested in Prim. I know that this isn't a core investment but maybe some potential still exists. Payouts have been between £250 and £9000 in year 1.
Testing123,
Thanks for this. Looks a very balanced set of calculations. Fresho is the exciting bit. Would be good to hear an update on ALTE but I have every confidence that the board will update us when the time is right.
Has anyone tried to calculate our NAV recently? I have had a look but find it difficult. I know the boards strategy is to make the NAV easier to calculate bud I just wondered if anyone more clued up on some of the legacy investments might have an idea of what we're worth. One thing that I am convinced of is that the NAV is way more (possible multiples of) than the MCAP.
Nothing from HL yet. I reckon we'll know when they start to drop as the top ups will start to flood in and the price will go up.
Agreed, it is a pessimistic view but that is how I trade. Look for the pitfalls and reasons why not. If I can't find any significant ones then I invest. I really hope that CCL can continue to pay down debt as it's moat is wide. Like I say, I'd like to invest but for the time being the risk is too much for me.
GLA